GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Medifast Inc (LTS:0K05) » Definitions » Tax Rate %

Medifast (LTS:0K05) Tax Rate % : 37.18% (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Medifast Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medifast's Tax Expense for the three months ended in Dec. 2024 was $0.5 Mil. Medifast's Pre-Tax Income for the three months ended in Dec. 2024 was $1.3 Mil. Therefore, Medifast's Tax Rate % for the quarter that ended in Dec. 2024 was 37.18%.

Medifast Tax Rate % Historical Data

The historical data trend for Medifast's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medifast Tax Rate % Chart

Medifast Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.39 24.11 22.00 22.81 44.78

Medifast Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.43 28.22 23.44 28.45 37.18

Medifast Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Medifast's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=1.696/3.787
=44.78 %

Medifast's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.474/1.275
=37.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medifast Tax Rate % Related Terms

Thank you for viewing the detailed overview of Medifast's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Medifast Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Medifast Inc (LTS:0K05) » Definitions » Tax Rate %
Comparable Companies
YYGH WW RGS EVTK CLIK DROR EJH IVP TRNR CSV ROL SCI BFAM HRB FTDR HKSE:01448 LSE:XPS LSE:CVSG ROCO:5530 XTER:CWC
Traded in Other Exchanges
MED:USA MDF:Germany MDF:Germany
Address
100 International Drive, Baltimore, MD, USA, 21202
Website
https://www.medifastinc.com
Medifast Inc is a old health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA, which provides people with a simple, yet comprehensive approach to address obesity and support a healthy life. OPTAVIA provides unparalleled coaching support along with community, tailored nutrition and healthy habits, and empowers people to master their weight loss journey through each stage of life. The company has access to GLP-1 medications where clinically appropriate. Medifast remains committed to its mission of offering Lifelong Transformation, Making a Healthy Lifestyle Second Nature.

Medifast Headlines

No Headlines