Enersys · NYSE:ENS
Enersys — Investor Presentation (June 2025)
51 slides from Enersys's investor presentation, June 2025
Slide 1: Investor Presentation June 2025
Investor Presentation JUNE 2025 June 2025 © 2025 EnerSys. All Rights Reserved.
Slide 2: Forward Looking Statements
Forward Looking Statements As a reminder, we will be presenting certain forward-looking statements in this presentation that are based on Management’s current expectations and views regarding future events and operating performance and are subject to uncertainties and changes in circumstances. Our a
Slide 3: EnerSys at a Glance
EnerSys at a Glance F Y 2 0 2 5 K E Y S TAT I S T I C S 1 $3.6B $528M $589M $10.15 10K+ Market Cap2 Adj. Operating Earnings3 Adj. EBITDA3 Adj. Diluted EPS3 Customers G L O B AL FAC I L I T Y B AS E 4 F Y 2 0 2 5 N E T S AL E S $3.6B Business Geography Segments5 7% 17% 21% 42% 72% 41% Energy Systems
Slide 4: Well-Positioned for Long-Term Profitable Growth
Well-Positioned for Long-Term Profitable Growth Provider of highly differentiated energy solutions with 1 full suite of technologies for diverse end markets Strategically aligned with megatrends in 2 large and growing markets Resilient business model positioned for strong cash 3 flow generation, pro
Slide 5: Energized Leadership Team Focused on Execution and Accountability
Energized Leadership Team Focused on Execution and Accountability HIGHLIGHTS Shawn O’Connell Keith Fisher Andi Funk Jamie Gebbia President and CEO President, EVP and CFO VP Corporate and ✓ Cultivating a high- Joined: 2011 Energy Systems, Global 2018 Business Development performance culture CEO: 2025
Slide 6: Experienced Board of Directors
Experienced Board of Directors S K I L L S M AT R I X Paul Tufano Caroline Chan Steven Fludder Non-Executive Chair of the VP and General Manager Former CEO, Executive Leadership 100% Board of Directors, EnerSys Network Business Incubator LS Energy Solutions LLC 2015 Division, Intel 2020 Internationa
Slide 7: Empowering Our Team to Innovate and Deliver Differentiated Solutions
Empowering Our Team to Innovate and Deliver Differentiated Solutions MISSION VISION Providing people everywhere with Serving the global community accessible power to help them with mission-critical work and live better stored energy solutions VAL U E S - D R I V E N C U LT U R E Safety & Our Continu
Slide 8: Executing Our Strategic Vision | Significantly Transformed Portfolio
Executing Our Strategic Vision | Significantly Transformed Portfolio • Improved new product TO D AY • Established vision- • Integrated Alpha and development time driven culture NorthStar acquisitions • Expanded product lines • Built teams to execute • Deepened capabilities and end markets Integrated
Slide 9: Product Portfolio Evolution
Product Portfolio Evolution | Transformed to End-to-End Energy Solutions Provider N ET SA LES MIX B EN EF IT S O F ($B) M A IN T EN A NC E -FR EE $3.6 SOLU TION S $3.1 ✓ Higher performance 44% $2.4 ✓ Higher energy density 56% 73% ✓ Higher reliability 56% 44% ✓ Less labor-intensive 27% FY'17 FY'20 FY
Slide 10: Foundational Core Modular Platforms
Foundational Core Modular Platforms D I F F E R E N T I AT E D P L AT F O R M S W I T H E N H A N C E D V E R T I C A L C A PA B I L I T I E S A N D TA I L O R E D S O L U T I O N S POWER ELECTRONICS • High-efficiency power conversion E N E R G Y S T O R AG E • High voltage energy transfer with powe
Slide 11: Business Segments
Business Segments PREMIUM ENERGY SOLUTIONS AND ELITE SERVICES POWERING 8 DIVERSE END MARKETS ENERGY SYSTEMS MOTIVE POWER Power conversion, power distribution, Industrial batteries, chargers and and energy storage solutions ms Mo management solutions for electric- te tiv • Communications ys e powered
Slide 12: Addressing Global Megatrends in Attractive and Diverse End Markets
Addressing Global Megatrends in Attractive and Diverse End Markets Energy • Modernizing energy grids, storage, and distribution Transition • Shifting market to EVs ~$30B+ Serviceable Energy • Increasing resiliency of electrical infrastructure and grid Addressable Market1 Security • Growing need for
