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Herbalife Nutrition Ltd. (HLF) 10-Year Financial Performance & Capital Metrics

HLF • • Industrial / General
Consumer DefensivePackaged FoodsNutritional Supplements & WellnessDietary Supplements & Vitamins
AboutHerbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. It offers weight management products, including meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutrition products, which comprise functional beverages, and dietary and nutritional supplements that contain herbs, vitamins, minerals, and other natural ingredients; outer nutrition products, such as facial skin, body, and hair care products; and energy, sports, and fitness products, including N-R-G tea and energy drink products. The company also provides literature, promotional, and other materials that comprise start-up kits, sales tools, and educational materials. It offers its products through independent service providers and sales representatives, as well as through company-operated retail platforms. The company was formerly known as Herbalife Ltd. and changed its name to Herbalife Nutrition Ltd. in April 2018. Herbalife Nutrition Ltd. was founded in 1980 and is headquartered in Los Angeles, California.Show more
  • Revenue $4.99B -1.4%
  • EBITDA $507M +8.0%
  • Net Income $254M +78.8%
  • EPS (Diluted) 2.50 +76.1%
  • Gross Margin 77.88% +1.8%
  • EBITDA Margin 10.16% +9.5%
  • Operating Margin 7.73% +9.8%
  • Net Margin 5.09% +81.3%
  • ROE -
  • ROIC 24.25% +3.5%
  • Debt/Equity -
  • Interest Coverage 1.77 -17.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Momentum leader: RS Rating 92 (top 8%)
  • ✓Trading near 52-week high
  • ✓Efficient asset utilization: 1.8x turnover

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y0.07%
5Y0.47%
3Y-4.89%
TTM-0.78%

Profit (Net Income) CAGR

10Y-1.92%
5Y-3.95%
3Y-17.15%
TTM270.44%

EPS CAGR

10Y3.93%
5Y2.59%
3Y-15.41%
TTM268.24%

ROCE

10Y Avg33.57%
5Y Avg30.63%
3Y Avg26.12%
Latest25.48%

Peer Comparison

Dietary Supplements & Vitamins
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SMPLThe Simply Good Foods Company1.96B21.1520.748.98%6.26%5.23%8.07%0.17
FTLFFitLife Brands, Inc.146.88M15.6417.2322.33%9.57%16.13%6.54%0.37
USNAUSANA Health Sciences, Inc.394.87M21.609.86-7.22%1.86%2.93%12.9%0.07
LFVNLifeVantage Corporation80.4M6.338.3314.17%4.78%34.53%13.07%0.34
HLFHerbalife Nutrition Ltd.1.72B16.686.67-1.37%6.47%9.48%
ATPCAgape ATP Corporation5.45M0.11-0.17-7.57%-183%-11.92%0.19
HCWCHealthy Choice Wellness Corp.5.38M0.30-0.6224.57%-5.44%-73.95%10.72

