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Maximus MMS Return on invested capital

Return on invested capital at other companies

General Dynamics logo
General DynamicsGD
14%+0.9pp
Leidos Holdings logo
Leidos HoldingsLDOS
15.8%-0.6pp
Booz Allen Hamilton logo
Booz Allen HamiltonBAH
23.1%-1.7pp
Accenture logo
AccentureACN
26.7%-2.3pp
Aramark logo
AramarkARMK
6.7%+0.4pp
The GEO Group logo
The GEO GroupGEO
6.8%-1.7pp

Other financials

Income statement

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Revenue$1.3B-4.1%
Gross profit$342.3M+1.0%
Operating income$148.5M-2.9%
Net income$98.1M+1.5%
EPS (diluted)$1.80+6.5%

Balance sheet

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Cash & equivalents$157.5M+45.7%
Total debt$1.6B+0.5%
Total equity$1.7B+1.8%
Total assets$4.2B+0.9%

Cash flow

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Operating cash flow-$244.4M-206%
CapEx$10.5M-38.9%
Free cash flow-$250.7M-143%

Valuation

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Market cap$2.94B-9.4%
Enterprise value$4.41B-7.5%
P/E7.9×-2.9×
P/S0.6×0.0×

Profitability

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Gross margin25.5%+1.8pp
Operating margin11%+1.8pp
Net margin7%+1.5pp
FCF margin4.1%-1.5pp

Returns & leverage

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Return on equity22.2%+4.8pp
Debt / equity0.0×
Current ratio2.2×+0.4×

Where this comes from

Calculated from Maximus’s reported figures.

Based on trailing twelve months.

The official record: Maximus’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Maximus's return on invested capital?
Maximus (MMS) reported return on invested capital of 13.8% in Q1 2026.
How has Maximus's return on invested capital changed year-over-year?
Maximus's return on invested capital increased by 21.2% year-over-year, from 11.4% to 13.8%.
What is the long-term trend for Maximus's return on invested capital?
Over 3 years (2020 to 2025), Maximus's return on invested capital has grown at a -6.0% compound annual growth rate (CAGR), from 15.7% to 13%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.