The company maintains a debt-to-equity ratio of 0.88 as of 2026Q2, with $1.1 billion in goodwill representing a significant concentration risk within the $3.5 billion total asset base.
| Metric | TTM | Sep'25 | Sep'24 | Sep'23 | Sep'22 | Sep'21 | Sep'20 | Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 | Sep'06 | Sep'05 | Sep'04 | Sep'03 | Sep'02 | Sep'01 | Sep'00 | Sep'99 | Sep'98 |
|---|
| Total Current Assets | 1.11B | 995.5M | 936M | 962.4M | 942.2M | 1.14B | 983.6M | 1.04B | 951.2M | 1.19B | 1.45B | 1.64B | 2.73B | 2.57B | 2.52B | 2.39B | 2.43B | 2.13B | 2.03B | 2.01B | 1.64B | 1.46B | 1.38B | 1.24B | 887.9M | 783.3M | 930.3M | 974M | 997.2M |
| Cash & Short-Term Investments | 299.7M | 225.7M | 209.1M | 216.4M | 188.7M | 479.2M | 364.7M | 341.6M | 266.4M | 502.9M | 738.9M | 712.1M | 1.13B | 998.3M | 718.5M | 471.2M | 629.7M | 359.3M | 171.2M | 363.2M | 134.3M | 84.5M | 109.1M | 71.7M | 33.9M | 23M | 11.9M | 27.8M | 49.1M |
| Cash Only | 299.7M | 225.7M | 209.1M | 216.4M | 188.7M | 479.2M | 364.7M | 341.6M | 266.4M | 502.9M | 738.9M | 712.1M | 1.13B | 998.3M | 718.5M | 471.2M | 629.7M | 359.3M | 171.2M | 363.2M | 134.3M | 84.5M | 109.1M | 71.7M | 33.9M | 23M | 11.9M | 27.8M | 49.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 185.4M | 194.8M | 164.1M | 168.8M | 208.9M | 230.6M | 229.8M | 205.6M | 239.1M | 241M | 289.8M | 434.3M | 569.4M | 626M | 811.7M | 952.2M | 875M | 864.3M | 970.3M | 829.4M | 735.4M | 724.1M | 659.9M | 432.3M | 189M | 189.1M | 180.6M | 441.9M | 480.1M |
| Days Sales Outstanding | 32.62 | 31.98 | 26.58 | 27.36 | 35.11 | 40.32 | 43.02 | 35.05 | 39.06 | 38.27 | 44.78 | 65.47 | 46.73 | 51.16 | 64.87 | 74.81 | 75.18 | 78.87 | 81.77 | 89.96 | 87.24 | 88.4 | 85.63 | 70.68 | 39.65 | 40.74 | 34.44 | 86.15 | 91.18 |
| Inventory | 450.1M | 484.7M | 477.3M | 492.4M | 449.3M | 345.7M | 314.1M | 357.2M | 329.5M | 333.5M | 309.2M | 332.8M | 616.9M | 616.3M | 672.4M | 653.4M | 666.3M | 667.3M | 674.6M | 582.3M | 553.9M | 491M | 459.7M | 430.6M | 359M | 361.3M | 459.1M | 383M | 404.4M |
| Days Inventory Outstanding | 137.37 | 136.24 | 134.22 | 137.11 | 127.01 | 111.06 | 107.27 | 111.02 | 100.1 | 103.82 | 93.88 | 98.17 | 170.29 | 180.03 | 101.03 | 95.4 | 109.11 | 113.75 | 107.37 | 120.73 | 126.67 | 118.52 | 119.51 | 123.35 | 135.96 | 131.99 | 160.51 | 140.09 | 146.96 |
| Other Current Assets | 174.3M | 11.9M | 9.1M | 12.3M | 25.1M | 12.9M | 10.2M | 75M | 60.4M | 70.1M | 94.2M | 100.5M | 371.4M | 240.3M | 230M | 231.5M | 180.2M | 154M | 135M | 109.1M | 104.4M | 91.6M | 94.1M | 218M | 306M | 209.9M | 278.7M | 121.3M | 63.6M |
