HLF vs MLKMF vs BBWI Stock Comparison

Herbalife, Waldencast and Bath & Body Works Prices as of Oct 27, 2026 Peers: Industry group
HLF Herbalife Ltd.
$13.48 +7.3% 1M +64.4% 1Y
Market cap
$1.40B
P/E
8.6x
Revenue (TTM)
$5.20B
Div. yield
–
Personal Care Products Consumer Staples
4 wins
MLKMF Waldencast plc
$0.88 -14.6% 1M -54.4% 1Y
Market cap
$100.38M
P/E
–
Revenue (TTM)
—
Div. yield
–
Cosmetics Consumer Staples
BBWI Bath & Body Works, Inc.
$21.94 +33.4% 1M -15.7% 1Y
Market cap
$4.74B
P/E
7.2x
Revenue (TTM)
$7.38B
Div. yield
–
Personal Care Products Consumer Staples
7 wins

Head to Head

11 decided of 12

Bath & Body Works leads on 7 of the 12 questions below (Bath & Body Works 7, Herbalife 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHLFMLKMFBBWILeader
Larger companyMarket capitalisation $1.40B $100.38M $4.74B BBWI
Cheaper on earningsLower P/E, profitable companies only 8.6x — 7.2x BBWI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.4x — 7.8x HLF
Faster revenue growthRevenue growth, trailing twelve months +5.5% — +0.1% HLF
More profitableNet margin, trailing twelve months 3.2% — 9.0% BBWI
Better return on capitalReturn on invested capital 24.3% — 32.2% BBWI
Less leveragedLower net debt / EBITDA 2.6x — 2.0x BBWI
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months +64.4% -54.4% -15.7% HLF
Better 5-year returnAnnualised price return, 5 years -21.9%/yr -38.2%/yr -20.6%/yr BBWI
Less volatileAnnualised volatility, 1 year 58.5% 100.5% 61.8% HLF
Higher overall scoreMean of the five percentile scores vs peers 59/100 — 66/100 BBWI

Percentile Scorecard

HLFMLKMFBBWI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHLFMLKMFBBWI
Valuation 100 #1 of 52 – 90 #6 of 52
Growth 59 #21 of 50 – 47 #27 of 50
Profitability 84 #8 of 45 – 93 #4 of 45
Financial Health 29 #40 of 56 67 #19 of 56 31 #39 of 56
Shareholder Returns 23 #24 of 31 – 67 #11 of 31
Overall 59 – 66
  • HLF ranked among 60 companies in Household and Personal Products
  • MLKMF ranked among 60 companies in Household and Personal Products
  • BBWI ranked among 60 companies in Household and Personal Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHLFMLKMFBBWISPY
1 month +7.3%-14.6%+33.4% -0.2%
3 months +7.6%-47.3%+7.0% +3.9%
6 months -18.9%+12.8%+13.9% +8.2%
Year to date +4.6%-53.2%+9.3% +12.9%
1 year +64.4%-54.4%-15.7% +12.3%
3 years -3.4%-90.0%-22.4% +87.4%
3 years, per year -1.1%-53.6%-8.1% +23.3%
5 years -70.9%-90.9%-68.3% +67.9%
5 years, per year -21.9%-38.2%-20.6% +10.9%
10 years -55.0%—-62.7% +261.1%
10 years, per year -7.7%—-9.4% +13.7%

Risk

MeasureHLFMLKMFBBWISPY
Volatility, 1Y 58.5%100.5%61.8% 12.7%
Downside volatility, 1Y 53.0%88.2%64.0% 12.7%
Beta vs S&P 500, 1Y 1.151.351.42 1.00
Return / volatility, 1Y 1.10-0.54-0.25 0.97
Max drawdown, 5Y -89.0%-93.5%-81.1% -25.4%
From 52-week high -32.5%-71.4%-15.9% -1.2%
52-week high $19.96$3.08$26.09 $779.14
52-week low $7.75$0.75$14.85 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHLFMLKMFBBWI
P/E now vs peer median 8.6xmedian 18.5x —median 18.5x 7.2xmedian 18.5x
P/S now vs peer median 0.3xmedian 1.6x —median 1.6x 0.6xmedian 1.6x
EV/EBITDA now vs peer median 4.9xmedian 12.9x —median 12.9x 5.2xmedian 12.9x
P/FCF now vs peer median 4.4xmedian 18.6x —median 18.6x 4.7xmedian 18.6x
P/B now vs peer median -3.0xmedian 2.2x 0.3xmedian 2.2x -4.2xmedian 2.2x
PEG now vs peer median -0.74median 0.97 —median 0.97 3.40median 0.97

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHLFMLKMFBBWI
Revenue $5.20B – $7.38B
Gross profit $4.04B – $3.23B
Operating income $492.30M – $1.13B
Net income $162.90M – $662.00M
Free cash flow $322.30M – –
EPS (diluted) $1.57 – $3.28
Cash & equivalents $370.50M $7.82M $794.00M
Total debt $8.02B $631.43M $3.61B
Shares (diluted) 104.50M 114.07M 202.00M
Enterprise value -$75.82M $38.41M $2.39B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHLFMLKMFBBWI
P/E 8.6x – 7.2x
P/FCF 4.4x – 4.7x
P/Operating cash flow 3.7x – –
P/S 0.3x – 0.6x
P/B -3.0x 0.3x -4.2x
P/Tangible book -1.7x 0.3x -3.6x
EV/EBITDA 4.9x – 5.2x
EV/EBIT 6.2x – 6.4x
EV/Revenue 0.6x – 1.0x
EV/FCF 9.5x – –
EV/Operating cash flow 8.0x – –
PEG (3Y EPS CAGR) -0.74 – 3.40

