Maximus Key Executives

This section highlights Maximus's key executives, including their titles and compensation details.

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Maximus Earnings

This section highlights Maximus's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 14, 2025
Time: Before Market
Est. EPS: $1.37
Status: Unconfirmed

Last Earnings Results

Date: February 06, 2025
EPS: $1.61
Est. EPS: $1.39
Revenue: $1.40B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-02-06 $1.39 $1.61
Read Transcript Q4 2024 2024-11-21 N/A N/A
Read Transcript Q3 2024 2024-08-08 N/A N/A
Read Transcript Q2 2024 2024-05-09 N/A N/A
Read Transcript Q1 2024 2024-02-08 N/A N/A
Read Transcript Q4 2023 2023-11-16 N/A N/A
Read Transcript Q3 2023 2023-08-06 N/A N/A
Read Transcript Q2 2023 2023-05-06 N/A N/A
Read Transcript Q1 2023 2023-02-09 N/A N/A

Maximus, Inc. (MMS)

Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides 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; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Tysons, Virginia.

Industrials Specialty Business Services

$68.21

Stock Price

$3.86B

Market Cap

41.10K

Employees

Tysons, VA

Location

Financial Statements

Access annual & quarterly financial statements for Maximus, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Revenue $5.31B $4.90B $4.63B $4.25B $3.46B
Cost of Revenue $4.05B $3.88B $3.69B $3.31B $2.75B
Gross Profit $1.25B $1.03B $939.81M $946.98M $711.00M
Gross Profit Ratio 23.59% 21.00% 20.29% 22.30% 20.54%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $671.58M $638.65M $534.49M $494.09M $387.09M
Other Expenses $91.57M $95.17M $90.47M $44.36M $35.63M
Operating Expenses $763.15M $733.81M $624.96M $538.45M $422.72M
Cost and Expenses $4.82B $4.61B $4.32B $3.85B $3.17B
Interest Income $- $- $45.97M $14.74M $2.06M
Interest Expense $82.44M $84.14M $45.97M $14.74M $2.06M
Depreciation and Amortization $- $149.32M $141.69M $104.32M $106.96M
EBITDA $488.50M $456.45M $464.76M $502.74M $396.08M
EBITDA Ratio 9.21% 9.31% 9.61% 11.50% 11.25%
Operating Income $488.50M $294.79M $325.90M $408.53M $288.28M
Operating Income Ratio 9.21% 6.01% 7.04% 9.60% 8.33%
Total Other Income Expenses Net $-81.99M $-84.50M $-48.80M $-24.85M $-1.22M
Income Before Tax $406.51M $210.29M $277.10M $383.68M $287.06M
Income Before Tax Ratio 7.66% 4.29% 5.98% 9.02% 8.29%
Income Tax Expense $99.59M $48.50M $73.27M $92.48M $72.55M
Net Income $306.91M $161.79M $203.83M $291.20M $214.51M
Net Income Ratio 5.78% 3.30% 4.40% 6.84% 6.20%
EPS $5.03 $2.65 $3.30 $4.69 $3.40
EPS Diluted $4.99 $2.63 $3.29 $4.67 $3.39
Weighted Average Shares Outstanding 61.05M 61.12M 61.77M 62.07M 63.06M
Weighted Average Shares Outstanding Diluted 61.48M 61.45M 61.97M 62.37M 63.32M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $1.40B $1.32B $1.31B $1.35B $1.33B $1.26B $1.19B $1.21B $1.25B $1.18B $1.13B $1.18B $1.15B $1.11B $1.24B $959.28M $945.55M $923.84M $901.34M $818.13M
Cost of Revenue $1.10B $1.01B $982.62M $1.05B $1.03B $969.06M $924.31M $978.25M $1.00B $904.05M $915.56M $948.88M $922.72M $887.73M $951.66M $728.62M $739.50M $726.99M $715.73M $665.04M
Gross Profit $301.56M $301.69M $332.31M $295.95M $300.05M $290.89M $264.36M $228.60M $244.75M $272.98M $210.22M $228.45M $228.16M $218.41M $291.86M $230.66M $206.06M $196.85M $185.60M $153.10M
Gross Profit Ratio 21.50% 22.90% 25.30% 21.90% 22.60% 23.10% 22.20% 18.90% 19.60% 23.20% 18.70% 19.40% 19.80% 19.70% 23.50% 24.00% 21.80% 21.31% 20.59% 18.71%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $111.97M $- $- $111.97M $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $17.62M $- $- $- $- $- $-
Selling General and Administrative Expenses $191.74M $166.90M $166.68M $168.23M $169.19M $167.78M $182.54M $142.45M $146.45M $146.99M $132.97M $130.31M $124.22M $129.59M $140.13M $112.40M $111.97M $103.43M $89.58M $106.85M
Other Expenses $23.04M $23.04M $- $822.00K $-488.00K $-442.00K $-1.00M $23.65M $23.52M $22.51M $22.69M $22.86M $-311.00K $-521.00K $-8.29M $-520.00K $-775.00K $222.00K $-671.00K $573.00K
Operating Expenses $214.77M $189.94M $190.57M $168.23M $192.54M $191.77M $205.98M $166.10M $169.97M $169.50M $155.66M $153.16M $146.63M $150.23M $152.26M $117.47M $118.48M $112.33M $98.29M $115.79M
