Medpace Holdings Inc (MEDP)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	335,682	318,620	317,311	303,566	282,860	265,136	237,980	218,667	201,852	200,633	192,887	180,563	168,532	150,047	132,522	136,652	124,832	117,935	113,929	100,952
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
Pretax margin		17.67%	17.54%	18.48%	18.88%	19.00%	19.12%	18.46%	17.98%	17.63%	18.34%	18.75%	18.90%	18.19%	16.74%	15.03%	15.34%	14.50%	14.33%	14.49%	13.60%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $335,682K ÷ $1,899,742K
= 17.67%

The pretax margin of Medpace Holdings Inc has shown stability and consistency in recent quarters. It ranged from 17.80% to 19.42% throughout the provided periods. The highest pretax margin was recorded in Q1 2023 at 19.42%, indicating strong profitability before taxes. Overall, the company has maintained a healthy level of pretax margin, reflecting efficient cost management and profitability in its operations. Further analysis of factors influencing this metric could provide valuable insights into the company's financial health.