Medpace Holdings, Inc. MEDP

618.88 (1.71) (0.28%) as of 25 Sep
Market cap
$17.3B
P/E
35.6×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 407.70
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell 4 11 2 — — 1 — 1 — 2 12 3
Insider Ownership 20.14%

Capital & Financial Ratios

Market Cap 17,320.00
Revenue 2,782.29
Net Income 491.50
Free Cash Flow 706.69
Net Debt (502.69)
Current Ratio 0.73
Debt/Equity 0.00
P/E ratio 35.59
P/S ratio 6.27
P/B ratio 40.19
Past 5Y EPS Growth 36.50%
This Y EPS Growth 15.20%
Next Y EPS Growth 9.92%
Next 5Y EPS Growth 12.05%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 245 669 497 503
Receivables 298 296 402 442
Inventory — — — —
Other — — — —
594 1,029 990 1,050
2023 2024 2025 Q'26
Payables 32 33 28 38
ST’ Debt — — — —
Other 600 764 907 947
925 1,105 1,344 1,435
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 21.56% 22.27% 20.12%
Cash Flow 23.58% 22.49% 22.49%
Earnings 0.00% 25.50% 22.51%
Book Value 1.05% (10.64%) 5.91%

Revenue

Mar Jun Sep Dec Year
’26 707 707 — — —
’25 559 603 660 708 2,530
’24 511 528 533 537 2,109
’23 434 461 492 498 1,886
’22 331 351 384 394 1,460
’21 260 278 296 309 1,142
’20 231 205 230 260 926
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 152 162 — — —
’25 126 149 246 193 713
’24 153 116 149 191 609
’23 80 83 114 156 433
’22 46 97 108 137 388
’21 57 63 72 71 263
’20 49 44 60 105 259
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 145 138 — — —
’25 116 142 235 188 682
’24 147 104 139 183 572
’23 71 74 106 146 397
’22 37 85 101 127 351
’21 51 57 66 62 235
’20 44 35 51 98 227
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 4.28 4.25 — — —
’25 3.67 3.10 3.86 4.67 15.28
’24 3.20 2.75 3.01 3.67 12.63
’23 2.27 1.93 2.22 2.46 8.88
’22 1.69 1.46 2.05 2.12 7.28
’21 1.14 1.06 1.29 1.32 4.81
’20 0.76 0.64 1.09 1.35 3.84
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.9
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
26.51 21.76 31.75 48.18 58.72 130.74 126.95 167.00 277.72 250.05

Analyst estimates 2026–2028

Powerpack
Low Price
38.94 39.64 65.09 86.71 150.57 231.00 235.72 317.57 459.77 626.26
High Price
2,500 2,500 2,900 3,500 3,600 4,500 5,200 5,900 5,900 6,200
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
422 436 705 861 926 1,142 1,460 1,886 2,109 2,530
Revenue
52.91% 51.45% 64.19% 62.72% 61.72% 61.39% 63.36% 66.16% 67.66% 71.06%
Gross Margin
22 57 94 125 169 202 283 336 476 542
EBT
5.21% 13.06% 13.33% 14.50% 18.20% 17.67% 19.37% 17.80% 22.57% 21.44%
EBT Margin
13 39 73 100 145 182 245 283 404 451
Net Income
61 38 32 23 19 21 22 26 29 28
Depreciation
11.81 11.17 19.82 24.00 25.98 31.85 45.08 61.38 68.13 87.72
Revenue/Sh
0.38 1.00 2.05 2.79 4.07 5.06 7.57 9.20 13.06 15.64
Earnings/Sh
2.57 2.49 4.41 5.63 7.26 7.34 11.98 14.11 19.67 24.73
Cash Flow/Sh
(0.38) (0.31) (0.45) (0.50) (0.88) (0.79) (1.14) (1.19) (1.18) (1.09)
Capex/Sh
2.19 2.18 3.95 5.13 6.38 6.55 10.84 12.91 18.49 23.64
Free CF/Sh
17.11 12.89 16.59 20.24 22.61 26.57 11.93 18.19 26.67 15.91
Book Value/Sh
36 39 36 36 36 36 32 31 31 29
Shares
90.29 37.14 25.20 30.13 34.20 43.01 27.37 33.22 25.44 35.87
PE Ratio
3.04 3.33 2.67 3.50 5.36 6.83 4.62 4.98 4.88 6.40
PS Ratio
2.10 2.88 3.19 4.15 6.16 8.19 17.46 16.80 12.46 35.29
PB Ratio
3.41 3.83 2.81 3.42 5.20 6.56 4.73 4.93 4.64 6.27
EV/Sales
18.37 19.52 14.08 15.98 21.17 31.87 19.67 23.46 17.09 23.27
EV/FCF
92 97 157 202 259 263 388 433 609 713
Op' Cash Flow
(14) (12) (16) (18) (31) (28) (37) (37) (37) (31)
Capex
78 85 141 184 227 235 351 397 572 682
FCF
(35) (63) (79) (26) 34 134 (470) (331) (75) (354)
Working Cap'
192 248 106 56 131 147 189 — — —
Total Debt
155 222 83 (76) (147) (314) 161 (245) (669) (497)
Net Debt
611 504 590 726 806 953 386 559 826 459
Sh' Equity
1.37% 4.05% 7.60% 9.49% 11.44% 11.92% 16.29% 18.80% 21.52% 22.13%
ROA
4.29% 5.59% 9.39% 12.23% 15.84% 19.44% 31.84% 67.15% 178.91% 0.00%
ROIC
2.62% 7.02% 13.34% 15.22% 18.92% 20.68% 36.64% 59.83% 58.42% 70.23%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Medpace Holdings, Inc. (MEDP) key facts

