The forklift battery market is projected to grow from $27.08 billion in 2025 to $38.5 billion by 2030 at a CAGR of 7.5%, driven by e-commerce warehouse expansion, lithium-ion adoption, fleet electrification, and sustainability initiatives. Key growth factors include advanced battery technologies, rapid charging solutions, and domestic production shifts amid global trade changes. North America leads the market while Asia-Pacific shows rapid growth potential.
EnerSys, Inc. (ENS)
Common Stock · Currency in USD · XNYS
EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions to customers. Energy Systems that combine enclosures, power conversion, power distribution, and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.
Company Info
SIC3690
Composite FIGIBBG000PWTD92
CIK0001289308
IPOJul 30, 2004
Sectormiscellaneous electrical machinery, equipment & supplies
Highlights
Market Cap$6.54B
EPS$9.80
P/E Ratio18.08
Revenue$3.74B
Gross Profit$1.09B
Net Income$361.49M
Employees10,858
WSO36,851,374
Phone(610) 208-1600
Websitehttps://www.enersys.com
Related Tickers
XYL
Xylem Inc
$121.26 0.00%
ESI
Element Solutions Inc.
$34.70 0.00%
TEL
TE Connectivity plc
$209.07 0.00%
DOV
Dover Corporation
$205.38 0.00%
AEIS
Advanced Energy Industries Inc
$332.31 0.00%
ST
Sensata Technologies Holding plc
$34.61 0.00%
LFUS
Littelfuse Inc
$346.54 0.00%
PH
Parker-Hannifin Corporation
$908.06 0.00%
WTS
Watts Water Technologies, Inc. Class A
$288.92 0.00%
TEX
Terex Corporation
$59.67 0.00%
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in EnerSys, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
EnerSys, Inc. (ENS) has returned 20.85% so far this year and 124.81% over the past 12 months. Looking at the last ten years, ENS has achieved an annualized return of 12.27%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
ENS
1M7.26%
6M53.09%
YTD20.85%
1Y124.81%
5Y13.48%
10Y12.27%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of EnerSys, Inc. (ENS) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 22.79% | -7.62% | 6.58% | 0.27% | ||||||||
| 2025 | 4.38% | 7.35% | -9.99% | -5.14% | -3.32% | 3.18% | 8.40% | 13.21% | 11.69% | 12.63% | 13.44% | 3.40% |
| 2024 | -4.43% | -4.86% | 2.85% | -4.37% | 18.69% | -4.56% | 5.94% | -7.61% | 2.33% | -4.54% | -0.66% | -4.85% |
| 2023 | 11.08% | 8.16% | -4.03% | -3.93% | 17.25% | 11.11% | -0.17% | -2.16% | -10.37% | -9.54% | 3.24% | 13.83% |
| 2022 | -6.03% | -2.95% | 3.00% | -12.98% | 3.96% | -13.26% | 12.47% | -4.27% | -6.24% | 12.32% | 12.32% | -3.03% |
| 2021 | -2.25% | 8.30% | -1.85% | -0.39% | 1.57% | 2.45% | -0.18% | -14.63% | -12.31% | 7.13% | -7.87% | 3.79% |
| 2020 | -5.10% | -14.97% | -20.13% | 25.14% | 11.70% | 1.55% | 3.83% | 5.28% | -6.44% | 5.34% | 12.59% | -0.17% |
| 2019 | 12.15% | -13.44% | -12.75% | 4.91% | -19.16% | 22.15% | -2.35% | -17.70% | 18.81% | 0.95% | 4.33% | 6.23% |
| 2018 | 0.66% | -0.68% | -0.09% | -0.98% | 17.15% | -7.91% | 11.12% | 1.12% | 4.99% | -9.20% | 8.95% | -12.57% |
| 2017 | -1.53% | -2.54% | 1.08% | 5.23% | -11.03% | -2.20% | -1.14% | -11.73% | 7.47% | 0.19% | -0.49% | 0.91% |
| 2016 | 5.69% | 2.73% | -1.39% | 4.81% | 13.19% | -1.52% | -5.43% | 21.79% | -2.29% |
Performance Indicators
The charts below present risk-adjusted performance metrics for EnerSys, Inc. (ENS) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of ENS compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current EnerSys, Inc. volatility is 2.54%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 3.97B | 3.47B | 3.62B | 3.74B | 3.46B | 3.30B | 3.12B | 2.49B | 2.29B | 2.21B | 2.16B | 2.32B | 1.99B | 1.92B | 1.83B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - | - | - | - | - | - | - | 1.33M | 9.61M | - | - | - |
| Temporary Equity (USD) | - | - | - | - | - | - | - | - | - | 6.00M | 6.96M | 8.05M | - | - | - |
| Equity Attributable To Parent (USD) | 1.92B | 1.75B | 1.60B | 1.49B | 1.54B | 1.30B | 1.28B | 1.20B | 1.10B | 1.01B | 1.04B | 1.25B | 1.17B | 1.03B | 974.33M |
| Equity Attributable To Noncontrolling Interest (USD) | 3.41M | 3.43M | 3.60M | 3.90M | 3.82M | 3.54M | 3.73M | 5.44M | 4.91M | 5.30M | 5.54M | 5.89M | 5.88M | 12.73M | 4.66M |
| Equity (USD) | 1.92B | 1.76B | 1.60B | 1.49B | 1.54B | 1.30B | 1.29B | 1.20B | 1.11B | 1.02B | 1.04B | 1.25B | 1.18B | 1.04B | 978.99M |
| Commitments and Contingencies (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | 182.62M | 178.66M | 174.93M | - |
| Long-term Debt (USD) | - | - | - | - | - | - | - | - | - | - | - | 287.89M | 155.27M | 239.13M | - |
| Noncurrent Liabilities (USD) | 1.28B | 985.08M | 1.29B | 1.51B | 1.24B | 1.40B | 1.22B | 794.28M | 717.23M | 738.89M | 676.95M | 470.51M | 333.93M | 414.06M | 385.82M |
