Medifast

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)
Type
Public
HQ
Owings Mills, US
Founded
1980
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

Medifast Data and Metrics

Medifast Financial Metrics

Medifast's revenue was reported to be $70.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

70.6 m

Gross profit (Q1, 2017)

52.9 m

Gross profit margin (Q1, 2017), %

75%

Net income (Q1, 2017)

6.1 m

EBIT (Q1, 2017)

8.6 m

Market capitalization (22-Sep-2017)

679.4 m

Cash (31-Mar-2017)

54 m
Medifast's current market capitalization is $679.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

356.9 m285.3 m272.8 m274.5 m

Revenue growth, %

12%(20%)(4%)1%

Cost of goods sold

89 m76.1 m71.5 m68.9 m

Gross profit

267.8 m209.2 m201.3 m205.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

80.9 m74 m73.4 m72.2 m65.9 m72.3 m71.1 m68.6 m70.6 m

Cost of goods sold

20.5 m19.1 m19.6 m19 m16.8 m19.2 m17.9 m16.4 m17.7 m

Gross profit

60.4 m54.9 m53.8 m53.2 m49.2 m53.2 m53.2 m52.2 m52.9 m

Gross profit Margin, %

75%74%73%74%75%74%75%76%75%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

36.4 m24.5 m42 m52.4 m

Inventories

2.9 m2.9 m2.9 m18.3 m

Current Assets

92 m81.9 m88.1 m101.3 m

PP&E

40.3 m33.5 m29 m19.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

32 m27.6 m33.4 m37.1 m39 m47.3 m58.6 m57.1 m54 m

Inventories

17.6 m16.2 m14.2 m12.4 m11.8 m13.2 m11.4 m15 m19.9 m

Current Assets

92.3 m79.1 m87.6 m86.1 m84.7 m92.1 m97.8 m103.2 m103.6 m

PP&E

37.1 m36 m32.5 m31.1 m29.5 m27 m20.1 m20.1 m19.1 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

Inventories

406 k(349 k)(56 k)(5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

5.7 m4.9 m4.4 m6.2 m5.5 m4.3 m3.4 m6.1 m6.1 m

Depreciation and Amortization

1.1 m

Accounts Receivable

(102 k)

Inventories

17.6 m16.2 m14.2 m12.4 m11.8 m13.2 m11.4 m15 m(1.6 m)
USDY, 2017

Revenue/Employee

166.8 k

Financial Leverage

1.2 x
Show all financial metrics

Medifast Operating Metrics

FY, 2016

Distribution Centers

2

Facilities

1
Show all operating metrics

Medifast Market Value History

Medifast Revenue Breakdown

Traffic Overview of Medifast

Medifast Online and Social Media Presence

Medifast Company Life and Culture

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