EnerSys is a global energy-storage company whose fiscal year ends March 31. The statistics below cover its consolidated financial results, operating segments, procurement exposure, capital allocation, sustainability reporting, recycling network and workforce disclosures, with fiscal periods and company-defined boundaries stated explicitly.
Key EnerSys Statistics
The most useful headline figures are:
- $3.617579 billion in consolidated net sales was reported by EnerSys for fiscal 2025, ended March 31, 2025, across its global operations.
- $363.735 million in net earnings was reported for EnerSys in fiscal 2025 on a consolidated GAAP basis.
- 30.2% gross margin was reported for consolidated EnerSys in fiscal 2025, compared with 27.4% in fiscal 2024.
- $1.5311 billion of fiscal 2025 sales came from Energy Systems, representing 42.3% of consolidated net sales.
- $1.4841 billion of fiscal 2025 sales came from Motive Power, representing 41.0% of consolidated net sales.
- $593.6 million of fiscal 2025 sales came from Specialty, representing 16.4% of consolidated net sales.
- 70.0 million pounds of lead at $0.91 per pound were under contract for EnerSys at March 31, 2025.
- Approximately 40% of sales and related expenses were transacted in foreign currencies in EnerSys’ fiscal 2025 filing disclosure.
- $121.038 million of capital expenditures were recorded by consolidated EnerSys in fiscal 2025.
- $206.4 million was spent on the Bren-Tronics acquisition by EnerSys in fiscal 2025.
- $28.502 million of short-term borrowings were outstanding at EnerSys on March 31, 2025.
- Scope 1 emissions fell 25% from FY20 to FY25 across EnerSys’ company-defined global operations boundary.
- Scope 2 emissions fell 5% from FY24 to FY25 in EnerSys’ FY25 sustainability reporting.
- 19% improvement in energy intensity since FY21 was reported by EnerSys for FY25, measured per kWh produced.
- 952 megaliters of total water usage were reported by EnerSys for FY25 across its stated global operations.
- More than 160 million lead batteries are recycled annually in the broader United States lead-battery recycling system described by EnerSys.
- More than 4,000 training courses were available through EnerSys’ internal training platform in its current sustainability disclosure.
Contents
- Key EnerSys Statistics
- EnerSys Revenue, Profit and Multi-Year Financial Trends
- EnerSys Segment Sales and Operating Trends
- EnerSys Operating Drivers, Lead Exposure and Foreign Exchange
- EnerSys Cash Flow, Investment and Balance-Sheet Data
- EnerSys Sustainability Statistics on Emissions, Energy and Water
- EnerSys Recycling, Workforce and Operational Footprint
EnerSys Revenue, Profit and Multi-Year Financial Trends
EnerSys’ consolidated GAAP results show sales of $3.617579 billion in fiscal 2025, compared with $3.581871 billion in fiscal 2024 and $3.708579 billion in fiscal 2023. Fiscal 2025 product sales were $3.256796 billion and service sales were $360.783 million.
| Consolidated measure | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Net sales | $3.617579B | $3.581871B | $3.708579B |
| Gross profit | $1.092404B | $982.891M | $840.138M |
| Net earnings | $363.735M | $269.096M | $175.810M |
| Operating expenses | $608.656M | $589.599M | $544.858M |
Source: EnerSys Form 10-K for the fiscal year ended March 31, 2025. Fiscal years end March 31 and are not calendar years.
Gross profit rose to $1.092404 billion in fiscal 2025 from $982.891 million in fiscal 2024 and $840.138 million in fiscal 2023. The company reported a 30.2% gross margin in fiscal 2025, up 280 basis points from 27.4% in fiscal 2024.
Net earnings were $363.735 million in fiscal 2025, versus $269.096 million in fiscal 2024 and $175.810 million in fiscal 2023. Operating expenses reached $608.656 million in fiscal 2025, while restructuring and other exit charges were $14.428 million, compared with $28.103 million in fiscal 2024 and $16.439 million in fiscal 2023.
