HLF FY 2016 Earnings Report — Herbalife Nutrition Ltd. Revenue & Financial Results | Market Cap Arena

Herbalife Nutrition Ltd.HLF

FY 2016 Earnings

Reported February 23, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$4.5B	—	$4.5B	—	0.4%
Op. Income	$458M	—	$584M	—	-21.5%
Gross Margin	81.0%	—	80.8%	—	0.1pp
Net Margin	5.8%	—	7.6%	—	-1.8pp
EPS (Diluted)	$1.51	—	$1.99	—	-24.1%
Free Cash Flow	$224M	—	$550M	—	-59.3%

Revenue Flow

Item	Amount
REVENUE	$4.5B
Cost of Revenue	$855M
GROSS PROFIT	$3.6B
R&D Expenses	$0
Selling & Marketing	$65M
General & Administrative	$1.9B
SG&A Expenses	$2.0B
Other Expenses	$1.2B
Operating Expenses	$3.2B
Cost & Expenses	$4.0B
OPERATING INCOME	$458M
Interest Income	$6M
Interest Expense	$99M
Other Income/Expenses	-$93M
INCOME BEFORE TAX	$365M
Income Tax Expense	$105M
Net Income from Continuing Ops	$260M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$260M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$260M
D&A	$98M
EBIT	$428M
EBITDA	$527M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.5B
Cost of Revenue	$855M
GROSS PROFIT	$3.6B
R&D Expenses	$0
Selling & Marketing	$65M
General & Administrative	$1.9B
SG&A Expenses	$2.0B
Other Expenses	$1.2B
Operating Expenses	$3.2B
Cost & Expenses	$4.0B
OPERATING INCOME	$458M
Interest Income	$6M
Interest Expense	$99M
Other Income/Expenses	-$93M
INCOME BEFORE TAX	$365M
Income Tax Expense	$105M
Net Income from Continuing Ops	$260M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$260M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$260M
D&A	$98M
EBIT	$428M
EBITDA	$527M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$260M
Depreciation & Amortization	$98M
Stock-Based Compensation	$40M
Deferred Income Tax	-$36M
Other Non-Cash Items	$63M
Change in Working Capital	-$58M
OPERATING CASH FLOW	$367M
Capital Expenditure	-$143M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$141M
Net Debt Issuance	-$239M
Common Stock Repurchased	-$13M
Common Dividends Paid	$0
Other Financing Activities	-$300.0K
NET CASH FROM FINANCING	-$252M
FREE CASH FLOW	$224M
Net Change in Cash	-$46M

Balance Sheet

Item	Amount
Cash & Equivalents	$844M
Short-Term Investments	$0
Net Receivables	$70M
Inventory	$371M
Other Current Assets	$177M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$378M
Goodwill	$90M
Intangible Assets	$310M
Long-Term Investments	$15M
Tax Assets	$15M
Other Non-Current Assets	$294M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$2.6B
Account Payables	$66M
Short-Term Debt	$10M
Deferred Revenue	$50M
Other Current Liabilities	$590M
TOTAL CURRENT LIABILITIES	$792M
Long-Term Debt	$1.4B
Deferred Revenue NC	$50M
Deferred Tax Liabilities	$15M
Other Non-Current Liabilities	$124M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$2.4B
Common Stock	$100.0K
Additional Paid-In Capital	$468M
Retained Earnings	-$66M
Treasury Stock	$0
Accum. Other Comp. Income	-$205M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$196M
Minority Interest	$0
TOTAL EQUITY	$196M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$1.4B
Net Debt	$604M