Slide 13: Leveraging Our Sustainable Competitive Advantages
Leveraging Our Sustainable Competitive Advantages Deep Customer Domain Modular Resilient Operational Relationships Expertise Technology Business Model Excellence Customer-centric Product and company Only fully integrated Large, diverse end- Continuous improvement end-to-end solutions differentiation
Slide 14: New CEO Strategic Priorities
New CEO Strategic Priorities BUILD UPON ENERSYS’ STRENGTHS F O C U S AR E AS • Deep customer relationships • Near-term: Execution and managing through evolving macro challenges • Leading positions in diverse end markets • Finalizing strategy roadmap, with updates to • Solutions that help customers a
Slide 15: Operational & Strategic Execution
Operational & Strategic Execution S E T T I N G T H E F O U N D AT I O N F O R W H AT ’ S N E X T Increasing Higher Value Solutions • SynovaTM Sync charger - delivers high efficiency, IoT compatibility for remote monitoring, and over-the-air firmware updates. • BESS for warehouse and distribution ce
Slide 16: Tariff Landscape & Mitigation
Tariff Landscape & Mitigation TAR I F F E X P O S U R E M I T I G AT I O N & AC T I O N S • Dedicated Tariff Task Force in place O R I G I N O F U S S U P P LY S O U R C E S • Actioning supply chain and pricing • ~$92M current direct tariff exposure mitigations 19% • Proactively assessing and mitiga
Slide 17: Recession Playbook
Recession Playbook I M PA C T & A C T I O N S T O M I T I G AT E S L O W D O W N LoB Resilience Key Takeaways: All • ENS has unique pockets of exposure and opportunities 1. Slowdown not fully evident yet but being proactive against early indicators • Comms more elastic w/ interest rates than GDP; cu
Slide 18: Our Sustainability Goals & Commitments
Our Sustainability Goals & Commitments GOALS & PROGRESS GHG EMISSIONS GOALS ENERGY WATER WASTE EMPLOYER OF SCOPE SCOPE 1: 1: CO2 neutral by CO2 Reduce energy Reduce water intensity We are working to CHOICE 2040 CO2 neutral by 2040 intensity per kWh of per kWh of storage establish a measurable Become
Slide 19: Energy Efficiency & Optimization of Products & Services
Energy Efficiency & Optimization of Products & Services • Driving profitability and growth, with focus on advancements in energy systems, electrification, and customer emissions reduction objectives • Improving products and services for customers’ operational efficiency needs • Leveraging online cus
Slide 20: Energy Systems at a Glance
Energy Systems at a Glance FY 2025 KEY STATISTICS1 Net Adj. Operating Global Customers Market Share Sales Earnings2 Installed Base $1.5B $103M 1M+ Multi-National North America - leading market position Systems in Operation Blue Chip Global - high growth opportunities Serving Diverse and Critical End
Slide 21: Well-Positioned to Grow in Attractive Addressable Markets
Well-Positioned to Grow in Attractive Addressable Markets DRIVERS $400B+ M AR K E T D Y N AM I C S Total Global Network Resilient Power Everywhere Infrastructure Market • Network expansion and capex funded build programs • Ongoing operational ~$20B+ maintenance of networks and facilities Serviceable
Slide 22: Motive Power at a Glance
Motive Power at a Glance FY 2025 KEY STATISTICS1 Installed Base Net Adj. Operating Global Global Charge Countries Sales Earnings2 Market Share Points $1.5B $233M ~500K 121 ~22% Solutions Utilized by Electric Forklifts, Mining, and Other Commercial Electric-Powered Vehicles B R AN D S / P R O D U C T
Slide 23: Well-Positioned to Grow at or Above Market
Well-Positioned to Grow at or Above Market DRIVERS F U T U R E S TAT E Fully-Automated Warehouse Electrification • Decarbonization ~$6.8B • Environmental health and safety Serviceable • Lower cost of operation vs. ICE • Lithium technology enablement Addressable Market1 Automation • Operational effic
Slide 24: Specialty at a Glance
Specialty at a Glance FY 2025 KEY STATISTICS1 Net Adj. Operating Transportation Customers Market Share3 Sales Earnings2 Installed Base3 Served $594M $37M 1.8M 700+ 30% Trucks U.S. OEM Truck Market T R A N S P O R TAT I O N A E R O S PA C E A N D D E F E N S E Key Innovations Revenue by Key Innovatio