Growth

14 metrics
MetricHLFMLKMFBBWI
Revenue growth (1Y) 5.5% – 0.1%
Revenue CAGR (3Y) 1.0% – -0.3%
Gross profit growth (1Y) 5.0% – -1.6%
Gross profit CAGR (3Y) 1.3% – 0.9%
Operating income growth (1Y) 0.7% – -10.2%
Operating income CAGR (3Y) 4.6% – -2.5%
Net income growth (1Y) -49.9% – -9.1%
Net income CAGR (3Y) -10.3% – -2.1%
EPS growth (1Y) -50.1% – -5.0%
EPS CAGR (3Y) -11.5% – 2.1%
Operating cash flow growth (1Y) 44.7% – –
Operating cash flow CAGR (3Y) 8.0% – –
Free cash flow growth (1Y) 88.0% – –
Free cash flow CAGR (3Y) 27.4% – –

Profitability

14 metrics
MetricHLFMLKMFBBWI
Gross margin 77.7% – 43.8%
EBITDA margin 12.1% – 18.7%
Operating margin 9.5% – 15.4%
Pretax margin 4.1% – 12.2%
Net margin 3.2% – 9.0%
FCF margin 6.2% – –
Operating cash flow margin 7.4% – –
Return on equity – – –
Return on assets 5.7% – 12.9%
Return on invested capital 24.3% – 32.2%
Return on capital employed 26.0% – 33.3%
Asset turnover 1.8x – 1.4x
Cash conversion (OCF / net income) 2.4x – –
Stock comp / revenue 0.8% – –

Financial Health

11 metrics
MetricHLFMLKMFBBWI
Debt / assets 70.5% 23.1% 70.1%
Debt / equity -4.2x 0.4x -3.4x
Net debt / EBITDA 2.6x – 2.0x
Debt / FCF 6.3x – –
Liabilities / assets 116.6% 39.5% 120.5%
Equity / assets -16.6% 60.5% -20.5%
Interest coverage 2.5x – 4.2x
Current ratio 1.2x 4.8x 1.2x
Quick ratio 0.5x 0.1x 0.6x
Cash ratio 0.4x 0.1x 0.5x
Altman Z-score 2.46 – 2.33

Shareholder Returns

7 metrics
MetricHLFMLKMFBBWI
Dividend yield – – 3.6%
Net buyback yield 0.8% – –
Shareholder yield 0.8% – 3.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHLFMLKMFBBWI
Forward P/E 5.4xFY2026 – 7.8xFY2026
EPS, next fiscal year $2.49FY2026 $-0.51FY2026 $2.80FY2026
EPS growth, next FY +17.5%FY2026 – -12.8%FY2026
EPS growth, the year after +29.3% – -5.7%
Revenue, next fiscal year $5.59BFY2026 $272.64MFY2026 $7.36BFY2026
Revenue growth, next FY +10.9%FY2026 +0.2%FY2026 +1.0%FY2026
Revenue growth, the year after -9.8% +10.6% +0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHLFMLKMFBBWI
Held by institutions 99.1% – 100.0%
Institutions holding 235 – 463
Change in shares held, QoQ -0.4% – +1.6%
Institutions buying 129 – 244
Institutions selling 72 – 171
Buyers to sellers 1.79 – 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HLFMLKMFBBWI
HLF 1.00 0.20 0.10
MLKMF 0.20 1.00 -0.01
BBWI 0.10 -0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HLF, MLKMF and BBWI?

Bath & Body Works (BBWI) is the largest by market capitalisation: Herbalife (HLF) $1.40B, Waldencast (MLKMF) $100.38M, Bath & Body Works (BBWI) $4.74B.

Which stock is cheaper, HLF, MLKMF and BBWI?

Bath & Body Works (BBWI) trades on the lowest price-to-earnings ratio (Herbalife (HLF) 8.6x, Bath & Body Works (BBWI) 7.2x). On next year's consensus earnings, Herbalife (HLF) is cheapest (Herbalife (HLF) 5.4x, Bath & Body Works (BBWI) 7.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Herbalife (HLF) grew revenue fastest over the trailing twelve months: Herbalife (HLF) +5.5%, Bath & Body Works (BBWI) +0.1%.

Which company is more profitable?

Bath & Body Works (BBWI) has the highest net margin (Herbalife (HLF) 3.2%, Bath & Body Works (BBWI) 9.0%). On return on invested capital, Bath & Body Works (BBWI) leads (Herbalife (HLF) 24.3%, Bath & Body Works (BBWI) 32.2%).

Which stock has performed better?

Over the past year Herbalife (HLF) returned the most: Herbalife (HLF) +64.4%, Waldencast (MLKMF) -54.4%, Bath & Body Works (BBWI) -15.7%. Over five years, Bath & Body Works (BBWI) compounded fastest (Herbalife (HLF) -21.9%/yr, Waldencast (MLKMF) -38.2%/yr, Bath & Body Works (BBWI) -20.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Herbalife (HLF) has been the steadiest (Herbalife (HLF) 58.5%, Waldencast (MLKMF) 100.5%, Bath & Body Works (BBWI) 61.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HLF, MLKMF and BBWI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bath & Body Works (BBWI) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.