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Maximus, Inc. MMS | NYSE

$58.04 -$0.83 | -1.41%
TREND SIGNAL:Signal available — unlock to view |2026-10-12

Company Overview:

Market Cap: $3.04B
Trailing PE: 8.6x
FWD PE *: 7x
Payout Ratio (TTM): 18.4%
52-Week Range: $51.04 - $100.00

* Forward PE is based on street estimates.

10 Year MMS Performance Metrics:

Total Return (with DRIP): 19.9% (1.83% CAGR)
Total Return (no DRIP): 22.5% (2.05% CAGR)
Share Price: 6.2% (0.60% CAGR)
Yield on Cost (with DRIP): 2.73%
Total Invested: $10,000
Total Value (with DRIP): $11,991
Total Return $ (with DRIP): $1,991
Dividend Increase: 633% (22.65% CAGR)
Dividend Yield (FWD): 2.27% ($1.32)
MMS 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
MMS Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
MMS Price CAGR:1Y: -31.89%2Y: -20.09%5Y: -7.34%10Y: 0.60%
MMS Dividend Charts
MMS - Dividends
MMS Dividend CAGR:1Y: 10.00%2Y: 4.88%5Y: 3.34%10Y: 22.05%
MMS - Dividend Payout Ratio
MMS Dividend Payout Ratio CAGR:1Y: 4.57%2Y: -9.41%5Y: -1.75%10Y: 11.55%
MMS - Dividend to Free Cash Flow Ratio
MMS Dividend to FCF Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%

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MMS Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

MMS - Revenue
MMS Revenue CAGR:1Y: -5.15%2Y: -1.38%5Y: 0.56%10Y: 7.56%
MMS - Earnings Per Share (EPS)
MMS EPS CAGR:1Y: 4.84%2Y: 15.57%5Y: 5.25%10Y: 9.46%
MMS - Net Income
MMS Net Income CAGR:1Y: -2.25%2Y: 7.43%5Y: 1.86%10Y: 7.09%
MMS - EBITDA
MMS EBITDA CAGR:1Y: 5.41%2Y: 9.85%5Y: 6.26%10Y: 8.19%
MMS - Free Cash Flow
MMS Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
MMS - Free Cash Flow / Share
MMS Free Cash Flow / Share CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
MMS - Operating Income
MMS Operating Income CAGR:1Y: -2.60%2Y: 6.72%5Y: 2.95%10Y: 6.67%
MMS - Gross Profit
MMS Gross Profit CAGR:1Y: 3.66%2Y: 2.45%5Y: 3.63%10Y: 8.71%
MMS - Shares Outstanding
MMS Shares Outstanding CAGR:1Y: -6.89%2Y: -7.03%5Y: -3.21%10Y: -2.19%
MMS - Share Buybacks
MMS Share Buybacks CAGR:1Y: 499,070.00%2Y: 2.76%5Y: 0.00%10Y: 36.66%
MMS - Stock-Based Comp
MMS Stock-Based Comp CAGR:1Y: 60.53%2Y: 34.91%5Y: 18.63%10Y: 13.97%
MMS - Expenses
MMS Expenses CAGR:1Y: -22.65%2Y: -41.23%5Y: 6.98%10Y: -1.73%
MMS - Revenue by Segment
MMS Revenue CAGR:1Y: -5.15%2Y: -1.38%5Y: 0.56%10Y: 7.56%
MMS - Revenue by Region
MMS Revenue CAGR:1Y: -5.15%2Y: -1.38%5Y: 0.56%10Y: 7.56%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

MMS - REVENUE: Actual + Estimates
MMS Actual Revenue CAGR:1Y: -5.15%2Y: -1.38%5Y: 0.56%10Y: 7.56%
MMS - EPS: Actual + Estimates
MMS Actual EPS CAGR:1Y: 4.84%2Y: 15.57%5Y: 5.25%10Y: 9.46%
MMS - NET INCOME: Actual + Estimates
MMS Actual Net Income CAGR:1Y: -2.25%2Y: 7.43%5Y: 1.86%10Y: 7.09%
MMS - EBITDA: Actual + Estimates
MMS Actual EBITDA CAGR:1Y: 5.41%2Y: 9.85%5Y: 6.26%10Y: 8.19%