Slide 25: Positioned to Further Capture Share in Large and Attractive Markets
Positioned to Further Capture Share in Large and Attractive Markets DRIVERS M AR K E T D Y N AM I C S High-Density Resilient Power • Increasing fleet electronic loads – Vehicle tracking systems ~$3.1B • Currently 9% of SAM • 31% OEM – Audio / infotainment / GPS – Stop - start Serviceable • 30% OES –
Slide 26: Bren-Tronics Acquisition Closed July 26, 2024
Bren-Tronics Acquisition Closed July 26, 2024 E X PA N D S P R E S E N C E I N C R I T I C A L D E F E N S E A P P L I C AT I O N S HIGHLIGHTS • Legacy of innovation since 1973 and strong relationship with DOD • Highly complementary portfolio of products for military and defense • Strong engineering
Slide 27: Powering the Future through Energy Management Capabilities
Powering the Future through Energy Management Capabilities S M AR T E N E R G Y L O AD & E N E R G Y E C O S Y S T E M System Input System Output Grocery Stores Commercial Solar Fast Charge & Storage 600kW Lithium-Ion Batteries EV-Pedestal 150kW Commercial Buildings and Multi-Family Units Grid Peak
Slide 28: Accelerating Innovation with Energy Storage and Fast Charge
Accelerating Innovation with Energy Storage and Fast Charge E N D - TO - E N D S O L U T I O N KEY BENEFITS • Storage technologies boost energy load capabilities and increase cost savings • Smart energy and load management ecosystem for reliable fast charging solutions • Modularity allows growth wit
Slide 29: Disciplined Capital Allocation Strategy
Disciplined Capital Allocation Strategy FY’21 – FY’24 FY’25 Priorities ($M, cumulative) ($M) Future Priorities • Continue TPPL capacity investments & end-to-end solutions Invest in Organic Growth ~$320 $121 • Drive additional operational efficiencies (CapEx) • Accelerate domestic-sourced lithium str
Slide 30: Compelling Investment Thesis
Compelling Investment Thesis 1 2 3 Strategically positioned in Transformed company expanding markets driven Invigorated leadership delivering innovative by global megatrends team executing a clear solutions and defining the strategy for accelerated future of energy transition earnings growth Playing
Slide 31: Appendix
Appendix June 2025 © 2025 EnerSys. All Rights Reserved. 31
Slide 32: Inflation Reduction Act (IRA) Enables…
Inflation Reduction Act (IRA) Enables… B AC K G R O U N D ENERSYS COMMITMENT AN N U AL B E N E F I T S 1 $369B in New Tax Credits Accelerating Lithium Strategy Recorded as reduction to COGS • Law in effect 1/1/23 - 12/31/32 with • Invest in U.S. domestic energy growth ‒ Securing domestic lithium cel
Slide 33: Financial Update
Financial Update June 2025 © 2025 EnerSys. All Rights Reserved.
Slide 34: Q4'25 & FY'25 Performance
Q4’25 & FY’25 Performance R E C O R D Q 4 ’ 2 5 & F Y ’ 2 5 A D J E P S 1,2,3 E X 4 5 X Net Adj Op Adj Adj Free Cash Sales Earnings1,2 EBITDA1,2 EPS1,2 Flow1 $975M $152M $167M $2.97 $105M Q4’25 +7% Y/Y +40% Y/Y +34% Y/Y +43% Y/Y ($4M) Y/Y +48% Y/Y ex 45X +39% Y/Y ex 45X +56% Y/Y ex 45X $3.6B $528M $
Slide 35: Q4'25 and FY'25 Results
Q4’25 and FY’25 Results ($M, except EPS) N E T S AL E S AD J O P E R AT I N G E AR N I N G S 1 & M AR G I N $3,582 $3,618 $528 $450 $911 $975 $152 Y/Y Change Y/Y Change 14.6% +4% volume Flat volume $109 12.6% 15.6% +1% price Flat price 12.0% +4% acquisition +2% acquisition (2%) FX (1%) FX Q4'24 Q4'2
Slide 36: Balance Sheet, Cash Flow and Leverage
Balance Sheet, Cash Flow and Leverage S E L E C T E D B AL AN C E S H E E T M E T R I C S 1 S E L E C T E D C AS H F L O W M E T R I C S 2 ($M) Q4’24 Q4’25 ($M) Q4’24 Q4’25 FY’24 FY’25 Cash and Cash Equivalents $333 $343 Cash Flow from Operations $137 $135 $457 $260 Net Debt3 $511 $781 CapEx ($27) (
Slide 37: Looking Ahead: Q1'26 Guidance
Looking Ahead: Q1’26 Guidance PA U S I N G Q U A N T I F I E D F U L L Y E A R G U I D A N C E AS S U M P T I O N S Q1’26 • ES: strong Data Center market and continued cautious Q 1 ’ 2 6 G U I D AN C E 1 Communications market recovery • MP: seasonality exacerbated by tariff disruptions, continued Ne
Slide 38: Non-GAAP Reconciliations
Non-GAAP Reconciliations June 2025 © 2025 EnerSys. All Rights Reserved.
