Maximus (MMS) EBITDA (2009 - 2026)
Maximus (MMS) posted quarterly EBITDA of $148.5 million for Q1 2026, down 2.93% year-over-year from $153.0 million in Q1 2025, and up 1.56% quarter-over-quarter from $146.2 million in Q4 2025.
Maximus (MMS) EBITDA (2009 - 2026) Analysis & Trends
Maximus (MMS) has reported EBITDA for 18 consecutive years, with $148.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 2.93% year-over-year to $148.5 million; the TTM figure through Mar 2026 stood at $583.2 million (up 18.24% YoY), while the FY2025 annual figure was $528.3 million, up 8.15% from the prior year.
- EBITDA grew to $148.5 million in Q1 2026 per MMS's latest filing, from $146.2 million in the prior quarter.
- Across five years, EBITDA topped out at $165.7 million in Q2 2025 and bottomed at $54.6 million in Q2 2022.
- Historically, EBITDA has averaged $108.9 million across 5 years, with a median of $111.8 million in 2024.
- Annual changes were most pronounced in 2022 — EBITDA sank 60.92% — and 2024, when it surged 142.75%.
- Maximus' EBITDA stood at $74.8 million in 2022, then jumped by 43.77% to $107.5 million in 2023, then decreased by 19.28% to $86.8 million in 2024, then soared by 68.47% to $146.2 million in 2025, then increased by 1.56% to $148.5 million in 2026.
- Business Quant data shows MMS's EBITDA at $148.5 million in Q1 2026, $146.2 million in Q4 2025, and $122.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 673.04 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 464.28 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 337.12 Mn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 224.80 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 215.59 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 150.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 34.32 Mn |
| 10 | Maximus | 3.05 Bn | 2.99 Bn | 348.80 Mn | 161.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 161.43 Mn |
| Mar 31, 2026 | 148.49 Mn |
| Dec 31, 2025 | 146.21 Mn |
| Sep 30, 2025 | 122.86 Mn |
| Jun 30, 2025 | 165.67 Mn |
| Mar 31, 2025 | 152.97 Mn |
| Dec 31, 2024 | 86.79 Mn |
| Sep 30, 2024 | 111.76 Mn |
| Jun 30, 2024 | 141.74 Mn |
| Mar 31, 2024 | 127.49 Mn |
| Dec 31, 2023 | 107.51 Mn |
| Sep 30, 2023 | 99.12 Mn |
| Jun 30, 2023 | 58.39 Mn |
| Mar 31, 2023 | 62.51 Mn |
| Dec 31, 2022 | 74.78 Mn |
| Sep 30, 2022 | 114.52 Mn |
| Jun 30, 2022 | 54.56 Mn |
| Mar 31, 2022 | 75.29 Mn |
| Dec 31, 2021 | 81.53 Mn |
| Sep 30, 2021 | 68.18 Mn |