Maximus (MMS) Change in Taxes (2016 - 2026)
Quarterly Change in Taxes fell 296.03% to -$73.4 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$75.5 million through Mar 2026, down 702.6% year-over-year, with the annual reading at -$7.5 million for FY2025, 123.24% down from the prior year.
Maximus' Change in Taxes history spans 18 years, with the latest figure at -$73.4 million for Q1 2026.
- Change in Taxes came in at -$73.4 million for Q1 2026, down from -$1.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $22.2 million in Q4 2023 to a low of -$73.4 million in Q1 2026.
- The 5-year median for Change in Taxes is -$1.0 million (2025), against an average of -$5.3 million.
- The largest YoY upside for Change in Taxes was 2458.72% in 2023 against a maximum downside of 3939.54% in 2023.
- Maximus' Change in Taxes stood at $9.5 million in 2022, then soared by 135.08% to $22.2 million in 2023, then crashed by 45.73% to $12.1 million in 2024, then crashed by 108.57% to -$1.0 million in 2025, then tumbled by 6994.49% to -$73.4 million in 2026.
- Per Business Quant, the three most recent readings for MMS's Change in Taxes are -$73.4 million (Q1 2026), -$1.0 million (Q4 2025), and -$13.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | 6.79 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | -115.42 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | - |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 2.47 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | - |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | - |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | - |
| 10 | Maximus | 3.32 Bn | 3.16 Bn | 342.26 Mn | -73.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -73.43 Mn |
| Mar 31, 2026 | -73.43 Mn |
| Dec 31, 2025 | -1.04 Mn |
| Dec 31, 2025 | -1.04 Mn |
| Sep 30, 2025 | -13.13 Mn |
| Sep 30, 2025 | -13.13 Mn |
| Jun 30, 2025 | 12.09 Mn |
| Jun 30, 2025 | 12.09 Mn |
| Mar 31, 2025 | -18.54 Mn |
| Mar 31, 2025 | -18.54 Mn |
| Dec 31, 2024 | 12.08 Mn |
| Dec 31, 2024 | 12.08 Mn |
| Sep 30, 2024 | 21.73 Mn |
| Sep 30, 2024 | 21.73 Mn |
| Jun 30, 2024 | -2.73 Mn |
| Jun 30, 2024 | -2.73 Mn |
| Mar 31, 2024 | -8.94 Mn |
| Mar 31, 2024 | -8.94 Mn |
| Dec 31, 2023 | 22.25 Mn |
| Dec 31, 2023 | 22.25 Mn |
| Sep 30, 2023 | 16.23 Mn |
| Sep 30, 2023 | 16.23 Mn |
| Jun 30, 2023 | -26.61 Mn |
| Jun 30, 2023 | -26.61 Mn |
| Mar 31, 2023 | -16.04 Mn |
| Mar 31, 2023 | -16.04 Mn |
| Dec 31, 2022 | 9.47 Mn |
| Dec 31, 2022 | 9.47 Mn |
| Sep 30, 2022 | -688,000.00 |
| Sep 30, 2022 | -688,000.00 |
| Jun 30, 2022 | 693,000.00 |
| Jun 30, 2022 | 693,000.00 |
| Mar 31, 2022 | -23.84 Mn |
| Mar 31, 2022 | -23.84 Mn |
| Dec 31, 2021 | 10.32 Mn |
| Dec 31, 2021 | 10.32 Mn |
| Sep 30, 2021 | -17.90 Mn |
| Sep 30, 2021 | -17.90 Mn |
| Jun 30, 2021 | 11.94 Mn |
| Jun 30, 2021 | 11.94 Mn |
| Mar 31, 2021 | -13.72 Mn |
| Mar 31, 2021 | -13.72 Mn |
| Dec 31, 2020 | 16.95 Mn |
| Dec 31, 2020 | 16.95 Mn |
| Sep 30, 2020 | 2.93 Mn |
| Sep 30, 2020 | 2.93 Mn |
| Jun 30, 2020 | 28.27 Mn |
| Jun 30, 2020 | 28.27 Mn |
| Mar 31, 2020 | -41.69 Mn |
| Mar 31, 2020 | -41.69 Mn |
| Dec 31, 2019 | 13.98 Mn |
| Dec 31, 2019 | 13.98 Mn |
| Sep 30, 2019 | -7.86 Mn |
| Sep 30, 2019 | -7.86 Mn |
| Jun 30, 2019 | 19.64 Mn |
| Jun 30, 2019 | 19.64 Mn |
| Mar 31, 2019 | -12.65 Mn |
| Mar 31, 2019 | -12.65 Mn |
| Dec 31, 2018 | -3.85 Mn |
| Dec 31, 2018 | -3.85 Mn |
| Sep 30, 2018 | 1.35 Mn |
| Sep 30, 2018 | 1.35 Mn |
| Jun 30, 2018 | -12.72 Mn |
| Jun 30, 2018 | -12.72 Mn |
| Mar 31, 2018 | 8.99 Mn |
| Mar 31, 2018 | 8.99 Mn |
| Dec 31, 2017 | 9.64 Mn |
| Dec 31, 2017 | 9.64 Mn |
| Sep 30, 2017 | 3.53 Mn |
| Sep 30, 2017 | 3.53 Mn |
| Jun 30, 2017 | -15.35 Mn |
| Jun 30, 2017 | -15.35 Mn |
| Mar 31, 2017 | 3.81 Mn |
| Mar 31, 2017 | 3.81 Mn |
| Dec 31, 2016 | 16.90 Mn |
| Dec 31, 2016 | 16.90 Mn |
| Sep 30, 2016 | -12.16 Mn |
| Sep 30, 2016 | -12.16 Mn |
| Jun 30, 2016 | 21.63 Mn |
| Jun 30, 2016 | 21.63 Mn |