Maximus (MMS) Tax Rate (2016 - 2026)
Quarterly Tax Rate fell 460.0% to 22.5% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.78% through Mar 2026, down 283.0% year-over-year, with the annual reading at 28.28% for FY2025, 378.0% up from the prior year.
Maximus' Tax Rate history spans 18 years, with the latest figure at 22.5% for Q1 2026.
- Tax Rate came in at 22.5% for Q1 2026, down from 25.6% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 40.25% in Q4 2024 to a low of 15.11% in Q2 2023.
- The 5-year median for Tax Rate is 25.06% (2025), against an average of 25.39%.
- Year-over-year, Tax Rate surged 2061bps in 2022 and then tumbled -1466bps in 2025.
- Maximus' Tax Rate stood at 25.15% in 2022, then dropped by -1bps to 24.99% in 2023, then skyrocketed by 61bps to 40.25% in 2024, then tumbled by -36bps to 25.6% in 2025, then decreased by -12bps to 22.5% in 2026.
- Per Business Quant, the three most recent readings for MMS's Tax Rate are 22.5% (Q1 2026), 25.6% (Q4 2025), and 25.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 20.55 |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 20.65 |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 24.81 |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 5.27 |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 21.71 |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 25.72 |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 30.77 |
| 10 | Maximus | 3.32 Bn | 3.16 Bn | 342.26 Mn | 22.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.50 |
| Mar 31, 2026 | 22.50 |
| Dec 31, 2025 | 25.60 |
| Dec 31, 2025 | 25.60 |
| Sep 30, 2025 | 25.06 |
| Sep 30, 2025 | 25.06 |
| Jun 30, 2025 | 25.87 |
| Jun 30, 2025 | 25.87 |
| Mar 31, 2025 | 27.10 |
| Mar 31, 2025 | 27.10 |
| Dec 31, 2024 | 40.25 |
| Dec 31, 2024 | 40.25 |
| Sep 30, 2024 | 21.76 |
| Sep 30, 2024 | 21.76 |
| Jun 30, 2024 | 25.44 |
| Jun 30, 2024 | 25.44 |
| Mar 31, 2024 | 25.42 |
| Mar 31, 2024 | 25.42 |
| Dec 31, 2023 | 24.99 |
| Dec 31, 2023 | 24.99 |
| Sep 30, 2023 | 24.34 |
| Sep 30, 2023 | 24.34 |
| Jun 30, 2023 | 15.11 |
| Jun 30, 2023 | 15.11 |
| Mar 31, 2023 | 24.89 |
| Mar 31, 2023 | 24.89 |
| Dec 31, 2022 | 25.15 |
| Dec 31, 2022 | 25.15 |
| Sep 30, 2022 | 29.30 |
| Sep 30, 2022 | 29.30 |
| Jun 30, 2022 | 24.07 |
| Jun 30, 2022 | 24.07 |
| Mar 31, 2022 | 24.74 |
| Mar 31, 2022 | 24.74 |
| Dec 31, 2021 | 25.50 |
| Dec 31, 2021 | 25.50 |
| Sep 30, 2021 | 8.68 |
| Sep 30, 2021 | 8.68 |
| Jun 30, 2021 | 26.30 |
| Jun 30, 2021 | 26.30 |
| Mar 31, 2021 | 27.97 |
| Mar 31, 2021 | 27.97 |
| Dec 31, 2020 | 26.00 |
| Dec 31, 2020 | 26.00 |
| Sep 30, 2020 | 24.44 |
| Sep 30, 2020 | 24.44 |
| Jun 30, 2020 | 25.06 |
| Jun 30, 2020 | 25.06 |
| Mar 31, 2020 | 26.11 |
| Mar 31, 2020 | 26.11 |
| Dec 31, 2019 | 26.00 |
| Dec 31, 2019 | 26.00 |
| Sep 30, 2019 | 22.38 |
| Sep 30, 2019 | 22.38 |
| Jun 30, 2019 | 24.80 |
| Jun 30, 2019 | 24.80 |
| Mar 31, 2019 | 23.44 |
| Mar 31, 2019 | 23.44 |
| Dec 31, 2018 | 26.25 |
| Dec 31, 2018 | 26.25 |
| Sep 30, 2018 | 26.72 |
| Sep 30, 2018 | 26.72 |
| Jun 30, 2018 | 28.91 |
| Jun 30, 2018 | 28.91 |
| Mar 31, 2018 | 24.05 |
| Mar 31, 2018 | 24.05 |
| Dec 31, 2017 | 24.87 |
| Dec 31, 2017 | 24.87 |
| Sep 30, 2017 | 29.87 |
| Sep 30, 2017 | 29.87 |
| Jun 30, 2017 | 30.09 |
| Jun 30, 2017 | 30.09 |
| Mar 31, 2017 | 33.64 |
| Mar 31, 2017 | 33.64 |
| Dec 31, 2016 | 36.70 |
| Dec 31, 2016 | 36.70 |
| Sep 30, 2016 | 36.46 |
| Sep 30, 2016 | 36.46 |
| Jun 30, 2016 | 36.93 |
| Jun 30, 2016 | 36.93 |