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HLF NYSE

Herbalife Nutrition Ltd.
1W: -2.0% 1M: +7.1% 3M: +7.8% YTD: +5.2% 1Y: +61.8% 3Y: -5.0% 5Y: -69.8%
$13.47
+0.19 (+1.43%)
 
Weekly Expected Move ±5.1%
$12 $13 $13 $14 $15
NYSE · Consumer Defensive · Packaged Foods · Tech Score Neutral · Power 59 · $1.4B mcap · 102M float · 1.57% daily turnover · Short 59% of daily vol
Credit Risk of going bust: higher than 82% of companies Debt: 61.2% of company value Bonds: $151.1M held by 147 funds, 318 bp over Treasuries → details ▾
Of US companies ranked in the second-riskiest tenth, about 1 in 87 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.52 (down 89%), Herbalife Nutrition Ltd. would be worth roughly what it owes.
Total debt $2.20B against a stock market value of $1.40B.
Distance to default 2.42 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.01B (short-term plus half of long-term), stock volatility 58.1%; Altman Z 2.36. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE
51.4 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 26.1%
Cost Advantage ★
58
Intangibles
56
Switching Cost
46
Network Effect
48
Scale
47
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. HLF shows a Weak competitive edge (51.4/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Cost Advantage. ROIC of 26.1% confirms the company is generating returns well above its cost of capital — a hallmark of durable competitive advantages.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$21
Low
$21
Avg Target
$21
High
Based on 1 analyst since Aug 5, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 14Hold: 11Sell: 1Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$21.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-09-17 UBS — Initiated $21 — +77.5% $11.83
2026-05-04 Mizuho Securities John Baumgartner $13 $17 +4 +4.4% $16.28
2026-01-08 Mizuho Securities — $11 $13 +2 -8.7% $14.24
2026-01-06 Maxim Group Anthony Vendetti Initiated $20 — +43.5% $13.93
2025-11-26 Argus Research — Initiated $15 — +26.8% $11.83
2025-03-21 D.A. Davidson — $10 $14 +4 +66.1% $8.43
2024-06-07 Mizuho Securities John Baumgartner $10 $11 +1 -3.8% $11.43
2024-03-25 D.A. Davidson Linda Bolton Weiser Initiated $10 — +1.8% $9.33
2024-03-21 Mizuho Securities John Baumgartner Initiated $10 — +9.8% $9.11
2022-05-04 Citigroup — Initiated $36 — +30.6% $27.57

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B-
Oct 27, 2026
DCF
3
ROE
1
ROA
4
D/E
1
P/E
4
P/B
1
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. HLF receives an overall rating of B-. Strongest factors: ROA (4/5), P/E (4/5). Areas of concern: ROE (1/5), D/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-04-01 C+ B-
