Medifast (MED) Operating Leases (2019 - 2026)
Medifast (MED) recorded Operating Leases of $22.46 million in Q2 2026, up 214.4% from $7.14 million a year earlier and up 84.4% from the prior quarter.
Medifast (MED) Operating Leases (2019 - 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%).
- The Q2 2026 figure is the highest quarterly Operating Leases since Q2 2022.
- On a year-over-year basis, Operating Leases rose in two of the last eight quarters, with growth averaging 2.6%.
- 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 $12.18 million (Q1 2026), $6.09 million (Q4 2025) and $6.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn |
| 10 | Medifast | 129.81 Mn | -549.74 Mn | 53.40 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 14.22 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();