Cost and Expenses $1.32B $1.20B $1.17B $1.22B $1.22B $1.16B $1.13B $1.14B $1.17B $1.07B $1.07B $1.10B $1.07B $1.04B $1.10B $846.09M $857.98M $839.31M $814.03M $780.82M
Interest Income $- $- $- $- $- $- $21.03M $21.00M $- $16.10M $- $- $- $- $- $- $- $- $- $-
Interest Expense $17.52M $20.01M $20.55M $20.37M $21.51M $20.51M $21.03M $21.00M $21.61M $16.10M $10.79M $9.44M $9.64M $10.70M $3.09M $756.00K $206.00K $494.00K $616.00K $465.00K
Depreciation and Amortization $- $- $31.07M $29.85M $31.76M $41.62M $34.20M $37.69M $35.80M $34.97M $31.37M $32.69M $33.77M $33.34M $22.96M $18.23M $18.33M $25.93M $24.99M $24.83M
EBITDA $86.79M $111.76M $173.17M $157.57M $138.78M $140.31M $91.58M $101.01M $110.84M $148.75M $83.43M $108.69M $114.99M $100.99M $154.27M $130.90M $105.91M $10.52M $112.30M $62.15M
EBITDA Ratio 6.19% 8.49% 13.17% 11.69% 10.46% 11.14% 7.70% 8.37% 8.87% 11.70% 7.41% 9.23% 9.99% 9.13% 12.41% 13.42% 11.12% 11.98% 12.38% 7.67%
Operating Income $86.79M $111.76M $141.74M $127.72M $107.51M $99.12M $58.39M $62.51M $74.78M $114.52M $54.56M $75.29M $81.53M $68.18M $139.59M $113.19M $87.57M $84.52M $87.31M $37.31M
Operating Income Ratio 6.19% 8.49% 10.78% 9.47% 8.10% 7.87% 4.91% 5.18% 5.99% 9.73% 4.85% 6.39% 7.08% 6.16% 11.23% 11.80% 9.26% 9.15% 9.69% 4.56%
Total Other Income Expenses Net $-17.83M $-19.09M $-21.36M $-19.77M $-22.00M $-20.95M $-22.03M $-20.18M $-21.34M $-16.84M $-13.29M $-8.72M $-9.95M $-11.22M $-11.38M $-1.28M $-981.00K $-272.00K $-1.29M $108.00K
Income Before Tax $68.95M $92.67M $120.38M $107.95M $85.52M $78.17M $36.36M $42.32M $53.44M $97.68M $41.27M $66.56M $71.58M $56.96M $128.22M $111.91M $86.59M $84.25M $86.02M $37.42M
Income Before Tax Ratio 4.92% 7.04% 9.15% 8.01% 6.44% 6.20% 3.06% 3.51% 4.28% 8.30% 3.67% 5.65% 6.22% 5.15% 10.31% 11.67% 9.16% 9.12% 9.54% 4.57%
Income Tax Expense $27.76M $20.16M $30.62M $27.44M $21.37M $19.03M $5.49M $10.54M $13.44M $28.62M $9.93M $16.47M $18.25M $4.95M $33.72M $31.30M $22.51M $20.59M $21.56M $9.77M
Net Income $41.20M $72.50M $89.75M $80.51M $64.15M $59.15M $30.86M $31.79M $39.99M $69.07M $31.34M $50.10M $53.33M $52.01M $94.50M $80.61M $64.08M $63.66M $64.46M $27.65M
Net Income Ratio 2.94% 5.51% 6.83% 5.97% 4.83% 4.69% 2.60% 2.63% 3.20% 5.87% 2.78% 4.26% 4.63% 4.70% 7.60% 8.40% 6.78% 6.89% 7.15% 3.38%
EPS $0.69 $-3.84 $1.47 $1.31 $1.05 $0.97 $0.50 $0.52 $0.65 $1.13 $0.51 $0.81 $0.86 $0.84 $1.52 $1.30 $1.03 $1.03 $1.04 $0.43
EPS Diluted $0.69 $-3.81 $1.46 $1.31 $1.04 $0.96 $0.50 $0.52 $0.65 $1.13 $0.51 $0.80 $0.85 $0.83 $1.51 $1.29 $1.03 $1.02 $1.04 $0.43
Weighted Average Shares Outstanding 59.73M 61.05M 61.08M 61.37M 61.32M 61.14M 61.14M 61.12M 61.53M 61.01M 61.61M 62.23M 62.26M 62.08M 62.06M 62.03M 62.04M 61.87M 61.88M 63.93M
Weighted Average Shares Outstanding Diluted 60.00M 61.48M 61.38M 61.62M 61.53M 61.62M 61.54M 61.38M 61.20M 61.29M 61.76M 62.38M 62.45M 62.51M 62.45M 62.29M 62.13M 62.26M 62.10M 64.12M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Cash and Cash Equivalents $183.12M $65.41M $40.66M $135.06M $71.74M
Short Term Investments $- $56.89M $- $- $-
Cash and Short Term Investments $183.12M $65.41M $40.66M $135.06M $71.74M
Net Receivables $879.51M $843.43M $809.27M $840.23M $788.28M
Inventory $- $- $- $-5.41M $-2.08M
Other Current Assets $137.91M $146.63M $86.25M $104.20M $72.54M
Total Current Assets $1.20B $1.06B $1.03B $1.08B $932.56M
Property Plant Equipment Net $220.23M $202.76M $185.14M $241.98M $243.88M
Goodwill $1.78B $1.78B $1.78B $1.77B $593.13M
Intangible Assets $630.57M $811.46M $863.64M $922.04M $183.93M
Goodwill and Intangible Assets $2.41B $2.59B $2.64B $2.70B $777.05M
Long Term Investments $- $31.40M $31.40M $83.22M $57.71M
Tax Assets $14.80M $2.46M $4.97M $990.00K $1.92M
Other Non-Current Assets $282.50M $103.04M $95.83M $16.84M $11.58M
Total Non-Current Assets $2.93B $2.93B $2.96B $3.04B $1.09B
Other Assets $- $- $- $- $-
Total Assets $4.13B $3.99B $3.99B $4.12B $2.02B
Account Payables $303.32M $282.08M $264.55M $305.56M $253.34M
Short Term Debt $40.14M $136.70M $127.46M $156.63M $172.37M
