Herbalife (HLF) Debt Ratio (2009 - 2026)
Herbalife's Debt Ratio was 0.67 in Q3 2026, down 10.7% from 0.75 a year earlier and down 5.3% from the prior quarter.
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Analysis
Herbalife (HLF) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Herbalife came in at 0.72, down 13.7% from FY2024.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.83 in FY2024 (-9.2%), 0.91 in FY2023 (-7.4%), 0.99 in FY2022 (+0.6%) and 0.98 in FY2021 (+24.1%).
- The Q3 2026 figure marks the lowest quarterly Debt Ratio since Q3 2017.
- Compared with a year earlier, Debt Ratio has declined for 15 straight quarters, with an average decline of 11.8% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2021 (growth of 24.1%); the worst was Q1 2026 (a decline of 15.3%).
- Per Business Quant data, HLF's Debt Ratio in the three quarters before Q3 2026 was 0.71 (Q2 2026), 0.69 (Q1 2026) and 0.72 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 389.52 Bn | 341.08 Bn | 11.60 Bn | 0.29 |
| 2 | Colgate Palmolive | 77.87 Bn | 72.35 Bn | 3.23 Bn | 0.46 |
| 3 | Estee Lauder Companies | 40.86 Bn | 27.95 Bn | 2.81 Bn | 0.36 |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 0.31 |
| 5 | Kimberly Clark | 36.57 Bn | 32.51 Bn | 1.44 Bn | 0.37 |
| 6 | Church & Dwight | 26.26 Bn | 24.65 Bn | 749.40 Mn | 0.24 |
| 7 | Clorox | 12.68 Bn | 10.94 Bn | 770.00 Mn | 0.66 |
| 8 | e.l.f. Beauty | 6.96 Bn | 5.78 Bn | 370.22 Mn | 0.32 |
| 9 | Reynolds Consumer Products | 5.15 Bn | 4.85 Bn | 236.00 Mn | 0.30 |
| 10 | Herbalife | 1.64 Bn | 57.14 Mn | 1.04 Bn | 0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.67 |
| Jun 30, 2026 | 0.71 |
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.78 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.83 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.90 |
| Mar 31, 2024 | 0.91 |
| Dec 31, 2023 | 0.91 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | 0.95 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 1.00 |
| Dec 31, 2021 | 0.98 |
API Access
Herbalife Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();