MASI vs. MMS

Last updated Aug 4, 2026

MASI (Masimo Corporation) and MMS (Maximus, Inc.) are both stocks. MASI operates in Medical Instruments & Supplies (Healthcare), while MMS operates in Specialty Business Services (Industrials). Their 0.34 correlation means their historical movements had little consistent relationship.

Performance

MASI vs. MMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Masimo Corporation (MASI) and Maximus, Inc. (MMS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MASI

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MMS

• 1D: 3.25%
• 1M: 11.59%
• 6M: -33.51%
• YTD: -27.21%
• 1Y: -13.19%
• 3Y*: -6.41%
• 5Y*: -4.83%
• 10Y*: 1.73%
• ALL TIME*: 10.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MMS Maximus, Inc.	$34.23M	$35.21M	$44.06M

MASI vs. MMS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MASI Masimo Corporation	38.36%	-21.32%	41.03%	-20.78%	-49.47%	9.09%	69.80%	47.21%	26.62%	25.82%
MMS Maximus, Inc.	-27.21%	17.47%	-9.70%	16.01%	-6.39%	10.31%	-0.07%	15.90%	-8.53%	28.68%

Correlation

The correlation between MASI and MMS is 0.15, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.15
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.26
Correlation (10Y) Provides a long-term view across more market conditions.	0.28
Correlation (All Time) Calculated using the full available price history since Aug 8, 2007	0.34

The correlation between MASI and MMS shifts across timeframes, from 0.15 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MASI : $9.47B MMS : $3.27B
EPS MASI : $1.41 MMS : $6.70
PE Ratio MASI : 127.36 MMS : 9.29
PS Ratio MASI : 6.24 MMS : 0.65
PB Ratio MASI : 12.00 MMS : 2.01
Total Revenue (TTM) MASI : $1.56B MMS : $5.32B
Gross Profit (TTM) MASI : $962.00M MMS : $1.31B
EBITDA (TTM) MASI : $336.40M MMS : $654.04M

Return for Risk

MASI vs. MMS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MASI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MMS

MMS Risk / Return Rank: 28
MMS Sharpe Ratio Rank: 25
MMS Sortino Ratio Rank: 24
MMS Omega Ratio Rank: 23
MMS Calmar Ratio Rank: 33
MMS Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MASI vs. MMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Masimo Corporation (MASI) and Maximus, Inc. (MMS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MASI	MMS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.40	—
Sortino ratio: Return per unit of downside risk	—	-0.33	—
Omega ratio: Gain probability vs. loss probability	—	0.95	—
Calmar ratio: Return relative to maximum drawdown	—	-0.29	—
Martin ratio: Return relative to average drawdown	—	-0.54	—

Drawdowns

Drawdown Indicators

	MASI	MMS	Difference
Max Drawdown Largest peak-to-trough decline	—	-61.45%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-45.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-45.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.11%	—
Current Drawdown Current decline from peak	—	-36.48%	—
Average Drawdown Average peak-to-trough decline	—	-17.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.51%	—

Volatility

Volatility by Period

	MASI	MMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	33.34%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	28.12%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.61%	—

Dividends

MASI vs. MMS - Dividend Comparison

MASI has not paid dividends to shareholders, while MMS's dividend yield for the trailing twelve months is around 2.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MASI Masimo Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MMS Maximus, Inc.	2.03%	1.39%	1.61%	1.36%	1.53%	1.41%	1.53%	1.38%	0.59%	0.25%	0.32%	0.32%

Financials

MASI vs. MMS - Profitability Comparison

The chart below illustrates the profitability comparison between Masimo Corporation and Maximus, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MASI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Masimo Corporation reported a gross profit of 250.80M and revenue of 403.60M. Therefore, the gross margin over that period was 62.1%.

MMS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Maximus, Inc. reported a gross profit of 362.56M and revenue of 1.31B. Therefore, the gross margin over that period was 27.8%.

MASI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Masimo Corporation reported an operating income of 77.40M and revenue of 403.60M, resulting in an operating margin of 19.2%.

MMS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Maximus, Inc. reported an operating income of 148.49M and revenue of 1.31B, resulting in an operating margin of 11.4%.

MASI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Masimo Corporation reported a net income of 57.10M and revenue of 403.60M, resulting in a net margin of 14.2%.

MMS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Maximus, Inc. reported a net income of 98.06M and revenue of 1.31B, resulting in a net margin of 7.5%.

Frequently Asked Questions

Can I hold both MASI and MMS in my portfolio?

MASI and MMS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.