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+4.47B4.49B4.43B4.89B4.88B5.54B5.8B5.2B5.06B4.99B
Revenue Growth %-0.1%0%-0.01%0.1%-0%0.14%0.05%-0.1%-0.03%-0.01%
Cost of Goods Sold+856M854.6M848.6M919.3M958M1.15B1.24B1.17B1.19B1.1B
COGS % of Revenue0.19%0.19%0.19%0.19%0.2%0.21%0.21%0.23%0.24%0.22%
Gross Profit+3.61B3.63B3.58B3.97B3.92B4.39B4.56B4.03B3.87B3.89B
Gross Margin %0.81%0.81%0.81%0.81%0.8%0.79%0.79%0.77%0.76%0.78%
Gross Profit Growth %-0.09%0.01%-0.02%0.11%-0.01%0.12%0.04%-0.12%-0.04%0%
Operating Expenses+3.03B3.18B2.96B3.29B3.35B3.75B3.83B3.49B3.52B3.5B
OpEx % of Revenue0.68%0.71%0.67%0.67%0.69%0.68%0.66%0.67%0.69%0.7%
Selling, General & Admin1.78B1.97B1.76B1.96B1.94B2.08B2.01B1.81B1.87B1.79B
SG&A % of Revenue0.4%0.44%0.4%0.4%0.4%0.37%0.35%0.35%0.37%0.36%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses-2.3M1.21B400K-57.3M1.41B1.68B1.82B1.68B1.65B1.71B
Operating Income+583.6M458.1M617.1M683.1M568.1M640.6M734.1M545.2M356.4M385.9M
Operating Margin %0.13%0.1%0.14%0.14%0.12%0.12%0.13%0.1%0.07%0.08%
Operating Income Growth %0.14%-0.22%0.35%0.11%-0.17%0.13%0.15%-0.26%-0.35%0.08%
EBITDA+681.6M556.4M716.9M783.5M665.8M740.9M841.7M660.6M469.7M507.3M
EBITDA Margin %0.15%0.12%0.16%0.16%0.14%0.13%0.15%0.13%0.09%0.1%
EBITDA Growth %0.12%-0.18%0.29%0.09%-0.15%0.11%0.14%-0.22%-0.29%0.08%
D&A (Non-Cash Add-back)98M98.3M99.8M100.4M97.7M100.3M107.6M115.4M113.3M121.4M
EBIT586.9M428.4M617.1M683.1M581.1M649.4M713.9M564.1M368.9M387.7M
Net Interest Income+-94.9M-93.4M-146.3M-161.6M-132.4M-124.2M-148.7M-133.2M-154.4M-206M
Interest Income5.6M5.9M14.5M19.4M20.6M8.8M4.4M6.1M11.5M12.3M
Interest Expense100.5M99.3M160.8M181M153M133M153.1M139.3M165.9M218.3M
Other Income/Expense-97.2M-93.4M-145.9M-218.9M-116.7M-124.2M-173.3M-120.4M-153.4M-216.5M
Pretax Income+486.4M364.7M471.2M464.2M451.4M516.4M560.8M424.8M203M169.4M
Pretax Margin %0.11%0.08%0.11%0.09%0.09%0.09%0.1%0.08%0.04%0.03%
Income Tax+147.3M104.7M257.3M167.6M140.4M143.8M113.6M103.5M60.8M-84.9M
Effective Tax Rate %0.7%0.71%0.45%0.64%0.69%0.72%0.8%0.76%0.7%1.5%
Net Income+339.1M260M213.9M296.6M311M372.6M447.2M321.3M142.2M254.3M
Net Margin %0.08%0.06%0.05%0.06%0.06%0.07%0.08%0.06%0.03%0.05%
Net Income Growth %0.1%-0.23%-0.18%0.39%0.05%0.2%0.2%-0.28%-0.56%0.79%
Net Income (Continuing)339.1M260M213.9M296.6M311M372.6M447.2M321.3M142.2M254.3M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+1.991.511.291.982.202.774.133.231.422.50
EPS Growth %0.17%-0.24%-0.15%0.53%0.11%0.26%0.49%-0.22%-0.56%0.76%
EPS (Basic)2.061.571.351.982.262.834.223.261.442.53
Diluted Shares Outstanding170.6M172.2M165.7M149.5M141.6M134.5M108.3M99.5M100.2M101.6M
Basic Shares Outstanding165.2M166.1M158.5M149.5M137.4M131.5M105.9M98.5M99M100.6M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.57B1.46B1.86B1.8B1.49B1.78B1.43B1.36B1.4B1.14B