2026-02-21 B- C+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 49 Grade C
Profitability
32
Balance Sheet
34
Earnings Quality
74
Growth
37
Value
61
Momentum
58
Safety
50
Cash Flow
66
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. HLF scores highest in Earnings Quality (74/100) and lowest in Profitability (32/100). A grade of C represents mixed fundamentals — strengths in some areas offset by weaknesses.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
2.35
Grey Zone
Piotroski F-Score
6/9
✓ ✓ ✗ ✓ ✓ ✓ ✗ ✗ ✓
Beneish M-Score
-2.96
Unlikely Manipulator
Ohlson O-Score
-5.16
Bankruptcy prob: 0.6%
Low Risk
Credit Rating
B-
Score: 20.0/100
Trend: Stable
Earnings Quality
75/100
OCF/NI: 3.03x
Accruals: -11.9%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. HLF scores 2.35, placing it in the Grey Zone (safe > 2.99, distress < 1.81). Financial distress is possible and warrants monitoring. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. HLF scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. HLF's score of -2.96 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. HLF's implied 0.6% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. HLF receives an estimated rating of B- (score: 20.0/100), with a stable trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). HLF's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
8.42x
PEG
-0.17x
P/S
0.27x
P/B
-2.97x
P/FCF
3.23x
P/OCF
2.76x
EV/EBITDA
6.08x
EV/Revenue
0.62x
EV/EBIT
7.88x
EV/FCF
7.54x
Earnings Yield
11.95%
FCF Yield
30.94%
Shareholder Yield
0.28%
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 8.4x earnings, HLF trades at a deep value multiple. An earnings yield of 11.9% exceeds typical risk-free rates, suggesting equities are being compensated for risk.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.770
NI / EBT
×
Interest Burden
0.524
EBT / EBIT
×
EBIT Margin
0.078
EBIT / Rev
×
Asset Turnover
1.859
Rev / Assets
×
Equity Multiplier
-4.928
Assets / Equity
=
ROE
-28.9%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. HLF's ROE of -28.9% is driven by Asset Turnover (1.859), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
$13.36
Price/Value
0.98x
Margin of Safety
1.54%
Premium
-1.54%
Assessment
Neutral
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with HLF's realized 0.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. HLF trades at a -2% premium to its adjusted intrinsic value of $13.36, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 8.4x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$13.49
Median 1Y
$10.12
