Herbalife annual free cash flow
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2025
Herbalife Free Cash Flow (FCF) History (HLF)
Herbalife reported $252.9M in free cash flow for fiscal 2025, an increase of 54.77% from the previous fiscal year, with a free cash flow margin of 5.02%.
View full Herbalife company overviewHerbalife free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $252.9M | $89.5M | +54.77% | +5.02% |
| 2024 | 2024-12-31 | $163.4M | −$59.1M | −26.56% | +3.27% |
| 2023 | 2023-12-31 | $222.5M | $26.4M | +13.46% | +4.40% |
| 2022 | 2022-12-31 | $196.1M | −$112.8M | −36.52% | +3.77% |
| 2021 | 2021-12-31 | $308.9M | −$207.7M | −40.21% | +5.32% |
| 2020 | 2020-12-31 | $516.6M | $165.2M | +47.01% | +9.32% |
| 2019 | 2019-12-31 | $351.4M | −$213.0M | −37.74% | +7.21% |
| 2018 | 2018-12-31 | $564.4M | $69.1M | +13.95% | +11.54% |
| 2017 | 2017-12-31 | $495.3M | $271.4M | +121.21% | +11.19% |
| 2016 | 2016-12-31 | $223.9M | −$325.8M | −59.27% | +4.99% |
| 2015 | 2015-12-31 | $549.7M | $212.0M | +62.78% | +12.30% |
| 2014 | 2014-12-31 | $337.7M | −$288.3M | −46.05% | +6.81% |
| 2013 | 2013-12-31 | $626.0M | $179.7M | +40.26% | +12.97% |
| 2012 | 2012-12-31 | $446.3M | $26.2M | +6.22% | +10.96% |
| 2011 | 2011-12-31 | $420.1M | $100.4M | +31.39% | +12.16% |
| 2010 | 2010-12-31 | $319.8M | $94.5M | +41.93% | +11.69% |
| 2009 | 2009-12-31 | $225.3M | $40.9M | +22.18% | +9.69% |
| 2008 | 2008-12-31 | $184.4M | — | — | +7.82% |
Herbalife quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.6M | −$51.6M | −70.49% | +1.63% |
| Q1 2026 | 2026-03-31 | $102.9M | $121.0M | — | +7.81% |
| Q4 2025 | 2025-12-31 | $79.8M | $35.9M | +81.78% | +6.22% |
| Q3 2025 | 2025-09-30 | $118.0M | $45.6M | +62.98% | +9.26% |
| Q2 2025 | 2025-06-30 | $73.2M | $7.0M | +10.57% | +5.81% |
| Q1 2025 | 2025-03-31 | −$18.1M | $1.0M | — | −1.48% |
| Q4 2024 | 2024-12-31 | $43.9M | −$16.9M | −27.80% | +3.64% |
| Q3 2024 | 2024-09-30 | $72.4M | $23.9M | +49.28% | +5.84% |
| Q2 2024 | 2024-06-30 | $66.2M | −$31.1M | −31.96% | +5.17% |
| Q1 2024 | 2024-03-31 | −$19.1M | −$35.0M | — | −1.51% |
| Q4 2023 | 2023-12-31 | $60.8M | $50.0M | +462.96% | +5.00% |
| Q3 2023 | 2023-09-30 | $48.5M | $16.6M | +52.04% | +3.79% |
| Q2 2023 | 2023-06-30 | $97.3M | $33.1M | +51.56% | +7.40% |
| Q1 2023 | 2023-03-31 | $15.9M | −$73.3M | −82.17% | +1.27% |
| Q4 2022 | 2022-12-31 | $10.8M | −$27.7M | −71.95% | +0.91% |
| Q3 2022 | 2022-09-30 | $31.9M | −$20.0M | −38.54% | +2.46% |
| Q2 2022 | 2022-06-30 | $64.2M | −$77.6M | −54.72% | +4.61% |
| Q1 2022 | 2022-03-31 | $89.2M | $12.5M | +16.30% | +6.68% |
| Q4 2021 | 2021-12-31 | $38.5M | −$37.6M | −49.41% | +2.92% |
| Q3 2021 | 2021-09-30 | $51.9M | −$53.2M | −50.62% | +3.63% |
| Q2 2021 | 2021-06-30 | $141.8M | −$76.3M | −34.98% | +9.13% |
| Q1 2021 | 2021-03-31 | $76.7M | −$40.6M | −34.61% | +5.11% |
| Q4 2020 | 2020-12-31 | $76.1M | −$53.9M | −41.46% | +5.39% |
| Q3 2020 | 2020-09-30 | $105.1M | −$53.2M | −33.61% | +6.91% |
