EnerSys (ENS) Key Metrics
ENS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.08B
- Enterprise value
- $6.98B
- P/E (TTM)
- 18.1 10-yr median 21.1
- Forward P/E
- 14.2
- PEG ratio
- 0.95
- Price / sales
- 1.6 10-yr median 1.1
- Price / book
- 3.3 10-yr median 2.2
- EV / EBITDA
- 12.0 10-yr median 12.2
- Dividend yield
- 0.68% $1.15 a year
- Beta
- 1.19
ENS key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsENS valuation Price multiples at each fiscal year-end price.
ENS returns How much profit the business earns on the capital it uses.
ENS per-share figures Results divided by the shares outstanding at year-end.
ENS financial health Debt, liquidity and how easily interest is covered.
ENS efficiency & capital use Working capital cycle and where the cash goes.
ENS valuation history
ENS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ENS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ENS cash returned to shareholders
ENS price vs earnings per share
ENS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $6.63B | $3.70B | $3.91B | $3.59B | $3.19B | $3.92B | $2.12B | $2.80B | $2.99B | $3.47B |
| Enterprise value | $7.38B | $4.56B | $4.49B | $4.34B | $4.16B | $4.54B | $3.02B | $3.54B | $3.07B | $3.58B |
| P/E ratio | 22.6 | 10.2 | 14.5 | 20.4 | 22.2 | 27.4 | 15.5 | 17.5 | 25.0 | 21.7 |
| Price / sales | 1.8 | 1.0 | 1.1 | 1.0 | 1.0 | 1.3 | 0.7 | 1.0 | 1.2 | 1.5 |
| Price / book | 3.5 | 1.9 | 2.2 | 2.2 | 2.1 | 2.5 | 1.6 | 2.2 | 2.5 | 3.1 |
| Price / free cash flow | 14.2 | 26.6 | 10.5 | 18.8 | — | 13.6 | 14.0 | 22.0 | 21.2 | 17.7 |
| Price / operating cash flow | 12.1 | 14.2 | 8.6 | 12.8 | — | 11.0 | 8.4 | 14.2 | 14.2 | 14.1 |
| EV / sales | 2.0 | 1.3 | 1.3 | 1.2 | 1.2 | 1.5 | 1.0 | 1.3 | 1.2 | 1.5 |
| EV / EBITDA | 14.4 | 8.2 | 10.3 | 12.0 | 13.5 | 15.0 | 10.9 | 12.8 | 9.5 | 12.4 |
| EV / free cash flow | 15.8 | 32.8 | 12.1 | 22.7 | — | 15.8 | 19.9 | 27.8 | 21.7 | 18.3 |
| Earnings yield | 4.4% | 9.8% | 6.9% | 4.9% | 4.5% | 3.7% | 6.5% | 5.7% | 4.0% | 4.6% |
| Free cash flow yield | 7.1% | 3.8% | 9.5% | 5.3% | −4.4% | 7.3% | 7.2% | 4.5% | 4.7% | 5.6% |
| Dividend yield | 0.6% | 1.0% | 0.9% | 0.8% | 0.9% | 0.8% | 1.4% | 1.1% | 1.0% | 0.9% |
| Shareholder yield (dividends + buybacks) | 6.2% | 5.2% | 3.3% | 1.4% | 5.8% | 0.8% | 3.0% | 3.1% | 5.0% | 0.9% |
| Share price at fiscal year-end | $173.72 | $91.58 | $94.46 | $86.88 | $74.57 | $90.80 | $49.52 | $65.16 | $69.37 | $78.94 |
| Per share | ||||||||||
| Revenue per share | $98.35 | $89.46 | $86.58 | $89.74 | $78.47 | $68.89 | $71.98 | $65.29 | $59.87 | $53.78 |
| Earnings per share | $7.70 | $8.99 | $6.50 | $4.25 | $3.36 | $3.32 | $3.20 | $3.72 | $2.77 | $3.64 |