| Total Non-Current Assets | 2.42B | 2.76B | 2.79B | 2.78B | 2.77B | 2.54B | 2.56B | 2.4B | 3B | 3B | 3.32B | 3.36B | 4.2B | 4.15B | 4.21B | 4.27B | 3.96B | 4.02B | 3.79B | 1.54B | 1.5B | 1.5B | 1.54B | 1.49B | 700.2M | 714.3M | 863.2M | 859.7M | 1.08B |
| Property, Plant & Equipment | 289.5M | 369.3M | 434.5M | 337.9M | 345.5M | 362.6M | 414.4M | 396M | 424.1M | 453.4M | 486.1M | 476.1M | 751.7M | 755.6M | 848.5M | 885.4M | 840.6M | 863.4M | 835.5M | 649.9M | 659.9M | 682.5M | 705.6M | 701.2M | 455.7M | 476.1M | 485.4M | 472.8M | 476.9M |
| Fixed Asset Turnover | 6.45x | 6.02x | 5.19x | 6.66x | 6.29x | 5.76x | 4.70x | 5.41x | 5.27x | 5.07x | 4.86x | 5.09x | 5.92x | 5.91x | 5.38x | 5.25x | 5.05x | 4.63x | 5.18x | 5.18x | 4.66x | 4.38x | 3.99x | 3.18x | 3.82x | 3.56x | 3.94x | 3.96x | 4.03x |
| Goodwill | 1.13B | 1.29B | 1.34B | 1.33B | 1.32B | 1.16B | 1.16B | 1.05B | 1.45B | 1.45B | 1.42B | 1.42B | 1.49B | 1.48B | 1.47B | 1.48B | 1.32B | 1.33B | 1.21B | 380.1M | 364.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 235.2M |
| Intangible Assets | 813.4M | 921.3M | 948.5M | 973.8M | 996.7M | 906.4M | 928.1M | 912.9M | 1.1B | 1.07B | 1.39B | 1.41B | 1.85B | 1.84B | 1.85B | 1.88B | 1.77B | 1.79B | 1.66B | 310.4M | 306.7M | 664M | 669.4M | 639M | 0 | 0 | 0 | 0 | 105.5M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -101.1M | -176.1M | -181.8M | -255.3M | -335.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 386.9M | 0 |
| Other Non-Current Assets | 186.2M | 179.1M | 73.3M | 135.2M | 106.6M | 107.1M | 55.1M | 34.8M | 28.2M | 31.6M | 28M | 48.7M | 112.7M | 82.1M | 36.9M | 31.9M | 27.2M | 45M | 84.8M | 201.2M | 88.1M | 149.8M | 164M | 148.8M | 244.5M | 238.2M | 377.8M | 0 | 262.8M |
| Total Assets | 3.53B | 3.76B | 3.73B | 3.74B | 3.71B | 3.67B | 3.54B | 3.44B | 3.95B | 4.19B | 4.77B | 4.99B | 6.93B | 6.72B | 6.73B | 6.66B | 6.39B | 6.15B | 5.82B | 3.55B | 3.13B | 2.96B | 2.92B | 2.73B | 1.59B | 1.5B | 1.79B | 1.83B | 2.08B |
| Asset Turnover | 0.57x | 0.59x | 0.60x | 0.60x | 0.58x | 0.57x | 0.55x | 0.62x | 0.57x | 0.55x | 0.50x | 0.49x | 0.64x | 0.66x | 0.68x | 0.70x | 0.67x | 0.65x | 0.74x | 0.95x | 0.98x | 1.01x | 0.96x | 0.82x | 1.10x | 1.13x | 1.07x | 1.02x | 0.93x |
| Asset Growth % | -1.61% | 0.68% | -0.26% | 0.74% | 1.05% | 3.78% | 2.88% | -12.94% | -5.62% | -12.21% | -4.41% | -27.96% | 3.15% | -0.21% | 1.02% | 4.31% | 3.89% | 5.71% | 63.71% | 13.42% | 5.82% | 1.53% | 6.72% | 72.04% | 6.04% | -16.5% | -2.19% | -11.74% | - |
| Total Current Liabilities | 613.8M | 565.5M | 563.6M | 523.4M | 539.5M | 536.8M | 510.5M | 659.6M | 717M | 524.4M | 868.2M | 666.8M | 1.57B | 1.15B | 1.31B | 1.16B | 1.25B | 1.16B | 1.36B | 1.12B | 926.9M | 838.1M | 907.9M | 727.5M | 534.6M | 495.2M | 528.6M | 495.9M | 518.7M |