Cash & Short-Term Investments889.8M844M1.28B1.2B839.4M1.05B601.5M508M575.2M415.3M
Cash Only889.8M844M1.28B1.2B839.4M1.05B601.5M508M575.2M415.3M
Short-Term Investments0000000000
Accounts Receivable69.9M70.3M93.3M70.5M79.7M83.3M66.9M70.6M81.2M68.9M
Days Sales Outstanding5.715.727.695.265.965.494.214.955.855.04
Inventory332M371.3M341.2M381.8M436.2M501.4M575.7M580.7M505.2M475.4M
Days Inventory Outstanding141.57158.58146.76151.59166.19159.06169.56180.6154.83157.13
Other Current Assets120.3M176.9M147M0000196.8M237.7M184.1M
Total Non-Current Assets+911.6M1.1B1.03B984.8M1.19B1.3B1.39B1.38B1.41B1.58B
Property, Plant & Equipment339.2M378M377.5M360M561M613M662.1M693.4M692.3M645.9M
Fixed Asset Turnover13.18x11.87x11.73x13.59x8.69x9.04x8.76x7.51x7.31x7.73x
Goodwill91.8M89.9M96.9M92.9M91.5M100.5M95.4M93.2M95.4M87.7M
Intangible Assets310.2M310.1M310.1M310.1M310.1M313.3M317.3M315.7M314M312.3M
Long-Term Investments-84.2M15.3M-77.5M12.8M0000018.5M
Other Non-Current Assets141.1M294.3M250.3M129.9M227.8M273.5M313.2M142M129.1M121.4M
Total Assets+2.48B2.57B2.9B2.79B2.68B3.08B2.82B2.73B2.81B2.73B
Asset Turnover1.80x1.75x1.53x1.75x1.82x1.80x2.06x1.90x1.80x1.83x
Asset Growth %0.04%0.04%0.13%-0.04%-0.04%0.15%-0.08%-0.03%0.03%-0.03%
Total Current Liabilities+1.02B791.5M906.8M1.59B964.4M1.13B1.08B976.6M1.28B1.23B
Accounts Payable71.1M66M67.8M81.1M81.6M88.7M92M89.8M84M70M
Days Payables Outstanding30.3228.1929.1632.231.0928.1427.127.9325.7423.14
Short-Term Debt229.5M9.5M102.4M678.9M24.1M22.7M29M29.5M309.5M283.5M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Other Current Liabilities595M590.2M619.3M690.9M415.7M522M535.1M451.6M469.7M824.6M
Current Ratio1.53x1.85x2.05x1.14x1.54x1.58x1.33x1.39x1.10x0.93x
Quick Ratio1.20x1.38x1.68x0.90x1.09x1.13x0.79x0.79x0.70x0.54x
Cash Conversion Cycle116.96136.11125.29124.65141.07136.41146.67157.63134.94139.03
Total Non-Current Liabilities+1.51B1.58B2.32B1.92B2.1B2.8B3.13B3.02B2.59B2.3B
Long-Term Debt1.39B1.44B2.17B1.77B1.78B2.41B2.73B2.66B2.25B1.98B
Capital Lease Obligations0000169.9M207M201.9M192.4M167.6M170.7M
Deferred Tax Liabilities400K15.3M7.8M7.5M000000
Other Non-Current Liabilities114.1M123.9M157.3M149.5M155.4M192.7M196.5M166.4M171.6M152.7M
Total Liabilities2.53B2.37B3.23B3.51B3.07B3.93B4.21B4B3.87B3.53B
Total Debt+1.62B1.45B2.27B2.45B2.01B2.67B3.01B2.92B2.77B2.47B
Net Debt732.2M603.9M989.3M1.25B1.17B1.63B2.41B2.41B2.19B2.05B
Debt / Equity-7.38x--------
Debt / EBITDA2.38x2.60x3.16x3.13x3.02x3.60x3.57x4.42x5.90x4.87x
Net Debt / EBITDA1.07x1.09x1.38x1.60x1.76x2.19x2.86x3.65x4.67x4.05x
Interest Coverage5.81x4.61x3.84x3.77x3.71x4.82x4.79x3.91x2.15x1.77x
Total Equity+-53.5M196.3M-334.7M-723.4M-390M-856.1M-1.39B-1.27B-1.06B-801.1M
Equity Growth %0.84%4.67%-2.71%-1.16%0.46%-1.2%-0.63%0.09%0.16%0.24%
Book Value per Share-0.311.14-2.02-4.84-2.75-6.37-12.85-12.72-10.58-7.88