Operating earnings increased $113.2 million, or 32.2%, in fiscal 2025 compared with fiscal 2024. Basic EPS was $9.15, $6.62 and $4.31 in fiscal 2025, 2024 and 2023, respectively; diluted EPS was $8.99, $6.50 and $4.25.
The effective income tax rate was 10.5% in fiscal 2025, compared with 7.9% in fiscal 2024 and 16.5% in fiscal 2023. Interest expense was $51.2 million, or 1.4% of fiscal 2025 net sales, versus $49.9 million, also 1.4%, in fiscal 2024.
EnerSys Segment Sales and Operating Trends
EnerSys reports Energy Systems, Motive Power and Specialty as its principal operating segments. Their fiscal 2025 sales mix was concentrated in Energy Systems and Motive Power, while Specialty was the fastest-growing segment by reported year-over-year sales.
| Segment | FY2025 sales | Share of FY2025 sales | FY2025 change |
|---|---|---|---|
| Energy Systems | $1.5311B | 42.3% | -$58.9M, -3.7% |
| Motive Power | $1.4841B | 41.0% | +$27.9M, +1.9% |
| Specialty | $593.6M | 16.4% | +$58.0M, +10.8% |
| Other | $8.8M | 0.3% | From zero in FY2024 |
Source: EnerSys Form 10-K for the fiscal year ended March 31, 2025. Percentages are company-reported segment shares.
Energy Systems generated $1.5311 billion, or 42.3% of fiscal 2025 net sales, compared with $1.5900 billion, or 44.4%, in fiscal 2024. Its organic volume decreased 2%, while foreign-currency translation and pricing each reduced sales by 1%; its operating-earnings margin increased 120 basis points.
Motive Power generated $1.4841 billion, or 41.0% of fiscal 2025 net sales, compared with $1.4562 billion, or 40.6%, in fiscal 2024. Organic volume increased 2% and pricing increased 1%, partly offset by a 1% reduction from foreign-currency translation; its operating-earnings margin increased 100 basis points.
Specialty sales were $593.6 million, or 16.4% of fiscal 2025 net sales, compared with $535.6 million, or 15.0%, in fiscal 2024. The company attributed the increase to a 14% acquisition contribution offset by a 3% decrease in organic volume, while Specialty’s operating-earnings margin increased 30 basis points.
EnerSys Operating Drivers, Lead Exposure and Foreign Exchange
Lead procurement and currency movements are material operating considerations. At March 31, 2025, EnerSys had $63.8 million of lead under contract, covering 70.0 million pounds at an average $0.91 per pound; this covered approximately 8% of estimated fiscal-year lead requirements.
For comparison, lead under contract was $50.0 million for 53.0 million pounds at $0.94 per pound at March 31, 2024, and $47.9 million for 50.0 million pounds at $0.96 per pound at March 31, 2023. These are under-contract positions, not total annual consumption.
EnerSys estimated that a 10% increase in lead cost would increase fiscal 2025 cost of goods sold by approximately $69 million. This is a sensitivity estimate, not an observed cost change.
Approximately 40% of sales and related expenses were transacted in foreign currencies in the fiscal 2025 filing disclosure. EnerSys hedged approximately 10% to 15% of the nominal amount of known foreign-exchange transactional exposures, a policy range rather than realized hedge performance.
The company estimated that an unfavorable 10% exchange-rate movement would change hedge valuations adversely by $75.5 million at March 31, 2025, compared with $29.5 million at March 31, 2024. This is a sensitivity estimate, not a realized loss.
EnerSys Cash Flow, Investment and Balance-Sheet Data
Cash used in investing activities was $336.4 million in fiscal 2025, compared with $92.5 million in fiscal 2024 and $44.8 million in fiscal 2023. Fiscal 2025 included $206.4 million spent on the Bren-Tronics acquisition; fiscal 2024 included $8.3 million spent on IBCS.
