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Side-by-side financial comparison of Medpace Holdings, Inc. (MEDP) and Martin Marietta Materials (MLM). Click either name above to swap in a different company.

Martin Marietta Materials is the larger business by last-quarter revenue ($1.4B vs $708.5M, roughly 1.9× Medpace Holdings, Inc.). Martin Marietta Materials runs the higher net margin — 111.1% vs 19.1%, a 92.0% gap on every dollar of revenue. On growth, Medpace Holdings, Inc. posted the faster year-over-year revenue change (32.0% vs 17.0%). Over the past eight quarters, Medpace Holdings, Inc.'s revenue compounded faster (17.7% CAGR vs -12.1%).

Medpace Holdings, Inc. is a global clinical research organization (CRO) based in Cincinnati, Ohio, employing approximately 6,000 people. Operating under a full-service model, the company also offers global central laboratory, imaging core laboratory, and bioanalytical laboratory services, as well as a Phase I unit located on its headquarters and clinical research campus in Cincinnati, Ohio.

Martin Marietta Materials, Inc. is an American company and a supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada, and the Caribbean. In particular, Martin Marietta Materials supplies resources for the construction of roads, sidewalks, and foundations.

MEDP vs MLM — Head-to-Head

Bigger by revenue
MLM
MLM
1.9× larger
MLM
$1.4B
$708.5M
MEDP
Growing faster (revenue YoY)
MEDP
MEDP
+15.0% gap
MEDP
32.0%
17.0%
MLM
Higher net margin
MLM
MLM
92.0% more per $
MLM
111.1%
19.1%
MEDP
Faster 2-yr revenue CAGR
MEDP
MEDP
Annualised
MEDP
17.7%
-12.1%
MLM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MEDP
MEDP
MLM
MLM
Revenue
$708.5M
$1.4B
Net Profit
$135.1M
$1.5B
Gross Margin
22.8%
Operating Margin
21.6%
11.9%
Net Margin
19.1%
111.1%
Revenue YoY
32.0%
17.0%
Net Profit YoY
15.5%
EPS (diluted)
$4.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MEDP
MEDP
MLM
MLM
Q1 26
$1.4B
Q4 25
$708.5M
$1.1B
Q3 25
$659.9M
$1.8B
Q2 25
$603.3M
$1.8B
Q1 25
$558.6M
$1.4B
Q4 24
$536.6M
$1.6B
Q3 24
$533.3M
$1.9B
Q2 24
$528.1M
$1.8B
Net Profit
MEDP
MEDP
MLM
MLM
Q1 26
$1.5B
Q4 25
$135.1M
$279.0M
Q3 25
$111.1M
$414.0M
Q2 25
$90.3M
$328.0M
Q1 25
$114.6M
$116.0M
Q4 24
$117.0M
$293.0M
Q3 24
$96.4M
$363.0M
Q2 24
$88.4M
$294.0M
Gross Margin
MEDP
MEDP
MLM
MLM
Q1 26
22.8%
Q4 25
35.0%
Q3 25
33.1%
Q2 25
30.0%
Q1 25
24.8%
Q4 24
30.0%
Q3 24
31.7%
Q2 24
29.3%
Operating Margin
MEDP
MEDP
MLM
MLM
Q1 26
11.9%
Q4 25
21.6%
24.6%
Q3 25
21.5%
27.4%
Q2 25
20.9%
25.3%
Q1 25
20.3%
14.3%
Q4 24
23.4%
24.4%
Q3 24
21.1%
25.9%
Q2 24
19.9%
22.6%
Net Margin
MEDP
MEDP
MLM
MLM
Q1 26
111.1%
Q4 25
19.1%
24.5%
Q3 25
16.8%
22.4%
Q2 25
15.0%
18.1%
Q1 25
20.5%
8.6%
Q4 24
21.8%
18.0%
Q3 24
18.1%
19.2%
Q2 24
16.7%
16.7%
EPS (diluted)
MEDP
MEDP
MLM
MLM
