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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Herbalife (HLF) Debt to Equity (2016 - 2026)

Herbalife's Debt to Equity history spans 17 years, with the latest figure at -$3.87 for Q4 2025.

  • On a quarterly basis, Debt to Equity fell 37.12% to -$3.87 in Q4 2025 year-over-year; TTM through Dec 2025 was -$3.87, a 37.12% decrease, with the full-year FY2025 number at -$3.87, down 37.12% from a year prior.
  • Debt to Equity hit -$3.87 in Q4 2025 for Herbalife, down from -$3.33 in the prior quarter.
  • Over the last five years, Debt to Equity for HLF hit a ceiling of -$1.89 in Q1 2021 and a floor of -$3.87 in Q4 2025.
  • Historically, Debt to Equity has averaged -$2.43 across 5 years, with a median of -$2.27 in 2023.
  • Biggest five-year swings in Debt to Equity: soared 76.52% in 2021 and later plummeted 44.88% in 2025.
  • Tracing HLF's Debt to Equity over 5 years: stood at -$1.99 in 2021, then dropped by 7.11% to -$2.13 in 2022, then fell by 13.64% to -$2.42 in 2023, then dropped by 16.74% to -$2.82 in 2024, then tumbled by 37.12% to -$3.87 in 2025.
  • Business Quant data shows Debt to Equity for HLF at -$3.87 in Q4 2025, -$3.33 in Q3 2025, and -$3.27 in Q2 2025.