Ratios, Profit Margins & Return on Capital:

MMS - Net Profit Margin
MMS Net Profit Margin CAGR:1Y: 3.05%2Y: 8.90%5Y: 1.28%10Y: -0.43%
MMS - Gross Profit Margin
MMS Gross Profit Margin CAGR:1Y: 9.25%2Y: 3.88%5Y: 3.05%10Y: 1.06%
MMS - Price to Earnings
MMS Price to Earnings CAGR:1Y: -26.94%2Y: -31.10%5Y: -13.84%10Y: -8.91%
MMS - Price To Sales Ratio
MMS Price To Sales Ratio CAGR:1Y: -24.72%2Y: -24.94%5Y: -12.74%10Y: -9.31%
MMS - Return on Capital Employed
MMS Return on Capital Employed CAGR:1Y: -0.82%2Y: 1.24%5Y: 1.93%10Y: -6.41%
MMS - Return on Invested Capital
MMS Return on Invested Capital CAGR:1Y: -0.30%2Y: 1.36%5Y: 0.73%10Y: -5.89%

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MMS Dividends Info:

Annual Dividend: $1.32
Forward Yield: 2.27%
Ex-Dividend Date: 2026-11-13
Lifetime Dividends / Share: $11.52

MMS Dividend History: Dates, Payments & Yield list

Below is a schedule of all MMS dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield

