MEDIFAST INC (MED) - Net Assets
Based on the latest financial reports, MEDIFAST INC (MED) has net assets worth $197.68 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($252.05 Million) and total liabilities ($54.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is MEDIFAST INC's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $197.68 Million |
| % of Total Assets | 78.43% |
| Annual Growth Rate | 13.12% |
| 5-Year Change | -1.76% |
| 10-Year Change | 107.17% |
| Growth Volatility | 54.95 |
MEDIFAST INC - Net Assets Trend (1996–2025)
This chart illustrates how MEDIFAST INC's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of MEDIFAST INC to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MEDIFAST INC (1996–2025)
The table below shows the annual net assets of MEDIFAST INC from 1996 to 2025. For live valuation and market cap data, see MED company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $198.92 Million | -5.33% |
| 2024-12-31 | $210.11 Million | +4.28% |
| 2023-12-31 | $201.48 Million | +29.95% |
| 2022-12-31 | $155.04 Million | -23.43% |
| 2021-12-31 | $202.47 Million | +28.76% |
| 2020-12-31 | $157.25 Million | +50.00% |
| 2019-12-31 | $104.83 Million | -3.92% |
| 2018-12-31 | $109.11 Million | +0.48% |
| 2017-12-31 | $108.58 Million | +13.09% |
| 2016-12-31 | $96.02 Million | +8.39% |
| 2015-12-31 | $88.58 Million | +10.08% |
| 2014-12-31 | $80.48 Million | -18.23% |
| 2013-12-31 | $98.42 Million | +8.40% |
| 2012-12-31 | $90.79 Million | +23.68% |
| 2011-12-31 | $73.40 Million | +2.01% |
| 2010-12-31 | $71.96 Million | +35.94% |
| 2009-12-31 | $52.93 Million | +38.66% |
| 2008-12-31 | $38.17 Million | +17.75% |
| 2007-12-31 | $32.42 Million | +15.10% |
| 2006-12-31 | $28.17 Million | +27.91% |
| 2005-12-31 | $22.02 Million | +14.66% |
| 2004-12-31 | $19.21 Million | +12.47% |
| 2003-12-31 | $17.08 Million | +206.15% |
| 2002-12-31 | $5.58 Million | +119.78% |
| 2001-12-31 | $2.54 Million | +109.75% |
| 2000-12-31 | $1.21 Million | +668.08% |
| 1999-12-31 | $-213.00K | -109.92% |
| 1998-12-31 | $2.15 Million | +6.50% |
| 1997-12-31 | $2.02 Million | -63.83% |
| 1996-12-31 | $5.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MEDIFAST INC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15963300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $158.27 Million | 79.56% |
| Common Stock | $11.00K | 0.01% |
| Other Comprehensive Income | $234.00K | 0.12% |
| Other Components | $40.41 Million | 20.31% |
| Total Equity | $198.92 Million | 100.00% |
MEDIFAST INC Competitors by Market Cap
The table below lists competitors of MEDIFAST INC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vigo System SA
WAR:VGO
|
$122.79 Million |
|
Satellos Bioscience Inc.
TO:MSCL
|
$122.81 Million |
|
Avaco Co. Ltd
KQ:083930
|
$122.82 Million |
|
Lalin Property Public Company Limited
BK:LALIN
|
$122.82 Million |
|
Sun Yad Construction Co Ltd
TW:1316
|
$122.69 Million |
|
Traphaco JSC
VN:TRA
|
$122.68 Million |
|
Aurora World Corporation
KQ:039830
|
$122.68 Million |
|
GENOR BIOPHARMA DL-00002
F:67N0
|
$122.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MEDIFAST INC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 210,109,000 to 198,920,000, a change of -11,189,000 (-5.3%).
- Net loss of 18,672,000 reduced equity.
- Dividend payments of 195,000 reduced retained earnings.
- Share repurchases of 369,000 reduced equity.
- Other comprehensive income increased equity by 54,000.
