EnerSys (ENS) Financial Ratios
24 years of historical data (2002–2025) · Industrials · Electrical Equipment & Parts
EV/EBITDA
↓
16.00
↑+37% vs avg
5yr avg: 11.66
30Y Low4.5·High14.6
P/FCF
↑
58.81
↑+238% vs avg
5yr avg: 17.38
30Y Low3.7·High120.4
P/B Ratio
↓
4.70
↑+112% vs avg
5yr avg: 2.21
30Y Low0.9·High3.1
ROE
↑
19.8%
↓+48% vs avg
5yr avg: 13.3%
30Y Low-10%·High20%
Debt/EBITDA
↓
2.13
↓-30% vs avg
5yr avg: 3.03
30Y Low0.6·High5.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ENS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
EnerSys trades at 24.8x earnings, 31% above its 5-year average of 18.9x, sitting at the 90th percentile of its historical range. This is roughly in line with the Industrials sector median P/E of 25.5x. On a free-cash-flow basis, the stock trades at 58.8x P/FCF, 238% above the 5-year average of 17.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.2B | $3.7B | $3.9B | $3.6B | $3.2B | $3.9B | $2.1B | $2.8B | $3.0B | $3.5B | $2.5B |
| Enterprise Value | $9.0B | $4.6B | $4.5B | $4.3B | $4.2B | $4.5B | $3.0B | $3.5B | $3.1B | $3.6B | $2.8B |
| P/E Ratio → | 24.80 | 10.19 | 14.53 | 20.44 | 22.19 | 27.35 | 15.47 | 17.52 | 25.04 | 21.69 | 18.64 |
| P/S Ratio | 2.26 | 1.02 | 1.09 | 0.97 | 0.95 | 1.32 | 0.69 | 1.00 | 1.16 | 1.47 | 1.09 |
| P/B Ratio | 4.70 | 1.93 | 2.22 | 2.24 | 2.14 | 2.54 | 1.63 | 2.18 | 2.49 | 3.13 | 2.47 |
| P/FCF | 58.81 | 26.59 | 10.55 | 18.78 | — | 13.61 | 13.98 | 21.98 | 21.18 | 17.73 | 10.07 |
| P/OCF | 31.46 | 14.23 | 8.55 | 12.83 | — | 10.95 | 8.38 | 14.16 | 14.17 | 14.12 | 8.24 |
P/E links to full P/E history page with 30-year chart
ENS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
EnerSys's enterprise value stands at 16.0x EBITDA, 37% above its 5-year average of 11.7x. The Industrials sector median is 13.8x, placing the stock at a 16% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.26 | 1.25 | 1.17 | 1.24 | 1.53 | 0.98 | 1.26 | 1.19 | 1.51 | 1.19 |
| EV / EBITDA | 16.00 | 8.07 | 10.12 | 11.74 | 13.77 | 14.63 | 10.89 | 12.83 | 9.48 | 12.35 | 10.40 |
| EV / EBIT | 19.47 | 9.97 | 13.12 | 16.06 | 19.65 | 21.78 | 15.85 | 16.61 | 11.65 | 15.24 | 13.54 |
| EV / FCF | — | 32.76 | 12.11 | 22.69 | — | 15.75 | 19.88 | 27.77 | 21.72 | 18.27 | 10.99 |
ENS Profitability
Margins and return-on-capital ratios measuring operating efficiency
EnerSys earns an operating margin of 12.8%, above the Industrials sector average of 4.9%. Operating margins have expanded from 7.5% to 12.8% over the past 3 years, signaling improving operational efficiency. ROE of 19.8% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 13.6% represents solid returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.2% | 30.2% | 27.4% | 22.7% | 22.3% | 24.8% | 25.4% | 24.7% | 25.4% | 27.5% | 26.4% |
| Operating Margin | 12.8% | 12.8% | 9.8% | 7.5% | 6.1% | 7.3% | 6.2% | 7.6% | 10.4% | 10.0% | 9.1% |
| Net Profit Margin | 10.1% | 10.1% | 7.5% | 4.7% | 4.3% | 4.8% | 4.4% | 5.7% | 4.6% | 6.8% | 5.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.8% | 19.8% | 16.0% | 11.4% | 9.5% | 10.1% | 10.6% | 12.9% | 10.4% | 15.0% | 13.1% |
| ROA | 9.8% | 9.8% | 7.6% | 4.8% | 4.0% | 4.2% | 4.3% | 5.7% | 5.0% | 7.1% | 6.2% |
| ROIC | 13.6% | 13.6% | 11.2% | 8.7% | 6.7% | 7.4% | 6.8% | 9.7% | 16.2% | 14.3% | 12.3% |
| ROCE | 15.7% | 15.7% | 12.5% | 9.4% | 7.1% | 7.9% | 7.3% | 9.4% | 14.1% | 13.1% | 12.0% |
ENS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
EnerSys carries a Debt/EBITDA ratio of 2.1x, which is manageable (33% below the sector average of 3.2x). Net debt stands at $859M ($1.2B total debt minus $343M cash). Interest coverage of 9.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.63 | 0.52 | 0.68 | 0.92 | 0.69 | 0.94 | 0.81 | 0.50 | 0.55 | 0.61 |
| Debt / EBITDA | 2.13 | 2.13 | 2.06 | 2.96 | 4.54 | 3.44 | 4.41 | 3.76 | 1.85 | 2.09 | 2.36 |
| Net Debt / Equity | — | 0.45 | 0.33 | 0.47 | 0.65 | 0.40 | 0.69 | 0.57 | 0.06 | 0.10 | 0.23 |