5th Pctile
$3.89
95th Pctile
$26.20
Ann. Volatility
56.7%
Analyst Target
$21.00
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Michael O. Johnson
Executive Chairman and Former Chief Executive Officer
$944,001 $3,999,994 $8,662,643
Stephan Gratziani
Chief Executive Officer and Former President
$930,385 $2,799,996 $7,384,841
Frank Lamberti Commercial
ercial Officer
$630,769 $849,990 $2,482,295
Henry Wang Legal
Legal Officer and Corporate Secretary
$636,346 $699,993 $2,269,884
Robert Levy
President
$624,923 $576,706 $2,093,558
John DeSimone Financial
ancial Officer
$2,031 $— $2,031

CEO Pay Ratio

21:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $8,662,643
Avg Employee Cost (SGA/emp): $405,494
Employees: 8,500

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
8,500
-1.2% YoY
Revenue / Employee
$592,647
Rev: $5,037,500,000
Profit / Employee
$26,859
NI: $228,300,000
SGA / Employee
$405,494
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE -43.0% -39.8% -28.3% -25.1% -22.6% -24.2% -18.9% -17.6% -15.1% -12.2% -12.1% -7.5% -8.4% -27.3% -31.6% -38.3% -41.0% -34.7% -40.7% -28.9% -28.93%
ROA 16.7% 15.2% 14.5% 11.8% 10.9% 11.6% 9.2% 8.1% 6.8% 5.1% 5.1% 3.1% 3.2% 9.2% 10.5% 12.2% 12.0% 8.3% 8.6% 5.9% 5.87%
ROIC 62.0% 57.8% 51.4% 42.3% 37.3% 35.9% 29.9% 28.4% 25.0% 22.0% 20.3% 17.0% 19.4% 46.2% 44.5% 42.7% 43.4% 25.6% -51.8% 26.1% 26.08%
ROCE 42.9% 41.0% 37.4% 33.6% 31.4% 31.6% 32.3% 28.8% 25.9% 24.1% 22.0% 19.7% 24.8% 26.0% 28.1% 30.4% 29.3% 27.6% 27.3% 21.6% 21.61%
Gross Margin 78.7% 77.5% 77.0% 77.3% 78.0% 77.5% 76.2% 77.0% 76.3% 76.3% 77.5% 77.9% 78.3% 77.8% 78.3% 78.0% 75.0% 75.1% 75.6% 77.7% 77.67%
Operating Margin 13.2% 6.4% 11.5% 11.2% 11.4% 7.5% 5.6% 9.4% 8.3% 4.6% 5.7% 6.3% 10.2% 8.8% 10.1% 10.5% 9.6% 6.0% 10.2% 9.7% 9.67%
Net Margin 8.2% 2.9% 7.4% 6.2% 6.3% 4.6% 2.3% 4.6% 3.3% 0.8% 1.9% 0.4% 3.8% 14.7% 4.1% 3.9% 3.4% 6.7% 4.7% -2.0% -1.98%
EBITDA Margin 15.2% 8.6% 13.8% 13.4% 13.7% 10.3% 8.0% 11.8% 10.9% 7.2% 8.5% 8.2% 12.9% 11.5% 12.8% 13.1% 12.4% 10.2% 12.9% 5.1% 5.10%
FCF Margin 5.9% 5.3% 5.7% 4.5% 4.2% 3.8% 2.4% 3.1% 3.4% 4.4% 3.7% 3.1% 3.6% 3.3% 3.3% 3.5% 4.4% 5.0% 7.3% 8.2% 8.18%
OCF Margin 8.3% 7.9% 8.5% 7.4% 7.2% 6.8% 5.2% 6.0% 6.3% 7.1% 6.4% 5.8% 6.2% 5.7% 5.5% 5.4% 6.1% 6.6% 8.7% 9.6% 9.57%
ROA 3Y Avg snapshot only 6.93%
ROIC 3Y Avg snapshot only 16.30%
ROIC Economic snapshot only 21.80%
Cash ROA snapshot only 17.41%
Cash ROIC snapshot only 36.62%
CROIC snapshot only 31.29%
NOPAT Margin snapshot only 6.81%
Pretax Margin snapshot only 4.10%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 67.59%
