Maximus, Inc.

Maximus, Inc.

MMSยทNYSE

$60.14

+0.86%
IndustrialsSpecialty Business Services

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.

At a Glance

Live Snapshot
Market Cap$3.16B
EPS5.5600
P/E Ratio10.82
Earnings Date08/06/2026
3Y+2.0%
5Y+101.0%
10Y+202.0%
3Y-2.0%
5Y+206.0%
10Y+302.0%
3Y+8.0%
5Y+35.0%
10Y+122.0%
mms

Maximus, Inc. Funding & Solvency Profile

MMS ยท NYSE
Cash & Cash Equivalents260.46M
Net Receivables902.00M
Inventory0.00
Other Current Assets90.47M
Total Current Assets1 B
Property, Plant & Equipment131.49M
Goodwill & Intangible Assets2.53B
Long-Term Investments5.50M
Other Non-Current Assets133.62M
Total Non-Current Assets271 M
Total Assets
4.07B

Financial Health Analysis

Current Ratio

1.64x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.43x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

488 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

31% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Maximus, Inc. Balance Sheet

MMS โ€ข NYSE

Maximus, Inc. Balance SheetSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009Sep 2008Sep 2007Sep 2006
ASSETS
CURRENT ASSETS
260.5M
235.8M
122.1M
136.8M
156.6M
71.7M
105.6M
349.2M
166.3M
66.2M
74.7M
158.1M
125.6M
189.3M
173M
155.3M
87.8M
120.6M
70.5M
39.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
20.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
126.2M
117.3M
260.5M
235.8M
122.1M
136.8M
156.6M
71.7M
105.6M
369.5M
166.3M
66.2M
74.7M
158.1M
125.6M
189.3M
173M
155.3M
87.8M
120.6M
196.7M
156.9M
902M
884.8M
843.4M
809.3M
840.2M
788.3M
621.4M
395.1M
435.3M
498.1M
427.1M
289.6M
293M
183.2M
154.1M
153.5M
149.5M
160.3M
175.2M
210.1M
898.1M
879.5M
826.9M
807.1M
834.8M
786.2M
600.6M
389.1M
430.8M
480.8M
396.2M
263M
264.3M
172.7M
146.9M
153.5M
148.8M
128.9M
175.2M
201.1M
3.9M
5.3M
16.6M
2.2M
5.4M
2.1M
20.8M
6M
4.5M
17.3M
30.9M
26.6M
28.7M
10.5M
7.2M
0.0
736K
0.0
0.0
9M
0.0
0.0
0.0
0.0
0.0
-2.1M
-20.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
36.6M
31.5M
0.0
0.0
0.0
0.0
0.0
0.0
82.7M
72.5M
62.5M
44M
55.6M
56.7M
39.4M
46.1M
44.6M
3.8M
13M
29.9M
27.3M
7.8M
9.2M
8.3M
90.5M
80M
89.9M
86.3M
0.0
2.1M
20.8M
0.0
0.0
0.0
20.7M
38.7M
26.4M
72.3M
46.5M
17.5M
18.2M
31.4M
17.7M
8.4M
1.3B
1.2B
1.1B
1B
1.1B
932.6M
789.4M
808.6M
657.2M
621M
580.9M
532.5M
489.6M
448.7M
391.3M
356.1M
292.1M
325.1M
398.7M
383.7M
NON-CURRENT ASSETS
131.5M
172.6M
202.8M
185.1M
242M
243.9M
99.6M
77.5M
101.7M
131.6M
137.8M
80.2M
77.7M
58.8M
78.4M
48.9M
45.3M
34M
35.9M
33.4M
