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Medpace Holdings, Inc. MEDP Revenue Net — Revenue From Related Parties

Discontinued — last reported Q2 '22

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Other financials

Income statement

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Revenue$706.6M+26.5%
Operating income$141.5M+24.6%
Net income$123.9M+8.1%
EPS (diluted)$4.28+16.6%

Balance sheet

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Cash & equivalents$652.7M+47.9%
Total debt$146.1M-2.8%
Total equity$598.3M+0.8%
Total assets$2.1B+12.2%

Cash flow

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Operating cash flow$151.8M+20.6%
CapEx$6.8M-31.8%
Free cash flow$145.0M+25.1%

Valuation

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Market cap$13.14B+46.8%
Enterprise value$12.64B+45.9%
P/E28.6×+7.0×
P/S4.9×+0.8×

Profitability

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Operating margin21%-0.1pp
Net margin17.2%-2.1pp
FCF margin26.5%+1.5pp

Returns & leverage

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Return on equity77.3%+11.4pp
Debt / equity0.2×0.0×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Medpace Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromRelatedParties.

The official record: Medpace Holdings, Inc.’s 10-Q, filed July 26, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medpace Holdings, Inc.'s revenue net — revenue from related parties?
Medpace Holdings, Inc. (MEDP) reported revenue net — revenue from related parties of $17.2M in Q2 2022.
How has Medpace Holdings, Inc.'s revenue net — revenue from related parties changed year-over-year?
Medpace Holdings, Inc.'s revenue net — revenue from related parties increased by 73.7% year-over-year, from $9.9M to $17.2M.
What does revenue net — revenue from related parties mean?
Revenue earned from business dealings with affiliated companies or related parties rather than independent third-party clients.
How do you interpret revenue net — revenue from related parties?
An increase may suggest a higher reliance on internal or related-party business, while a decrease indicates a greater focus on independent, market-driven client acquisition.
How does revenue net — revenue from related parties compare across companies?
Peers in the contract research organization industry typically report minimal related-party revenue, as the majority of business is conducted with independent biotechnology and pharmaceutical firms; significant deviations from this norm often warrant further investigation into corporate structure and potential conflicts of interest.