Capital expenditures were $121.038 million in fiscal 2025, compared with $86.437 million in fiscal 2024 and $88.772 million in fiscal 2023.
| FY2025 capital expenditure allocation | Amount |
|---|---|
| Energy Systems | $39.167M |
| Motive Power | $22.758M |
| Specialty | $47.016M |
| Other | $12.097M |
Source: EnerSys Form 10-K for the fiscal year ended March 31, 2025. Amounts are cash-flow capital expenditures and segment allocations.
Depreciation expense was $69.071 million in fiscal 2025, $64.028 million in fiscal 2024 and $60.405 million in fiscal 2023. Interest capitalized with major capital expenditures was $4.544 million, $1.268 million and $0.857 million in those same fiscal years.
Short-term borrowings were $28.502 million at March 31, 2025, versus $30.444 million at March 31, 2024. The weighted-average interest rate on those borrowings was approximately 4.7% in fiscal 2025 and 6.7% in fiscal 2024; standby letters of credit totaled $5.584 million and $3.919 million at the respective year-ends.
EnerSys paid $40.410 million in income taxes in fiscal 2025, compared with $28.810 million in fiscal 2024 and $46.309 million in fiscal 2023. Basic weighted-average shares were 39,760,829 in fiscal 2025, 40,669,392 in fiscal 2024 and 40,809,235 in fiscal 2023; diluted weighted-average shares were 40,438,579, 41,371,439 and 41,326,755.
EnerSys Sustainability Statistics on Emissions, Energy and Water
EnerSys’ FY25 environmental figures use company-defined reporting boundaries and baselines. Scope 1 emissions fell 2% from FY24 and 25% from FY20, while Scope 2 emissions fell 5% from FY24, 2% from FY20 and 12% from FY22.
EnerSys completed its first fiscal-year-aligned Scope 3 greenhouse-gas inventory in FY25, but the cited disclosure does not provide a Scope 3 total. The Reading, Pennsylvania headquarters solar array covers 6.1 acres, contains 9,568 panels, is sized at 4 MW AC and 5 MW DC, and is expected to generate approximately 7.3 GWh annually.
Source: EnerSys Sustainability Report: Our Environment. Expected generation is an estimate, not measured output in the cited passage.
EnerSys reported a 19% improvement in energy intensity since FY21, with the denominator defined as kWh produced. Its forward-looking FY30 target is a 25% reduction in energy intensity per kWh produced compared with FY21.
Total water usage increased to 952 megaliters in FY25 across EnerSys’ global operations; the company said production volume and battery-chemistry mix influenced the increase. Water reused and/or recycled increased 17% from FY24 to FY25.
EnerSys’ net-zero roadmap targets Scope 1 net zero by 2040 and Scope 2 net zero by 2050. These are forward-looking targets, not achieved outcomes.
EnerSys Recycling, Workforce and Operational Footprint
EnerSys states that lead batteries are safely recycled at a 99% rate in an established coast-to-coast network. The claim applies to lead batteries in the stated United States network, not necessarily to EnerSys-branded units alone.
The same sustainability disclosure states that more than 160 million lead batteries are recycled annually in the United States. This is a broader lead-battery recycling-system estimate rather than an EnerSys-only product recovery count.
EnerSys states that lead, steel and plastic—the three main components of a lead battery—are recyclable, representing 100% of those components. Material recyclability does not mean every unit is recovered at 100%.
Source: EnerSys Sustainability Report: Our Environment.
EnerSys’ internal training platform provides access to more than 4,000 courses in multiple languages for employees globally. Course availability is not the same as completed training or the number of unique employees trained.
Source: EnerSys Sustainability Report: Our People & Community.
Fiscal 2025 restructuring actions reduced approximately 200 employees across EnerSys’ global operations. This is an approximate reduction tied to disclosed restructuring actions, not a measure of total workforce.
Source: EnerSys Form 10-K for the fiscal year ended March 31, 2025. Financial figures are GAAP unless explicitly identified as a sensitivity, target or sustainability metric.