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Medifast

Stock Price

$31.5

2024-04-12

Market Capitalization

$348 M

2024-04-11

Revenue

$1.1 B

FY, 2023

Medifast Summary

Company Summary

Overview
Medifast is a provider of weight-loss programs. The OPTAVIA weight loss program offers coaches, community, transformational systems, and products and plans.
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

    Coaches

    58.7K
    8.1%

    Q1, 2023

    Clients

    3M
    50.0%

    Q1, 2023

    Manufacturing Space, sq. ft.

    49K

    FY, 2022

    LocationsView all

    1 location detected

    • Baltimore, MD HQ

      United States

      100 International Drive, 18th Floor

    Medifast Financials

    Summary Financials

    Revenue (FY, 2023)
    $1.1B
    Gross profit (FY, 2023)
    $775.9M
    Net income (FY, 2023)
    $99.4M
    Cash (FY, 2023)
    $94.4M
    EBIT (FY, 2023)
    $126.4M
    Enterprise value
    $275.6M

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