Herbalife Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	320.8	254.3	142.2	321.3	447.2	372.6
Depreciation & Amortization	120.9	121.4	113.3	115.4	107.6	100.3
Stock-Based Compensation	46.5	50	48	44.4	54.1	51
Other Operating Activities	-133.5	-172.8	6.3	-5.5	69.7	64.5
Change in Accounts Receivable	-16.1	5.9	-12.6	-9.1	9.6	-5.8
Change in Inventory	-18.5	-30.4	57.5	-68.4	-129.1	-76.6
Change in Accounts Payable	-3.1	-14.6	-7.4	-1.1	6.9	5.5
Change in Other Net Operating Assets	-12.4	71.6	10.2	-44.5	-105.7	117.1
Operating Cash Flow	304.6	285.4	357.5	352.5	460.3	628.6
Operating Cash Flow Growth	-2.34%	-20.17%	1.42%	-23.42%	-26.77%	37.40%
Capital Expenditures	-87.6	-122	-135	-156.4	-151.4	-112
Other Investing Activities	-2.5	37.4	0.2	0.2	-5	-11.2
Investing Cash Flow	-115.6	-84.6	-134.8	-156.2	-156.4	-123.2
Long-Term Debt Issued	-	2,173	215.2	841.7	1,271	631.5
Long-Term Debt Repaid	-	-2,478	-353.9	-956.7	-984.2	-24.5
Net Debt Issued (Repaid)	-259.2	-305.5	-138.7	-115	286.9	607
Repurchase of Common Stock	-10.7	-8.3	-11	-146.7	-1,011	-923.5
Other Financing Activities	-1.9	-21.5	1.4	-3	-4.2	-4.4
Financing Cash Flow	-271.8	-335.3	-148.3	-264.7	-728.6	-320.9
Foreign Exchange Rate Adjustments	-7.1	-22.9	4.8	-25.7	-18.9	22
Net Cash Flow	-89.9	-157.4	79.2	-94.1	-443.6	206.5
Free Cash Flow	217	163.4	222.5	196.1	308.9	516.6
Free Cash Flow Growth	20.36%	-26.56%	13.46%	-36.52%	-40.20%	47.01%
Free Cash Flow Margin	4.37%	3.27%	4.40%	3.77%	5.32%	9.32%
Free Cash Flow Per Share	2.11	1.61	2.22	1.97	2.85	3.84
Cash Interest Paid	194.4	194.4	159.1	133.5	143.5	78.9
Cash Income Tax Paid	146.5	146.5	133.1	144.9	156.3	138.2
Levered Free Cash Flow	279.3	279.95	223.34	148.75	220.89	440.95
Unlevered Free Cash Flow	416.74	416.39	327.03	235.81	316.58	524.08
Change in Working Capital	-50.1	32.5	47.7	-123.1	-218.3	40.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.