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.

Company Growth (employees)
Owings Mills, US
Size (employees)
425 (est)
Medifast was founded in 1980 and is headquartered in Owings Mills, US

Medifast Office Locations

Medifast has an office in Owings Mills
Owings Mills, US (HQ)
11445 Cronhill Dr

Medifast Data and Metrics

Medifast Financial Metrics

Medifast's revenue was reported to be $274.5 m in FY, 2016 which is a 1% increase from the previous period.

Revenue (FY, 2016)

274.5 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

205.7 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

17.8 m

EBIT (FY, 2016)

26.9 m

Market capitalization (21-Jul-2017)

507.4 m

Cash (31-Dec-2016)

52.4 m
Medifast's current market capitalization is $507.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


356.9 m285.3 m272.8 m274.5 m

Revenue growth, %


Cost of goods sold

89 m76.1 m71.5 m68.9 m

Gross profit

267.8 m209.2 m201.3 m205.7 m

Gross profit Margin, %



33.6 m30.2 m28.7 m26.9 m

EBIT margin, %


Pre tax profit

34.2 m31.7 m29.7 m27.1 m

Net Income

24 m13.2 m20.1 m17.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


36.4 m24.5 m42 m52.4 m


2.9 m2.9 m2.9 m18.3 m

Current Assets

92 m81.9 m88.1 m101.3 m


40.3 m33.5 m29 m19.8 m

Total Assets

132.7 m115.9 m117.3 m121.2 m

Accounts Payable

26.8 m21.9 m22.5 m24.3 m

Current Liabilities

27.1 m26.9 m23.6 m24.4 m

Total Liabilities

25.2 m

Additional Paid-in Capital

1.1 m2.7 m

Retained Earnings

97.7 m78.9 m88.6 m93.5 m

Total Equity

98.4 m80.5 m88.6 m96 m

Financial Leverage

1.3 x1.4 x1.3 x1.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

24 m13.2 m20.1 m17.8 m

Depreciation and Amortization

11.4 m8.1 m7.1 m5.4 m

Accounts Receivable

902 k(708 k)17 k246 k


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

Accounts Payable

(1.4 m)(376 k)(2.4 m)770 k

Cash From Operating Activities

42.4 m25.5 m29.4 m25.4 m

Purchases of PP&E

(50.7 m)(52.2 m)(18.5 m)(53.2 m)

Cash From Investing Activities

(22.6 m)(2.5 m)(189 k)(2 m)

Cash From Financing Activities

(23.3 m)(34.9 m)(11.7 m)(12.9 m)

Interest Paid

57 k131 k22 k24 k

Income Taxes Paid

10 m12.7 m4.2 m11.6 m
Y, 2016

Financial Leverage

1.3 x

Medifast Operating Metrics

Medifast's Distribution Centers was reported to be 2 in FY, 2016. Medifast's Facilities was reported to be 1 in FY, 2016
FY, 2016

Distribution Centers




Medifast Market Value History

Medifast Revenue Breakdown

Medifast Online and Social Media Presence

Medifast Company Life and Culture

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