Tax Payables $26.54M $451.00K $718.00K $6.78M $5.38M
Deferred Revenue $83.24M $60.48M $87.15M $98.59M $51.66M
Other Current Liabilities $354.30M $243.31M $294.57M $221.87M $134.78M
Total Current Liabilities $807.53M $723.01M $774.45M $789.43M $561.17M
Long Term Debt $52.14M $1.29B $1.38B $1.55B $122.03M
Deferred Revenue Non-Current $45.08M $38.85M $21.41M $35.93M $27.31M
Deferred Tax Liabilities Non-Current $169.12M $203.90M $206.10M $194.64M $24.74M
Other Non-Current Liabilities $1.17B $59.69M $62.73M $67.72M $47.64M
Total Non-Current Liabilities $1.48B $1.59B $1.67B $1.85B $221.72M
Other Liabilities $- $- $- $- $-
Total Liabilities $2.29B $2.32B $2.44B $2.64B $782.88M
Preferred Stock $- $- $- $- $-
Common Stock $598.30M $577.90M $557.98M $532.41M $513.96M
Retained Earnings $1.28B $1.12B $1.03B $987.83M $770.50M
Accumulated Other Comprehensive Income Loss $-32.46M $-27.61M $-33.96M $-39.91M $-42.64M
Other Total Stockholders Equity $- $- $- $- $-
Total Stockholders Equity $1.84B $1.67B $1.55B $1.48B $1.24B
Total Equity $1.84B $1.67B $1.55B $1.48B $1.24B
Total Liabilities and Stockholders Equity $4.13B $3.99B $3.99B $4.12B $2.02B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $4.13B $3.99B $3.99B $4.12B $2.02B
Total Investments $- $88.29M $31.40M $83.22M $57.71M
Total Debt $97.22M $1.43B $1.51B $1.71B $213.65M
Net Debt $-85.90M $1.36B $1.47B $1.57B $141.92M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $72.65M $183.12M $102.79M $118.34M $104.19M $65.41M $35.01M $56.34M $63.05M $40.66M $93.75M $92.64M $181.79M $135.06M $96.11M $101.68M $132.60M $71.74M $81.55M $126.26M
Short Term Investments $- $- $- $- $-72.51M $- $- $- $- $- $21.86M $17.74M $3.23M $- $- $- $- $- $- $-
Cash and Short Term Investments $72.65M $183.12M $102.79M $118.34M $104.19M $65.41M $35.01M $56.34M $63.05M $40.66M $93.75M $92.64M $181.79M $135.06M $96.11M $101.68M $132.60M $71.74M $81.55M $126.26M
Net Receivables $962.65M $879.51M $859.93M $930.17M $876.26M $843.43M $832.94M $754.54M $1.02B $809.27M $883.62M $900.44M $852.24M $840.23M $1.13B $762.10M $785.29M $788.28M $838.02M $683.94M
Inventory $- $- $- $- $1 $- $1 $- $- $- $-21.86M $-17.74M $-3.23M $1 $- $1 $- $- $1 $1
Other Current Assets $130.07M $137.91M $115.57M $69.94M $129.17M $146.63M $128.09M $141.02M $174.50M $86.25M $50.08M $54.95M $114.30M $104.20M $81.48M $68.36M $68.94M $72.54M $59.94M $53.26M
Total Current Assets $1.17B $1.20B $1.08B $1.12B $1.11B $1.06B $996.04M $951.90M $1.26B $1.03B $1.07B $1.09B $1.15B $1.08B $1.31B $932.14M $986.83M $932.56M $979.51M $863.45M
Property Plant Equipment Net $194.67M $220.23M $173.84M $183.78M $189.91M $202.76M $205.37M $209.55M $212.47M $185.14M $199.45M $218.13M $231.49M $241.98M $254.74M $238.91M $228.00M $243.88M $244.36M $260.54M
Goodwill $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.78B $1.77B $1.76B $899.80M $595.93M $593.13M $586.76M $585.77M
Intangible Assets $607.03M $630.57M $822.84M $818.85M $805.69M $811.46M $815.96M $822.59M $847.78M $863.64M $877.66M $894.44M $912.11M $922.04M $938.23M $285.81M $180.92M $183.93M $186.56M $194.84M
Goodwill and Intangible Assets $2.39B $2.41B $2.60B $2.60B $2.59B $2.59B $2.60B $2.60B $2.63B $2.64B $2.66B $2.67B $2.69B $2.70B $2.70B $1.19B $776.85M $777.05M $773.32M $780.61M
Long Term Investments $- $- $21.00M $22.60M $93.71M $88.29M $90.34M $24.60M $- $31.40M $21.86M $- $92.69M $83.22M $84.06M $74.06M $63.64M $57.71M $54.10M $47.29M
Tax Assets $12.26M $14.80M $5.91M $2.13M $2.20M $2.46M $5.77M $5.87M $5.04M $4.97M $4.78M $2.63M $1.75M $990.00K $506.00K $222.00K $222.00K $1.92M $3.45M $186.00K
Other Non-Current Assets $299.74M $282.50M $117.62M $115.17M $34.64M $46.15M $48.82M $104.15M $130.30M $95.83M $98.72M $121.62M $19.26M $16.84M $27.91M $10.46M $10.70M $11.58M $8.24M $8.32M
Total Non-Current Assets $2.89B $2.93B $2.92B $2.92B $2.91B $2.93B $2.95B $2.95B $2.98B $2.96B $2.99B $3.02B $3.03B $3.04B $3.06B $1.51B $1.08B $1.09B $1.08B $1.10B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $4.06B $4.13B $4.00B $4.04B $4.02B $3.99B $3.94B $3.90B $4.23B $3.99B $4.06B $4.11B $4.18B $4.12B $4.37B $2.44B $2.07B $2.02B $2.06B $1.96B
