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Side-by-side financial comparison of Charles River Laboratories (CRL) and HERBALIFE LTD. (HLF). Click either name above to swap in a different company.

HERBALIFE LTD. is the larger business by last-quarter revenue ($1.2B vs $995.8M, roughly 1.2× Charles River Laboratories). HERBALIFE LTD. runs the higher net margin — 5.0% vs -1.5%, a 6.5% gap on every dollar of revenue. On growth, HERBALIFE LTD. posted the faster year-over-year revenue change (7.8% vs 1.2%). Over the past eight quarters, Charles River Laboratories's revenue compounded faster (-1.5% CAGR vs -2.3%).

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

CRL vs HLF — Head-to-Head

Bigger by revenue
HLF
HLF
1.2× larger
HLF
$1.2B
$995.8M
CRL
Growing faster (revenue YoY)
HLF
HLF
+6.6% gap
HLF
7.8%
1.2%
CRL
Higher net margin
HLF
HLF
6.5% more per $
HLF
5.0%
-1.5%
CRL
Faster 2-yr revenue CAGR
CRL
CRL
Annualised
CRL
-1.5%
-2.3%
HLF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CRL
CRL
HLF
HLF
Revenue
$995.8M
$1.2B
Net Profit
$-14.8M
$61.2M
Gross Margin
84.0%
Operating Margin
12.0%
11.3%
Net Margin
-1.5%
5.0%
Revenue YoY
1.2%
7.8%
Net Profit YoY
-157.2%
21.4%
EPS (diluted)
$-0.30
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRL
CRL
HLF
HLF
Q1 26
$995.8M
$1.2B
Q4 25
$994.2M
$1.3B
Q3 25
$1.0B
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$984.2M
$1.2B
Q4 24
$1.0B
$1.2B
Q3 24
$1.0B
$1.2B
Q2 24
$1.0B
$1.3B
Net Profit
CRL
CRL
HLF
HLF
Q1 26
$-14.8M
$61.2M
Q4 25
$-276.6M
$85.4M
Q3 25
$54.4M
$43.2M
Q2 25
$52.3M
$49.3M
Q1 25
$25.5M
$50.4M
Q4 24
$-214.5M
$177.9M
Q3 24
$69.7M
$47.4M
Q2 24
$94.1M
$4.7M
Gross Margin
CRL
CRL
HLF
HLF
Q1 26
84.0%
Q4 25
77.5%
Q3 25
77.7%
Q2 25
78.0%
Q1 25
78.3%
Q4 24
77.8%
Q3 24
34.6%
78.3%
Q2 24
34.5%
77.9%
Operating Margin
CRL
CRL
HLF
HLF
Q1 26
12.0%
11.3%
Q4 25
-28.5%
7.8%
Q3 25
13.3%
9.9%
Q2 25
9.7%
10.5%
Q1 25
7.6%
10.1%
Q4 24
-16.7%
8.8%
Q3 24
11.6%
10.2%
Q2 24
14.8%
6.3%
Net Margin
CRL
CRL
HLF
HLF
Q1 26
-1.5%
5.0%
Q4 25
-27.8%
6.7%
Q3 25
5.4%
3.4%
Q2 25
5.1%
3.9%
Q1 25
2.6%
4.1%
Q4 24
-21.4%
14.7%
Q3 24
6.9%
3.8%
Q2 24
9.2%
0.4%
EPS (diluted)
CRL
CRL
HLF
HLF
Q1 26
$-0.30
$0.57
Q4 25
$-5.57
$0.81
Q3 25
$1.10
$0.42
Q2 25
$1.06
$0.48
Q1 25
$0.50
$0.49
Q4 24
$-4.17
$1.75
Q3 24
$1.33
$0.46
Q2 24
$1.74
