Medpace Holdings Gross Margin 2014-2024 | MEDP
- Medpace Holdings average gross margin for 2023 was 65.15%, a 4.34% increase from 2022.
- Medpace Holdings average gross margin for 2022 was 62.44%, a 0.95% increase from 2021.
- Medpace Holdings average gross margin for 2021 was 61.85%, a 0.47% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.