Herbalife (HLF) Operating Margin (2009 - 2026)
Herbalife (HLF) posted Operating Margin of 10.26% for Q3 2026, up 0.38 percentage points from 9.88% a year earlier and up 0.59 percentage points from the prior quarter.
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Analysis
Herbalife (HLF) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Herbalife was 9.57%, down 0.26 percentage points year-over-year; for FY2025, it came in at 9.55%, up 1.82 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -2.01 percentage points (FY2020 to FY2025).
- In prior years, Herbalife's Operating Margin was 7.73% in FY2024 (+0.69 pp), 7.04% in FY2023 (-3.44 pp), 10.48% in FY2022 (-2.18 pp) and 12.65% in FY2021 (+1.09 pp).
- Quarterly Operating Margin has run from a low of 4.59% in Q4 2023 to a high of 11.46% in Q1 2022 over five years.
- On a year-over-year basis, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +1.43 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2025, with a gain of 4.36 percentage points; the weakest was Q1 2023, with a drop of 5.83 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 9.67% (Q2 2026), 10.51% (Q1 2026) and 7.78% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 389.52 Bn | 341.08 Bn | 11.60 Bn | 25.51% |
| 2 | Colgate Palmolive | 77.87 Bn | 72.35 Bn | 3.23 Bn | 20.26% |
| 3 | Estee Lauder Companies | 40.86 Bn | 27.95 Bn | 2.81 Bn | 10.98% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 18.17% |
| 5 | Kimberly Clark | 36.57 Bn | 32.51 Bn | 1.44 Bn | 12.48% |
| 6 | Church & Dwight | 26.26 Bn | 24.65 Bn | 749.40 Mn | 18.19% |
| 7 | Clorox | 12.68 Bn | 10.94 Bn | 770.00 Mn | 23.67% |
| 8 | e.l.f. Beauty | 6.96 Bn | 5.78 Bn | 370.22 Mn | 10.07% |
| 9 | Reynolds Consumer Products | 5.15 Bn | 4.85 Bn | 236.00 Mn | 13.77% |
| 10 | Herbalife | 1.64 Bn | 57.14 Mn | 1.04 Bn | 10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.26% |
| Jun 30, 2026 | 9.67% |
| Mar 31, 2026 | 10.51% |
| Dec 31, 2025 | 7.78% |
| Sep 30, 2025 | 9.88% |
| Jun 30, 2025 | 10.53% |
| Mar 31, 2025 | 10.05% |
| Dec 31, 2024 | 8.82% |
| Sep 30, 2024 | 10.25% |
| Jun 30, 2024 | 6.28% |
| Mar 31, 2024 | 5.69% |
| Dec 31, 2023 | 4.59% |
| Sep 30, 2023 | 8.33% |
| Jun 30, 2023 | 9.39% |
| Mar 31, 2023 | 5.63% |
| Dec 31, 2022 | 7.53% |
| Sep 30, 2022 | 11.38% |
| Jun 30, 2022 | 11.19% |
| Mar 31, 2022 | 11.46% |
| Dec 31, 2021 | 6.40% |
API Access
Herbalife Operating 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=operating-margin&ticker=HLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();