Medpace Holdings, Inc. (BMV:MEDP)

Medpace Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,358	2,109	1,886	1,460	1,142	925.93
Revenue Growth (YoY)	13.88%	11.84%	29.17%	27.80%	23.38%	7.54%
Cost of Revenue	717.5	682.1	638.25	534.89	441.09	354.43
Gross Profit	1,641	1,427	1,248	925.11	701.29	571.5
Selling, General & Admin	198.08	180.18	161.35	131.4	108.42	92.16
Amortization of Goodwill & Intangibles	1.07	1.44	2.2	3.35	5.11	7.88
Other Operating Expenses	907.26	770.65	723.09	492.67	373.13	292.77
Operating Expenses	1,134	980.09	910.77	646.41	502.67	404.46
Operating Income	507.04	446.87	336.83	278.7	198.62	167.04
Interest Expense	-	-	-0.49	-2.91	-0.11	-
Interest & Investment Income	16.94	25	-	-	-	0.31
Currency Exchange Gain (Loss)	-0.5	-0.5	-1.93	3.86	2.78	0.51
Other Non Operating Income (Expenses)	-4.06	4.55	1.27	3.21	0.56	0.67
EBT Excluding Unusual Items	519.43	475.92	335.68	282.86	201.85	168.53
Pretax Income	519.43	475.92	335.68	282.86	201.85	168.53
Income Tax Expense	86.42	71.54	52.87	37.49	20	23.15
Net Income	433.01	404.39	282.81	245.37	181.85	145.38
Preferred Dividends & Other Adjustments	0.09	0.04	0.19	0.16	0.46	0.46
Net Income to Common	432.92	404.34	282.62	245.21	181.39	144.93
Net Income Growth	18.42%	42.99%	15.26%	34.93%	25.08%	44.74%
Shares Outstanding (Basic)	30	31	31	32	36	36
Shares Outstanding (Diluted)	30	32	32	34	38	38
Shares Change (YoY)	-5.48%	0.54%	-5.44%	-10.68%	-0.03%	0.35%
EPS (Basic)	14.67	13.06	9.20	7.57	5.06	4.07
EPS (Diluted)	14.32	12.63	8.88	7.28	4.81	3.84
EPS Growth	25.36%	42.23%	21.98%	51.35%	25.26%	43.82%
Free Cash Flow	676.77	572.27	396.73	351.17	235.06	227.34
Free Cash Flow Per Share	22.37	17.88	12.46	10.43	6.24	6.03
Gross Margin	69.58%	67.66%	66.16%	63.36%	61.39%	61.72%
Operating Margin	21.50%	21.19%	17.86%	19.09%	17.39%	18.04%
Profit Margin	18.36%	19.17%	14.99%	16.79%	15.88%	15.65%
Free Cash Flow Margin	28.70%	27.13%	21.04%	24.05%	20.58%	24.55%
EBITDA	535.54	476.12	363.15	301.04	219.73	186.57
EBITDA Margin	22.71%	22.57%	19.26%	20.62%	19.23%	20.15%
D&A For EBITDA	28.5	29.25	26.33	22.34	21.12	19.53
EBIT	507.04	446.87	336.83	278.7	198.62	167.04
EBIT Margin	21.50%	21.19%	17.86%	19.09%	17.39%	18.04%
Effective Tax Rate	16.64%	15.03%	15.75%	13.26%	9.91%	13.73%
Advertising Expenses	-	1.5	1.5	1.3	1.2	0.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.