Account Payables $286.36M $303.32M $280.84M $276.20M $267.62M $282.08M $283.69M $259.46M $272.20M $264.55M $259.02M $302.91M $273.29M $305.56M $420.51M $278.63M $266.04M $253.34M $217.83M $191.50M
Short Term Debt $- $40.14M $87.94M $136.99M $138.93M $136.70M $140.29M $140.42M $137.03M $127.46M $127.38M $130.64M $149.05M $156.63M $225.73M $175.41M $159.12M $91.63M $156.76M $166.66M
Tax Payables $36.50M $26.54M $11.15M $15.79M $23.72M $451.00K $70.00K $4.48M $12.42M $718.00K $4.07M $3.88M $14.90M $6.78M $19.76M $8.05M $22.68M $5.38M $4.72M $758.00K
Deferred Revenue $78.17M $83.24M $82.06M $76.57M $63.03M $60.48M $64.82M $66.80M $96.20M $87.15M $106.80M $122.07M $111.58M $98.59M $68.85M $61.48M $58.31M $51.66M $48.74M $46.21M
Other Current Liabilities $277.90M $354.30M $218.05M $223.16M $165.06M $243.31M $194.44M $210.02M $228.37M $294.57M $232.94M $193.76M $161.98M $221.87M $244.50M $123.06M $84.89M $159.17M $130.01M $53.42M
Total Current Liabilities $678.92M $807.53M $680.04M $728.72M $658.37M $723.01M $683.30M $681.17M $746.22M $774.45M $730.21M $753.27M $710.79M $789.43M $860.60M $593.72M $547.40M $561.17M $502.54M $438.33M
Long Term Debt $89.74M $52.14M $1.20B $1.23B $1.34B $1.29B $1.34B $1.33B $1.61B $1.38B $1.52B $1.49B $1.63B $1.55B $1.75B $360.73M $114.16M $122.03M $248.40M $259.49M
Deferred Revenue Non-Current $- $45.08M $35.27M $33.37M $37.22M $38.85M $14.86M $25.78M $29.62M $21.41M $23.52M $30.43M $29.07M $35.93M $36.05M $32.93M $27.43M $27.31M $30.09M $34.14M
Deferred Tax Liabilities Non-Current $172.55M $169.12M $200.81M $192.89M $198.32M $203.90M $207.15M $201.08M $203.54M $206.10M $196.69M $198.85M $196.14M $194.64M $204.17M $31.04M $24.42M $24.74M $44.53M $49.42M
Other Non-Current Liabilities $1.47B $1.17B $62.34M $62.90M $64.31M $59.69M $61.13M $62.12M $68.46M $62.73M $69.64M $76.88M $82.69M $67.72M $64.84M $53.07M $54.52M $47.64M $42.48M $40.55M
Total Non-Current Liabilities $1.73B $1.48B $1.50B $1.52B $1.64B $1.59B $1.63B $1.62B $1.91B $1.67B $1.81B $1.80B $1.94B $1.85B $2.06B $477.77M $220.52M $221.72M $365.50M $383.61M
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.41B $2.29B $2.18B $2.25B $2.30B $2.32B $2.31B $2.30B $2.65B $2.44B $2.54B $2.55B $2.65B $2.64B $2.92B $1.07B $767.92M $782.88M $868.04M $821.94M
Preferred Stock $- $- $- $- $- $- $- $- $- $33.96M $- $- $- $- $- $34.95M $- $- $- $1
Common Stock $603.25M $598.30M $604.29M $594.39M $585.28M $577.90M $581.34M $572.63M $562.68M $557.98M $557.66M $550.23M $543.03M $532.41M $535.99M $528.21M $520.36M $513.96M $517.20M $511.02M
Retained Earnings $1.06B $1.28B $1.25B $1.22B $1.16B $1.12B $1.08B $1.06B $1.05B $1.03B $995.90M $1.03B $1.02B $987.83M $953.49M $876.64M $813.67M $770.50M $724.43M $677.56M
Accumulated Other Comprehensive Income Loss $-19.55M $-32.46M $-30.93M $-30.15M $-30.59M $-27.61M $-24.31M $-33.30M $-29.71M $-33.96M $-31.99M $-26.10M $-36.76M $-39.91M $-36.03M $-34.95M $-35.72M $-42.64M $-46.68M $-50.12M
Other Total Stockholders Equity $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Stockholders Equity $1.65B $1.84B $1.82B $1.79B $1.72B $1.67B $1.63B $1.60B $1.58B $1.55B $1.52B $1.55B $1.53B $1.48B $1.45B $1.37B $1.30B $1.24B $1.19B $1.14B
Total Equity $1.65B $1.84B $1.82B $1.79B $1.72B $1.67B $1.63B $1.60B $1.58B $1.55B $1.52B $1.55B $1.53B $1.48B $1.45B $1.37B $1.30B $1.24B $1.19B $1.14B
Total Liabilities and Stockholders Equity $4.06B $4.13B $4.00B $4.04B $4.02B $3.99B $3.94B $3.90B $4.23B $3.99B $4.06B $4.11B $4.18B $4.12B $4.37B $2.44B $2.07B $2.02B $2.06B $1.96B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $4.06B $4.13B $4.00B $4.04B $4.02B $3.99B $3.94B $3.90B $4.23B $3.99B $4.06B $4.11B $4.18B $4.12B $4.37B $2.44B $2.07B $2.02B $2.06B $1.96B
Total Investments $- $- $21.00M $22.60M $21.20M $88.29M $90.34M $24.60M $- $31.40M $21.86M $17.74M $92.69M $83.22M $84.06M $74.06M $63.64M $57.71M $54.10M $47.29M
Total Debt $89.74M $97.22M $1.29B $1.37B $1.48B $1.43B $1.48B $1.47B $1.74B $1.51B $1.64B $1.62B $1.78B $1.71B $1.89B $456.71M $200.80M $213.65M $330.27M $347.50M
Net Debt $17.09M $-85.90M $1.19B $1.25B $1.38B $1.36B $1.45B $1.41B $1.68B $1.47B $1.55B $1.53B $1.60B $1.57B $1.80B $355.02M $68.20M $141.92M $248.73M $221.25M

