MAXIMUS (MMS)
NYSE Market Closed
MAXIMUS, Inc. is a government services company that helps public agencies administer complex health, human services, and citizen support programmes. Its work sits between public policy and day-to-day service delivery, converting rules, eligibility standards, and compliance requirements into operating systems that can serve large populations.
The company is best known for supporting programmes where governments need scale, accuracy, and consistent citizen engagement. These include health insurance eligibility and enrollment, Medicaid and other public benefit support, call centre operations, case management, independent medical reviews, appeals processing, and clinical assessment services. MAXIMUS also provides technology-enabled services that help agencies modernise workflows, manage data, and improve access to digital and phone-based support.
MAXIMUS reports through U.S. Federal Services, U.S. Services, and Outside the U.S. segments. Its largest source of revenue is U.S. Federal Services, where it works with federal agencies on programme administration, clinical services, technology solutions, and ongoing maintenance support. The U.S. Services segment focuses on state and local government clients, while the international business applies similar capabilities in selected non-U.S. markets.
For investors, MAXIMUS is distinctive because its revenue is tied to outsourced government programme delivery rather than a conventional consumer or industrial cycle. Demand is influenced by public-sector budgets, contract awards, healthcare policy, and the need for agencies to improve citizen access while controlling administrative costs. The company’s competitive position depends on execution quality, regulatory knowledge, contract compliance, and its ability to manage large, mission-critical operations.
Last updated
- Market Cap
- 3.21B
- P/E
- 8.61
- P/FCF
- 8.64
- P/S
- 0.6
- Enterprise Value
- 4.59B
- Sector
- Industrials
- Industry
- Commercial Services & Supplies
- Address
- ATTN: TREASURY DEPT., MCLEAN, VA, 22102
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 3.21B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 4.59B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 8.61
- P/B
P/B ratio compares a company's share price to its book value per share.
- 1.89
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 0.6
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 6.39
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 0.86
- EPS
- 7.1
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 2.11%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 8.64
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 7.81
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- 371.99M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 22%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 8.81%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.9
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.21
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 2.21
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.23
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 744.72K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 61.18
Income Statement
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue | 1.31B | 1.35B | 1.32B | 1.35B | 1.36B |
| Gross profit | 342.26M | 318.67M | 333.55M | 359.51M | 338.82M |
| Operating income | 148.49M | 146.21M | 122.86M | 165.67M | 152.97M |
| EBITDA | 181.11M | 179.4M | 160.04M | 198.29M | 185.4M |
| Net income | 98.06M | 93.94M | 75.29M | 105.98M | 96.57M |
| Basic EPS | 1.81 | 1.71 | 1.34 | 1.87 | 1.7 |
| Diluted EPS | 1.8 | 1.7 | 1.31 | 1.86 | 1.69 |
Balance Sheet
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Total assets | 4.24B | 4.21B | 4.07B | 4.46B | 4.2B |
| Total liabilities | 2.54B | 2.49B | 2.4B | 2.69B | 2.53B |
| Total equity | 1.7B | 1.72B | 1.67B | 1.77B | 1.67B |
| Cash & equivalents | 157.45M | 137.59M | 222.35M | 59.78M | 108.06M |
| Current assets | 1.51B | 1.42B | 1.25B | 1.61B | 1.33B |
| Current liabilities | 681.69M | 608.05M | 765.16M | 706.15M | 721.24M |
Cash Flow
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Operating cash flow | 189.53M | -244.4M | 649.37M | -182.72M | 42.71M |
| Investing cash flow | -10.51M | 6.63M | -3.15M | -15.49M | -19.37M |
| Financing cash flow | -113.28M | 156.9M | -490.67M | 146.12M | 8.93M |
| Change in cash | 65.17M | -80.93M | 155.08M | -50.56M | 33.07M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — MAXIMUS, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — MAXIMUS, INC. | View Filing | |
| edgar index | 10-Q — MAXIMUS, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — MAXIMUS, INC. | View Filing | |
| edgar index | 3 — MAXIMUS, INC. | View Filing | |
| form 3 | Form 3 — Moellering Elizabeth | View Filing | |
| edgar index | SCHEDULE 13G/A — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 144 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — Madsen Jan | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 8-K — MAXIMUS, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — RAJAN GAYATHRI | View Filing | |
| form 4 | Form 4 — Warren Michael J. | View Filing | |
| form 4 | Form 4 — Altman Anne K. | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — Madsen Jan | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — MONTONI RICHARD A | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — MONTONI RICHARD A | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — HALEY JOHN J | View Filing | |
| form 4 | Form 4 — Caswell Bruce | View Filing | |
| form 4 | Form 4 — Caswell Bruce | View Filing | |
| form 4 | Form 4 — Caswell Bruce | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — Mutryn David | View Filing | |
| edgar index | 8-K — MAXIMUS, INC. | View Filing | |
| edgar index | 10-Q — MAXIMUS, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — MAXIMUS, INC. | View Filing | |
| edgar index | DEFA14A — MAXIMUS, INC. | View Filing | |
| edgar index | ARS — MAXIMUS, INC. | View Filing | |
| edgar index | 4/A — MAXIMUS, INC. | View Filing | |
| edgar index | 8-K — MAXIMUS, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 144 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — Link Michelle F. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| edgar index | 4 — MAXIMUS, INC. | View Filing | |
| form 4 | Form 4 — Link Michelle F. | View Filing | |
| form 4 | Form 4 — Link Michelle F. | View Filing |
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