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Side-by-side financial comparison of Medpace Holdings, Inc. (MEDP) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $708.5M, roughly 1.7× Medpace Holdings, Inc.). Medpace Holdings, Inc. runs the higher net margin — 19.1% vs 11.6%, a 7.5% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 32.0%). Medpace Holdings, Inc. produced more free cash flow last quarter ($188.1M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 17.7%).

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.

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

MEDP vs SNEX — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.7× larger
SNEX
$1.2B
$708.5M
MEDP
Growing faster (revenue YoY)
SNEX
SNEX
+49.0% gap
SNEX
81.0%
32.0%
MEDP
Higher net margin
MEDP
MEDP
7.5% more per $
MEDP
19.1%
11.6%
SNEX
More free cash flow
MEDP
MEDP
$1.5B more FCF
MEDP
$188.1M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
17.7%
MEDP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MEDP
MEDP
SNEX
SNEX
Revenue
$708.5M
$1.2B
Net Profit
$135.1M
$139.0M
Gross Margin
Operating Margin
21.6%
15.4%
Net Margin
19.1%
11.6%
Revenue YoY
32.0%
81.0%
Net Profit YoY
15.5%
63.3%
EPS (diluted)
$4.65
$2.50

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
SNEX
SNEX
Q4 25
$708.5M
$1.2B
Q3 25
$659.9M
$32.7B
Q2 25
$603.3M
$851.2M
Q1 25
$558.6M
$820.4M
Q4 24
$536.6M
$663.1M
Q3 24
$533.3M
$31.1B
Q2 24
$528.1M
$571.8M
Q1 24
$511.0M
$509.2M
Net Profit
MEDP
MEDP
SNEX
SNEX
Q4 25
$135.1M
$139.0M
Q3 25
$111.1M
$85.7M
Q2 25
$90.3M
$63.4M
Q1 25
$114.6M
$71.7M
Q4 24
$117.0M
$85.1M
Q3 24
$96.4M
$76.7M
Q2 24
$88.4M
$61.9M
Q1 24
$102.6M
$53.1M
Gross Margin
MEDP
MEDP
SNEX
SNEX
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Q1 24
Operating Margin
MEDP
MEDP
SNEX
SNEX
Q4 25
21.6%
15.4%
Q3 25
21.5%
0.3%
Q2 25
20.9%
-1.3%
Q1 25
20.3%
-1.0%
Q4 24
23.4%
-3.2%
Q3 24
21.1%
-0.0%
Q2 24
19.9%
-4.7%
Q1 24
20.4%
-2.5%
Net Margin
MEDP
MEDP
SNEX
SNEX
Q4 25
19.1%
11.6%
Q3 25
16.8%
0.3%
Q2 25
15.0%
7.4%
Q1 25
20.5%
8.7%
Q4 24
21.8%
12.8%
Q3 24
18.1%
0.2%
Q2 24
16.7%
10.8%
Q1 24
20.1%
10.4%
EPS (diluted)
MEDP
MEDP
SNEX
SNEX
Q4 25
$4.65
$2.50
Q3 25
$3.86
$0.72
Q2 25
$3.10
$1.22
Q1 25
$3.67
$1.41
Q4 24
$3.67
$1.69
Q3 24
$3.01
$2.32
Q2 24
$2.75
$1.25
Q1 24
$3.20
$1.09

Balance Sheet & Financial Strength

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

Metric
MEDP
MEDP
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$497.0M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$459.1M
$2.5B
Total Assets
$2.0B
$47.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEDP
MEDP
SNEX
SNEX
Q4 25
$497.0M
$1.6B
Q3 25
$285.4M
$1.6B
Q2 25
$46.3M
$1.3B
Q1 25
$441.4M
$1.3B
Q4 24
$669.4M
$1.4B
Q3 24
$656.9M
$1.3B
Q2 24
$510.9M
$1.2B
Q1 24
$407.0M
$1.3B
Stockholders' Equity
MEDP
MEDP
SNEX
SNEX
Q4 25
$459.1M
$2.5B
Q3 25
$293.6M
$2.4B
Q2 25
$172.4M
$2.0B
Q1 25
$593.6M
$1.9B
Q4 24
$825.5M
$1.8B
Q3 24
$881.4M
$1.7B
Q2 24
$763.6M
$1.6B
Q1 24
$671.5M
$1.5B
Total Assets
MEDP
MEDP
SNEX
SNEX
Q4 25
$2.0B
$47.8B
Q3 25
$1.8B
$45.3B
Q2 25
$1.6B
$34.3B
Q1 25
$1.9B
$31.3B
Q4 24
$2.1B
$29.6B
Q3 24
$2.1B
$27.5B
Q2 24
$1.9B
$25.9B
Q1 24
$1.8B
$25.7B

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
SNEX
SNEX
Operating Cash FlowLast quarter
$192.7M
$-1.3B
Free Cash FlowOCF − Capex
$188.1M
$-1.3B
FCF MarginFCF / Revenue
26.6%
-106.4%
Capex IntensityCapex / Revenue
0.6%
1.3%
Cash ConversionOCF / Net Profit
1.43×
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$681.9M
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEDP
MEDP
SNEX
SNEX
Q4 25
$192.7M
$-1.3B
Q3 25
$246.2M
$3.5B
Q2 25
$148.5M
$1.5B
Q1 25
$125.8M
$-154.5M
Q4 24
$190.7M
$-477.8M
Q3 24
$149.1M
$192.6M
Q2 24
$116.4M
$-622.1M
Q1 24
$152.7M
$784.0M
Free Cash Flow
MEDP
MEDP
SNEX
SNEX
Q4 25
$188.1M
$-1.3B
Q3 25
$235.5M
$3.5B
Q2 25
$142.4M
$1.5B
Q1 25
$115.8M
$-169.8M
Q4 24
$183.0M
$-491.4M
Q3 24
$138.5M
$175.9M
Q2 24
$103.5M
$-640.5M
Q1 24
$147.2M
$766.6M
FCF Margin
MEDP
MEDP
SNEX
SNEX
Q4 25
26.6%
-106.4%
Q3 25
35.7%
10.7%
Q2 25
23.6%
173.3%
Q1 25
20.7%
-20.7%
Q4 24
34.1%
-74.1%
Q3 24
26.0%
0.6%
Q2 24
19.6%
-112.0%
Q1 24
28.8%
150.5%
Capex Intensity
MEDP
MEDP
SNEX
SNEX
Q4 25
0.6%
1.3%
Q3 25
1.6%
0.1%
Q2 25
1.0%
1.9%
Q1 25
1.8%
1.9%
Q4 24
1.4%
2.1%
Q3 24
2.0%
0.1%
Q2 24
2.4%
3.2%
Q1 24
1.1%
3.4%
Cash Conversion
MEDP
MEDP
SNEX
SNEX
Q4 25
1.43×
-9.08×
Q3 25
2.22×
41.18×
Q2 25
1.65×
23.52×
Q1 25
1.10×
-2.15×
Q4 24
1.63×
-5.61×
Q3 24
1.55×
2.51×
Q2 24
1.32×
-10.05×
Q1 24
1.49×
14.76×

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%

SNEX
SNEX

Segment breakdown not available.

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