Herbalife annual operating margin
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2025
Herbalife Operating Margin Growth & History (HLF)
Herbalife's operating margin was 9.55% for fiscal 2025.
View full Herbalife company overviewHerbalife annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.55% | +1.82 pp |
| 2024 | 2024-12-31 | 7.73% | +0.69 pp |
| 2023 | 2023-12-31 | 7.04% | −3.44 pp |
| 2022 | 2022-12-31 | 10.48% | −2.18 pp |
| 2021 | 2021-12-31 | 12.65% | +1.09 pp |
| 2020 | 2020-12-31 | 11.56% | −0.09 pp |
| 2019 | 2019-12-31 | 11.65% | −2.32 pp |
| 2018 | 2018-12-31 | 13.96% | +0.03 pp |
| 2017 | 2017-12-31 | 13.94% | +3.73 pp |
| 2016 | 2016-12-31 | 10.21% | −2.85 pp |
| 2015 | 2015-12-31 | 13.06% | +2.70 pp |
| 2014 | 2014-12-31 | 10.36% | −4.88 pp |
| 2013 | 2013-12-31 | 15.24% | −1.00 pp |
| 2012 | 2012-12-31 | 16.24% | −0.03 pp |
| 2011 | 2011-12-31 | 16.28% | +2.10 pp |
| 2010 | 2010-12-31 | 14.17% | +1.44 pp |
| 2009 | 2009-12-31 | 12.73% | −1.35 pp |
| 2008 | 2008-12-31 | 14.08% | — |
Herbalife quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.67% | −0.86 pp |
| Q1 2026 | 2026-03-31 | 10.51% | +0.46 pp |
| Q4 2025 | 2025-12-31 | 7.78% | −1.04 pp |
| Q3 2025 | 2025-09-30 | 9.88% | −0.37 pp |
| Q2 2025 | 2025-06-30 | 10.53% | +4.26 pp |
| Q1 2025 | 2025-03-31 | 10.05% | +4.36 pp |
| Q4 2024 | 2024-12-31 | 8.82% | +4.23 pp |
| Q3 2024 | 2024-09-30 | 10.25% | +1.92 pp |
| Q2 2024 | 2024-06-30 | 6.28% | −3.12 pp |
| Q1 2024 | 2024-03-31 | 5.69% | +0.06 pp |
| Q4 2023 | 2023-12-31 | 4.59% | −2.94 pp |
| Q3 2023 | 2023-09-30 | 8.33% | −3.05 pp |
| Q2 2023 | 2023-06-30 | 9.39% | −1.80 pp |
| Q1 2023 | 2023-03-31 | 5.63% | −5.83 pp |
| Q4 2022 | 2022-12-31 | 7.53% | +1.13 pp |
| Q3 2022 | 2022-09-30 | 11.38% | −1.86 pp |
| Q2 2022 | 2022-06-30 | 11.19% | −4.14 pp |
| Q1 2022 | 2022-03-31 | 11.46% | −3.36 pp |
| Q4 2021 | 2021-12-31 | 6.40% | −4.12 pp |
| Q3 2021 | 2021-09-30 | 13.24% | −0.36 pp |
| Q2 2021 | 2021-06-30 | 15.33% | +1.24 pp |
| Q1 2021 | 2021-03-31 | 14.82% | +7.24 pp |
| Q4 2020 | 2020-12-31 | 10.52% | +1.64 pp |
| Q3 2020 | 2020-09-30 | 13.60% | +2.06 pp |
| Q2 2020 | 2020-06-30 | 14.08% | +1.74 pp |
| Q1 2020 | 2020-03-31 | 7.57% | −6.33 pp |
| Q4 2019 | 2019-12-31 | 8.88% | −3.61 pp |
| Q3 2019 | 2019-09-30 | 11.54% | −3.53 pp |
| Q2 2019 | 2019-06-30 | 12.35% | −2.57 pp |
| Q1 2019 | 2019-03-31 | 13.91% | +0.67 pp |
| Q4 2018 | 2018-12-31 | 12.49% | −1.15 pp |
| Q3 2018 | 2018-09-30 | 15.07% | +4.08 pp |
| Q2 2018 | 2018-06-30 | 14.92% | −2.95 pp |
| Q1 2018 | 2018-03-31 | 13.24% | +0.19 pp |
| Q4 2017 | 2017-12-31 | 13.64% | −1.50 pp |
| Q3 2017 | 2017-09-30 | 10.99% | −2.51 pp |
| Q2 2017 | 2017-06-30 | 17.87% | +19.52 pp |
| Q1 2017 | 2017-03-31 | 13.05% | −1.98 pp |
| Q4 2016 | 2016-12-31 | 15.14% | +2.16 pp |
| Q3 2016 | 2016-09-30 | 13.50% | −1.15 pp |
| Q2 2016 | 2016-06-30 | −1.66% | −14.03 pp |
| Q1 2016 | 2016-03-31 | 15.03% | +2.77 pp |
| Q4 2015 | 2015-12-31 | 12.98% | −1.32 pp |
| Q3 2015 | 2015-09-30 | 14.65% | +12.46 pp |
| Q2 2015 | 2015-06-30 | 12.37% | −2.66 pp |
| Q1 2015 | 2015-03-31 | 12.27% | +2.17 pp |
| Q4 2014 | 2014-12-31 | 14.30% | −0.03 pp |
| Q3 2014 | 2014-09-30 | 2.20% | −13.64 pp |
| Q2 2014 | 2014-06-30 | 15.03% | −0.75 pp |
| Q1 2014 | 2014-03-31 | 10.10% | −4.94 pp |
| Q4 2013 | 2013-12-31 | 14.33% | −0.75 pp |
| Q3 2013 | 2013-09-30 | 15.83% | +0.02 pp |
| Q2 2013 | 2013-06-30 | 15.78% | −2.32 pp |
| Q1 2013 | 2013-03-31 | 15.03% | −0.95 pp |
| Q4 2012 | 2012-12-31 | 15.08% | −0.11 pp |
| Q3 2012 | 2012-09-30 | 15.82% | −1.09 pp |
| Q2 2012 | 2012-06-30 | 18.09% | +0.68 pp |
| Q1 2012 | 2012-03-31 | 15.98% | +0.46 pp |
| Q4 2011 | 2011-12-31 | 15.19% | +0.80 pp |
| Q3 2011 | 2011-09-30 | 16.91% | +2.24 pp |
| Q2 2011 | 2011-06-30 | 17.41% | +0.52 pp |
| Q1 2011 | 2011-03-31 | 15.52% | +5.18 pp |
| Q4 2010 | 2010-12-31 | 14.39% | +1.42 pp |
| Q3 2010 | 2010-09-30 | 14.66% | +2.10 pp |
| Q2 2010 | 2010-06-30 | 16.89% | — |
| Q1 2010 | 2010-03-31 | 10.34% | — |
| Q3 2009 | 2009-09-30 | 12.97% | — |
| Q2 2009 | 2009-06-30 | 12.56% | — |
Herbalife operating margin trends
Over the last five reported fiscal years, Herbalife's operating margin decreased from 11.56% to 9.55%, a change of −2.01 percentage points. The latest reported quarter, Q2 2026, shows 9.67%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Herbalife filings at SEC.gov ↗