Saturday 17 October 2026 Export HLF’s income statement to Excel — free account

Herbalife Ltd

Herbalife Ltd’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, up 0.89% from fiscal 2024. In the quarter to June 2026, revenue grew 5.38%, EPS fell 152.1%, free cash flow fell 70.5% and total debt fell 5.87%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

14.60 0.03 +0.21%

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Market cap: $1.5B
P/E: 9.1×
Fwd P/E: 5.5×
Dividend yield: —
F-score: 5/9
Altman Z: 2.38
Beneish M: −2.31
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.18

Total sells 2.55

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	—	—	—	—	—	—	1	—	—	—	—
Sell	—	—	—	—	—	—	2	—	—	—	—	—

Insider Ownership 2.56%

Capital & Financial Ratios $m

Market Cap 1,530.00

Revenue 5,200.70

Net Income 162.90

Free Cash Flow 322.30

Net Debt 1,645.20

Current Ratio 1.20

Debt/Equity (4.32)

P/E ratio 9.13

Fwd P/E 5.50

P/S ratio 0.29

P/B ratio 0.00

Past 5Y EPS Growth (4.50%)

This Y EPS Growth 15.10%

Next Y EPS Growth 24.97%

Next Y revenue growth 4.40%

Next 5Y EPS Growth 18.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 40.95%

10-year low 10-year high

P/S against its own 10 years 28.60%

10-year low 10-year high

EV/Sales against its own 10 years 19.94%

10-year low 10-year high

EV/FCF against its own 10 years 6.89%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	575	415	353	371
Receivables	81	69	92	116
Inventory	505	475	512	508
Other	—	—	—	—
	1,399	1,144	1,145	1,169

	2023	2024	2025	Q'26
Payables	84	70	100	101
ST’ Debt	310	284	21	12
Other	884	517	490	482
	1,278	1,230	1,013	974

Compound Annual Growth %

	10y	5y	3y
Sales	1.20%	(1.89%)	(1.08%)
Cash Flow	(6.15%)	(11.92%)	(1.85%)
Earnings	(3.88%)	(9.33%)	(10.77%)
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,317	1,327	—	—	—
’25	1,222	1,259	1,274	1,283	5,038
’24	1,264	1,281	1,240	1,207	4,993
’23	1,252	1,314	1,281	1,215	5,062
’22	1,336	1,393	1,295	1,181	5,204
’21	1,502	1,552	1,431	1,318	5,803
’20	1,262	1,347	1,522	1,411	5,542

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	114	33	—	—	—
’25	0	96	139	98	333
’24	14	103	100	70	285
’23	46	136	80	96	358
’22	131	99	70	54	353
’21	110	177	88	85	460
’20	142	243	131	113	629

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	103	22	—	—	—
’25	(18)	73	118	80	253
’24	(19)	66	72	44	163
’23	16	97	49	61	223
’22	89	64	32	11	196
’21	77	142	52	39	309
’20	117	218	105	76	517

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.57	(0.25)	—	—	—
’25	0.49	0.48	0.42	0.81	2.20
’24	0.24	0.05	0.46	1.74	2.50
’23	0.29	0.60	0.43	0.10	1.42
’22	0.96	0.88	0.83	0.55	3.23
’21	1.33	1.31	1.09	0.37	4.13
’20	0.32	0.82	1.04	0.59	2.77

