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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.

TypePublic
Founded1980
HQBaltimore, US
Websitemedifast1.com
Employee Ratings2.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)550(+31%)
Job Openings65
Revenue (FY, 2019)$713.7 M(+43%)
Share Price (Nov 2020)$169.6
Cybersecurity ratingAMore

Medifast Office Locations

Medifast has an office in Baltimore
Baltimore, US (HQ)
International Drive
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Medifast Financials and Metrics

Medifast Revenue

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Medifast's revenue was reported to be $713.67 m in FY, 2019
USD

Revenue (Q3, 2020)

271.5m

Gross profit (Q3, 2020)

204.0m

Gross profit margin (Q3, 2020), %

75.2%

Net income (Q3, 2020)

34.5m

EBIT (Q3, 2020)

44.6m

Market capitalization (13-Nov-2020)

2.0b

Closing stock price (13-Nov-2020)

169.6

Cash (30-Sept-2020)

156.5m

EV

1.8b
Medifast's current market capitalization is $2 b.
USDQ2, 2011

Financial Leverage

1.4 x
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Medifast Operating Metrics

FY, 2016

Distribution Centers

2

Facilities

1
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Medifast Revenue Breakdown

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Medifast revenue breakdown by business segment: 81.0% from Take Shape For Life, 12.8% from Medifast Direct, 5.7% from MWCC- Franchise and 0.5% from Other

Medifast Cybersecurity Score

Cybersecurity ratingPremium dataset

A

99/100

SecurityScorecard logo

Medifast Online and Social Media Presence

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Medifast Company Culture

  • Overall Culture

    A+

    91/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

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Medifast News and Updates

Medifast, Inc. Names Jim Maloney as Chief Financial Officer

BALTIMORE, July 20, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, today announced that it has appointed James (Jim) Maloney as Chief Financial Officer, effective July 20, 2020. In his role, Mr....

Medifast Announces Chief Financial Officer Transition

BALTIMORE, March 4, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that Timothy G. Robinson, Chief Financial Officer, will be stepping down from his position at the company on March...

Medifast, Inc. to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2019

BALTIMORE, Feb. 13, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven programs and healthy living products, will announce financial results for the fourth quarter and full year ended December 31, 2019 on Wednesday, February 26,...

Engaged Capital to Consider Bid for Medifast

Engaged Capital to Consider Bid for Medifast

Medifast, Inc. Announces 56 Percent Increase in Quarterly Dividend

BALTIMORE, Dec. 11, 2018 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven, healthy living products and programs, announced today that its Board of Directors has declared a $0.75 cash dividend to its stockholders. The quarterly cash...

Medifast, Inc. Completes $10 Million Stock Repurchase

BALTIMORE, Nov. 14, 2018 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven, healthy living products and programs, today announced it has completed a $10 million stock repurchase. This repurchase was made as part of the Company's...
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Medifast Blogs

How to Live Life in the Grey

Typically, when we think of the color grey a dull or uninteresting image comes to our minds. Or perhaps we think of it as the opposite of a lively and... Read More

Medifast Frequently Asked Questions

  • When was Medifast founded?

    Medifast was founded in 1980.

  • How many employees does Medifast have?

    Medifast has 550 employees.

  • What is Medifast revenue?

    Latest Medifast annual revenue is $713.7 m.

  • What is Medifast revenue per employee?

    Latest Medifast revenue per employee is $1.3 m.

  • Who are Medifast competitors?

    Competitors of Medifast include You Beauty, Curant Health and The Joint.

  • Where is Medifast headquarters?

    Medifast headquarters is located at International Drive, Baltimore.

  • Where are Medifast offices?

    Medifast has an office in Baltimore.

  • How many offices does Medifast have?

    Medifast has 1 office.