MEDIFAST Income Tax Expense from 2010 to 2024

MED Stock  USD 37.53  0.46  1.24%   
MEDIFAST INC's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 30.9 M this year. During the period from 2010 to 2024 MEDIFAST INC Income Tax Expense annual values regression line had coefficient of variation of  76.42 and r-squared of  0.67. View All Fundamentals
 
Income Tax Expense  
First Reported
1996-09-30
Previous Quarter
3.4 M
Current Value
3.8 M
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MEDIFAST INC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MEDIFAST main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.8 M, Selling General Administrative of 753.6 M or Total Revenue of 1.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 24.06, Price Earnings Ratio of 6.99 or Price To Sales Ratio of 0.65. MEDIFAST financial statements analysis is a perfect complement when working with MEDIFAST INC Valuation or Volatility modules.
  
This module can also supplement MEDIFAST INC's financial leverage analysis and stock options assessment as well as various MEDIFAST INC Technical models . Check out the analysis of MEDIFAST INC Correlation against competitors.
For information on how to trade MEDIFAST Stock refer to our How to Trade MEDIFAST Stock guide.

Latest MEDIFAST INC's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of MEDIFAST INC over the last few years. It is MEDIFAST INC's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MEDIFAST INC's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

MEDIFAST Income Tax Expense Regression Statistics

Arithmetic Mean18,929,473
Coefficient Of Variation76.42
Mean Deviation11,944,098
Median12,605,000
Standard Deviation14,465,119
Sample Variance209.2T
Range52.2M
R-Value0.82
Mean Square Error74.3T
R-Squared0.67
Significance0.0002
Slope2,648,220
Total Sum of Squares2929.4T

MEDIFAST Income Tax Expense History

202430.9 M
202329.4 M
202240.5 M
202152.1 M
202031.4 M
201914.4 M
201814.8 M

About MEDIFAST INC Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MEDIFAST INC income statement, its balance sheet, and the statement of cash flows. MEDIFAST INC investors use historical funamental indicators, such as MEDIFAST INC's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although MEDIFAST INC investors may use each financial statement separately, they are all related. The changes in MEDIFAST INC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MEDIFAST INC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MEDIFAST INC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MEDIFAST INC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Income Tax Expense29.4 M30.9 M

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When determining whether MEDIFAST INC is a strong investment it is important to analyze MEDIFAST INC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MEDIFAST INC's future performance. For an informed investment choice regarding MEDIFAST Stock, refer to the following important reports:
Check out the analysis of MEDIFAST INC Correlation against competitors.
For information on how to trade MEDIFAST Stock refer to our How to Trade MEDIFAST Stock guide.
Note that the MEDIFAST INC information on this page should be used as a complementary analysis to other MEDIFAST INC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is MEDIFAST INC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MEDIFAST INC. If investors know MEDIFAST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MEDIFAST INC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Dividend Share
4.95
Earnings Share
9.1
Revenue Per Share
98.498
Quarterly Revenue Growth
(0.43)
The market value of MEDIFAST INC is measured differently than its book value, which is the value of MEDIFAST that is recorded on the company's balance sheet. Investors also form their own opinion of MEDIFAST INC's value that differs from its market value or its book value, called intrinsic value, which is MEDIFAST INC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MEDIFAST INC's market value can be influenced by many factors that don't directly affect MEDIFAST INC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MEDIFAST INC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MEDIFAST INC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MEDIFAST INC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.