Maximus Return on Equity (ROE) Growth & History (MMS)
Maximus's return on equity was 18.14% for fiscal 2025.
View full Maximus company overviewMaximus annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 18.14% | +0.66 pp |
| 2024 | 2024-09-30 | 17.48% | +7.43 pp |
| 2023 | 2023-09-30 | 10.06% | −3.40 pp |
| 2022 | 2022-09-30 | 13.46% | −7.94 pp |
| 2021 | 2021-09-30 | 21.39% | +4.16 pp |
| 2020 | 2020-09-30 | 17.23% | −3.42 pp |
| 2019 | 2019-09-30 | 20.66% | −1.16 pp |
| 2018 | 2018-09-30 | 21.81% | −2.98 pp |
| 2017 | 2017-09-30 | 24.80% | −1.41 pp |
| 2016 | 2016-09-30 | 26.20% | −0.81 pp |
| 2015 | 2015-09-30 | 27.01% | +0.21 pp |
| 2014 | 2014-09-30 | 26.80% | +2.99 pp |
| 2013 | 2013-09-30 | 23.81% | +5.36 pp |
| 2012 | 2012-09-30 | 18.44% | −4.32 pp |
| 2011 | 2011-09-30 | 22.76% | +0.62 pp |
| 2010 | 2010-09-30 | 22.14% | — |
Maximus quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 6.03% | −0.13 pp |
| Q2 2026 | 2026-03-31 | 5.74% | −0.09 pp |
| Q1 2026 | 2025-12-31 | 5.54% | +3.18 pp |
| Q4 2025 | 2025-09-30 | 4.37% | +0.41 pp |
| Q3 2025 | 2025-06-30 | 6.16% | +1.19 pp |
| Q2 2025 | 2025-03-31 | 5.83% | +1.24 pp |
| Q1 2025 | 2024-12-31 | 2.36% | −1.43 pp |
| Q4 2024 | 2024-09-30 | 3.96% | +0.38 pp |
| Q3 2024 | 2024-06-30 | 4.98% | +3.07 pp |
| Q2 2024 | 2024-03-31 | 4.59% | +2.59 pp |
| Q1 2024 | 2023-12-31 | 3.79% | +1.23 pp |
| Q4 2023 | 2023-09-30 | 3.58% | −0.91 pp |
| Q3 2023 | 2023-06-30 | 1.91% | −0.13 pp |
| Q2 2023 | 2023-03-31 | 2.00% | −1.25 pp |
| Q1 2023 | 2022-12-31 | 2.56% | −0.99 pp |
| Q4 2022 | 2022-09-30 | 4.50% | +0.95 pp |
| Q3 2022 | 2022-06-30 | 2.04% | −4.66 pp |
| Q2 2022 | 2022-03-31 | 3.25% | −2.79 pp |
| Q1 2022 | 2021-12-31 | 3.54% | −1.50 pp |
| Q4 2021 | 2021-09-30 | 3.55% | −1.68 pp |
| Q3 2021 | 2021-06-30 | 6.69% | +1.17 pp |
| Q2 2021 | 2021-03-31 | 6.04% | +3.77 pp |
| Q1 2021 | 2020-12-31 | 5.05% | +0.43 pp |
| Q4 2020 | 2020-09-30 | 5.23% | +0.34 pp |
| Q3 2020 | 2020-06-30 | 5.53% | +0.24 pp |
| Q2 2020 | 2020-03-31 | 2.27% | −3.16 pp |
| Q1 2020 | 2019-12-31 | 4.61% | −0.47 pp |
| Q4 2019 | 2019-09-30 | 4.88% | +0.54 pp |
| Q3 2019 | 2019-06-30 | 5.29% | −0.38 pp |
| Q2 2019 | 2019-03-31 | 5.43% | +0.06 pp |
| Q1 2019 | 2018-12-31 | 5.09% | −1.00 pp |
| Q4 2018 | 2018-09-30 | 4.34% | −1.51 pp |
| Q3 2018 | 2018-06-30 | 5.66% | −1.01 pp |
| Q2 2018 | 2018-03-31 | 5.38% | −1.27 pp |
| Q1 2018 | 2017-12-31 | 6.09% | −0.10 pp |
| Q4 2017 | 2017-09-30 | 5.84% | −1.15 pp |
| Q3 2017 | 2017-06-30 | 6.68% | −1.00 pp |
| Q2 2017 | 2017-03-31 | 6.65% | −1.04 pp |
| Q1 2017 | 2016-12-31 | 6.19% | +1.83 pp |
| Q4 2016 | 2016-09-30 | 6.99% | +1.09 pp |
| Q3 2016 | 2016-06-30 | 7.67% | — |
| Q2 2016 | 2016-03-31 | 7.69% | +0.91 pp |
| Q1 2016 | 2015-12-31 | 4.36% | −3.16 pp |
| Q4 2015 | 2015-09-30 | 5.91% | −0.42 pp |
| Q2 2015 | 2015-03-31 | 6.78% | −0.64 pp |
| Q1 2015 | 2014-12-31 | 7.52% | +1.18 pp |
| Q4 2014 | 2014-09-30 | 6.33% | −0.65 pp |
| Q3 2014 | 2014-06-30 | 5.89% | +0.17 pp |
| Q2 2014 | 2014-03-31 | 7.42% | +0.78 pp |
| Q1 2014 | 2013-12-31 | 6.34% | +1.67 pp |
| Q4 2013 | 2013-09-30 | 6.98% | +1.49 pp |
| Q3 2013 | 2013-06-30 | 5.71% | — |
| Q2 2013 | 2013-03-31 | 6.64% | +3.00 pp |
| Q1 2013 | 2012-12-31 | 4.67% | — |
| Q4 2012 | 2012-09-30 | 5.49% | −1.15 pp |
| Q2 2012 | 2012-03-31 | 3.64% | −1.29 pp |
| Q4 2011 | 2011-09-30 | 6.64% | — |
| Q3 2011 | 2011-06-30 | 5.11% | — |
| Q2 2011 | 2011-03-31 | 4.93% | — |
| Q1 2011 | 2010-12-31 | 5.02% | — |
Maximus return on equity trends
Over the last five fiscal years, Maximus's return on equity increased from 17.23% to 18.14%, a change of +0.91 percentage points. The latest reported quarter, Q3 2026, shows 6.03%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Maximus source filings ↗