Maximus (MMS) Net Margin (2016 - 2026)
Quarterly Net Margin rose 42.0% to 7.51% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 7.02% through Mar 2026, up 146.0% year-over-year, with the annual reading at 5.87% for FY2025, 9.0% up from the prior year.
Maximus' Net Margin history spans 18 years, with the latest figure at 7.51% for Q1 2026.
- Net Margin came in at 7.51% for Q1 2026, up from 6.98% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 7.86% in Q2 2025 to a low of 2.6% in Q2 2023.
- The 5-year median for Net Margin is 5.51% (2024), against an average of 5.13%.
- Year-over-year, Net Margin plummeted -482bps in 2022 and then skyrocketed 423bps in 2024.
- Maximus' Net Margin stood at 3.2% in 2022, then soared by 51bps to 4.83% in 2023, then tumbled by -39bps to 2.94% in 2024, then skyrocketed by 138bps to 6.98% in 2025, then increased by 8bps to 7.51% in 2026.
- Per Business Quant, the three most recent readings for MMS's Net Margin are 7.51% (Q1 2026), 6.98% (Q4 2025), and 5.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | 17.68% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 31.20% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 12.80% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -76.01% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 10.09% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 2.08% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 1.55% |
| 10 | Maximus | 3.32 Bn | 3.16 Bn | 342.26 Mn | 7.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 7.60% |
| Mar 31, 2021 | 8.40% |
| Dec 31, 2020 | 6.78% |
| Sep 30, 2020 | 6.89% |
| Jun 30, 2020 | 7.15% |
| Mar 31, 2020 | 3.38% |
| Dec 31, 2019 | 7.18% |
| Sep 30, 2019 | 7.90% |
| Jun 30, 2019 | 8.55% |
| Mar 31, 2019 | 8.03% |
| Dec 31, 2018 | 7.97% |
| Sep 30, 2018 | 7.69% |
| Jun 30, 2018 | 9.43% |
| Mar 31, 2018 | 8.38% |
| Dec 31, 2017 | 8.57% |
| Sep 30, 2017 | 7.94% |
| Jun 30, 2017 | 8.88% |
| Mar 31, 2017 | 7.94% |
| Dec 31, 2016 | 7.11% |
| Sep 30, 2016 | 7.56% |
| Jun 30, 2016 | 7.96% |