Medpace Holdings Inc (MEDP)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	100,443	93,391	88,719	77,832
Revenue (ttm)	US$ in thousands	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	860,969	823,198	786,213	742,253
Net profit margin		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%	11.67%	11.34%	11.28%	10.49%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $282,810K ÷ $1,899,742K
= 14.89%

The net profit margin of Medpace Holdings Inc has shown a consistent trend of profitability over the past eight quarters, averaging around 16%. There was a slight decrease in the net profit margin in the most recent quarter compared to the previous quarter but generally, the company has maintained healthy profit margins. This indicates that the company is effectively controlling its costs and expenses relative to its revenue, resulting in a strong bottom line. Further analysis of the company's operational efficiency and profitability drivers could provide additional insights into the sustainability of its profitability levels.