Nature's Sunshine Products, Inc.

NATR Consumer Defensive Packaged Foods

Nature's Sunshine Products, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $480.1 million, up 5.67% from fiscal 2024.

Revenue
−9.14%
EPS
−63.3%
Free cash flow
−45.1%

Quarter to September 2026, against a year earlier

10.87 0.61 +5.95%
Market cap
$180.5M
P/E
12.4×
Fwd P/E
11.5×
Dividend yield
—
F-score
8/9
Altman Z
5.37
Beneish M
−2.83
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 2.61
Sold, $m 1.73
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — 2 — — —
Sell 1 — — 3 — 1 3 — — — — —
Insider Ownership 5.76%

Capital & Financial Ratios $m

Size
Market Cap 180.53
Revenue ttm 480.29
Net income ttm 15.06
Free cash flow ttm 10.51
Net debt Q (89.38)
Valuation
P/E 12.39
Forward P/E 11.50
Price / sales 0.38
Forward P/S Powerpack
Price / FCF 17.14
Price / book 1.05
Financial health
Current ratio Q 2.56 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 176.07
Growth
Revenue growth Q −9.14% (below 0%: shrinking)
Operating income growth Q −41.15% (below 0%: shrinking)
EPS, this year −38.27% (below 0%: weak)
EPS, next year A +21.34% (at or above 15%: strong)
Revenue, next year A +3.24%
EPS, past 5 yrs −0.19% (below 0%: weak)
EPS, next 5 yrs A −8.98% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 7.72%
10-year low 10-year high
P/S against its own 10 years 1.94%
10-year low 10-year high
P/B against its own 10 years 0.48%
10-year low 10-year high
EV/Sales against its own 10 years 0.04%
10-year low 10-year high
EV/FCF against its own 10 years 26.36%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 0.40 ’16
  2. 0.10 ’17 −75
  3. 0.00 ’18 −100
  4. 0.00 ’19
  5. 0.00 ’20
  6. 0.00 ’21
  7. 0.00 ’22
  8. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 82 85 94 89
Receivables 9 9 9 18
Inventory 67 59 68 71
Other — — — —
166 161 179 188
2023 2024 2025 Q'26
Payables 8 9 8 8
ST’ Debt — — — —
Other — — — —
77 66 79 73

