11 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 22.3% per year over the past 5 years.
Net income has grown faster than revenue (25.4% vs 22.3% per year).
Operating margin has expanded, at 21.1% in the latest year.
Free cash flow has grown 24.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.5B
$451M
0.0%
21.1%
98.3%
22.8%
$682M
—
$497M
2024
$2.1B
$404M
0.0%
21.2%
49.0%
19.2%
$572M
—
$669M
2023
$1.9B
$283M
0.0%
17.9%
50.6%
17.1%
$397M
—
$245M
2022
$1.5B
$245M
0.0%
19.1%
63.5%
18.1%
$351M
—
$28M
2021
$1.1B
$182M
0.0%
17.4%
19.1%
11.0%
$235M
—
$461M
2020
$926M
$145M
0.0%
18.0%
18.0%
10.5%
$227M
—
$278M
2019
$861M
$100M
0.0%
14.8%
13.8%
8.8%
$184M
$0
$132M
2018
$705M
$73M
0.0%
14.3%
12.2%
7.6%
$141M
$80M
$23M
2017
$436M
$39M
0.0%
14.9%
7.7%
4.1%
$86M
$222M
$26M
2016
$422M
$13M
0.0%
12.5%
2.2%
1.4%
$78M
$165M
$37M
2015
—
-$9M
—
—
-2.1%
-0.9%
—
$378M
$15M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$716M
$137M
0.0%
23.1%
23.5%
6.0%
$196M
—
$705M
Jun '26
$707M
$121M
0.0%
20.8%
28.0%
5.9%
$138M
—
$503M
Mar '26
$707M
$124M
0.0%
20.0%
20.7%
5.8%
$145M
—
$653M
Dec '25
$708M
$135M
0.0%
21.6%
29.4%
6.8%
$188M
—
$497M
Sep '25
$660M
$111M
0.0%
21.5%
37.8%
6.3%
$235M
—
$285M
Jun '25
$603M
$90M
0.0%
20.9%
52.4%
5.7%
$142M
—
$46M
Mar '25
$559M
$115M
0.0%
20.3%
19.3%
6.0%
$116M
—
$441M
Dec '24
$537M
$117M
0.0%
23.4%
14.2%
5.6%
$183M
—
$669M
Sep '24
$533M
$96M
0.0%
21.1%
10.9%
4.6%
$139M
—
$657M
Jun '24
$528M
$88M
0.0%
19.9%
11.6%
4.6%
$104M
—
$511M
Mar '24
$511M
$103M
0.0%
20.4%
15.3%
5.7%
$147M
—
$407M
Dec '23
$498M
$78M
0.0%
17.5%
14.0%
4.7%
$146M
—
$245M
Sep '23
$492M
$71M
0.0%
17.2%
15.0%
4.7%
$106M
—
$95M
Jun '23
$461M
$61M
0.0%
17.0%
15.6%
4.3%
$74M
—
$39M
Mar '23
$434M
$73M
0.0%
19.9%
21.0%
5.2%
$71M
—
$47M
Dec '22
$394M
$69M
0.0%
19.4%
17.8%
5.1%
$127M
—
$28M
Sep '22
$384M
$66M
0.0%
20.3%
18.9%
5.0%
$101M
—
$31M
Jun '22
$351M
$49M
0.0%
17.2%
17.4%
3.8%
$85M
—
$43M
Mar '22
$331M
$61M
0.0%
19.4%
10.1%
4.6%
$37M
—
$83M
Dec '21
$309M
$50M
0.0%
17.8%
5.3%
3.0%
$62M
—
$461M
Valuation over time
How the market has priced MEDP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 21.4× (Mar '23) to 40.2× (Nov '26).
The price-to-sales ratio has risen from 3.6× (Mar '23) to 7.2× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is MEDP growing its revenue and profit?
Over the past 5 years, Medpace Holdings, Inc.'s revenue has grown 22.3% per year, and net income grown 25.4% per year. These are computed facts, not advice.
How much debt does MEDP have?
As of FY2025, Medpace Holdings, Inc. reported — of total debt against $497M of cash.
What is MEDP's profit margin?
In FY2025, gross margin was —, operating margin 21.1%, and net margin 17.8%.
What is MEDP's P/E ratio?
Medpace Holdings, Inc.'s P/E (TTM) is 35.01 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MEDP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 40.2× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.