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| Date | Value |
|---|---|
| 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 |