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
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 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