| Accounts Payable | 231.1M | 219.7M | 219.3M | 194.4M | 228.8M | 209.5M | 181.9M | 222.8M | 238.4M | 223.6M | 196.5M | 236.9M | 397.1M | 340.4M | 325.2M | 289.6M | 271M | 231.6M | 262.4M | 255.6M | 246.6M | 231.8M | 220.5M | 213.2M | 119.4M | 109.2M | 145M | 128.6M | 149M |
| Days Payables Outstanding | 64.77 | 61.75 | 61.67 | 54.13 | 64.68 | 67.31 | 62.12 | 69.25 | 72.42 | 69.61 | 59.66 | 69.88 | 109.61 | 99.44 | 48.86 | 42.28 | 44.38 | 39.48 | 41.76 | 53 | 56.39 | 55.95 | 57.32 | 61.07 | 45.22 | 39.89 | 50.69 | 47.04 | 54.15 |
| Short-Term Debt | 35.1M | 44.9M | 41.2M | 19.5M | 19M | 26.5M | 30.2M | 131.4M | 193.1M | 19.4M | 300.3M | 17.5M | 519.5M | 239M | 393.9M | 162M | 290.9M | 270.1M | 370.4M | 253M | 148.6M | 116.2M | 182.3M | 86.1M | 109.6M | 110.3M | 135M | 118.8M | 114.4M |
| Deferred Revenue (Current) | 800K | 800K | 1.1M | 0 | 1.1M | 600K | 1.4M | 1.7M | 24.3M | 0 | 0 | 267.2M | 429M | 375.8M | 365.4M | 426.4M | 432.8M | 373.5M | 447.3M | 407M | 333.5M | 336.2M | 0 | 304.5M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 347.6M | 226.7M | 209.8M | 131.9M | 122.3M | 132.4M | 215.1M | 230.3M | 214.7M | 222.5M | 269.6M | 365.6M | 543.9M | 462M | 447.3M | 597.3M | 590.1M | 565.5M | 605.9M | 0 | 435M | 402.6M | 151.5M | 0 | 305.6M | 275.7M | 248.6M | 248.5M | 255.3M |
| Current Ratio | 1.81x | 1.76x | 1.66x | 1.84x | 1.75x | 2.12x | 1.93x | 1.58x | 1.33x | 2.26x | 1.67x | 2.45x | 1.73x | 2.23x | 1.93x | 2.06x | 1.94x | 1.83x | 1.49x | 1.79x | 1.76x | 1.75x | 1.52x | 1.71x | 1.66x | 1.58x | 1.76x | 1.96x | 1.92x |
| Quick Ratio | 1.07x | 0.90x | 0.81x | 0.90x | 0.91x | 1.47x | 1.31x | 1.04x | 0.87x | 1.63x | 1.32x | 1.96x | 1.34x | 1.69x | 1.42x | 1.50x | 1.41x | 1.26x | 0.99x | 1.27x | 1.17x | 1.16x | 1.01x | 1.12x | 0.99x | 0.85x | 0.89x | 1.19x | 1.14x |
| Cash Conversion Cycle | 105.23 | 106.46 | 99.13 | 110.34 | 97.44 | 84.08 | 88.17 | 76.82 | 66.73 | 72.48 | 79 | 93.76 | 107.4 | 131.76 | 117.04 | 127.93 | 139.91 | 153.14 | 147.38 | 157.7 | 157.51 | 150.97 | 147.82 | 132.95 | 130.39 | 132.84 | 144.25 | 179.2 | 184 |
| Total Non-Current Liabilities | 1.47B | 1.64B | 1.58B | 1.68B | 1.71B | 1.55B | 1.6B | 1.46B | 1.49B | 1.92B | 2.07B | 2.46B | 2.83B | 3.11B | 3.35B | 3.4B | 3.03B | 3.23B | 3.46B | 1.78B | 1.99B | 1.67B | 1.43B | 1.2B | 348.7M | 394.5M | 526.7M | 24.9M | 27.6M |
| Long-Term Debt | 1.24B | 1.44B | 1.27B | 1.36B | 1.39B | 1.23B | 1.24B | 1.1B | 1.1B | 1.53B | 1.54B | 1.7B | 1.77B | 2B | 2.14B | 2.21B | 2.02B | 2.29B | 2.59B | 1.37B | 1.63B | 1.29B | 1.06B | 913.6M | 160M | 225M | 370M | 1.9M | 1.3M |
