Maximus, Inc. (MMS)
NYSE: MMS · Real-Time Price · USD
54.19
-1.11 (-2.01%)
Aug 11, 2026, 4:00 PM EDT - Market closed

Maximus Financials Overview

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Revenue
5,2485,4315,3064,9054,6314,254
Revenue Growth
-3.32%2.36%8.19%5.91%8.85%22.91%
Gross Profit
1,3431,3331,2521,029939.81946.98
Operating Income
578.99528.29488.5294.79325.9408.53
Net Income
370.89319.03306.91161.79203.83291.2
Earnings Per Share
6.775.514.992.633.294.67
EPS Growth
24.68%10.42%89.73%-20.06%-29.55%37.76%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
US Federal Services
3,0093,0682,7372,4042,2601,893
US Services
1,6791,7641,9121,8121,6081,662
Outside the US
561.23599.89657.14689.05763.66699.09
Revenue (Total)
5,2485,4315,3064,9054,6314,254

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash & Investments
56.95222.35183.1265.4140.66135.06
Total Debt
1,7321,4441,2771,4291,5061,708
Net Cash (Debt)
-1,675-1,222-1,094-1,364-1,465-1,572
Net Cash Growth
------
Net Cash Per Share
-30.46-21.09-17.79-22.19-23.65-25.21

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Operating Cash Flow
469.51429.37515.26314.34289.84517.32
Capital Expenditures
-36.28-63.21-114.19-90.7-56.15-36.57
Free Cash Flow
433.23366.16401.07223.65233.69480.76
Free Cash Flow Growth
--8.70%79.33%-4.30%-51.39%135.80%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Gross Margin
25.59%24.55%23.59%20.97%20.29%22.26%
Operating Margin
11.03%9.73%9.21%6.01%7.04%9.60%
Pretax Margin
9.36%8.19%7.66%4.29%5.98%9.02%
Profit Margin
7.07%5.87%5.78%3.30%4.40%6.84%
FCF Margin
8.25%6.74%7.56%4.56%5.05%11.30%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Dividend Per Share
1.3201.2001.2001.1201.1201.120
Dividend Per Share Growth
7.50%0%7.14%0%0%0%
Dividend Yield
2.44%1.31%1.28%1.49%1.92%1.33%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
PE Ratio
8.0416.5818.6728.4017.5917.82
Forward PE
6.5412.3615.7214.1413.4020.58
P/FCF Ratio
6.5513.6814.0220.3715.0510.72
PS Ratio
0.540.921.060.930.761.21