Medpace Holdings, Inc.(MEDP)Stock Analysis
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Rank #86 of 2,961 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
MEDP Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for Medpace Holdings, Inc. (MEDP), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores MEDP at 76.2/100 on a 32-signal composite quality model, placing it at rank #86 of 2,961 stocks — the top 5% of the AI-ranked universe. MEDP scores in the top quartile across balance sheet strength (98.0), institutional flow (79.1), free cash flow (79.0). Shareholder dilution risk is elevated at 48.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Medpace Holdings, Inc. reports quarterly revenue of $707.3M, net income of $121.4M, an operating margin of 20.8%. Top institutional holders of MEDP by reported 13-F value include BlackRock, PRICE T ROWE ASSOCIATES, AQR CAPITAL MANAGEMENT, based on the most recent SEC filings. MEDP trades on the Nasdaq exchange and files with the SEC under CIK 1668397. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MEDP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Medpace Holdings, Inc. directly from SEC EDGAR. Medpace Holdings, Inc.'s 13F Pro composite quality score has ranged between 69 and 82 since 2021, currently 76.2 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.
What's Driving MEDP's Business? Latest 10-Q Breakdown
✓ 32/32 datapoints verifiedAI-extracted from Medpace Holdings, Inc.'s 10-Q filed 2026-07-23 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 17.2% to $707.3 million on Metabolic, Oncology, CNS and AVAI growth, with net income up to $121.4 million, while backlog grew only 4.9% to $3,014.2 million.
Biggest Revenue Drivers
Filing cites growth within the Metabolic therapeutic area versus the prior-year period.
Filing cites growth within the Oncology therapeutic area versus the prior-year period.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$707.3M
Net Income
Q2 2026
$121.4M
Free Cash Flow
Q2 2026
$138.1M
Operating Margin
Q2 2026
20.8%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+20.0% YoYNet Income
+11.6% YoYOperating Income
+19.7% YoYEPS (Diluted)
+21.0% YoYTotal Assets
-6.0% YoYTotal Debt
Op. Cash Flow
+17.1% YoYFree Cash Flow
+19.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.53B +20.0% | $2.11B +11.8% | $1.89B +29.2% | $1.46B +27.8% | $1.14B +23.4% | $925.9M |
| Net Income | $451.1M +11.6% | $404.4M +43.0% | $282.8M +15.3% | $245.4M +34.9% | $181.8M +25.1% | $145.4M |
| Operating Income | $534.9M +19.7% | $446.9M +32.7% | $336.8M +20.9% | $278.7M +40.3% | $198.6M +18.9% | $167.0M |
| EPS (Diluted) | $15.28 +21.0% | $12.63 +42.2% | $8.88 +22.0% | $7.28 +51.4% | $4.81 +25.3% | $3.84 |
| Total Assets | $1.98B -6.0% | $2.10B +26.8% | $1.66B +22.5% | $1.35B -18.5% | $1.66B +19.4% | $1.39B |
| Total Debt | — | — | $0.00 -100.0% | $50.0M | $0.00 | — |
| Operating Cash Flow | $713.2M +17.1% | $608.8M +40.5% | $433.4M +11.7% | $388.1M +47.4% | $263.3M +1.8% | $258.7M |
| Free Cash Flow | $681.9M +19.2% | $572.3M +44.2% | $396.7M +13.0% | $351.2M +49.4% | $235.1M +3.4% | $227.3M |
AI Insight: MEDP Financial Trends
Revenue growth stalled at $707M after explosive 2025 expansion, but operating margins and cash generation remain robust.
• Revenue accelerated from $533M (Q3 2024) to $708M (Q4 2025), a 33% jump, then flatlined at $707M through Q2 2026.
• Operating margin expanded from 21.0% (Q3 2024) to 20.8% (Q2 2026), sustaining 20%+ levels despite revenue plateau.
• Operating cash flow averaged $182M across last four quarters (Q3 2025–Q2 2026) versus $145M in prior year period.
⚠ Net income volatility: $135M (Q4 2025) fell to $121M (Q2 2026)—fourth consecutive quarter below prior-year peaks.
⚠ Equity rebounded to $598M (Q1 2026) and $434M (Q2 2026) after dipping to $172M (Q2 2025)—capital deployment unclear.
AI Insight: MEDP Ratio Trends
ROIC surged to 94.6% in Q1 2026, but net margins remain volatile and operational leverage has flattened.
• ROIC expanded dramatically from 76.5% in Q1 2025 to 94.6% in Q1 2026, signaling improved capital efficiency.
• ROA climbed steadily from 18.5% in Q3 2024 to 27.4% in Q4 2025, reflecting stronger asset deployment.
• Net profit margin contracted to 17.2% in Q2 2026 from 21.8% in Q4 2024, showing margin compression despite stable operating margins.
⚠ NPM volatility: swung from 21.8% (Q4 2024) to 15.0% (Q2 2025), then rebounded to 19.1% (Q4 2025)—suggests operational headwinds or non-recurring items.
⚠ Operating margin has stalled around 20–21.6% for four consecutive quarters; no expansion trend evident.
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Available Research
13F Pro tracks comprehensive data for Medpace Holdings, Inc. including:
Top Institutional Holders of MEDP
BlackRock, Inc.
$1.3B2,498,248 shPRICE T ROWE ASSOCIATES INC /MD/
$1.1B2,069,677 shAQR CAPITAL MANAGEMENT LLC
$677.3M1,278,935 shVANGUARD PORTFOLIO MANAGEMENT LLC
$600.2M1,133,357 shVANGUARD CAPITAL MANAGEMENT LLC
$543.8M1,026,820 shSTATE STREET CORP
$376.5M710,895 shGEODE CAPITAL MANAGEMENT, LLC
$376.3M710,465 shWASATCH ADVISORS LP
$337.1M636,595 shInvesco Ltd.
$306.8M579,241 shBAILLIE GIFFORD & CO
$250.6M473,211 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $1.3B | 2,498,248 |
| PRICE T ROWE ASSOCIATES INC /MD/ | $1.1B | 2,069,677 |
| AQR CAPITAL MANAGEMENT LLC | $677.3M | 1,278,935 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $600.2M | 1,133,357 |
| VANGUARD CAPITAL MANAGEMENT LLC | $543.8M | 1,026,820 |
| STATE STREET CORP | $376.5M | 710,895 |
| GEODE CAPITAL MANAGEMENT, LLC | $376.3M | 710,465 |
| WASATCH ADVISORS LP | $337.1M | 636,595 |
| Invesco Ltd. | $306.8M | 579,241 |
| BAILLIE GIFFORD & CO | $250.6M | 473,211 |
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Popular Research
Is MEDP a good stock to buy?
13F Pro's AI-powered analysis of Medpace Holdings, Inc. (MEDP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MEDP are available on the MEDP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MEDP is classified as a large company.
Which hedge funds own MEDP?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MEDP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Medpace Holdings, Inc.'s investment landscape.