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Maximus Inc (MMS)

Maximus Inc (MMS)
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Maximus, Inc. operates government health and human services programs globally. The company contracts with government clients on the basis of four pricing arrangements, performance-based, cost-plus, fixed-price and time-and-materials. It operates through three business segments: U.S. Health & Human Services, U.S. Federal Services and Outside the United States. U.S. Services segment offers multiple business process services, such as program administration, appeals and assessments services, and related consulting work for U.S. state and local government programs. The segment offers business process solutions and system and software development and maintenance services to several U.S. federal civilian programs. Outside the United States segment offers business process services for governments and commercial clients outside the United States, including health and disability assessments, program administration and case management for employment services and other work-support programs.

Fiscal Year End Date: 09/30

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 5,431,280 5,306,200 4,904,730 4,631,020 4,254,490
Sales Growth +2.36% +8.19% +5.91% +8.85% +22.91%
Net Income 319,030 306,910 161,790 203,830 291,200
Net Income Growth +3.95% +89.70% -20.63% -30.00% +35.75%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 4,069,640 4,131,510 3,985,800 3,992,710 4,118,970
Total Assets Growth -1.50% +3.66% -0.17% -3.07% +103.44%
Total Liabilities 2,395,600 2,288,690 2,317,960 2,443,340 2,638,640
Total Liabilities Growth +4.67% -1.26% -5.13% -7.40% +237.04%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow 429,370 515,260 314,340 289,840 517,320
Operating Cash Flow Growth -16.67% +63.92% +8.45% -43.97% +111.51%
Net Cash Flow 24,700 113,670 -14,700 -19,780 68,010
Change in Net Cash Flow -78.27% +873.27% +25.68% -129.08% +343.50%
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