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Medpace revenue
Medpace's revenue is $2.1 billion.
What is Medpace's revenue?
- Medpace's revenue growth from 2015 to 2024 is 487.38%.
- Medpace has 2,800 employees, and the revenue per employee ratio is $753,233.
- Medpace's peak quarterly revenue was $536.6M in 2024(q4).
- Medpace peak revenue was $2.1B in 2024.
- Medpace annual revenue for 2023 was 1.9B, 29.17% growth from 2022.
- Medpace annual revenue for 2024 was 2.1B, 11.84% growth from 2023.
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Medpace historical revenue
Medpace's peak revenue was $2.1B in 2024. The peak quarterly revenue was $536.6M in 2024(q4).
Medpace's revenue increased from $359.1m in 2015 to $2.1B currently. That's a 487.38% change in annual revenue.
Medpace annual revenue
Medpace annual revenue over time
| Fiscal year / year | Medpace revenue |
|---|---|
| 2015 | $359.1M |
| 2016 | $421.6M |
| 2017 | $436.2M |
| 2018 | $704.6M |
| 2019 | $861.0M |
| 2020 | $925.9M |
| 2021 | $1.1B |
| 2022 | $1.5B |
| 2023 | $1.9B |
| 2024 | $2.1B |
How accurately did Medpace's revenue projections match actual performance?
Medpace annual growth
Medpace saw the greatest revenue growth in 2018, when revenue increased by 61.55%.
Medpace had the lowest revenue growth in 2017, when revenue changed by 3.46%.
Medpace annual growth rate over time
| Year | Medpace growth |
|---|---|
| 2016 | 17%↑ |
| 2017 | 3%↑ |
| 2018 | 62%↑ |
| 2019 | 22%↑ |
| 2020 | 8%↑ |
| 2021 | 23%↑ |
| 2022 | 28%↑ |
| 2023 | 29%↑ |
| 2024 | 12%↑ |
Medpace quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Medpace quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2016 | - | - | $107.8M | $108.2M |
| 2017 | $106.6M | $106.2M | $110.6M | $112.7M |
| 2018 | $163.1M | $170.1M | $179.3M | $192.1M |
| 2019 | $200.7M | $214.1M | $216.2M | $229.9M |
| 2020 | $230.9M | $205.0M | $230.4M | $259.7M |
| 2021 | $260.0M | $278.3M | $295.6M | $308.6M |
| 2022 | $330.9M | $351.2M | $383.7M | $394.1M |
| 2023 | $434.1M | $460.9M | $492.5M | $498.4M |
| 2024 | $511.0M | $528.1M | $533.3M | $536.6M |
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Did Medpace meet its revenue projections?
Medpace financial information
| CEO | August J. Troendle M.D. |
| Industry | Pharmaceuticals, Biotechnology & Life Sciences |
| Company Type | Public |
| Employees Number | 2,800 |
| Date Founded | 1992 |
| Headquarters | Cincinnati, Ohio |
| Number of Locations | 4 |
| Revenue | $2.1B |
| Net Income | $245,368,000 |
| Gross Proft | $656.3M (2024) |
| EBITDA | $480.2M (2024) |
| PE Ratio | 3.66 |
| Tax Rate | 0.2% |
| Market Capitalization | $1.5B |
| Total Assets | $1,352,495,000 |
| Ticker | MEDP |
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Medpace competitors
Medpace's top competitor, Covance, earned an annual revenue of $2.6B.
Medpace's smallest competitor is ClinForce with revenue of $650.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Biorasi | $69,796 | $23.0M | 750 | - |
| Pharmaceutical Research Associates, Inc. | $77,178 | $30.0M | 30 | 7 |
| Parexel International | $91,480 | $2.4B | 18,900 | 1,750 |
| Novella | $77,466 | $9.2M | 3,000 | - |
| ClinForce | $65,025 | $650,000 | 10 | - |
| Pharmaceutical Product Development | $69,995 | $65.0M | 21,000 | - |
| Premier Research | $73,361 | $54.0M | 1,001 | 4 |
| Axio Research | $75,972 | $5.4M | 50 | 1 |
| Covance | $64,568 | $2.6B | 50,000 | - |
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Zippia gives an in-depth look into the details of Medpace, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Medpace. The employee data is based on information from people who have self-reported their past or current employments at Medpace. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Medpace. The data presented on this page does not represent the view of Medpace and its employees or that of Zippia.
Medpace may also be known as or be related to Medical Research Services (1992-bef.2014), Medpace, Medpace Holdings Inc and Medpace Holdings, Inc.