Nu Skin Enterprises Inc. (NUS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.2	$0.2	0.0%	—	$320.1M	—
Q1 26	$0.3	$0.34	+13.3%	—	—	—
Q4 25	$0.24	$0.43	+79.2%	—	—	—
Q3 25	$0.22	$0.38	+72.7%	—	—	—
Q2 25	$0.2	$0.17	-15.0%	—	—	—
Q1 25	$0.17	$0.21	+23.5%	—	—	—
Q4 24	$0.05	$0.09	+80.0%	—	—	—
Q3 24	$0.28	$0.37	+32.1%	—	—	—
Q2 24	$0.62	$0.56	-9.7%	—	—	—
Q1 24	$0.53	$0.54	+1.9%	—	—	—
Q4 23	$0.33	$0.37	+12.1%	—	—	—
Q3 23	$0.53	$0.89	+67.9%	—	—	—
Q2 23	$0.78	$0.47	-39.7%	—	—	—
Q1 23	$0.75	$0.77	+2.7%	—	—	—
Q4 22	$0.72	$0.76	+5.6%	—	—	—
Q3 22	$0.95	$0.88	-7.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.25	—	—	$1.5B	—
FY24	—	-$2.95	—	—	$1.7B	—
FY23	—	$0.17	—	—	$2B	—
FY22	—	$2.1	—	—	$2.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.2B	$2.3B	$2.7B	$2.4B	$2.6B	$2.7B	$2.2B	$2B	$1.7B	$1.5B
YoY change	-1.75%	+3.23%	+17.5%	-9.65%	+6.67%	+4.41%	-17.4%	-11.5%	-12%	-14.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.2B	2.3B	2.7B	2.4B	2.6B	2.7B	2.2B	2B	1.7B	1.5B
Cost of revenue	500.5M	502.1M	634.1M	581.4M	658M	675.2M	630.9M	611.9M	550.2M	453.8M
Gross profit	1.7B	1.8B	2B	1.8B	1.9B	2B	1.6B	1.4B	1.2B	1B
Gross margin	77.3%	78%	76.3%	76%	74.5%	75%	71.7%	68.9%	68.2%	69.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.5B	1.5B	1.7B	1.6B	1.7B	1.7B	1.4B	1.3B	1.1B	940.5M
Operating expenses	1.5B	1.5B	1.7B	1.6B	1.7B	1.7B	1.4B	1.3B	1.1B	940.5M
Operating income	231.1M	274.5M	311.5M	267.4M	257.6M	285.9M	159.3M	68.1M	50.8M	90.9M
Operating margin	10.5%	12%	11.6%	11%	9.98%	10.6%	7.16%	3.46%	2.93%	6.12%
Non-operating income, net	-18.3M	-8.9M	-91.9M	-12.3M	-1.3M	-53.4M	-70.4M	-41.5M	-199.4M	119.3M
Pretax income	212.8M	265.6M	219.7M	255.2M	256.2M	232.5M	89M	26.6M	-175.1M	196.2M
Income tax	69.8M	136.1M	97.8M	81.6M	64.9M	85.2M	-15.8M	18M	-28.5M	36M
Net income	143.1M	129.4M	121.9M	173.6M	191.4M	147.3M	104.8M	8.6M	-146.6M	160.2M
Net margin	6.48%	5.68%	4.55%	7.17%	7.41%	5.46%	4.71%	0.44%	-8.46%	10.8%
EBITDA	303.5M	346M	465.2M	344.1M	331.6M	414.1M	280.3M	158.8M	123.5M	111.4M
EPS	2.58	2.45	2.21	3.13	3.66	2.93	2.1	0.17	-2.95	3.25
Diluted EPS	2.55	2.36	2.16	3.1	3.63	2.86	2.07	0.17	-2.95	3.18

