Medpace Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	497.05	669.44	245.45	28.27	461.3
Cash & Short-Term Investments	497.05	669.44	245.45	28.27	461.3
Cash Growth	-25.75%	172.74%	768.38%	-93.87%	66.08%
Accounts Receivable	402.08	296.54	298.6	253.4	186.43
Other Receivables	-	24.1	9.5	11.3	-
Receivables	402.08	320.64	308.1	264.7	186.43
Prepaid Expenses	90.5	39.15	40.28	40.99	43.18
Total Current Assets	989.62	1,029	593.83	333.96	690.91
Property, Plant & Equipment	248.87	252.26	265.39	248.92	222.71
Goodwill	662.4	662.4	662.4	662.4	662.4
Other Intangible Assets	33.42	34.37	35.81	38.01	41.36
Long-Term Deferred Tax Assets	19.22	100.36	74.44	48.08	25.13
Other Long-Term Assets	21.94	22.25	24.97	21.13	17.42
Total Assets	1,975	2,101	1,657	1,352	1,660
Accounts Payable	28.14	32.53	31.87	33.07	25.68
Accrued Expenses	408.38	307.81	292.96	222.63	159.29
Short-Term Debt	-	-	-	50	-
Current Portion of Leases	-	23.29	22.37	19.27	16.28
Current Unearned Revenue	854.39	710.59	559.86	462.73	344.64
Other Current Liabilities	52.83	30.34	18.08	15.78	11.34
Total Current Liabilities	1,344	1,105	925.13	803.47	557.22
Long-Term Leases	113.64	126.23	142.12	138.87	130.97
Long-Term Deferred Tax Liabilities	1.36	1.8	2.4	1.07	1.08
Other Long-Term Liabilities	57.66	42.73	28.22	22.7	17.75
Total Liabilities	1,516	1,275	1,098	966.11	707.01
Common Stock	0.28	0.31	0.31	0.31	0.36
Additional Paid-In Capital	935.83	844.05	802.68	770.79	727.86
Retained Earnings	-459.98	8.17	-221.65	-359.83	234.98
Treasury Stock	-12.16	-12.24	-12.32	-12.5	-5.43
Comprehensive Income & Other	-4.91	-14.74	-10.07	-12.39	-4.85
Shareholders' Equity	459.07	825.55	558.95	386.39	952.93
Total Liabilities & Equity	1,975	2,101	1,657	1,352	1,660
Total Debt	113.64	149.52	164.49	208.14	147.24
Net Cash (Debt)	383.41	519.91	80.96	-179.87	314.06
Net Cash Growth	-26.26%	542.17%	-	-	114.04%
Net Cash Per Share	12.98	16.24	2.54	-5.34	8.33
Filing Date Shares Outstanding	28.3	30.47	30.69	31.05	35.23
Total Common Shares Outstanding	28.3	30.56	30.68	31.02	35.83
Working Capital	-354.12	-75.32	-331.3	-469.51	133.7
Book Value Per Share	16.22	27.01	18.22	12.46	26.60
Tangible Book Value	-236.75	128.78	-139.26	-314.02	249.17
Tangible Book Value Per Share	-8.37	4.21	-4.54	-10.12	6.95
Land	-	5.03	4.83	2.41	2.45
Buildings	-	15.82	16.42	13.59	13.77
Machinery	-	180.47	171.56	145.44	117.58
Construction In Progress	-	21.17	7.18	10.52	10.46
Order Backlog	3,027	2,902	2,813	-	-

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