Medifast (MED) Shares Repurchased (2011 - 2023)
Medifast (MED) reported Shares Repurchased of $3.6 million for Q1 2023, down 63.98% on a YoY basis from $10.0 million in Q1 2022, and down 43.69% quarter-over-quarter from $6.4 million in Q4 2022.
Medifast (MED) Shares Repurchased (2011 - 2023) Analysis & Trends
Medifast has reported Shares Repurchased for 9 years, with the latest figure at $3.6 million in Q1 2023.
- For the quarter ending Q1 2023, Shares Repurchased fell 63.98% year-over-year to $3.6 million; the trailing twelve-month figure through Dec 2023 stood at $3.6 million (down 97.15% YoY), and the FY2023 full-year result was $3.6 million, down 97.15% from the prior year.
- Shares Repurchased for Q1 2023 stood at $3.6 million, down from $6.4 million in the prior quarter.
- The five-year high for Shares Repurchased was $110.0 million in Q2 2022, with the low at $3.6 million in Q1 2023.
- Historically, Shares Repurchased has averaged $23.2 million across 4 years, with a median of $10.0 million in 2022.
- Annual changes were most pronounced in 2022 — Shares Repurchased surged 799.82% — and 2023, when it slumped 63.98%.
- Medifast's Shares Repurchased stood at $23.1 million in 2019, then plunged by 56.74% to $10.0 million in 2021, then sank by 36.02% to $6.4 million in 2022, then sank by 43.69% to $3.6 million in 2023.
- The last three Shares Repurchased figures came in at $3.6 million (Q1 2023), $6.4 million (Q4 2022), and $110.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Rollins | 21.62 Bn | 21.51 Bn | 460.90 Mn | 22.35 Mn |
| 2 | Service Corp International | 10.11 Bn | 9.85 Bn | 286.45 Mn | 143.15 Mn |
| 3 | Frontdoor | 5.02 Bn | 4.41 Bn | 248.00 Mn | 61.00 Mn |
| 4 | H&R Block | 4.36 Bn | 4.34 Bn | 1.37 Bn | - |
| 5 | Bright Horizons Family Solutions | 3.49 Bn | 3.36 Bn | 163.49 Mn | 224.80 Mn |
| 6 | Carriage Services | 593.84 Mn | 590.93 Mn | 38.64 Mn | - |
| 7 | Andersen | 468.18 Mn | 1.07 Bn | 74.37 Mn | - |
| 8 | Medifast | 121.56 Mn | -47.38 Mn | 51.76 Mn | - |
| 9 | Regis | 69.19 Mn | 69.19 Mn | - | - |
| 10 | E-Home Household Service Holdings | 2.17 Mn | -258.54 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 3.60 Mn |
| Mar 31, 2023 | 3.60 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Jun 30, 2022 | 110.05 Mn |
| Jun 30, 2022 | 110.05 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | 26.27 Mn |
| Sep 30, 2021 | 26.27 Mn |
| Jun 30, 2021 | 12.23 Mn |
| Jun 30, 2021 | 12.23 Mn |
| Mar 31, 2021 | 7.50 Mn |
| Mar 31, 2021 | 7.50 Mn |
| Sep 30, 2019 | 23.12 Mn |
| Sep 30, 2019 | 23.12 Mn |
| Dec 31, 2018 | 10.00 Mn |
| Dec 31, 2018 | 10.00 Mn |