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	498.8M	488.6M	417.3M	439.1M	430.1M	445.6M	364.5M	386.1M	364.2M	370.3M	320.6M	320.1M
Cost of revenue	206.5M	136.2M	123.2M	131.9M	128.7M	166.4M	117.5M	120.4M	107.5M	108.3M	106.1M	101.8M
Gross profit	292.3M	352.4M	294.1M	307.2M	301.5M	279.1M	247M	265.7M	256.7M	262M	214.5M	218.3M
Gross margin	58.6%	72.1%	70.5%	70%	70.1%	62.7%	67.8%	68.8%	70.5%	70.7%	66.9%	68.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	318.6M	326.4M	278.1M	283.4M	283.2M	286.4M	231.8M	235M	235.1M	238.7M	208.6M	198.8M
Operating expenses	318.6M	326.4M	278.1M	283.4M	283.2M	286.4M	231.8M	235M	235.1M	238.7M	208.6M	198.8M
Operating income	-26.4M	26.1M	16M	23.8M	18.2M	-7.2M	15.2M	30.8M	21.6M	23.2M	5.9M	19.6M
Operating margin	-5.29%	5.33%	3.82%	5.42%	4.24%	-1.62%	4.17%	7.97%	5.94%	6.28%	1.83%	6.11%
Non-operating income, net	-551K	-16.7M	-7.5M	-148.7M	1.6M	-44.7M	122.7M	-843K	-1.5M	-1.1M	984K	-79.4M
Pretax income	-34.5M	9.3M	1.1M	-131.6M	13.3M	-57.8M	134.6M	27.4M	16M	18.2M	2.6M	-63.2M
Income tax	2.5M	2M	1.6M	-13.4M	5M	-21.7M	27.1M	6.3M	-1.1M	3.7M	763K	186.6M
Net income	-37M	7.3M	-533K	-118.3M	8.3M	-36.1M	107.5M	21.1M	17.1M	14.5M	1.8M	-249.8M
Net margin	-7.41%	1.49%	-0.13%	-26.9%	1.93%	-8.1%	29.5%	5.47%	4.69%	3.91%	0.57%	-78%
EBITDA	-8.7M	54.7M	34M	42M	37.1M	10.4M	1M	43M	32.2M	35.1M	21M	31.7M
EPS	-0.74	0.15	-0.01	-2.38	0.17	-0.73	2.16	0.43	0.35	0.3	0.04	-5.14
Diluted EPS	-0.74	0.15	-0.01	-2.38	0.17	-0.73	2.14	0.43	0.34	0.29	0.04	-5.14

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.6B	3.6B	3.4B	2.3B	2.9B	2.5B	2.1B	965.4M	342.2M	474.2M	225.9M
Enterprise value	2.7B	3.6B	3.4B	2.4B	2.9B	2.7B	2.4B	1.3B	622.4M	541M	322.1M
Shares outstanding	55.4M	52.8M	55.2M	55.5M	52.3M	50.2M	50M	49.7M	49.7M	49.3M	49.3M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.5	27.8	27.8	13.1	14.9	17.3	20.1	112.3	—	2.96	4.77
P/S	1.2	1.58	1.26	0.94	1.11	0.94	0.95	0.49	0.2	0.32	0.16
P/B	3.99	5.11	4.33	2.6	3.19	2.79	2.35	1.17	0.53	0.59	0.42
EV/EBITDA	8.88	10.3	7.34	7.09	8.85	6.51	8.38	8.22	5.04	4.86	2.68
EV/Sales	1.22	1.56	1.28	1.01	1.14	1	1.06	0.66	0.36	0.36	0.23
Earnings yield	5.4%	3.59%	3.6%	7.63%	6.7%	5.78%	4.97%	0.89%	—	33.8%	21%
FCF yield	8.5%	6.73%	3.91%	4.92%	11%	2.86%	2.32%	6.23%	20.5%	9.7%	15.6%
PEG	—	—	—	—	—	—	—	—	—	—	-0