Annual Cash Flow

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Net Income $306.91M $161.79M $203.83M $291.20M $214.51M
Depreciation and Amortization $125.53M $149.32M $132.79M $90.72M $100.16M
Deferred Income Tax $-36.02M $1.55M $10.20M $-6.58M $-19.14M
Stock Based Compensation $35.35M $29.52M $30.48M $28.55M $23.71M
Change in Working Capital $78.94M $-31.56M $-79.43M $104.05M $-72.92M
Accounts Receivables $-50.56M $-23.40M $14.13M $38.58M $-141.84M
Inventory $- $859.00K $- $-26.90M $-79.93M
Accounts Payables $18.27M $17.73M $-32.72M $26.90M $79.93M
Other Working Capital $111.23M $-26.75M $-60.84M $65.47M $68.92M
Other Non Cash Items $4.55M $3.72M $-8.03M $9.37M $-1.72M
Net Cash Provided by Operating Activities $515.26M $314.34M $289.84M $517.32M $244.59M
Investments in Property Plant and Equipment $-114.19M $-90.69M $-56.15M $-36.56M $-40.71M
Acquisitions Net $- $9.73M $-14.29M $-1.80B $-3.82M
Purchases of Investments $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $-14.91M $- $16.43M $- $385.00K
Net Cash Used for Investing Activities $-129.10M $-80.96M $-54.01M $-1.84B $-44.14M
Debt Repayment $-112.04M $-108.67M $-155.66M $1.49B $18.60M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-73.07M $-8.47M $-96.12M $-3.36M $-166.96M
Dividends Paid $-72.90M $-68.07M $-68.72M $-68.84M $-70.16M
Other Financing Activities $-17.64M $-65.58M $72.22M $-35.75M $-11.58M
Net Cash Used Provided by Financing Activities $-275.65M $-250.80M $-248.27M $1.39B $-230.09M
Effect of Forex Changes on Cash $3.16M $2.72M $-7.33M $474.00K $1.71M
Net Change in Cash $113.67M $-14.70M $-19.77M $68.01M $-27.93M
Cash at End of Period $235.76M $122.09M $136.79M $156.57M $88.56M
Cash at Beginning of Period $122.09M $136.79M $156.57M $88.56M $116.49M
Operating Cash Flow $515.26M $314.34M $289.84M $517.32M $244.59M
Capital Expenditure $-114.19M $-90.69M $-56.15M $-36.56M $-40.71M
Free Cash Flow $401.07M $223.65M $233.69M $480.76M $203.88M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $41.20M $72.50M $89.75M $80.51M $64.15M $59.15M $30.86M $31.79M $39.99M $69.07M $31.34M $50.10M $53.33M $52.01M $94.50M $80.61M $64.08M $63.66M $64.46M $27.65M
Depreciation and Amortization $31.49M $32.85M $31.07M $29.85M $31.76M $41.62M $34.20M $37.69M $35.80M $34.97M $31.37M $32.69M $33.77M $33.34M $22.96M $16.09M $18.33M $25.93M $24.99M $24.83M
Deferred Income Tax $2.16M $-32.25M $4.54M $-6.15M $-2.17M $-823.00K $3.74M $-37.00K $-1.33M $17.38M $-3.86M $-3.09M $-229.00K $-10.21M $-4.32M $6.65M $1.30M $-13.94M $-8.25M $2.62M
Stock Based Compensation $6.95M $7.74M $9.48M $8.70M $9.43M $7.28M $8.30M $9.54M $4.40M $8.40M $7.03M $6.80M $8.25M $7.73M $7.34M $7.42M $6.06M $6.15M $5.76M $6.40M
Change in Working Capital $-200.77M $82.35M $62.78M $16.98M $-83.18M $36.76M $-82.99M $229.23M $-214.56M $228.00K $-8.60M $27.63M $-98.69M $186.93M $-162.03M $70.81M $8.35M $66.71M $-98.45M $-39.50M
Accounts Receivables $-103.45M $-24.03M $65.86M $-57.01M $-35.38M $-31.08M $-54.85M $263.28M $-200.75M $54.13M $9.07M $-34.95M $-14.11M $292.88M $-167.59M $119.44M $-35.73M $5.78M $-94.76M $-21.85M
Inventory $- $- $- $- $-57.34M $-20.24M $7.69M $- $- $- $- $-29.41M $-5.12M $-129.94M $-157.46M $- $48.43M $-17.63M $- $-
Accounts Payables $-8.15M $19.93M $4.64M $9.24M $-15.54M $814.00K $23.28M $-10.00M $3.64M $-32.72M $-39.53M $29.41M $-32.45M $15.71M $104.48M $1.20M $11.20M $79.93M $- $-
Other Working Capital $-89.17M $86.46M $-7.72M $64.75M $25.08M $87.26M $-59.10M $-24.05M $-17.45M $-21.18M $21.86M $62.58M $-47.01M $8.28M $58.55M $-48.63M $-15.56M $-1.37M $-3.69M $-17.64M
