Maximus (MMS) Operating Leases (2019 - 2026)

Maximus' (MMS) quarterly Operating Leases came in at $56.6 million in Q1 2026, down 35.99% year-on-year from $88.5 million in Q1 2025, and down 13.22% on a QoQ basis from $65.3 million in Q4 2025.

Maximus (MMS) Operating Leases (2019 - 2026) Analysis & Trends

Maximus (MMS) has 8 years of Operating Leases data on file, last reported at $56.6 million in Q1 2026.

  • On a quarterly basis, Operating Leases fell 35.99% year-over-year to $56.6 million in Q1 2026; TTM through Mar 2026 was $56.6 million, a 35.99% decrease from a year earlier, with the FY2025 full-year figure at $71.3 million, down 26.67% from the prior year.
  • Operating Leases for Q1 2026 stood at $56.6 million, down from $65.3 million in the prior quarter.
  • Over the last five years, Operating Leases for MMS reached as high as $129.4 million in Q3 2023 and fell as low as $56.6 million in Q1 2026.
  • Historically, Operating Leases has averaged $97.8 million across 5 years, with a median of $97.2 million in 2024.
  • Across the five-year window, Operating Leases jumped 50.12% in 2023 and slumped 35.99% in 2026, its largest moves.
  • Year by year, Operating Leases stood at $119.1 million in 2022, then slipped by 0.41% to $118.6 million in 2023, then declined by 24.33% to $89.7 million in 2024, then slipped by 27.27% to $65.3 million in 2025, then dropped by 13.22% to $56.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $56.6 million in Q1 2026, $65.3 million in Q4 2025, and $71.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn
2 Rentokil Initial 73.75 Bn 71.25 Bn -
3 Relx 60.28 Bn 60.04 Bn -
4 Thomson Reuters 38.09 Bn 37.23 Bn -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn
10 Maximus 3.05 Bn 2.89 Bn 342.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.64 Mn
Dec 31, 2025 65.27 Mn
Sep 30, 2025 71.29 Mn
Jun 30, 2025 83.39 Mn
Mar 31, 2025 88.49 Mn
Dec 31, 2024 89.74 Mn
Sep 30, 2024 97.22 Mn
Jun 30, 2024 101.91 Mn
Mar 31, 2024 112.78 Mn
Dec 31, 2023 118.59 Mn
Sep 30, 2023 129.37 Mn
Jun 30, 2023 120.77 Mn
Mar 31, 2023 121.96 Mn
Dec 31, 2022 119.08 Mn
Sep 30, 2022 86.18 Mn
Jun 30, 2022 93.04 Mn
Mar 31, 2022 106.67 Mn
Dec 31, 2021 119.65 Mn
Sep 30, 2021 121.77 Mn
Jun 30, 2021 118.34 Mn