Maximus, Inc. (MMS)

Maximus Income Statement

Financials in millions USD. Fiscal year is October - September.

Year Ending	TTM	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	5,124	4,905	4,631	4,254	3,462	2,887
Revenue Growth (YoY)	7.67%	5.91%	8.85%	22.91%	19.91%	20.67%
Cost of Revenue	3,951	3,876	3,691	3,308	2,751	2,216
Gross Profit	1,173	1,029	939.81	946.98	711	671.18
Selling, General & Admin	687.97	639.22	534.49	494.09	387.09	321.02
Other Operating Expenses	92.41	94.59	79.42	44.36	35.63	33.05
Operating Expenses	780.39	733.81	613.91	538.45	422.72	354.08
Operating Income	392.52	294.79	325.9	408.53	288.28	317.11
Interest Expense / Income	83.41	84.14	45.97	14.74	2.06	2.96
Other Expense / Income	1.11	0.36	2.84	10.11	-0.84	-3.5
Pretax Income	308	210.29	277.1	383.68	287.06	317.65
Income Tax	73.33	48.5	73.27	92.48	72.55	76.83
Net Income	234.67	161.79	203.83	291.2	214.51	240.82
Net Income Growth	36.29%	-20.62%	-30.00%	35.75%	-10.93%	9.09%
Shares Outstanding (Basic)	61	61	62	62	63	64
Shares Outstanding (Diluted)	62	61	62	62	63	65
Shares Change	0.39%	-0.84%	-0.63%	-1.51%	-2.31%	-1.69%
EPS (Basic)	3.83	2.65	3.30	4.69	3.40	3.73
EPS (Diluted)	3.81	2.63	3.29	4.67	3.39	3.72
EPS Growth	36.07%	-20.06%	-29.55%	37.76%	-8.87%	11.04%
Free Cash Flow	186.91	223.65	250.13	480.76	203.89	289.88
Free Cash Flow Per Share	3.05	3.66	4.05	7.75	3.23	4.49
Dividend Per Share	1.160	1.120	1.120	1.120	1.120	1.000
Dividend Growth	3.57%	0%	0%	0%	12.00%	455.56%
Gross Margin	22.89%	20.97%	20.29%	22.26%	20.54%	23.25%
Operating Margin	7.66%	6.01%	7.04%	9.60%	8.33%	10.98%
Profit Margin	4.58%	3.30%	4.40%	6.84%	6.20%	8.34%
Free Cash Flow Margin	3.65%	4.56%	5.40%	11.30%	5.89%	10.04%
Effective Tax Rate	23.81%	23.06%	26.44%	24.10%	25.27%	24.19%
EBITDA	528.84	443.75	455.86	489.14	389.28	406.06
EBITDA Margin	10.32%	9.05%	9.84%	11.50%	11.25%	14.07%
Depreciation & Amortization	137.43	149.32	132.8	90.72	100.16	85.46
EBIT	391.4	294.43	323.06	398.43	289.12	320.61
EBIT Margin	7.64%	6.00%	6.98%	9.36%	8.35%	11.11%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).