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Side-by-side financial comparison of MEDIFAST INC (MED) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

MEDIFAST INC is the larger business by last-quarter revenue ($75.1M vs $70.9M, roughly 1.1× RCI HOSPITALITY HOLDINGS, INC.). On growth, RCI HOSPITALITY HOLDINGS, INC. posted the faster year-over-year revenue change (-3.1% vs -36.9%). RCI HOSPITALITY HOLDINGS, INC. produced more free cash flow last quarter ($11.5M vs $-6.6M). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% 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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

MED vs RICK — Head-to-Head

Bigger by revenue
MED
MED
1.1× larger
MED
$75.1M
$70.9M
RICK
Growing faster (revenue YoY)
RICK
RICK
+33.7% gap
RICK
-3.1%
-36.9%
MED
More free cash flow
RICK
RICK
$18.1M more FCF
RICK
$11.5M
$-6.6M
MED
Faster 2-yr revenue CAGR
RICK
RICK
Annualised
RICK
-2.0%
-34.4%
MED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MED
MED
RICK
RICK
Revenue
$75.1M
$70.9M
Net Profit
$-5.5M
Gross Margin
69.4%
Operating Margin
-10.4%
-0.7%
Net Margin
-7.8%
Revenue YoY
-36.9%
-3.1%
Net Profit YoY
-2354.9%
EPS (diluted)
$-1.64
$-0.60

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
RICK
RICK
Q4 25
$75.1M
Q3 25
$89.4M
$70.9M
Q2 25
$105.6M
$71.1M
Q1 25
$115.7M
$65.9M
Q4 24
$119.0M
$71.5M
Q3 24
$140.2M
$73.2M
Q2 24
$168.6M
$76.2M
Q1 24
$174.7M
$72.3M
Net Profit
MED
MED
RICK
RICK
Q4 25
Q3 25
$-2.3M
$-5.5M
Q2 25
$2.5M
$4.1M
Q1 25
$-772.0K
$3.2M
Q4 24
$9.0M
Q3 24
$1.1M
$244.0K
Q2 24
$-8.2M
$-5.2M
Q1 24
$8.3M
$774.0K
Gross Margin
MED
MED
RICK
RICK
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
RICK
RICK
Q4 25
-10.4%
Q3 25
-4.6%
-0.7%
Q2 25
-1.0%
12.2%
Q1 25
-1.1%
12.4%
Q4 24
0.6%
19.5%
Q3 24
1.5%
4.8%
Q2 24
-4.7%
-3.3%
Q1 24
4.5%
6.4%
Net Margin
MED
MED
RICK
RICK
Q4 25
Q3 25
-2.5%
-7.8%
Q2 25
2.3%
5.7%
Q1 25
-0.7%
4.9%
Q4 24
12.6%
Q3 24
0.8%
0.3%
Q2 24
-4.8%
-6.9%
Q1 24
4.8%
1.1%
EPS (diluted)
MED
MED
RICK
RICK
Q4 25
$-1.64
Q3 25
$-0.21
$-0.60
Q2 25
$0.22
$0.46
Q1 25
$-0.07
$0.36
Q4 24
$0.08
$1.01
Q3 24
$0.10
$0.04
Q2 24
$-0.75
$-0.56
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
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$167.3M
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$198.9M
$261.1M
Total Assets
$248.0M
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MED
MED
RICK
RICK
Q4 25
$167.3M
Q3 25
$173.5M
$33.7M
Q2 25
$162.7M
$29.3M
Q1 25
$164.6M
$32.7M
Q4 24
$162.3M
$34.7M
Q3 24
$170.0M
$32.4M
Q2 24
$163.5M
$34.9M
Q1 24
$156.4M
$20.0M
Total Debt
MED
MED
RICK
RICK
Q4 25
Q3 25
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Q1 24
Stockholders' Equity
MED
MED
RICK
RICK
Q4 25
$198.9M
Q3 25
$214.7M
$261.1M
Q2 25
$216.0M
$269.5M
Q1 25
$211.0M
$268.8M
Q4 24
$210.1M
$269.0M
Q3 24
$207.3M
$263.4M
Q2 24
$205.3M
$271.2M
Q1 24
$211.0M
$285.8M
Total Assets
MED
MED
RICK
RICK
Q4 25
$248.0M
Q3 25
$268.2M
$596.9M
Q2 25
$269.3M
$597.4M
Q1 25
$280.0M
$589.8M
Q4 24
$284.2M
$586.2M
Q3 24
$291.2M
$584.4M
Q2 24
$293.5M
$601.0M
Q1 24
$302.8M
$609.9M
Debt / Equity
MED
MED
RICK
RICK
Q4 25
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
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
RICK
RICK
Operating Cash FlowLast quarter
$-5.3M
$13.7M
Free Cash FlowOCF − Capex
$-6.6M
$11.5M
FCF MarginFCF / Revenue
-8.8%
16.2%
Capex IntensityCapex / Revenue
1.8%
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2M
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MED
MED
RICK
RICK
Q4 25
$-5.3M
Q3 25
$12.1M
$13.7M
Q2 25
$-3.4M
$13.8M
Q1 25
$3.4M
$8.5M
Q4 24
$-4.9M
$13.3M
Q3 24
$9.1M
$15.7M
Q2 24
$13.1M
$15.8M
Q1 24
$7.3M
$10.8M
Free Cash Flow
MED
MED
RICK
RICK
Q4 25
$-6.6M
Q3 25
$10.8M
$11.5M
Q2 25
$-4.8M
$10.1M
Q1 25
$1.9M
$5.7M
Q4 24
$-7.2M
$7.6M
Q3 24
$7.7M
$10.3M
Q2 24
$11.1M
$9.3M
Q1 24
$5.4M
$3.2M
FCF Margin
MED
MED
RICK
RICK
Q4 25
-8.8%
Q3 25
12.0%
16.2%
Q2 25
-4.5%
14.2%
Q1 25
1.6%
8.6%
Q4 24
-6.1%
10.6%
Q3 24
5.5%
14.0%
Q2 24
6.6%
12.3%
Q1 24
3.1%
4.4%
Capex Intensity
MED
MED
RICK
RICK
Q4 25
1.8%
Q3 25
1.5%
3.2%
Q2 25
1.3%
5.2%
Q1 25
1.3%
4.3%
Q4 24
1.9%
8.0%
Q3 24
1.0%
7.3%
Q2 24
1.1%
8.4%
Q1 24
1.1%
10.6%
Cash Conversion
MED
MED
RICK
RICK
Q4 25
Q3 25
Q2 25
-1.36×
3.40×
Q1 25
2.65×
Q4 24
1.48×
Q3 24
8.04×
64.14×
Q2 24
Q1 24
0.88×
14.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MED
MED

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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