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Medifast

Medifast

Stock Price

$115.3

2023-02-17

Market Capitalization

$1.3 B

2023-02-17

Revenue

$1.6 B

FY, 2022

Medifast Summary

Company summary

Overview
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.
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

  • Jim Maloney

    Jim Maloney, Chief Financial Officer

  • Tony Tyree

    Tony Tyree, Chief Business Operations Officer

  • Nicholas Johnson

    Nicholas Johnson, Chief Field Operations Officer

    Operating MetricsView all

    Facilities Owned

    2

    FY, 2020

    Facilities Leased

    5
    25.0%

    FY, 2020

    Coaches

    61K
    44.9%

    Q3, 2021

    LocationsView all

    1 location detected

    • Baltimore, MD HQ

      United States

      Legg Mason Tower, 100 International Drive #18th

    Medifast Financials

    Summary financials

    Revenue (FY, 2022)
    $1.6B
    Gross profit (FY, 2022)
    $1.1B
    Net income (FY, 2022)
    $143.6M
    Cash (FY, 2022)
    $87.7M
    EBIT (FY, 2022)
    $184.8M
    Enterprise value
    $1.2B

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