Maximus MMS Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 24.6%+1.0pp | 23.6%+2.6pp | 21%+0.7pp | 20.3%-2.0pp | |
| Operating margin | 9.7%+0.5pp | 9.2%+3.2pp | 6%-1.0pp | 7%-2.6pp | |
| Net margin | 5.9%+0.1pp | 5.8%+2.5pp | 3.3%-1.1pp | 4.4%-2.4pp | |
| EBITDA margin | 11.4%+0.5pp | 10.9%+3.0pp | 7.9%-1.1pp | 9%-1.7pp | |
| Free cash flow margin | 6.7%-0.8pp | 7.6%— | —— | 5%-7.2pp | |
| Returns | |||||
| Return on equity | 18.1%+0.7pp | 17.5%+7.4pp | 10.1%— | —— | |
| Return on assets | 7.8%+0.2pp | 7.6%+3.5pp | 4.1%-1.0pp | 5%-4.5pp | |
| Return on invested capital | 13%+0.6pp | 12.4%+4.9pp | 7.5%— | —— | |
| Efficiency | |||||
| Asset turnover | 1.3×0.0× | 1.3×+0.1× | 1.2×+0.1× | 1.1×-0.2× | |
| Liquidity | |||||
| Current ratio | 1.6×+0.2× | 1.5×0.0× | 1.5×+0.1× | 1.3×0.0× | |
| Quick ratio | 1.6×+0.2× | 1.5×0.0× | 1.5×+0.1× | 1.3×0.0× | |
| Cash ratio | 0.3×+0.1× | 0.2×+0.1× | 0.1×0.0× | 0.1×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 0.9×+0.2× | 0.7×-0.2× | 0.9×-0.1× | 1×— | |
| Debt-to-assets | 0.4×0.0× | 0.3×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Net debt / EBITDA | 2×+0.1× | 1.9×-1.6× | 3.5×0.0× | 3.5×0.0× | |
| Interest coverage | 6.3×+0.4× | 5.9×+2.4× | 3.5×-3.6× | 7.1×-20.6× | |
| Per Share | |||||
| Book value per share | $28.90-3.6% | $29.97+10.4% | $27.14+8.6% | $25.00— | |
| Valuation | |||||
| Market capitalization | $5.15B-9.5% | $5.69B+24.6% | $4.57B+30.3% | $3.5B-32.0% | |
| Enterprise value | $6.37B-6.1% | $6.78B+14.4% | $5.93B+19.3% | $4.97B-26.1% | |
| Price / earnings | 16.1×-2.4× | 18.5×-9.7× | 28.2×+11.0× | 17.2×-0.5× | |
| Price / sales | 0.9×-0.1× | 1.1×+0.1× | 0.9×+0.2× | 0.8×-0.5× | |
| Price / book | 3.1×0.0× | 3.1×+0.4× | 2.7×+0.5× | 2.3×— | |
| EV / EBITDA | 10.3×-1.4× | 11.7×-3.5× | 15.2×+3.3× | 11.9×-2.9× | |
| EV / sales | 1.2×-0.1× | 1.3×+0.1× | 1.2×+0.1× | 1.1×-0.5× | |
| Free cash flow yield | 7.1%+0.1pp | 7%— | —— | 6.7%-3.5pp | |
| Earnings yield | 6.2%+0.8pp | 5.4%+1.9pp | 3.5%-2.3pp | 5.8%+0.2pp | |
| Dividend yield | 1.3%+0.1pp | 1.3%-0.2pp | 1.5%-0.5pp | 2%+0.6pp | |
| PEG ratio | 4.1×+3.9× | 0.2×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Maximus's profit margins?
- Maximus (MMS) runs a 25.5% gross margin and a 11.0% operating margin, with a 7.0% net margin.
- Where do Maximus's ratios come from?
- Every ratio is computed from Maximus's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
