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Private company

PPD, Inc.

PPD, Inc. is an American commercial physical and biological research services company.1 It is headquartered in Wilmington, North Carolina.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Commercial Physical & Biological Research1
  • HeadquartersWilmington, North Carolina1
  • Incorporated inDE2
  • Business address929 North Front Street, Wilmington, Nc 28401-33312
  • Filer categoryNon-accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

10.9%Operating margin3
3.3%Net margin3
16.1%Revenue growth, 20203
$88.0MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Selling, general and admin22¢$1.0B
  • Other costs75¢$3.5B
  • Income tax0¢$18.8M
  • Profit3¢$153.7M

Out of $4.7B in revenue.3

Where each dollar of operating cash went, fiscal 2020

  • Capital spending65¢$163.3M
  • Share buybacks0¢$626.0K
  • Kept or used elsewhere35¢$87.4M

Out of $251.3M of cash from operations.3

Financial statements

Revenue3$4.7B in 2020+25% since 2018
0$2.0B$4.0B$6.0B2018: $3.7B$3.7B20182019: $4.0B$4.0B2019+8%2020: $4.7B$4.7B2020+16%
Operating income3$508.0M in 2020+36% since 2018
0$200.0M$400.0M$600.0M2018: $372.6M$372.6M20182019: $417.2M$417.2M2019+12%2020: $508.0M$508.0M2020+22%
Net income3$153.7M in 2020+48% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $104.2M$104.2M20182019: $47.8M$47.8M2019−54%2020: $153.7M$153.7M2020+221%
Fiscal year2017201820192020
Revenue$3.7B3$4.0B3$4.7B3
Selling, general and admin$813.0M3$938.8M3$1.0B3
Operating income$372.6M3$417.2M3$508.0M3
Income tax$39.6M3$3.0M3$18.8M3
Net income$104.2M3$47.8M3$153.7M3
Earnings per share$0.343$0.203$0.353
Earnings per share (diluted)$0.343$0.193$0.353

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Corporate structure

PPD, Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of PPD, Inc.

Built from major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What PPD, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$20.3M3 Dec 31, 2020$23.1M3 Dec 31, 2019−12.1%
Operating-lease assets (leased space)$171.8M3 Dec 31, 2020$181.6M3 Dec 31, 2019−5.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$768.0M3 Dec 31, 2020$345.2M3 Dec 31, 2019+122.5%
Equity securities at fair value$1.3M3 Dec 31, 2020$1.9M3 Dec 31, 2019−31.0%
Stakes in other companies (equity method)$43.2M3 Dec 31, 2020$34.0M3 Dec 31, 2019+26.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.8B3 Dec 31, 2020$1.8B3 Dec 31, 2019+3.2%
Intangible assets, net (excluding goodwill)$748.4M3 Dec 31, 2020$892.1M3 Dec 31, 2019−16.1%
Finite-lived intangibles, gross$2.3B3 Dec 31, 2020$2.3B3 Dec 31, 2019+2.2%
Accumulated amortization$1.6B3 Dec 31, 2020$1.4B3 Dec 31, 2019+14.1%
Finite-lived intangibles, net$748.4M3 Dec 31, 2020$892.1M3 Dec 31, 2019−16.1%

Leadership

Who has led PPD, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. David S. Simmons2020–2021

Chief operating officer

  1. William J. Sharbaugh2020–2021
  2. Christopher G. Scully2020
2025
Board members and other officers (17)

Timeline

  1. Dec 8, 20218-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer23
  2. Oct 27, 20218-K Results of operations24
  3. Feb 5, 2020New chief executive David S. Simmons becomes CEO4

Calendar

When it reported results

  1. Oct 27, 2021Reported quarterly or annual results24

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

25 filings to the SEC since October 2021: 1 quarterly reports, 2 major events, 17 insider forms, 3 large holders, 2 other. The latest 20:

  1. Feb 8, 2022SC 13G/A EDGAR
  2. Feb 2, 2022SC 13G/A BENEFICIAL OWNERSHIP - EXIT EDGAR
  3. Dec 20, 202115-12B EDGAR
  4. Dec 9, 2021SC 13G EDGAR
  5. Dec 9, 20214 FORM 4 SUBMISSION EDGAR
  6. Dec 8, 20214 EDGAR
  7. Dec 8, 20214 EDGAR
  8. Dec 8, 20214 EDGAR
  9. Dec 8, 20214 EDGAR
  10. Dec 8, 20214 EDGAR
  11. Dec 8, 20214 EDGAR
  12. Dec 8, 20214 EDGAR
  13. Dec 8, 20214 EDGAR
  14. Dec 8, 20214 EDGAR
  15. Dec 8, 20214 EDGAR
  16. Dec 8, 20214 EDGAR
  17. Dec 8, 20214 EDGAR
  18. Dec 8, 20214 EDGAR
  19. Dec 8, 20214 EDGAR
  20. Dec 8, 2021S-8 POS EDGAR

The 25 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 8, 2021HFCP VIII (Parallel - A), L.P.10% ownerSale132,841,266$47.50$6.3BForm 4
Dec 8, 2021H&F EXECUTIVES VII, L.P.10% ownerSale132,841,266$47.50$6.3BForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

PPD, Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

SEC filer profile

How PPD, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPPD, Inc.1
  • CIK0001793294
  • Filer statusNon-accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)8731 Services-Commercial Physical & Biological Research1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address929 North Front Street, Wilmington, NC 28401-33311
  • Phone910 251 00811
  • Shares outstanding351,394,547 as of Oct 25, 202129
  • Public float$1.8B as of Jun 30, 20203
  • On EDGAR sinceNov 12, 20191
  • Filings184 in all: 4 (83), 3 (24), 8-K (24), 10-Q (6), CORRESP (5), SC 13G (5), UPLOAD (4), 10-K (2)1
    All 32 form types

    424B4 (2), 5 (2), DRS (2), EFFECT (2), S-1 (2), S-1/A (2), SC 13G/A (2), 15-12B (1), 25-NSE (1), 3/A (1), 8-A12B (1), CERT (1), DEF 14A (1), DEFA14A (1), DEFM14C (1), DEFR14C (1), DRS/A (1), DRSLTR (1), PREM14C (1), PRER14C (1), S-8 (1), S-8 POS (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2021
    Quarterly report (10-Q) Oct 28, 2021
    Proxy statement (DEF 14A) Mar 8, 2021
    Latest 8-K (8-K) Dec 8, 2021

Sources

The numbers on this page point here. Each one links to the record it came from.

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