$ENR

ENERGIZER HOLDINGS, INC.

CIK:0001632790|SEC Filings

CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Condensed) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Net sales	$ 734.1	$ 725.3	$ 2,156.3	$ 2,119.9
Cost of products sold	453.5	325.6	1,360.3	1,191.6
Gross profit	280.6	399.7	796.0	928.3
Selling, general and administrative expense	129.3	128.3	411.7	395.6
Advertising and sales promotion expense	41.7	43.4	109.9	117.6
Research and development expense	7.4	8.2	22.8	24.3
Amortization of intangible assets	12.5	14.7	39.0	44.1
Interest expense	39.7	39.0	118.1	114.0
Loss on extinguishment/modification of debt	0.0	0.0	0.9	5.3
Other items, net	0.2	1.9	26.9	(3.3)
(Loss)/Earnings before income taxes	49.8	164.2	66.7	230.7
Income tax (benefit)/provision	9.9	10.7	20.1	26.6
Net earnings	$ 39.9	$ 153.5	$ 46.6	$ 204.1
Basic net (loss)/earnings per common share- continuing operations (in dollars per share)	$ 0.58	$ 2.16	$ 0.68	$ 2.84
Diluted net (loss)/earnings per common share- continuing operations (in dollars per share)	$ 0.58	$ 2.13	$ 0.67	$ 2.80
Weighted average number of shares outstanding, basic (in shares)	68.5	71.2	68.5	71.8
Weighted average number of shares outstanding, diluted (in shares)	69.2	72.1	69.2	72.9
Statements of Comprehensive Income:
Net (loss)/earnings	$ 39.9	$ 153.5	$ 46.6	$ 204.1
Other comprehensive income/(loss), net of tax expense/(benefit)
Foreign currency translation adjustments	5.2	(11.4)	15.5	(27.3)
Pension activity, net of tax	0.7	(1.8)	26.9	0.8
Deferred gain/(loss) on hedging activity, net of tax	1.1	(12.7)	0.5	(13.6)
Total comprehensive (loss)/income	$ 46.9	$ 127.6	$ 89.5	$ 164.0

CONSOLIDATED STATEMENTS OF CASH FLOWS (Condensed) - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flow from Operating Activities
Net earnings	$ 46.6	$ 204.1
Adjustments to reconcile net earnings to net cash flow from operating activities:
Non-cash integration and restructuring charges	26.0	6.3
Depreciation and amortization	92.6	94.6
Production credits	7.8	(112.4)
IEEPA tariff refund receivable	(67.1)	0.0
Deferred income taxes	4.4	1.3
Share-based compensation expense	20.4	19.7
Settlement loss on U.K. pension plan termination	26.3	0.0
Loss on extinguishment of debt	0.9	1.1
Exchange loss/(gain) included in income	4.3	(1.4)
Non-cash items included in income, net	10.8	10.0
Other, net	(14.8)	(4.2)
Changes in current assets and liabilities used in operations	(2.2)	(133.5)
Net cash from operating activities from continuing operations	156.0	85.6
Cash Flow from Investing Activities
Capital expenditures	(52.1)	(69.1)
Proceeds from sale of assets	1.1	0.0
Acquisitions, net of cash acquired	0.0	(12.8)
Net cash used by investing activities	(51.0)	(81.9)
Cash Flow from Financing Activities
Cash proceeds from issuance of debt with original maturities greater than 90 days	0.0	198.2
Payments on debt with maturities greater than 90 days	(97.5)	(221.0)
Net increase in debt with original maturities of 90 days or less	15.5	118.4
Debt issuance costs	(1.5)	(8.0)
Payment for contingent consideration liability	(6.0)	(0.5)
Common stock purchased	(5.4)	(62.6)
Dividends paid on common stock	(64.5)	(66.6)
Taxes paid for withheld share-based payments	(8.1)	(7.7)
Net cash used by financing activities	(167.5)	(49.8)
Effect of exchange rate changes on cash	(0.3)	0.3
Net (decrease)/increase in cash, cash equivalents, and restricted cash	(62.8)	(45.8)
Cash, cash equivalents, and restricted cash, beginning of period	236.2	216.9
Cash, cash equivalents, and restricted cash, end of period	$ 173.4	$ 171.1

CONSOLIDATED BALANCE SHEETS (Condensed) - USD ($) $ in Millions	Jun. 30, 2026	Sep. 30, 2025
Current assets
Cash and cash equivalents	$ 173.4	$ 236.2
Trade receivables, less allowance for doubtful accounts of $7.8 and $8.3, respectively	366.9	404.2
Inventories	747.8	781.2
Other current assets	311.7	257.5
Total current assets	1,599.8	1,679.1
Property, plant and equipment, net	384.6	403.0
Operating lease assets	89.9	93.2
Goodwill	1,048.5	1,051.2
Other intangible assets, net	966.7	1,005.5
Deferred tax assets	166.7	166.6
Other assets	209.8	158.1
Total assets	4,466.0	4,556.7
Current liabilities
Current maturities of long-term debt	8.6	8.6
Current portion of capital leases	1.6	1.5
Notes payable	30.5	13.7
Accounts payable	404.2	402.2
Current operating lease liabilities	12.6	16.2
Other current liabilities	314.7	352.8
Total current liabilities	772.2	795.0
Total long-term debt	3,294.9	3,407.9
Operating lease liabilities	82.8	84.8
Deferred tax liabilities	11.5	6.1
Other liabilities	101.4	93.0
Total liabilities	4,262.8	4,386.8
Shareholders' equity
Common stock	0.8	0.8
Additional paid-in capital	598.4	603.5
Retained earnings	66.5	87.0
Treasury stock	(279.8)	(295.8)
Accumulated other comprehensive loss	(182.7)	(225.6)
Total shareholders' equity	203.2	169.9
Total liabilities and shareholders' equity	$ 4,466.0	$ 4,556.7