- Other factors increased equity by 7,993,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.67 Million | -9.39% |
| Dividends Paid | $195.00K | -0.1% |
| Share Repurchases | $369.00K | -0.19% |
| Other Comprehensive Income | $54.00K | +0.03% |
| Other Changes | $7.99 Million | +4.02% |
| Total Change | $- | -5.33% |
Book Value vs Market Value Analysis
This analysis compares MEDIFAST INC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 8.54x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $1.29 | $11.04 | x |
| 1997-12-31 | $0.47 | $11.04 | x |
| 1998-12-31 | $0.45 | $11.04 | x |
| 1999-12-31 | $-0.04 | $11.04 | x |
| 2000-12-31 | $0.16 | $11.04 | x |
| 2001-12-31 | $0.31 | $11.04 | x |
| 2002-12-31 | $0.64 | $11.04 | x |
| 2003-12-31 | $1.56 | $11.04 | x |
| 2004-12-31 | $1.55 | $11.04 | x |
| 2005-12-31 | $1.72 | $11.04 | x |
| 2006-12-31 | $2.09 | $11.04 | x |
| 2007-12-31 | $2.38 | $11.04 | x |
| 2008-12-31 | $2.66 | $11.04 | x |
| 2009-12-31 | $3.59 | $11.04 | x |
| 2010-12-31 | $4.94 | $11.04 | x |
| 2011-12-31 | $5.17 | $11.04 | x |
| 2012-12-31 | $6.61 | $11.04 | x |
| 2013-12-31 | $7.12 | $11.04 | x |
| 2014-12-31 | $6.30 | $11.04 | x |
| 2015-12-31 | $7.34 | $11.04 | x |
| 2016-12-31 | $8.04 | $11.04 | x |
| 2017-12-31 | $8.98 | $11.04 | x |
| 2018-12-31 | $9.03 | $11.04 | x |
| 2019-12-31 | $8.65 | $11.04 | x |
| 2020-12-31 | $13.27 | $11.04 | x |
| 2021-12-31 | $17.14 | $11.04 | x |
| 2022-12-31 | $13.75 | $11.04 | x |
| 2023-12-31 | $18.45 | $11.04 | x |
| 2024-12-31 | $19.17 | $11.04 | x |
| 2025-12-31 | $18.11 | $11.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MEDIFAST INC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.84%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.29x
- Recent ROE (-9.39%) is below the historical average (20.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.74% | 1.94% | 1.44x | 2.05x | $-237.40K |
| 1997 | -183.38% | -25.74% | 2.07x | 3.44x | $-3.90 Million |
| 1998 | -44.20% | -5.97% | 1.54x | 4.82x | $-1.16 Million |
| 1999 | 0.00% | -68.63% | 2.20x | 0.00x | $-3.17 Million |
| 2000 | 107.69% | 33.43% | 1.25x | 2.58x | $1.18 Million |
| 2001 | 23.17% | 11.71% | 1.50x | 1.32x | $334.20K |
| 2002 | 47.02% | 21.25% | 1.25x | 1.77x | $2.07 Million |
| 2003 | 14.11% | 9.50% | 1.05x | 1.42x | $702.30K |
| 2004 | 9.10% | 6.39% | 1.05x | 1.35x | $-173.60K |
| 2005 | 12.38% | 6.80% | 1.31x | 1.39x | $524.90K |
| 2006 | 18.04% | 6.86% | 2.01x | 1.31x | $2.27 Million |
| 2007 | 11.84% | 4.58% | 1.92x | 1.35x | $595.00K |
| 2008 | 14.24% | 5.15% | 2.07x | 1.34x | $1.62 Million |
| 2009 | 22.60% | 7.22% | 2.58x | 1.21x | $6.67 Million |
| 2010 | 0.03% | 7.61% | 0.00x | 1.31x | $-7.18 Million |
| 2011 | 25.26% | 6.22% | 2.82x | 1.44x | $11.20 Million |
| 2012 | 17.49% | 4.45% | 2.74x | 1.43x | $6.80 Million |
| 2013 | 24.35% | 6.72% | 2.69x | 1.35x | $14.13 Million |
| 2014 | 16.38% | 4.62% | 2.46x | 1.44x | $5.13 Million |
| 2015 | 22.64% | 7.35% | 2.32x | 1.32x | $11.20 Million |
| 2016 | 18.58% | 6.50% | 2.26x | 1.26x | $8.23 Million |
| 2017 | 25.53% | 9.19% | 2.07x | 1.34x | $16.86 Million |
| 2018 | 51.13% | 11.14% | 2.96x | 1.55x | $44.88 Million |
| 2019 | 74.32% | 10.92% | 3.67x | 1.86x | $67.43 Million |
| 2020 | 65.41% | 11.00% | 3.39x | 1.76x | $87.13 Million |
| 2021 | 81.01% | 10.75% | 3.83x | 1.97x | $143.78 Million |
| 2022 | 92.60% | 8.98% | 5.06x | 2.04x | $128.06 Million |
| 2023 | 49.34% | 9.27% | 3.46x | 1.54x | $79.27 Million |
| 2024 | 1.00% | 0.35% | 2.12x | 1.35x | $-18.92 Million |
| 2025 | -9.39% | -4.84% | 1.50x | 1.29x | $-38.56 Million |
Industry Comparison
This section compares MEDIFAST INC's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $548,642,964
- Average return on equity (ROE) among peers: -74.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MEDIFAST INC (MED) | $197.68 Million | 5.74% | 0.28x | $122.76 Million |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $500.76 Million |
| Bright Horizons Family Solutions Inc (BFAM) | $145.51 Million | 13.75% | 0.70x | $3.38 Billion |
| Click Holdings Limited (CLIK) | $15.46 Million | 0.00% | 0.17x | $4.26 Million |
| Carriage Services Inc (CSV) | $155.97 Million | 12.37% | 3.79x | $600.84 Million |
| E-Home Household Service Holdings Ltd (EJH) | $32.73 Million | 17.26% | 0.25x | $5.50 Million |
| Smart Share Global Ltd ADR (EM) | $2.73 Billion | 3.21% | 0.62x | $253.44 Million |
| Frontdoor Inc (FTDR) | $239.00 Million | 98.33% | 7.82x | $4.74 Billion |
| H&R Block Inc (HRB) | $1.44 Billion | 33.27% | 2.63x | $4.35 Billion |
| Inspire Veterinary Partners, Inc. Class A Common Stock (IVP) | $1.56 Million | -913.20% | 11.93x | $4.05 Million |
About MEDIFAST INC
Medifast, Inc., through its subsidiaries, operates as a health and wellness company that provides habit-based and coach-guided lifestyle solutions to address weight loss in the United States. The company offers weight loss, weight management, and healthy living products comprising bars, cereals, snack straws, hot chocolate, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothi… Read more