Total Shareholders' Equity-53.5M196.3M-334.7M-723.4M-390M-856.1M-1.39B-1.27B-1.06B-801.1M
Common Stock100K100K100K100K100K100K100K100K100K100K
Retained Earnings-326.3M-66.3M-248.1M-526.3M-215.3M-687.4M-1.17B-1.2B-1.06B-808M
Treasury Stock00-328.6M-328.9M-328.9M-328.9M-328.9M000
Accumulated OCI-165.5M-205.1M-165.4M-209.8M-212.5M-182.2M-211.8M-250.2M-232M-271.4M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+628.7M367.3M590.8M648.4M457.5M628.6M460.3M352.5M357.5M285.4M
Operating CF Margin %0.14%0.08%0.13%0.13%0.09%0.11%0.08%0.07%0.07%0.06%
Operating CF Growth %0.23%-0.42%0.61%0.1%-0.29%0.37%-0.27%-0.23%0.01%-0.2%
Net Income339.1M260M213.9M296.6M311M372.6M447.2M321.3M142.2M254.3M
Depreciation & Amortization98M98.3M99.8M100.4M97.7M100.3M107.6M115.4M113.3M121.4M
Stock-Based Compensation44.9M40.2M42.1M35.5M38.6M51M54.1M44.4M48M50M
Deferred Taxes-38.2M-36.4M97.8M-8.1M15.4M2M-33.3M-29.9M-41.1M-229.6M
Other Non-Cash Items114.8M63.1M85.2M144.8M57M62.5M103M24.4M47.4M56.8M
Working Capital Changes70.1M-57.9M52M79.2M-62.2M40.2M-218.3M-123.1M47.7M32.5M
Change in Receivables-6.2M23.1M-22.2M127.3M19.9M121.1M9.6M-9.1M-9.1M5.9M
Change in Inventory-30.5M-71.6M37.9M-83.3M-68.6M-76.6M-129.1M-68.4M57.5M-30.4M
Change in Payables6M-1.3M-5M21.7M100K5.5M6.9M-1.1M-7.4M-14.6M
Cash from Investing+-73.4M-141.3M-97.8M-83.9M-108M-123.2M-156.4M-156.2M-134.8M-84.6M
Capital Expenditures-79M-143.4M-95.5M-84M-106.1M-112M-151.4M-156.4M-135M-122M
CapEx % of Revenue0.02%0.03%0.02%0.02%0.02%0.02%0.03%0.03%0.03%0.02%
Acquisitions----------
Investments----------
Other Investing5.7M2.1M-2.3M100K-1.9M-11.2M-5M200K200K37.4M
Cash from Financing+-250M-252.3M-85.2M-593.1M-713M-320.9M-728.6M-264.7M-148.3M-335.3M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-5.8M-300K-20.5M29M3.2M-4.4M-4.2M-3M1.4M-21.5M
Net Change in Cash----------
Free Cash Flow+549.7M223.9M495.3M564.4M351.4M516.6M308.9M196.1M222.5M163.4M
FCF Margin %0.12%0.05%0.11%0.12%0.07%0.09%0.05%0.04%0.04%0.03%
FCF Growth %0.63%-0.59%1.21%0.14%-0.38%0.47%-0.4%-0.37%0.13%-0.27%
FCF per Share3.221.302.993.782.483.842.851.972.221.61
FCF Conversion (FCF/Net Income)1.85x1.41x2.76x2.19x1.47x1.69x1.03x1.10x2.51x1.12x
Interest Paid50.5M45.4M100.7M106.1M114.3M78.9M143.5M133.5M159.1M194.4M
Taxes Paid168.4M162.9M158.8M158.9M147.9M138.2M156.3M144.9M133.1M146.5M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-364.15%--------
Return on Invested Capital (ROIC)57.95%46.46%63.63%86.39%64.93%61.99%61.77%37.83%23.43%24.25%
Gross Margin80.85%80.96%80.83%81.21%80.36%79.24%78.64%77.45%76.47%77.88%
Net Margin7.59%5.79%4.83%6.06%6.38%6.72%7.71%6.17%2.81%5.09%
Debt / Equity-7.38x--------
Interest Coverage5.81x4.61x3.84x3.77x3.71x4.82x4.79x3.91x2.15x1.77x
FCF Conversion1.85x1.41x2.76x2.19x1.47x1.69x1.03x1.10x2.51x1.12x
Revenue Growth-9.87%0.43%-1.35%10.48%-0.3%13.63%4.71%-10.31%-2.73%-1.37%

