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 year | Lifeway FoodsLWAY, 2025 | MedifastMED, 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 |