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	77.3%	78%	76.3%	76%	74.5%	75%	71.7%	68.9%	68.2%	69.4%	68.2%
Operating margin	10.5%	12%	11.6%	11%	9.98%	10.6%	7.16%	3.46%	2.93%	6.12%	6.11%
Net margin	6.48%	5.68%	4.55%	7.17%	7.41%	5.46%	4.71%	0.44%	-8.46%	10.8%	-15.7%
ROE	21.5%	18.4%	15.6%	19.8%	21.4%	16.1%	11.7%	1.05%	-22.5%	19.9%	-32.5%
ROA	9.71%	8.14%	7.19%	9.81%	9.78%	7.72%	5.75%	0.48%	-9.98%	11.4%	3.43%
ROIC	21.8%	20.4%	21.2%	17.5%	19.8%	17.1%	14%	1.89%	5.45%	8.51%	11.4%
Return on tangible assets	12.8%	10.6%	10.9%	14.3%	13.9%	11%	8.22%	0.76%	-12.7%	13.9%	-20.9%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.79	1.74	1.82	2.07	1.66	1.65	2.12	2.13	1.82	2.08	1.98
Quick ratio	1.16	1.17	1.15	1.3	1.08	0.89	1.15	1.28	1.17	1.4	1.24
Debt / equity	0.63	0.55	0.55	0.58	0.56	0.55	0.58	0.74	0.73	0.38	0.53
Debt / assets	0.28	0.24	0.25	0.29	0.26	0.26	0.29	0.34	0.33	0.22	0.24
Net debt / EBITDA	0.16	-0.14	0.07	0.47	0.23	0.36	0.86	2.14	2.27	0.6	0.6
Interest coverage	—	—	—	—	—	—	—	—	-5.63	15.1	-0.68
Effective tax rate	32.8%	51.3%	44.5%	32%	25.3%	36.6%	0%	67.7%	0%	18.3%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	39.8	43.2	48.6	43.6	49.4	53.7	44.5	39.6	34.9	30.1	28.2
EPS (basic)	2.58	2.45	2.21	3.13	3.66	2.93	2.1	0.17	-2.95	3.25	3.25
EPS (diluted)	2.55	2.36	2.16	3.1	3.63	2.86	2.07	0.17	-2.95	3.18	-4.53
Book value per share	12	13.3	14.2	15.8	17.1	18.2	17.9	16.5	13.1	16.3	11.1
FCF per share	4.06	4.59	2.4	2.01	6.03	1.45	0.98	1.21	1.41	0.93	0.22
Cash per share	6.64	8.3	7.22	6.2	8.11	7.07	5.57	5.39	3.99	4.87	3.93
Capex per share	0.91	1.14	1.28	1.19	1.22	1.37	1.18	1.18	0.84	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.27%	2.64%	2.63%	2.73%	2.47%	2.55%	2.65%	2.97%	2.4%	—	—
Capex / operating cash flow	19.3%	22.6%	54.1%	27.9%	23.5%	41.3%	35.9%	97.4%	-45.1%	—	—
Payout ratio	54.8%	58.8%	66.1%	47.4%	41%	51.8%	73.5%	903.1%	-8.14%	7.39%	22.2%
Dividend yield	2.96%	2.11%	2.38%	3.61%	2.74%	2.99%	3.65%	8.04%	3.49%	2.5%	5.17%

Yield

5.17%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.06

ex-dividend Aug 28, 2026

Payout ratio

22%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 28, 2026	$0.06
May 29, 2026	$0.06
Feb 27, 2026	$0.06