SBC / Revenue snapshot only 0.82%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio 9.46 9.48 7.76 5.93 6.44 4.58 6.39 5.83 7.54 10.76 7.38 12.89 8.46 2.68 3.15 2.74 2.74 5.85 6.65 8.37 8.419
P/S Ratio 0.77 0.73 0.55 0.37 0.37 0.28 0.32 0.26 0.28 0.30 0.20 0.21 0.15 0.14 0.18 0.18 0.18 0.27 0.31 0.26 0.269
P/B Ratio -3.43 -3.05 -2.12 -1.43 -1.44 -1.16 -1.32 -1.15 -1.27 -1.44 -0.98 -1.02 -0.77 -0.85 -1.20 -1.35 -1.43 -2.59 -3.61 -2.90 -2.967
P/FCF 13.18 13.73 9.61 8.28 8.78 7.51 13.14 8.45 8.14 6.88 5.40 6.76 4.06 4.18 5.36 5.20 4.04 5.28 4.27 3.23 3.232
P/OCF 9.37 9.21 6.42 5.01 5.11 4.18 6.01 4.32 4.46 4.28 3.11 3.62 2.35 2.39 3.24 3.36 2.88 4.01 3.57 2.76 2.762
EV/EBITDA 7.79 8.09 7.38 6.40 6.67 5.80 6.84 6.55 7.11 7.72 6.59 7.38 6.09 5.35 5.27 4.70 4.50 5.44 2.09 6.08 6.076
EV/Revenue 1.17 1.15 0.99 0.82 0.83 0.75 0.78 0.72 0.73 0.74 0.63 0.64 0.56 0.55 0.60 0.59 0.56 0.66 0.25 0.62 0.617
EV/EBIT 8.86 9.31 8.64 7.63 8.08 7.01 8.49 8.24 9.11 10.10 8.62 10.10 8.25 7.02 6.75 5.84 5.59 6.79 2.59 7.88 7.879
EV/FCF 19.90 21.51 17.34 18.39 19.71 19.82 32.67 23.31 21.29 16.74 17.18 20.69 15.53 16.75 17.96 17.01 12.82 13.13 3.50 7.54 7.543
Earnings Yield 10.6% 10.5% 12.9% 16.9% 15.5% 21.8% 15.6% 17.1% 13.3% 9.3% 13.6% 7.8% 11.8% 37.3% 31.8% 36.5% 36.5% 17.1% 15.0% 11.9% 11.95%
FCF Yield 7.6% 7.3% 10.4% 12.1% 11.4% 13.3% 7.6% 11.8% 12.3% 14.5% 18.5% 14.8% 24.6% 23.9% 18.6% 19.2% 24.7% 18.9% 23.4% 30.9% 30.94%
EV/OCF snapshot only 6.446
EV/Gross Profit snapshot only 0.813
Acquirers Multiple snapshot only 6.938
Shareholder Yield snapshot only 0.28%
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 1.47 1.33 1.31 1.36 1.40 1.39 1.08 1.11 1.16 1.10 1.30 1.24 0.97 0.93 0.97 1.01 1.11 1.13 1.23 1.20 1.201
Quick Ratio 0.93 0.79 0.79 0.83 0.86 0.79 0.63 0.68 0.73 0.70 0.77 0.75 0.57 0.54 0.54 0.54 0.59 0.62 0.74 0.68 0.679
Debt/Equity -2.25 -2.16 -2.10 -2.15 -2.19 -2.31 -2.33 -2.47 -2.51 -2.61 -2.52 -2.46 -2.59 -3.08 -3.26 -3.55 -3.62 -4.54 -0.37 -4.64 -4.644
Net Debt/Equity — — — — — — — — — — — — — — — — — — — — —
Debt/Assets 1.05 1.07 1.08 1.09 1.09 1.07 1.06 1.03 1.01 0.99 0.99 0.98 0.93 0.91 0.89 0.86 0.82 0.84 0.06 0.77 0.771
Debt/EBITDA 3.40 3.66 4.04 4.35 4.51 4.36 4.87 5.13 5.35 5.74 5.34 5.82 5.37 4.83 4.28 3.78 3.58 3.83 0.26 4.17 4.175
Net Debt/EBITDA 2.63 2.93 3.29 3.52 3.70 3.60 4.09 4.18 4.39 4.55 4.52 4.97 4.50 4.02 3.70 3.27 3.08 3.25 -0.46 3.47 3.473
Interest Coverage 5.12 4.66 4.43 4.17 3.95 3.98 3.15 2.80 2.47 2.22 2.26 1.73 1.67 1.79 1.89 2.21 2.26 2.28 2.41 2.10 2.100
Equity Multiplier -2.14 -2.03 -1.94 -1.98 -2.00 -2.16 -2.20 -2.41 -2.47 -2.65 -2.55 -2.51 -2.78 -3.41 -3.65 -4.14 -4.41 -5.41 -6.51 -6.02 -6.023
Cash Ratio snapshot only 0.381