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	21.13	24.10	33.76	33.62	20.73	36.52	12.04	11.14	6.21	5.04	Analyst estimates 2026–2028 Powerpack
	High	36.11	39.82	60.41	61.77	52.89	59.00	45.80	21.33	15.43	15.17
People
People	Employees	8,300	8,300	8,900	9,500	9,900	10,800	10,100	9,200	8,600	8,500
	Revenue/emp, $m	0.54	0.53	0.55	0.51	0.56	0.54	0.52	0.55	0.58	0.59
Income, $m
Income, $m	Revenue	4,488	4,428	4,892	4,877	5,542	5,803	5,204	5,062	4,993	5,038
	Gross margin, %	80.96	80.83	81.21	80.36	79.24	78.64	77.45	76.47	77.88	77.87
	EBT	365	471	464	451	516	561	425	203	169	275
	EBT margin, %	8.13	10.64	9.49	9.26	9.32	9.66	8.16	4.01	3.39	5.46
	Net income	260	214	297	311	373	447	321	142	254	228
	Depreciation	98	100	100	98	100	108	115	113	121	121
Per share, $
Per share, $	Revenue	27.02	27.94	34.89	35.50	42.14	54.80	52.84	51.14	49.63	49.00
	Earnings	1.57	1.35	2.12	2.26	2.83	4.22	3.26	1.44	2.53	2.22
	Cash flow	2.21	3.73	4.62	3.33	4.78	4.35	3.58	3.61	2.84	3.24
	Capex	(0.86)	(0.60)	(0.60)	(0.77)	(0.85)	(1.43)	(1.59)	(1.36)	(1.21)	(0.78)
	Free cash flow	1.35	3.12	4.03	2.56	3.93	2.92	1.99	2.25	1.62	2.46
	Book value	1.18	(2.11)	(5.16)	(2.84)	(6.51)	(13.14)	(12.85)	(10.71)	(7.96)	(4.96)
	Shares, m	166	159	140	137	132	106	99	99	101	103
Valuation, ×
Valuation, ×	P/E	15.72	27.21	28.00	21.09	16.92	9.79	4.59	10.74	2.65	5.78
	P/S	0.91	1.24	1.69	1.34	1.14	0.75	0.28	0.30	0.13	0.26
	P/B	20.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	1.04	1.46	1.95	1.54	1.39	1.12	0.70	0.69	0.50	0.59
	EV/FCF	20.95	13.06	16.87	21.38	14.91	21.03	18.63	15.77	15.41	11.72
Cash, $m
Cash, $m	Operating cash flow	367	591	648	458	629	460	353	358	285	333
	Capex	(143)	(95)	(84)	(106)	(112)	(151)	(156)	(135)	(122)	(80)
	Free cash flow	224	495	564	351	517	309	196	223	163	253
Balance, $m
Balance, $m	Working capital	671	954	216	524	649	351	380	122	(87)	132
	Total debt	1,448	2,268	2,454	1,803	2,428	2,763	2,692	2,562	2,260	1,993
	Net debt	604	989	1,255	964	1,383	2,161	2,184	1,987	1,845	1,640
	Shareholders’ equity	196	(335)	(723)	(390)	(856)	(1,391)	(1,266)	(1,060)	(801)	(509)
Returns, %
Returns, %	ROA	10.31	7.83	10.43	11.37	12.95	15.17	11.57	5.13	9.18	8.28
	ROIC	35.78	58.92	80.33	61.90	75.99	59.62	37.11	24.03	23.11	26.60
	ROE	364.15	(309.10)	(56.06)	(55.86)	(59.80)	(39.79)	(24.18)	(12.23)	(27.32)	(34.84)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CENT Central Garden & Pet Company	$2.3B	15.6×	13.9×	−8.17% (below 0%: shrinking)	−4.58% (below 0%: shrinking)	+25.12% (above 0%: growing)	35.92%	14.26%	Compare
CENTA Central Garden & Pet Company	$2.3B	13.4×	—	−8.17% (below 0%: shrinking)	−4.58% (below 0%: shrinking)	+25.12% (above 0%: growing)	35.92%	14.26%	Compare
UTZ Utz Brands, Inc.	$2.1B	— (loss-making)	9.2×	+1.39% (above 0%: growing)	n/m	+93.40% (above 0%: growing)	25.87%	(1.48%)	Compare
NOMD Nomad Foods Limited	$1.6B	11.5×	7.2×	−0.76% (below 0%: shrinking)	−2.38% (below 0%: shrinking)	+24.23% (above 0%: growing)	28.91%	12.24%	Compare
HLF Herbalife Ltd	$1.5B	9.1×	5.5×	+5.38% (above 0%: growing)	n/m	−70.49% (below 0%: shrinking)	77.67%	9.67%
JJSF J & J Snack Foods Corp.	$1.5B	30.1×	23.2×	−6.24% (below 0%: shrinking)	−16.74% (below 0%: shrinking)	+4.83% (above 0%: growing)	35.45%	10.86%	Compare
FLO Flowers Foods, Inc.	$1.3B	23.5×	11.0×	−4.02% (below 0%: shrinking)	−32.14% (below 0%: shrinking)	+9.81% (above 0%: growing)	48.45%	5.71%	Compare
SENEA Seneca Foods Corp.	$1.2B	9.7×	13.4×	+36.21% (above 0%: growing)	+33.33% (above 0%: growing)	+116.37% (above 0%: growing)	11.81%	6.47%	Compare
BRBR BellRing Brands Inc.	$1.1B	6.6×	6.3×	+4.18% (above 0%: growing)	+70.59% (above 0%: growing)	+100.52% (above 0%: growing)	28.63%	11.47%	Compare
Median of peers	$1.5B	13.4×	11.0×	−2.39%	−4.58%	+25.12%	32.18%	11.17%

All 71 Packaged Foods stocks →

Herbalife Ltd (HLF) key facts

Concern: Net income was $227.8 million, or $2.22 per share (basic), a net margin of 4.53%.
Strength: Herbalife Ltd’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, up 0.89% from fiscal 2024.
Herbalife Ltd (HLF) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
As of October 16, 2026, HLF traded at $14.60, a market capitalization of $1.5 billion.
At that price the stock trades at 9.1× trailing-twelve-month earnings and 0.3× sales; its P/E is higher than 41% of its own readings over the past ten years.
Return on equity was −34.8% and debt-to-equity -4.32.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.38 (grey zone) for fiscal 2025.