Medpace Holdings (MEDP) Financial Statements
Price: $287.11
Market Cap: $8.75B
Avg Volume: 356.08K
Market Cap: $8.75B
Avg Volume: 356.08K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Medpace Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.11B | $1.89B | $1.46B | $1.14B | $925.92M | $860.97M | $704.59M | $436.15M | $421.58M | $359.06M |
| Cost of Revenue | $1.45B | $1.36B | $1.03B | $814.22M | $647.20M | $615.27M | $489.06M | $261.46M | $249.47M | $202.66M |
| Gross Profit | $656.30M | $524.50M | $432.44M | $328.15M | $278.73M | $245.70M | $215.53M | $174.69M | $172.11M | $156.39M |
| Gross Profit Ratio | 31.12% | 27.81% | 29.62% | 28.73% | 30.10% | 28.54% | 30.59% | 40.05% | 40.83% | 43.56% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $159.85M | $130.10M | $107.22M | $91.46M | $94.55M | $75.68M | $63.36M | $61.51M | $56.60M |
| Selling and Marketing Expenses | $- | $1.50M | $1.30M | $1.20M | $700.00K | $700.00K | $800.00K | $600.00K | $600.00K | $400.00K |
| Selling General and Administrative Expenses | $180.18M | $161.35M | $131.40M | $108.42M | $92.16M | $95.25M | $75.68M | $63.36M | $61.51M | $57.00M |
| Other Expenses | $29.25M | $26.33M | $22.34M | $21.12M | $19.53M | $23.19M | $1.06M | $-354.00K | $-423.00K | $174.00K |
| Operating Expenses | $209.44M | $187.68M | $153.74M | $129.54M | $111.68M | $118.43M | $114.48M | $109.83M | $119.62M | $126.52M |
| Cost and Expenses | $1.66B | $1.55B | $1.18B | $943.76M | $758.88M | $733.71M | $603.54M | $371.29M | $369.09M | $329.18M |
| Interest Income | $- | $- | $2.90M | $105.00K | $307.00K | $1.57M | $- | $- | $- | $- |
| Interest Expense | $- | $488.00K | $2.90M | $105.00K | $307.00K | $1.57M | $8.16M | $7.56M | $19.38M | $27.26M |
| Depreciation and Amortization | $- | $26.33M | $40.36M | $37.41M | $33.45M | $23.19M | $38.80M | $46.47M | $58.11M | $69.52M |
| EBITDA | $446.87M | $363.15M | $301.04M | $219.73M | $186.57M | $150.45M | $140.91M | $110.98M | $110.60M | $102.60M |
| EBITDA Ratio | 21.19% | 19.26% | 20.62% | 19.23% | 20.15% | 17.47% | 20.00% | 25.44% | 26.24% | 28.57% |
| Operating Income | $446.87M | $336.82M | $278.70M | $198.62M | $167.04M | $127.26M | $101.05M | $64.86M | $52.49M | $33.08M |
| Operating Income Ratio | 21.19% | 17.86% | 19.09% | 17.39% | 18.04% | 14.78% | 14.34% | 14.87% | 12.45% | 9.21% |
| Total Other Income Expenses Net | $29.05M | $-1.14M | $4.16M | $3.24M | $1.49M | $-2.43M | $-7.10M | $-7.91M | $-30.53M | $-28.39M |
| Income Before Tax | $475.92M | $335.68M | $282.86M | $201.85M | $168.53M | $124.83M | $93.95M | $56.95M | $21.96M | $-7.83M |
| Income Before Tax Ratio | 22.57% | 17.80% | 19.37% | 17.67% | 18.20% | 14.50% | 13.33% | 13.06% | 5.21% | -2.18% |
| Income Tax Expense | $71.54M | $52.87M | $37.49M | $20.00M | $23.15M | $24.39M | $20.77M | $17.82M | $8.53M | $843.00K |
| Net Income | $404.39M | $282.81M | $245.21M | $181.39M | $144.93M | $100.16M | $72.89M | $39.03M | $13.39M | $-8.67M |
