Herbalife (HLF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Herbalife

NYSE•Consumer Defensive•Packaged Foods

$12.38+0.21(0.02%)Market closed

Market Cap

$1.22B

P/E

7.4x

P/S

0.2x

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.

How this company scores

WeakMetricSide Score: 47/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (24/25); weakest: Profitability (4/25).

Profitability4/25

Growth10/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowCash-backed earnings

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.4x5y range 2.7x – 12.7x

Currently near its 20-quarter median.

P/S · 0.2x5y range 0.1x – 0.8x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Share Dilution

Watch

Shares outstanding rose 3.6% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $1.22B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.20B
Q. Revenue: $1.33B
TTM EBITDA: $613.10M
TTM Op. Income: $492.30M
Q. Op. Income: $128.30M
TTM Net Income: $164.20M
Q. Net Income: $-26.30M
EPS: $-0.25
Shares Out.: $104.50M

$5.20B in TTM revenue grew 5.5% YoY, reaching $1.33B last quarter. TTM EBITDA of $613.10M and TTM operating income of $492.30M show growth is flowing through to the bottom line. TTM net income of $164.20M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 77.7%
EBITDA Margin: 12.0%
Op. Margin: 9.7%
Net Margin: -2.0%

Op. margin of 9.7% is down 0.9% YoY — costs are rising relative to revenue. Net margin at -2.0% and gross margin of 77.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 8% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.4x
P/S Ratio: 0.2x
P/B Ratio: N/A

At 7.4x P/E, the stock trades below typical market levels. P/S of 0.2x and P/B of 0.0x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has risen for 4 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.86B
Cash: $370.50M
Long-Term Debt: $2.00B
Book Value: $-474.50M
D/E Ratio: N/A
Debt/EBITDA: 12.5

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $32.90M
TTM Free Cash Flow: $322.30M
FCF Margin: 6.2%
FCF / Net Income: 2.0

TTM FCF of $322.30M on $32.90M in operating cash flow. The FCF / Net Income ratio of 2.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 88% — a weakening trend.