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MAXIMUS, INC.（MMS）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是Rackspace Technology, Inc.的2.0倍（$1.3B vs $682.8M），MAXIMUS, INC.净利率更高（7.0% vs -4.8%，领先11.8%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -4.1%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $-250.7M），过去两年MAXIMUS, INC.的营收复合增速更高（-0.1% vs -0.6%）
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
MMS vs RXT — 直观对比
营收规模更大
MMS
是对方的2.0倍
$682.8M
营收增速更快
RXT
高出3.7%
-4.1%
净利率更高
MMS
高出11.8%
-4.8%
自由现金流更多
RXT
多$306.7M
$-250.7M
两年增速更快
MMS
近两年复合增速
-0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $682.8M |
| 净利润 | $93.9M | $-32.7M |
| 毛利率 | 23.7% | 17.6% |
| 营业利润率 | 10.9% | -0.5% |
| 净利率 | 7.0% | -4.8% |
| 营收同比 | -4.1% | -0.4% |
| 净利润同比 | 128.0% | 41.6% |
| 每股收益（稀释后） | $1.70 | $-0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MMSRXT
| Q4 25 | $1.3B | $682.8M | ||
| Q3 25 | $1.3B | $671.2M | ||
| Q2 25 | $1.3B | $666.3M | ||
| Q1 25 | $1.4B | $665.4M | ||
| Q4 24 | $1.4B | $685.6M | ||
| Q3 24 | $1.3B | $675.8M | ||
| Q2 24 | $1.3B | $684.9M | ||
| Q1 24 | $1.3B | $690.8M |
净利润MMSRXT
| Q4 25 | $93.9M | $-32.7M | ||
| Q3 25 | $75.3M | $-67.1M | ||
| Q2 25 | $106.0M | $-54.5M | ||
| Q1 25 | $96.6M | $-71.5M | ||
| Q4 24 | $41.2M | $-56.0M | ||
| Q3 24 | $72.5M | $-186.6M | ||
| Q2 24 | $89.8M | $25.0M | ||
| Q1 24 | $80.5M | $-640.6M |
毛利率MMSRXT
| Q4 25 | 23.7% | 17.6% | ||
| Q3 25 | 25.3% | 19.4% | ||
| Q2 25 | 26.7% | 19.4% | ||
| Q1 25 | 24.9% | 19.1% | ||
| Q4 24 | 21.5% | 19.2% | ||
| Q3 24 | 22.9% | 20.3% | ||
| Q2 24 | 25.3% | 19.2% | ||
| Q1 24 | 23.6% | 19.2% |
营业利润率MMSRXT
| Q4 25 | 10.9% | -0.5% | ||
| Q3 25 | 9.3% | -5.1% | ||
| Q2 25 | 12.3% | -3.8% | ||
| Q1 25 | 11.2% | -5.8% | ||
| Q4 24 | 6.2% | -4.2% | ||
| Q3 24 | 8.5% | -25.7% | ||
| Q2 24 | 10.8% | -7.9% | ||
| Q1 24 | 9.5% | -94.5% |
净利率MMSRXT
| Q4 25 | 7.0% | -4.8% | ||
| Q3 25 | 5.7% | -10.0% | ||
| Q2 25 | 7.9% | -8.2% | ||
| Q1 25 | 7.1% | -10.7% | ||
| Q4 24 | 2.9% | -8.2% | ||
| Q3 24 | 5.5% | -27.6% | ||
| Q2 24 | 6.8% | 3.7% | ||
| Q1 24 | 6.0% | -92.7% |
每股收益（稀释后）MMSRXT
| Q4 25 | $1.70 | $-0.13 | ||
| Q3 25 | $1.27 | $-0.28 | ||
| Q2 25 | $1.86 | $-0.23 | ||
| Q1 25 | $1.69 | $-0.31 | ||
| Q4 24 | $0.69 | $-0.20 | ||
| Q3 24 | $1.18 | $-0.82 | ||
| Q2 24 | $1.46 | $0.11 | ||
| Q1 24 | $1.31 | $-2.91 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $137.6M | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $1.7B | $-1.2B |