| Operating cash flow per share | $14.36 | $6.44 | $11.05 | $6.77 | −$1.53 | $8.29 | $5.91 | $4.60 | $4.89 | $5.59 |
| Free cash flow per share | $12.26 | $3.44 | $8.96 | $4.63 | −$3.26 | $6.67 | $3.54 | $2.96 | $3.27 | $4.45 |
| Cash per share | $11.50 | $8.49 | $8.06 | $8.39 | $9.41 | $10.45 | $7.62 | $6.96 | $12.11 | $11.37 |
| Book value per share | $49.95 | $47.38 | $42.39 | $38.72 | $34.81 | $35.62 | $30.32 | $29.81 | $27.73 | $25.07 |
| Tangible book value per share | $21.23 | $20.27 | $18.16 | $13.63 | $9.17 | $9.33 | $4.22 | $3.80 | $16.13 | $14.11 |
| Dividends per share | $1.00 | $0.93 | $0.83 | $0.69 | $0.69 | $0.69 | $0.69 | $0.69 | $0.69 | $0.69 |
| Capex per share | $2.10 | $2.99 | $2.09 | $2.15 | $1.73 | $1.62 | $2.36 | $1.64 | $1.62 | $1.14 |
| Debt per share | $31.19 | $29.73 | $22.10 | $26.48 | $32.06 | $24.73 | $28.54 | $24.10 | $13.87 | $13.77 |
| Shares outstanding | 38.1M | 40.4M | 41.4M | 41.3M | 42.8M | 43.2M | 42.9M | 43.0M | 43.1M | 44.0M |
| Change in shares outstanding | −5.7% | −2.3% | +0.1% | −3.4% | −1.0% | +0.8% | −0.3% | −0.3% | −2.0% | −3.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.4% | 19.8% | 16.0% | 11.4% | 9.5% | 10.1% | 10.6% | 12.9% | 10.4% | 15.1% |
| Return on invested capital (ROIC) | 14.8% | 16.3% | 13.8% | 9.7% | 7.4% | 8.4% | 8.4% | 11.4% | 10.9% | 14.3% |
| Return on assets (ROA) | 7.4% | 9.8% | 7.6% | 4.8% | 4.0% | 4.2% | 4.3% | 5.7% | 5.0% | 7.1% |
| Return on tangible assets | 10.1% | 12.7% | 10.9% | 6.8% | 5.5% | 6.2% | 6.3% | 8.0% | 6.0% | 8.8% |
| Free cash flow margin | 12.5% | 3.8% | 10.3% | 5.2% | −4.2% | 9.7% | 4.9% | 4.5% | 5.5% | 8.3% |
| Income quality (OCF / net income) | 1.87 | 0.72 | 1.70 | 1.59 | −0.46 | 2.50 | 1.85 | 1.24 | 1.76 | 1.54 |
| Financial health | ||||||||||
| Total debt | $1.19B | $1.20B | $914.3M | $1.09B | $1.37B | $1.07B | $1.22B | $1.04B | $598.0M | $606.1M |
| Cash & short-term investments | $438.7M | $343.1M | $333.3M | $346.7M | $402.5M | $451.8M | $327.0M | $299.2M | $522.1M | $500.3M |
| Net debt | $751.0M | $859.2M | $580.9M | $747.5M | $969.0M | $616.9M | $897.2M | $737.3M | $75.9M | $105.8M |
| Debt / equity | 0.62 | 0.63 | 0.52 | 0.68 | 0.92 | 0.69 | 0.94 | 0.81 | 0.50 | 0.55 |
| Debt / assets | 0.30 | 0.30 | 0.26 | 0.30 | 0.37 | 0.31 | 0.37 | 0.33 | 0.24 | 0.26 |
| Net debt / EBITDA | 1.47 | 1.54 | 1.34 | 2.07 | 3.15 | 2.04 | 3.23 | 2.67 | 0.23 | 0.37 |
| Current ratio | 2.66 | 2.70 | 2.46 | 2.64 | 2.70 | 2.50 | 2.60 | 2.51 | 3.13 | 3.04 |
| Quick ratio | 1.76 | 1.74 | 1.50 | 1.53 | 1.73 | 1.73 | 1.74 | 1.68 | 2.29 | 2.26 |
| Interest coverage | 7.1 | 9.1 | 7.0 | 4.7 | 5.5 | 5.6 | 4.4 | 6.9 | 10.8 | 10.6 |
