Maximus (MMS) FCF Margin (2009 - 2026)
Maximus' FCF Margin was -10.71% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.99 percentage points from -14.70% a year earlier but down 24.42 percentage points from the prior quarter.
Maximus (MMS) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Maximus' FCF Margin was 8.25% through Jun 30, 2026, up 10.90 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 6.74%, down 0.82 percentage points from FY2024.
- FCF Margin shows a five-year change of +0.85 percentage points (FY2020 to FY2025).
- In earlier fiscal years, FCF Margin was 7.56% in FY2024 (+3.00 pp), 4.56% in FY2023 (-0.49 pp), 5.05% in FY2022 (-6.25 pp) and 11.30% in FY2021 (+5.41 pp).
- Quarterly FCF Margin has moved between -18.64% (fiscal Q1 2026) and 48.68% (fiscal Q4 2025) over five years.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.48 percentage points.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q4 2025 (a gain of 38.66 percentage points); the worst was fiscal Q3 2025 (a drop of 27.22 percentage points).
- Per Business Quant data, MMS's FCF Margin in the three fiscal quarters before Q3 2026 was 13.71% (Q2 2026), -18.64% (Q1 2026) and 48.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 19.23% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 21.10% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | -1.92% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 2.31% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 15.40% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 0.10% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 11.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 22.58% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | Maximus | 2.73 Bn | 2.15 Bn | 348.80 Mn | -10.71% |
Historic 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 | 8.95% |
| Jun 30, 2023 | -2.56% |
| 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% |
Maximus FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();