Medpace Holdings, Inc. (MEDP)

Medpace Holdings Income Statement

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

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

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q