Maximus (MMS) Invested Capital (2010 - 2026)
Maximus (MMS) reported Invested Capital of $3.38 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.5% from $3.43 billion a year earlier but up 4.5% from the prior quarter.
Maximus (MMS) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Maximus posted Invested Capital of $3.01 billion, up 1.1% from FY2024.
- Invested Capital has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- By fiscal year, Invested Capital came in at $2.97 billion in FY2024 (+2.0%), $2.92 billion in FY2023 (+0.4%), $2.91 billion in FY2022 (-2.8%) and $2.99 billion in FY2021 (+135.3%).
- Five-year quarterly Invested Capital spans a low of $2.89 billion in fiscal Q2 2023 and a high of $3.43 billion in fiscal Q3 2025.
- Year over year, Invested Capital gained in seven of the last eight quarters, with growth averaging 4.2%.
- The high point for year-over-year Invested Capital in five years was fiscal Q4 2021 (growth of 135.3%); the low point was fiscal Q3 2022 (a decline of 4.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $3.23 billion (Q2 2026), $3.29 billion (Q1 2026) and $3.01 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 172.92 Bn | 132.01 Bn | 5.98 Bn | 42.84 Bn |
| 2 | Cintas | 90.00 Bn | 89.09 Bn | 1.55 Bn | 7.63 Bn |
| 3 | Iron Mountain | 32.99 Bn | 32.50 Bn | 1.06 Bn | 16.58 Bn |
| 4 | Rollins | 18.37 Bn | 17.91 Bn | 582.90 Mn | 2.12 Bn |
| 5 | APi | 18.18 Bn | 15.39 Bn | 770.00 Mn | 7.06 Bn |
| 6 | UL Solutions | 16.47 Bn | 14.51 Bn | 423.00 Mn | 2.50 Bn |
| 7 | Aramark | 14.29 Bn | 12.30 Bn | 430.34 Mn | 9.52 Bn |
| 8 | Rentokil Initial | 11.99 Bn | 5.51 Bn | - | - |
| 9 | Gartner | 11.92 Bn | 5.41 Bn | 1.07 Bn | 2.95 Bn |
| 10 | Maximus | 3.46 Bn | 2.89 Bn | 348.80 Mn | 3.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.38 Bn |
| Mar 31, 2026 | 3.23 Bn |
| Dec 31, 2025 | 3.29 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Jun 30, 2025 | 3.43 Bn |
| Mar 31, 2025 | 3.16 Bn |
| Dec 31, 2024 | 3.04 Bn |
| Sep 30, 2024 | 2.97 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Mar 31, 2024 | 3.00 Bn |
| Dec 31, 2023 | 3.03 Bn |
| Sep 30, 2023 | 2.92 Bn |
| Jun 30, 2023 | 2.94 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Dec 31, 2022 | 3.15 Bn |
| Sep 30, 2022 | 2.91 Bn |
| Jun 30, 2022 | 3.00 Bn |
| Mar 31, 2022 | 3.00 Bn |
| Dec 31, 2021 | 3.12 Bn |
| Sep 30, 2021 | 2.99 Bn |
Maximus Invested Capital 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=invested-capital&ticker=MMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();