What does service — revenue mean?

The total revenue earned from providing clinical research services to clients, excluding tax collections.

How do you interpret service — revenue?

An increase indicates strong demand for the company's clinical trial services and successful project execution, while a decrease may signal a slowdown in client R&D spending or increased competition.

How does service — revenue compare across companies?

This is comparable to 'Service Revenue' or 'Net Revenue' reported by other contract research organizations (CROs) and professional services firms.

Medpace Holdings, Inc. MEDP Service — Revenue

Discontinued — last reported Q3 '18

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JAZZProduct And Services, Royalties And Contract Revenue — Revenue from Contract with Customer, Excluding Assessed Tax

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BTSGProvider Services — Revenue

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AXSMProduct — Revenue

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NTAPService — Revenue

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Other financials

Income statement

See full

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

See full

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

See full

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

See full

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Medpace Holdings, Inc.’s 10-Q, filed October 30, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does service — revenue mean?: The total revenue earned from providing clinical research services to clients, excluding tax collections.
How do you interpret service — revenue?: An increase indicates strong demand for the company's clinical trial services and successful project execution, while a decrease may signal a slowdown in client R&D spending or increased competition.
How does service — revenue compare across companies?: This is comparable to 'Service Revenue' or 'Net Revenue' reported by other contract research organizations (CROs) and professional services firms.