Skip to content
Screener
Maximus logo

Maximus

MMS

Maximus, Inc. is a leading provider of government services, specializing in the administration of large-scale public programs.

Market cap
$3.05B-38.9%
Revenue$5.2B-3.3%
Net income$370.9M+17.3%
Free cash flow$56.0M-74.4%
EPS (diluted)$6.76+24.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 19, 2026 (in 2 months)
Revenue estimate$1.3B
EPS estimate$1.88

Financials

Q3 2026

Income statement

See full
Revenue$1.3B-5.1%
Gross profit$348.8M-3.0%
Operating income$161.4M-2.6%
Net income$103.6M-2.3%
EPS (diluted)$1.95+4.8%

Balance sheet

See full
Cash & equivalents$57.0M-4.7%
Total debt$1.7B-2.7%
Total equity$1.7B-1.8%
Total assets$4.4B-2.1%

Cash flow

See full
Operating cash flow-$125.0M+31.6%
CapEx$12.0M-22.6%
Free cash flow-$137.0M+30.9%

Valuation & ratios

Valuation

See full
Market cap$3.05B-38.9%
Enterprise value$4.72B-29.2%
P/E8.2×-7.4×
P/S0.6×-0.3×

Profitability

See full
Gross margin25.6%+1.6pp
Operating margin11%+1.5pp
Net margin7.1%+1.2pp

Returns & leverage

See full
Return on equity21.1%+3.5pp
Debt / equity0.0×
Current ratio2.4×+0.1×

Segments

By product

See full
Program Operations$602.8M-3.9%
Clinical Services$553.1M-1.3%
Technology Solutions$67.2M-15.1%
Employment & Other$55.9M-31.8%

By segment

See full
U.S. Services$418.2M-4.9%
Outside the U.S.$139.8M-5.2%

Competitors

Profile

Maximus, Inc. is a leading provider of government services, specializing in the administration of large-scale public programs. The company partners with government agencies to deliver essential health and human services, focusing on program management, clinical assessments, and technology-driven business process outsourcing.

Competitive position

A dominant player in the government services market with a specialized focus on health and human services administration.

GeographiesUnited States, United Kingdom, Canada, Saudi Arabia
Customer segmentsFederal Government, State and Local Government, Public Health Agencies
Business modelB2G (Business-to-Government), Business Process Outsourcing (BPO), Service-based
SuppliersCloud Infrastructure Providers, Specialized Labor, Software Vendors
CustomersGovernment Agencies, Public Program Beneficiaries
Listed1997
Employees39.6K
CEOBruce L. Caswell
FilingsSEC EDGAR

FAQ

What is Maximus's market cap?
Maximus (MMS) has a market capitalization of $3.0B and trades on NYSE.
What is Maximus's revenue and profitability?
Maximus generated $5.2B in trailing twelve-month revenue with net income of $370.9M, representing a net margin of 7.1%. Gross margin stands at 25.6%, with free cash flow of $56.0M. The latest reported period is Q3 2026.
Who are Maximus's competitors?
Maximus's key competitors include Booz Allen Hamilton, Conduent, Leidos, and others. These companies compete in similar markets and product categories.
Who does Maximus partner with?
Maximus's notable partners include Amazon Web Services, Microsoft.
What subsidiaries does Maximus have?
Maximus's subsidiaries include Attain Federal, Vangent, Aidvantage.
Where is Maximus headquartered?
Maximus is headquartered in United States of America and employs approximately 39,600 people. It has been publicly traded since 1997.