| Capital Lease Obligations | 57.1M | 57.1M | 69.8M | 53.9M | 41.5M | 46.9M | 34.6M | 0 | 0 | 0 | 0 | 0 | -500.1M | -483.7M | -672.3M | -648.9M | -487.2M | -421.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 462.2M | 130M | 149.8M | 136.4M | 140.4M | 129M | 124.3M | 102.8M | 176.1M | 181.8M | 255.3M | 335.8M | 471.1M | 541.7M | 455M | 453.8M | 449.4M | 450.8M | 0 | 0 | 0 | 0 | 0 | 28.8M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 146.7M | 10.2M | 88.6M | 125.8M | 133.2M | 143.4M | 200.7M | 258.9M | 387.9M | 397.3M | 274.8M | 421M | 92.6M | 86.2M | 88.3M | 93.6M | 75.7M | 66.6M | 869.2M | 404.2M | 368.3M | 374.1M | 366M | 254.2M | 188.7M | 169.5M | 156.7M | 23M | 26.3M |
| Total Liabilities | 2.09B | 2.2B | 2.15B | 2.2B | 2.25B | 2.09B | 2.11B | 2.12B | 2.21B | 2.45B | 2.94B | 3.13B | 4.41B | 4.26B | 4.66B | 4.56B | 4.29B | 4.39B | 4.82B | 2.9B | 2.92B | 2.51B | 2.33B | 1.92B | 883.3M | 889.7M | 1.06B | 520.8M | 546.3M |
| Total Debt | 1.28B | 1.54B | 1.39B | 1.45B | 1.46B | 1.32B | 1.3B | 1.23B | 1.3B | 1.54B | 1.84B | 1.72B | 2.29B | 2.24B | 2.53B | 2.37B | 2.31B | 2.56B | 2.96B | 1.63B | 1.77B | 1.41B | 1.24B | 999.7M | 269.6M | 335.3M | 505M | 120.7M | 115.7M |
| Net Debt | 979.8M | 1.32B | 1.18B | 1.23B | 1.27B | 839.4M | 938M | 887.6M | 1.03B | 1.04B | 1.11B | 1.01B | 1.16B | 1.24B | 1.81B | 1.9B | 1.68B | 2.2B | 2.79B | 1.26B | 1.64B | 1.33B | 1.13B | 928M | 235.7M | 312.3M | 493.1M | 92.9M | 66.6M |
| Debt / Equity | 0.88x | 0.99x | 0.87x | 0.94x | 1.00x | 0.83x | 0.91x | 0.93x | 0.74x | 0.89x | 1.01x | 0.92x | 0.91x | 0.91x | 1.22x | 1.13x | 1.10x | 1.45x | 2.97x | 2.49x | 8.35x | 3.11x | 2.13x | 1.24x | 0.38x | 0.55x | 0.68x | 0.09x | 0.08x |
| Debt / EBITDA | 15.93x | 8.32x | 4.82x | 4.55x | 5.37x | 4.03x | 4.92x | 3.64x | 3.40x | 3.50x | 4.28x | 5.95x | 5.08x | 4.83x | 2.98x | 2.82x | 2.77x | 3.45x | 3.67x | 2.60x | 3.21x | 2.54x | 2.50x | 2.80x | 0.74x | 1.22x | 1.24x | 0.34x | 0.32x |
| Net Debt / EBITDA | 12.20x | 7.10x | 4.10x | 3.87x | 4.67x | 2.57x | 3.54x | 2.63x | 2.70x | 2.36x | 2.56x | 3.49x | 2.57x | 2.67x | 2.13x | 2.26x | 2.02x | 2.97x | 3.46x | 2.02x | 2.96x | 2.39x | 2.28x | 2.60x | 0.65x | 1.14x | 1.21x | 0.26x | 0.18x |
| Interest Coverage | 0.01x | 1.32x | 2.58x | 2.88x | 2.74x | 3.17x | 2.43x | -5.23x | 3.41x | 0.24x | 4.06x | -3.60x | 2.23x | 2.62x | 5.44x | 4.34x | 5.33x | 4.08x | 3.61x | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.45B | 1.55B | 1.58B | 1.54B | 1.47B | 1.58B | 1.43B | 1.32B | 1.74B | 1.74B | 1.83B | 1.86B | 2.52B | 2.45B | 2.07B | 2.1B | 2.1B | 1.76B | 996.3M | 653.9M | 212.4M | 453.1M | 582.2M | 808M | 704.8M | 607.9M | 738.2M | 1.31B | 1.53B |
