Medpace Holdings (MEDP) Operating Margin (2015 - 2026)

Medpace Holdings (MEDP) reported Operating Margin of 20.03% for Q1 2026, down 30.0% on a YoY basis from 28.61% in Q1 2025, and down 7.44% quarter-over-quarter from 21.63% in Q4 2025.

Medpace Holdings (MEDP) Operating Margin (2015 - 2026) Analysis & Trends

Medpace Holdings has reported Operating Margin for 12 years, with the latest figure at 20.03% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 30.0% year-over-year to 20.03%; the trailing twelve-month figure through Mar 2026 stood at 21.02% (down 14.0% YoY), and the FY2025 full-year result was 21.14%, down 5.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 20.03%, down from 21.63% in the prior quarter.
  • The five-year high for Operating Margin was 23.37% in Q4 2024, with the low at 17.01% in Q2 2023.
  • Historically, Operating Margin has averaged 19.82% across 5 years, with a median of 20.03% in 2026.
  • Annual changes were most pronounced in 2023 — Operating Margin sank 304 bps — and 2024, when it soared 585 bps.
  • Medpace Holdings' Operating Margin stood at 19.39% in 2022, then decreased by 10 bps to 17.52% in 2023, then jumped by 33 bps to 23.37% in 2024, then declined by 7 bps to 21.63% in 2025, then retreated by 7 bps to 20.03% in 2026.
  • The last three Operating Margin figures came in at 20.03% (Q1 2026), 21.63% (Q4 2025), and 21.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 16.93%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 31.78%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 21.74%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 12.38%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -13.42%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 25.23%
10 Medpace Holdings 13.03 Bn 12.38 Bn 196.33 Mn 20.03%

Historic Data

Download Data
DateValue
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%