Maximus Inc

Maximus Inc

MMS · NYSE · Industrials / Specialty Business Services

64.71USD-0.16 (-0.25%)

Price History

Full chart

Market Stats

Previous Close64.87
Open64.77
Day Range64.35 – 66.10
52-Week Range51.04 – 98.42
Volume449.10K
Market Cap2.73B
P/E (TTM)7.71
Forward P/E19.08
EPS6.76
Dividend Yield2.51%
Beta0.58
50-Day Avg57.68
200-Day Avg68.43

About

Maximus, Inc. operates as a provider of government services worldwide. The company operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Federal Services segment offers business process services, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, such as application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, data management, and infrastructure and engineering solutions. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; subsidized telephone services; and person-centered independent assessment services. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; and system implementation project management services. The Outside the U.S. segment offers BPS and technology solutions for international governments, including health and disability assessments, program administration for employment services, wellbeing solutions and other job seeker-related services, digitally-enabled customer services, and technologies for modernization. Maximus, Inc. was founded in 1975 and is headquartered in McLean, Virginia.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Bruce L. Caswell
  • Employees37.20K
  • Headquarters1600 Tysons Boulevard, McLean, VA, United States, 22102, USA
  • Websitehttps://www.maximus.com

Leadership

  • Mr. Bruce L. CaswellPresident, CEO & Director · b. 1967
  • Mr. David W. Mutryn CPACFO & Treasurer · b. 1983
  • Ms. Michelle F. LinkChief Human Resources Officer · b. 1975
  • Ms. Ilene R. BaylinsonGeneral Manager of Health Services U.S. · b. 1958
  • Ms. Theresa D. GolinvauxPrincipal Accounting Officer, Senior VP & Corporate Controller · b. 1975
  • Mr. Mike RakerChief Technology Officer
  • Mr. Derrick PledgerChief Digital & Information Officer (CDIO)
  • Ms. Elizabeth MoelleringGeneral Counsel & Corporate Secretary
  • Mr. Jericho SeguinChief Corporate Development Officer
  • Mr. Jason ToneSenior VP of Technology & Consulting Services of Healthcare

Financials

Income Statement

Currency: USD1996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue103.10M127.90M233.50M319.50M399.16M487.26M518.70M558.28M603.77M647.54M700.89M738.65M745.13M717.30M831.75M929.63M1.05B1.33B1.70B2.10B2.40B2.45B2.39B2.89B3.46B4.25B4.63B4.90B5.31B5.43B
Growth (%)-+24.05%+82.56%+36.83%+24.93%+22.07%+6.45%+7.63%+8.15%+7.25%+8.24%+5.39%+0.88%-3.74%+15.96%+11.77%+12.96%+26.77%+27.77%+23.45%+14.46%+1.98%-2.40%+20.67%+19.91%+22.91%+8.85%+5.91%+8.19%+2.36%
Cost of Revenue78.10M93.80M170.50M222.50M269.61M335.83M357.04M391.71M427.21M467.59M547.54M561.56M543.39M525.03M610.92M675.98M762.20M945.25M1.25B1.60B1.85B1.85B1.81B2.29B2.79B3.35B3.78B3.97B4.15B4.19B
Gross Profit25.00M34.10M63.00M97.00M129.55M151.43M161.66M166.58M176.57M179.95M153.35M177.08M201.74M192.27M220.83M253.65M287.94M386.03M452.12M503.37M548.81M599.70M584.08M592.93M675.37M902.62M849.35M934.02M1.16B1.25B
Gross Margin24.25%26.66%26.98%30.36%32.46%31.08%31.17%29.84%29.24%27.79%21.88%23.97%27.07%26.80%26.55%27.29%27.42%29.00%26.58%23.97%22.84%24.47%24.42%20.54%19.51%21.22%18.34%19.04%21.86%23.01%
Operating Expense13.40M23.10M39.90M53.80M74.17M84.39M97.32M109.53M113.52M116.68M129.68M135.58M115.65M106.72M118.78M132.06M157.40M197.86M226.22M238.79M266.06M284.51M284.29M273.12M384.19M483.27M537.56M638.65M668.37M673.13M
Operating Income11.60M11.00M23.10M43.20M55.38M67.04M64.34M57.04M63.05M63.27M23.68M41.50M86.09M85.54M102.06M121.59M130.54M188.17M225.90M264.58M282.75M315.19M299.78M319.81M291.18M419.35M311.78M295.37M491.72M576.75M
Operating Margin11.25%8.60%9.89%13.52%13.88%13.76%12.40%10.22%10.44%9.77%3.38%5.62%11.55%11.93%12.27%13.08%12.43%14.13%13.28%12.60%11.76%12.86%12.53%11.08%8.41%9.86%6.73%6.02%9.27%10.62%
EBITDA11.90M13.80M30.30M45.90M61.61M67.04M71.97M69.21M77.24M74.76M38.79M24.09M59.03M102.19M126.66M148.74M158.21M224.88M276.04M317.41M361.88M384.37M362.40M405.74M396.08M502.74M464.76M456.45M624.28M674.75M
EBITDA Margin11.54%10.79%12.98%14.37%15.43%13.76%13.87%12.40%12.79%11.55%5.53%3.26%7.92%14.25%15.23%16.00%15.07%16.89%16.23%15.12%15.06%15.68%15.15%14.05%11.44%11.82%10.04%9.31%11.77%12.42%
Net Income11.60M8.60M14.50M27.60M30.47M36.25M40.35M35.35M38.77M36.07M2.46M-8.26M6.68M46.54M70.41M81.17M76.13M116.73M145.44M157.77M178.36M209.43M220.75M240.82M214.51M291.20M203.83M161.79M306.91M319.03M
Net Income Margin11.25%6.72%6.21%8.64%7.63%7.44%7.78%6.33%6.42%5.57%0.35%-1.12%0.90%6.49%8.47%8.73%7.25%8.77%8.55%7.51%7.42%8.54%9.23%8.34%6.20%6.84%4.40%3.30%5.78%5.87%
R&D---------------04.90M4.60M00000-------
R&D as % of Total Revenue---------------0.00%0.47%0.35%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense00000000000000004.00K001.40M4.13M2.16M1.00M2.96M2.06M14.74M45.97M84.14M82.44M84.08M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.07%0.17%0.09%0.04%0.10%0.06%0.35%0.99%1.72%1.55%1.55%

