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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HLF›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

HERBALIFE LTD. (HLF) financials

Income statement

HERBALIFE LTD. (HLF) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.49B$4.43B$4.89B$4.88B$5.54B$5.80B$5.20B$5.06B$4.99B$5.04B
Revenue growth—-1.4%10.5%-0.3%13.6%4.7%-10.3%-2.7%-1.4%0.9%
Gross profit$3.63B$3.58B$3.97B$3.92B$4.39B$4.56B$4.03B$3.87B$3.89B$3.92B
Gross margin81.0%80.8%81.2%80.4%79.2%78.6%77.4%76.5%77.9%77.9%
Operating income$458M$617M$683M$568M$641M$734M$545M$356M$386M$481M
Operating margin10.2%13.9%14.0%11.6%11.6%12.7%10.5%7.0%7.7%9.5%
Net income$260M$214M$297M$311M$373M$447M$321M$142M$254M$228M
Net margin5.8%4.8%6.1%6.4%6.7%7.7%6.2%2.8%5.1%4.5%
EPS (diluted)$1.51$1.29$1.98$2.20$2.77$4.13$3.23$1.42$2.50$2.20

Cash flow

HERBALIFE LTD. (HLF) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$367M$591M$648M$458M$629M$460M$353M$358M$285M$333M
Capital expenditures$143M$95.5M$84.0M$106M$112M$151M$156M$135M$122M$80.4M
Free cash flow$224M$495M$564M$351M$517M$309M$196M$223M$163M$253M
Share buybacks$13.2M$844M$750M$16.7M$924M$1.01B$147M$11.0M$8.30M$8.20M
Dividends paid$0.00$0.00$0.00———————

Balance sheet

HERBALIFE LTD. (HLF) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$844M$1.28B$1.20B$839M$1.05B$602M$508M$575M$415M$353M
Total assets$2.57B$2.90B$2.79B$2.68B$3.08B$2.82B$2.73B$2.81B$2.73B$2.79B
Total liabilities$2.37B$3.23B$3.51B$3.07B$3.93B$4.21B$4.00B$3.87B$3.53B$3.30B
Long-term debt$1.44B$2.17B$1.77B$1.78B$2.41B$2.73B$2.66B$2.25B$1.98B$1.97B
Shareholders' equity$196M-$335M-$723M-$390M-$856M-$1.39B-$1.27B-$1.06B-$801M-$515M
Retained earnings-$66.3M-$248M-$526M-$215M-$687M-$1.17B-$1.20B-$1.06B-$808M-$580M
Shares (wtd avg diluted)172M166M150M142M135M108M99.5M100M102M104M

Every figure is extracted from HERBALIFE LTD.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HERBALIFE LTD.'s annual revenue?
HERBALIFE LTD. (HLF) reported $5.04B of revenue for fiscal year 2025 — up 0.9% from $4.99B in FY2024, per its annual report filed with the SEC.
Is HERBALIFE LTD. profitable?
Yes — HLF earned $228M of net income in FY2025, a 4.5% net margin, per SEC filings.
What is HERBALIFE LTD.'s free cash flow?
$253M in FY2025 (operating cash flow $333M minus $80.4M of capital expenditures), from the SEC cash-flow statement.
Does HLF pay a dividend?
HERBALIFE LTD. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full HLF analysis — verdict, score & filings →Is HLF a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.