Medpace Holdings Inc (MEDP)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	404,386	365,666	339,790	312,507	282,810	273,182	268,659	256,951	245,368	226,732	209,279	199,853	181,848	182,680	175,566	159,736	145,384	124,331	106,848	110,199
Revenue (ttm)	US$ in thousands	2,108,554	2,068,966	2,028,148	1,960,912	1,899,742	1,816,339	1,717,384	1,607,723	1,488,796	1,387,029	1,289,052	1,216,138	1,145,156	1,094,017	1,028,823	955,525	926,439	896,133	881,998	891,107
Net profit margin		19.18%	17.67%	16.75%	15.94%	14.89%	15.04%	15.64%	15.98%	16.48%	16.35%	16.24%	16.43%	15.88%	16.70%	17.06%	16.72%	15.69%	13.87%	12.11%	12.37%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $404,386K ÷ $2,108,554K
= 19.18%

Net profit margin measures the percentage of revenue that translates into net profit after all expenses have been deducted. Over the period from March 31, 2020, to December 31, 2024, Medpace Holdings Inc's net profit margin has shown fluctuations. The net profit margin started at 12.37% in March 2020 and reached its highest point of 19.18% in December 2024.

There were fluctuations apparent from the trend, with some periods showing increasing margins (such as from September 2020 to December 2024) and others showing some decline (such as from March 2022 to March 2023). The highest net profit margin recorded was in December 2024 at 19.18%. Overall, the company's trend in net profit margins over the period demonstrates an ability to efficiently control costs and generate net income from its operating activities. Further investigation into the company's revenue, expenses, and operational efficiency may provide insights into the factors influencing these fluctuations in net profit margin.