MEDIFAST INC Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Medifast Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Medifast Inc Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $449K, a 86.9% decline year-over-year.
  • Medifast Inc Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $4.99M, a 84.2% decline year-over-year.
  • Medifast Inc annual Income Tax Expense (Benefit) for 2023 was $29.4M, a 27.4% decline from 2022.
  • Medifast Inc annual Income Tax Expense (Benefit) for 2022 was $40.5M, a 22.3% decline from 2021.
  • Medifast Inc annual Income Tax Expense (Benefit) for 2021 was $52.1M, a 65.9% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $29.4M -$11.1M -27.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-20
2022 $40.5M -$11.6M -22.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-20
2021 $52.1M +$20.7M +65.9% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-20
2020 $31.4M +$17M +117% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-21
2019 $14.4M -$312K -2.11% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $14.8M +$2.15M +17.1% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $12.6M +$3.32M +35.7% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $9.29M -$817K -8.09% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $10.1M -$560K -5.25% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-16
2014 $10.7M -$1.24M -10.4% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-16
2013 $11.9M +$1.99M +20.1% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-15
2012 $9.91M +$775K +8.48% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-16
2011 $9.14M -$2.94M -24.4% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-17
2010 $12.1M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.