Saturday 17 October 2026
Export MED’s income statement to Excel — free account
MEDIFAST INC
MED Consumer Cyclical Personal Services
MEDIFAST INC’s revenue for fiscal 2025 (year ended December 2025) was $385.8 million, down 36.0% from fiscal 2024. In the quarter to June 2026, revenue fell 27.6%, EPS fell 221.7% and free cash flow grew 115.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
11.88
0.18
−1.49%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 27.12 | 40.00 | 61.96 | 66.50 | 49.03 | 184.48 | 96.00 | 61.94 | 16.70 | 10.36 |
Analyst estimates 2026–2028 Powerpack |
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| High | 43.15 | 74.78 | 260.98 | 159.41 | 208.57 | 336.99 | 222.00 | 131.42 | 70.58 | 17.84 | |||||
| People | |||||||||||||||
| People | Employees | 422 | 399 | 420 | 550 | 713 | 984 | 874 | 634 | 504 | 380 | ||||
| Revenue/emp, $m | 0.65 | 0.76 | 1.19 | 1.30 | 1.31 | 1.55 | 1.83 | 1.69 | 1.20 | 1.02 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 275 | 302 | 501 | 714 | 935 | 1,526 | 1,599 | 1,072 | 602 | 386 | ||||
| Gross margin, % | 74.91 | 75.54 | 75.83 | 75.22 | 74.65 | 73.89 | 71.34 | 72.37 | 73.80 | 71.33 | |||||
| EBT | 27 | 40 | 71 | 92 | 134 | 216 | 184 | 129 | 4 | (6) | |||||
| EBT margin, % | 9.88 | 13.37 | 14.08 | 12.94 | 14.36 | 14.16 | 11.51 | 12.01 | 0.63 | (1.46) | |||||
| Net income | 18 | 28 | 56 | 78 | 103 | 164 | 144 | 99 | 2 | (19) | |||||
| Depreciation | 6 | 5 | 5 | 5 | 5 | 7 | 11 | 13 | 12 | 14 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 23.18 | 25.29 | 41.94 | 60.63 | 79.42 | 130.38 | 142.79 | 98.50 | 55.12 | 35.13 | ||||
| Earnings | 1.51 | 2.32 | 4.67 | 6.62 | 8.74 | 14.01 | 12.82 | 9.13 | 0.19 | (1.70) | |||||
| Cash flow | 2.14 | 3.63 | 5.09 | 7.16 | 12.34 | 8.08 | 17.38 | 13.57 | 2.24 | 0.63 | |||||
| Capex | (2.43) | (0.27) | (0.40) | (0.85) | (0.50) | (2.92) | (1.49) | (0.60) | (0.68) | (0.51) | |||||
| Free cash flow | (0.29) | 3.36 | 4.69 | 6.30 | 11.83 | 5.15 | 15.89 | 12.97 | 1.56 | 0.11 | |||||
| Book value | 8.11 | 9.11 | 9.13 | 8.91 | 13.36 | 17.30 | 13.85 | 18.51 | 19.22 | 18.11 | |||||
| Shares, m | 12 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 27.82 | 31.12 | 26.83 | 16.55 | 22.46 | 14.95 | 9.00 | 7.69 | 97.89 | 0.00 | ||||
| P/S | 1.81 | 2.87 | 2.98 | 1.81 | 2.47 | 1.61 | 0.81 | 0.71 | 0.32 | 0.30 | |||||
| P/B | 5.18 | 7.96 | 13.69 | 12.30 | 14.70 | 12.11 | 8.31 | 3.79 | 0.92 | 0.59 | |||||
| EV/Sales | 1.53 | 2.54 | 2.78 | 1.70 | 2.30 | 1.56 | 0.78 | 0.61 | 0.11 | (0.03) | |||||
| EV/FCF | (110.33) | 58.43 | 47.85 | 25.63 | 19.12 | 71.15 | 8.27 | 5.76 | (6.92) | 0.45 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 25 | 43 | 61 | 84 | 145 | 95 | 195 | 148 | 24 | 7 | ||||
| Capex | (29) | (3) | (5) | (10) | (6) | (34) | (17) | (6) | (7) | (6) | |||||
