Maximus, Inc.
MMS Industrials Specialty Business Services
Maximus, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $5.4 billion, up 2.36% from fiscal 2024.
- Revenue
- −5.15%
- EPS
- +4.81%
- Free cash flow
- +30.9%
- Total debt
- −1.23%
Quarter to June 2026, against a year earlier
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Maximus, Inc. (MMS) Gross margin
Maximus, Inc.'s gross margin over the twelve months to 30 June 2026 was 25.6%, up 1.0 percentage points from fiscal 2025 (24.6%). Over the past ten years it has ranged from 20.3% (fiscal 2022) to 25.0% (fiscal 2017); the current reading is higher than 82% of that period. That is below the Specialty Business Services industry median of 32.8% and below the Industrials sector median of 30.7%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 24.6% | 0.96 |
| FY2024 | 23.6% | 2.62 |
| FY2023 | 21.0% | 0.68 |
| FY2022 | 20.3% | (1.97) |
| FY2021 | 22.3% | 1.72 |
| FY2020 | 20.5% | (2.71) |
| FY2019 | 23.3% | (1.60) |
| FY2018 | 24.9% | (0.12) |
| FY2017 | 25.0% | 1.58 |
| FY2016 | 23.4% | (1.03) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 27.3% | 1.06 |
| Mar 2026 | 26.2% | 2.52 |
| Dec 2025 | 23.7% | (1.61) |
| Sep 2025 | 25.3% | (1.36) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| DLB Dolby Laboratories compare | 87.6% |
| FA First Advantage Corporation compare | 45.2% |
| UNF Unifirst Corporation compare | 36.6% |
| TIC Acuren Corporation compare | 33.9% |
| MMS Maximus, Inc. | 25.6% |
| AZZ AZZ Inc. compare | 24.3% |
| CBZ CBIZ, Inc. compare | 13.0% |
| ABM ABM Industries Incorporated compare | 12.0% |
| AMTM Amentum Holdings, Inc. compare | 10.3% |
| Specialty Business Services industry median | 32.8% |
| Industrials sector median | 30.7% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement