Medpace Holdings (MEDP) Operating Margin (2015 - 2026)
Medpace Holdings (MEDP) posted Operating Margin of 20.03% for Q1 2026, down 7.44% quarter-over-quarter from 21.63% in Q4 2025, and down 30.0% year-on-year from 28.61% in Q1 2025.
Medpace Holdings (MEDP) Operating Margin (2015 - 2026) Analysis & Trends
Medpace Holdings (MEDP) has reported Operating Margin for 12 consecutive years, with 20.03% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 20.03%, down 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.02% (down 14.0% YoY), and the FY2025 annual result was 21.14%, down 5.0% from the prior year.
- Operating Margin was 20.03% for Q1 2026 at Medpace Holdings, down from 21.63% in the prior quarter.
- Over five years, Operating Margin peaked at 23.37% in Q4 2024 and troughed at 17.01% in Q2 2023.
- Average Operating Margin over 5 years is 19.82%, with a median of 20.03% recorded in 2026.
- Year-over-year, Operating Margin tumbled 304 bps in 2023 and surged 585 bps in 2024.
- Over 5 years, Operating Margin stood at 19.39% in 2022, then declined by 10 bps to 17.52% in 2023, then jumped by 33 bps to 23.37% in 2024, then decreased by 7 bps to 21.63% in 2025, then dropped by 7 bps to 20.03% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 20.03% in Q1 2026, 21.63% in Q4 2025, and 21.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 31.78% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -13.42% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 21.74% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 12.38% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 25.23% |
| 10 | Medpace Holdings | 15.46 Bn | 14.81 Bn | 196.33 Mn | 20.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.03% |
| Dec 31, 2025 | 21.63% |
| Sep 30, 2025 | 21.49% |
| Jun 30, 2025 | 20.94% |
| Mar 31, 2025 | 20.32% |
| Dec 31, 2024 | 23.37% |
| Sep 30, 2024 | 21.05% |
| Jun 30, 2024 | 19.91% |
| Mar 31, 2024 | 20.36% |
| Dec 31, 2023 | 17.52% |
| Sep 30, 2023 | 17.24% |
| Jun 30, 2023 | 17.01% |
| Mar 31, 2023 | 19.86% |
| Dec 31, 2022 | 19.39% |
| Sep 30, 2022 | 20.28% |
| Jun 30, 2022 | 17.15% |
| Mar 31, 2022 | 19.40% |
| Dec 31, 2021 | 17.78% |
| Sep 30, 2021 | 18.17% |
| Jun 30, 2021 | 15.25% |