| Q2 2020 | 2020-06-30 | $218.1M | $166.5M | +322.67% | +16.19% |
| Q1 2020 | 2020-03-31 | $117.3M | $105.8M | +920.00% | +9.29% |
| Q4 2019 | 2019-12-31 | $130.0M | $19.6M | +17.75% | +10.65% |
| Q3 2019 | 2019-09-30 | $158.3M | $16.2M | +11.40% | +12.72% |
| Q2 2019 | 2019-06-30 | $51.6M | −$119.7M | −69.88% | +4.16% |
| Q1 2019 | 2019-03-31 | $11.5M | −$129.1M | −91.82% | +0.98% |
| Q4 2018 | 2018-12-31 | $110.4M | −$48.4M | −30.48% | +9.30% |
| Q3 2018 | 2018-09-30 | $142.1M | $36.8M | +34.95% | +11.43% |
| Q2 2018 | 2018-06-30 | $171.3M | $91.1M | +113.59% | +13.33% |
| Q1 2018 | 2018-03-31 | $140.6M | −$10.4M | −6.89% | +11.95% |
| Q4 2017 | 2017-12-31 | $158.8M | $72.9M | +84.87% | +14.52% |
| Q3 2017 | 2017-09-30 | $105.3M | $248.4M | — | +9.70% |
| Q2 2017 | 2017-06-30 | $80.2M | −$89.5M | −52.74% | +6.99% |
| Q1 2017 | 2017-03-31 | $151.0M | $39.6M | +35.55% | +13.70% |
| Q4 2016 | 2016-12-31 | $85.9M | −$28.1M | −24.65% | +8.22% |
| Q3 2016 | 2016-09-30 | −$143.1M | −$260.0M | — | −12.75% |
| Q2 2016 | 2016-06-30 | $169.7M | −$10.8M | −5.98% | +14.12% |
| Q1 2016 | 2016-03-31 | $111.4M | −$26.9M | −19.45% | +9.95% |
| Q4 2015 | 2015-12-31 | $114.0M | $85.8M | +304.96% | +10.38% |
| Q3 2015 | 2015-09-30 | $116.9M | $49.5M | +73.44% | +10.60% |
| Q2 2015 | 2015-06-30 | $180.5M | $70.5M | +64.09% | +15.53% |
| Q1 2015 | 2015-03-31 | $138.3M | $6.2M | +4.65% | +12.51% |
| Q4 2014 | 2014-12-31 | $28.2M | −$112.6M | −80.00% | +2.48% |
| Q3 2014 | 2014-09-30 | $67.4M | −$122.4M | −64.49% | +5.37% |
| Q2 2014 | 2014-06-30 | $110.0M | −$72.6M | −39.77% | +8.42% |
| Q1 2014 | 2014-03-31 | $132.1M | $19.4M | +17.18% | +10.47% |
| Q4 2013 | 2013-12-31 | $140.8M | $35.1M | +33.28% | +11.09% |
| Q3 2013 | 2013-09-30 | $189.8M | $66.9M | +54.39% | +15.64% |
| Q2 2013 | 2013-06-30 | $182.6M | $60.6M | +49.64% | +14.98% |
| Q1 2013 | 2013-03-31 | $112.8M | $17.1M | +17.87% | +10.04% |
| Q4 2012 | 2012-12-31 | $105.6M | $17.6M | +20.00% | +9.97% |
| Q3 2012 | 2012-09-30 | $122.9M | −$3.0M | −2.35% | +12.09% |
| Q2 2012 | 2012-06-30 | $122.0M | −$4.5M | −3.58% | +11.83% |
| Q1 2012 | 2012-03-31 | $95.7M | $16.0M | +20.13% | +9.92% |
| Q4 2011 | 2011-12-31 | $88.0M | −$2.8M | −3.09% | +9.95% |
| Q3 2011 | 2011-09-30 | $125.9M | $43.7M | +53.14% | +14.06% |
| Q2 2011 | 2011-06-30 | $126.6M | $55.7M | +78.51% | +14.39% |
| Q1 2011 | 2011-03-31 | $79.6M | $3.8M | +5.06% | +10.02% |
| Q4 2010 | 2010-12-31 | $90.8M | $773,000 | +0.86% | +12.30% |
| Q3 2010 | 2010-09-30 | $82.2M | — | — | +11.94% |
| Q2 2010 | 2010-06-30 | $70.9M | — | — | +10.29% |
| Q1 2010 | 2010-03-31 | $75.8M | — | — | +12.25% |
| Q3 2009 | 2009-09-30 | $90.1M | — | — | +15.00% |
Herbalife free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $516.6M to $252.9M, a compound annual decline of 13.31%. Herbalife's latest reported quarter, Q2 2026, generated $21.6M in free cash flow, a decrease of 70.49% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Herbalife filings at SEC.gov ↗