Maximus (MMS) FCF Margin (2009 - 2026)
Maximus (MMS) posted quarterly FCF Margin of 13.71% for Q1 2026, up 1183.0% year-over-year from 1.07% in Q1 2025, and up 173.55% quarter-over-quarter from 18.64% in Q4 2025.
Maximus (MMS) FCF Margin (2009 - 2026) Analysis & Trends
Maximus (MMS) has reported FCF Margin for 18 consecutive years, with 13.71% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 1183.0% year-over-year to 13.71%; the TTM figure through Mar 2026 stood at 7.0% (up 294.0% YoY), while the FY2025 annual figure was 6.74%, down 82.0% from the prior year.
- FCF Margin improved to 13.71% in Q1 2026 per MMS's latest filing, from 18.64% in the prior quarter.
- Across five years, FCF Margin topped out at 48.68% in Q3 2025 and bottomed at 18.64% in Q4 2025.
- Historically, FCF Margin has averaged 6.2% across 5 years, with a median of 7.8% in 2024.
- On a YoY basis, FCF Margin climbed as much as 3866 bps in 2025 and fell as far as 2722 bps in 2025.
- Maximus' FCF Margin stood at 12.04% in 2022, then surged by 100 bps to 0.05% in 2023, then sank by 15148 bps to 7.34% in 2024, then tumbled by 154 bps to 18.64% in 2025, then jumped by 174 bps to 13.71% in 2026.
- Business Quant data shows MMS's FCF Margin at 13.71% in Q1 2026, 18.64% in Q4 2025, and 48.68% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 21.10% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 40.69% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 12.86% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 4.83% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 0.10% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 11.15% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 49.99% |
| 10 | Maximus | 3.05 Bn | 2.99 Bn | 348.80 Mn | -10.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -10.71% |
| Mar 31, 2026 | 13.71% |
| Dec 31, 2025 | -18.64% |
| Sep 30, 2025 | 48.68% |
| Jun 30, 2025 | -14.70% |
| Mar 31, 2025 | 1.87% |
| Dec 31, 2024 | -7.34% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 12.52% |
| Mar 31, 2024 | 7.80% |
| Dec 31, 2023 | -0.05% |
| Sep 30, 2023 | 11.48% |
| Jun 30, 2023 | 2.39% |
| Mar 31, 2023 | 24.17% |
| Dec 31, 2022 | -12.04% |
| Sep 30, 2022 | 13.25% |
| Jun 30, 2022 | 3.99% |
| Mar 31, 2022 | 8.34% |
| Dec 31, 2021 | -0.80% |
| Sep 30, 2021 | 24.07% |