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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.71 Bn | 35.96 Bn | 1.50 Bn | 667.00 Mn |
| 2 | Medpace Holdings | 18.26 Bn | 15.91 Bn | 223.89 Mn | 196.44 Mn |
| 3 | Charles River Laboratories International | 16.16 Bn | 15.36 Bn | 357.87 Mn | 207.28 Mn |
| 4 | Icon | 16.06 Bn | 12.83 Bn | 491.83 Mn | 307.15 Mn |
| 5 | Fortrea Holdings | 2.10 Bn | 1.39 Bn | 139.50 Mn | 52.50 Mn |
| 6 | Ginkgo Bioworks Holdings | 699.49 Mn | -62.59 Mn | 18.44 Mn | -46.89 Mn |
| 7 | Evotec SE | 601.99 Mn | -1.16 Bn | - | - |
| 8 | Champions Oncology | 66.71 Mn | 41.80 Mn | 7.70 Mn | -547,000.00 |
| 9 | MindWalk Holdings | 48.93 Mn | 12.59 Mn | 1.61 Mn | -2.95 Mn |
| 10 | Natural Alternatives International | 6.57 Mn | -21.51 Mn | 1.73 Mn | -1.70 Mn |
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 |
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_KEY
import 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();