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Side-by-side financial comparison of MEDIFAST INC (MED) and MP Materials Corp. (MP). Click either name above to swap in a different company.

MEDIFAST INC is the larger business by last-quarter revenue ($75.1M vs $52.7M, roughly 1.4× MP Materials Corp.). On growth, MP Materials Corp. posted the faster year-over-year revenue change (-13.6% vs -36.9%). MEDIFAST INC produced more free cash flow last quarter ($-6.6M vs $-109.3M). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (4.0% CAGR vs -34.4%).

Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

MED vs MP — Head-to-Head

Bigger by revenue
MED
MED
1.4× larger
MED
$75.1M
$52.7M
MP
Growing faster (revenue YoY)
MP
MP
+23.3% gap
MP
-13.6%
-36.9%
MED
More free cash flow
MED
MED
$102.6M more FCF
MED
$-6.6M
$-109.3M
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
4.0%
-34.4%
MED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MED
MED
MP
MP
Revenue
$75.1M
$52.7M
Net Profit
$9.4M
Gross Margin
69.4%
Operating Margin
-10.4%
-7.0%
Net Margin
17.9%
Revenue YoY
-36.9%
-13.6%
Net Profit YoY
142.2%
EPS (diluted)
$-1.64
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MED
MED
MP
MP
Q4 25
$75.1M
$52.7M
Q3 25
$89.4M
$53.6M
Q2 25
$105.6M
$57.4M
Q1 25
$115.7M
$60.8M
Q4 24
$119.0M
$61.0M
Q3 24
$140.2M
$62.9M
Q2 24
$168.6M
$31.3M
Q1 24
$174.7M
$48.7M
Net Profit
MED
MED
MP
MP
Q4 25
$9.4M
Q3 25
$-2.3M
$-41.8M
Q2 25
$2.5M
$-30.9M
Q1 25
$-772.0K
$-22.6M
Q4 24
$-22.3M
Q3 24
$1.1M
$-25.5M
Q2 24
$-8.2M
$-34.1M
Q1 24
$8.3M
$16.5M
Gross Margin
MED
MED
MP
MP
Q4 25
69.4%
Q3 25
69.5%
Q2 25
72.6%
Q1 25
72.8%
Q4 24
74.1%
Q3 24
75.4%
Q2 24
73.2%
Q1 24
72.8%
Operating Margin
MED
MED
MP
MP
Q4 25
-10.4%
-7.0%
Q3 25
-4.6%
-125.2%
Q2 25
-1.0%
-76.5%
Q1 25
-1.1%
-57.2%
Q4 24
0.6%
-72.1%
Q3 24
1.5%
-62.8%
Q2 24
-4.7%
-171.1%
Q1 24
4.5%
-66.6%
Net Margin
MED
MED
MP
MP
Q4 25
17.9%
Q3 25
-2.5%
-78.0%
Q2 25
2.3%
-53.8%
Q1 25
-0.7%
-37.2%
Q4 24
-36.6%
Q3 24
0.8%
-40.5%
Q2 24
-4.8%
-108.9%
Q1 24
4.8%
33.9%
EPS (diluted)
MED
MED
MP
MP
Q4 25
$-1.64
$0.07
Q3 25
$-0.21
$-0.24
Q2 25
$0.22
$-0.19
Q1 25
$-0.07
$-0.14
Q4 24
$0.08
$-0.12
Q3 24
$0.10
$-0.16
Q2 24
$-0.75
$-0.21
Q1 24
$0.76
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MED
MED
MP
MP
Cash + ST InvestmentsLiquidity on hand
$167.3M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$198.9M
$2.0B
Total Assets
$248.0M
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MED
MED
MP
MP
Q4 25
$167.3M
$1.2B
Q3 25
$173.5M
$1.1B
Q2 25
$162.7M
$261.5M
Q1 25
$164.6M
$198.3M
Q4 24
$162.3M
$282.4M
Q3 24
$170.0M
$284.4M
Q2 24
$163.5M
$295.6M
Q1 24
$156.4M
$296.5M
Total Debt
MED
MED
MP
MP
Q4 25
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$908.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MED
MED
MP
MP
Q4 25
$198.9M
$2.0B
Q3 25
$214.7M
$2.0B
Q2 25
$216.0M
$1.0B
Q1 25
$211.0M
$1.0B
Q4 24
$210.1M
$1.1B
Q3 24
$207.3M
$1.1B
Q2 24
$205.3M
$1.1B
Q1 24
$211.0M
$1.1B
Total Assets
MED
MED
MP
MP
Q4 25
$248.0M
$3.9B
Q3 25
$268.2M
$3.8B
Q2 25
$269.3M
$2.3B
Q1 25
$280.0M
$2.4B
Q4 24
$284.2M
$2.3B
Q3 24
$291.2M
$2.3B
Q2 24
$293.5M
$2.4B
Q1 24
$302.8M
$2.4B
Debt / Equity
MED
MED
MP
MP
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MED
MED
MP
MP
Operating Cash FlowLast quarter
$-5.3M
$-46.9M
Free Cash FlowOCF − Capex
$-6.6M
$-109.3M
FCF MarginFCF / Revenue
-8.8%
-207.4%
Capex IntensityCapex / Revenue
1.8%
118.5%
Cash ConversionOCF / Net Profit
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$1.2M
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MED
MED
MP
MP
Q4 25
$-5.3M
$-46.9M
Q3 25
$12.1M
$-42.0M
Q2 25
$-3.4M
$-3.7M
Q1 25
$3.4M
$-63.2M
Q4 24
$-4.9M
$30.5M
Q3 24
$9.1M
$-6.8M
Q2 24
$13.1M
$30.8M
Q1 24
$7.3M
$-41.1M
Free Cash Flow
MED
MED
MP
MP
Q4 25
$-6.6M
$-109.3M
Q3 25
$10.8M
$-92.5M
Q2 25
$-4.8M
$-32.7M
Q1 25
$1.9M
$-93.7M
Q4 24
$-7.2M
$-11.2M
Q3 24
$7.7M
$-53.3M
Q2 24
$11.1M
$-15.6M
Q1 24
$5.4M
$-93.0M
FCF Margin
MED
MED
MP
MP
Q4 25
-8.8%
-207.4%
Q3 25
12.0%
-172.8%
Q2 25
-4.5%
-56.9%
Q1 25
1.6%
-154.0%
Q4 24
-6.1%
-18.3%
Q3 24
5.5%
-84.7%
Q2 24
6.6%
-50.1%
Q1 24
3.1%
-191.0%
Capex Intensity
MED
MED
MP
MP
Q4 25
1.8%
118.5%
Q3 25
1.5%
94.3%
Q2 25
1.3%
50.5%
Q1 25
1.3%
50.1%
Q4 24
1.9%
68.3%
Q3 24
1.0%
73.8%
Q2 24
1.1%
148.7%
Q1 24
1.1%
106.5%
Cash Conversion
MED
MED
MP
MP
Q4 25
-4.97×
Q3 25
Q2 25
-1.36×
Q1 25
Q4 24
Q3 24
8.04×
Q2 24
Q1 24
0.88×
-2.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MED
MED

Segment breakdown not available.

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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