secwatch.observer — SEC 8-K summary
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Issuer:     EnerSys (ENS)
CIK:        0001289308
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001289308-23-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289308/000128930823000024/0001289308-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289308/000128930823000024/ens-20230524.htm
  HTML page:      https://secwatch.observer/filing/0001289308-23-000024

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