| Equity Growth % | -7.83% | -1.96% | 2.83% | 5% | -7.4% | 10.57% | 8.32% | -24.18% | 0.17% | -4.77% | -1.88% | -26.1% | 2.8% | 18.56% | -1.51% | 0.08% | 19.14% | 76.88% | 52.36% | 207.86% | -53.12% | -22.17% | -27.95% | 14.64% | 15.94% | -17.65% | -43.77% | -14.26% | - |
| Book Value per Share | 31.14 | 32.63 | 31.62 | 29.74 | 27.37 | 28.70 | 26.24 | 24.45 | 32.01 | 30.29 | 30.64 | 30.07 | 40.29 | 39.01 | 31.50 | 29.89 | 29.78 | 27.93 | 16.92 | 11.22 | 3.37 | 6.17 | 6.98 | 8.80 | 7.60 | 6.55 | 7.65 | 12.80 | 15.07 |
| Total Shareholders' Equity | 1.45B | 1.55B | 1.58B | 1.54B | 1.47B | 1.58B | 1.43B | 1.32B | 1.74B | 1.74B | 1.83B | 1.86B | 2.52B | 2.45B | 2.07B | 2.1B | 2.1B | 1.76B | 996.3M | 653.9M | 212.4M | 453.1M | 582.2M | 808M | 704.8M | 607.9M | 738.2M | 1.31B | 1.53B |
| Common Stock | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 700K | 1.1M | 1.1M | 1.1M | 1.1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 0 | 0 |
| Retained Earnings | 995.8M | 1.09B | 1.09B | 1.02B | 939.1M | 865.7M | 782.4M | 734.1M | 1.08B | 952.9M | 946M | 772.9M | 1.37B | 1.14B | 2.99B | 2.61B | 2.35B | 1.96B | 1.67B | 1.36B | 1.07B | 878.5M | 625.8M | 367.1M | 202.4M | 17.5M | 59.8M | 0 | 0 |
| Treasury Stock | 0 | -1B | -937.9M | -906.1M | -860.9M | -776.3M | -790.4M | -803.8M | -819.2M | -703.9M | -563M | -382.2M | -221.6M | -147.2M | -2.33B | -1.93B | -1.67B | -1.7B | -1.72B | -1.76B | -1.75B | -1.19B | -814.8M | -288.1M | -176M | -79.6M | 0 | 0 | 0 |
| Accumulated OCI | -115M | -109.8M | -154.8M | -170M | -216.1M | -136.9M | -191.6M | -235.9M | -148.3M | -131.4M | -197.2M | -171.5M | -271.1M | -172.9M | -217.8M | -180.7M | -157.3M | -54.9M | 7.9M | 46.8M | -57.8M | -88.9M | -60.5M | -83.9M | -112.4M | -115.1M | -106.5M | -537.3M | 3.06B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
High Leverage Amidst Contraction
As reported in recent financial filings, Edgewell's total assets have contracted from $3.8 billion in 2025Q1 to $3.5 billion by 2026Q2, signaling a shrinking capital base that reflects the company's ongoing struggle to maintain scale while navigating a challenging consumer environment and persistent revenue stagnation.
The reduction in total assets alongside a stagnant equity base suggests that the company is failing to generate meaningful internal growth or asset appreciation. This trajectory implies that management's efforts to pivot the business model are not yet reflected in the balance sheet's fundamental strength.
Based on the latest quarterly data, Edgewell's debt-to-equity ratio has fluctuated significantly, reaching 0.88 in 2026Q2, which, when viewed alongside the company's recent net losses, suggests that debt servicing may become increasingly burdensome if operating cash flows do not stabilize in the near term.