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRL
CRL
HLF
HLF
Cash + ST InvestmentsLiquidity on hand
$191.8M
$451.2M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.9B
Total Assets
$7.7B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRL
CRL
HLF
HLF
Q1 26
$191.8M
$451.2M
Q4 25
$213.8M
$353.1M
Q3 25
$207.1M
$305.5M
Q2 25
$182.8M
$320.9M
Q1 25
$229.4M
$329.4M
Q4 24
$194.6M
$415.3M
Q3 24
$210.2M
$402.5M
Q2 24
$179.2M
$374.0M
Total Debt
CRL
CRL
HLF
HLF
Q1 26
$2.0B
Q4 25
$2.1B
$2.0B
Q3 25
$2.2B
$2.0B
Q2 25
$2.3B
$2.1B
Q1 25
$2.5B
$2.2B
Q4 24
$2.2B
$2.3B
Q3 24
$2.3B
$2.3B
Q2 24
$2.4B
$2.3B
Stockholders' Equity
CRL
CRL
HLF
HLF
Q1 26
$2.9B
Q4 25
$3.2B
$-515.1M
Q3 25
$3.4B
$-612.0M
Q2 25
$3.4B
$-660.5M
Q1 25
$3.2B
$-736.0M
Q4 24
$3.5B
$-801.1M
Q3 24
$3.8B
$-954.2M
Q2 24
$3.7B
$-1.0B
Total Assets
CRL
CRL
HLF
HLF
Q1 26
$7.7B
$2.9B
Q4 25
$7.1B
$2.8B
Q3 25
$7.5B
$2.7B
Q2 25
$7.6B
$2.7B
Q1 25
$7.6B
$2.7B
Q4 24
$7.5B
$2.7B
Q3 24
$8.0B
$2.7B
Q2 24
$7.9B
$2.6B
Debt / Equity
CRL
CRL
HLF
HLF
Q1 26
Q4 25
0.68×
Q3 25
0.64×
Q2 25
0.70×
Q1 25
0.79×
Q4 24
0.65×
Q3 24
0.62×
Q2 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRL
CRL
HLF
HLF
Operating Cash FlowLast quarter
$41.1M
$113.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRL
CRL
HLF
HLF
Q1 26
$41.1M
$113.8M
Q4 25
$147.5M
$98.3M
Q3 25
$213.8M
$138.8M
Q2 25
$204.6M
$96.0M
Q1 25
$171.7M
$200.0K
Q4 24
$159.4M
$69.6M
Q3 24
$251.8M
$99.5M
Q2 24
$193.5M
$102.5M
Free Cash Flow
CRL
CRL
HLF
HLF
Q1 26
Q4 25
$58.6M
$79.8M
Q3 25
$178.2M
$118.0M
Q2 25
$169.3M
$73.2M
Q1 25
$112.4M
$-18.1M
Q4 24
$83.7M
$43.9M
Q3 24
$213.1M
$72.4M
Q2 24
$154.0M
$66.2M
FCF Margin
CRL
CRL
HLF
HLF
Q1 26
Q4 25
5.9%
6.2%
Q3 25
17.7%
9.3%
Q2 25
16.4%
5.8%
Q1 25
11.4%
-1.5%
Q4 24
8.4%
3.6%
Q3 24
21.1%
5.8%
Q2 24
15.0%
5.2%
Capex Intensity
CRL
CRL
HLF
HLF
Q1 26
5.6%
Q4 25
8.9%
1.4%
Q3 25
3.5%
1.6%
Q2 25
3.4%
1.8%
Q1 25
6.0%
1.5%
Q4 24
7.5%
2.1%
Q3 24
3.8%
2.2%
Q2 24
3.8%
2.8%
Cash Conversion
CRL
CRL
HLF
HLF
Q1 26
1.86×
Q4 25
1.15×
Q3 25
3.93×
3.21×
Q2 25
3.91×
1.95×
Q1 25
6.74×
0.00×
Q4 24
0.39×
Q3 24
3.61×
2.10×
Q2 24
2.06×
21.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRL
CRL

Service revenue$798.2M80%
Product revenue$197.7M20%

HLF
HLF

Segment breakdown not available.

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