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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Medpace Holdings, Inc. (MEDP) trades at a price to free cash flow of 26.6×. Over the past ten years it has ranged from 9.6× (August 2016) to 33.2× (December 2021); the current reading is higher than 93% of that period. That is below the Diagnostics & Research industry median of 33.5× and above the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 23.8× 32.21%
FY2024 18.0× (24.05%)
FY2023 23.7× 23.19%
FY2022 19.2× (42.15%)
FY2021 33.2× 52.18%
FY2020 21.8× 33.08%
FY2019 16.4× 22.49%
FY2018 13.4× (20.95%)
FY2017 16.9× 3.31%
FY2016 16.4× 67.07%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 26.1× 23.72%
Jun 2026 21.1× 9.90%
Mar 2026 19.2× (19.15%)
Dec 2025 23.8× 11.16%
40 more quarters

Against its own ten years

Low 9.6× High 33.2×
Ten-year median 19.1×
Current reading's percentile 93

Price to free cash flow against peers

Company Price to free cash flow
GH Guardant Health, Inc. compare n/m
ICLR ICON PLC compare 18.1×
DGX Quest Diagnostics Incorporated compare 20.3×
QGEN QIAGEN N.V. compare 23.8×
LH Labcorp Holdings Inc. compare 25.4×
MEDP Medpace Holdings, Inc. 26.6×
RVTY Revvity Inc. compare 28.2×
ILMN Illumina, Inc. compare 30.4×
CRL Charles River Laboratories International, Inc. compare 37.6×
Diagnostics & Research industry median 33.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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