Medifast (MED) Tax Rate (2009 - 2025)
Medifast (MED) reported Tax Rate of 13.91% for Q2 2025, down 233.24 percentage points from the prior quarter.
Analysis
Medifast (MED) Tax Rate (2009 - 2025) Analysis & Trends
For FY2024, Medifast posted Tax Rate of 44.89%, up 22.08 percentage points from FY2023.
- Tax Rate has a five-year change of +29.25 percentage points (FY2019 to FY2024).
- By year, Tax Rate came in at 22.81% in FY2023 (+0.81 pp), 22.00% in FY2022 (-2.11 pp), 24.11% in FY2021 (+0.71 pp) and 23.39% in FY2020 (+7.75 pp).
- The Q2 2025 figure ranks as the lowest quarterly Tax Rate since Q3 2023.
- Year over year, Tax Rate gained in four of the last six quarters, with an average year-over-year change of +40.90 percentage points.
- 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 Q3 2023 (a drop of 11.61 percentage points).
- Per Business Quant data, the three quarters before Q2 2025 came in at 247.15% (Q1 2025), 37.49% (Q4 2024) and 28.45% (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 393.58 Bn | 345.38 Bn | 11.60 Bn | 21.04% |
| 2 | Colgate Palmolive | 79.23 Bn | 74.06 Bn | 3.23 Bn | 23.55% |
| 3 | Estee Lauder Companies | 40.61 Bn | 27.71 Bn | 2.81 Bn | 32.46% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 29.39% |
| 5 | Kimberly Clark | 36.40 Bn | 32.48 Bn | 1.44 Bn | 20.17% |
| 6 | Church & Dwight | 26.67 Bn | 25.06 Bn | 749.40 Mn | 21.96% |
| 7 | Clorox | 13.24 Bn | 11.66 Bn | 770.00 Mn | 16.43% |
| 8 | e.l.f. Beauty | 6.97 Bn | 5.79 Bn | 370.22 Mn | 30.22% |
| 9 | Reynolds Consumer Products | 5.22 Bn | 4.91 Bn | 236.00 Mn | 23.68% |
| 10 | Medifast | 144.93 Mn | -533.64 Mn | 50.04 Mn | - |
Historic Data
Download Data
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% |
API Access
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();