Maximus (MMS)
(Delayed Data from NYSE)
$89.98 USD
-0.56 (-0.62%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $90.00 +0.02 (0.02%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum B VGM
Company Summary
Headquartered in Reston, VA, Maximus operates government health and human services programs globally. With more than 39,600 employees across the globe, Maximus has presence in the United States, Australia, Canada, Saudi Arabia, Singapore and the United Kingdom.
With government agencies being the main clients of Maximus, U.S. state government agencies contributed nearly 37%, 35% and 39% to revenues in fiscal 2023, 2022 and 2021, respectively. Foreign government agencies accounted for almost 14%, 16% and 16% of revenues in fiscal 2023, 2022 and 2021, respectively. U.S. federal government agencies generated 48%, 47% and 42% of revenues in the respective years. Other sources including local municipalities and ...
Company Summary
Headquartered in Reston, VA, Maximus operates government health and human services programs globally. With more than 39,600 employees across the globe, Maximus has presence in the United States, Australia, Canada, Saudi Arabia, Singapore and the United Kingdom.
With government agencies being the main clients of Maximus, U.S. state government agencies contributed nearly 37%, 35% and 39% to revenues in fiscal 2023, 2022 and 2021, respectively. Foreign government agencies accounted for almost 14%, 16% and 16% of revenues in fiscal 2023, 2022 and 2021, respectively. U.S. federal government agencies generated 48%, 47% and 42% of revenues in the respective years. Other sources including local municipalities and commercial customers recorded 1%, 2% and 3% of revenues in fiscal 2023, 2022 and 2021, respectively.
The company contracts with government clients on the basis of four pricing arrangements — performance-based, cost-plus, fixed-price and time-and-materials. Of the total contracts in fiscal 2023, 2022 and 2021, performance-based contracts accounted for 50%, 45% and 33%, respectively, cost-plus accounted for 25%, 27% and 29%, fixed-price contracts constituted 15%, 14% and 13% in each of the years and time-and-materials accounted for 10%, 14% and 25%.
During fiscal 2023, Maximus generated $4.9 billion in revenues. It operates through three business segments: U.S. Services, U.S. Federal Services and Outside the United States.
U.S. Services: The 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. It accounted for 37% of fiscal 2023 revenues.
U.S. Federal Services: The segment offers business process solutions and system and software development and maintenance services to several U.S. federal civilian programs. It contributed 49% to fiscal 2023 revenues.
Outside the United States: The 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. It accounted for 14% of fiscal 2023 revenues.
General Information
Maximus, Inc
1600 Tysons Boulevard
McLean, VA 22102
Phone: 703-251-8500
Fax: 703-251-8240
Email: ir@maximus.com
Industry | Government Services |
Sector | Business Services |
Fiscal Year End | September |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/20/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.47 |
Current Year EPS Consensus Estimate | 6.12 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/20/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 90.54 |
52 Week High | 93.97 |
52 Week Low | 72.39 |
Beta | 0.76 |
20 Day Moving Average | 347,563.16 |
Target Price Consensus | 0.00 |
4 Week | -1.92 |
12 Week | 4.99 |
YTD | 7.30 |
4 Week | -3.09 |
12 Week | 0.54 |
YTD | -10.25 |
Shares Outstanding (millions) | 60.18 |
Market Capitalization (millions) | 5,414.73 |
Short Ratio | NA |
Last Split Date | 7/1/2013 |
Dividend Yield | 1.33% |
Annual Dividend | $1.20 |
Payout Ratio | 0.20 |
Change in Payout Ratio | -0.07 |
Last Dividend Payout / Amount | 8/15/2024 / $0.30 |
Fundamental Ratios
P/E (F1) | 14.72 |
Trailing 12 Months | 15.15 |
PEG Ratio | NA |
vs. Previous Year | 123.08% |
vs. Previous Quarter | 10.83% |
vs. Previous Year | 10.62% |
vs. Previous Quarter | -2.48% |
Price/Book | 3.01 |
Price/Cash Flow | 14.12 |
Price / Sales | 1.03 |
6/30/24 | 20.91 |
3/31/24 | 18.02 |
12/31/23 | 15.68 |
6/30/24 | 9.12 |
3/31/24 | 7.67 |
12/31/23 | 6.55 |
6/30/24 | 1.59 |
3/31/24 | 1.53 |
12/31/23 | 1.69 |
6/30/24 | 1.59 |
3/31/24 | 1.53 |
12/31/23 | 1.69 |
6/30/24 | 6.96 |
3/31/24 | 5.98 |
12/31/23 | 5.21 |
6/30/24 | 5.59 |
3/31/24 | 4.58 |
12/31/23 | 3.73 |
6/30/24 | 7.47 |
3/31/24 | 6.01 |
12/31/23 | 4.86 |
6/30/24 | 29.92 |
3/31/24 | 29.32 |
12/31/23 | 28.15 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.61 |
3/31/24 | 0.63 |
12/31/23 | 0.71 |
6/30/24 | 37.70 |
3/31/24 | 38.53 |
12/31/23 | 41.57 |