Other Non Cash Items $38.98M $635.00K $1.70M $116.75M $1.62M $601.00K $601.00K $1.48M $1.03M $-9.98M $649.00K $648.00K $649.00K $865.00K $8.51M $7.42M $35.20M $-12.00K $-1.71M $-12.51M
Net Cash Provided by Operating Activities $-80.00M $163.83M $199.33M $130.49M $21.61M $144.59M $-5.29M $309.70M $-134.66M $120.06M $57.92M $114.78M $-2.92M $270.66M $-33.04M $181.58M $98.11M $148.51M $-13.19M $22.00M
Investments in Property Plant and Equipment $-22.99M $-31.95M $-34.69M $-43.31M $-22.25M $-31.83M $-25.11M $-18.05M $-15.70M $-20.21M $-13.04M $-16.57M $-6.33M $-4.43M $-8.55M $-14.49M $-9.09M $-12.27M $-9.31M $-8.63M
Acquisitions Net $- $- $- $1.26M $1.81M $608.00K $- $9.12M $- $-151.00K $-14.14M $-4.00K $- $-19.44M $-1.37B $-413.78M $- $-4.46M $3.19M $-2.55M
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $736.00K $14.00K $- $1.26M $1.81M $608.00K $- $9.12M $- $14.43M $2.00M $- $- $159.00K $- $159.00K $-159.00K $31.05M $287.00K $73.00K
Net Cash Used for Investing Activities $-22.26M $-31.94M $-34.69M $-42.04M $-20.43M $-31.22M $-25.11M $-8.93M $-15.70M $-5.93M $-25.18M $-16.57M $-6.33M $-23.87M $-1.37B $-428.27M $-9.25M $-16.73M $-5.84M $-11.11M
Debt Repayment $255.74M $-9.38M $-61.28M $-103.13M $61.75M $-60.56M $19.95M $-275.41M $207.35M $-127.69M $35.73M $-147.02M $83.31M $-183.93M $1.42B $234.66M $1.66M $-123.91M $-7.94M $153.34M
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $-228.59M $-25.79M $-47.27M $- $-13.46M $- $- $- $- $-22.25M $-48.02M $-24.46M $-1.38M $- $- $- $-3.36M $- $- $-165.06M
Dividends Paid $-18.06M $-18.05M $-18.24M $-18.31M $-18.30M $-17.02M $-17.02M $-17.02M $-17.02M $-16.95M $-17.10M $-17.31M $-17.35M $-17.21M $-17.21M $-17.21M $-17.21M $-17.17M $-17.18M $-17.90M
Other Financing Activities $-17.34M $7.40M $-8.54M $-1.43M $-15.07M $-4.37M $-104.00K $-50.21M $-19.36M $81.89M $- $- $-9.67M $42.00K $-1.00K $1.00K $-12.58M $-8.00K $-305.00K $-159.00K
Net Cash Used Provided by Financing Activities $-8.26M $-45.83M $-135.33M $-122.87M $28.38M $-81.95M $2.82M $-342.64M $170.97M $-85.00M $-29.39M $-188.80M $54.92M $-201.10M $1.40B $217.45M $-31.49M $-141.09M $-25.42M $-29.78M
Effect of Forex Changes on Cash $-2.38M $1.89M $155.00K $-731.00K $1.85M $-1.02M $549.00K $765.00K $2.42M $-2.96M $-4.69M $-48.00K $372.00K $-2.36M $-433.00K $-619.00K $3.88M $1.88M $1.69M $-3.32M
Net Change in Cash $-112.89M $87.96M $29.46M $-35.16M $31.40M $30.40M $-27.03M $-41.11M $23.03M $26.17M $-1.34M $-90.64M $46.04M $43.33M $-6.73M $-29.85M $61.26M $-7.43M $-42.75M $-22.21M
Cash at End of Period $122.87M $235.76M $147.80M $118.34M $153.50M $122.09M $91.69M $118.72M $159.83M $136.79M $110.62M $111.97M $202.61M $156.57M $113.24M $119.97M $149.82M $88.56M $95.99M $138.74M
Cash at Beginning of Period $235.76M $147.80M $118.34M $153.50M $122.09M $91.69M $118.72M $159.83M $136.79M $110.62M $111.97M $202.61M $156.57M $113.24M $119.97M $149.82M $88.56M $95.99M $138.74M $160.95M
Operating Cash Flow $-80.00M $163.83M $199.33M $130.49M $21.61M $144.59M $-5.29M $309.70M $-134.66M $120.06M $57.92M $114.78M $-2.92M $270.66M $-33.04M $181.58M $98.11M $148.51M $-13.19M $22.00M
Capital Expenditure $-22.99M $-31.95M $-34.69M $-43.31M $-22.25M $-31.83M $-25.11M $-18.05M $-15.70M $-20.21M $-13.04M $-16.57M $-6.33M $-4.43M $-8.55M $-14.49M $-9.09M $-12.27M $-9.31M $-8.63M
Free Cash Flow $-102.99M $131.88M $164.64M $87.18M $-639.00K $112.76M $-30.40M $291.64M $-150.36M $99.85M $44.88M $98.21M $-9.25M $266.23M $-41.59M $167.09M $89.02M $136.24M $-22.50M $13.37M