| Net Income Ratio | 19.17% | 15.00% | 16.80% | 15.88% | 15.65% | 11.63% | 10.35% | 8.95% | 3.18% | -2.42% |
| EPS | $13.06 | $9.20 | $7.57 | $5.06 | $4.07 | $2.79 | $2.05 | $1.00 | $0.38 | $-0.28 |
| EPS Diluted | $12.63 | $8.88 | $7.28 | $4.81 | $3.84 | $2.67 | $1.97 | $0.98 | $0.37 | $-0.28 |
| Weighted Average Shares Outstanding | 30.96M | 30.72M | 32.39M | 35.86M | 35.63M | 35.88M | 35.55M | 39.06M | 35.69M | 39.63M |
| Weighted Average Shares Outstanding Diluted | 32.01M | 31.84M | 33.67M | 37.70M | 37.71M | 37.58M | 36.91M | 39.84M | 36.33M | 39.63M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $669.44M | $245.45M | $28.27M | $461.30M | $277.77M | $131.92M | $23.27M | $26.48M | $37.10M | $14.88M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $669.44M | $245.45M | $28.27M | $461.30M | $277.77M | $131.92M | $23.27M | $26.48M | $37.10M | $14.88M |
| Net Receivables | $296.44M | $298.40M | $253.40M | $186.43M | $160.96M | $155.66M | $133.45M | $83.08M | $79.77M | $65.09M |
| Inventory | $- | $- | $- | $- | $- | $1 | $7.00K | $7.00K | $308.00K | $2.86M |
| Other Current Assets | $63.35M | $49.98M | $52.29M | $86.35M | $69.85M | $58.89M | $21.39M | $20.41M | $16.38M | $14.75M |
| Total Current Assets | $1.03B | $593.83M | $333.96M | $690.91M | $473.65M | $317.03M | $178.11M | $129.97M | $133.25M | $94.72M |
| Property Plant Equipment Net | $252.26M | $265.39M | $248.92M | $222.71M | $198.83M | $99.44M | $52.26M | $48.74M | $43.80M | $37.51M |
| Goodwill | $662.40M | $662.40M | $662.40M | $662.40M | $662.40M | $662.40M | $660.98M | $660.98M | $660.98M | $660.98M |
| Intangible Assets | $34.37M | $35.81M | $38.01M | $41.36M | $46.47M | $54.35M | $69.18M | $98.74M | $136.07M | $186.74M |
| Goodwill and Intangible Assets | $696.76M | $698.21M | $700.40M | $703.76M | $708.87M | $716.75M | $730.16M | $759.72M | $797.05M | $847.72M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $100.36M | $74.44M | $48.08M | $25.13M | $536.00K | $376.00K | $713.00K | $6.34M | $97.00K | $157.00K |
| Other Non-Current Assets | $22.25M | $24.97M | $21.13M | $17.42M | $8.79M | $9.48M | $6.69M | $5.94M | $4.90M | $3.93M |
| Total Non-Current Assets | $1.07B | $1.06B | $1.02B | $969.02M | $917.03M | $826.04M | $789.82M | $820.75M | $845.86M | $889.32M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.10B | $1.66B | $1.35B | $1.66B | $1.39B | $1.14B | $967.93M | $950.72M | $979.11M | $984.04M |
| Account Payables | $32.53M | $31.87M | $33.07M | $25.68M | $26.55M | $22.40M | $16.74M | $16.67M | $10.91M | $8.73M |
| Short Term Debt | $- | $- | $69.27M | $- | $- | $- | $2.10M | $16.50M | $12.38M | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $559.86M | $462.73M | $344.64M | $255.66M | $192.36M | $147.94M | $73.76M | $65.67M | $51.05M |
| Other Current Liabilities | $1.07B | $333.40M | $238.40M | $186.90M | $157.89M | $128.24M | $90.25M | $85.78M | $79.65M | $74.24M |
