Medpace (MEDP)
Health Care
A leading full-service clinical contract research organization (CRO) providing Phase I-IV development services to biotech, pharma, and medical device companies.
What Medpace does
Medpace is one of the world's leading clinical contract research organizations (CROs) solely focused on providing outsourced clinical development services to the biotechnology, pharmaceutical, and medical device industries. The company offers comprehensive Phase I-IV clinical trial services across all major therapeutic areas, with particular strength in Oncology, Metabolic, Cardiology, Antiviral/Anti-infective, and Central Nervous System disorders. Medpace differentiates itself through its disciplined full-service operating model, therapeutic expertise, proprietary technology platform (ClinTrak), and focus on serving small and mid-sized biopharmaceutical companies with timely, high-quality, and cost-effective clinical development solutions.
Themes: ["Clinical trial outsourcing / CRO services","Oncology drug development","Metabolic disease therapeutics","Cardiology clinical trials","Antiviral and anti-infective development","Central nervous system (CNS) therapeutics","Patient recruitment and retention","Regulatory compliance and medical writing"]
Fundamentals
- Price$535.50 as of 2026-07-09 close
- Market cap$15.2B as of 2026-07-10
- 1-year return+66.8% as of 2026-07-09 close
- P/E33.00 as of 2026-07-10
- Net margin+17.2% as of 2026-07-10
- Gross margin+29.1% as of 2026-07-10
- ROE+120.9% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+24.2% as of 2026-07-10
- Revenue CAGR (3y)+20.1% SEC XBRL
- Beta1.15 as of 2026-07-10
Key risks (from latest filing)
["Dependence on customer spending in biotechnology and pharmaceutical industries, which is cyclical and sensitive to market conditions, funding availability, and regulatory decisions","Regulatory and compliance risks related to clinical trial operations, including adherence to GCP, ICH guidelines, and varying international regulations across multiple jurisdictions","Key customer concentration risk: revenue from a limited number of large biopharmaceutical and pharmaceutical clients represents a material portion of total revenue"]
Competitors & peers
- IQVIA Holdings (IQV)
- Syneos Health (SYNH)
- Parexel International (PRXL)
- Charles River Laboratories (CRL)
- Covance (part of LabCorp)
- Envigo
- PharmaGo
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.