Revenue by Segment

2015201620172018201920202021202220232024
Weight Management2.86B2.86B2.84B3.11B3.01B3.31B3.37B2.95B2.85B2.77B
Weight Management Growth-0.06%-0.77%9.26%-3.00%9.97%1.74%-12.35%-3.47%-2.93%
Targeted Nutrition1.02B1.06B1.08B1.24B1.28B1.53B1.64B1.51B1.48B1.48B
Targeted Nutrition Growth-4.67%1.88%14.84%2.81%19.47%7.15%-7.57%-2.16%0.29%
Energy Sports And Fitness250.9M268.4M263.8M308.4M352M437.4M551.8M550.6M560.3M572.2M
Energy Sports And Fitness Growth-6.97%-1.71%16.91%14.14%24.26%26.15%-0.22%1.76%2.12%
Literature Promotional And Other206.9M182.3M144.7M142.2M136.8M152.9M136.2M101.1M87.9M84.9M
Literature Promotional And Other Growth--11.89%-20.63%-1.73%-3.80%11.77%-10.92%-25.77%-13.06%-3.41%
Outer Nutrition133M110.4M93.9M91.9M97.3M111.3M107.8M85.8M82.5M83.6M
Outer Nutrition Growth--16.99%-14.95%-2.13%5.88%14.39%-3.14%-20.41%-3.85%1.33%

Revenue by Geography

2015201620172018201920202021202220232024
Others2.02B2.24B2.28B2.49B2.65B2.96B2.8B2.44B2.31B2.29B
Others Growth-11.01%1.91%9.19%6.36%11.77%-5.30%-13.11%-5.06%-1.16%
UNITED STATES-935M818.3M925.9M1B1.33B1.39B1.23B1.1B1.03B
UNITED STATES Growth---12.48%13.15%8.28%33.10%3.91%-11.62%-10.20%-6.77%
INDIA------519.1M677.1M796.6M844.8M
INDIA Growth-------30.44%17.65%6.05%
MEXICO-446.6M442.7M467.9M473.6M436.9M463.7M474.6M525M538.6M
MEXICO Growth---0.87%5.69%1.22%-7.75%6.13%2.35%10.62%2.59%
CHINA-868.8M885.9M1.01B752M809.6M629.5M391M327.4M297.6M
CHINA Growth--1.97%13.74%-25.37%7.66%-22.25%-37.89%-16.27%-9.10%
U S860M---------
U S Growth----------
C N846.2M---------
C N Growth----------
M X479.9M---------
M X Growth----------
K R266.9M---------
K R Growth----------

Frequently Asked Questions

Valuation & Price

Herbalife Nutrition Ltd. (HLF) has a price-to-earnings (P/E) ratio of 6.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Herbalife Nutrition Ltd. (HLF) reported $4.96B in revenue for fiscal year 2024. This represents a 44% increase from $3.45B in 2011.

Herbalife Nutrition Ltd. (HLF) saw revenue decline by 1.4% over the past year.

Yes, Herbalife Nutrition Ltd. (HLF) is profitable, generating $320.8M in net income for fiscal year 2024 (5.1% net margin).

Dividend & Returns

Herbalife Nutrition Ltd. (HLF) generated $217.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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