Maximus (MMS) Gross Margin (2009 - 2026)
Maximus (MMS) recorded quarterly Gross Margin of 26.21% in Q1 2026, up 10.62% quarter-over-quarter from 23.69% in Q4 2025, and up 133.0% on a YoY basis from 11.25% in Q1 2025.
Maximus (MMS) Gross Margin (2009 - 2026) Analysis & Trends
Maximus' Gross Margin history runs 18 years deep, the most recent figure standing at 26.21% for Q1 2026.
- In Q1 2026, Gross Margin rose 133.0% year-over-year to 26.21%; the TTM figure through Mar 2026 stood at 25.46% (up 184.0% YoY), while the FY2025 annual figure was 24.55%, up 96.0% from the prior year.
- Gross Margin was 26.21% for Q1 2026 at Maximus, up from 23.69% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 26.66% in Q2 2025 to a low of 18.67% in Q2 2022.
- Historically, Gross Margin has averaged 22.81% across 5 years, with a median of 23.09% in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 480 bps in 2022, then surged 461 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 19.59% in 2022, then advanced by 15 bps to 22.61% in 2023, then dropped by 5 bps to 21.5% in 2024, then advanced by 10 bps to 23.69% in 2025, then climbed by 11 bps to 26.21% in 2026.
- The last three Gross Margin figures came in at 26.21% (Q1 2026), 23.69% (Q4 2025), and 25.3% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 50.98% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 87.04% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 70.43% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 50.26% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 57.11% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 8.69% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 9.92% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 88.69% |
| 10 | Maximus | 3.40 Bn | 3.24 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% |