Maximus (MMS) Gross Margin (2009 - 2026)
Maximus' (MMS) quarterly Gross Margin came in at 26.21% in Q1 2026, up 133.0% year-on-year from 11.25% in Q1 2025, and up 10.62% on a QoQ basis from 23.69% in Q4 2025.
Maximus (MMS) Gross Margin (2009 - 2026) Analysis & Trends
Maximus (MMS) has 18 years of Gross Margin data on file, last reported at 26.21% in Q1 2026.
- On a quarterly basis, Gross Margin rose 133.0% year-over-year to 26.21% in Q1 2026; TTM through Mar 2026 was 25.46%, a 184.0% increase from a year earlier, with the FY2025 full-year figure at 24.55%, up 96.0% from the prior year.
- Gross Margin for Q1 2026 stood at 26.21%, up from 23.69% in the prior quarter.
- Over the last five years, Gross Margin for MMS reached as high as 26.66% in Q2 2025 and fell as low as 18.67% in Q2 2022.
- Historically, Gross Margin has averaged 22.81% across 5 years, with a median of 23.09% in 2023.
- Across the five-year window, Gross Margin sank 480 bps in 2022 and surged 461 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 19.59% in 2022, then climbed by 15 bps to 22.61% in 2023, then declined by 5 bps to 21.5% in 2024, then climbed by 10 bps to 23.69% in 2025, then grew by 11 bps to 26.21% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 26.21% in Q1 2026, 23.69% in Q4 2025, and 25.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 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 | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | Maximus | 3.05 Bn | 2.89 Bn | 342.26 Mn | 26.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.21% |
| Dec 31, 2025 | 23.69% |
| Sep 30, 2025 | 25.30% |
| Jun 30, 2025 | 26.66% |
| Mar 31, 2025 | 24.88% |
| Dec 31, 2024 | 21.50% |
| Sep 30, 2024 | 22.93% |
| Jun 30, 2024 | 25.27% |
| Mar 31, 2024 | 23.55% |
| Dec 31, 2023 | 22.61% |
| Sep 30, 2023 | 23.09% |
| Jun 30, 2023 | 22.24% |
| Mar 31, 2023 | 18.94% |
| Dec 31, 2022 | 19.59% |
| Sep 30, 2022 | 23.19% |
| Jun 30, 2022 | 18.67% |
| Mar 31, 2022 | 19.40% |
| Dec 31, 2021 | 19.82% |
| Sep 30, 2021 | 19.75% |
| Jun 30, 2021 | 23.47% |