Herbalife (HLF) Gross Margin (2009 - 2026)
Herbalife (HLF) recorded Gross Margin of 77.67% in Q2 2026, down 0.34 percentage points from 78.01% a year earlier and down 0.23 percentage points from the prior quarter.
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Analysis
Herbalife (HLF) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Herbalife's Gross Margin came in at 77.70% as of Jun 30, 2026, down 0.42 percentage points year-over-year; for FY2025, it was 77.87%, down 0.01 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -1.36 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 77.88% in FY2024 (+1.41 pp), 76.47% in FY2023 (-0.98 pp), 77.45% in FY2022 (-1.19 pp) and 78.64% in FY2021 (-0.59 pp).
- Quarterly Gross Margin has ranged from 76.15% in Q1 2023 to 78.67% in Q3 2021 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +0.34 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.00 percentage points in Q3 2024, against a drop of 2.06 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 77.90% (Q1 2026), 77.53% (Q4 2025) and 77.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | 48.50% |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | 61.48% |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | 58.18% |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | 75.46% |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | 38.27% |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | 45.35% |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 41.27% |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | 83.20% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 25.95% |
| 10 | Herbalife | 1.30 Bn | -167.94 Mn | 1.03 Bn | 77.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.67% |
| Mar 31, 2026 | 77.90% |
| Dec 31, 2025 | 77.53% |
| Sep 30, 2025 | 77.69% |
| Jun 30, 2025 | 78.01% |
| Mar 31, 2025 | 78.29% |
| Dec 31, 2024 | 77.84% |
| Sep 30, 2024 | 78.34% |
| Jun 30, 2024 | 77.90% |
| Mar 31, 2024 | 77.46% |
| Dec 31, 2023 | 76.33% |
| Sep 30, 2023 | 76.34% |
| Jun 30, 2023 | 77.05% |
| Mar 31, 2023 | 76.15% |
| Dec 31, 2022 | 77.51% |
| Sep 30, 2022 | 77.99% |
| Jun 30, 2022 | 77.32% |
| Mar 31, 2022 | 77.01% |
| Dec 31, 2021 | 77.50% |
| Sep 30, 2021 | 78.67% |
API Access
Herbalife Gross Margin 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=gross-margin&ticker=HLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();