Growth Metrics

Maximus (MMS) Free Cash Flow (2016 - 2025)

Maximus (MMS) has disclosed Free Cash Flow for 17 consecutive years, with -$250.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Free Cash Flow fell 143.39% to -$250.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $218.5 million, a 44.68% decrease, with the full-year FY2025 number at $366.2 million, down 26.36% from a year prior.
  • Free Cash Flow was -$250.7 million for Q4 2025 at Maximus, down from $586.2 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.
  • A 5-year average of $80.4 million and a median of $71.5 million in 2022 define the central range for Free Cash Flow.
  • Peak YoY movement for Free Cash Flow: surged 1149.76% in 2021, then plummeted 16017.06% in 2024.
  • Maximus' Free Cash Flow stood at -$9.2 million in 2021, then tumbled by 1526.17% to -$150.4 million in 2022, then soared by 99.58% to -$639000.0 in 2023, then tumbled by 16017.06% to -$103.0 million in 2024, then crashed by 143.39% to -$250.7 million in 2025.
  • Per Business Quant, the three most recent readings for MMS's Free Cash Flow are -$250.7 million (Q4 2025), $586.2 million (Q3 2025), and -$142.5 million (Q2 2025).