Debt Service Coverage snapshot only 2.723
Cash to Debt snapshot only 0.168
FCF to Debt snapshot only 0.193
Defensive Interval snapshot only 51.0 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 2.04 1.97 2.05 1.90 1.92 1.87 1.86 1.81 1.85 1.83 1.90 1.88 1.86 1.80 1.86 1.85 1.85 1.83 1.85 1.86 1.859
Inventory Turnover 2.52 2.30 2.28 2.24 2.20 2.03 2.09 2.13 2.26 2.19 2.25 2.30 2.22 2.25 2.19 2.17 2.20 2.39 2.51 2.46 2.459
Receivables Turnover 60.40 77.27 60.84 57.42 62.51 75.70 60.56 59.42 61.13 66.70 58.67 59.63 61.93 66.53 55.62 55.07 55.19 62.66 52.35 49.04 49.040
Payables Turnover 12.43 13.72 12.22 11.88 13.14 12.91 14.72 12.15 14.40 13.71 14.92 13.64 13.67 14.34 12.37 12.46 12.92 13.90 14.24 13.00 12.998
DSO 6 5 6 6 6 5 6 6 6 5 6 6 6 5 7 7 7 6 7 7 7.4 days
DIO 145 159 160 163 166 180 175 171 161 166 162 158 164 162 167 168 166 153 145 148 148.4 days
DPO 29 27 30 31 28 28 25 30 25 27 24 27 27 25 29 29 28 26 26 28 28.1 days
Cash Conversion Cycle 122 137 136 138 144 156 156 147 142 145 144 138 143 142 144 146 145 132 126 128 127.8 days
Fixed Asset Turnover snapshot only 8.979
Operating Cycle snapshot only 155.9 days
Cash Velocity snapshot only 14.037
Capital Intensity snapshot only 0.549
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 10.2% 4.7% -2.5% -8.5% -9.4% -10.3% -9.2% -7.9% -5.9% -2.7% -0.9% -0.0% -0.5% -1.4% -2.4% -2.2% -0.8% 0.9% 3.7% 5.5% 5.52%
Net Income 35.8% 20.0% -16.1% -32.4% -36.8% -28.2% -36.6% -33.6% -38.9% -55.7% -45.6% -63.7% -53.5% 78.8% 1.0% 3.0% 2.7% -10.2% -14.5% -49.5% -49.48%
EPS 66.9% 44.0% -8.4% -24.5% -31.0% -24.8% -35.6% -34.2% -39.9% -56.3% -45.9% -64.5% -54.2% 75.9% 1.0% 2.9% 2.6% -11.6% -19.4% -50.1% -50.06%
FCF -39.3% -40.2% -32.5% -39.0% -35.4% -36.5% -61.8% -36.1% -22.9% 13.5% 52.7% 0.3% 4.5% -26.6% -12.3% 9.6% 20.4% 54.8% 1.3% 1.5% 1.48%
EBITDA 22.6% 10.2% -13.8% -22.2% -25.3% -18.5% -22.4% -20.8% -21.8% -28.0% -16.6% -20.9% -10.9% 6.0% 14.7% 41.3% 34.3% 19.4% 11.5% -14.9% -14.87%
Op. Income 32.9% 14.6% -13.4% -28.6% -32.3% -25.7% -30.4% -26.2% -28.0% -34.6% -22.7% -26.8% -13.9% 8.3% 22.1% 55.3% 44.6% 17.8% 6.8% -5.5% -5.46%
OCF Growth snapshot only 87.56%
Asset Growth snapshot only 4.44%
Debt Growth snapshot only -6.05%
Shares Change snapshot only 1.16%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y 7.1% 5.9% 4.9% 4.2% 3.3% 2.2% 1.0% -0.2% -2.1% -3.0% -4.3% -5.6% -5.3% -4.9% -4.2% -3.5% -2.4% -1.1% 0.1% 1.0% 1.04%
Revenue 5Y 5.4% 5.3% 4.7% 4.4% 4.1% 3.3% 2.6% 1.7% 0.9% 0.7% 0.8% 0.8% 0.6% 0.5% -0.1% -0.6% -1.5% -1.9% -2.3% -2.8% -2.77%
EPS 3Y 52.4% 28.3% 22.4% 18.8% 12.6% 13.7% 10.7% 2.1% -11.6% -22.1% -31.7% -43.9% -42.5% -16.7% -11.2% -3.0% -0.0% -12.1% -4.2% -11.5% -11.53%
