Maximus (MMS) FCF Margin (2016 - 2026)
Quarterly FCF Margin rose 1183.0% to 13.71% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 7.0% through Mar 2026, up 348.0% year-over-year, with the annual reading at 6.74% for FY2025, 82.0% down from the prior year.
Maximus' FCF Margin history spans 18 years, with the latest figure at 13.71% for Q1 2026.
- FCF Margin came in at 13.71% for Q1 2026, up from 18.64% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 44.46% in Q3 2025 to a low of 18.64% in Q4 2025.
- The 5-year median for FCF Margin is 4.28% (2023), against an average of 5.49%.
- The largest YoY upside for FCF Margin was 3444bps in 2025 against a maximum downside of -2084bps in 2025.
- Maximus' FCF Margin stood at 12.04% in 2022, then surged by 100bps to 0.05% in 2023, then tumbled by -15148bps to 7.34% in 2024, then plummeted by -154bps to 18.64% in 2025, then skyrocketed by 174bps to 13.71% in 2026.
- Per Business Quant, the three most recent readings for MMS's FCF Margin are 13.71% (Q1 2026), 18.64% (Q4 2025), and 44.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | 18.67% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 5.16% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 19.79% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -18.53% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 13.98% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 6.09% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 6.33% |
| 10 | Maximus | 3.32 Bn | 3.16 Bn | 342.26 Mn | 13.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.71% |
| Dec 31, 2025 | -18.64% |
| Sep 30, 2025 | 44.46% |
| Jun 30, 2025 | -10.57% |
| Mar 31, 2025 | 1.87% |
| Dec 31, 2024 | -7.34% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 10.27% |
| Mar 31, 2024 | 9.99% |
| Dec 31, 2023 | -0.05% |
| Sep 30, 2023 | 4.28% |
| Jun 30, 2023 | 2.39% |
| Mar 31, 2023 | 24.17% |
| Dec 31, 2022 | -12.04% |
| Sep 30, 2022 | 8.48% |
| Jun 30, 2022 | 3.99% |
| Mar 31, 2022 | 8.34% |
| Dec 31, 2021 | -0.80% |
| Sep 30, 2021 | 24.07% |
| Jun 30, 2021 | -3.34% |
| Mar 31, 2021 | 17.42% |
| Dec 31, 2020 | 9.41% |
| Sep 30, 2020 | 14.75% |
| Jun 30, 2020 | -2.50% |
| Mar 31, 2020 | 1.63% |
| Dec 31, 2019 | 9.38% |
| Sep 30, 2019 | 8.64% |
| Jun 30, 2019 | 15.88% |
| Mar 31, 2019 | 8.05% |
| Dec 31, 2018 | 7.43% |
| Sep 30, 2018 | 22.11% |
| Jun 30, 2018 | 10.57% |
| Mar 31, 2018 | 11.77% |
| Dec 31, 2017 | 5.05% |
| Sep 30, 2017 | 12.77% |
| Jun 30, 2017 | 18.18% |
| Mar 31, 2017 | -0.48% |
| Dec 31, 2016 | 10.43% |
| Sep 30, 2016 | 11.54% |
| Jun 30, 2016 | 11.67% |