Bellring Brands vs Herbalife
Herbalife is the larger business, with $5.04bn of revenue in fiscal 2025 against $2.32bn for Bellring Brands (2.2 times as much). Bellring Brands grew faster (16.1% against 0.9%). Bellring Brands kept more of each dollar of sales as profit: a net margin of 9.3% against 4.5%.
| Latest fiscal year | Bellring BrandsBRBR, 2025 | HerbalifeHLF, 2025 |
|---|---|---|
| Revenue | $2.32bn | $5.04bn |
| Revenue growth | 16.1% | 0.9% |
| Net income | $216m | $228m |
| Operating margin | 15.4% | 9.5% |
| Net margin | 9.3% | 4.5% |
| Return on equity | — | — |
| Free cash flow | $256m | $253m |
| Cash | $71.8m | $353m |
| Total debt | $1.09bn | $2.05bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $475m | $8.2m |
| Employees | 530 | 8,500 |
| Market value | $1.10bn | $1.52bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 70 (Strong) | 78 (Strong) |
| Insider trades, 12 months | 3 buys, 2 sales | 4 buys, 4 sales |