Herbalife (HLF) Shares Outstanding (2009 - 2026)
Herbalife (HLF) posted Shares Outstanding of 104.5 million for Q2 2026, up 1.8% from 102.7 million a year earlier and up 0.7% from the prior quarter.
Analysis
Herbalife (HLF) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Herbalife's Shares Outstanding came in at 102.8 million, up 2.2% from FY2024.
- Annual Shares Outstanding has increased for three consecutive years, though with a five-year compound annual growth rate of -4.8% (FY2020 to FY2025).
- In prior years, Herbalife's Shares Outstanding was 100.6 million in FY2024 (+1.6%), 99 million in FY2023 (+0.5%), 98.5 million in FY2022 (-7.0%) and 105.9 million in FY2021 (-19.5%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding since Q4 2021.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 13 quarters, with growth averaging 2.0% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2025, with growth of 2.4%; the weakest was Q4 2021, with a decline of 19.5%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 103.8 million (Q1 2026), 102.8 million (Q4 2025) and 103.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 387.18 Bn | 342.94 Bn | 10.28 Bn | 2.33 Bn |
| 2 | Colgate Palmolive | 77.22 Bn | 71.95 Bn | 3.30 Bn | 799.40 Mn |
| 3 | Estee Lauder Companies | 38.21 Bn | 26.29 Bn | 2.74 Bn | 362.30 Mn |
| 4 | Kenvue | 37.56 Bn | 33.18 Bn | 2.30 Bn | 1.92 Bn |
| 5 | Kimberly Clark | 36.62 Bn | 33.82 Bn | 1.60 Bn | 332.40 Mn |
| 6 | Church & Dwight | 25.56 Bn | 24.08 Bn | 693.90 Mn | 236.70 Mn |
| 7 | Clorox | 10.59 Bn | 8.86 Bn | 804.00 Mn | 121.78 Mn |
| 8 | e.l.f. Beauty | 6.64 Bn | 5.61 Bn | 398.84 Mn | 59.14 Mn |
| 9 | Reynolds Consumer Products | 4.89 Bn | 4.55 Bn | 245.00 Mn | 210.60 Mn |
| 10 | Herbalife | 1.45 Bn | -31.93 Mn | 1.03 Bn | 104.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.50 Mn |
| Mar 31, 2026 | 103.80 Mn |
| Dec 31, 2025 | 102.80 Mn |
| Sep 30, 2025 | 103.30 Mn |
| Jun 30, 2025 | 102.70 Mn |
| Mar 31, 2025 | 101.50 Mn |
| Dec 31, 2024 | 100.60 Mn |
| Sep 30, 2024 | 100.90 Mn |
| Jun 30, 2024 | 100.60 Mn |
| Mar 31, 2024 | 99.70 Mn |
| Dec 31, 2023 | 99.00 Mn |
| Sep 30, 2023 | 99.20 Mn |
| Jun 30, 2023 | 99.10 Mn |
| Mar 31, 2023 | 98.50 Mn |
| Dec 31, 2022 | 98.50 Mn |
| Sep 30, 2022 | 98.00 Mn |
| Jun 30, 2022 | 98.20 Mn |
| Mar 31, 2022 | 99.90 Mn |
| Dec 31, 2021 | 105.90 Mn |
| Sep 30, 2021 | 105.50 Mn |
API Access
Herbalife Shares Outstanding 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=shares-outstanding&ticker=HLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=HLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();