Craft

Medifast

Stock Price

$18.5

2024-10-29

Market Capitalization

$202.5 M

2024-10-29

Revenue

$1.1 B

FY, 2023

Medifast Summary

Company Summary

Overview
Medifast is a company that provides weight-loss programs. It operates the OPTAVIA weight loss solution program which offers coaches, community, transformational systems, and products and plans.
Type
Public
Status
Active
Founded
1981
HQ
Baltimore, MD, US | view all locations
Website
https://medifastinc.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Dan R. Chard

    Dan R. Chard, Chairman and Chief Executive Officer

  • James Maloney

    James Maloney, Chief Financial Officer

  • Claudia Greninger

    Claudia Greninger, Chief Human Resources Officer

  • Anthony Tyree

    Anthony Tyree, Chief Business Operations Officer

Operating MetricsView all

Product Lines

65

FY, 2023

Clients

3M
50.0%

FY, 2023

Distribution Centers Space, sq. ft.

119K

FY, 2023

LocationsView all

2 locations detected

  • Baltimore, MD HQ

    United States

    100 International Drive, 18th Floor

  • Annapolis, MD

    United States

    Festival at Riva, 2331-C Forest Drive

Medifast Financials

Summary Financials

Revenue (Q3, 2024)
$140.2M
Gross profit (Q3, 2024)
$105.7M
Net income (Q3, 2024)
$1.1M
Cash (Q3, 2024)
$115.3M
EBIT (Q3, 2024)
$2.1M
Enterprise value
$104.8M

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