Maximus (MMS) Operating Leases (2019 - 2026)
Maximus (MMS) posted quarterly Operating Leases of $56.6 million for Q1 2026, down 35.99% year-over-year from $88.5 million in Q1 2025, and down 13.22% quarter-over-quarter from $65.3 million in Q4 2025.
Maximus (MMS) Operating Leases (2019 - 2026) Analysis & Trends
Maximus (MMS) has reported Operating Leases for 8 consecutive years, with $56.6 million the latest figure, recorded in 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 slipped to $56.6 million in Q1 2026 per MMS's latest filing, from $65.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $129.4 million in Q3 2023 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Operating Leases soared 50.12% — and 2026, when it plunged 35.99%.
- Maximus' Operating Leases stood at $119.1 million in 2022, then retreated by 0.41% to $118.6 million in 2023, then slipped by 24.33% to $89.7 million in 2024, then retreated by 27.27% to $65.3 million in 2025, then decreased by 13.22% to $56.6 million in 2026.
- Business Quant data shows MMS's Operating Leases at $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 | 81.69 Bn | 81.40 Bn | 1.48 Bn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn |
| 10 | Maximus | 3.05 Bn | 2.99 Bn | 348.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.60 Mn |
| 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 |