Medifast Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Public

  • Employees
  • 634


  • Stock Symbol
  • MED

Stock Symbol

  • Share Price
  • $22.76
  • (As of Thursday Closing)

Medifast General Information


Medifast Inc is a United states based company that produces, distributes and sells products concerning weight loss, weight management, and healthy living. The company generates its revenue from point of sale transactions executed over an e-commerce platform for weight loss, weight management, and other consumable health and nutritional products.

Contact Information

Formerly Known As
Healthrite, Healthrite Inc
Ownership Status
Publicly Held
Financing Status
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Personal Products
Food Products
Stock Exchange
Corporate Office
  • 100 International Drive
  • 18th Floor
  • Baltimore, MD 21202
  • United States

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Medifast Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$22.76 $24.53 $22.68 - $109.52 $249M 10.9M 448K $6.16

Medifast Financials Summary

In Thousands,
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 289,490 596,785 1,218,418 2,292,516
Revenue 897,811 1,072,054 1,598,577 1,526,087
EBITDA 96,553 139,414 195,740 223,172
Net Income 67,762 99,415 143,568 164,031
Total Assets 302,759 309,908 316,213 398,326
Total Debt 20,569 22,012 26,051 32,543
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Medifast Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Medifast Comparisons

HQ Location
Total Raised
Post Valuation
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Other Services (B2C Non-Financial)
Baltimore, MD
634 As of 2023
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Palm Beach Gardens, FL
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Salt Lake City, UT
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Medifast Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SlimFast Formerly PE-Backed Palm Beach Gardens, FL 00 000000&0
USANA Health Sciences Corporation Salt Lake City, UT 0000 00000000000
bistroMD Formerly PE-Backed Naples, FL 00 000000&0
WW Formerly PE-Backed New York, NY 0000 000.00 00000000000 000.00
Beyond Meat Formerly VC-backed El Segundo, CA 000 00000 00000000 00000
You’re viewing 5 of 10 competitors. Get the full list »

Medifast Executive Team (15)

Name Title Board Seat Contact Info
Daniel Chard Chief Executive Officer & Chairman
James Maloney Chief Financial Officer
Jonathan MacKenzie Chief Accounting Officer, Accounting & Vice President
Jason Groves Chief Legal Officer & Corporate Secretary
Nicholas Johnson Chief Field Operations Officer
You’re viewing 5 of 15 executive team members. Get the full list »

Medifast Board Members (9)

Name Representing Role Since
Andrea Thomas Medifast Board Member 000 0000
Constance Hallquist Medifast Board Member 000 0000
Daniel Chard Medifast Chief Executive Officer & Chairman 000 0000
Jeffrey Brown Self Board Member 000 0000
Michael Hoer Medifast Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

Medifast Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Medifast Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Medifast Subsidiaries (2)

Company Name Industry Location Founded
Jason Properties Asset Management Owings Mills, MD 2004
Jason Pharmaceuticals Distributors/Wholesale Owings Mills, MD 0000
To view Medifast’s complete subsidiaries history, request access »

Medifast ESG

Risk Overview

Risk Rating

Updated May, 04, 2023

32.71 | High Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,421




Household Products


00 of 113




Personal Products


00 of 88




To view Medifast’s complete esg history, request access »

Medifast FAQs

  • When was Medifast founded?

    Medifast was founded in 1981.

  • Who is the CEO of Medifast?

    Daniel Chard is the CEO of Medifast.

  • Where is Medifast headquartered?

    Medifast is headquartered in Baltimore, MD.

  • What is the size of Medifast?

    Medifast has 634 total employees.

  • What industry is Medifast in?

    Medifast’s primary industry is Other Services (B2C Non-Financial).

  • Is Medifast a private or public company?

    Medifast is a Public company.

  • What is Medifast’s stock symbol?

    The ticker symbol for Medifast is MED.

  • What is the current stock price of Medifast?

    As of 23-May-2024 the stock price of Medifast is $22.76.

  • What is the current market cap of Medifast?

    The current market capitalization of Medifast is $249M.

  • What is Medifast’s current revenue?

    The trailing twelve month revenue for Medifast is $898M.

  • Who are Medifast’s competitors?

    SlimFast, USANA Health Sciences, bistroMD, WW, and Beyond Meat are some of the 10 competitors of Medifast.

  • What is Medifast’s annual earnings per share (EPS)?

    Medifast’s EPS for 12 months was $6.16.

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