  • Medpace Holdings, Inc. (MEDP) is a Diagnostics & Research company in the Healthcare sector, listed on Nasdaq.
  • Medpace Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 20.0% from fiscal 2024.
  • Net income was $451.1 million, or $15.64 per share (basic), a net margin of 17.8%.
  • As of September 25, 2026, MEDP traded at $618.88, a market capitalization of $17.3 billion.
  • At that price the stock trades at 35.6× trailing-twelve-month earnings and 6.3× sales.
  • Return on equity was 70.2% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Medpace Holdings, Inc. (MEDP) Latest News

News by impact score

Fine-tune

22 Sep

3

Analysts expect Medpace's next quarterly EPS to rise 15.28% YoY and revenue to grow 7.4%, signaling improving profitability from demand in outsourced clinical research. The near-term momentum hinges on converting backlog into revenue and tight cost control. Medpace raised full-year guidance in Q2 2026 to revenue of $2.805–$2.885 billion and EPS of $17.25–$17.95, underscoring execution on existing contracts. A key risk is revenue concentration among its largest clients, which could amplify sensitivity to client budgets. Looking further, analysts outline a path to about $3.4 billion in revenue and $628.9 million in earnings by 2029, though views vary and downside risk exists. Backlog durability and client concentration remain central to the earnings narrative and margin outlook. Near-term earnings momentum is positive due to raised guidance, but client concentration risk keeps upside potential guarded.

21 Sep

3

Medpace Holdings (MEDP) is in focus ahead of its upcoming earnings, with expectations for higher EPS and revenue. The stock has risen recently: 1-day gain of 1.94%, 7-day 4.84%, and 90-day 31.83%, trading near $624.20 amid a multi-year rally. The company is portrayed as a high-quality CRO with a differentiated small-biotech focus, strong therapeutic expertise, a global full-service platform, operating margins above 20%, low capital needs, substantial cash and no funded debt. Yet valuation concerns persist: a widely cited fair value of $536 implies the current price is about 16.5% overvalued, with a P/E around 35.4x versus peers. Risks include potential backlog pressure if smaller biopharma funding tightens and concerns around founder control governance. The piece also invites readers to compare MEDP with a list of solid balance-sheet stocks for fresh ideas. Trading above a stated fair value implies a moderate sentiment impact without an implied fundamental pivot.

3

Medpace (MEDP) closed at $624.20, up 1.94% in the session, outpacing the S&P 500’s 1.49% gain; Dow +0.71%, Nasdaq +2.26%. Over the past month, the stock fell 1.36% while the Medical sector declined 1.14% and the S&P 500 rose 0.1%. Investors await the upcoming earnings release, with consensus calling for EPS of $4.45 for the upcoming quarter, up 15.28% year over year, and quarterly revenue of $708.75 million, up 7.4%. For the full year, Zacks Consensus sees EPS of $17.54 on revenue of $2.84 billion, representing roughly 14.8% earnings growth and 12.4% revenue growth. MEDP holds a Zacks Rank of #3 (Hold). Valuation remains rich: forward P/E of 34.91 vs. industry 17.31 and a PEG of 2.73 vs. 1.48 for Medical Services; industry rank mid-pack. Near-term growth expectations and premium valuation point to a moderate but not transformative impact on MEDP.

27 Aug

4

Medpace Holdings reported Q2 earnings, prompting buy, sell or hold analysis for MEDP shares based on results and outlook. Q2 earnings and investment stance directly affect near-term stock movement and sentiment.

17 Aug

4

Medpace Holdings beat revenue expectations and raised guidance, prompting questions on whether this alters the company's narrative. Revenue beat and guidance hike signal stronger financial outlook likely to shift investor sentiment and company trajectory.

3

Medpace Holdings beat Q2 estimates and raised guidance but is assessed as fully valued at current prices with limited further upside. Q2 beat and guidance raise show solid results yet full valuation caps material further gains.

14 Aug

3

Medpace Holdings beat Q1 earnings and revenue estimates, driving stock gains and prompting an upward revision to its fiscal 2027 outlook. Q1 earnings and revenue beat plus raised fiscal 2027 guidance point to improved near-term financial results and positive market reaction.

