Maximus (MMS) Gross Margin (2016 - 2026)
Quarterly Gross Margin rose 133.0% to 26.21% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 25.46% through Mar 2026, up 184.0% year-over-year, with the annual reading at 24.55% for FY2025, 96.0% up from the prior year.
Maximus' Gross Margin history spans 18 years, with the latest figure at 26.21% for Q1 2026.
- Gross Margin came in at 26.21% for Q1 2026, 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.
- The 5-year median for Gross Margin is 23.09% (2023), against an average of 22.81%.
- Year-over-year, Gross Margin tumbled -480bps in 2022 and then skyrocketed 461bps in 2024.
- Maximus' Gross Margin stood at 19.59% in 2022, then grew by 15bps to 22.61% in 2023, then fell by -5bps to 21.5% in 2024, then grew by 10bps to 23.69% in 2025, then increased by 11bps to 26.21% in 2026.
- Per Business Quant, the three most recent readings for MMS's Gross Margin are 26.21% (Q1 2026), 23.69% (Q4 2025), and 25.3% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 50.98% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 86.59% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 50.26% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 70.43% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 8.69% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 9.92% |
| 10 | Maximus | 3.32 Bn | 3.16 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% |
| Mar 31, 2021 | 24.04% |
| Dec 31, 2020 | 21.79% |
| Sep 30, 2020 | 21.31% |
| Jun 30, 2020 | 20.59% |
| Mar 31, 2020 | 18.71% |
| Dec 31, 2019 | 21.44% |
| Sep 30, 2019 | 22.29% |
| Jun 30, 2019 | 23.85% |
| Mar 31, 2019 | 23.00% |
| Dec 31, 2018 | 23.96% |
| Sep 30, 2018 | 24.88% |
| Jun 30, 2018 | 25.87% |
| Mar 31, 2018 | 24.28% |
| Dec 31, 2017 | 24.39% |
| Sep 30, 2017 | 26.18% |
| Jun 30, 2017 | 25.35% |
| Mar 31, 2017 | 24.49% |
| Dec 31, 2016 | 23.84% |
| Sep 30, 2016 | 24.54% |
| Jun 30, 2016 | 24.53% |