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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 - 2025)

Herbalife's Debt to Equity history spans 17 years, with the latest figure at -$3.91 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 38.65% year-over-year to -$3.91; the TTM value through Dec 2025 reached -$3.91, down 38.65%, while the annual FY2025 figure was -$3.91, 38.65% down from the prior year.
  • Debt to Equity for Q4 2025 was -$3.91 at Herbalife, down from -$3.3 in the prior quarter.
  • Across five years, Debt to Equity topped out at -$1.89 in Q1 2021 and bottomed at -$3.91 in Q4 2025.
  • The 5-year median for Debt to Equity is -$2.27 (2023), against an average of -$2.43.
  • The largest annual shift saw Debt to Equity surged 76.52% in 2021 before it crashed 44.88% in 2025.
  • A 5-year view of Debt to Equity shows it 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 crashed by 38.65% to -$3.91 in 2025.
  • Per Business Quant, the three most recent readings for HLF's Debt to Equity are -$3.91 (Q4 2025), -$3.3 (Q3 2025), and -$3.27 (Q2 2025).