Maximus (MMS) Free Cash Flow (2009 - 2026)
Maximus' (MMS) quarterly Free Cash Flow came in at $179.0 million in Q1 2026, up 601.81% year-on-year from $25.5 million in Q1 2025, and up 171.42% on a QoQ basis from -$250.7 million in Q4 2025.
Maximus (MMS) Free Cash Flow (2009 - 2026) Analysis & Trends
Maximus (MMS) has 18 years of Free Cash Flow data on file, last reported at $179.0 million in Q1 2026.
- On a quarterly basis, Free Cash Flow rose 601.81% year-over-year to $179.0 million in Q1 2026; TTM through Mar 2026 was $372.0 million, a 69.83% increase from a year earlier, with the FY2025 full-year figure at $366.2 million, down 8.7% from the prior year.
- Free Cash Flow for Q1 2026 stood at $179.0 million, up from -$250.7 million in the prior quarter.
- Over the last five years, Free Cash Flow for MMS reached as high as $641.8 million in Q3 2025 and fell as low as -$250.7 million in Q4 2025.
- Historically, Free Cash Flow has averaged $77.0 million across 5 years, with a median of $98.2 million in 2022.
- Across the five-year window, Free Cash Flow sank 16017.06% in 2024 and soared 601.81% in 2026, its largest moves.
- Year by year, Free Cash Flow stood at -$150.4 million in 2022, then surged by 99.58% to -$639000.0 in 2023, then sank by 16017.06% to -$103.0 million in 2024, then slumped by 143.39% to -$250.7 million in 2025, then jumped by 171.42% to $179.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $179.0 million in Q1 2026, -$250.7 million in Q4 2025, and $641.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 530.57 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | 661.00 Mn |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 503.31 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -550.16 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 172.60 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 178.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 298.98 Mn |
| 10 | Maximus | 3.05 Bn | 2.89 Bn | 342.26 Mn | 179.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 641.85 Mn |
| Sep 30, 2025 | 641.85 Mn |
| Jun 30, 2025 | -198.21 Mn |
| Jun 30, 2025 | -198.21 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 | 164.64 Mn |
| Jun 30, 2024 | 164.64 Mn |
| Mar 31, 2024 | 105.19 Mn |
| Mar 31, 2024 | 105.19 Mn |
| Dec 31, 2023 | -639,000.00 |
| Dec 31, 2023 | -639,000.00 |