Compound Annual Growth %

10y 5y 3y
Sales 3.99% 4.50% 4.40%
Cash Flow 13.27% (1.27%) 267.78%
Earnings 2.89% (1.76%) 0.00%
Book Value 1.72% 0.54% 3.19%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.29 0.19 0.11 — —
’25 0.25 0.28 0.30 0.23 1.06
’24 0.12 0.07 0.23 (0.02) 0.40
’23 0.04 0.12 0.15 0.46 0.77
’22 (0.15) 0.03 0.00 0.10 (0.02)
’21 0.20 0.32 0.24 0.67 1.42
’20 0.15 0.29 0.34 0.29 1.07
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 123 117 117 — —
’25 113 115 128 124 480
’24 111 111 115 118 454
’23 109 117 111 109 445
’22 110 104 105 103 422
’21 102 109 115 118 444
’20 96 87 100 102 385
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) 1 11 — —
’25 3 4 18 10 35
’24 2 1 10 12 25
’23 9 8 14 10 41
’22 (8) (1) 6 4 1
’21 3 8 10 14 35
’20 14 1 12 11 38
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) (2) 9 — —
’25 1 3 17 8 29
’24 (1) (2) 8 10 14
’23 7 6 10 8 31
’22 (9) (4) 6 1 (7)
’21 2 6 8 12 28
’20 12 0 11 9 33
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 341 342 365 362 385 444 422 445 454 480 480 +3.9% 496 519 540 +4.0%
Gross margin, % 73.34 73.38 73.77 74.07 73.71 74.00 71.05 72.11 71.46 72.42 73.06 (0.9) pt
EBT 9 3 3 16 23 32 15 20 18 30 24 +13.9%
EBT margin, % 2.72 0.94 0.88 4.32 5.92 7.17 3.61 4.54 4.06 6.21 5.08 +3.5 pt
Net income 1 (14) (1) 7 23 30 1 16 8 20 15 +46.1%
Per share, $
Per share, $ Revenue 18.21 18.11 19.08 18.75 19.72 22.36 21.83 23.36 24.41 26.67 27.42 +4.3%
Earnings 0.11 (0.69) (0.04) 0.35 1.09 1.45 (0.02) 0.79 0.41 1.08 0.83 +28.9%
Cash flow 0.18 0.56 1.14 0.44 1.93 1.74 0.04 2.16 1.36 1.96 1.12 +30.2%
Capex (0.62) (0.26) 0.01 (0.26) (0.25) (0.33) (0.39) (0.55) (0.59) (0.36) (0.52) (5.8%)
Free cash flow (0.43) 0.29 1.15 0.18 1.68 1.41 (0.36) 1.61 0.77 1.60 0.60 n/m
Book value 7.07 6.34 6.30 6.70 8.05 8.13 7.61 8.37 8.65 8.97 9.80 +2.7%
Shares, m 19 19 19 19 20 20 19 19 19 18 18 (0.4%)
Valuation, ×
Valuation, × P/E 121.25 0.00 0.00 25.51 13.59 12.76 0.00 22.18 36.65 19.98 12.39 25.2
P/S 0.80 0.64 0.43 0.48 0.76 0.83 0.39 0.76 0.60 0.81 0.38 0.6
P/B 2.06 1.83 1.29 1.33 1.86 2.28 1.12 2.12 1.70 2.41 1.05 1.8
EV/Sales 0.73 0.56 0.30 0.40 0.53 0.64 0.28 0.60 0.42 0.62 0.20 0.5
EV/FCF (32.72) 34.25 4.88 42.26 6.22 10.13 (17.31) 8.73 13.37 10.33 8.95 8.0
Cash, $m
Cash, $m Operating cash flow 3 11 22 9 38 35 1 41 25 35 20 +29.6%
Capex (12) (5) 0 (5) (5) (7) (8) (10) (11) (6) (9) (6.2%)
Free cash flow (8) 6 22 3 33 28 (7) 31 14 29 11 n/m
Balance, $m
Balance, $m Working capital 31 49 40 55 84 88 84 89 95 100 115 +13.7%
Net debt (24) (29) (49) (27) (88) (84) (59) (82) (85) (94) (89) +16.3%
Shareholders’ equity 132 120 121 129 157 161 147 160 161 162 172 +2.2%
Returns, %
Returns, % ROA 1.05 (6.46) (0.44) 3.33 9.23 11.35 (0.16) 6.29 3.14 7.78 5.50 +6.7 pt
ROIC 5.80 0.96 4.68 9.83 19.49 27.91 11.52 15.19 16.46 22.86 19.46 +17.1 pt
ROE 1.59 (10.27) (0.71) 5.41 14.89 18.11 (0.25) 9.83 4.80 12.10 8.66 +10.5 pt
People
People Employees 972 911 905 834 837 850 800 814 819 806 — (2.1%)
Revenue/emp, $m 0.35 0.38 0.40 0.43 0.46 0.52 0.53 0.55 0.55 0.60 — +6.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Nature's Sunshine Products, Inc. vs peers in Packaged Foods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LWAY Lifeway Foods, Inc. $335.4M 30.7× 43.3× +24.10% (above 0%: growing) −96.43% (below 0%: shrinking) −598.84% (below 0%: shrinking) 19.47% 0.90% Compare
ENHA Enhanced Group Inc. $323.3M 10.8× — — n/m −483.42% (below 0%: shrinking) 100.00% (349.85%) Compare
PRE Prenetics Global Limited $273.0M — (loss-making) — (loss-making) +288.57% (above 0%: growing) n/m −297.16% (below 0%: shrinking) 64.97% (45.13%) Compare
USNA USANA Health Sciences, Inc. $256.1M — (loss-making) — (loss-making) −3.64% (below 0%: shrinking) n/m +180.61% (above 0%: growing) 76.34% (0.70%) Compare
OTLY Oatly Group AB Sponsored ADR $245.7M — (loss-making) — (loss-making) +9.09% (above 0%: growing) n/m −254.68% (below 0%: shrinking) 34.14% (3.78%) Compare
BRCC BRC Inc. $244.5M — (loss-making) 42.0× +7.27% (above 0%: growing) n/m −141.35% (below 0%: shrinking) 37.14% (6.93%) Compare
BGS B&G Foods, Inc. $200.8M — (loss-making) — (loss-making) −9.70% (below 0%: shrinking) n/m +19.28% (above 0%: growing) 20.78% 9.02% Compare
NATR Nature's Sunshine Products, Inc. $180.5M 12.4× 11.5× −9.14% (below 0%: shrinking) −63.33% (below 0%: shrinking) −45.13% (below 0%: shrinking) 72.86% 4.53%
NAGE Niagen Bioscience, Inc. $166.6M 16.1× 20.1× −19.99% (below 0%: shrinking) n/m −28.44% (below 0%: shrinking) 62.90% (5.84%) Compare
Median of peers $250.9M 16.1× 42.0× +7.27% — −198.01% 50.02% (4.81%)

All 68 Packaged Foods stocks →

Pay and ownership Proxy statement filed 27 March 2026

Ownership

Directors and executive officers, together 3.10%
Wynnefield Capital, Inc. 14.10%
Prescott Group Capital Management, LLC 10.20%
Black Rock LP 6.40%
Dimensional Fund Advisors LP 5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Nature's Sunshine Products, Inc. (NATR) Latest News

27 Oct

Impact 3 · · StockStory

14 Aug

Impact 3 · · The Motley Fool transcript

8 May

Impact 3 · · MarketBeat

7 May

Impact 4 · · The Motley Fool transcript
stockrow.com/NATR · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com