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Energizer Holdings (Energizer Holdings) ROE %

: 3.99% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Energizer Holdings's annualized net income for the quarter that ended in Dec. 2023 was $8 Mil. Energizer Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $191 Mil. Therefore, Energizer Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 3.99%.

The historical rank and industry rank for Energizer Holdings's ROE % or its related term are showing as below:

ENR' s ROE % Range Over the Past 10 Years
Min: -95.21   Med: 34.97   Max: Negative Equity
Current: 56.44

During the past 12 years, Energizer Holdings's highest ROE % was Negative Equity%. The lowest was -95.21%. And the median was 34.97%.

ENR's ROE % is ranked better than
98.1% of 2952 companies
in the Industrial Products industry
Industry Median: 7.125 vs ENR: 56.44

Energizer Holdings ROE % Historical Data

The historical data trend for Energizer Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energizer Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.98 -21.88 48.41 -95.21 82.33

Energizer Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 149.96 114.61 80.69 41.74 3.99

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Energizer Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energizer Holdings ROE % Distribution

For the Industrial Products industry and Industrials sector, Energizer Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Energizer Holdings's ROE % falls into.



Energizer Holdings ROE % Calculation

Energizer Holdings's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=140.5/( (130.6+210.7)/ 2 )
=140.5/170.65
=82.33 %

Energizer Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=7.6/( (210.7+170.6)/ 2 )
=7.6/190.65
=3.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Energizer Holdings  (NYSE:ENR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=7.6/190.65
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.6 / 2866.4)*(2866.4 / 4466.75)*(4466.75 / 190.65)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.27 %*0.6417*23.4291
=ROA %*Equity Multiplier
=0.17 %*23.4291
=3.99 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=7.6/190.65
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7.6 / 37.6) * (37.6 / 274.4) * (274.4 / 2866.4) * (2866.4 / 4466.75) * (4466.75 / 190.65)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2021 * 0.137 * 9.57 % * 0.6417 * 23.4291
=3.99 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Energizer Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Energizer Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Energizer Holdings (Energizer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
533 Maryville University Drive, Saint Louis, MO, USA, 63141
Energizer Holdings Inc makes and distributes household batteries, specialty batteries, and lighting products. Energizer offers batteries using lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide technologies. These products are sold under the Energizer, Rayovac, Varta and Eveready brands at performance and premium price segments. It also offers auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The company operates in two geographical segments: Americas and International, of which the majority of its revenue is derived from the Americas segment.
Executives
Robin Vauth officer: EVP, International 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Mark Stephen Lavigne officer: EXECUTIVE VP, COO 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Bill G Armstrong director P O BOX 618, SAINT LOUIS MO 63101
Michael A Lampman officer: EVP, NA & Global Bus. Units 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Sara B. Hampton officer: VP, Cont. & Chief Acct. Off. 533 MARYVILLE UNIVERSITY DR., SAINT LOUIS MO 63141
Timothy W Gorman officer: VP, Controller & PAO 1475 E. WOODFIELD ROAD, SCHAUMBURG IL 60173
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Robert V Vitale director C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
John J Drabik officer: SVP, Corporate Controller 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Rebecca Frankiewicz director 100 MANPOWER PLACE, MILWAUKEE WI 53212
Carlos Abrams-rivera director THE KRAFT HEINZ COMPANY, 200 E. RANDOLPH STREET SUITE 7600, CHICAGO IL 60601
Hannah K Kim officer: CLO & Corp. Secretary 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
John Eddy Klein director ONE PINE VALLEY DRIVE, ST. LOUIS MO 63124
Emily K Boss officer: VP, General Counsel ENERGIZER, 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Susan K Drath officer: VP, Chief HR Officer 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141