Maximus (MMS) Gross Margin (2009 - 2026)
Maximus (MMS) recorded Gross Margin of 27.27% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.61 percentage points from 26.66% a year earlier and up 1.06 percentage points from the prior quarter.
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Analysis
Maximus (MMS) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Maximus' Gross Margin came in at 25.59% as of Jun 30, 2026, up 1.62 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 24.55%, up 0.96 percentage points from FY2024.
- Annual Gross Margin has increased for three straight fiscal years, with a five-year change of +4.01 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 23.59% in FY2024 (+2.62 pp), 20.97% in FY2023 (+0.68 pp), 20.29% in FY2022 (-1.96 pp) and 22.26% in FY2021 (+1.72 pp).
- The fiscal Q3 2026 figure is the highest quarterly Gross Margin since fiscal Q2 2014.
- On a year-over-year basis, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +0.99 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.61 percentage points in fiscal Q2 2024, against a drop of 4.80 percentage points in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 26.21% (Q2 2026), 23.69% (Q1 2026) and 25.30% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 50.95% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 52.84% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 51.10% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | Maximus | 2.73 Bn | 2.15 Bn | 348.80 Mn | 27.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.27% |
| 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% |
API Access
Maximus Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();