Medifast (MED) Tax Rate (2010 - 2025)
Medifast (MED) reported Tax Rate of -3.64% for Q2 2026, down 17.56 percentage points from 13.91% a year earlier but up 6.66 percentage points from the prior quarter.
Medifast (MED) Tax Rate (2010 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Medifast's Tax Rate came in at -83.33%, down 125.33 percentage points year-over-year; for FY2025, it was -231.12%, down 276.01 percentage points from FY2024.
- Tax Rate has a five-year change of -254.51 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 44.89% in FY2024 (+22.08 pp), 22.81% in FY2023 (+0.81 pp), 22.00% in FY2022 (-2.11 pp) and 24.11% in FY2021 (+0.71 pp).
- Five-year quarterly Tax Rate spans a low of -183.85% in Q4 2025 and a high of 247.15% in Q1 2025.
- Year over year, Tax Rate has now declined in each of the last five quarters, with an average year-over-year change of -35.75 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 218.66 percentage points); the low point was Q1 2026 (a drop of 257.45 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -10.30% (Q1 2026), -183.85% (Q4 2025) and 15.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 21.66% |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 24.32% |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 23.75% |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | - |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | 37.94% |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 20.75% |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 21.60% |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 29.38% |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 23.28% |
| 10 | Medifast | 128.69 Mn | -550.86 Mn | 53.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 13.91% |
| Mar 31, 2025 | 247.15% |
| Dec 31, 2024 | 37.49% |
| Sep 30, 2024 | 28.45% |
| Mar 31, 2024 | 28.49% |
| Dec 31, 2023 | 38.43% |
| Sep 30, 2023 | 12.87% |
| Jun 30, 2023 | 22.59% |
| Mar 31, 2023 | 25.05% |
| Dec 31, 2022 | 18.17% |
| Sep 30, 2022 | 24.49% |
| Jun 30, 2022 | 19.84% |
| Mar 31, 2022 | 24.00% |
| Dec 31, 2021 | 27.23% |
| Sep 30, 2021 | 23.93% |
| Jun 30, 2021 | 23.44% |
| Mar 31, 2021 | 22.29% |
| Dec 31, 2020 | 26.04% |
| Sep 30, 2020 | 22.81% |
| Jun 30, 2020 | 22.10% |
Medifast Tax Rate 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=tax-rate&ticker=MED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();