Maximus (MMS) Tax Rate (2009 - 2026)
Maximus (MMS) posted quarterly Tax Rate of 22.5% for Q1 2026, down 460.0% year-over-year from 6.25% in Q1 2025, and down 12.11% quarter-over-quarter from 25.6% in Q4 2025.
Maximus (MMS) Tax Rate (2009 - 2026) Analysis & Trends
Maximus (MMS) has reported Tax Rate for 18 consecutive years, with 22.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 460.0% year-over-year to 22.5%; the TTM figure through Mar 2026 stood at 24.78% (down 283.0% YoY), while the FY2025 annual figure was 28.28%, up 378.0% from the prior year.
- Tax Rate retreated to 22.5% in Q1 2026 per MMS's latest filing, from 25.6% in the prior quarter.
- Across five years, Tax Rate topped out at 40.25% in Q4 2024 and bottomed at 15.11% in Q2 2023.
- Historically, Tax Rate has averaged 25.39% across 5 years, with a median of 25.06% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate surged 2061 bps — and 2025, when it slumped 1466 bps.
- Maximus' Tax Rate stood at 25.15% in 2022, then dropped by 1 bps to 24.99% in 2023, then jumped by 61 bps to 40.25% in 2024, then tumbled by 36 bps to 25.6% in 2025, then declined by 12 bps to 22.5% in 2026.
- Business Quant data shows MMS's Tax Rate at 22.5% in Q1 2026, 25.6% in Q4 2025, and 25.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 21.20% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 20.06% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | -4.72% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 22.80% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 24.85% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 33.33% |
| 10 | Maximus | 3.05 Bn | 2.99 Bn | 348.80 Mn | 25.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.02% |
| Jun 30, 2026 | 25.02% |
| Jun 30, 2026 | 25.02% |
| 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% |