Maximus (MMS) Free Cash Flow (2009 - 2026)

Maximus (MMS) recorded quarterly Free Cash Flow of $179.0 million in Q1 2026, up 171.42% quarter-over-quarter from -$250.7 million in Q4 2025, and up 601.81% on a YoY basis from $25.5 million in Q1 2025.

Maximus (MMS) Free Cash Flow (2009 - 2026) Analysis & Trends

Maximus' Free Cash Flow history runs 18 years deep, the most recent figure standing at $179.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 601.81% year-over-year to $179.0 million; the TTM figure through Mar 2026 stood at $372.0 million (up 96.3% YoY), while the FY2025 annual figure was $366.2 million, down 8.7% from the prior year.
  • Free Cash Flow was $179.0 million for Q1 2026 at Maximus, up from -$250.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $586.2 million in Q3 2025 to a low of -$250.7 million in Q4 2025.
  • Historically, Free Cash Flow has averaged $68.4 million across 5 years, with a median of $53.9 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow plunged 16017.06% in 2024, then soared 601.81% in 2026.
  • A 5-year view of Free Cash Flow shows it stood at -$150.4 million in 2022, then jumped by 99.58% to -$639000.0 in 2023, then slumped by 16017.06% to -$103.0 million in 2024, then tumbled by 143.39% to -$250.7 million in 2025, then soared by 171.42% to $179.0 million in 2026.
  • The last three Free Cash Flow figures came in at $179.0 million (Q1 2026), -$250.7 million (Q4 2025), and $586.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 530.57 Mn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 503.31 Mn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 172.60 Mn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 150.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn -550.16 Mn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 298.98 Mn
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 220.00 Mn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 83.44 Mn
10 Maximus 3.40 Bn 3.24 Bn 342.26 Mn 179.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 179.02 Mn
Mar 31, 2026 179.02 Mn
Dec 31, 2025 -250.67 Mn
Dec 31, 2025 -250.67 Mn
Sep 30, 2025 586.16 Mn
Sep 30, 2025 586.16 Mn
Jun 30, 2025 -142.52 Mn
Jun 30, 2025 -142.52 Mn
Mar 31, 2025 25.51 Mn
Mar 31, 2025 25.51 Mn
Dec 31, 2024 -102.99 Mn
Dec 31, 2024 -102.99 Mn
Sep 30, 2024 131.88 Mn
Sep 30, 2024 131.88 Mn
Jun 30, 2024 135.10 Mn
Jun 30, 2024 135.10 Mn
Mar 31, 2024 134.73 Mn
Mar 31, 2024 134.73 Mn
Dec 31, 2023 -639,000.00
Dec 31, 2023 -639,000.00