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Stocks Comparison

Herbalife vs McKesson: revenue, profit, margins and growth compared

Herbalife brought in $5B of revenue in fiscal 2025, McKesson $403.4B in fiscal 2026. Revenue changed by +0.9% at Herbalife and +12.4% at McKesson on the year before, so McKesson grew faster. Herbalife kept 4.5% of its revenue as net profit, McKesson 1.2%. Free cash flow was $252.9M at Herbalife and $5.7B at McKesson.

Side by side, latest fiscal year

HLFMCK
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$5B$403.4B
Revenue growth+0.9%+12.4%
Net income$228.3M$4.8B
Net margin4.5%1.2%
Free cash flow$252.9M$5.7B
Free cash flow margin5.0%1.4%
Earnings per share (diluted)$2.20$38.38
Cash$353.1M$4B
Debt$2B$6.5B
Price to earnings5.722.6
Market value$1.3B$101B
Dividend yieldn/a0.37%
Rank by revenue in sector#63 of 523 · Health care#2 of 523 · Health care

Over the years

Revenue
HLF FY2018: $4.9BHLF FY2019: $4.9BHLF FY2020: $5.5BHLF FY2021: $5.8BHLF FY2022: $5.2BHLF FY2023: $5.1BHLF FY2024: $5BHLF FY2025: $5BMCK FY2019: $214.3BMCK FY2020: $231.1BMCK FY2021: $238.2BMCK FY2022: $264BMCK FY2023: $276.7BMCK FY2024: $309BMCK FY2025: $359.1BMCK FY2026: $403.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
HLF $5BMCK $403.4B
Net income
HLF FY2018: $296.6MHLF FY2019: $311MHLF FY2020: $372.6MHLF FY2021: $447.2MHLF FY2022: $321.3MHLF FY2023: $142.2MHLF FY2024: $254.3MHLF FY2025: $228.3MMCK FY2019: $34MMCK FY2020: $900MMCK FY2021: -$4.5BMCK FY2022: $1.1BMCK FY2023: $3.6BMCK FY2024: $3BMCK FY2025: $3.3BMCK FY2026: $4.8BFY18FY19FY20FY21FY22FY23FY24FY25FY26
HLF $228.3MMCK $4.8B
Net margin
HLF FY2018: 6.1%HLF FY2019: 6.4%HLF FY2020: 6.7%HLF FY2021: 7.7%HLF FY2022: 6.2%HLF FY2023: 2.8%HLF FY2024: 5.1%HLF FY2025: 4.5%MCK FY2019: 0.0%MCK FY2020: 0.4%MCK FY2021: -1.9%MCK FY2022: 0.4%MCK FY2023: 1.3%MCK FY2024: 1.0%MCK FY2025: 0.9%MCK FY2026: 1.2%FY18FY19FY20FY21FY22FY23FY24FY25FY26
HLF 4.5%MCK 1.2%
Revenue growth
HLF FY2019: -0.3%HLF FY2020: +13.6%HLF FY2021: +4.7%HLF FY2022: -10.3%HLF FY2023: -2.7%HLF FY2024: -1.4%HLF FY2025: +0.9%MCK FY2020: +7.8%MCK FY2021: +3.1%MCK FY2022: +10.8%MCK FY2023: +4.8%MCK FY2024: +11.7%MCK FY2025: +16.2%MCK FY2026: +12.4%FY19FY20FY21FY22FY23FY24FY25FY26
HLF +0.9%MCK +12.4%
Free cash flow
HLF FY2018: $564.4MHLF FY2019: $351.4MHLF FY2020: $516.6MHLF FY2021: $308.9MHLF FY2022: $196.1MHLF FY2023: $222.5MHLF FY2024: $163.4MHLF FY2025: $252.9MMCK FY2019: $3.6BMCK FY2020: $4BMCK FY2021: $4.1BMCK FY2022: $4BMCK FY2023: $4.8BMCK FY2024: $3.9BMCK FY2025: $5.5BMCK FY2026: $5.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
HLF $252.9MMCK $5.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Herbalife and McKesson

Which is bigger by revenue, Herbalife or McKesson?

McKesson is bigger by revenue: $403.4B in fiscal 2026, against $5B for Herbalife in fiscal 2025.

Which keeps more of its revenue as profit, Herbalife or McKesson?

Herbalife had a net margin of 4.5% in fiscal 2025; McKesson had 1.2% in fiscal 2026.

Which grew revenue faster, Herbalife or McKesson?

In their latest fiscal years revenue changed by +0.9% at Herbalife and +12.4% at McKesson.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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