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Medpace Holdings, Inc. (MEDP) Stock Fundamental Analysis & AI Rating 2026

MEDP Nasdaq Services-Commercial Physical & Biological Research DE CIK: 0001668397
Updated This Month • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Rating
BUY
72% Confidence
N/A
BUY
72% Conf
Pending
Analysis scheduled

📊 MEDP Key Takeaways

Revenue: $706.6M
Net Margin: 17.5%
Free Cash Flow: $145.0M
Current Ratio: 0.85x
Debt/Equity: 0.00x
EPS: $4.28
AI Rating: BUY with 72% confidence
Medpace Holdings, Inc. (MEDP) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $706.6M, net profit margin of 17.5%, and return on equity (ROE) of 20.7%, Medpace Holdings, Inc. demonstrates strong fundamentals in the Healthcare sector. Below is our complete MEDP stock analysis for 2026.

Is Medpace Holdings, Inc. (MEDP) a Good Investment?

Claude

Medpace demonstrates strong operational fundamentals with 20% revenue growth, robust 20% operating margins, and exceptional free cash flow generation ($145M, 20.5% of revenue). The company's zero debt, substantial cash reserves ($652.7M), and 20.7% ROE reflect financial strength, though net income growth stagnation despite revenue expansion and liquidity concerns warrant monitoring.

Why Buy Medpace Holdings, Inc. Stock? MEDP Key Strengths

Claude
  • + Strong revenue growth of 20% YoY demonstrates market demand and business momentum
  • + Exceptional free cash flow generation of $145M (20.5% FCF margin) with minimal capex requirements
  • + Zero long-term debt with $652.7M cash reserves providing financial flexibility and strategic optionality
  • + Excellent profitability with 20.0% operating margin and 17.5% net margin indicating operational efficiency
  • + High ROE of 20.7% demonstrates effective deployment of shareholder capital

MEDP Stock Risks: Medpace Holdings, Inc. Investment Risks

Claude
  • ! Current ratio of 0.85x indicates potential short-term liquidity constraint; current assets insufficient to cover current liabilities
  • ! Net income growth of 0% YoY despite 20% revenue growth suggests margin compression or unfavorable operating leverage
  • ! Divergence between strong FCF and flat net income raises questions about earnings quality and accrual management
  • ! CRO sector cyclicality and client concentration risks typical of clinical research outsourcing business
  • ! Insider activity of 12 Form 4 filings in 90 days warrants monitoring for insider confidence signals

Key Metrics to Watch

Claude
  • * Current ratio trajectory and working capital management - resolution of liquidity concern
  • * Operating margin sustainability with scale and revenue growth continuation
  • * Free cash flow conversion rate relative to net income to assess quality of earnings
  • * Client concentration and contract backlog trends to evaluate growth sustainability
  • * Capital allocation decisions and potential share repurchase activity driving EPS growth

Medpace Holdings, Inc. (MEDP) Financial Metrics & Key Ratios

Revenue
$706.6M
Net Income
$123.9M
EPS (Diluted)
$4.28
Free Cash Flow
$145.0M
Total Assets
$2.1B
Cash Position
$652.7M

💡 AI Analyst Insight

The 20.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

MEDP Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 20.0%
Net Margin 17.5%
ROE 20.7%
ROA 5.8%
FCF Margin 20.5%

MEDP vs Healthcare Sector: How Medpace Holdings, Inc. Compares

How Medpace Holdings, Inc. compares to Healthcare sector averages

Net Margin
MEDP 17.5%
vs
Sector Avg 12.0%
MEDP Sector
ROE
MEDP 20.7%
vs
Sector Avg 15.0%
MEDP Sector
Current Ratio
MEDP 0.8x
vs
Sector Avg 2.0x
MEDP Sector
Debt/Equity
MEDP 0.0x
vs
Sector Avg 0.6x
MEDP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Medpace Holdings, Inc. Stock Overvalued? MEDP Valuation Analysis 2026

Based on fundamental analysis, Medpace Holdings, Inc. appears fundamentally strong relative to the Healthcare sector in 2026.

