Maximus (MMS) Net Margin (2009 - 2026)
Maximus (MMS) posted quarterly Net Margin of 7.51% for Q1 2026, up 42.0% year-over-year from 5.29% in Q1 2025, and up 7.51% quarter-over-quarter from 6.98% in Q4 2025.
Maximus (MMS) Net Margin (2009 - 2026) Analysis & Trends
Maximus (MMS) has reported Net Margin for 18 consecutive years, with 7.51% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 42.0% year-over-year to 7.51%; the TTM figure through Mar 2026 stood at 7.02% (up 146.0% YoY), while the FY2025 annual figure was 5.87%, up 9.0% from the prior year.
- Net Margin rose to 7.51% in Q1 2026 per MMS's latest filing, from 6.98% in the prior quarter.
- Across five years, Net Margin topped out at 7.86% in Q2 2025 and bottomed at 2.6% in Q2 2023.
- Historically, Net Margin has averaged 5.13% across 5 years, with a median of 5.51% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin plunged 482 bps — and 2024, when it jumped 423 bps.
- Maximus' Net Margin stood at 3.2% in 2022, then soared by 51 bps to 4.83% in 2023, then slumped by 39 bps to 2.94% in 2024, then jumped by 138 bps to 6.98% in 2025, then increased by 8 bps to 7.51% in 2026.
- Business Quant data shows MMS's Net Margin at 7.51% in Q1 2026, 6.98% in Q4 2025, and 5.71% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 17.59% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 32.45% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 0.22% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 10.02% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 1.93% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 31.13% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 9.57% |
| 10 | Maximus | 3.05 Bn | 2.99 Bn | 348.80 Mn | 8.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.10% |
| Mar 31, 2026 | 7.51% |
| Dec 31, 2025 | 6.98% |
| Sep 30, 2025 | 5.71% |
| Jun 30, 2025 | 7.86% |
| Mar 31, 2025 | 7.09% |
| Dec 31, 2024 | 2.94% |
| Sep 30, 2024 | 5.51% |
| Jun 30, 2024 | 6.83% |
| Mar 31, 2024 | 5.97% |
| Dec 31, 2023 | 4.83% |
| Sep 30, 2023 | 4.69% |
| Jun 30, 2023 | 2.60% |
| Mar 31, 2023 | 2.63% |
| Dec 31, 2022 | 3.20% |
| Sep 30, 2022 | 5.87% |
| Jun 30, 2022 | 2.78% |
| Mar 31, 2022 | 4.26% |
| Dec 31, 2021 | 4.63% |
| Sep 30, 2021 | 4.70% |