| Working capital | $1.34B | $1.31B | $1.06B | $1.18B | $1.26B | $1.01B | $962.6M | $923.7M | $1.05B | $951.5M |
| Invested capital | $2.66B | $2.78B | $2.33B | $2.35B | $2.46B | $2.16B | $2.20B | $2.02B | $1.27B | $1.21B |
| Tangible asset value | $813.5M | $823.0M | $754.7M | $566.8M | $396.4M | $407.1M | $184.4M | $167.3M | $701.2M | $625.8M |
| Net current asset value | $47.4M | $38.1M | $73.8M | −$116.9M | −$250.2M | −$227.9M | −$434.7M | −$295.5M | $253.8M | $234.3M |
| Graham number | $93.00 | $97.92 | $78.76 | $60.88 | $51.33 | $51.56 | $46.69 | $49.99 | $41.60 | $45.31 |
| Graham net-net per share | −$21.81 | −$20.56 | −$14.23 | −$18.08 | −$20.71 | −$16.49 | −$21.45 | −$18.04 | −$3.33 | −$3.08 |
| Capital allocation | ||||||||||
| Dividends paid | $38.1M | $37.5M | $34.5M | $28.5M | $29.4M | $29.8M | $29.7M | $29.7M | $29.7M | $30.4M |
| Share buybacks (net) | $370.7M | $154.0M | $95.7M | $22.9M | $156.4M | $0 | $34.6M | $56.4M | $121.2M | $0 |
| Dividend payout ratio | 13.0% | 10.3% | 12.8% | 16.2% | 20.4% | 20.8% | 21.7% | 18.6% | 24.8% | 19.0% |
| Dividends + buybacks / free cash flow | 87.4% | 137.5% | 35.1% | 26.9% | — | 10.3% | 42.3% | 67.6% | 106.8% | 15.5% |
| Capex / revenue | 2.1% | 3.3% | 2.4% | 2.4% | 2.2% | 2.4% | 3.3% | 2.5% | 2.7% | 2.1% |
| Capex / operating cash flow | 14.6% | 46.5% | 18.9% | 31.7% | — | 19.5% | 40.0% | 35.6% | 33.1% | 20.4% |
| Capex / depreciation | 0.71 | 1.20 | 0.94 | 0.97 | 0.77 | 0.74 | 1.16 | 1.11 | 1.29 | 0.93 |
| Stock-based compensation / revenue | 1.0% | 0.8% | 0.9% | 0.7% | 0.7% | 0.7% | 0.7% | 0.8% | 0.8% | 0.8% |
| SG&A / revenue | — | 1.4% | 1.3% | 14.7% | 15.5% | 16.2% | 1.4% | 15.3% | 14.9% | 1.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 62.8 | 63.6 | 65.1 | 73.3 | 79.2 | 80.6 | 78.5 | 79.6 | 73.6 | 75.9 |
| Days of inventory on hand | 100.7 | 103.9 | 105.0 | 96.3 | 86.4 | 84.6 | 81.1 | 79.2 | 73.5 | 73.5 |
| Days payables outstanding | 52.3 | 56.0 | 52.5 | 49.1 | 50.2 | 49.4 | 45.5 | 47.6 | 45.6 | 47.9 |
| Cash conversion cycle (days) | 111.3 | 111.5 | 117.6 | 120.5 | 115.4 | 115.8 | 114.1 | 111.2 | 101.4 | 101.5 |
| Receivables turnover | 5.81 | 5.74 | 5.61 | 4.98 | 4.61 | 4.53 | 4.65 | 4.59 | 4.96 | 4.81 |
| Payables turnover | 6.98 | 6.52 | 6.95 | 7.43 | 7.27 | 7.39 | 8.02 | 7.67 | 8.00 | 7.61 |
| Inventory turnover | 3.62 | 3.51 | 3.48 | 3.79 | 4.23 | 4.31 | 4.50 | 4.61 | 4.97 | 4.96 |
| Asset turnover | 0.94 | 0.97 | 1.01 | 1.01 | 0.93 | 0.88 | 0.96 | 1.00 | 1.08 | 1.05 |
| Average receivables | $645.8M | $630.3M | $638.8M | $744.7M | $728.5M | $657.6M | $664.0M | $612.1M | $520.7M | $492.3M |
| Average payables | $379.9M | $387.6M | $374.0M | $385.9M | $358.5M | $302.9M | $287.2M | $275.7M | $240.7M | $225.5M |