Maximus Dividends

Explore Maximus's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

1.28%

Dividend Payout Ratio

23.75%

Dividend Paid & Capex Coverage Ratio

2.75x

Maximus Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.3 $0.3 February 14, 2025 February 15, 2025 February 28, 2025 January 05, 2025
$0.3 $0.3 November 15, 2024 November 15, 2024 November 30, 2024 October 05, 2024
$0.3 $0.3 August 15, 2024 August 15, 2024 August 31, 2024 July 05, 2024
$0.3 $0.3 May 14, 2024 May 15, 2024 May 31, 2024 April 05, 2024
$0.3 $0.3 February 14, 2024 February 15, 2024 February 29, 2024 January 11, 2024
$0.3 $0.3 November 14, 2023 November 15, 2023 November 30, 2023 October 10, 2023
$0.28 $0.28 August 14, 2023 August 15, 2023 August 31, 2023 July 11, 2023
$0.28 $0.28 May 12, 2023 May 15, 2023 May 31, 2023 April 11, 2023
$0.28 $0.28 February 14, 2023 February 15, 2023 February 28, 2023 January 10, 2023
$0.28 $0.28 November 14, 2022 November 15, 2022 November 30, 2022 October 10, 2022
$0.28 $0.28 August 12, 2022 August 15, 2022 August 31, 2022 July 08, 2022
$0.28 $0.28 May 12, 2022 May 13, 2022 May 31, 2022 April 12, 2022
$0.28 $0.28 February 14, 2022 February 15, 2022 February 28, 2022 January 11, 2022
$0.28 $0.28 November 12, 2021 November 15, 2021 November 30, 2021 October 14, 2021
$0.28 $0.28 August 12, 2021 August 13, 2021 August 31, 2021 July 13, 2021
$0.28 $0.28 May 13, 2021 May 14, 2021 May 28, 2021 April 15, 2021
$0.28 $0.28 February 11, 2021 February 12, 2021 February 26, 2021 January 12, 2021
$0.28 $0.28 November 12, 2020 November 13, 2020 November 30, 2020 October 06, 2020
$0.28 $0.28 August 13, 2020 August 14, 2020 August 31, 2020 July 07, 2020
$0.28 $0.28 May 14, 2020 May 15, 2020 May 29, 2020 April 07, 2020

Maximus News

Read the latest news about Maximus, including recent articles, headlines, and updates.

Maximus Total Experience Management (TXM) Adds Salesforce's Agentforce to Transform Customer Experience for Government

TYSONS, Va.--(BUSINESS WIRE)--Maximus announces new technology partnership with Salesforce.