EPS 5Y 25.9% 23.4% 22.2% 7.5% 6.3% 17.2% 12.8% 15.5% 8.0% -7.1% -8.6% -17.1% -17.1% 2.5% 8.1% 8.1% 2.8% -6.0% -12.3% -19.2% -19.22%
Net Income 3Y 37.9% 14.7% 8.6% 5.1% 0.2% 1.1% -1.0% -8.9% -19.4% -27.5% -33.9% -45.4% -43.6% -17.2% -11.0% -1.5% 1.7% -10.8% -1.7% -10.1% -10.07%
Net Income 5Y 14.5% 11.5% 9.8% -3.7% -4.1% 8.5% 3.7% 6.1% 0.2% -13.7% -15.1% -22.5% -22.2% -3.9% 1.5% 1.7% -2.0% -9.3% -12.8% -20.1% -20.08%
EBITDA 3Y 5.2% 2.8% -0.1% -0.8% -1.9% -0.5% -1.7% -5.5% -10.6% -13.5% -17.7% -21.3% -19.6% -14.6% -9.5% -4.0% -2.2% -3.0% 2.2% -1.6% -1.63%
EBITDA 5Y 10.2% 9.2% 8.2% -1.0% -1.3% -1.7% -4.5% -5.2% -7.4% -8.6% -8.4% -9.4% -8.0% -5.5% -1.9% -1.1% -3.1% -3.9% -6.5% -10.1% -10.13%
Gross Profit 3Y 6.0% 4.7% 3.6% 2.8% 2.1% 0.9% -0.4% -1.6% -3.4% -4.1% -5.1% -6.3% -5.8% -5.2% -4.3% -3.3% -2.5% -1.5% -0.5% 0.5% 0.47%
Gross Profit 5Y 4.8% 4.7% 4.0% 3.5% 3.1% 2.4% 1.8% 0.8% -0.2% -0.5% -0.3% -0.2% -0.1% -0.2% -0.7% -1.2% -2.2% -2.6% -3.1% -3.5% -3.51%
Op. Income 3Y 5.3% 2.4% -1.3% -3.7% -3.8% -1.4% -2.6% -7.1% -13.4% -17.8% -22.5% -27.2% -25.1% -19.3% -13.1% -5.7% -3.6% -5.9% 0.3% 2.4% 2.43%
Op. Income 5Y 12.5% 9.9% 8.9% -2.4% -2.9% -2.4% -6.0% -6.9% -10.7% -12.2% -12.3% -13.5% -11.2% -7.4% -2.7% -1.9% -4.2% -6.6% -9.5% -10.7% -10.74%
FCF 3Y -17.3% -18.2% -9.6% -8.2% -12.3% -17.7% -35.5% -37.0% -32.9% -24.5% -26.7% -26.9% -19.6% -19.1% -20.0% -11.1% -1.0% 8.8% 44.9% 39.7% 39.72%
FCF 5Y 6.6% 6.6% 4.1% 7.0% -11.9% -16.9% -24.0% -23.0% -22.4% -17.0% -15.5% -13.1% -11.5% -14.2% -18.5% -22.8% -17.6% -13.3% -4.7% 1.2% 1.24%
OCF 3Y -11.2% -10.8% -3.2% -1.3% -4.4% -8.3% -21.8% -25.2% -22.3% -17.1% -18.3% -18.0% -13.8% -14.7% -17.3% -13.0% -7.5% -1.8% 18.6% 17.7% 17.72%
OCF 5Y 4.8% 4.6% 3.7% 7.8% -5.9% -9.8% -14.0% -14.3% -14.7% -11.2% -9.3% -6.9% -6.6% -9.0% -13.5% -18.3% -14.7% -11.9% -5.6% -1.3% -1.27%
Assets 3Y 1.4% 0.4% -1.8% -3.1% 2.3% 0.7% -0.3% -8.1% -2.3% -3.0% -0.2% -4.3% -2.4% -1.1% -1.7% -0.8% -0.3% 0.7% 2.3% 1.0% 1.04%
Assets 5Y 2.4% 1.9% -4.5% -3.8% -4.5% -1.2% -2.0% 2.7% -0.1% 0.1% -2.4% -3.3% 0.8% 0.4% -0.2% -5.2% -1.6% -2.0% 1.5% -0.7% -0.75%
Equity 3Y — — — — — — — — — — — — — — — — — — — — —
Book Value 3Y — — — — — — — — — — — — — — — — — — — — —
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability 0.84 0.90 0.86 0.75 0.72 0.60 0.43 0.21 0.09 0.02 0.00 0.00 0.00 0.00 0.04 0.18 0.81 0.86 0.66 0.54 0.544
Earnings Stability 0.40 0.85 0.62 0.10 0.10 0.52 0.13 0.09 0.00 0.12 0.19 0.31 0.48 0.32 0.23 0.23 0.33 0.53 0.53 0.46 0.458
Margin Stability 0.99 0.99 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.99 0.99 0.99 0.986