Slide 39: Non-GAAP Reconciliation
Non-GAAP Reconciliation Q U A R T E R LY A D J U S T E D O P E R AT I N G E A R N I N G S June 2025 © 2025 EnerSys. All Rights Reserved. 39
Slide 40: Non-GAAP Reconciliation
Non-GAAP Reconciliation F U L L Y E A R A D J U S T E D O P E R AT I N G E A R N I N G S June 2025 © 2025 EnerSys. All Rights Reserved. 40
Slide 41: Non-GAAP Reconciliation
Non-GAAP Reconciliation ADJUSTED EBITDA June 2025 © 2025 EnerSys. All Rights Reserved. 41
Slide 42: Non-GAAP Reconciliation
Non-GAAP Reconciliation Q U A R T E R LY A D J U S T E D D I L U T E D E P S June 2025 © 2025 EnerSys. All Rights Reserved. 42
Slide 43: Non-GAAP Reconciliation
Non-GAAP Reconciliation Q U A R T E R LY A D J U S T E D D I L U T E D E P S C O N T I N U E D The following table provides the line of business allocation of the non-GAAP adjustments of items relating to operating earnings (that are allocated to lines of business) shown in the reconciliation prior:
Slide 44: Non-GAAP Reconciliation
Non-GAAP Reconciliation FULL YEAR ADJUSTED DILUTED EPS June 2025 © 2025 EnerSys. All Rights Reserved. 44
Slide 45: Non-GAAP Reconciliation
Non-GAAP Reconciliation FULL YEAR ADJUSTED DILUTED EPS CONTINUED The following table provides the line of business allocation of the non-GAAP adjustments of items relating to operating earnings (that are allocated to lines of business) shown in the reconciliation prior: June 2025 © 2025 EnerSys. All
Slide 46: Non-GAAP Reconciliation
Non-GAAP Reconciliation L E V E R A G E R AT I O B Y Y E A R (1) The $85.8 million adjustment to EBITDA in the last twelve months ending March 31, 2024 primarily related to $30.6 million of non-cash stock compensation, $40.7 million of restructuring and other exit charges, impairment of indefinite-l
Slide 47: Non-GAAP Reconciliation
Non-GAAP Reconciliation L E V E R A G E R AT I O B Y Q U A R T E R 1. The $56.2 million adjustment to EBITDA in the last twelve months ending March 31, 2025 primarily related to $27.8 million of non-cash stock compensation, $22.0 million of restructuring and other exit charges, impairment of indefin
Slide 48: Non-GAAP Reconciliation
Non-GAAP Reconciliation FREE CASH FLOW June 2025 © 2025 EnerSys. All Rights Reserved. 48
Slide 49: Non-GAAP Reconciliation
Non-GAAP Reconciliation ADJUSTED GROSS PROFIT AND GROSS MARGIN June 2025 © 2025 EnerSys. All Rights Reserved. 49
Slide 50: Key Performance Indicator
Key Performance Indicator P R I M A R Y O P E R AT I N G C A P I TA L As part of managing the performance of our business, we monitor the level of primary operating capital, and its ratio to net sales. We define primary operating capital as accounts receivable, plus inventories, minus accounts payab
Slide 51: Thank you.
Thank For more you. information visit us at www.enersys.com Thank you. For more information visit us at www.enersys.com