MEDP

Strong BuyPremium GrowerAI neutral

Medpace Holdings, Inc. · Healthcare · United States · $17.2B

$604.25 +0.2% · close 7 Oct · scored 9 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

Read our full research report on MEDP (Jun 2026), free
83
StockRank
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Quality
84
Value
27
Momentum
68

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P/E (TTM)
35.2x
peers 25.1x
ROE
162.2%
peers -31.5%
D/E
0.3x
peers 0.2x
Dividend %
—
trailing yield
AI CONVICTION THESIS

Medpace runs clinical trials for small and mid-sized biotech companies. It has industry-leading margins and returns on capital, and it has a long record of buying back its own shares. Second-quarter results showed strong revenue growth and record figures. Against that, insiders sold 0.87% of the shares over 90 days, a steady run of Form 4 filings, and the company's client base depends on biotech funding, which tends to tighten when rates stay high. The quality is real, but the timing is not compelling enough to call.

ABOUT MEDPACE HOLDINGS, INC.

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Medpace Holdings, Inc. is a global, full-service clinical contract research organization (CRO) providing clinical development services to biopharmaceutical and medical device companies. The company specializes in scientifically-driven clinical trials, particularly for small to mid-sized biopharma firms, offering a comprehensive and integrated approach. Its deep therapeutic expertise, operational efficiency, and focus on complex, high-quality trials provide a strong competitive moat within the specialized CRO market.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—1.5B1.9B2.1B2.5B20.1%2.8B2.9B3.0B9.5%
EPS5.067.579.2013.0615.6432.6%17.0218.1219.7712.4%
Shares—31.1M30.8M30.6M28.4M-8.8%27.9M———
Debt—188.9M142.1M126.2M113.6M-15.6%144.1M———
Equity—386.4M559.0M825.5M459.1M5.9%————
Op CF—388.1M433.4M608.8M713.2M22.5%752.7M———
Inv CF—-38.7M-34.6M-28.3M-31.1M—————
Fin CF—-775.8M-182.6M-154.0M-860.4M—————
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PRICE (1Y) · USD-2.4%
58359560761863026 Aug17 Sep7 Oct
SMA 50SMA 200

Price checkExperimental
SwingsBumpy

Swung more than 55% of stocks we rank over the past year (44% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$604.25
RSI (14)
45.4
52-Week Range-10.9% from high
Low $373.00High $677.90

SCORE BREAKDOWN

Quality
84
ROIC
84.7%99.5
ROE
162.2%99.7
GP/Assets
101.9%98.4
Op. Margin
20.8%84.4
FCF/Assets
24.8%97.6
Piotroski
783.9
Int. Cover
50.0x89.4
D/E Ratio
0.33x39.0
Current Ratio
0.73x4.8
Value
27
P/E (TTM)
35.2x32.5
EV/EBITDA
26.8x24.1
P/FCF
35.1x39.6
P/B
38.6x2.2
P/S
6.0x36.2
Div Yield
—N/A
Momentum
68
52W High %
89%86.3
RS 6M
1%65.9
SMA 50/200
1.15x83.2
EPS Rev 4W
0.0%63.9
EPS Rev 12W
+2.4%66.8
EPS Improve
+13%29.9
Q Growth
35%67.3

FUNDAMENTALS

Market Cap
$17.2B
P/E (Forward)
31.0x
Gross Margin
72.4%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of MEDP are excluded.

TickerCompanyMkt CapStockRankSignal
MEDPMedpace Holdings, Inc.(you)$17.2B83Strong Buy
DGXQuest Diagnostics Incorporated$25.7B85Strong Buy
LHLabcorp Holdings Inc.$24.7B88Strong Buy
RVTYRevvity, Inc.$15.9B66Buy
ILMNIllumina, Inc.$38.6B77Buy
CRLCharles River Laboratories International, Inc.$13.4B65Buy
IQVIQVIA Holdings Inc.$44.1B79Buy
SHCSotera Health Company$5.2B80Buy
AAgilent Technologies, Inc.$46.6B74Buy
VCYTVeracyte, Inc.$3.5B80Strong Buy

Peer medians: ROE -31.5% · P/E 25.1x · Gross margin 63.3%

Company Deep Dive

Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.

View Deep Dive

Medpace Holdings, Inc. (MEDP): Stock Score Summary

Medpace Holdings, Inc. (MEDP) has a MoatMap StockRank of 83/100 based on Quality (84/100), Value (27/100), and Momentum (68/100) factor scores. The current signal is STRONG BUY. Medpace runs clinical trials for small and mid-sized biotech companies. It has industry-leading margins and returns on capital, and it has a long record of buying back its own shares. Second-quarter results showed strong revenue growth and record figures. Against that, insiders sold 0.87% of the shares over 90 days, a steady run of Form 4 filings, and the company's client base depends on biotech funding, which tends to tighten when rates stay high. The quality is real, but the timing is not compelling enough to call.

Medpace Holdings, Inc. is a global, full-service clinical contract research organization (CRO) providing clinical development services to biopharmaceutical and medical device companies. The company specializes in scientifically-driven clinical trials, particularly for small to mid-sized biopharma firms, offering a comprehensive and integrated approach. Its deep therapeutic expertise, operational efficiency, and focus on complex, high-quality trials provide a strong competitive moat within the specialized CRO market.

Key Financial Metrics

Price$604.25
Market Cap$17.2B
P/E (TTM)35.22
P/E (Forward)31.04
Price/Book38.56
Return on Equity162.2%
Return on Invested Capital84.7%
Debt/Equity0.33x
Gross Margin72.4%
Operating Margin20.8%
Revenue Growth17.2%
Free Cash Flow$491M

Medpace Holdings, Inc. operates in the Diagnostics & Research industry, part of the Healthcare sector (United States).

Frequently Asked Questions

What is Medpace Holdings, Inc.’s (MEDP) StockRank?
MoatMap’s StockRank for Medpace Holdings, Inc. (MEDP) is 83/100, with a Strong Buy signal. It is a composite of Quality (84), Value (27), and Momentum (68) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Medpace Holdings, Inc. have an economic moat?
Medpace Holdings, Inc. (MEDP) has a Quality factor score of 84/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Medpace Holdings, Inc. a buy, hold, or sell?
MoatMap’s current signal for Medpace Holdings, Inc. (MEDP) is Strong Buy, based on a StockRank of 83/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Medpace Holdings, Inc. in?
Medpace Holdings, Inc. (MEDP) operates in the Healthcare sector, specifically the Diagnostics & Research industry (United States).