Maximus (FRA:MMY) FCF Margin %: 13.71% (As of Mar. 2026) — 92% Above Median


FRA:MMY Maximus Inc FRA:MMY
75 GF Score
Price €48.80
GF Value €77.66
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Maximus FCF Margin %?

Maximus FRA:MMY +4.72% 75 FCF Margin % is 13.71% as of Mar. 2026, which is 92% above its 10-year median of 7.15. GuruFocus rates FRA:MMY with a GF Score™ of 75/100 and a GF Value™ of €77.66 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,070 Business Services companies, Maximus ranks better than 63.27% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Maximus's Free Cash Flow for the three months ended in Mar. 2026 was €155 Mil. Maximus's Revenue for the three months ended in Mar. 2026 was €1,130 Mil. Therefore, Maximus's FCF Margin % for the quarter that ended in Mar. 2026 was 13.71%.

As of today, Maximus's current FCF Yield % is 12.42%.

The historical rank and industry rank for Maximus's FCF Margin % or its related term are showing as below:

FRA:MMY' s FCF Margin % Range Over the Past 10 Years
Min: 4.56   Med: 7.15   Max: 12.74
Current: 6.91


During the past 13 years, the highest FCF Margin % of Maximus was 12.74%. The lowest was 4.56%. And the median was 7.15%.

FRA:MMY's FCF Margin % is ranked better than
63.27% of 1070 companies
in the Business Services industry
Industry Median: 3.495 vs FRA:MMY: 6.91


Maximus FCF Margin % Related Terms


Maximus FCF Margin % Historical Data

* Premium members only.

The historical data trend for Maximus's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maximus FCF Margin % Chart

Maximus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.30 5.05 4.56 7.56 6.74

Maximus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 -14.70 48.68 -18.64 13.71

FRA:MMY vs FA, AZZ, CMPR: FCF Margin % Comparison

For the Specialty Business Services subindustry, Maximus's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maximus FCF Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Maximus's FCF Margin % falls into.


FRA:MMY
75GF Score
Maximus Inc FRA:MMY
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maximus FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Maximus's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=311.968/4627.447
=6.74 %

Maximus's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=154.85/1129.661
=13.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 13.71% mean?
Maximus (FRA:MMY) has a FCF Margin % of 13.71% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Maximus and its competitors. This is 92% above median its historical median of 7.15. Over the past decade, Maximus' FCF Margin % has ranged from 4.56 to 12.74. According to the industry distribution chart, Maximus ranks #393 out of 1070 companies in the Business Services industry, placing it in the top 36.7%.
Is Maximus' FCF Margin % too high?
Maximus' current FCF Margin % of 13.71% is 92% above median its 10-year median of 7.15. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 12.74. The Business Services industry median FCF Margin % is 3.50. Maximus' value of 13.71% is 292.3% above this industry median. Based on the distribution chart, Maximus ranks #393 out of 1070 companies in the Business Services industry, which is above the industry midpoint. Overall, Maximus has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maximus' FCF Margin % compare to FA and AZZ?
According to the Business Services industry distribution chart, Maximus ranks #393 out of 1070 companies for FCF Margin %. This puts Maximus in the upper half of its industry. The industry median FCF Margin % is 3.50. Maximus' value of 13.71% is 292.3% above this benchmark. Historically, Maximus' own FCF Margin % has ranged from 4.56 to 12.74 over the past decade. While the company's 10-year median is 7.15 vs. the industry median of 3.50, Maximus has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Business Services company?
The median FCF Margin % among Business Services companies is 3.50, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maximus's current FCF Margin % of 13.71% is 292.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Maximus and its competitors. For the Business Services industry, the median FCF Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current FCF Margin % is 13.71%, which is 92% above median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Based on GuruFocus' analysis, Maximus (FRA:MMY) is currently considered Significantly Undervalued. The stock's GF Value™ is €77.66, compared to a current price of €48.80 — trading 37.2% below its estimated fair value. The current FCF Margin % is 13.71%, which is 92% above median its 10-year median of 7.15 and 292.3% above the Business Services industry median of 3.50. Maximus' overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Maximus (FRA:MMY), the current FCF Margin % is 13.71% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maximus (FRA:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of €48.80 is trading 37.2% below its estimated GF Value™ of €77.66. GuruFocus considers Maximus to be Significantly Undervalued.

Key valuation signals for FRA:MMY:

  • FCF Margin %: 13.71% (92% above median its 10-year median of 7.15)
  • GF Value™: €77.66 vs. price of €48.80 (37.2% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 292.3% above the Business Services median (#393 of 1070)

No single metric tells the full story. See the FRA:MMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maximus Business Description

Other Exchanges MMS:USA
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
75GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€48.80
Price
€77.66
GF Value