undamentalytics Newsletter

Lifeway Foods vs Medifast

Medifast is the larger business, with $386m of revenue in fiscal 2025 against $212m for Lifeway Foods (1.8 times as much). Lifeway Foods grew faster (13.7% against -36.0%). Lifeway Foods kept more of each dollar of sales as profit: a net margin of 6.5% against -4.8%. Lifeway Foods carries less debt relative to equity (0.0% against 0.0%).

Latest fiscal yearLifeway FoodsLWAY, 2025MedifastMED, 2025
Revenue $212m $386m
Revenue growth 13.7% -36.0%
Net income $13.9m −$18.7m
Operating margin 7.6% -3.7%
Net margin 6.5% -4.8%
Return on equity 17.6% -9.1%
Free cash flow −$16.4m $1.2m
Cash $5.6m $89.3m
Total debt $0 $0
Debt to equity 0.0% 0.0%
Dividend per share — —
Dividend yield — 0.1%
Share buybacks — $0
Employees — 380
Market value $333m $141m
Price vs our value range — Below our value range
Moat score 42 (Weak) 75 (Strong)
Insider trades, 12 months 15 buys, 41 sales 13 buys, 2 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.