Medifast
ProfileJobs

Medifast

Suggest Edit
    • Healthclinicslifestyle

    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.

    Revenue(FY, 2017)
    $301.6 M
    Market capitalization(2018-04-20)
    $1.2 B
    Type
    Public
    HQ
    Owings Mills, US
    Founded
    1980
    Size (employees)
    422 (est)
    Website
    medifast1.com
    Medifast was founded in 1980 and is headquartered in Owings Mills, US
    Report incorrect company information

    Medifast Office Locations

    Medifast has an office in Owings Mills
    Owings Mills, US (HQ)
    11445 Cronhill Dr
    Show all (1)
    Report incorrect company information

    Medifast Financials and Metrics

    Medifast Financials

    Medifast's revenue was reported to be $301.56 m in FY, 2017
    USD

    Revenue (FY, 2017)

    		301.6 m

    Gross profit (FY, 2017)

    		227.8 m

    Gross profit margin (FY, 2017), %

    		75.5%

    Net income (FY, 2017)

    		27.7 m

    EBIT (FY, 2017)

    		39.6 m

    Market capitalization (20-Apr-2018)

    		1.2 b

    Cash (31-Dec-2017)

    		75.1 m
    Medifast's current market capitalization is $1.2 b.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		356.9 m285.3 m272.8 m274.5 m301.6 m

    Revenue growth, %

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

    Cost of goods sold

    		89 m76.1 m71.5 m68.9 m73.8 m

    Gross profit

    		267.8 m209.2 m201.3 m205.7 m227.8 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Revenue

    		86.5 m86.5 m80.9 m74 m73.4 m72.2 m65.9 m72.3 m71.1 m68.6 m70.6 m75.7 m

    Cost of goods sold

    		21.6 m22.6 m20.5 m19.1 m19.6 m19 m16.8 m19.2 m17.9 m16.4 m17.7 m18.1 m

    Gross profit

    		64.9 m63.9 m60.4 m54.9 m53.8 m53.2 m49.2 m53.2 m53.2 m52.2 m52.9 m57.6 m

    Gross profit Margin, %

    		75%74%75%74%73%74%75%74%75%76%75%76%
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		36.4 m24.5 m42 m52.4 m75.1 m

    Inventories

    		2.9 m2.9 m2.9 m18.3 m19.3 m

    Current Assets

    		92 m81.9 m88.1 m101.3 m125.2 m

    PP&E

    		40.3 m33.5 m29 m19.8 m18.6 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Cash

    		48 m41.4 m32 m27.6 m33.4 m37.1 m39 m47.3 m58.6 m57.1 m54 m63.5 m

    Inventories

    		17.5 m15.9 m17.6 m16.2 m14.2 m12.4 m11.8 m13.2 m11.4 m15 m19.9 m18 m

    Current Assets

    		106.9 m99.8 m92.3 m79.1 m87.6 m86.1 m84.7 m92.1 m97.8 m103.2 m103.6 m110.7 m

    PP&E

    		41.1 m39.1 m37.1 m36 m32.5 m31.1 m29.5 m27 m20.1 m20.1 m19.1 m18.5 m
    show all
    Annual
    usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		24 m13.2 m20.1 m17.8 m27.7 m

    Depreciation and Amortization

    		11.4 m8.1 m7.1 m5.4 m4.2 m

    Inventories

    		406 k(349 k)(56 k)(5 m)(1 m)

    Accounts Payable

    		(1.4 m)(376 k)(2.4 m)770 k10.7 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    		5.7 m6 m5.7 m4.9 m4.4 m10.7 m16.2 m4.3 m7.7 m13.7 m6.1 m13.7 m

    Depreciation and Amortization

    		3.7 m5.4 m1.6 m3 m4.2 m1.1 m2.1 m

    Inventories

    		17.6 m16.2 m14.2 m3.3 m4 m92 k2 m(1.7 m)(1.6 m)263 k

    Accounts Payable

    		25.2 m27.1 m25.5 m(596 k)(1.7 m)1.3 m(229 k)1.8 m(1.2 m)(22 k)
    show all
    USDY, 2017

    Revenue/Employee

    		712.9 k

    Financial Leverage

    		1.3 x
    Show all financial metrics

    Medifast Operating Metrics

    FY, 2016

    Distribution Centers

    		2

    Facilities

    		1
    Show all operating metrics
    Report incorrect company information

    Competitors

    The Chefs' Warehouse
    Food & Beverage - Public
    LKQ
    Automotive - Public
    Healthcare Services Group
    Health - Public
    R.R. Donnelley & Sons
    Manufacturing & Industrial - Public
    Compare competitors

    Medifast News and Updates

    January 08, 2018

    Weight Loss Services Market Growth to be Stimulated by 2025

    The rising pace of obesity and chronic diseases is creating the need for weight loss programs and obesity management. Posted via Industry Today. Follow us on Twitter @IndustryToday
    Report incorrect company information
    Download PDF