Rev. Growth Consistency 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.500
Earn. Growth Consistency 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.000
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.86 0.92 0.94 0.87 0.85 0.89 0.85 0.87 0.84 0.50 0.82 0.50 0.50 0.50 0.50 0.50 0.50 0.96 0.94 0.80 0.802
Earnings Smoothness 0.70 0.82 0.82 0.61 0.55 0.67 0.55 0.60 0.52 0.23 0.41 0.07 0.27 0.43 0.31 0.00 0.00 0.89 0.84 0.34 0.343
ROE Trend — — — — — — — — — — — — — — — — — — — — —
Gross Margin Trend -0.01 -0.01 -0.02 -0.02 -0.02 -0.01 -0.01 -0.01 -0.01 -0.02 -0.01 -0.00 0.00 0.01 0.01 0.01 0.00 -0.01 -0.02 -0.02 -0.017
FCF Margin Trend -0.03 -0.03 -0.03 -0.05 -0.04 -0.04 -0.05 -0.02 -0.02 -0.00 -0.00 -0.01 -0.00 -0.01 0.00 0.00 0.01 0.01 0.04 0.05 0.049
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate 20.1% 17.9% 17.0% 13.4% 12.3% 13.1% 10.1% 8.8% 7.3% 5.4% 5.4% 3.1% 3.3% 10.1% 11.8% 13.9% 13.6% 9.0% 9.4% 6.2% 6.24%
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income 1.01 1.03 1.21 1.18 1.26 1.10 1.06 1.35 1.69 2.51 2.37 3.56 3.60 1.12 0.97 0.82 0.95 1.46 1.86 3.03 3.030
FCF/OCF 0.71 0.67 0.67 0.61 0.58 0.56 0.46 0.51 0.55 0.62 0.58 0.54 0.58 0.57 0.60 0.65 0.71 0.76 0.84 0.85 0.855
FCF/Net Income snapshot only 2.590
OCF/EBITDA snapshot only 0.943
CapEx/Revenue 2.4% 2.6% 2.8% 2.9% 3.0% 3.0% 2.8% 3.0% 2.8% 2.7% 2.7% 2.7% 2.6% 2.4% 2.2% 1.9% 1.8% 1.6% 1.4% 1.4% 1.39%
CapEx/Depreciation snapshot only 0.599
Accruals Ratio -0.00 -0.00 -0.03 -0.02 -0.03 -0.01 -0.01 -0.03 -0.05 -0.08 -0.07 -0.08 -0.08 -0.01 0.00 0.02 0.01 -0.04 -0.07 -0.12 -0.119
Sloan Accruals snapshot only 0.024
Cash Flow Adequacy snapshot only 6.873
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 2.0% 2.3% 1.2% 1.2% 81.5% 45.7% 15.5% 4.3% 5.3% 7.7% 3.4% 8.9% 8.1% 3.3% 2.9% 2.9% 3.3% 0.0% 0.6% 2.4% 2.38%
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 21.6% 23.8% 15.6% 21.0% 12.7% 10.0% 2.4% 0.7% 0.7% 0.7% 0.5% 0.7% 1.0% 1.2% 0.9% 1.1% 1.2% 0.0% 0.1% 0.3% 0.28%
Net Buyback Yield 21.6% 23.8% 15.6% 21.0% 12.7% 10.0% 2.4% 0.7% 0.7% 0.7% 0.5% 0.7% 1.0% 1.2% 0.9% 1.1% 1.2% 0.0% 0.1% 0.3% 0.28%
Total Shareholder Return 21.6% 23.8% 15.6% 21.0% 12.7% 10.0% 2.4% 0.7% 0.7% 0.7% 0.5% 0.7% 1.0% 1.2% 0.9% 1.1% 1.2% 0.0% 0.1% 0.3% 0.28%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 0.77 0.80 0.80 0.76 0.75 0.76 0.76 0.77 0.75 0.70 0.67 0.62 0.64 1.50 1.36 1.19 1.16 0.83 0.81 0.77 0.770
Interest Burden (EBT/EBIT) 0.80 0.79 0.77 0.76 0.75 0.77 0.70 0.67 0.62 0.55 0.55 0.42 0.40 0.43 0.47 0.55 0.56 0.56 0.59 0.52 0.524
EBIT Margin 0.13 0.12 0.11 0.11 0.10 0.11 0.09 0.09 0.08 0.07 0.07 0.06 0.07 0.08 0.09 0.10 0.10 0.10 0.10 0.08 0.078
