Maximus (MMS) Operating Leases (2019 - 2026)

Maximus (MMS) recorded quarterly Operating Leases of $56.6 million in Q1 2026, down 13.22% quarter-over-quarter from $65.3 million in Q4 2025, and down 35.99% on a YoY basis from $88.5 million in Q1 2025.

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

Maximus' Operating Leases history runs 8 years deep, the most recent figure standing at $56.6 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 35.99% year-over-year to $56.6 million; the TTM figure through Mar 2026 stood at $56.6 million (down 35.99% YoY), while the FY2025 annual figure was $71.3 million, down 26.67% from the prior year.
  • Operating Leases was $56.6 million for Q1 2026 at Maximus, down from $65.3 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $129.4 million in Q3 2023 to a low of $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.
  • The sharpest annual moves came in 2023 and 2026: Operating Leases jumped 50.12% in 2023, then sank 35.99% in 2026.
  • A 5-year view of Operating Leases shows it stood at $119.1 million in 2022, then decreased by 0.41% to $118.6 million in 2023, then dropped by 24.33% to $89.7 million in 2024, then decreased by 27.27% to $65.3 million in 2025, then slipped by 13.22% to $56.6 million in 2026.
  • The last three Operating Leases figures came in at $56.6 million (Q1 2026), $65.3 million (Q4 2025), and $71.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn
7 Relx 11.84 Bn 11.60 Bn -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn
10 Maximus 3.40 Bn 3.24 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