Balance Sheet

Currency: USD1996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets35.50M96.80M120.50M223.00M256.90M347.71M352.09M415.02M464.75M534.56M558.50M564.46M458.95M433.23M527.74M565.28M695.29M857.98M901.00M1.28B1.35B1.35B1.46B1.75B2.02B4.12B3.99B3.99B4.13B4.07B
Total Liabilities26.30M30.70M35.80M47.50M47.97M46.30M49.96M81.74M91.20M128.61M153.60M155.06M183.24M136.11M188.95M190.82M244.19M328.47M344.81M664.47M595.68M404.89M375.58M497.53M782.88M2.64B2.44B2.32B2.29B2.40B
Total Equity9.20M66.10M84.70M175.50M208.93M301.41M302.13M333.28M373.55M405.95M404.90M409.40M275.71M297.13M338.79M374.46M451.11M529.51M555.96M614.84M749.08M940.09M1.09B1.25B1.24B1.48B1.55B1.67B1.84B1.67B
Cash2.30M11.00M19.40M61.60M36.98M114.11M94.97M117.37M93.23M61.27M41.06M70.80M120.96M91.73M159.50M4.84M200.91M137.79M168.71M88.07M80.30M179.75M349.25M116.49M88.56M156.57M136.79M122.09M235.76M260.46M
Total Debt-1.60M800.00K600.00K764.00K--4.63M6.76M5.11M3.73M2.04M417.00K-1.41M1.70M1.74M1.49M1.22M210.97M165.62M668.00K99.99M9.89M213.65M1.71B1.51B1.43B1.28B1.44B
Net Debt-2.30M-10.80M-18.90M-61.00M-36.21M-114.11M-94.97M-112.74M-91.58M-56.16M-37.32M-68.75M-120.54M-91.73M-158.09M-3.14M-199.17M-136.30M-167.50M122.90M85.32M-179.08M-349.11M-106.83M125.09M1.55B1.37B1.31B1.04B1.18B

