Herbalife Nutrition Ltd.

HLFNYSEConsumer Defensive● Active

$11.43

$-0.01(-0.04%)

Market Cap$1.2B

P/E Ratio—

52W High$20.4

52W Low$7.44

Avg Volume1.4M

Open$11.41

Beta0.89

Free Cash Flow Financials Revenue

Herbalife Nutrition Ltd. (HLF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HLF · free cash flow · updated Jun 8, 2026

Core FCF metrics

HLF · FCF · TTM · margin & CAGR

Free cash flow was $252.9M for FY2025 (fiscal year ending 2025-12-31), up 54.8% year-over-year The FCF margin was 5.0%. Five-year CAGR stands at -13.3%.

FY2025 Free Cash Flow$252.9M▲ +54.8% YoY

Trailing 12M (TTM)$373.9Mtrailing 4 quarters sum

FCF Margin5.0%$252.9M ÷ revenue

3-Year CAGR+8.8%FY2022 → FY2025

5-Year CAGR-13.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HLF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$333.3M(80M)$252.9M▲ +54.8%5.0%

FY2024$285.4M(122M)$163.4M▼ 26.6%3.3%

FY2023$357.5M(135M)$222.5M▲ +13.5%4.4%

FY2022$352.5M(156M)$196.1M▼ 36.5%3.8%

FY2021$460.3M(151M)$308.9M▼ 40.2%5.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HLF · P/FCF · FCF yield · FCF per share

Herbalife Nutrition Ltd. (HLF) trades at a FCF yield of 31.55% and a price-to-free-cash-flow ratio of 3.1x. FCF per share stands at $3.64, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

31.55%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.64

TTM FCF ÷ Shares Outstanding

Price / FCF

x3.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x2.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

HLF · cash flow statement · operating / investing / financing

For FY2025, Herbalife Nutrition Ltd. generated $333.3M in operating cash flow and spent 80M in capital expenditures, yielding $252.9M in free cash flow.

Operating Activities

+$333.3M

Cash from core business operations

2025-12-31

Investing Activities

−$108.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$295.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($333.3M) − |CapEx| (80M) = FCF ($252.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

HLF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Herbalife Nutrition Ltd.YOU

HLF

$252.9M+54.8%5.0%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Herbalife Nutrition Ltd. (HLF) reported free cash flow of $252.9M for FY2025 (fiscal year ending 2025-12-31), up 54.8% year-over-year. The FCF margin was 5.0%.

Based on available data, Herbalife Nutrition Ltd. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $625.9M in FY2013. The 5-year CAGR stands at -13.3%.

Herbalife Nutrition Ltd.'s FCF yield is 31.55% and price-to-FCF ratio is 3.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HLF free cash flow · 8 questions

Herbalife Nutrition Ltd. free cash flow was $252.9M for FY2025, up 54.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $373.9M.

HLF free cash flowHLF FCFHLF FCF 2025HLF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Herbalife Nutrition Ltd. · Herbalife Nutrition Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026