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Herbalife HLF Operating margin

Operating margin at other companies

SMP
The Simply Good Foods CompanySMPL
-8.2%-23.5pp
BellRing Brands logo
BellRing BrandsBRBR
12.5%-7.3pp
Celsius Holdings, Inc. logo
Celsius Holdings, Inc.CELH
7.7%
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
-22.9%-34.4pp
United Natural Foods logo
United Natural FoodsUNFI
0.2%+0.1pp
Abbott logo
AbbottABT
17.1%+0.2pp

Other financials

Income statement

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Revenue$1.3B+7.8%
Gross profit$1.0B+7.3%
Operating income$138.4M+12.7%
Net income$61.9M+22.8%
EPS (diluted)$0.57+16.3%

Balance sheet

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Cash & equivalents$451.2M+37.0%
Total debt$2.2B-9.1%
Total equity-$441.5M+40.0%
Total assets$2.9B+7.1%

Cash flow

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Operating cash flow$113.8M+56,800%
CapEx$10.9M-40.4%
Free cash flow$102.9M+669%

Valuation

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Market cap$1.29B+57.9%
Enterprise value$3.02B+4.6%
P/E5.4×+2.5×
P/S0.3×+0.1×

Profitability

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Gross margin77.8%-0.3pp
Net margin4.7%-1.0pp
FCF margin7.3%+4.0pp

Returns & leverage

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Return on equity219.8%
Debt / equity10.4×
Current ratio1.2×+0.3×

Where this comes from

Calculated from Herbalife’s reported figures.

Based on trailing twelve months.

The official record: Herbalife’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Herbalife's operating margin?
Herbalife (HLF) reported operating margin of 9.7% in Q1 2026.
How has Herbalife's operating margin changed year-over-year?
Herbalife's operating margin increased by 9.6% year-over-year, from 8.8% to 9.7%.
What is the long-term trend for Herbalife's operating margin?
Over 5 years (2020 to 2025), Herbalife's operating margin has grown at a -3.8% compound annual growth rate (CAGR), from 11.6% to 9.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.