Cash Flow

Currency: USD1996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow3.10M17.30M-7.10M27.90M4.10M38.38M58.36M55.05M47.07M74.09M15.70M51.19M56.57M30.63M138.44M96.86M115.16M120.94M213.60M206.22M180.03M337.20M323.52M356.73M244.59M517.32M289.84M314.34M515.26M429.37M
Investing Cash Flow-1.30M-40.30M25.40M-45.10M-24.27M-13.08M-35.41M-25.71M-68.22M-97.41M-24.15M-24.85M148.46M-27.04M-32.40M-26.90M-86.61M-129.83M-49.39M-393.87M-87.10M-25.22M-46.30M-483.88M-44.14M-1.84B-54.01M-80.96M-129.10M-60.26M
Financing Cash Flow-1.90M31.70M-9.90M59.30M-4.50M51.83M-42.09M-6.93M-4.37M-9.46M-11.07M4.59M-154.88M-35.57M-42.40M-50.59M-17.77M-41.86M-127.14M111.11M-96.84M-215.43M-91.88M-110.86M-230.09M1.39B-248.27M-250.80M-275.65M-343.88M
Capital Expenditure300.00K500.00K1.00M21.80M5.00M5.07M7.85M6.83M6.48M13.34M26.12M17.83M15.45M26.58M22.61M26.11M23.15M62.18M47.15M105.15M46.39M24.15M26.52M66.85M40.71M36.56M56.15M90.69M114.19M63.21M
Free Cash Flow2.80M16.80M-8.10M6.10M-900.00K33.31M50.51M48.22M40.60M60.76M-10.43M33.36M41.12M4.05M115.83M70.75M92.01M58.76M166.45M101.07M133.63M313.05M297.00M289.88M203.88M480.76M233.69M223.65M401.07M366.16M
Dividends Paid2.20M21.70M7.40M800.00K-----6.40M8.59M8.75M7.80M8.05M8.38M10.33M12.18M12.27M12.19M11.93M11.70M11.67M11.69M63.89M70.16M68.84M68.72M68.07M72.90M68.71M
FCF to OCF90.32%97.11%114.08%21.86%-21.93%86.79%86.55%87.60%86.24%82.00%-66.42%65.17%72.69%13.22%83.67%73.04%79.90%48.59%77.93%49.01%74.23%92.84%91.80%81.26%83.36%92.93%80.63%71.15%77.84%85.28%
Dividend Paid to FCF78.57%129.17%-91.36%13.11%-----10.54%-82.37%26.23%18.96%198.82%7.23%14.60%13.24%20.88%7.32%11.80%8.76%3.73%3.94%22.04%34.41%14.32%29.40%30.44%18.18%18.77%

Earnings

Report DateNov 20, 1997Feb 3, 1998Apr 30, 1998Jul 23, 1998Nov 18, 1998Jan 28, 1999Apr 29, 1999Jul 28, 1999Nov 10, 1999Jan 26, 2000Apr 27, 2000Jul 26, 2000Nov 16, 2000Feb 1, 2001May 1, 2001Aug 2, 2001Nov 15, 2001Feb 5, 2002May 2, 2002Aug 1, 2002Nov 21, 2002Feb 6, 2003May 6, 2003Aug 1, 2003Nov 21, 2003Feb 4, 2004May 6, 2004Aug 5, 2004Nov 17, 2004Feb 2, 2005May 4, 2005Aug 3, 2005Nov 21, 2005Feb 1, 2006May 3, 2006Aug 2, 2006Nov 15, 2006Feb 8, 2007May 9, 2007Aug 7, 2007Nov 14, 2007Feb 6, 2008May 8, 2008Aug 7, 2008Nov 13, 2008Feb 5, 2009May 7, 2009Aug 6, 2009Nov 12, 2009Feb 4, 2010May 6, 2010Aug 5, 2010Nov 11, 2010Feb 3, 2011May 5, 2011Aug 4, 2011Nov 10, 2011Feb 2, 2012May 3, 2012Aug 7, 2012Nov 15, 2012Feb 7, 2013May 9, 2013Aug 8, 2013Nov 15, 2013Feb 6, 2014May 8, 2014Aug 7, 2014Nov 13, 2014Feb 5, 2015May 7, 2015Aug 6, 2015Nov 12, 2015Feb 4, 2016May 5, 2016Aug 4, 2016Nov 10, 2016Feb 9, 2017May 4, 2017Aug 3, 2017Nov 9, 2017Feb 8, 2018May 10, 2018Aug 9, 2018Nov 20, 2018Feb 7, 2019May 9, 2019Aug 8, 2019Nov 19, 2019Feb 6, 2020May 7, 2020Aug 6, 2020Nov 19, 2020Feb 4, 2021May 6, 2021Aug 5, 2021Nov 18, 2021Feb 3, 2022May 4, 2022Aug 3, 2022Nov 21, 2022Feb 8, 2023May 3, 2023Aug 2, 2023Nov 15, 2023Feb 7, 2024May 8, 2024Aug 7, 2024Nov 20, 2024Feb 6, 2025May 8, 2025Aug 7, 2025Nov 20, 2025Feb 5, 2026May 7, 2026Aug 6, 2026Nov 19, 2026
EPS Estimate0.050.040.060.060.070.070.070.080.090.090.100.100.110.100.110.130.130.120.070.110.130.120.080.100.100.100.110.120.120.100.110.110.120.110.11-0.160.090.04-0.050.160.130.160.180.180.160.160.170.200.160.180.230.260.240.240.270.300.270.230.280.350.280.360.410.500.420.560.490.520.560.540.640.520.470.620.700.720.640.790.770.770.750.860.820.720.810.910.930.940.910.660.780.900.900.821.090.870.800.720.710.970.760.831.021.321.281.301.521.481.371.381.391.671.821.972.201.88
EPS Actual0.050.040.060.070.080.070.080.090.100.090.100.110.110.100.110.130.130.120.080.120.130.120.080.110.110.110.110.110.120.110.110.120.120.110.11-0.140.02-0.120.060.160.160.130.170.130.180.170.170.170.200.210.200.230.270.250.270.280.320.260.250.310.370.320.360.410.520.480.590.490.530.630.600.640.530.400.740.750.760.730.800.850.810.780.870.910.720.860.960.970.930.910.431.041.021.031.291.510.830.850.800.511.400.940.801.041.291.341.571.741.461.612.012.161.621.852.072.22-
Surprise0.00%0.00%0.00%16.67%14.29%0.00%14.29%12.50%11.11%0.00%0.00%10.00%0.00%0.00%0.00%0.00%0.00%0.00%14.29%9.09%0.00%0.00%0.00%10.00%10.00%10.00%0.00%-8.33%0.00%10.00%0.00%9.09%0.00%0.00%0.00%12.50%-77.78%-400.00%-220.00%0.00%0.00%6.25%-27.78%0.00%6.25%6.25%0.00%0.00%31.25%11.11%0.00%3.85%4.17%12.50%3.70%6.67%-3.70%8.70%10.71%5.71%14.29%0.00%0.00%4.00%14.29%5.36%0.00%1.92%12.50%11.11%0.00%1.92%-14.89%19.35%7.14%5.56%14.06%1.27%10.39%5.19%4.00%1.16%10.98%0.00%6.17%5.49%4.30%-1.06%0.00%-34.85%33.33%13.33%14.44%57.32%38.53%-4.60%6.25%11.11%-28.17%44.33%23.68%-3.61%1.96%-2.27%4.69%20.77%14.47%-1.35%17.52%45.65%55.40%-2.99%1.65%5.08%0.91%-
TimingPre-marketPre-marketPre-market-------------Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.73B
Enterprise Value4.56B
Trailing P/E7.71
Forward P/E19.08
PEG Ratio2.06
Price / Sales0.52
Price / Book1.66
EPS6.76
Book Value33.24
Revenue (TTM)5.25B
Gross Profit (TTM)1.34B
EBITDA691.84M
Profit Margin7.07%
Operating Margin12.62%
Return on Equity21.11%
Return on Assets8.20%
Shares Outstanding52.36M
Shares Float51.61M
Beta0.58
Dividend Yield2.51%
Dividend Rate1.32
Payout Ratio16.62%