The reliance on debt to maintain operations during periods of negative net income indicates a lack of internal cash generation. Investors should monitor whether the company's current leverage profile forces a reduction in capital expenditures or dividend payments to preserve liquidity.
According to historical balance sheet records, goodwill remains a substantial component of Edgewell's asset base at $1.1 billion, representing a significant portion of total assets and highlighting potential impairment risks if the company's core segments continue to face competitive pressures and declining market share.
The high concentration of intangible assets relative to tangible PPE suggests that the company's valuation is heavily dependent on the future performance of past acquisitions. Any further deterioration in segment profitability may necessitate non-cash write-downs that would further erode the company's equity position.
As evidenced by the company's quarterly reports, the current ratio has experienced notable volatility, dropping from 2.12 in 2026Q1 to 1.81 in 2026Q2, which may indicate a tightening of working capital efficiency and a reduced buffer against unexpected operational shocks or seasonal demand shifts.
While the current ratio remains above parity, the downward trend in cash reserves relative to liabilities warrants caution. This suggests that the company's ability to meet short-term obligations is becoming increasingly sensitive to the timing of cash inflows from its seasonal product lines.
Based on an analysis of recent financial statements, the rapid evaporation of deferred revenue from $209.7 million in 2024Q2 to zero in 2026Q2 suggests a potential decline in future performance obligations, which may be masking the true extent of the company's underlying demand weakness.
The absence of deferred revenue indicates that the company is no longer securing long-term commitments from its retail partners, which could lead to increased revenue volatility. This shift implies that the balance sheet is less resilient to market downturns than headline figures might otherwise suggest.
Quick answers to the most common questions about buying EPC stock.
As of 2025, Edgewell Personal Care Company (EPC) had total assets of $3.76B including $995.5M in current assets.
Edgewell Personal Care Company (EPC) carries total debt of $1.54B, offset by $225.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Edgewell Personal Care Company (EPC) has total shareholders' equity (book value) of $1.55B ($32.63 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Edgewell Personal Care Company (EPC) reported a current ratio of 1.76x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.