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Energizer HoldingsENR +2.62%60 Debt-to-Equity is 19.67 as of Mar. 2026, which is 16% above its 10-year median of 16.91. GuruFocus rates ENR with a GF Score™ of 60/100 and a GF Value™ of $31.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,681 Industrial Products companies, Energizer Holdings ranks worse than 99.7% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Energizer Holdings's Debt-to-Equity or its related term are showing as below:
ENR'
s Debt-to-Equity Range Over the Past 10 Years
Min: -355.61 Med: 16.91 Max: 100.33
Current: 19.67
During the past 13 years, the highest Debt-to-Equity Ratio of Energizer Holdings was 100.33. The lowest was -355.61. And the median was 16.91.
ENR's Debt-to-Equity is ranked worse than 99.7% of 2681
companies
in the Industrial Products industry
Industry Median: 0.28
vs ENR: 19.67
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Energizer Holdings Debt-to-Equity Related Terms
Energizer Holdings Debt-to-Equity Historical Data
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The historical data trend for Energizer Holdings's Debt-to-Equity 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.
For the Electrical Equipment & Parts subindustry, Energizer Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Energizer Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Energizer Holdings's Debt-to-Equity falls into.
* 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.
Energizer Holdings (ENR) has a Debt-to-Equity of 19.67 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energizer Holdings and its competitors. This is 16% above median its historical median of 16.91. According to the industry distribution chart, Energizer Holdings ranks #2673 out of 2681 companies in the Industrial Products industry, placing it in the top 99.7%.
Is Energizer Holdings' Debt-to-Equity too high?
Energizer Holdings' current Debt-to-Equity of 19.67 is 16% above median its 10-year median of 16.91. The Industrial Products industry median Debt-to-Equity is 0.28. Energizer Holdings' value of 19.67 is 6925% above this industry median. Based on the distribution chart, Energizer Holdings ranks #2673 out of 2681 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Energizer Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energizer Holdings' Debt-to-Equity compare to TE and PLPC?
According to the Industrial Products industry distribution chart, Energizer Holdings ranks #2673 out of 2681 companies for Debt-to-Equity. This places Energizer Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Energizer Holdings' value of 19.67 is 6925% above this benchmark. While the company's 10-year median is 16.91 vs. the industry median of 0.28, Energizer Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energizer Holdings's current Debt-to-Equity of 19.67 is 6925% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energizer Holdings and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energizer Holdings's current Debt-to-Equity is 19.67, which is 16% above median its own 10-year median of 16.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energizer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energizer Holdings (ENR) is currently considered Possible Value Trap. The stock's GF Value™ is $31.71, compared to a current price of $22.15 — trading 30.2% below its estimated fair value. The current Debt-to-Equity is 19.67, which is 16% above median its 10-year median of 16.91 and 6925% above the Industrial Products industry median of 0.28. Energizer Holdings' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Energizer Holdings (ENR), the current Debt-to-Equity is 19.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energizer Holdings (ENR) Overvalued in 2026?
Based on GuruFocus' analysis, Energizer Holdings stock appears to be undervalued.
The current stock price of $22.15 is trading 30.2% below its estimated GF Value™ of $31.71.
GuruFocus considers Energizer Holdings to be Possible Value Trap.
Key valuation signals for ENR:
Debt-to-Equity: 19.67 (16% above median its 10-year median of 16.91)
GF Value™: $31.71 vs. price of $22.15 (30.2% below fair value)
Industry Position: 6925% above the Industrial Products median (#2673 of 2681)
No single metric tells the full story. See the ENR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energizer Holdings Inc. manufactures and distributes household batteries, specialty batteries, and lighting products. The company offers batteries using lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide technologies, sold under the Energizer, Rayovac, Varta, and Eveready brands across performance and premium price segments. It also provides auto care products in the appearance, fragrance, performance, and air conditioning recharge categories. Energizer operates through two geographical segments, the United States and International, with the majority of its revenue generated in the United States. It has two product segments: Batteries and Lights and Auto Care, with the Batteries and Lights segment contributing the majority of its revenue.
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