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    Medifast

    American multi-level marketing company

    Company typePublic

    Traded as

    NYSE: MED
    IndustryWeight loss, multi-level marketing
    Founded1981[1]
    Headquarters

    Baltimore, Maryland

    ,

    United States

    Key people

    Daniel R.

    Chard, Executive Chairman and CEO[2]

    ProductsOptavia
    Medifast diet (retired 2021)[3]
    Revenue US$ 934.8 million (2020), US$1,526,087 (2021), US$1,598,577 (2022) [4][5]

    Operating income

    US$ 134.2 million (2020) [4][5]

    Net income

    US$ 102.9 million (2020) [4][5]
    Total assets US$ 276.1 million (2020) [4][5]
    Total equity US$ 157.2 million (2020) [4][5]

    Number of employees

    713 (2020)[5]
    Websitemedifastinc.com

    Medifast, Inc. (NYSE: MED) is an American nutrition and weight loss company based in Baltimore, Maryland.

    Medifast produces, distri