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
- Website: Official Website
- Year Founded: 1980
- Headquarters: Baltimore, MD
- Founder(s): William Vitale
- Current 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:
- 2019: $713 million
- 2018: $501 million
- 2017: $301 million
- 2016: $274 million
- 2015: $272 million
Medifast annual net income:
- 2019: $77.9 million
- 2018: $55.7 million
- 2017: $27.7 million
- 2016: $17.8 million
- 2015: $19.5 million