13 Aug

3

Medpace Holdings Q4 earnings met estimates with revenues surpassing targets, prompting a stock price rise. Q4 results meeting estimates with revenue outperformance influence near-term stock movement and sentiment without altering long-term strategy.

3

Medpace Holdings stock carries 37% upside potential based on current valuation analysis in the healthcare services sector. Stock upside projection can lift near-term investor sentiment and trading activity without altering core operations.

7 Aug

4

Medpace Holdings beat Q1 earnings and revenue estimates, lifting its stock price while raising its fiscal 2027 outlook. Q1 beat plus raised 2027 guidance points to stronger financial trajectory and investor sentiment.

5 Aug

4

Medpace Holdings beats Q2 earnings and revenue estimates, raises 2026 outlook, and sees pre-market stock gains. Q2 beat combined with raised 2026 guidance signals strong operational momentum and improved growth trajectory.

3

Medpace Holdings achieved record Q2 bookings that may support stronger growth through 2027. Record Q2 bookings signal potential revenue gains but fall short of altering core operations or market position.

25 Jul

4

Medpace Holdings raised its 2026 guidance and expanded backlog, driving an 11.8% stock increase. Raising 2026 guidance and expanding backlog signals stronger future revenue and competitive positioning for Medpace.

23 Jul

4

Medpace Holdings Inc posted strong revenue growth and record results in its Q2 2026 earnings call. Strong Q2 2026 revenue growth and records signal major positive shifts in financial trajectory and investor sentiment.

3

Medpace Holdings stock rises sharply today on positive company developments. Stock surge reflects short-term sentiment lift without evidence of fundamental long-term shifts.

3 transcript

Medpace Holdings reported Q2 revenue growth, updated financial guidance and operational metrics during its earnings call. Quarterly earnings data and guidance revisions typically produce moderate effects on near-term stock movement and sentiment.

3 transcript

Medpace Holdings, Inc. held its Q2 2026 earnings call, covering financial results, operational updates, and forward guidance. Earnings call details financial results and guidance that moderately shape near-term investor sentiment and valuation.

22 Jul

4

Medpace notched a big bookings beat and reversed its first-quarter malaise. Bookings beat and reversal of prior-quarter weakness signal stronger operational momentum likely to lift future results and investor views.

4

Medpace exceeded Q2 CY2026 expectations resulting in an 18.6% stock price increase. Earnings beat drives 18.6% stock surge indicating significant positive shift in performance outlook.

3

Medpace Holdings reported its second quarter 2026 financial results. Quarterly results supply updated revenue and earnings data that can shift near-term valuation and trading activity.

21 Jul

3

Medpace Holdings (MEDP) is scheduled to report Q2 earnings with focus on revenue growth, backlog expansion and operating margins in its clinical research services. Upcoming quarterly earnings can moderately move share price and near-term sentiment but represent routine updates rather than structural change.

11 Jul

3

Medpace Holdings (MEDP) stock rallies even as cautious sentiment questions its valuation. Valuation concerns can moderately pressure investor sentiment and near-term share performance.

7 Jul

3

Medpace Holdings growth trends indicate shifting CRO demand patterns projected into 2026. Shifting CRO demand trends moderately affect Medpace future revenue and positioning without transforming core operations.

6 Jul

3

Medpace stock outlook hinges on backlog quality and cancellation trends. Backlog metrics can sway short-term investor views on revenue stability without reshaping company trajectory.

18 Jun

3

Medpace Holdings exhibits strong revenue growth, expanding clinical research services demand and solid market positioning that enhance its appeal for investors focused on healthcare outsourcing opportunities. Investment analysis highlights growth factors likely to influence near-term sentiment without altering core operations or long-term trajectory.

5 Jun

3

Medpace faces multiple lawsuits alongside an EVP operating leadership change, prompting analysis of potential investor reactions and effects on stock performance. Lawsuits combined with an operating leadership shift can moderately influence Medpace investor sentiment and near-term stability.

17 May

3

Medpace Holdings shows two supportive factors for growth and investor attention alongside one risk area that could limit upside or add volatility to its stock performance. Balanced mix of supportive and cautionary points points to moderate influence on near-term sentiment and operations without signaling major trajectory changes.

15 May

4

Medpace Holdings faces class action lawsuits spotlighting inadequate backlog disclosures and corporate governance issues. Class actions over backlog disclosures and governance expose Medpace to legal risks, potential settlements, and damaged investor confidence that could significantly alter its market trajectory.

14 May

3

Drug development inputs and services stocks' Q1 earnings analyzed, spotlighting Medpace Holdings (NASDAQ:MEDP) performance. Q1 earnings reflection influences financial performance and market sentiment moderately.

3 May

3

Medpace Holdings (MEDP) is a strong buy recommendation due to 12% year-over-year revenue growth, $2.7 billion backlog, 25% net new business awards, undervaluation at 14x forward earnings versus peers, and favorable CRO industry tailwinds from rising R&D spending. Strong operational metrics and undervaluation suggest moderately noticeable positive influence on financial performance and investor sentiment.

stockrow.com/MEDP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com