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Medifast
AddedMar 19, 2024
UpdatedJul 9, 2026
Medifast

Medifast

Public

Medifast: Health & wellness company with online physician network & corporate wellness programs.

HQ
Baltimore, MD, US
Founded
1981
Overview
Compare
Employees
Website

Founded in 1981 and headquartered in Baltimore, Maryland, Medifast, Inc. is a public company listed on the NYSE under the ticker MED. The company's core mission is to promote lifelong transformation through healthy habits. Medifast manufactures and distributes a variety of weight loss, weight management, and healthy living products under the OPTAVIA brand. Their offerings include bars, shakes, soups, and other consumable health products, targeting markets in the United States and the Asia-Pacific region.

Key figures affiliated with Medifast include Daniel R. Chard, who serves as Executive Chairman and CEO. The company has achieved significant financial milestones, with revenues reaching approximately $1.6 billion in 2022. Medifast's impact is notable in the health and wellness industry, particularly through its OPTAVIA program, which emphasizes holistic wellness over quick fixes. The company is also a component of the S&P 600, underscoring its financial stability and market influence.

Medifast - Similar Companies

Herbalife logo

Herbalife

herbalife.com

WW International logo

WW International

weightwatchers.com

Smart for Life logo

Smart for Life

BODi logo

BODi

beachbody.com

Isagenix International logo

Isagenix International

Mend Nutrition logo

Mend Nutrition

mend.me

Everyday Health logo

Everyday Health

everydayhealth.com

VitaMedMD logo

VitaMedMD

vitamedmd.com

Simplex Health logo

Simplex Health

simplexhealth.com

Max-Wellness logo

Max-Wellness

max-wellness.com

Zero logo

Zero

zerofasting.com

Dynamic Health & Wellness logo

Dynamic Health & Wellness

LyfeStart International logo

LyfeStart International

Meals for Miles logo

Meals for Miles

mealsformiles.com

Trifecta logo

Trifecta

Medifast - Quick Facts

Who are Medifast's competitors?

Companies similar to Medifast include Herbalife, WW International, Smart for Life and BODi.

When was Medifast founded?

Medifast was founded in 1981.

Where is Medifast's headquarters located?

Medifast's headquarters is located in Baltimore, MD, US.

How many employees does Medifast have?

Medifast has 874 employees as of Feb 6, 2024.

Medifast - Classification

Industry
  • Retail
Ownership
  • Public
Technology
  • Nutrition
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
Main Product
  • Health Products
Tags
  • eCommerce
  • Healthtech
Unique IDs
  • ein: 133714405
  • secCik: 0000910329
  • ticker: MED
NAICS
  • 310000Manufacturing
  • 311000Food Manufacturing
SIC
  • 2000Food And Kindred Products
  • 2090Miscellaneous Food Preparations And Kindred Products
Show 6 more industry codes
NAICS
  • 620000Health Care and Social Assistance
  • 623000Nursing and Residential Care Facilities
SIC
  • 4000Railroad Transportation
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified