Medpace

NASDAQ: MEDP

Stock price

614.06 USD

(+0%) TODAY

Financial Performance

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5Y price score: 339

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 2,117.6%

DATE RANGE:

US$ Per
Share

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373.0

52-week range

677.9

614.06

Your model inputs

Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

4.1 %

Dividend Yield TTM

-

Market cap $

$ 17,140

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

36

Price / Book TTM

40.1

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

1

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

31.5 %

239.9 %

2,117.6 %

Free cash flow per share growth

1.7 %

283 %

1,052.6 %

Earnings per share growth

37.1 %

297.9 %

5,557.1 %

Founded: 1,992

Employees: 5,900

Business Summary:Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. It offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. The company also provides clinical development services to the pharmaceutical, biotechnology, and medical device industries; and development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support services. In addition, it offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. The company was founded in 1992 and is based in Cincinnati, Ohio.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 23, 2026)

1) Business Environment & Strategy - The business environment in Q2 2026 was strong, with record net bookings and well-managed cancellations. - RFPs increased both sequentially and year-over-year, indicating high-quality opportunities. - Oncology has regained prominence in the company's project mix, contributing over half of the overall bookings. - The company is positioning itself for continued growth into 2027.

2) Financial Results - Q2 2026 revenue was $707.3 million, a 17.2% increase YoY; year-to-date revenue reached $1.41 billion, up 21.7%. - EBITDA for Q2 was $153.4 million, a 17.6% increase YoY, with a margin of 21.7%. - Net income for Q2 was $121.4 million, up 34.5% YoY, translating to $4.25 per diluted share. - Year-to-date net income was $245.2 million, a 19.7% increase YoY.

3) Backlog & Awards - Net new business awards in Q2 increased 28.2% YoY to $795.7 million, with a net book-to-bill ratio of 1.13x. - Ending backlog as of June 30, 2026, was approximately $3 billion, up 4.9% YoY. - Approximately $1.96 billion of backlog is expected to convert to revenue in the next 12 months.

4) Operational Insights & Challenges - Cancellations have improved significantly, contributing to net bookings growth. - The company has implemented initiatives to enhance win rates, which have shown positive results. - There is uncertainty regarding future cancellations, but the overall business environment remains favorable. - The company is managing labor resources effectively with low turnover and expects high single-digit employee growth.

5) Guidance & Outlook - Full-year 2026 revenue is projected between $2.805 billion to $2.885 billion, reflecting growth of 10.9% to 14%. - EBITDA guidance for 2026 is set at $618 million to $642 million, representing growth of 10.8% to 15.1%. - Net income is expected to be in the range of $494 million to $514 million, with diluted earnings per share projected at $17.25 to $17.95.

Bottom line: Medpace is experiencing robust growth driven by a strong business environment and a shift back to oncology projects. With solid financial results and improved backlog dynamics, the outlook for 2026 remains positive, making it an attractive proposition for shareholders.

Annual Reports, Presentations And IR Contacts

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Medpace — Financial Overview, Stock Price, Market Cap

Medpace is a company. Founded in 1992. As of August 26, 2026, the company's market capitalization is $17139458502 with a current stock price of $614.06.