Herbalife Nutrition Ltd. (HLF)

Herbalife Nutrition Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	5,062	5,204	5,803	5,542	4,877
Revenue Growth (YoY)	-2.73%	-10.31%	4.71%	13.63%	-0.30%
Cost of Revenue	1,191	1,174	1,239	1,151	958
Gross Profit	3,871	4,031	4,564	4,391	3,919
Selling, General & Admin	1,866	1,810	2,012	2,075	1,940
Other Operating Expenses	1,649	1,675	1,817	1,676	1,411
Operating Expenses	3,515	3,486	3,829	3,751	3,351
Operating Income	356.4	545.2	734.1	640.6	568.1
Interest Expense / Income	165.9	139.3	153.1	133	153
Other Expense / Income	-12.5	-18.9	20.2	-8.8	-36.3
Pretax Income	203	424.8	560.8	516.4	451.4
Income Tax	60.8	103.5	113.6	143.8	140.4
Net Income	142.2	321.3	447.2	372.6	311
Net Income Growth	-55.74%	-28.15%	20.02%	19.81%	4.86%
Shares Outstanding (Basic)	99	99	106	132	137
Shares Outstanding (Diluted)	100	100	108	135	142
Shares Change	0.70%	-8.13%	-19.48%	-5.01%	-5.28%
EPS (Basic)	1.44	3.26	4.22	2.83	2.26
EPS (Diluted)	1.42	3.23	4.13	2.77	2.20
EPS Growth	-56.04%	-21.79%	49.10%	25.91%	11.11%
Free Cash Flow	222.5	196.1	308.9	516.6	351.4
Free Cash Flow Per Share	2.25	1.99	2.92	3.93	2.56
Gross Margin	76.47%	77.45%	78.64%	79.24%	80.36%
Operating Margin	7.04%	10.48%	12.65%	11.56%	11.65%
Profit Margin	2.81%	6.17%	7.71%	6.72%	6.38%
Free Cash Flow Margin	4.40%	3.77%	5.32%	9.32%	7.21%
Effective Tax Rate	29.95%	24.36%	20.26%	27.85%	31.10%
EBITDA	482.2	679.5	821.5	749.7	702.1
EBITDA Margin	9.53%	13.06%	14.16%	13.53%	14.40%
Depreciation & Amortization	113.3	115.4	107.6	100.3	97.7
EBIT	368.9	564.1	713.9	649.4	604.4
EBIT Margin	7.29%	10.84%	12.30%	11.72%	12.39%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).