---
schema_version: "secwatch.filing_event.v1"
accession: "0001289308-23-000024"
form_type: "8-K"
ticker: "ENS"
cik: "0001289308"
company_name: "EnerSys"
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T15:43:46.966582+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EnerSys reports record Q4 net sales of $990M, EPS $1.59, adjusted EPS $1.82

## Summary
- Q4 net sales $990M (+9% YoY); GAAP diluted EPS $1.59 vs $0.67; adjusted diluted EPS $1.82 vs $1.20.
- Gross margin 24.9% (+340bps) incl $17M IRA tax credit; record operating earnings $95M.
- Full-year fiscal 2023 record net sales $3.7B (+10%); operating cash flow $280M; free cash flow $191M.
- Backlog $1.3B, down 7% sequentially but 2x pre-COVID; net leverage reduced to 1.8x EBITDA.
- Board declares unchanged quarterly dividend $0.175/share, payable June 30 to holders of record June 16.

## SEC filing metadata
- accession: 0001289308-23-000024
- form_type: 8-K
- ticker: ENS
- cik: 0001289308
- company_name: EnerSys
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289308/000128930823000024/0001289308-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289308/000128930823000024/ens-20230524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289308-23-000024
- JSON: https://secwatch.observer/filing/0001289308-23-000024.json
- Plain text: https://secwatch.observer/filing/0001289308-23-000024.txt

## Key facts
- Earnings Releases
  EnerSys reported full year fiscal 2023 results: revenue $3.7B, EPS $4.25.
  - Period: full year fiscal 2023
  - Revenue: $3.7B
  - EPS: $4.25
  - Result: reported results
  source text: hief Human Resources Officer • Published 2022 Sustainability Update and achieved 4% reduction in our global greenhouse gas emissions vs 2021 Full Year Fiscal 2023 Highlights (All comparisons against 2022 unless otherwise noted) • Delivered record net sales of $3.7B, +10% • Generated record operating earnings of $278M, +35% and adjusted operating earnings of $322M, +22% • Hit record operating earnings, adjusted operating earnings, diluted EPS, and adjusted diluted EPS, before recording the $17M of IRC 45X tax credits, even after including FX and interest headwinds in excess of $1 per diluted share • Realized record diluted EPS of $4.25, +26% and adjusted diluted EPS of $5.34, +19% • Reported operating cash flow of $280M, +$346M and free cash flow (a) of $191M, +$331M • Returned $51M to shareholders through share repurchases and dividends READING, Pa.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289308/000128930823000024/0001289308-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.