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Herbalife vs NU Skin Enterprises: revenue, profit, margins and growth compared

Herbalife brought in $5B of revenue in fiscal 2025, NU Skin Enterprises $1.5B in fiscal 2025. Revenue changed by +0.9% at Herbalife and -14.3% at NU Skin Enterprises on the year before, so Herbalife grew faster. Herbalife kept 4.5% of its revenue as net profit, NU Skin Enterprises 10.8%. Free cash flow was $252.9M at Herbalife and $46M at NU Skin Enterprises.

Side by side, latest fiscal year

HLFNUS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5B$1.5B
Revenue growth+0.9%-14.3%
Net income$228.3M$160.2M
Net margin4.5%10.8%
Free cash flow$252.9M$46M
Free cash flow margin5.0%3.1%
Earnings per share (diluted)$2.20$3.18
Cash$353.1M$238.6M
Debt$2B$224.2M
Price to earnings5.71.5
Market value$1.3B$225.4M
Dividend yieldn/an/a
Rank by revenue in sector#63 of 523 · Health care#122 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: $5BNUS FY2018: $2.7BNUS FY2019: $2.4BNUS FY2020: $2.6BNUS FY2021: $2.7BNUS FY2022: $2.2BNUS FY2023: $2BNUS FY2024: $1.7BNUS FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
HLF $5BNUS $1.5B
Net income
HLF FY2018: $296.6MHLF FY2019: $311MHLF FY2020: $372.6MHLF FY2021: $447.2MHLF FY2022: $321.3MHLF FY2023: $142.2MHLF FY2024: $254.3MHLF FY2025: $228.3MNUS FY2018: $121.9MNUS FY2019: $173.6MNUS FY2020: $191.4MNUS FY2021: $147.3MNUS FY2022: $104.8MNUS FY2023: $8.6MNUS FY2024: -$146.6MNUS FY2025: $160.2MFY18FY19FY20FY21FY22FY23FY24FY25
HLF $228.3MNUS $160.2M
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%NUS FY2018: 4.5%NUS FY2019: 7.2%NUS FY2020: 7.4%NUS FY2021: 5.5%NUS FY2022: 4.7%NUS FY2023: 0.4%NUS FY2024: -8.5%NUS FY2025: 10.8%FY18FY19FY20FY21FY22FY23FY24FY25
HLF 4.5%NUS 10.8%
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%NUS FY2019: -9.7%NUS FY2020: +6.7%NUS FY2021: +4.4%NUS FY2022: -17.4%NUS FY2023: -11.5%NUS FY2024: -12.0%NUS FY2025: -14.3%FY19FY20FY21FY22FY23FY24FY25
HLF +0.9%NUS -14.3%
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: $252.9MNUS FY2018: $132.4MNUS FY2019: $111.9MNUS FY2020: $315.3MNUS FY2021: $73MNUS FY2022: $49MNUS FY2023: $60.1MNUS FY2024: $70.2MNUS FY2025: $46MFY18FY19FY20FY21FY22FY23FY24FY25
HLF $252.9MNUS $46M

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

Questions about Herbalife and NU Skin Enterprises

Which is bigger by revenue, Herbalife or NU Skin Enterprises?

Herbalife is bigger by revenue: $5B in fiscal 2025, against $1.5B for NU Skin Enterprises in fiscal 2025.

Which keeps more of its revenue as profit, Herbalife or NU Skin Enterprises?

Herbalife had a net margin of 4.5% in fiscal 2025; NU Skin Enterprises had 10.8% in fiscal 2025.

Which grew revenue faster, Herbalife or NU Skin Enterprises?

In their latest fiscal years revenue changed by +0.9% at Herbalife and -14.3% at NU Skin Enterprises.

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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