Analyst Ratings

Buy
Based on 2 analystsTarget 92.50
  • Buy
    2

Ownership Breakdown

Institutions
110.55%
Insiders
1.82%
Retail / Other
0.00%

Top Institutional Holders

  • FMR Inc
    8.18M15.62%
  • BlackRock Inc
    7.52M14.36%
  • Vanguard Portfolio Management, LLC
    3.47M6.63%
  • State Street Corp
    2.46M4.70%
  • Vanguard Capital Management, LLC
    2.44M4.66%
  • Dimensional Fund Advisors, Inc.
    2.35M4.50%
  • Fuller & Thaler Asset Management Inc
    2.08M3.98%
  • Reinhart Mahoney Capital Management Inc
    1.98M3.79%
  • Mackenzie Investments
    1.58M3.01%
  • Geode Capital Management, LLC
    1.50M2.86%
  • Van Berkom and Associates Inc
    1.09M2.08%
  • Boston Partners Global Investors, Inc
    910.04K1.74%
  • Stephens Inv Mgmt Group LLC
    854.78K1.63%

Top Fund Holders

  • Undiscovered Managers Behavioral Val L
    2.16M4.12%
  • iShares Core S&P Mid-Cap ETF
    1.84M3.51%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.67M3.20%
  • iShares Russell 2000 ETF
    1.41M2.69%
  • Fidelity Low-Priced Stock
    1.37M2.62%
  • Vanguard Small Cap Index
    1.21M2.31%
  • Strategic Advisers Fidelity US TtlStk
    902.23K1.72%

Dividends

20264×
0.33Nov 13, 20260.33Aug 14, 20260.33May 15, 20260.33Feb 13, 2026
20254×
0.30Nov 14, 20250.30Aug 15, 20250.30May 15, 20250.30Feb 14, 2025
20244×
0.30Nov 15, 20240.30Aug 15, 20240.30May 14, 20240.30Feb 14, 2024
20234×
0.30Nov 14, 20230.28Aug 14, 20230.28May 12, 20230.28Feb 14, 2023
20224×
0.28Nov 14, 20220.28Aug 12, 20220.28May 12, 20220.28Feb 14, 2022
20214×
0.28Nov 12, 20210.28Aug 12, 20210.28May 13, 20210.28Feb 11, 2021

Stock Splits

  • Jul 1, 20132:1
  • Jul 1, 20112:1