1.8B
1.8B
1.8B
1.8B
1.8B
593.1M
584.5M
399.9M
403M
397.6M
376.3M
170.6M
171.9M
112M
71.3M
71.3M
61M
60.7M
86.1M
86.7M
752.5M
818.2M
811.5M
863.6M
922M
183.9M
211.6M
110.5M
125.5M
139.2M
134.8M
79M
82.5M
52.7M
5.7M
32.5M
21.4M
17.8M
3.6M
39.6M
2.5B
2.6B
2.6B
2.6B
2.7B
777.1M
796.1M
510.3M
528.5M
536.7M
511.1M
249.6M
254.4M
164.8M
77M
103.7M
82.5M
78.5M
89.7M
126.3M
5.5M
12.6M
31.4M
31.4M
0.0
57.7M
51.8M
48.7M
44.8M
41.5M
19.4M
1.1M
24.6M
18.5M
16M
6.7M
7M
0.0
-17.4M
-6.8M
11.5M
14.8M
2.5M
5M
990K
1.9M
186K
6.8M
7.7M
8.6M
19M
28.1M
1.2M
1.4M
732K
1.8M
1.2M
10.9M
17.4M
6.8M
133.6M
129.9M
103M
95.8M
100.1M
11.6M
8.6M
10M
10.7M
9.4M
11.9M
9.5M
10.5M
3.2M
1.9M
10.4M
5.2M
10.4M
40.1M
15.1M
2.8B
2.9B
2.9B
3B
3B
1.1B
956.3M
653.4M
693.4M
727.8M
699.3M
368.5M
368.4M
246.6M
174M
171.6M
141.1M
133.9M
165.7M
174.8M
4.1B
4.1B
4B
4B
4.1B
2B
1.7B
1.5B
1.4B
1.3B
1.3B
901M
858M
695.3M
565.3M
527.7M
433.2M
458.9M
564.5M
558.5M
LIABILITIES
CURRENT LIABILITIES
314.2M
329.9M
282.5M
265.3M
312.3M
258.7M
177.8M
114.4M
122.1M
150.7M
155.4M
107.9M
109M
76.2M
60.6M
56.4M
50.6M
61.6M
54.4M
54.5M
296.9M
303.3M
282.1M
264.6M
305.6M
253.3M
177.8M
114.4M
122.1M
150.7M
155.4M
103.2M
109M
73.1M
55.5M
49.2M
44.4M
49M
54.4M
54.5M
17.3M
26.5M
451K
718K
6.8M
5.4M
0.0
0.0
0.0
0.0
0.0
4.7M
0.0
3.1M
5.1M
7.2M
12.4M
12.7M
0.0
0.0
236.9M
237.1M
194.3M
178.2M
186.8M
137.1M
106.8M
95.6M
105.7M
96.5M
99.7M
94.1M
83.3M
56.1M
5.8M
49.3M
31.7M
26.7M
31.5M
26M
91.3M
87.8M
136.7M
127.5M
156.6M
10.9M
9.7M
136K
141K
277K
356K
157K
170K
178K
42K
0.0
0.0
417K
1.6M
1.7M
0.0
0.0
0.0
0.0
0.0
80.7M
14M
4.3M
4.7M
8M
11.7M
0.0
8.3M
-1.8M
0.0
0.0
0.0
417K
0.0
0.0
17.3M
26.5M
451K
718K
6.8M
5.4M
14M
4.4M
4.7M
8M
11.7M
4.7M
8.3M
3.1M
5.1M
7.1M
7.5M
12.7M
5.5M
0.0
53.8M
83.2M
60.5M
87.1M
98.6M
51.7M
43.3M
51.2M
71.7M
73.7M
77.6M
55.9M
53.1M
61.8M
47.9M
58.1M
22.2M
19.7M
38.5M
54.4M
68.9M
69.5M
49.1M
116.4M
35.1M
22.1M
12.7M
16.2M
16.7M
19.6M
23.3M
7.3M
16.7M
4.8M
49.6M
923K
23M
68.2M
5.5M
0.0
765.2M
807.5M
723M
774.4M
789.4M
561.2M
364.2M
277.4M
316.3M
340.8M
356.4M
265.3M
262.3M
199.1M
163.9M
164.7M
127.5M
173.3M
131.6M
136.6M
NON-CURRENT LIABILITIES
1.3B
1.1B
1.2B
1.3B
1.4B
18M
0.0
0.0
527K
165.3M
210.6M
1.1M
1.3M
1.6M
1.7M
1.4M
0.0
0.0
0.0
0.0
43.8M
45.1M
38.8M
21.4M
35.9M
27.3M
32.3M
20.4M
28.2M
40M
53M
32.3M
33M
19.6M
2.6M
4.1M
6.5M
8.3M
10.1M
-2M
149M
169.1M
203.9M
206.1M
194.6M
24.7M
46.6M
26.4M
20.1M
16.8M
15.2M
21.4M
16.4M
10.4M
11.9M
4.9M
243K
1.6M
12.9M
14.9M
84.8M
77.8M
59.7M
62.7M
67.7M
