Herbalife Nutrition Ltd. (HLF) Stock

Herbalife Nutrition Ltd. (HLF) is a Consumer Discretionary stock trading at $12.64 (as of 2026-08-21), with a market capitalization of $1.33B and a trailing P/E of 8.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. It offers weight management products, including meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutrition products, which comprise functional beverages, and dietary and nutritional supplements that contain herbs, vitamins, minerals, and other natural ingredients; outer nutrition products, such as facial skin, body, and hair care products; and energy, sports, and fitness products, including N-R-G tea and energy drink products. The company also provides literature, promotional, and other materials that comprise start-up kits, sales tools, and educational materials. It offers its products through independent service providers and sales representatives, as well as through company-operated retail platforms. The company was formerly known as Herbalife Ltd. and changed its name to Herbalife Nutrition Ltd. in April 2018. Herbalife Nutrition Ltd. was founded in 1980 and is headquartered in Los Angeles, California.

Understand Herbalife Nutrition Ltd.: how it makes money

Herbalife Nutrition sells nutrition solutions, including weight management products and targeted nutrition (functional beverages and dietary supplements), primarily through its distributor network, and it makes money from worldwide net sales driven by distributor and customer activity.

Earnings power is structurally tied to distributor and customer-driven product sales volume (tracked by Volume Points), so changes in Volume Points flow through to net sales.

Revenue by segment (latest quarter)
Worldwide$1.3B

Business quality (Weak): Good visibility into companywide net sales and a clear operating volume KPI (Volume Points Decline), but the provided segment breakdown is limited to worldwide net sales only.

Valuation: At 5× earnings, HLF trades 78% below the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Strong gross margin profile: Gross margin is reported at 77.9% for the period ended 2026-03-31.
  • Active distributor footprint and sales leadership: The company reports Active Sales Leaders of 462,000 (operating engagement signal alongside Volume Points tracking).
  • Ongoing distributor program activity: Program and training participation is tracked, including Protocol Beta Program Distributors Signed Up (7,900) and Active Preferred Customers and Non-Sales Leaders (1,700,000).

Bear case

  • Volume pressure: Volume Points Decline is reported at 7.0% (a direct operating headwind to net sales).
  • Net sales headwinds cited in the quarter: The provided roll-forward includes a Net Sales Volume Decline Headwind (0.08), alongside Foreign Exchange Headwind Impact on Net Sales (0.04).
  • Regional sensitivity risk: Smaller regional net sales inputs are shown in the provided candidates (for example, China Net Sales at 0.06), which can increase exposure to localized demand or regulatory shifts.
Valuation — source: SEC EDGAR (first-party)
Price$12.64
Market Cap$1.33B
P/E Ratio8.1
EV / EBITDA4.8
Price / Sales0.25
FCF Yield24.3%
DCF Value (model)$119.73
DCF Upside vs Price846.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.04B
Net Margin4.5%
Revenue Growth (YoY)5.4%
EPS Growth (YoY)-152.1%
FCF Growth (YoY)-70.5%
Financial Health — source: SEC EDGAR
Altman Z-Score2.38 (grey)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E8.1
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Wholesale)24.0
vs Sector-61.0%
vs Industry-66.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($150.97M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryWholesale
CEOStephan Paulo Gratziani
Employees8,600
CountryUS
IPO Date2004-12-16

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HLF earnings history · HLF institutional & insider holders · HLF KPIs & operating metrics · HLF financials · HLF investor presentations & press releases · HLF SEC filings · HLF peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.