Company

Medifast, Inc.

Headquarters: Baltimore, MD, United States

Founded: 1980

Employees: 984

CEO: Mr. Daniel R. Chard

NYSE: MED -0.51%

Market Cap

$702.6 Million

USD as of Jan. 1, 2024

Market Cap History

Medifast, Inc. market capitalization over time

Evolution of Medifast, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Medifast, Inc.

Detailed Description

Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.

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Stocks & Indices

Medifast, Inc. has the following listings and related stock indices.


Stock: NYSE: MED wb_incandescent

Stock: BME: MDF wb_incandescent

Stock: FSX: MDF wb_incandescent

Stock: OTC: DUROF wb_incandescent

Product & Services

Medifast diet

Key People

Daniel R. Chard, CEO

Financials

Revenue: US$ 934.8 million (2020)

Operating income: US$ 134.2 million (2020)

Net income: US$ 102.9 million (2020)


Total assets: US$ 276.1 million (2020)

Total equity: US$ 157.2 million (2020)

Details

Headquarters:

100 International Drive

18th Floor

Baltimore, MD 21202

United States

Phone: 410 581 8042