| Total Current Liabilities | $1.10B | $925.13M | $803.47M | $557.22M | $440.11M | $343.00M | $257.03M | $192.71M | $168.60M | $134.02M |
| Long Term Debt | $126.23M | $142.12M | $138.87M | $130.97M | $115.14M | $45.21M | $104.20M | $231.71M | $179.79M | $408.15M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $84.51M | $11.47M | $- | $- |
| Deferred Tax Liabilities Non-Current | $1.80M | $2.40M | $1.07M | $1.08M | $13.55M | $12.85M | $439.00K | $560.00K | $12.03M | $21.10M |
| Other Non-Current Liabilities | $42.73M | $28.22M | $23.77M | $17.75M | $16.09M | $15.72M | $12.80M | $10.74M | $7.97M | $7.29M |
| Total Non-Current Liabilities | $170.77M | $172.75M | $162.64M | $149.79M | $144.79M | $73.79M | $121.20M | $254.48M | $199.79M | $436.55M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.28B | $1.10B | $966.11M | $707.01M | $584.90M | $416.79M | $378.23M | $447.19M | $368.39M | $570.57M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $306.00K | $308.00K | $309.00K | $360.00K | $355.00K | $360.00K | $356.00K | $355.00K | $407.00K | $326.00K |
| Retained Earnings | $8.17M | $-221.65M | $-359.83M | $234.98M | $115.23M | $68.11M | $-41.49M | $-120.40M | $-9.58M | $-23.01M |
| Accumulated Other Comprehensive Income Loss | $-14.74M | $-10.07M | $-12.39M | $-4.85M | $-131.00K | $-2.74M | $-2.52M | $-734.00K | $-3.74M | $-2.56M |
| Other Total Stockholders Equity | $831.82M | $790.36M | $758.30M | $722.43M | $690.33M | $660.55M | $633.35M | $624.31M | $623.63M | $438.72M |
| Total Stockholders Equity | $825.54M | $558.95M | $386.39M | $952.93M | $805.78M | $726.28M | $589.70M | $503.53M | $610.71M | $413.47M |
| Total Equity | $825.54M | $558.95M | $386.39M | $952.93M | $805.78M | $726.28M | $589.70M | $503.53M | $610.71M | $413.47M |
| Total Liabilities and Stockholders Equity | $2.10B | $1.66B | $1.35B | $1.66B | $1.39B | $1.14B | $967.93M | $950.72M | $979.11M | $984.04M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.10B | $1.66B | $1.35B | $1.66B | $1.39B | $1.14B | $967.93M | $950.72M | $979.11M | $984.04M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $126.23M | $142.12M | $188.87M | $130.97M | $115.14M | $45.21M | $79.72M | $221.61M | $163.64M | $377.88M |
| Net Debt | $-543.20M | $-103.33M | $160.60M | $-330.34M | $-162.62M | $-86.71M | $56.45M | $195.13M | $126.54M | $363.00M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $404.39M | $282.81M | $245.37M | $181.85M | $145.38M | $100.44M | $73.19M | $39.12M | $13.43M | $-8.67M |
| Depreciation and Amortization | $29.25M | $26.33M | $22.34M | $21.12M | $19.53M | $23.19M | $38.80M | $46.47M | $58.11M | $69.52M |
| Deferred Income Tax | $-26.63M | $-25.12M | $-23.01M | $-37.11M | $527.00K | $10.05M | $3.94M | $3.24M | $-9.01M | $-12.69M |
| Stock Based Compensation | $25.51M | $20.52M | $21.41M | $14.47M | $13.78M | $20.74M | $6.50M | $4.46M | $9.81M | $22.32M |
