EnerSys (ENS) FY2023 results: revenue $3.7 billion, up 10.5% on the year
EnerSys (ENS) reported revenue of $3.7 billion for fiscal 2023, the year ended 31 March 2023, up 10.5% on the year before. Net income was $176 million, up 22.2%, and diluted earnings per share $4.25. The figures are the company's own, from the 10-K it filed with the SEC on 24 May 2023.
Revenue
$3.7 billion
+10.5% on the year
FY2016FY2023
Operating margin
7.5%
6.1% a year earlier
FY2016FY2023
Net income
$176 million
+22.2% on the year
FY2016FY2023
Diluted EPS
$4.25
+26.5% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
280
-65.6
358
Capital expenditure
88.8
74.0
70.0
+19.9%
Free cash flow
191
-140
288
Free cash flow margin
5.2%
-4.2%
9.7%
Cash from investing
-44.8
-69.2
-65.0
Cash from financing
-270
98.4
-189
Depreciation and amortisation
91.2
95.9
94.1
-4.9%
Share-based compensation
26.4
24.3
19.8
+8.6%
Buybacks
22.9
156
0.0
-85.4%
Dividends paid
28.5
29.4
29.8
-2.8%
Dividend per share
$0.70
$0.70
$0.70
0.0%
Diluted shares, weighted
41m
43m
43m
-3.4%
Shares outstanding at period end
41m
41m
43m
-0.2%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
1,600
1,489
1,540
+7.4%
Non-controlling interest
3.6
3.9
3.8
-7.7%
Debt
1,073
1,298
1,004
-17.4%
Operating lease liabilities
66.6
52.9
42.5
+25.8%
Finance lease liabilities
0.3
0.2
0.4
+10.0%
Other liabilities
873
892
872
-2.1%
Total liabilities and equity
3,617
3,737
3,463
-3.2%
Fixed assets
513
503
497
+2.0%
Goodwill
677
701
706
-3.4%
Intangible assets
360
396
431
-9.0%
Cash and equivalents
347
402
452
-13.9%
Receivables
638
719
604
-11.3%
Inventory
798
716
518
+11.5%
Other assets
284
299
256
-5.0%
Total assets
3,617
3,737
3,463
-3.2%
10-K for the year ended 31 March 2023, filed 24 May 2023: the filing.