Medpace Holdings (MEDP) Tax Rate (2015 - 2026)
Medpace Holdings (MEDP) reported Tax Rate of 16.07% for Q1 2026, up 1305.0% on a YoY basis from 1.14% in Q1 2025, and up 16.16% quarter-over-quarter from 13.84% in Q4 2025.
Medpace Holdings (MEDP) Tax Rate (2015 - 2026) Analysis & Trends
Medpace Holdings has reported Tax Rate for 12 years, with the latest figure at 16.07% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1305.0% year-over-year to 16.07%; the trailing twelve-month figure through Mar 2026 stood at 19.48% (up 599.0% YoY), and the FY2025 full-year result was 16.82%, up 179.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.07%, up from 13.84% in the prior quarter.
- The five-year high for Tax Rate was 27.52% in Q2 2025, with the low at 3.03% in Q1 2025.
- Historically, Tax Rate has averaged 15.25% across 5 years, with a median of 15.27% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 1394 bps — and 2024, when it plunged 623 bps.
- Medpace Holdings' Tax Rate stood at 6.76% in 2022, then jumped by 103 bps to 13.68% in 2023, then dropped by 8 bps to 12.6% in 2024, then climbed by 10 bps to 13.84% in 2025, then climbed by 16 bps to 16.07% in 2026.
- The last three Tax Rate figures came in at 16.07% (Q1 2026), 13.84% (Q4 2025), and 22.19% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Medpace Holdings | 13.03 Bn | 12.38 Bn | 196.33 Mn | 16.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.07% |
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | 13.84% |
| Dec 31, 2025 | 13.84% |
| Sep 30, 2025 | 22.19% |
| Sep 30, 2025 | 22.19% |
| Jun 30, 2025 | 27.52% |
| Jun 30, 2025 | 27.52% |
| Mar 31, 2025 | 3.03% |
| Mar 31, 2025 | 3.03% |
| Dec 31, 2024 | 12.60% |
| Dec 31, 2024 | 12.60% |
| Sep 30, 2024 | 18.82% |
| Sep 30, 2024 | 18.82% |
| Jun 30, 2024 | 20.03% |
| Jun 30, 2024 | 20.03% |
| Mar 31, 2024 | 9.04% |
| Mar 31, 2024 | 9.04% |
| Dec 31, 2023 | 13.68% |
| Dec 31, 2023 | 13.68% |