Maximus (MMS) Return on Capital Employed [ROCE] (2010 - 2026)
Maximus' Return on Capital Employed [ROCE] was 15.97% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 1.70 percentage points from 14.27% a year earlier but down 0.49 percentage points from the prior quarter.
Maximus (MMS) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Return on Capital Employed [ROCE] at Maximus came in at 15.84%, up 0.81 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -5.93 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Capital Employed [ROCE] was 15.03% in FY2024 (+6.00 pp), 9.03% in FY2023 (-0.91 pp), 9.93% in FY2022 (-7.97 pp) and 17.90% in FY2021 (-3.87 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 8.34% (fiscal Q3 2022) and 16.64% (fiscal Q1 2026) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for 11 straight quarters, with an average year-over-year change of +2.39 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was fiscal Q4 2024 (a gain of 5.90 percentage points); the worst was fiscal Q2 2022 (a drop of 11.69 percentage points).
- Per Business Quant data, MMS's Return on Capital Employed [ROCE] in the three fiscal quarters before Q3 2026 was 16.47% (Q2 2026), 16.64% (Q1 2026) and 15.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 141.87 Bn | 102.28 Bn | 6.13 Bn | 22.86% |
| 2 | Cintas | 78.27 Bn | 77.46 Bn | 1.48 Bn | 33.88% |
| 3 | Iron Mountain | 33.11 Bn | 32.63 Bn | 1.07 Bn | 7.54% |
| 4 | APi | 17.29 Bn | 14.33 Bn | 703.00 Mn | 8.75% |
| 5 | Rollins | 14.72 Bn | 14.27 Bn | 569.95 Mn | 31.56% |
| 6 | Aramark | 14.39 Bn | 12.40 Bn | 430.34 Mn | 7.98% |
| 7 | UL Solutions | 13.43 Bn | 12.22 Bn | 417.00 Mn | 25.89% |
| 8 | Gartner | 12.17 Bn | 5.86 Bn | 1.19 Bn | 29.65% |
| 9 | Rentokil Initial | 10.01 Bn | 3.35 Bn | - | - |
| 10 | Maximus | 2.80 Bn | 2.23 Bn | 348.80 Mn | 15.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.97% |
| Mar 31, 2026 | 16.47% |
| Dec 31, 2025 | 16.64% |
| Sep 30, 2025 | 15.09% |
| Jun 30, 2025 | 14.27% |
| Mar 31, 2025 | 14.47% |
| Dec 31, 2024 | 13.69% |
| Sep 30, 2024 | 14.99% |
| Jun 30, 2024 | 14.25% |
| Mar 31, 2024 | 11.89% |
| Dec 31, 2023 | 9.80% |
| Sep 30, 2023 | 9.09% |
| Jun 30, 2023 | 9.58% |
| Mar 31, 2023 | 9.05% |
| Dec 31, 2022 | 9.48% |
| Sep 30, 2022 | 10.02% |
| Jun 30, 2022 | 8.34% |
| Mar 31, 2022 | 10.75% |
| Dec 31, 2021 | 11.70% |
| Sep 30, 2021 | 11.82% |
Maximus Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();