| 总资产 | $4.2B | $2.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MMSRXT
| Q4 25 | $137.6M | $105.8M | ||
| Q3 25 | $222.4M | $99.5M | ||
| Q2 25 | $59.8M | $103.9M | ||
| Q1 25 | $108.1M | $128.0M | ||
| Q4 24 | $72.7M | $144.0M | ||
| Q3 24 | $183.1M | $157.1M | ||
| Q2 24 | $102.8M | $190.2M | ||
| Q1 24 | $77.4M | $282.6M |
总债务MMSRXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益MMSRXT
| Q4 25 | $1.7B | $-1.2B | ||
| Q3 25 | $1.7B | $-1.2B | ||
| Q2 25 | $1.8B | $-1.1B | ||
| Q1 25 | $1.7B | $-1.1B | ||
| Q4 24 | $1.6B | $-1.0B | ||
| Q3 24 | $1.8B | $-949.7M | ||
| Q2 24 | $1.8B | $-756.2M | ||
| Q1 24 | $1.8B | $-787.2M |
总资产MMSRXT
| Q4 25 | $4.2B | $2.8B | ||
| Q3 25 | $4.1B | $2.8B | ||
| Q2 25 | $4.5B | $2.9B | ||
| Q1 25 | $4.2B | $3.0B | ||
| Q4 24 | $4.1B | $3.1B | ||
| Q3 24 | $4.1B | $3.1B | ||
| Q2 24 | $4.0B | $3.4B | ||
| Q1 24 | $4.0B | $3.5B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-244.4M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $-250.7M | $56.0M |
| 自由现金流率自由现金流/营收 | -18.6% | 8.2% |
| 资本支出强度资本支出/营收 | 0.5% | 0.5% |
| 现金转化率经营现金流/净利润 | -2.60× | — |
| 过去12个月自由现金流最近4个季度 | $218.5M | $90.6M |
8季度趋势，按日历期对齐
经营现金流MMSRXT
| Q4 25 | $-244.4M | $59.7M | ||
| Q3 25 | $649.4M | $70.7M | ||
| Q2 25 | $-182.7M | $8.4M | ||
| Q1 25 | $42.7M | $12.6M | ||
| Q4 24 | $-80.0M | $54.3M | ||
| Q3 24 | $163.8M | $51.8M | ||
| Q2 24 | $199.3M | $24.1M | ||
| Q1 24 | $130.5M | $-90.3M |
自由现金流MMSRXT
| Q4 25 | $-250.7M | $56.0M | ||
| Q3 25 | $641.8M | $42.7M | ||
| Q2 25 | $-198.2M | $-12.4M | ||
| Q1 25 | $25.5M | $4.3M | ||
| Q4 24 | $-103.0M | $34.4M | ||
| Q3 24 | $131.9M | $27.3M | ||
| Q2 24 | $164.6M | $-14.5M | ||
| Q1 24 | $105.2M | $-118.4M |
自由现金流率MMSRXT
| Q4 25 | -18.6% | 8.2% | ||
| Q3 25 | 48.7% | 6.4% | ||
| Q2 25 | -14.7% | -1.9% | ||
| Q1 25 | 1.9% | 0.6% | ||
| Q4 24 | -7.3% | 5.0% | ||
| Q3 24 | 10.0% | 4.0% | ||
| Q2 24 | 12.5% | -2.1% | ||
| Q1 24 | 7.8% | -17.1% |
资本支出强度MMSRXT
| Q4 25 | 0.5% | 0.5% | ||
| Q3 25 | 0.6% | 4.2% | ||
| Q2 25 | 1.1% | 3.1% | ||
| Q1 25 | 1.3% | 1.2% | ||
| Q4 24 | 1.6% | 2.9% | ||
| Q3 24 | 2.4% | 3.6% | ||
| Q2 24 | 2.6% | 5.6% | ||
| Q1 24 | 1.9% | 4.1% |
现金转化率MMSRXT
| Q4 25 | -2.60× | — | ||
| Q3 25 | 8.63× | — | ||
| Q2 25 | -1.72× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | -1.94× | — | ||
| Q3 24 | 2.26× | — | ||
| Q2 24 | 2.22× | 0.96× | ||
| Q1 24 | 1.62× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
