Maximus (MMS) FCF Margin (2009 - 2026)
Maximus (MMS) recorded quarterly FCF Margin of 13.71% in Q1 2026, up 173.55% quarter-over-quarter from 18.64% in Q4 2025, and up 1183.0% on a YoY basis from 1.07% in Q1 2025.
Maximus (MMS) FCF Margin (2009 - 2026) Analysis & Trends
Maximus' FCF Margin history runs 18 years deep, the most recent figure standing at 13.71% for 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 348.0% YoY), while the FY2025 annual figure was 6.74%, down 82.0% from the prior year.
- FCF Margin was 13.71% for Q1 2026 at Maximus, 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.
- Historically, FCF Margin has averaged 5.49% across 5 years, with a median of 4.28% in 2023.
- Biggest YoY gain for FCF Margin was 3444 bps in 2025; the steepest drop was 2084 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 12.04% in 2022, then soared by 100 bps to 0.05% in 2023, then slumped by 15148 bps to 7.34% in 2024, then plunged by 154 bps to 18.64% in 2025, then surged by 174 bps to 13.71% in 2026.
- The last three FCF Margin figures came in at 13.71% (Q1 2026), 18.64% (Q4 2025), and 44.46% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 18.67% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 40.69% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 13.98% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 19.79% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -18.53% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 6.09% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 6.33% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 21.09% |
| 10 | Maximus | 3.40 Bn | 3.24 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% |