• Medpace Holdings average net profit margin for 2023 was 15.73%, a 4.55% increase from 2022.
• Medpace Holdings average net profit margin for 2022 was 16.48%, a 0.18% decline from 2021.
• Medpace Holdings average net profit margin for 2021 was 16.51%, a 22.57% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.