EnerSys (NYSE:ENS) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.58b (down 3.4% from FY 2023).
• Net income: US$269.1m (up 53% from FY 2023).
• Profit margin: 7.5% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$6.62 (up from US$4.31 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

EnerSys EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.5%.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electrical industry in the US.

Performance of the American Electrical industry.

The company's shares are up 9.9% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on EnerSys' balance sheet health.

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