Asset Turnover 2.04 1.97 2.05 1.90 1.92 1.87 1.86 1.81 1.85 1.83 1.90 1.88 1.86 1.80 1.86 1.85 1.85 1.83 1.85 1.86 1.859
Equity Multiplier -2.57 -2.62 -1.95 -2.13 -2.07 -2.09 -2.06 -2.17 -2.21 -2.38 -2.36 -2.46 -2.61 -2.97 -3.01 -3.14 -3.42 -4.19 -4.72 -4.93 -4.928
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $4.48 $4.32 $3.91 $3.45 $3.09 $3.25 $2.52 $2.27 $1.86 $1.42 $1.36 $0.81 $0.85 $2.49 $2.74 $3.15 $3.08 $2.20 $2.21 $1.57 $1.57
Book Value/Share $-12.37 $-13.43 $-14.29 $-14.34 $-13.78 $-12.79 $-12.20 $-11.56 $-10.99 $-10.57 $-10.29 $-10.20 $-9.36 $-7.85 $-7.20 $-6.39 $-5.88 $-4.97 $-4.07 $-4.54 $-4.47
Tangible Book/Share $-16.21 $-17.42 $-18.35 $-18.48 $-17.87 $-16.92 $-16.29 $-15.67 $-15.05 $-14.65 $-14.34 $-14.18 $-13.35 $-11.78 $-11.13 $-10.44 $-9.89 $-8.98 $-7.89 $-8.93 $-8.93
Revenue/Share $54.69 $56.01 $55.43 $55.50 $54.06 $52.57 $51.10 $50.67 $50.08 $50.47 $50.39 $49.57 $49.07 $48.95 $48.44 $47.71 $47.71 $48.62 $47.35 $49.77 $49.77
FCF/Share $3.21 $2.98 $3.16 $2.47 $2.27 $1.98 $1.23 $1.57 $1.72 $2.22 $1.86 $1.54 $1.77 $1.60 $1.61 $1.66 $2.09 $2.44 $3.45 $4.07 $4.07
OCF/Share $4.52 $4.44 $4.73 $4.08 $3.89 $3.56 $2.68 $3.07 $3.14 $3.56 $3.23 $2.87 $3.06 $2.80 $2.66 $2.57 $2.93 $3.22 $4.12 $4.76 $4.76
Cash/Share $6.29 $5.81 $5.60 $5.89 $5.39 $5.13 $4.53 $5.29 $4.94 $5.73 $3.96 $3.68 $3.95 $4.07 $3.22 $3.11 $2.97 $3.41 $4.16 $3.55 $3.55
EBITDA/Share $8.21 $7.93 $7.43 $7.10 $6.69 $6.76 $5.85 $5.57 $5.14 $4.81 $4.85 $4.31 $4.51 $5.01 $5.48 $6.00 $5.94 $5.89 $5.77 $5.05 $5.05
Debt/Share $27.86 $29.02 $30.03 $30.86 $30.14 $29.51 $28.47 $28.58 $27.53 $27.61 $25.90 $25.11 $24.25 $24.21 $23.49 $22.71 $21.27 $22.58 $1.52 $21.09 $21.09
Net Debt/Share $21.57 $23.22 $24.43 $24.97 $24.75 $24.38 $23.94 $23.29 $22.60 $21.88 $21.94 $21.43 $20.30 $20.14 $20.27 $19.60 $18.30 $19.17 $-2.65 $17.54 $17.54
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 2.353
Altman Z-Prime snapshot only 1.219
Piotroski F-Score 6 6 5 4 4 6 5 4 4 4 6 7 6 7 5 5 5 5 6 6 6
Beneish M-Score -2.65 -2.67 -2.74 -2.78 -2.62 -2.48 -2.52 -2.57 -2.74 -2.69 -2.77 -2.90 -2.82 -2.54 -2.31 -2.08 -2.19 -2.47 -2.78 -2.96 -2.955
Ohlson O-Score snapshot only -5.160
Net-Net WC snapshot only $-20.63
EVA snapshot only $218434352.72
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only B-
Credit Score 55.50 50.54 44.90 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.000
Credit Grade snapshot only 16
Credit Trend snapshot only 0.000
Implied Spread (bps) snapshot only 900.000
Industry Credit Rank snapshot only 27
Sector Credit Rank snapshot only 29

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