Medpace Holdings (MEDP) Return on Invested Capital [ROIC] (2016 - 2023)
Medpace Holdings' Return on Invested Capital [ROIC] was 55.11% in Q4 2023, up 2.89 percentage points from 52.22% a year earlier but down 5.84 percentage points from the prior quarter.
Medpace Holdings (MEDP) Return on Invested Capital [ROIC] (2016 - 2023) Analysis & Trends
For FY2023, Return on Invested Capital [ROIC] at Medpace Holdings came in at 57.02%, up 22.22 percentage points from FY2022.
- Return on Invested Capital [ROIC] shows a five-year change of +45.85 percentage points (FY2018 to FY2023).
- In earlier years, Return on Invested Capital [ROIC] was 34.80% in FY2022 and 14.58% in FY2019 (+3.41 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 12.15% (Q1 2019) and 60.95% (Q3 2023) over five years.
- Per Business Quant data, MEDP's Return on Invested Capital [ROIC] in the three quarters before Q4 2023 was 60.95% (Q3 2023), 59.44% (Q2 2023) and 56.65% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.58 Bn | 35.29 Bn | 1.44 Bn | 8.30% |
| 2 | Medpace Holdings | 17.39 Bn | 15.45 Bn | 201.64 Mn | - |
| 3 | Charles River Laboratories International | 14.53 Bn | 13.73 Bn | 363.37 Mn | 1.63% |
| 4 | Icon | 13.23 Bn | 10.34 Bn | 479.29 Mn | 1.30% |
| 5 | Fortrea Holdings | 2.01 Bn | 1.39 Bn | 139.20 Mn | -0.68% |
| 6 | Ginkgo Bioworks Holdings | 712.22 Mn | -49.86 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 502.55 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 66.57 Mn | 41.65 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 64.01 Mn | 27.66 Mn | 1.61 Mn | -70.00% |
| 10 | Natural Alternatives International | 6.63 Mn | -21.45 Mn | 1.73 Mn | -24.93% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 55.11% |
| Sep 30, 2023 | 60.95% |
| Jun 30, 2023 | 59.44% |
| Mar 31, 2023 | 56.65% |
| Dec 31, 2022 | 52.22% |
| Sep 30, 2022 | 34.57% |
| Dec 31, 2019 | 14.44% |
| Sep 30, 2019 | 14.29% |
| Jun 30, 2019 | 13.84% |
| Mar 31, 2019 | 12.15% |
| Dec 31, 2018 | 11.60% |
| Sep 30, 2018 | 9.77% |
| Jun 30, 2018 | 8.17% |
| Mar 31, 2018 | 7.06% |
| Dec 31, 2017 | 6.08% |
| Sep 30, 2017 | 5.31% |
| Jun 30, 2017 | 4.78% |
| Mar 31, 2017 | 4.42% |
| Dec 31, 2016 | 4.17% |
Medpace Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MEDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MEDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();