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Maximus MMS Share Buybacks

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$3.1B-33.5%
Enterprise value$4.77B-25.2%
P/E8.4×-6.4×
P/S0.6×-0.3×

Profitability

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Gross margin25.6%+1.6pp
Operating margin11%+1.5pp
Net margin7.1%+1.2pp
FCF margin4.1%-1.5pp

Returns & leverage

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

Where this comes from

Reported directly by Maximus in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The source filing: Maximus’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:47 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001032220-26-000035
Line itemFor the Nine Months Ended / June 30, 2026For the Nine Months Ended / June 30, 2025
Net cash used in investing activities(14,410)(57,115)
Cash flows from financing activities:
Cash dividends paid to Maximus shareholders(51,437)(51,865)
Purchases of Maximus common stock(204,919)(306,443)
Tax withholding related to RSU vesting(17,325)(16,451)
Payments for debt financing costs(2,393)(1,658)
Proceeds from borrowings1,368,6751,335,208
Principal payments for debt(1,065,935)(810,174)

Item 1. Financial Statements

FAQ

What is Maximus's share buybacks?
Maximus (MMS) reported share buybacks of $49.92M in Q2 2026.
What is the long-term trend for Maximus's share buybacks?
Over 3 years (2022 to 2025), Maximus's share buybacks has grown at a 67.0% compound annual growth rate (CAGR), from $96.12M to $447.48M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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