| Change in Working Capital | $157.18M | $106.49M | $106.06M | $66.71M | $66.26M | $35.59M | $39.60M | $12.88M | $7.10M | $1.88M |
| Accounts Receivables | $2.24M | $-48.28M | $-66.92M | $-24.98M | $-5.53M | $-21.26M | $-27.05M | $-2.90M | $-13.73M | $337.00K |
| Inventory | $- | $66.19M | $- | $24.98M | $5.53M | $21.26M | $27.79M | $446.00K | $6.25M | $- |
| Accounts Payables | $-2.96M | $1.05M | $6.43M | $1.87M | $-2.60M | $4.73M | $1.34M | $4.82M | $691.00K | $2.48M |
| Other Working Capital | $157.90M | $87.52M | $166.54M | $64.84M | $68.85M | $30.86M | $37.52M | $10.52M | $13.88M | $-604.00K |
| Other Non Cash Items | $19.11M | $22.35M | $15.89M | $16.30M | $13.20M | $11.86M | $-5.44M | $-8.79M | $12.28M | $11.76M |
| Net Cash Provided by Operating Activities | $608.82M | $433.37M | $388.05M | $263.33M | $258.68M | $201.87M | $156.58M | $97.39M | $91.73M | $84.12M |
| Investments in Property Plant and Equipment | $- | $-36.65M | $-36.88M | $-28.27M | $-31.34M | $-17.91M | $-16.02M | $-12.29M | $-13.54M | $-6.46M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-28.31M | $2.02M | $-1.86M | $-3.09M | $126.00K | $-1.23M | $-949.00K | $56.00K | $115.00K | $33.00K |
| Net Cash Used for Investing Activities | $-28.31M | $-34.63M | $-38.74M | $-31.36M | $-31.21M | $-19.14M | $-16.97M | $-12.24M | $-13.42M | $-6.43M |
| Debt Repayment | $- | $-50.00M | $50.00M | $- | $- | $-80.44M | $-142.19M | $57.62M | $-228.88M | $-116.06M |
| Common Stock Issued | $- | $- | $- | $- | $- | $6.52M | $2.49M | $- | $173.58M | $608.00K |
| Common Stock Repurchased | $-169.87M | $-144.02M | $-847.85M | $-62.10M | $-98.27M | $- | $- | $-155.58M | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $15.86M | $11.38M | $22.07M | $17.64M | $15.99M | $6.52M | $608.00K | $130.00K | $-2.71M | $-1.04M |
| Net Cash Used Provided by Financing Activities | $-154.01M | $-182.64M | $-775.77M | $-44.45M | $-82.28M | $-73.92M | $-141.58M | $-97.83M | $-58.01M | $-116.49M |
| Effect of Forex Changes on Cash | $-2.51M | $1.08M | $-6.57M | $-3.97M | $666.00K | $-167.00K | $-1.24M | $1.76M | $-632.00K | $-601.00K |
| Net Change in Cash | $423.99M | $217.18M | $-433.04M | $183.54M | $145.85M | $108.64M | $-3.21M | $-10.91M | $19.67M | $-39.41M |
| Cash at End of Period | $669.44M | $245.45M | $28.27M | $461.30M | $277.77M | $131.92M | $23.28M | $26.49M | $37.41M | $14.88M |
| Cash at Beginning of Period | $245.45M | $28.27M | $461.30M | $277.77M | $131.92M | $23.28M | $26.49M | $37.41M | $17.74M | $54.28M |
| Operating Cash Flow | $608.82M | $433.37M | $388.05M | $263.33M | $258.68M | $201.87M | $156.58M | $97.39M | $91.73M | $84.12M |
| Capital Expenditure | $- | $-36.65M | $-36.88M | $-28.27M | $-31.34M | $-17.91M | $-16.02M | $-12.29M | $-13.54M | $-6.46M |
| Free Cash Flow | $608.82M | $396.73M | $351.17M | $235.06M | $227.34M | $183.96M | $140.56M | $85.09M | $78.19M | $77.65M |