Maximus (MMS) Tax Rate (2009 - 2026)
Maximus' (MMS) quarterly Tax Rate came in at 22.5% in Q1 2026, down 460.0% year-on-year from 6.25% in Q1 2025, and down 12.11% on a QoQ basis from 25.6% in Q4 2025.
Maximus (MMS) Tax Rate (2009 - 2026) Analysis & Trends
Maximus (MMS) has 18 years of Tax Rate data on file, last reported at 22.5% in Q1 2026.
- On a quarterly basis, Tax Rate fell 460.0% year-over-year to 22.5% in Q1 2026; TTM through Mar 2026 was 24.78%, a 283.0% decrease from a year earlier, with the FY2025 full-year figure at 28.28%, up 378.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.5%, down from 25.6% in the prior quarter.
- Over the last five years, Tax Rate for MMS reached as high as 40.25% in Q4 2024 and fell as low as 15.11% in Q2 2023.
- Historically, Tax Rate has averaged 25.39% across 5 years, with a median of 25.06% in 2025.
- Across the five-year window, Tax Rate soared 2061 bps in 2022 and plunged 1466 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 25.15% in 2022, then fell by 1 bps to 24.99% in 2023, then soared by 61 bps to 40.25% in 2024, then tumbled by 36 bps to 25.6% in 2025, then retreated by 12 bps to 22.5% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.5% in Q1 2026, 25.6% in Q4 2025, and 25.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 20.55% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | -19.56% |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 20.06% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 5.27% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 21.71% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 24.81% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 25.72% |
| 10 | Maximus | 3.05 Bn | 2.89 Bn | 342.26 Mn | 22.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.50% |
| Mar 31, 2026 | 22.50% |
| Mar 31, 2026 | 22.50% |
| Dec 31, 2025 | 25.60% |
| Dec 31, 2025 | 25.60% |
| Dec 31, 2025 | 25.60% |
| Sep 30, 2025 | 25.06% |
| Sep 30, 2025 | 25.06% |
| Sep 30, 2025 | 25.06% |
| Jun 30, 2025 | 25.87% |
| Jun 30, 2025 | 25.87% |
| Jun 30, 2025 | 25.87% |
| Mar 31, 2025 | 27.10% |
| Mar 31, 2025 | 27.10% |
| Mar 31, 2025 | 27.10% |
| Dec 31, 2024 | 40.25% |
| Dec 31, 2024 | 40.25% |
| Dec 31, 2024 | 40.25% |
| Sep 30, 2024 | 21.76% |
| Sep 30, 2024 | 21.76% |