Herbalife (HLF) Debt to Equity (2009 - 2026)

Herbalife has disclosed Debt to Equity across 18 years of filings, most recently posting -$4.59 for Q1 2026.

• Debt to Equity for Q1 2026 came in at -$4.59, down 53.85% year-over-year; the trailing twelve-month figure through Mar 2026 was -$4.59 (down 53.85% YoY), and the FY2025 annual result was -$3.91, down 38.65% from the prior year.
• Debt to Equity came in at -$4.59 for Q1 2026 at Herbalife, down from -$3.91 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of -$1.94 in Q1 2022 to a low of -$4.59 in Q1 2026.
• The 5-year median for Debt to Equity is -$2.32 (2024), against an average of -$2.65.
• Across the five-year window, Debt to Equity gained 7.76% in 2022 and plunged 53.85% in 2026, its largest moves.
• Herbalife's Debt to Equity stood at -$2.13 in 2022, then decreased by 13.64% to -$2.42 in 2023, then fell by 16.74% to -$2.82 in 2024, then tumbled by 38.65% to -$3.91 in 2025, then declined by 17.23% to -$4.59 in 2026.
• The last three Debt to Equity figures came in at -$4.59 (Q1 2026), -$3.91 (Q4 2025), and -$3.3 (Q3 2025), per Business Quant data.