| Other Current Liabilities (USD) | 278.42M | 269.67M | 258.85M | 263.98M | 260.81M | 256.32M | 266.20M | 182.50M | 188.64M | 174.26M | 167.47M | 259.40M | 165.72M | 154.71M | 211.76M |
| Wages (USD) | 90.96M | 84.73M | 80.83M | 81.06M | 92.31M | 62.13M | 54.29M | 50.05M | 56.30M | 48.47M | 47.32M | 62.52M | 52.48M | 55.60M | - |
| Accounts Payable (USD) | 405.69M | 369.46M | 378.64M | 393.10M | 323.88M | 281.87M | 292.45M | 258.98M | 222.49M | 228.44M | 218.57M | 259.48M | 249.36M | 250.00M | 251.81M |
| Current Liabilities (USD) | 775.07M | 723.86M | 718.32M | 738.13M | 676.99M | 600.32M | 612.93M | 491.53M | 467.43M | 451.17M | 433.37M | 581.40M | 467.56M | 460.30M | 463.57M |
| Liabilities (USD) | 2.05B | 1.71B | 2.01B | 2.24B | 1.92B | 2.00B | 1.83B | 1.29B | 1.18B | 1.19B | 1.11B | 1.05B | 801.49M | 874.36M | 849.39M |
| Other Non-current Assets (USD) | 1.51B | 1.36B | 1.36B | 1.35B | 1.34B | 1.28B | 709.79M | 409.94M | 371.61M | 401.18M | 414.62M | 478.52M | 381.08M | 387.31M | 387.24M |
| Intangible Assets (USD) | 375.43M | 319.41M | 360.41M | 396.20M | 430.90M | 455.69M | 462.32M | 147.14M | 153.96M | 159.66M | 158.16M | 172.47M | 103.70M | 107.08M | 98.82M |
| Fixed Assets (USD) | - | - | - | - | - | - | 409.44M | 390.26M | 348.55M | 357.41M | 356.85M | 370.17M | 350.13M | 353.22M | 344.39M |
| Noncurrent Assets (USD) | 1.88B | 1.68B | 1.72B | 1.74B | 1.77B | 1.74B | 1.58B | 947.34M | 874.11M | 918.25M | 929.63M | 1.02B | 834.91M | 847.61M | 830.44M |
| Other Current Assets (USD) | 1.35B | 1.08B | 1.10B | 1.28B | 1.17B | 1.04B | 1.03B | 1.13B | 1.06B | 965.16M | 896.41M | 938.85M | 799.02M | 709.90M | 662.95M |
| Inventory (USD) | 739.99M | 697.70M | 797.80M | 715.71M | 518.25M | 519.46M | 503.87M | 414.23M | 360.69M | 331.08M | 337.01M | 361.85M | 353.94M | 361.77M | 335.00M |
| Current Assets (USD) | 2.09B | 1.78B | 1.90B | 1.99B | 1.69B | 1.56B | 1.54B | 1.54B | 1.42B | 1.30B | 1.23B | 1.30B | 1.15B | 1.07B | 997.95M |
| Assets (USD) | 3.97B | 3.47B | 3.62B | 3.74B | 3.46B | 3.30B | 3.12B | 2.49B | 2.29B | 2.21B | 2.16B | 2.32B | 1.99B | 1.92B | 1.83B |
News and Insights
The global AGM battery market is projected to grow from USD 13.23 billion in 2025 to USD 22.38 billion by 2035 at a CAGR of 5.42%. Growth is driven by automotive electrification, renewable energy expansion, and increasing demand for reliable backup power in data centers and telecom infrastructure. However, raw material shortages, environmental regulations, and lithium-ion competition pose challenges to market expansion.
The global battery market is projected to reach $329.84 billion by 2030, with a 16.4% CAGR. Three battery-related stocks offer potential long-term investment opportunities across aerospace, industrial, and emerging transportation technologies.
EnerSys reported strong Q4 FY2025 results, with revenue up 7% and adjusted diluted EPS reaching a record $1.86. The company highlighted notable margin expansion, resilient order trends despite tariff headwinds, and a disciplined capital allocation strategy.
The global battery market is projected to grow at a CAGR of 2.7% from 2023 to 2028, reaching a size of $8.9 billion by 2028. The market is segmented by battery type and industry, with lead-acid batteries and the telecom industry expected to remain the largest segments. Asia-Pacific is the largest and fastest-growing region, driven by the booming telecom and EV industries.
The global industrial battery chargers market is expected to grow significantly, driven by increasing demand across various industries, particularly in Asia-Pacific and Europe. The market is projected to reach USD 6,184.4 Million by 2035, with high-frequency chargers emerging as the fastest-growing segment.
Defense Battery Market is Forecasted to Reach US$ 2.8 Billion in 2028, Says Stratview Researchneutral
The global Defense Battery Market is projected to grow at a CAGR of 3.8% from 2023 to 2028, reaching a size of $2.8 billion by 2028. The growth is driven by the rising demand for night vision systems, military modernization, and the increasing adoption of lithium-ion batteries in defense applications.
The global off-grid energy storage systems market is expected to grow from $12.45 billion in 2023 to $57.1 billion by 2033, driven by increasing demand for renewable energy and rising grid-based electricity costs. Lithium-ion batteries and the residential segment are expected to dominate the market.
DAKT, ENS and EAT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 1, 2024.
DAKT, ENS and M made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 1, 2024.