# Haleon plc American (HLN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Defensive. Price $9.60, market value $42.2 billion.

## Valuation
- **P/E (trailing): 19.6×** (5-yr avg 61.9×, 3-yr avg 60.8×). Haleon plc American trades at 19.6× trailing earnings, well below its own five-year average of 61.9×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 15.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.86**. A PEG of 0.86 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.8×**. Each dollar of revenue is priced at 2.8×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.6×**. Enterprise value is 13.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.4%** (5-yr avg 2.5%). Free cash flow equals 7.4% of the market value, above its five-year average of 2.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.1%**. The inverse of the P/E: 5.1% of the price is earned each year.

## Profitability
- **Gross margin: 64.2%**. Haleon plc American keeps 64.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 21.9%**. 21.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 15.2%**. 15.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.2%**. 10.2% on shareholders' equity is solid.
- **Return on invested capital: 8.3%**. Return on all capital, debt included, is 8.3%.
- **Return on assets: 5.1%**. Each dollar of assets produces 5.1% of profit.

## Growth
- **Revenue growth (1 yr): -1.8%** (3-yr 0.5%/yr, 5-yr 2.2%/yr). Revenue fell 1.8% over the last year, against 2.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 17.8%** (3-yr 17.2%/yr, 5-yr 8.3%/yr). Earnings per share rose 17.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 9.5%/yr**. Free cash flow has compounded at 9.5% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.47**. Debt is 0.47 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.3×**. It would take 2.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.86**. A Z-score of 2.86 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 2.06%** ($0.20 per share, trailing). Haleon plc American yields 2.06%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 3**. 3 straight years of increases.

## Price and momentum
- **Total return (1 yr): -1.1%** (YTD -3.8%, 3-mo 5.3%). The shares are down 1.1% over twelve months including dividends.
- **From 52-week high: -14.9%** (11.0% above the low). Trading 15% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): -0.06** (volatility 23%). Beta of -0.06 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HLN · Page: https://foliofundamentals.com/stocks/hln

Not investment advice.