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) Operating margin

Alert me on Operating margin

Medpace Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was 21.4%, up 0.2 percentage points from fiscal 2025 (21.1%). Over the past ten years it has ranged from 5.73% (fiscal 2015) to 21.2% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Diagnostics & Research industry median of −5.68% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 21.1% (0.05)
FY2024 21.2% 3.33
FY2023 17.9% (1.23)
FY2022 19.1% 1.70
FY2021 17.4% (0.65)
FY2020 18.0% 3.26
FY2019 14.8% 0.44
FY2018 14.3% (0.53)
FY2017 14.9% 2.42
FY2016 12.5% 6.72

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 23.1% 2.36
Jun 2026 20.8% 0.73
Mar 2026 20.0% (1.60)
Dec 2025 21.6% 0.14
40 more quarters

Against its own ten years

Low 5.73% High 21.2%
Ten-year median 17.4%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
MEDP Medpace Holdings, Inc. 21.4%
QGEN QIAGEN N.V. compare 21.2%
ILMN Illumina, Inc. compare 21.2%
DGX Quest Diagnostics Incorporated compare 14.6%
RVTY Revvity Inc. compare 12.7%
LH Labcorp Holdings Inc. compare 10.3%
ICLR ICON PLC compare 8.72%
CRL Charles River Laboratories International, Inc. compare 4.00%
GH Guardant Health, Inc. compare −39.4%
Diagnostics & Research industry median −5.68%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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