MAXIMUS, INC.
About MAXIMUS, INC.
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
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Financial summary
- Revenue FY2025
- $5.4B
- Net income
- $319.0M
- Total assets
- $4.1B
- Market cap
- $3.2B
- Gross margin
- 24.6%
- Operating margin
- 9.7%
- Net margin
- 5.9%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $5.4B
- Cost of revenue
- $4.1B
- Gross profit
- $1.3B
- Operating expenses
- $805.2M
- Operating income
- $528.3M
- Income tax
- $125.8M
- Net income
- $319.0M
- EPS (basic)
- $5.56
- EPS (diluted)
- $5.51
Balance sheet
- Total assets
- $4.1B
- Current assets
- $1.3B
- Total liabilities
- $2.4B
- Current liabilities
- $765.2M
- Shareholders’ equity
- $1.7B
Cash flow
- Operating cash flow
- $429.4M
- Investing cash flow
- -$60.3M
- Financing cash flow
- -$343.9M
- Net cash flow
- $24.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $3.2B
- P/E ratio
- 10.8
- EPS (diluted)
- $5.51
- Dividend yield
- 2.21%
- Shares outstanding
- 53.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 13, 1997
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $319.0M in FY2025.
- Revenue grew 57% from FY2020 to FY2025.
- Gross margin of 24.6%, net margin 5.9%.
- Trading 40% below its 52-week high.
- Pays a dividend yielding about 2.21% annually.
- Valued at a price-to-earnings (P/E) ratio of 10.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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