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$498.8M	$488.6M	$417.3M	$439.1M	$430.1M	$445.6M	$364.5M	$386.1M	$364.2M	$370.3M	$320.6M	$320.1M
YoY change	-7.26%	-6.45%	-13.3%	-12.2%	-13.8%	-8.82%	-12.7%	-12.1%	-15.3%	-16.9%	-12%	-17.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	368.1M	438.2M	398.3M	344M	423.9M	354.8M	278.5M	267.8M	198M	239.8M
Receivables	31.2M	33.2M	53.3M	50.4M	63.4M	41.3M	47.4M	72.9M	50.8M	39.5M
Inventory	249.9M	253.5M	295.8M	275.9M	314.4M	399.9M	346.2M	280M	190.2M	178.6M
Total current assets	714.3M	777.8M	799.2M	740.2M	903.2M	873M	759.9M	701.9M	538.6M	547.7M
Property, plant & equipment	217.2M	233.3M	210.8M	371.6M	374.7M	317.1M	297.6M	236.3M	164.3M	163.6M
Goodwill & intangibles	357M	365.2M	573.1M	553.8M	585M	566.8M	546.3M	672.2M	315.8M	252.5M
Total assets	1.5B	1.6B	1.7B	1.8B	2B	1.9B	1.8B	1.8B	1.5B	1.4B
Accounts payable	41.3M	50.3M	47.6M	39M	66.2M	50M	54M	43.5M	34.9M	26.2M
Short-term debt	82.7M	77.8M	69.5M	66.8M	75M	140.9M	54.4M	48.9M	47.9M	38.4M
Total current liabilities	399M	447.4M	439.7M	356.8M	542.9M	529.7M	359.2M	328.9M	296.6M	263.7M
Long-term debt	334.2M	310.8M	361M	440.2M	425.4M	362.9M	466.1M	558.4M	430.3M	268.2M
Total liabilities	810M	885.3M	912.6M	893.7M	1.1B	993.7M	923.7M	984.5M	817.5M	600.1M
Shareholders' equity	664.1M	704.6M	781.9M	875.3M	894.3M	912.8M	897.3M	822M	651.5M	805.2M
Total debt	416.9M	388.6M	430.5M	507M	500.4M	503.8M	520.5M	607.3M	478.2M	306.6M
Net debt	59.6M	-37.8M	43.6M	171.4M	97.7M	164.2M	255.8M	351.3M	291.3M	68M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	250M	267.8M	221.2M	232.9M	237.8M	198M	213.6M	265.4M	253M	239.8M	200.4M	191.4M
Receivables	77.3M	72.9M	67M	71.6M	68.8M	50.8M	56.6M	59.7M	48.9M	39.5M	45M	48.9M
Inventory	291.1M	280M	265.1M	244M	247.8M	190.2M	188.8M	180.4M	178.5M	178.6M	178.6M	191.5M
Total current assets	701.1M	701.9M	647.3M	654.4M	653.4M	538.6M	524.9M	571.6M	548.1M	547.7M	522.9M	508.1M
Property, plant & equipment	515.2M	236.3M	515.9M	500M	496.2M	164.3M	459.5M	451.9M	455.2M	163.6M	452M	445M
Goodwill & intangibles	676.9M	672.2M	665.4M	376.7M	370.3M	315.8M	262.4M	259.1M	255.6M	252.5M	245.8M	85.3M
Total assets	1.8B	1.8B	1.7B	1.6B	1.6B	1.5B	1.4B	1.4B	1.4B	1.4B	1.4B	1.1B
Accounts payable	48.6M	43.5M	32.2M	36.3M	32.7M	34.9M	33.6M	28.7M	28.5M	26.2M	28.8M	37.7M
Short-term debt	140M	48.9M	30M	30M	60M	47.9M	20M	35M	20M	38.4M	20M	20M
Total current liabilities	434M	328.9M	309.3M	308.6M	339.4M	296.6M	260.3M	283.9M	254.4M	263.7M	257M	256.3M
Long-term debt	431.1M	558.4M	527.4M	498.6M	441.8M	430.3M	280.7M	275.7M	271.4M	268.2M	257.6M	243.7M
