Medifast (MED) Operating Leases (2015 - 2026)
Medifast (MED) recorded Operating Leases of $17.61 million in Q3 2026, up 159.4% from $6.79 million a year earlier but down 21.6% from the prior quarter.
Medifast (MED) Operating Leases (2015 - 2026) Analysis & Trends
At the end of FY2025, Medifast reported Operating Leases of $6.09 million, down 38.7% from FY2024.
- Annual Operating Leases has declined for four straight years, with a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $9.94 million in FY2024 (-38.3%), $16.13 million in FY2023 (-20.5%), $20.28 million in FY2022 (-22.1%) and $26.02 million in FY2021 (+247.5%).
- Quarterly Operating Leases has ranged from $6.09 million in Q4 2025 to $26.02 million in Q4 2021 over the past five years.
- On a year-over-year basis, Operating Leases has increased for three consecutive quarters, with growth averaging 26.5% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 269.2% in Q1 2022, against a decline of 45.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.46 million (Q2 2026), $12.18 million (Q1 2026) and $6.09 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Procter & Gamble | 393.58 Bn | 345.38 Bn | 11.60 Bn |
| 2 | Colgate Palmolive | 79.23 Bn | 74.06 Bn | 3.23 Bn |
| 3 | Estee Lauder Companies | 40.61 Bn | 27.71 Bn | 2.81 Bn |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn |
| 5 | Kimberly Clark | 36.40 Bn | 32.48 Bn | 1.44 Bn |
| 6 | Church & Dwight | 26.67 Bn | 25.06 Bn | 749.40 Mn |
| 7 | Clorox | 13.24 Bn | 11.66 Bn | 770.00 Mn |
| 8 | e.l.f. Beauty | 6.97 Bn | 5.79 Bn | 370.22 Mn |
| 9 | Reynolds Consumer Products | 5.22 Bn | 4.91 Bn | 236.00 Mn |
| 10 | Medifast | 144.93 Mn | -533.64 Mn | 50.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.61 Mn |
| Jun 30, 2026 | 22.46 Mn |
| Mar 31, 2026 | 12.18 Mn |
| Dec 31, 2025 | 6.09 Mn |
| Sep 30, 2025 | 6.79 Mn |
| Jun 30, 2025 | 7.14 Mn |
| Mar 31, 2025 | 8.45 Mn |
| Dec 31, 2024 | 9.94 Mn |
| Sep 30, 2024 | 11.52 Mn |
| Jun 30, 2024 | 13.07 Mn |
| Mar 31, 2024 | 14.61 Mn |
| Dec 31, 2023 | 16.13 Mn |
| Sep 30, 2023 | 16.87 Mn |
| Jun 30, 2023 | 18.27 Mn |
| Mar 31, 2023 | 18.96 Mn |
| Dec 31, 2022 | 20.28 Mn |
| Sep 30, 2022 | 21.57 Mn |
| Jun 30, 2022 | 22.91 Mn |
| Mar 31, 2022 | 24.38 Mn |
| Dec 31, 2021 | 26.02 Mn |
Medifast Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=MED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "MED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=MED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();