| Net Debt / EBITDA | 1.52 | 1.52 | 1.31 | 2.02 | 3.21 | 1.99 | 3.23 | 2.67 | 0.23 | 0.37 | 0.87 |
| Debt / FCF | — | 6.17 | 1.57 | 3.91 | — | 2.14 | 5.90 | 5.78 | 0.54 | 0.54 | 0.92 |
| Interest Coverage | 9.09 | 9.09 | 7.04 | 4.68 | 5.46 | 5.63 | 4.35 | 6.88 | 10.77 | 10.63 | 9.40 |
ENS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
EnerSys's current ratio of 2.70x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.74x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.64x to 2.70x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.70 | 2.70 | 2.46 | 2.64 | 2.70 | 2.50 | 2.60 | 2.51 | 3.13 | 3.04 | 2.87 |
| Quick Ratio | 1.74 | 1.74 | 1.50 | 1.53 | 1.73 | 1.73 | 1.74 | 1.68 | 2.29 | 2.26 | 2.14 |
| Cash Ratio | 0.44 | 0.44 | 0.46 | 0.48 | 0.55 | 0.67 | 0.54 | 0.49 | 1.06 | 1.07 | 0.88 |
| Asset Turnover | — | 0.91 | 1.03 | 1.03 | 0.90 | 0.86 | 0.94 | 0.90 | 1.04 | 1.03 | 1.05 |
| Inventory Turnover | 3.41 | 3.41 | 3.73 | 3.60 | 3.64 | 4.32 | 4.43 | 4.20 | 4.65 | 4.76 | 5.15 |
| Days Sales Outstanding | — | 68.25 | 59.53 | 68.25 | 86.54 | 81.01 | 77.34 | 87.58 | 77.81 | 75.71 | 77.80 |
ENS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
EnerSys returns 2.3% to shareholders annually — split between a 0.4% dividend yield and 1.9% buyback yield. The payout ratio of 10.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.4% | 1.0% | 0.9% | 0.8% | 0.9% | 0.8% | 1.4% | 1.1% | 1.0% | 0.9% | 1.2% |
| Payout Ratio | 10.3% | 10.3% | 12.8% | 16.2% | 20.4% | 20.8% | 21.7% | 18.6% | 24.8% | 19.0% | 22.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.0% | 9.8% | 6.9% | 4.9% | 4.5% | 3.7% | 6.5% | 5.7% | 4.0% | 4.6% | 5.4% |
| FCF Yield | 1.7% | 3.8% | 9.5% | 5.3% | — | 7.3% | 7.2% | 4.5% | 4.7% | 5.6% | 9.9% |
| Buyback Yield | 1.9% | 4.2% | 2.4% | 0.6% | 4.9% | 0.0% | 1.6% | 2.0% | 4.1% | 7.4% | 7.6% |
| Total Shareholder Yield | 2.3% | 5.2% | 3.3% | 1.4% | 5.8% | 0.8% | 3.0% | 3.1% | 5.0% | 8.3% | 8.9% |
| Shares Outstanding | — | $40M | $41M | $41M | $43M | $43M | $43M | $43M | $43M | $44M | $45M |
Peer Comparison
Compare ENS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ENSYou | $8B | 24.8 | 16.0 | 58.8 | 30.2% | 12.8% | 19.8% | 13.6% | 2.1 |
 CLFD | $519M | -64.6 | 61.5 | 21.0 | 33.7% | 1.4% | -3.0% | 0.6% | 1.1 |
 SBS | $22B | 13.0 | 10.1 | — | 36.6% | 32.2% | 20.9% | 13.1% | 2.8 |
 GNRC | $16B | 99.2 | 34.4 | 58.4 | 38.3% | 6.9% | 6.2% | 5.9% | 2.8 |
 AMTX | $213M | -2.4 | — | — | -0.4% | -17.9% | — | -70.3% | — |
 FLUX | $23M | -3.3 | — | — | 32.7% | -7.6% | — | -30.1% | — |
 EXC | $45B | 16.2 | 10.8 | — | 27.9% | 21.2% | 9.9% | 5.1% | 5.8 |
 BWEN | $49M | 9.2 | 11.4 | — | 10.2% | 0.3% | 8.3% | 0.4% | 4.2 |
 CLNE | $507M | -2.3 | 94.6 | 8.5 | 4.2% | -22.1% | -34.6% | -9.4% | 20.9 |
 POWI | $4B | 184.2 | 79.7 | 45.9 | 54.5% | 4.8% | 3.1% | 2.4% | — |
 REXR | $9B | 42.0 | 17.1 | 41.1 | 77.3% | 37.9% | 2.4% | 2.4% | 5.0 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 24 years · Updated daily
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Start ComparisonENS — Frequently Asked Questions
Quick answers to the most common questions about buying ENS stock.
What is EnerSys's P/E ratio?
EnerSys's current P/E ratio is 24.8x. The historical average is 18.1x. This places it at the 90th percentile of its historical range.
What is EnerSys's EV/EBITDA?
EnerSys's current EV/EBITDA is 16.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.0x.
What is EnerSys's ROE?
EnerSys's return on equity (ROE) is 19.8%. The historical average is 10.5%.
Is ENS stock overvalued?
Based on historical data, EnerSys is trading at a P/E of 24.8x. This is at the 90th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is EnerSys's dividend yield?
EnerSys's current dividend yield is 0.42% with a payout ratio of 10.3%.
What are EnerSys's profit margins?
EnerSys has 30.2% gross margin and 12.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does EnerSys have?
EnerSys's Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.