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Should Value Investors Buy Maximus (MMS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Here's Why You Should Add Maximus Stock to Your Portfolio Now

MMS maintains solid relationships and a strong reputation with governments.

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Maximus (MMS) Upgraded to Strong Buy: Here's Why

Maximus (MMS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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Best Value Stocks to Buy for March 4th

MMS made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 4, 2025.

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After Plunging -13.4% in 4 Weeks, Here's Why the Trend Might Reverse for Maximus (MMS)

The heavy selling pressure might have exhausted for Maximus (MMS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

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Are Investors Undervaluing Maximus (MMS) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Maximus' Q1 Earnings & Revenues Beat Estimates, Increase Y/Y

MMS' first-quarter fiscal 2025 revenues and earnings rise 20.2% and 5.7% on a year-over-year basis.

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Maximus, Inc. (MMS) Q1 2025 Earnings Call Transcript

Maximus, Inc. (NYSE:MMS ) Q1 2025 Earnings Conference Call February 6, 2025 9:00 AM ET Company Participants Jessica Batt - Vice President of Investor Relations and ESG Bruce Caswell - President and Chief Executive Officer David Mutryn - Chief Financial Officer and Treasurer Conference Call Participants Charlie Strauzer - CJS Securities Brian Gesuale - Raymond James Operator Greetings and welcome to the Maximus Fiscal 2025 First Quarter Conference Call. At this time, all participants are in a listen-only mode.

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Maximus (MMS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Maximus (MMS) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Maximus (MMS) Q1 Earnings and Revenues Top Estimates

Maximus (MMS) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.34 per share a year ago.

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Maximus Reports Fiscal Year 2025 First Quarter Results

TYSONS, Va.--(BUSINESS WIRE)--Maximus reports financial results for the three months ending December 31, 2024.

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Best Value Stocks to Buy for January 13th

GBX, FHN and MMS made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 13, 2025.

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Maximus Schedules Fiscal 2025 First Quarter Conference Call

TYSONS, Va.--(BUSINESS WIRE)--Maximus schedules its first quarter earnings call for FY25 for Thursday, February 6, and will issue a release with its financial results that morning.

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Maximus Wins Contracts to Continue Medical Disability Exam Services for Veterans

TYSONS, Va.--(BUSINESS WIRE)--Maximus (NYSE: MMS), a leading employer and provider of government services, today announced that VES, a Maximus Company, was re-awarded contracts for domestic Regions 1 through 4, collectively spanning the continental U.S., to continue providing Medical Disability Exam (MDE) services on behalf of the VBA. The cumulative value of the award to VES more than accommodates current and anticipated production volumes over the contract term and each of the four regional c.

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Maximus Declares Quarterly Cash Dividend of $0.30 Per Share

TYSONS, Va.--(BUSINESS WIRE)--Maximus announces a quarterly cash dividend of $0.30 per share, payable on February 28, 2025, to shareholders of record on February 15, 2025.

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Is Maximus (MMS) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News image

Maximus (MMS) Loses -21.83% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Maximus (MMS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

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Maximus Completes Divestiture of Australia and South Korea in Outside the U.S. Segment

TYSONS, Va.--(BUSINESS WIRE)--Maximus divests all operations in Australia and South Korea, which were reported under the Outside the U.S. segment, to Angus Knight.

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Here's Why Maximus Stock is a Great Pick for You Right Now

MMS stock is benefiting from business process expansion on the back of strategic buyouts. Consistent dividend payments boost investor confidence.

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Maximus Earns URAC Accreditation for Health Utilization Management in Clinical Reviews

TYSONS, Va.--(BUSINESS WIRE)--Maximus has again earned URAC full accreditation for Health Utilization Management for clinical reviews.

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Down -16.15% in 4 Weeks, Here's Why Maximus (MMS) Looks Ripe for a Turnaround

Maximus (MMS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

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Maximus, Inc. (MMS) Q4 2024 Earnings Call Transcript

Maximus, Inc. (NYSE:MMS ) Q4 2024 Earnings Call Transcript November 21, 2024 9:00 AM ET Company Participants Jessica Batt - VP of IR and ESG Bruce Caswell - President and CEO David Mutryn - CFO Conference Call Participants Charlie Strauzer - CJS Securities Operator Greetings, and welcome to the Maximus Fiscal 2024 Fourth Quarter and Year End Earnings Conference Call. At this time, all participants are on a listen-only mode.

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Maximus' Q4 Revenues Surpass Estimates, Earnings Miss

Maximus' fourth-quarter fiscal 2024 earnings and revenues increase on a year-over-year basis.

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Maximus Reports Weak Earnings, Joins Atkore, PDD Holdings And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Thursday.

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Price: $22.85

Market Cap: $311.98M

F
First Advantage Corporation

FA

Price: $13.93

Market Cap: $2.42B

N
Network-1 Technologies, Inc.

NTIP

Price: $1.31

Market Cap: $30.11M

P
PFSweb, Inc.

PFSW

Price: $7.50

Market Cap: $170.59M

R
Rentokil Initial plc

RTO

Price: $22.89

Market Cap: $57.53B

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