EnerSys(ENS) - 2025 Q3 - Earnings Call Presentation

Q3'25 Financial Performance - Net sales reached $906 million, a 5% year-over-year increase[8] - Adjusted operating earnings were $155 million, up 19% year-over-year, with a margin of 171%[8] - Adjusted EBITDA was $171 million, a 19% year-over-year increase, with a margin of 189%[8] - Adjusted EPS was $312, up 22% year-over-year[8] - Adjusted gross profit margin increased by 230 basis points year-over-year to 330%, or 80 basis points excluding IRA benefits[9] Segment Performance - Energy Systems segment net sales increased by 4% year-over-year to $389 million, with adjusted operating earnings up 77%[37] - Motive Power segment net sales increased by 1% year-over-year to $359 million[39] - Specialty segment net sales increased by 17% year-over-year to $155 million, with adjusted operating earnings up 28%[41] Balance Sheet and Cash Flow - Cash and cash equivalents increased to $463 million[43] - Net debt was $852 million, resulting in a net leverage ratio of 15x[43] - Free cash flow was $57 million[8] Q4'25 and FY'25 Guidance - The company projects Q4'25 net sales between $960 million and $1 billion and adjusted EPS between $275 and $285[51] - Fiscal year 2025 net sales are projected between $3603 billion and $3643 billion, with adjusted EPS between $997 and $1007[51] - Capital expenditures for fiscal year 2025 are expected to be approximately $120 million[51]