| Average inventory | $732.3M | $718.8M | $747.7M | $756.8M | $617.0M | $518.9M | $511.7M | $459.1M | $387.5M | $345.9M |
| Intangibles / total assets | 27.4% | 27.6% | 28.9% | 28.7% | 29.4% | 32.8% | 33.9% | 35.9% | 20.1% | 21.0% |
Computed from ENS's annual financial statements (latest annual report filed May 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ENS valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), EnerSys traded at 22.6 times earnings, against a 10-year median of 21.1. Based on the latest twelve months, the trailing P/E is 18.1 and the forward P/E is 14.2. EnerSys earned a return on equity of 15.4% and a return on invested capital of 14.8% in fiscal 2026. It ended the year with $1.2 billion of debt and $438.7 million in cash and short-term investments, net debt of $751.0 million. It returned $408.8 million to shareholders: $38.1 million in dividends and $370.7 million in share buybacks, 87% of free cash flow. The share count fell 13.3% from 44.0M to 38.1M over 9 years.
See the ENS income statement, the ENS chart for price history, or the ENS stock overview for the latest quote and news.
ENS key metrics FAQ
What is EnerSys's P/E ratio?
EnerSys's trailing P/E ratio is 18.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.2. At the end of fiscal 2026 it was 22.6, compared with a 10-year median of 21.1.
What is EnerSys's EV/EBITDA?
EnerSys's enterprise value was 14.4 times EBITDA at the end of fiscal 2026 (enterprise value $7.4 billion, EBITDA $511.5 million); the current EV/EBITDA is 12.0.
What is EnerSys's return on equity?
EnerSys's return on equity (ROE) was 15.4% in fiscal 2026: net income of $293.6 million on average shareholders' equity of $1.9 billion.
What is EnerSys's ROIC?
EnerSys's return on invested capital was 14.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does EnerSys have?
EnerSys had total debt of $1.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.62 and $751.0 million of net debt (1.47 times EBITDA).
What is EnerSys's dividend yield?
EnerSys's forward dividend yield is 0.68%. EnerSys paid $38.1 million in dividends in fiscal 2026 ($1.00 per share), a payout ratio of 13.0%.
Does EnerSys buy back its shares?
Yes. EnerSys spent $370.7 million on net share repurchases in fiscal 2026 Shares outstanding changed −5.7% over the year, to 38.1M..
What is EnerSys's free cash flow yield?
EnerSys generated $467.5 million of free cash flow in fiscal 2026, a free cash flow yield of 7.1% on its market value at year-end ($6.6 billion).
What is EnerSys's current ratio?
EnerSys's current ratio was 2.66 at the end of fiscal 2026: current assets were 2.66 times current liabilities.