Herbalife (HLF) Return on Invested Capital [ROIC] (2010 - 2026)
Herbalife's Return on Invested Capital [ROIC] was 24.28% in Q2 2026, down 8.93 percentage points from 33.21% a year earlier and down 2.11 percentage points from the prior quarter.
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Analysis
Herbalife (HLF) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Herbalife came in at 27.13%, up 1.06 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -3.84 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 26.06% in FY2024 (+9.01 pp), 17.05% in FY2023 (-12.43 pp), 29.48% in FY2022 (-10.29 pp) and 39.78% in FY2021 (+8.81 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of +5.51 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2025 (a gain of 18.72 percentage points); the worst was Q2 2022 (a drop of 14.76 percentage points).
- Per Business Quant data, HLF's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 26.39% (Q1 2026), 27.63% (Q4 2025) and 33.72% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 336.76 Bn | 292.75 Bn | 10.28 Bn | 17.36% |
| 2 | Colgate Palmolive | 67.18 Bn | 62.24 Bn | 3.30 Bn | 27.25% |
| 3 | Estee Lauder Companies | 33.32 Bn | 21.40 Bn | 2.74 Bn | 2.45% |
| 4 | Kenvue | 33.09 Bn | 28.70 Bn | 2.30 Bn | 10.24% |
| 5 | Kimberly Clark | 31.38 Bn | 28.71 Bn | 1.60 Bn | 19.45% |
| 6 | Church & Dwight | 22.37 Bn | 20.90 Bn | 693.90 Mn | 13.09% |
| 7 | Clorox | 9.72 Bn | 8.16 Bn | 804.00 Mn | 26.61% |
| 8 | e.l.f. Beauty | 6.17 Bn | 5.15 Bn | 398.84 Mn | 4.57% |
| 9 | Reynolds Consumer Products | 4.71 Bn | 4.37 Bn | 245.00 Mn | 11.14% |
| 10 | Herbalife | 1.32 Bn | -156.41 Mn | 1.03 Bn | 24.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.28% |
| Mar 31, 2026 | 26.39% |
| Dec 31, 2025 | 27.63% |
| Sep 30, 2025 | 33.72% |
| Jun 30, 2025 | 33.21% |
| Mar 31, 2025 | 29.95% |
| Dec 31, 2024 | 27.90% |
| Sep 30, 2024 | 16.52% |
| Jun 30, 2024 | 14.49% |
| Mar 31, 2024 | 16.59% |
| Dec 31, 2023 | 16.92% |
| Sep 30, 2023 | 19.92% |
| Jun 30, 2023 | 23.01% |
| Mar 31, 2023 | 24.80% |
| Dec 31, 2022 | 29.26% |
| Sep 30, 2022 | 29.01% |
| Jun 30, 2022 | 32.18% |
| Mar 31, 2022 | 38.77% |
| Dec 31, 2021 | 41.81% |
| Sep 30, 2021 | 42.18% |
API Access
Herbalife Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();