Q1 26
Q4 25
$4.65
$4.59
Q3 25
$3.86
$6.85
Q2 25
$3.10
$5.43
Q1 25
$3.67
$1.90
Q4 24
$3.67
$4.87
Q3 24
$3.01
$5.91
Q2 24
$2.75
$4.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MEDP
MEDP
MLM
MLM
Cash + ST InvestmentsLiquidity on hand
$497.0M
$273.0M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$459.1M
$11.3B
Total Assets
$2.0B
$20.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEDP
MEDP
MLM
MLM
Q1 26
$273.0M
Q4 25
$497.0M
$67.0M
Q3 25
$285.4M
$57.0M
Q2 25
$46.3M
$225.0M
Q1 25
$441.4M
$101.0M
Q4 24
$669.4M
$670.0M
Q3 24
$656.9M
$52.0M
Q2 24
$510.9M
$109.0M
Total Debt
MEDP
MEDP
MLM
MLM
Q1 26
$0
Q4 25
$5.3B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.4B
Q4 24
$5.4B
Q3 24
$4.0B
Q2 24
$4.3B
Stockholders' Equity
MEDP
MEDP
MLM
MLM
Q1 26
$11.3B
Q4 25
$459.1M
$10.0B
Q3 25
$293.6M
$9.7B
Q2 25
$172.4M
$9.4B
Q1 25
$593.6M
$9.1B
Q4 24
$825.5M
$9.5B
Q3 24
$881.4M
$9.2B
Q2 24
$763.6M
$8.8B
Total Assets
MEDP
MEDP
MLM
MLM
Q1 26
$20.5B
Q4 25
$2.0B
$18.7B
Q3 25
$1.8B
$18.7B
Q2 25
$1.6B
$18.1B
Q1 25
$1.9B
$17.7B
Q4 24
$2.1B
$18.2B
Q3 24
$2.1B
$16.5B
Q2 24
$1.9B
$16.3B
Debt / Equity
MEDP
MEDP
MLM
MLM
Q1 26
0.00×
Q4 25
0.53×
Q3 25
0.57×
Q2 25
0.58×
Q1 25
0.60×
Q4 24
0.57×
Q3 24
0.44×
Q2 24
0.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MEDP
MEDP
MLM
MLM
Operating Cash FlowLast quarter
$192.7M
$227.0M
Free Cash FlowOCF − Capex
$188.1M
FCF MarginFCF / Revenue
26.6%
Capex IntensityCapex / Revenue
0.6%
40.4%
Cash ConversionOCF / Net Profit
1.43×
0.15×
TTM Free Cash FlowTrailing 4 quarters
$681.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEDP
MEDP
MLM
MLM
Q1 26
$227.0M
Q4 25
$192.7M
$629.0M
Q3 25
$246.2M
$551.0M
Q2 25
$148.5M
$387.0M
Q1 25
$125.8M
$218.0M
Q4 24
$190.7M
$686.0M
Q3 24
$149.1M
$600.0M
Q2 24
$116.4M
$1.0M
Free Cash Flow
MEDP
MEDP
MLM
MLM
Q1 26
Q4 25
$188.1M
$424.0M
Q3 25
$235.5M
$361.0M
Q2 25
$142.4M
$208.0M
Q1 25
$115.8M
$-15.0M
Q4 24
$183.0M
$453.0M
Q3 24
$138.5M
$317.0M
Q2 24
$103.5M
$-138.0M
FCF Margin
MEDP
MEDP
MLM
MLM
Q1 26
Q4 25
26.6%
37.2%
Q3 25
35.7%
19.6%
Q2 25
23.6%
11.5%
Q1 25
20.7%
-1.1%
Q4 24
34.1%
27.8%
Q3 24
26.0%
16.8%
Q2 24
19.6%
-7.8%
Capex Intensity
MEDP
MEDP
MLM
MLM
Q1 26
40.4%
Q4 25
0.6%
18.0%
Q3 25
1.6%
10.3%
Q2 25
1.0%
9.9%
Q1 25
1.8%
17.2%
Q4 24
1.4%
14.3%
Q3 24
2.0%
15.0%
Q2 24
2.4%
7.9%
Cash Conversion
MEDP
MEDP
MLM
MLM
Q1 26
0.15×
Q4 25
1.43×
2.25×
Q3 25
2.22×
1.33×
Q2 25
1.65×
1.18×
Q1 25
1.10×
1.88×
Q4 24
1.63×
2.34×
Q3 24
1.55×
1.65×
Q2 24
1.32×
0.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MEDP
MEDP

Metabolic$249.8M35%
Oncology$195.9M28%
Other$88.3M12%
Central Nervous System$73.2M10%
Cardiology$63.0M9%
Antiviral And Anti Infective$38.3M5%
Related Party$10.3M1%

MLM
MLM

Segment breakdown not available.

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