Growth Metrics

Maximus (MMS) FCF Margin (2016 - 2025)

Maximus (MMS) has disclosed FCF Margin for 17 consecutive years, with 18.64% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin fell 1129.0% to 18.64% in Q4 2025 year-over-year; TTM through Dec 2025 was 4.07%, a 327.0% decrease, with the full-year FY2025 number at 6.74%, down 263.0% from a year prior.
  • FCF Margin was 18.64% for Q4 2025 at Maximus, down from 44.46% 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.
  • A 5-year average of 6.8% and a median of 6.16% in 2022 define the central range for FCF Margin.
  • Biggest YoY gain for FCF Margin was 3201bps in 2025; the steepest drop was -2573bps in 2025.
  • Maximus' FCF Margin stood at 0.8% in 2021, then plummeted by -1398bps to 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.
  • Per Business Quant, the three most recent readings for MMS's FCF Margin are 18.64% (Q4 2025), 44.46% (Q3 2025), and 10.57% (Q2 2025).