OverviewSuggest Edit

Medifast is a provider of clinically proven, portion-controlled weight-loss programs. It also offers a replacement for products, including bars, brownies, soups, chili, puddings, and oatmeals.
TypePublic
Founded1981
HQBaltimore, MD, US
Websitemedifastinc.com
Employee Ratings2.9
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)713(+30%)
Revenue (FY, 2020)$934.8 M(+31%)
Share Price (Dec 2021)$210.4(-7%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Medifast

Dan R. Chard

Dan R. Chard

Chairman and Chief Executive Officer
Jim Maloney

Jim Maloney

Chief Financial Officer
Tony Tyree

Tony Tyree

Chief Marketing Officer
Nicholas Johnson

Nicholas Johnson

President, Coach and Client Experience
Jason L. Groves

Jason L. Groves

Executive Vice President, General Counsel & Corporate Secretary
Claudia Greninger

Claudia Greninger

Executive Vice President, Human Resources
Show more

Medifast Office Locations

Medifast has an office in Baltimore
Baltimore, MD, US (HQ)
100 International Drive, 18th Floor
Show all (1)

Medifast Financials and Metrics

Medifast Revenue

Embed Graph
View revenue for all periods
Medifast's revenue was reported to be $934.84 m in FY, 2020
USD

Revenue (Q1, 2021)

340.7m

Gross profit (Q1, 2021)

248.5m

Gross profit margin (Q1, 2021), %

73%

Net income (Q1, 2021)

41.1m

EBIT (Q1, 2021)

52.8m

Market capitalization (1-Dec-2021)

2.3b

Closing stock price (1-Dec-2021)

210.4

Cash (31-Mar-2021)

206.0m

EV

2.1b
Medifast's current market capitalization is $2.3 b.
USDQ2, 2011

Financial Leverage

1.4 x
Show all financial metrics

Medifast Operating Metrics

FY, 2016

Distribution Centers

2

Facilities

1
Show all operating metrics

Medifast Revenue Breakdown

Embed Graph

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

98/100

SecurityScorecard logo

Medifast Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Medifast Online and Social Media Presence

Embed Graph

Medifast Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    95/100

  • Compensation

    A-

    80/100

Learn more on Comparably

Medifast News and Updates

Medifast Survey Finds 93% of U.S. Adults Set Health Goals

BALTIMORE, June 11, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one the fastest-growing health and wellness communities, OPTAVIA®, today released findings from a nationally-representative study on consumer health priorities and motivators. In an earlier survey...

Worldwide Nutrition and Weight Management Products Industry to 2025 - Featuring Tivity Health, Herbalife Nutrition, WW International and Medifast Among Others

Dublin, May 27, 2021 (GLOBE NEWSWIRE) -- The "Global Nutrition and Weight Management Products Market: Size, Trends and Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.

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
Show more

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 1981.

  • Who are Medifast key executives?

    Medifast's key executives are Dan R. Chard, Jim Maloney and Tony Tyree.

  • How many employees does Medifast have?

    Medifast has 713 employees.

  • What is Medifast revenue?

    Latest Medifast annual revenue is $934.8 m.

  • What is Medifast revenue per employee?

    Latest Medifast revenue per employee is $1.3 m.

  • Who are Medifast competitors?

    Competitors of Medifast include Newell Brands, Nutrisystem and Landec.

  • Where is Medifast headquarters?

    Medifast headquarters is located at 100 International Drive, 18th Floor, Baltimore.

  • Where are Medifast offices?

    Medifast has an office in Baltimore.

  • How many offices does Medifast have?

    Medifast has 1 office.