Medifast Statistics, Revenue Totals, Facts & News (2022)
Last Updated on: April 19th, 2022
Here are a few of the most interesting Medifast statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Medifast Facts
- Medifast Website: Official Website
- Year Medifast was Founded: 1980
- Medifast Headquarters: Baltimore
- Medifast Founder(s): William Vitale
- Current Medifast Chief Executive: Daniel Chard
What is Medifast?
Medifast (NYSE: MED) is the global company behind one of the fastest growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of Coaches and a Community to help Clients achieve Lifelong Transformation, One Healthy Habit at a Time®. Based on nearly 40 years of experience, Medifast has redefined direct selling by combining the best aspects of the model. Its community of thousands of independent OPTAVIA Coaches teach Clients how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast is traded on the New York Stock Exchange and ranked second on FORTUNE’s 100 Fastest-Growing Companies list in 2020. The company was also named to Forbes’ 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com. (source)
Medifast Revenue Totals
Medifast annual revenue:
- 2021: $1.526 billion
- 2020: $934 million
- 2019: $713 million
- 2018: $501 million
- 2017: $301 million
- 2016: $274 million
- 2015: $272 million
Medifast annual net income:
- 2021: $164 million
- 2020: $102 million
- 2019: $77.9 million
- 2018: $55.7 million
- 2017: $27.7 million
- 2016: $17.8 million
- 2015: $19.5 million
Please note that some of these numbers are easier to find than others. A few of these Medifast stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
Related Categories:
Related Tags: