Maximus (MMS) Change in Receivables (2016 - 2026)
Quarterly Change in Receivables fell 123.37% to -$30.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $19.6 million through Mar 2026, down 89.83% year-over-year, with the annual reading at $31.9 million for FY2025, 37.0% down from the prior year.
Maximus' Change in Receivables history spans 18 years, with the latest figure at -$30.7 million for Q1 2026.
- Change in Receivables came in at -$30.7 million for Q1 2026, down from $253.4 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $318.4 million in Q2 2025 to a low of -$521.4 million in Q3 2025.
- The 5-year median for Change in Receivables is $34.9 million (2022), against an average of $17.7 million.
- Year-over-year, Change in Receivables surged 1322.34% in 2022 and then plummeted 2269.61% in 2025.
- Maximus' Change in Receivables stood at $200.7 million in 2022, then plummeted by 82.38% to $35.4 million in 2023, then skyrocketed by 192.42% to $103.5 million in 2024, then surged by 144.92% to $253.4 million in 2025, then plummeted by 112.12% to -$30.7 million in 2026.
- Per Business Quant, the three most recent readings for MMS's Change in Receivables are -$30.7 million (Q1 2026), $253.4 million (Q4 2025), and -$521.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 56.46 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 99.65 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 87.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -44.18 Mn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | - |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | -7.48 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | -95.00 Mn |
| 10 | Maximus | 3.32 Bn | 3.16 Bn | 342.26 Mn | -30.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -30.71 Mn |
| Mar 31, 2026 | -30.71 Mn |
| Dec 31, 2025 | 253.38 Mn |
| Dec 31, 2025 | 253.38 Mn |
| Sep 30, 2025 | -521.45 Mn |
| Sep 30, 2025 | -521.45 Mn |
| Jun 30, 2025 | 318.42 Mn |
| Jun 30, 2025 | 318.42 Mn |
| Mar 31, 2025 | 131.43 Mn |
| Mar 31, 2025 | 131.43 Mn |
| Dec 31, 2024 | 103.45 Mn |
| Dec 31, 2024 | 103.45 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Jun 30, 2024 | -65.86 Mn |
| Jun 30, 2024 | -65.86 Mn |
| Mar 31, 2024 | 57.01 Mn |
| Mar 31, 2024 | 57.01 Mn |
| Dec 31, 2023 | 35.38 Mn |
| Dec 31, 2023 | 35.38 Mn |
| Sep 30, 2023 | 31.08 Mn |
| Sep 30, 2023 | 31.08 Mn |
| Jun 30, 2023 | 54.85 Mn |
| Jun 30, 2023 | 54.85 Mn |
| Mar 31, 2023 | -263.28 Mn |
| Mar 31, 2023 | -263.28 Mn |
| Dec 31, 2022 | 200.75 Mn |
| Dec 31, 2022 | 200.75 Mn |
| Sep 30, 2022 | -54.13 Mn |
| Sep 30, 2022 | -54.13 Mn |
| Jun 30, 2022 | -9.07 Mn |
| Jun 30, 2022 | -9.07 Mn |
| Mar 31, 2022 | 34.95 Mn |
| Mar 31, 2022 | 34.95 Mn |
| Dec 31, 2021 | 14.11 Mn |
| Dec 31, 2021 | 14.11 Mn |
| Sep 30, 2021 | -292.88 Mn |
| Sep 30, 2021 | -292.88 Mn |
| Jun 30, 2021 | 324.52 Mn |
| Jun 30, 2021 | 324.52 Mn |
| Mar 31, 2021 | -62.41 Mn |
| Mar 31, 2021 | -62.41 Mn |
| Dec 31, 2020 | -7.81 Mn |
| Dec 31, 2020 | -7.81 Mn |
| Sep 30, 2020 | 33.12 Mn |
| Sep 30, 2020 | 33.12 Mn |
| Jun 30, 2020 | 94.76 Mn |
| Jun 30, 2020 | 94.76 Mn |
| Mar 31, 2020 | 21.85 Mn |
| Mar 31, 2020 | 21.85 Mn |
| Dec 31, 2019 | 31.02 Mn |
| Dec 31, 2019 | 31.02 Mn |
| Sep 30, 2019 | -62.64 Mn |
| Sep 30, 2019 | -62.64 Mn |
| Jun 30, 2019 | 35.41 Mn |
| Jun 30, 2019 | 35.41 Mn |
| Mar 31, 2019 | 2.83 Mn |
| Mar 31, 2019 | 2.83 Mn |
| Dec 31, 2018 | 69.89 Mn |
| Dec 31, 2018 | 69.89 Mn |
| Sep 30, 2018 | -40.82 Mn |
| Sep 30, 2018 | -40.82 Mn |
| Jun 30, 2018 | -11.73 Mn |
| Jun 30, 2018 | -11.73 Mn |
| Mar 31, 2018 | -25.86 Mn |
| Mar 31, 2018 | -25.86 Mn |
| Dec 31, 2017 | 44.38 Mn |
| Dec 31, 2017 | 44.38 Mn |
| Sep 30, 2017 | 15.00 Mn |
| Sep 30, 2017 | 15.00 Mn |
| Jun 30, 2017 | -57.99 Mn |
| Jun 30, 2017 | -57.99 Mn |
| Mar 31, 2017 | 4.66 Mn |
| Mar 31, 2017 | 4.66 Mn |
| Dec 31, 2016 | -14.69 Mn |
| Dec 31, 2016 | -14.69 Mn |
| Sep 30, 2016 | 24.52 Mn |
| Sep 30, 2016 | 24.52 Mn |
| Jun 30, 2016 | -7.58 Mn |
| Jun 30, 2016 | -7.58 Mn |