Medifast, Inc. (MED)
NYSE: MED · IEX Real-Time Price · USD
25.74
-0.36 (-1.38%)
At close: May 31, 2024, 4:00 PM
25.42
-0.32 (-1.24%)
After-hours: May 31, 2024, 7:16 PM EDT

Medifast Revenue

Medifast had revenue of $897.81M in the twelve months ending March 31, 2024, down -41.32% year-over-year. Revenue in the quarter ending March 31, 2024 was $174.74M, a -49.93% decrease year-over-year. In the year 2023, Medifast had annual revenue of $1.07B, a decrease of -32.94%.

Revenue (ttm)
$897.81M
Revenue Growth
-41.32%
P/S Ratio
0.31
Revenue / Employee
$1,416,106
Employees
634
Market Cap
281.52M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 20231.07B-526.52M-32.94%
Dec 31, 20221.60B72.49M4.75%
Dec 31, 20211.53B591.25M63.25%
Dec 31, 2020934.84M221.17M30.99%
Dec 31, 2019713.67M212.67M42.45%
Dec 31, 2018501.00M199.44M66.14%
Dec 31, 2017301.56M27.03M9.85%
Dec 31, 2016274.53M1.76M0.65%
Dec 31, 2015272.77M-12.51M-4.39%
Dec 31, 2014285.29M-38.77M-11.96%
Dec 31, 2013324.05M5.48M1.72%
Dec 31, 2012318.57M20.38M6.84%
Dec 31, 2011298.19M40.64M15.78%
Dec 31, 2010257.55M87.81M51.73%
Dec 31, 2009169.74M59.67M54.21%
Dec 31, 2008110.08M26.30M31.39%
Dec 31, 200783.78M9.69M13.08%
Dec 31, 200674.09M33.96M84.62%
Dec 31, 200540.13M12.79M46.78%
Dec 31, 200427.34M1.96M7.73%
Dec 31, 200325.38M13.03M105.58%
Dec 31, 200212.35M7.32M145.82%
Dec 31, 20015.02M1.12M28.84%
Dec 31, 20003.90M-753.00K-16.19%
Dec 31, 19994.65M-1.31M-22.00%
Dec 31, 19985.96M-8.40M-58.48%
Dec 31, 199714.36M-2.14M-12.98%
Dec 31, 199616.50M485.00K3.03%
Dec 31, 199516.02M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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