| Free cash flow | (3) | 40 | 56 | 74 | 139 | 60 | 178 | 141 | 17 | 1 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 77 | 88 | 85 | 75 | 123 | 137 | 82 | 132 | 150 | 159 | ||||
| Total debt | — | — | — | 14 | 11 | 33 | 26 | — | — | — | |||||
| Net debt | (77) | (99) | (101) | (93) | (174) | (110) | (88) | (150) | (162) | (167) | |||||
| Shareholders’ equity | 96 | 109 | 109 | 105 | 157 | 202 | 155 | 201 | 210 | 199 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 15.03 | 20.75 | 35.38 | 42.80 | 43.70 | 48.64 | 40.18 | 31.76 | 0.70 | (7.02) | ||||
| ROIC | 87.58 | 254.13 | 534.74 | 468.15 | 0.00 | 145.43 | 171.49 | 153.58 | 3.77 | (28.07) | |||||
| ROE | 19.32 | 27.10 | 51.26 | 72.84 | 78.49 | 91.20 | 80.31 | 55.77 | 1.02 | (9.13) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
MEDIFAST INC vs peers in Personal Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| FTDR Frontdoor Inc. | $5.4B | 20.5× | 16.4× | +4.54% (above 0%: growing) | +19.21% (above 0%: growing) | 0.00% | 58.60% | 29.46% | Compare |
| BFAM Bright Horizons Family Solutions Inc. | $3.4B | 22.3× | 13.8× | +6.51% (above 0%: growing) | −17.71% (below 0%: shrinking) | −34.04% (below 0%: shrinking) | 24.25% | 10.24% | Compare |
| CSV Carriage Services, Inc. | $573.8M | 12.7× | 10.9× | +0.79% (above 0%: growing) | +4.00% (above 0%: growing) | −57.53% (below 0%: shrinking) | 34.04% | 23.27% | Compare |
| MED MEDIFAST INC | $134.8M | — (loss-making) | — (loss-making) | −27.64% (below 0%: shrinking) | n/m | +115.31% (above 0%: growing) | 69.90% | (5.66%) | |
| RGS Regis Corporation | $73.0M | 10.5× | — (loss-making) | −7.28% (below 0%: shrinking) | −96.38% (below 0%: shrinking) | −42.31% (below 0%: shrinking) | 100.00% | 11.81% | Compare |
| CLIK Click Holdings Limited | $9.9M | — | — | — | — | — | — | — | Compare |
| YFOR YYForce Inc. | $6.4M | — | — | — | — | −1,491.67% (below 0%: shrinking) | — | — | Compare |
| EJH E-Home Household Service Holdings Limited | $4.2M | — (loss-making) | — | — | — | +1.99% (above 0%: growing) | 25.20% | 0.00% | Compare |
| IVPR Inspire Veterinary Partners, Inc. | $3.2M | — (loss-making) | — | +6.60% (above 0%: growing) | n/m | +79.07% (above 0%: growing) | 18.23% | (45.58%) | Compare |
| Median of peers | $41.4M | 16.6× | 13.8× | +4.54% | −6.85% | −34.04% | 29.62% | 11.03% |
MEDIFAST INC (MED) key facts
- Concern: MEDIFAST INC’s revenue for fiscal 2025 (year ended December 2025) was $385.8 million, down 36.0% from fiscal 2024.
- Concern: MEDIFAST INC reported a net loss of $18.7 million, or a loss of $1.70 per share, for fiscal 2025.
- MEDIFAST INC (MED) is a Personal Services company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MED traded at $11.88, a market capitalization of $134.8 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.4× sales.
- Return on equity was −9.13% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 4.46 (safe zone) for fiscal 2025.