Medpace Holdings (MEDP) Free Cash Flow (2015 - 2026)
Medpace Holdings (MEDP) posted Free Cash Flow of $196.44 million for Q3 2026, down 16.6% from $235.5 million a year earlier but up 42.2% from the prior quarter.
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Analysis
Medpace Holdings (MEDP) Free Cash Flow (2015 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Free Cash Flow at Medpace Holdings was $667.63 million, down 1.4% year-over-year; for FY2025, it came in at $681.87 million, up 19.2% from FY2024.
- Annual Free Cash Flow has increased for nine consecutive years, with a five-year compound annual growth rate of 24.6% (FY2020 to FY2025).
- In prior years, Medpace Holdings' Free Cash Flow was $572.27 million in FY2024 (+44.2%), $396.73 million in FY2023 (+13.0%), $351.17 million in FY2022 (+49.4%) and $235.06 million in FY2021 (+3.4%).
- Quarterly Free Cash Flow has run from a low of $37 million in Q1 2022 to a high of $235.5 million in Q3 2025 over five years.
- On a year-over-year basis, Free Cash Flow increased in five of the last eight quarters, with growth averaging 14.9%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q1 2024, with growth of 108.6%; the weakest was Q4 2021, with a decline of 36.8%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $138.1 million (Q2 2026), $144.97 million (Q1 2026) and $188.12 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 667.00 Mn |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 196.44 Mn |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 148.62 Mn |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 307.15 Mn |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 52.50 Mn |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | -46.89 Mn |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -547,000.00 |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | -2.95 Mn |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | -1.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 196.44 Mn |
| Jun 30, 2026 | 138.10 Mn |
| Mar 31, 2026 | 144.97 Mn |
| Dec 31, 2025 | 188.12 Mn |
| Sep 30, 2025 | 235.50 Mn |
| Jun 30, 2025 | 142.41 Mn |
| Mar 31, 2025 | 115.84 Mn |
| Dec 31, 2024 | 183.02 Mn |
| Sep 30, 2024 | 138.54 Mn |
| Jun 30, 2024 | 103.53 Mn |
| Mar 31, 2024 | 147.18 Mn |
| Dec 31, 2023 | 146.41 Mn |
| Sep 30, 2023 | 105.68 Mn |
| Jun 30, 2023 | 74.07 Mn |
| Mar 31, 2023 | 70.56 Mn |
| Dec 31, 2022 | 127.44 Mn |
| Sep 30, 2022 | 101.31 Mn |
| Jun 30, 2022 | 85.42 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | 61.78 Mn |
API Access
Medpace Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MEDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MEDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MEDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();