47.6M
54.4M
51.4M
39.8M
32.8M
38M
24.8M
15.5M
13.6M
10.8M
13.8M
1.9M
3.4M
0.0
0.0
1.6B
1.5B
1.6B
1.7B
1.8B
221.7M
133.3M
98.1M
88.6M
254.9M
308.1M
79.5M
66.2M
45.1M
26.9M
24.3M
8.6M
9.9M
23.5M
17M
71.3M
97.2M
129.4M
86.2M
121.8M
184.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
417K
417K
2M
2.4B
2.3B
2.3B
2.4B
2.6B
782.9M
497.5M
375.6M
404.9M
595.7M
664.5M
344.8M
328.5M
244.2M
190.8M
189M
136.1M
183.2M
155.1M
153.6M
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-429.6M
-416.9M
-359.4M
-319.1M
-289.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
628.1M
598.3M
577.9M
558M
532.4M
514M
498.4M
487.5M
475.6M
461.7M
446.1M
429.9M
415.3M
396M
377.6M
352.7M
338.7M
328.3M
175.2M
156.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
396M
377.6M
352.7M
338.7M
328.3M
175.2M
156.3M
1.1B
1.3B
1.1B
1B
987.8M
770.5M
794.7M
633.3M
492.1M
323.6M
188.6M
125.9M
106.3M
464.5M
401.2M
330.9M
269.3M
231M
232.5M
249.5M
-17.9M
-32.5M
-27.6M
-34M
-39.9M
-42.6M
-45.4M
-37M
-27.6M
-36.2M
-22.4M
230K
8M
20.2M
12.5M
14.5M
8.3M
5.5M
1.7M
-916K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-396M
-377.6M
-352.7M
-338.7M
-328.3M
-175.2M
-156.3M
1.7B
1.8B
1.7B
1.5B
1.5B
1.2B
1.2B
1.1B
940.1M
749.1M
614.8M
556M
529.5M
451.1M
374.5M
338.8M
297.1M
275.7M
409.4M
404.9M
1.7B
1.8B
1.7B
1.5B
1.5B
1.2B
1.2B
1.1B
945.8M
753.1M
618.2M
556.2M
529.8M
451.1M
374.5M
338.8M
297.1M
275.7M
409.4M
404.9M
0.0
0.0
0.0
0.0
0.0
0.0
409K
2.6M
5.7M
4.1M
3.3M
223K
267K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
SUMMARY
4.1B
4.1B
4B
4B
4.1B
2B
1.7B
1.5B
1.4B
1.3B
1.3B
901M
858M
695.3M
565.3M
527.7M
433.2M
458.9M
564.5M
558.5M
5.5M
12.6M
31.4M
31.4M
0.0
57.7M
51.8M
68.9M
44.8M
41.5M
19.4M
1.1M
24.6M
18.5M
16M
6.7M
7M
0.0
108.8M
110.5M
1.4B
1.3B
1.4B
1.5B
1.7B
213.7M
9.7M
136K
668K
165.6M
211M
1.2M
1.5M
1.7M
1.7M
1.4M
0.0
417K
2M
3.7M
1.2B
1B
1.3B
1.4B
1.6B
141.9M
-95.9M
-349.1M
-165.6M
99.4M
136.3M
-156.9M
-124.1M
-187.6M
-171.3M
-153.9M
-87.8M
-120.2M
-68.4M
-35.8M
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629
56,349,629

SEC Filings

MMS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 27, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 10, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

January 22, 2026
March 10, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 15, 2025
2025
10-K

10-K 2025 FY

FY

November 20, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 20, 2025
November 20, 2025
2025
Showing 1 to 10 of 389 filings