Medpace Holdings, Inc.

MEDP Healthcare Diagnostics & Research

Medpace Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 20.0% from fiscal 2024.

Revenue
+8.50%
EPS
+24.6%
Free cash flow
−16.6%

Quarter to September 2026, against a year earlier

634.63 22.14 −3.37%
Market cap
$17.8B
P/E
34.6×
Fwd P/E
35.8×
Dividend yield
—
F-score
8/9
Altman Z
8.04
Beneish M
−2.92
Dividend safety
n/a

Medpace Holdings, Inc. (MEDP) Free cash flow

Alert me on Free cash flow

Medpace Holdings, Inc.'s free cash flow for fiscal 2025 was $681.9M, up 19.2% from $572.3M in fiscal 2024. Over the twelve months to 30 September 2026 it was $667.6M. Over the past ten years it has ranged from $78.2M (fiscal 2016) to $681.9M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 9 consecutive fiscal years. Medpace Holdings, Inc. ranks 11th of 49 Diagnostics & Research companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $681.9M 19.15%
FY2024 $572.3M 44.25%
FY2023 $396.7M 12.97%
FY2022 $351.2M 49.40%
FY2021 $235.1M 3.40%
FY2020 $227.3M 23.58%
FY2019 $184.0M 30.87%
FY2018 $140.6M 65.19%
FY2017 $85.1M 8.82%
FY2016 $78.2M (1.52%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $196.4M 42.24%
Jun 2026 $138.1M (4.74%)
Mar 2026 $145.0M (22.93%)
Dec 2025 $188.1M (20.12%)
41 more quarters

Against its own ten years

Low $78.2M High $681.9M
Ten-year median $227.3M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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