Energizer Holdings Debt-to-Equity Ratio Growth & History (ENR)
Energizer Holdings's debt-to-equity ratio was 21.01 for fiscal 2025.
View full Energizer Holdings company overviewEnergizer Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 21.01 | −3.70 | −14.96% |
| 2024 | 2024-09-30 | 24.70 | 8.20 | +49.65% |
| 2023 | 2023-09-30 | 16.51 | −11.42 | −40.90% |
| 2022 | 2022-09-30 | 27.93 | 18.07 | +183.24% |
| 2021 | 2021-09-30 | 9.86 | −4.12 | −29.46% |
| 2020 | 2020-09-30 | 13.98 | 7.52 | +116.56% |
| 2019 | 2019-09-30 | 6.45 | −33.55 | −83.86% |
| 2018 | 2018-09-30 | 40.00 | 28.46 | +246.50% |
| 2017 | 2017-09-30 | 11.55 | — | — |
| 2014 | 2014-09-30 | 0.00 | — | — |
Energizer Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 16.97 | −1.48 | −8.02% |
| Q2 2026 | 2026-03-31 | 19.95 | −4.71 | −19.10% |
| Q1 2026 | 2025-12-31 | 24.60 | 1.31 | +5.62% |
| Q4 2025 | 2025-09-30 | 21.01 | −3.70 | −14.96% |
| Q3 2025 | 2025-06-30 | 18.46 | −8.82 | −32.34% |
| Q2 2025 | 2025-03-31 | 24.66 | 6.98 | +39.48% |
| Q1 2025 | 2024-12-31 | 23.29 | 2.97 | +14.65% |
| Q4 2024 | 2024-09-30 | 24.70 | 8.20 | +49.65% |
| Q3 2024 | 2024-06-30 | 27.28 | 6.18 | +29.27% |
| Q2 2024 | 2024-03-31 | 17.68 | −6.32 | −26.35% |
| Q1 2024 | 2023-12-31 | 20.31 | −7.65 | −27.37% |
| Q4 2023 | 2023-09-30 | 16.51 | −11.42 | −40.90% |
| Q3 2023 | 2023-06-30 | 21.10 | 13.70 | +185.18% |
| Q2 2023 | 2023-03-31 | 24.01 | 15.85 | +194.39% |
| Q1 2023 | 2022-12-31 | 27.96 | 19.44 | +227.97% |
| Q4 2022 | 2022-09-30 | 27.93 | 18.07 | +183.24% |
| Q3 2022 | 2022-06-30 | 7.40 | — | — |
| Q2 2022 | 2022-03-31 | 8.15 | — | — |
| Q1 2022 | 2021-12-31 | 8.53 | −2.16 | −20.23% |
| Q4 2021 | 2021-09-30 | 9.86 | −4.12 | −29.46% |
| Q1 2021 | 2020-12-31 | 10.69 | 4.59 | +75.18% |
| Q4 2020 | 2020-09-30 | 13.98 | 7.52 | +116.56% |
| Q3 2020 | 2020-06-30 | 9.12 | 2.90 | +46.52% |
| Q2 2020 | 2020-03-31 | 8.68 | 3.08 | +54.89% |
| Q1 2020 | 2019-12-31 | 6.10 | −7.81 | −56.14% |
| Q4 2019 | 2019-09-30 | 6.45 | −33.55 | −83.86% |
| Q3 2019 | 2019-06-30 | 6.22 | −14.29 | −69.66% |
| Q2 2019 | 2019-03-31 | 5.60 | −16.35 | −74.47% |
| Q1 2019 | 2018-12-31 | 13.91 | −15.31 | −52.39% |
| Q4 2018 | 2018-09-30 | 40.00 | 28.46 | +246.50% |
| Q3 2018 | 2018-06-30 | 20.52 | 9.22 | +81.55% |
| Q2 2018 | 2018-03-31 | 21.95 | 7.23 | +49.06% |
| Q1 2018 | 2017-12-31 | 29.22 | −27.72 | −48.68% |
| Q4 2017 | 2017-09-30 | 11.55 | — | — |
| Q3 2017 | 2017-06-30 | 11.30 | — | — |
| Q2 2017 | 2017-03-31 | 14.73 | — | — |
| Q1 2017 | 2016-12-31 | 56.94 | — | — |
| Q4 2014 | 2014-09-30 | 0.00 | — | — |
Energizer Holdings debt-to-equity ratio trends
Over the last five fiscal years, Energizer Holdings's debt-to-equity ratio increased from 13.98 to 21.01, a change of 7.03. The latest reported quarter, Q3 2026, shows 16.97.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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