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Medifast MED Free cash flow margin

Free cash flow margin at other companies

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16.4%+8.7pp
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-0.7%-3.3pp
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HerbalifeHLF
7.3%+4.0pp
Omada Health, Inc. Common Stock logo
Omada Health, Inc. Common StockOMDA
-40.8%
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Lifevantage CorporationLFVN
3.8%+1.1pp
The Beachbody Company logo
The Beachbody CompanyBODI
6%+4.8pp

Other financials

Income statement

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Revenue$76.0M-34.3%
Gross profit$51.8M-38.6%
Operating income-$3.3M-161%
Net income-$2.1M-175%
EPS (diluted)-$0.19-171%

Balance sheet

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Cash & equivalents$71.5M-22.0%
Total debt$16.1M+10.2%
Total equity$197.7M-6.3%
Total assets$252.0M-10.0%

Cash flow

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Operating cash flow$260.0K-92.4%
CapEx$1.1M-28.0%
Free cash flow-$836.0K-144%

Valuation

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Market cap$121.87M-17.4%
Enterprise value$66.44M+12.8%
P/S0.4×0.0×

Profitability

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Gross margin70.1%-3.8pp
Operating margin-4.7%-7.0pp
Net margin-5.8%-8.1pp

Returns & leverage

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Return on equity-9.8%-20.1pp
Debt / equity0.1×0.0×
Current ratio4.8×+1.3×

Where this comes from

Calculated from Medifast’s reported figures.

Based on trailing twelve months.

The official record: Medifast’s 10-Q, filed November 3, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medifast's free cash flow margin?
Medifast (MED) reported free cash flow margin of 5% in Q3 2024.
How has Medifast's free cash flow margin changed year-over-year?
Medifast's free cash flow margin decreased by 64.9% year-over-year, from 14.3% to 5%.
What is the long-term trend for Medifast's free cash flow margin?
Over 2 years (2020 to 2023), Medifast's free cash flow margin has grown at a -6.0% compound annual growth rate (CAGR), from 14.9% to 13.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.