EnerSys (ENS) FY2024 results: revenue $3.6 billion, down 3.4% on the year
EnerSys (ENS) reported revenue of $3.6 billion for fiscal 2024, the year ended 31 March 2024, down 3.4% on the year before. Net income was $269 million, up 53.1%, and diluted earnings per share $6.50. The figures are the company's own, from the 10-K it filed with the SEC on 22 May 2024.
Revenue
$3.6 billion
-3.4% on the year
FY2017FY2024
Operating margin
9.8%
7.5% a year earlier
FY2017FY2024
Net income
$269 million
+53.1% on the year
FY2017FY2024
Diluted EPS
$6.50
+52.9% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
457
280
-65.6
+63.3%
Capital expenditure
86.4
88.8
74.0
-2.6%
Free cash flow
371
191
-140
+93.9%
Free cash flow margin
10.3%
5.2%
-4.2%
Cash from investing
-92.5
-44.8
-69.2
Cash from financing
-371
-270
98.4
Depreciation and amortisation
92.0
91.2
95.9
+1.0%
Share-based compensation
30.6
26.4
24.3
+16.1%
Buybacks
95.7
22.9
156
+317.7%
Dividends paid
34.5
28.5
29.4
+20.8%
Dividend per share
$0.85
$0.70
$0.70
+21.4%
Diluted shares, weighted
41m
41m
43m
+0.1%
Shares outstanding at period end
40m
41m
41m
-1.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,754
1,600
1,489
+9.6%
Non-controlling interest
3.4
3.6
3.9
-4.9%
Debt
832
1,073
1,298
-22.4%
Operating lease liabilities
61.7
66.6
52.9
-7.3%
Finance lease liabilities
0.6
0.3
0.2
+154.7%
Other liabilities
814
873
892
-6.8%
Total liabilities and equity
3,466
3,617
3,737
-4.2%
Fixed assets
532
513
503
+3.7%
Goodwill
683
677
701
+0.9%
Intangible assets
319
360
396
-11.4%
Cash and equivalents
333
347
402
-3.8%
Receivables
525
638
719
-17.7%
Inventory
698
798
716
-12.5%
Other assets
375
284
299
+32.2%
Total assets
3,466
3,617
3,737
-4.2%
10-K for the year ended 31 March 2024, filed 22 May 2024: the filing.