Medifast is a leading provider of clinically proven, portion-controlled weight-loss programs. Medifast is on a mission to enrich lives by providing innovative choices for lasting health.When you choose Medifast, you get a powerful product along with the support of an unusually committed company. We are passionate about offering hope to those who want freedom from obesity.

Unlike other companies who manufacture their foods overseas, Medifast makes most of its products in our wholly-owned manufacturing facility just a couple of blocks from our executive offices in Owings Mills, MD. We offer over 70 meal replacement products, including bars, brownies, soups, chili, puddings, and oatmeals.

Company Growth (employees)
Owings Mills, US
Size (employees)
422 (est)
Medifast was founded in 1980 and is headquartered in Owings Mills, US

Medifast Office Locations

Medifast has an office in Owings Mills
Owings Mills, US (HQ)
11445 Cronhill Dr
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Medifast Financials and Metrics

Medifast Financials

Medifast's revenue was reported to be $274.5 m in FY, 2016

Revenue (Q2, 2017)

75.7 m

Gross profit (Q2, 2017)

57.6 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

7.6 m

EBIT (Q2, 2017)

11.3 m

Market capitalization (16-Feb-2018)

835.9 m

Cash (30-Jun-2017)

63.5 m
Medifast's current market capitalization is $835.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


356.9 m285.3 m272.8 m274.5 m

Revenue growth, %


Cost of goods sold

89 m76.1 m71.5 m68.9 m

Gross profit

267.8 m209.2 m201.3 m205.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


86.5 m86.5 m80.9 m74 m73.4 m72.2 m65.9 m72.3 m71.1 m68.6 m70.6 m75.7 m

Cost of goods sold

21.6 m22.6 m20.5 m19.1 m19.6 m19 m16.8 m19.2 m17.9 m16.4 m17.7 m18.1 m

Gross profit

64.9 m63.9 m60.4 m54.9 m53.8 m53.2 m49.2 m53.2 m53.2 m52.2 m52.9 m57.6 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


36.4 m24.5 m42 m52.4 m


2.9 m2.9 m2.9 m18.3 m

Current Assets

92 m81.9 m88.1 m101.3 m


40.3 m33.5 m29 m19.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


48 m41.4 m32 m27.6 m33.4 m37.1 m39 m47.3 m58.6 m57.1 m54 m63.5 m


17.5 m15.9 m17.6 m16.2 m14.2 m12.4 m11.8 m13.2 m11.4 m15 m19.9 m18 m

Current Assets

106.9 m99.8 m92.3 m79.1 m87.6 m86.1 m84.7 m92.1 m97.8 m103.2 m103.6 m110.7 m


41.1 m39.1 m37.1 m36 m32.5 m31.1 m29.5 m27 m20.1 m20.1 m19.1 m18.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

24 m13.2 m20.1 m17.8 m

Depreciation and Amortization

11.4 m8.1 m7.1 m5.4 m

Accounts Receivable

902 k(708 k)17 k246 k


406 k(349 k)(56 k)(5 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

5.7 m6 m5.7 m4.9 m4.4 m10.7 m16.2 m4.3 m7.7 m13.7 m6.1 m13.7 m

Depreciation and Amortization

3.7 m5.4 m1.6 m3 m4.2 m1.1 m2.1 m

Accounts Receivable

(341 k)(219 k)(482 k)6 k502 k(102 k)477 k


17.6 m16.2 m14.2 m3.3 m4 m92 k2 m(1.7 m)(1.6 m)263 k
Y, 2017

Financial Leverage

1.2 x
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Medifast Operating Metrics

FY, 2016

Distribution Centers



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Medifast Market Value History

Medifast Revenue Breakdown

Medifast's Web-traffic and Trends

Medifast Online and Social Media Presence

Medifast News and Updates

Weight Loss Services Market Growth to be Stimulated by 2025

The rising pace of obesity and chronic diseases is creating the need for weight loss programs and obesity management. Posted via Industry Today. Follow us on Twitter @IndustryToday

Medifast Company Life and Culture

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