Return on Equity
20.7%
Sector avg: 15%
Net Profit Margin
17.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Medpace Holdings, Inc. Balance Sheet: MEDP Debt, Cash & Liquidity

Current Ratio
0.85x
Quick Ratio
0.85x
Debt/Equity
0.00x
Debt/Assets
71.9%
Interest Coverage
N/A
Long-term Debt
$0.0

MEDP Revenue & Earnings Growth: 5-Year Financial Trend

MEDP 5-year financial data: Year 2021: Revenue $1.1B, Net Income $100.4M, EPS $2.67. Year 2022: Revenue $1.5B, Net Income $145.4M, EPS $3.84. Year 2023: Revenue $1.9B, Net Income $181.8M, EPS $4.81. Year 2024: Revenue $2.1B, Net Income $245.4M, EPS $7.28. Year 2025: Revenue $2.5B, Net Income $282.8M, EPS $8.88.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Medpace Holdings, Inc.'s revenue has grown significantly by 121% over the 5-year period, indicating strong business expansion. The most recent EPS of $8.88 reflects profitable operations.

MEDP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.5%
Free cash flow / Revenue

MEDP Quarterly Earnings & Performance

Quarterly financial performance data for Medpace Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $558.6M $114.6M $3.67
Q3 2025 $533.3M $88.4M $3.01
Q2 2025 $528.1M $88.4M $2.75
Q1 2025 $511.0M $102.6M $3.20
Q3 2024 $492.5M $61.1M $2.22
Q2 2024 $460.9M $61.1M $1.93
Q1 2024 $434.1M $72.9M $2.27
Q3 2023 $383.7M $49.4M $2.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Medpace Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$151.8M
Cash generated from operations
Capital Expenditures
$6.8M
Investment in assets
Dividends
None
No dividend program

MEDP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Medpace Holdings, Inc. (CIK: 0001668397)

📋 Recent SEC Filings

Date Form Document Action
Apr 28, 2026 4 xslF345X06/wk-form4_1777409737.xml View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777409471.xml View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777409193.xml View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777408941.xml View →
Apr 23, 2026 10-Q medp-20260331.htm View →

Frequently Asked Questions about MEDP

What is the AI rating for MEDP?

Medpace Holdings, Inc. (MEDP) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are MEDP's key strengths?

Claude: Strong revenue growth of 20% YoY demonstrates market demand and business momentum. Exceptional free cash flow generation of $145M (20.5% FCF margin) with minimal capex requirements.

What are the risks of investing in MEDP?

Claude: Current ratio of 0.85x indicates potential short-term liquidity constraint; current assets insufficient to cover current liabilities. Net income growth of 0% YoY despite 20% revenue growth suggests margin compression or unfavorable operating leverage.

What is MEDP's revenue and growth?

Medpace Holdings, Inc. reported revenue of $706.6M.

Does MEDP pay dividends?

Medpace Holdings, Inc. does not currently pay dividends.

Where can I find MEDP SEC filings?

Official SEC filings for Medpace Holdings, Inc. (CIK: 0001668397) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MEDP's EPS?

Medpace Holdings, Inc. has a diluted EPS of $4.28.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MEDP a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Medpace Holdings, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MEDP stock overvalued or undervalued?

Valuation metrics for MEDP: ROE of 20.7% (sector avg: 15%), net margin of 17.5% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy MEDP stock in 2026?

Our dual AI analysis gives Medpace Holdings, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is MEDP's free cash flow?

Medpace Holdings, Inc.'s operating cash flow is $151.8M, with capital expenditures of $6.8M. FCF margin is 20.5%.

How does MEDP compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 17.5% (avg: 12%), ROE 20.7% (avg: 15%), current ratio 0.85 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI