Herbalife (HLF) Net Margin (2009 - 2026)
Herbalife's Net Margin came in at -1.98% for Q2 2026, down 5.90 percentage points from 3.92% a year earlier and down 6.68 percentage points from the prior quarter.
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Analysis
Herbalife (HLF) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Herbalife reported Net Margin of 3.16%, down 3.44 percentage points year-over-year; for FY2025, it was 4.53%, down 0.56 percentage points from FY2024.
- Net Margin carries a five-year change of -2.19 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 5.09% in FY2024 (+2.28 pp), 2.81% in FY2023 (-3.36 pp), 6.17% in FY2022 (-1.53 pp) and 7.71% in FY2021 (+0.98 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q4 2017.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2024 (a gain of 13.89 percentage points), and the weakest in Q4 2025 (a drop of 8.08 percentage points).
- Business Quant data shows HLF's Net Margin at 4.70% (Q1 2026), 6.66% (Q4 2025) and 3.39% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | 14.36% |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | 12.93% |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | 11.53% |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | -3.20% |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | 8.24% |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | 13.25% |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 8.37% |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | 13.89% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 9.43% |
| 10 | Herbalife | 1.30 Bn | -167.94 Mn | 1.03 Bn | -1.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.98% |
| Mar 31, 2026 | 4.70% |
| Dec 31, 2025 | 6.66% |
| Sep 30, 2025 | 3.39% |
| Jun 30, 2025 | 3.92% |
| Mar 31, 2025 | 4.13% |
| Dec 31, 2024 | 14.73% |
| Sep 30, 2024 | 3.82% |
| Jun 30, 2024 | 0.37% |
| Mar 31, 2024 | 1.92% |
| Dec 31, 2023 | 0.84% |
| Sep 30, 2023 | 3.34% |
| Jun 30, 2023 | 4.56% |
| Mar 31, 2023 | 2.34% |
| Dec 31, 2022 | 4.61% |
| Sep 30, 2022 | 6.35% |
| Jun 30, 2022 | 6.21% |
| Mar 31, 2022 | 7.35% |
| Dec 31, 2021 | 2.90% |
| Sep 30, 2021 | 8.20% |
API Access
Herbalife Net 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=net-margin&ticker=HLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();