Medpace Holdings, Inc.
NasdaqGS-MEDP
Dec '15
Dec '17
Dec '19
Dec '21
Dec '23
LTM
Dec '26 (E)
| Operating Activities | LTM | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | Dec '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 433 | 404.4 | 282.8 | 245.4 | 181.8 | 145.4 | 100.4 | 73.2 | 39.1 | 13.4 | -8.7 |
Depreciation & Amortization | 28.5 | 29.3 | 26.3 | 22.3 | 21.1 | 19.5 | 23.2 | 38.8 | 46.5 | 58.1 | 69.5 |
Stock Based Compensation | 35.1 | 25.5 | 20.5 | 21.4 | 14.5 | 13.8 | 20.7 | 6.5 | 4.5 | 9.8 | 22.3 |
Other Adjustments | 23 | -7.5 | -2.8 | -7.1 | -20.8 | 13.7 | 21.9 | -1.5 | -5.6 | 3.3 | -0.9 |
Changes in Trade Receivables | -61.8 | 2.2 | -48.3 | -66.9 | -25 | -5.5 | -21.3 | -27 | -2.9 | -13.7 | 0.3 |
Changes in Accounts Payable | 1.4 | -3 | 1.1 | 6.4 | 1.9 | -2.6 | 4.7 | 1.3 | 4.8 | 0.7 | 2.5 |
Changes in Accrued Expenses | 60.5 | 16.9 | 82.1 | 52.5 | 26.2 | 24.2 | 21.8 | 29 | -1.3 | 4.5 | 0.3 |
Changes in Unearned Revenue | 163.4 | 150.7 | 97.1 | 118.1 | 89 | 63.4 | 44.6 | 35.6 | 7.7 | 14.7 | -7 |
Changes in Other Operating Activities | -10.4 | -9.7 | -25.5 | -4 | -25.3 | -13.3 | -14.3 | 0.7 | 4.5 | 0.9 | 7.5 |
Cash from Operating Activities | 711.2 | 608.8 | 433.4 | 388.1 | 263.3 | 258.7 | 201.9 | 156.6 | 97.4 | 91.7 | 85.9 |
| Investing Activities | LTM | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | Dec '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Capital Expenditure | -34.5 | -36.5 | -36.6 | -36.9 | -28.3 | -31.3 | -17.9 | -16 | -11.7 | -13.5 | -6.5 |
Purchases of Intangible Assets | — | — | — | — | — | — | — | — | -0.6 | — | — |
Other Investing Activities | 0.2 | 8.2 | 2 | -1.9 | -3.1 | 0.1 | -1.2 | -0.9 | 0.1 | 0.1 | 0 |
Cash from Investing Activities | -34.2 | -28.3 | -34.6 | -38.7 | -31.4 | -31.2 | -19.1 | -17 | -12.2 | -13.4 | -6.4 |
| Financing Activities | LTM | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | Dec '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Issuance of Short-Term Debt | — | — | 105 | 324.2 | — | — | — | — | 100 | — | — |
Repayments of Short-Term Debt | — | — | -155 | -274.2 | — | — | — | -1.9 | -30 | — | — |
Net Issuance / (Repayments) of Short-Term Debt | — | — | -50 | 50 | — | — | — | -1.9 | 70 | — | — |
Issuance of Long-Term Debt | — | — | — | — | — | — | — | — | — | 164.5 | — |
Repayments of Long-Term Debt | — | — | — | — | — | — | -80.4 | -70 | -12.4 | -390.1 | -116.1 |
Net Issuance / (Repayments) of Long-Term Debt | — | — | — | — | — | — | -80.4 | -70 | -12.4 | -225.6 | -116.1 |
Issuance of Common Shares | 35.5 | 15.9 | 11.4 | 22.1 | 17.6 | 16 | 6.5 | 2.5 | 1.8 | 174.1 | 0.9 |
Repurchases of Common Shares | -1,087.3 | -169.9 | -144 | -847.8 | -62.1 | -98.3 | — | -72.2 | -155.6 | — | — |
Net Issuance / (Repurchases) of Common Shares | -1,051.7 | -154 | -132.6 | -825.8 | -44.5 | -82.3 | 6.5 | -69.7 | -153.8 | 174.1 | 0.9 |
Other Financing Activities | — | — | — | — | — | — | — | — | -1.7 | -6.6 | -1.3 |
Cash from Financing Activities | -1,051.7 | -154 | -182.6 | -775.8 | -44.5 | -82.3 | -73.9 | -141.6 | -97.8 | -58 | -116.5 |
| Free Cash Flow | LTM | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | Dec '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow | 676.8 | 572.3 | 396.7 | 351.2 | 235.1 | 227.3 | 184 | 140.6 | 85.7 | 78.2 | 79.4 |
NOPAT | 422.7 | 379.7 | 283.8 | 241.8 | 178.9 | 144.1 | 102.4 | 78.7 | 44.6 | 32.1 | 22.8 |
Levered Free Cash Flow | 641.9 | 552 | 377.3 | 453.8 | 266.4 | 205.4 | 82.1 | 90.7 | 147.3 | -146.7 | -58.4 |
Unlevered Free Cash Flow | 631.5 | 527.3 | 428.2 | 400.2 | 263.5 | 204.1 | 164.5 | 168.1 | 95.1 | 97.5 | 89.1 |
Net Change in Cash | -374.7 | 426.5 | 216.1 | -426.5 | 187.5 | 145.2 | 108.8 | -2 | -12.7 | 20.3 | -37.1 |