Total liabilities	970.9M	984.5M	931.7M	899.8M	876M	817.5M	637.4M	283.9M	254.4M	263.7M	257M	578.8M
Shareholders' equity	822.2M	822M	810.2M	686.2M	706.9M	651.5M	754M	787.8M	799.8M	805.2M	794.1M	542.7M
Total debt	571.1M	607.3M	557.4M	528.6M	501.8M	478.2M	300.7M	310.7M	291.4M	306.6M	277.6M	263.7M
Net debt	337.8M	351.3M	344.8M	304.4M	274.1M	291.3M	96.9M	46.6M	39.6M	68M	79M	74.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	143.1M	129.4M	121.9M	173.6M	191.4M	147.3M	104.8M	8.6M	-146.6M	—
Depreciation & amortization	72.4M	71.6M	83M	76.7M	74M	76.3M	72.5M	70.9M	69.8M	52.3M
Stock-based compensation	8.9M	19.3M	26.6M	9.9M	24.1M	23.2M	12.4M	15.6M	14.8M	24.1M
Change in working capital	21.7M	6.4M	-72.8M	-70M	-52M	-135.1M	-17.9M	-50.3M	-1.3M	5.1M
Operating cash flow	259.8M	266M	130.1M	236.5M	271.7M	166.2M	164.7M	60.1M	-92.2M	80.3M
Capital expenditure	-50.2M	-60.2M	-70.4M	-66.1M	-63.8M	-68.6M	-59.1M	-58.5M	-41.6M	—
Investing cash flow	-57.9M	-92M	-108.8M	-71.4M	-79.4M	-88.7M	-67.1M	-134.5M	-38M	204.9M
Dividends paid	-78.4M	-76.1M	-80.6M	-82.2M	-78.4M	-76.3M	-77M	-77.6M	-11.9M	-11.8M
Share repurchases	-247.2M	-71.7M	-69.6M	-825K	-144.3M	-80.4M	-70M	-13M	0	-20M
Financing cash flow	-149M	-184M	-127.5M	-152.5M	-250.9M	-118.6M	-126.6M	6.2M	-131.1M	-200.5M
Net change in cash	52.9M	-10M	-106.2M	12.6M	-58.7M	-41M	-29M	-68.3M	-261.2M	84.7M
Free cash flow	225M	242.4M	132.4M	111.9M	315.3M	73M	49M	60.1M	70.2M	46M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-37M	7.3M	-533K	-118.3M	8.3M	-36.1M	107.5M	21.1M	17.1M	14.5M	1.8M	-249.8M
Depreciation & amortization	18.2M	18.6M	18.4M	17.6M	17.3M	16.4M	14.2M	13.1M	12.1M	12.9M	12.3M	12.7M
Stock-based compensation	3.7M	3.1M	4.2M	3.6M	3.5M	3.4M	9.3M	5.8M	5.8M	3.2M	3.7M	1.1M
Change in working capital	1.6M	12M	-14.4M	15.1M	863K	-2.9M	-7.4M	-4.8M	10.6M	6.7M	-11.6M	-11.3M
Operating cash flow	-16.1M	41.2M	17M	-78.8M	33.5M	-64M	130.7M	35.8M	27.5M	16.6M	-3.9M	10.6M
Capital expenditure	-11.9M	-20.4M	-12.3M	-8.1M	-8.6M	-12.6M	-13.6M	—	—	—	—	—
Investing cash flow	-11.9M	-15.4M	-9.3M	-8.5M	-6.5M	-13.6M	181.5M	8.8M	0	0	-573K	0
Dividends paid	-19.5M	-19.3M	-3M	-3M	-3M	-3M	-3M	-3M	-3M	-2.9M	-2.9M	-2.9M
Share repurchases	-13M	0	—	—	0	0	-5M	0	-5M	-10M	-5M	0
Financing cash flow	-38.3M	-20.1M	-30.1M	-28.8M	-28.7M	-43.6M	-165.1M	9.2M	-26.8M	-17.8M	-16.2M	-13.4M
Net change in cash	-66.3M	5.7M	-22.3M	-116.1M	-1.7M	-121.2M	147.1M	53.9M	634K	-1.1M	-20.7M	-2.8M
Free cash flow	39.1M	33.8M	-9M	43.1M	22.8M	13.2M	-13.2M	35.8M	17.6M	5.9M	-17.6M	5M

Nu Skin Enterprises Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement