Maximus (MMS) Operating Margin (2009 - 2026)
Maximus' Operating Margin came in at 12.62% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.34 percentage points from 12.29% a year earlier and up 1.25 percentage points from the prior quarter.
Maximus (MMS) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Maximus reported Operating Margin of 11.03%, up 1.50 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 9.73%, up 0.52 percentage points from FY2024.
- Operating Margin carries a five-year change of +1.40 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Operating Margin was 9.21% in FY2024 (+3.20 pp), 6.01% in FY2023 (-1.03 pp), 7.04% in FY2022 (-2.57 pp) and 9.60% in FY2021 (+1.27 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Operating Margin since fiscal Q3 2018.
- Year-over-year, Operating Margin has increased for six consecutive quarters, with an average year-over-year change of +1.00 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q3 2024 (a gain of 5.87 percentage points), and the weakest in fiscal Q3 2022 (a drop of 6.38 percentage points).
- Business Quant data shows MMS's Operating Margin at 11.37% (Q2 2026), 10.87% (Q1 2026) and 9.32% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 16.96% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 23.17% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 18.41% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 7.76% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 18.67% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 4.26% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 18.38% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 22.59% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Maximus | 2.77 Bn | 2.20 Bn | 348.80 Mn | 12.62% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.62% |
| Mar 31, 2026 | 11.37% |
| Dec 31, 2025 | 10.87% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 12.29% |
| Mar 31, 2025 | 11.23% |
| Dec 31, 2024 | 6.19% |
| Sep 30, 2024 | 8.49% |
| Jun 30, 2024 | 10.78% |
| Mar 31, 2024 | 9.46% |
| Dec 31, 2023 | 8.10% |
| Sep 30, 2023 | 7.87% |
| Jun 30, 2023 | 4.91% |
| Mar 31, 2023 | 5.18% |
| Dec 31, 2022 | 5.99% |
| Sep 30, 2022 | 9.73% |
| Jun 30, 2022 | 4.85% |
| Mar 31, 2022 | 6.39% |
| Dec 31, 2021 | 7.08% |
| Sep 30, 2021 | 6.16% |
Maximus Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=MMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();