Maximus (MMS) Free Cash Flow (2009 - 2026)
Maximus' Free Cash Flow came in at -$136.97 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$198.21 million a year earlier.
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Analysis
Maximus (MMS) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Maximus reported Free Cash Flow of $433.23 million; for FY2025 (ended Sep 30, 2025), it came in at $366.16 million, down 8.7% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $401.07 million in FY2024 (+79.3%), $223.65 million in FY2023 (-4.3%), $233.69 million in FY2022 (-51.4%) and $480.76 million in FY2021 (+135.8%).
- The five-year range for quarterly Free Cash Flow is -$250.67 million (fiscal Q1 2026) to $641.85 million (fiscal Q4 2025).
- Year-over-year, Free Cash Flow increased in three of the last four quarters, with growth averaging 232.4%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q2 2026 (growth of 601.8%), and the weakest in fiscal Q2 2025 (a decline of 75.8%).
- Business Quant data shows MMS's Free Cash Flow at $179.02 million (Q2 2026), -$250.67 million (Q1 2026) and $641.85 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 3.60 Bn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 613.11 Mn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | -38.93 Mn |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 52.00 Mn |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 166.08 Mn |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 4.82 Mn |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 91.00 Mn |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 378.37 Mn |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Maximus | 2.79 Bn | 2.21 Bn | 348.80 Mn | -136.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -136.97 Mn |
| Mar 31, 2026 | 179.02 Mn |
| Dec 31, 2025 | -250.67 Mn |
| Sep 30, 2025 | 641.85 Mn |
| Jun 30, 2025 | -198.21 Mn |
| Mar 31, 2025 | 25.51 Mn |
| Dec 31, 2024 | -102.99 Mn |
| Sep 30, 2024 | 131.88 Mn |
| Jun 30, 2024 | 164.64 Mn |
| Mar 31, 2024 | 105.19 Mn |
| Dec 31, 2023 | -639,000.00 |
| Sep 30, 2023 | 112.76 Mn |
| Jun 30, 2023 | -30.40 Mn |
| Mar 31, 2023 | 291.64 Mn |
| Dec 31, 2022 | -150.36 Mn |
| Sep 30, 2022 | 99.85 Mn |
| Jun 30, 2022 | 44.88 Mn |
| Mar 31, 2022 | 98.21 Mn |
| Dec 31, 2021 | -9.25 Mn |
| Sep 30, 2021 | 266.23 Mn |
API Access
Maximus Free Cash Flow 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=free-cash-flow&ticker=MMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();