Herbalife Ltd. (HLF)

Herbalife Ltd., together with its subsidiaries, provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers weight management products, including meal replacement, protein shakes, drink mixes, weight loss supplements, healthy snacks, and metabolism boosting teas; targeted nutrition products comprising functional beverages and dietary and nutritional supplements containing herbs, vitamins, minerals and other natural ingredients; energy, sports, and fitness products; and facial skin care, body care, and hair care products. The company also provides literature, promotional, and other materials, such as start-up kits, sales tools, and educational materials. It sells its products through sales representatives, independent service providers, and company-operated retail stores and platforms. The company was formerly known as Herbalife Nutrition Ltd. and changed its name to Herbalife Ltd. in April 2023. Herbalife Ltd. was founded in 1980 and is headquartered in Los Angeles, California.

Symbol
HLF
Exchange
NYSE
Sector
Consumer Defensive
Industry
Packaged Foods
Market cap
$1.26B
52 week range
7.56 - 20.4

Valuation

Share price
$11.99 (close of 2026-09-23)
P/E (TTM)
7.54x
Price to book
-2.69x
Price to free cash flow
3.90x
Enterprise value
$3.09B
Book value per share
$-4.46

Price performance

PeriodChange
1 day+0.59%
5 days+0.50%
1 month-5.22%
3 months-2.20%
6 months-18.60%
Year to date-6.98%
1 year+32.63%
3 years-17.25%
5 years-72.45%
10 years-60.83%
All time+225.82%

Profitability and growth

Return on equity
-44.82%
Return on invested capital
32.82%
Return on assets
8.19%
Return on capital employed
27.13%
Gross margin
77.87%
Net margin
4.53%
EBITDA margin
11.95%
Revenue growth
0.89%
Net income growth
-10.22%
Free cash flow growth
54.77%

Cash flow and balance sheet

Free cash flow yield (TTM)
25.65%
Current ratio
1.20x
Net debt to EBITDA
3.47x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$5.04B
Cost of revenue
$1.11B
Gross profit
$3.92B
EBITDA
$602.20M
Net income
$228.30M
Earnings per share
$2.22
Interest expense
$214.40M
Shares outstanding
102.80M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$5.04B$3.92B$228.30M$2.22
2024-12-31$4.99B$3.89B$254.30M$2.53
2023-12-31$5.06B$3.87B$142.20M$1.44
2022-12-31$5.20B$4.03B$321.30M$3.26
2021-12-31$5.80B$4.56B$447.20M$4.22
2020-12-31$5.54B$4.39B$372.60M$2.83
2019-12-31$4.88B$3.92B$311.00M$2.26
2018-12-31$4.89B$3.97B$296.60M$2.12
2017-12-31$4.43B$3.58B$213.90M$1.35
2016-12-31$4.49B$3.63B$260.00M$1.57

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3177.87%4.53%-44.82%32.82%
2024-12-3177.88%5.09%-31.74%30.80%
2023-12-3176.47%2.81%-13.41%26.07%
2022-12-3177.45%6.17%-25.38%38.48%
2021-12-3178.64%7.71%-32.14%61.15%
2020-12-3179.24%6.72%-43.52%64.55%
2019-12-3180.36%6.38%-79.74%54.69%
2018-12-3181.21%6.06%-41.00%96.99%
2017-12-3180.83%4.83%-63.91%54.96%
2016-12-3180.96%5.79%132.45%44.16%

Cash and debt by year

Period endCashDebt
2025-12-31$353.10M$1.97B
2024-12-31$415.30M$1.98B
2023-12-31$575.20M$2.25B
2022-12-31$508.00M$2.66B
2021-12-31$601.50M$2.73B
2020-12-31$1.05B$2.41B
2019-12-31$839.40M$1.78B
2018-12-31$1.20B$1.77B
2017-12-31$1.28B$2.17B
2016-12-31$844.00M$1.44B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$252.90M$44.10M
2024-12-31$163.40M$50.00M
2023-12-31$222.50M$48.00M
2022-12-31$196.10M$44.40M
2021-12-31$308.90M$54.10M
2020-12-31$516.60M$51.00M
2019-12-31$351.40M$38.60M
2018-12-31$564.40M$35.50M
2017-12-31$495.30M$42.10M
2016-12-31$223.90M$40.20M

Dividend history

Most recent payment
2014-02-28
Payment dateDividend per share
2014-02-28$0.15
2013-11-07$0.15
2013-08-09$0.15
2013-05-10$0.15
2013-03-01$0.15
2012-11-09$0.15
2012-08-10$0.15
2012-05-11$0.15

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$0.73

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$0.63
2026-05-06--
2026-02-18--
2025-11-05--
2025-08-06--
2025-04-30--
2025-02-19--
2024-10-30--

Filings and sources

Company website
herbalife.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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