Ex-Date Payment Date Amount Yield Forward Yield Price on Ex-Date
11/13/202611/30/2026$0.3302.27%0%$0.00
08/14/202608/31/2026$0.3302.39%2.28%$57.77
05/15/202606/01/2026$0.3302.22%2.11%$62.43
02/13/202603/02/2026$0.3301.77%1.79%$73.87
11/14/202512/01/2025$0.3001.5%1.38%$87.05
08/15/202509/01/2025$0.3001.42%1.41%$85.12
05/15/202506/02/2025$0.3001.59%1.69%$71.20
02/14/202502/28/2025$0.3001.77%1.84%$65.20
11/15/202412/02/2024$0.3001.52%1.62%$74.16
08/15/202409/02/2024$0.3001.35%1.35%$89.13
05/14/202405/31/2024$0.3001.39%1.39%$86.10
02/14/202402/29/2024$0.3001.45%1.43%$83.66
11/14/202311/30/2023$0.3001.52%1.44%$83.49
08/14/202308/31/2023$0.2801.36%1.39%$80.82
05/12/202305/31/2023$0.2801.41%1.38%$80.96
02/14/202302/28/2023$0.2801.35%1.36%$82.08
11/14/202211/30/2022$0.2801.8%1.59%$70.30
08/12/202208/31/2022$0.2801.74%1.85%$60.59
05/12/202205/31/2022$0.2801.74%1.73%$64.89
02/14/202202/28/2022$0.2801.48%1.42%$78.86
11/12/202111/30/2021$0.2801.32%1.48%$75.45
08/12/202108/31/2021$0.2801.37%1.29%$87.09
05/13/202105/28/2021$0.2801.27%1.21%$92.67
02/11/202102/26/2021$0.2801.33%1.38%$81.28
11/12/202011/30/2020$0.2801.53%1.56%$71.81
08/13/202008/31/2020$0.2801.46%1.44%$77.55
05/14/202005/29/2020$0.2801.74%1.56%$72.02
02/13/202002/28/2020$0.2801.51%1.78%$63.02
11/14/201911/29/2019$0.2801.46%1.5%$74.65
08/14/201908/30/2019$0.2501.32%1.3%$76.94
05/14/201905/31/2019$0.2501.4%1.4%$71.25
02/14/201902/28/2019$0.2501.39%1.41%$70.68
11/14/201811/30/2018$0.2501.53%1.41%$71.12
08/14/201808/31/2018$0.0450.28%0.27%$66.50
05/14/201805/31/2018$0.0450.29%0.3%$60.90
02/14/201802/28/2018$0.0450.27%0.27%$66.98
11/14/201711/30/2017$0.0450.28%0.26%$69.08
08/11/201708/31/2017$0.0450.3%0.3%$60.78
05/11/201705/31/2017$0.0450.28%0.29%$62.08
02/13/201702/28/2017$0.0450.31%0.3%$59.67
11/10/201611/30/2016$0.0450.37%0.33%$55.29
08/11/201608/31/2016$0.0450.3%0.31%$58.82
05/11/201605/31/2016$0.0450.33%0.31%$57.65
02/11/201602/29/2016$0.0450.39%0.37%$49.17
11/10/201511/30/2015$0.0450.26%0.32%$56.75
08/12/201508/31/2015$0.0450.3%0.3%$60.55
05/13/201505/29/2015$0.0450.28%0.28%$65.37
02/11/201502/27/2015$0.0450.31%0.3%$59.23
11/12/201411/28/2014$0.0450.36%0.34%$52.39
08/13/201408/29/2014$0.0450.46%0.44%$41.20
05/13/201405/30/2014$0.0450.42%0.4%$44.68
02/12/201402/28/2014$0.0450.38%0.38%$47.79
11/13/201311/29/2013$0.0450.39%0.4%$45.50
08/13/201308/30/2013$0.0450.45%0.48%$37.51
05/13/201305/31/2013$0.0450.48%0.48%$37.31
02/13/201302/28/2013$0.0450.5%0.49%$36.39
11/13/201211/30/2012$0.0450.62%0.57%$31.50
08/13/201208/31/2012$0.0450.68%0.66%$27.20
05/11/201205/31/2012$0.0450.77%0.79%$22.75
02/13/201202/29/2012$0.0450.81%0.86%$20.86
11/10/201111/30/2011$0.0450.87%0.87%$20.80
08/11/201108/31/2011$0.0450.94%0.97%$18.50
05/11/201105/31/2011$0.0380.71%0.72%$20.95
02/11/201102/28/2011$0.0380.84%0.81%$18.50
11/10/201011/30/2010$0.0300.77%0.79%$15.18
08/12/201008/31/2010$0.0300.85%0.89%$13.43
05/12/201005/28/2010$0.0300.77%0.8%$14.98
02/10/201002/26/2010$0.0300.88%0.83%$14.40
11/10/200911/30/2009$0.0301.04%1.03%$11.62
08/12/200908/31/2009$0.0301.16%1.15%$10.41
05/13/200905/29/2009$0.0301.13%1.2%$9.98
02/11/200902/27/2009$0.0301.29%1.3%$9.21
11/12/200811/28/2008$0.0251.52%1.27%$7.85
08/13/200808/29/2008$0.0251.07%1.08%$9.25
05/13/200805/30/2008$0.0251.04%1.09%$9.19
02/13/200802/29/2008$0.0251.07%1.1%$9.08
11/13/200711/30/2007$0.0250.85%1.03%$9.75
08/13/200708/31/2007$0.0250.95%0.93%$10.70
05/11/200705/31/2007$0.0250.99%0.93%$10.81
02/13/200702/28/2007$0.0251.34%1.33%$7.54
11/13/200611/30/2006$0.0251.41%1.37%$7.32
08/11/200608/31/2006$0.0251.49%1.5%$6.66
05/11/200605/31/2006$0.0251.22%1.26%$7.95
02/13/200602/28/2006$0.0251.11%1.1%$9.13
11/10/200511/30/2005$0.0251.07%1.1%$9.10
08/11/200508/31/2005$0.0251.07%1.06%$9.41
05/11/200505/31/2005$0.0251.22%1.17%$8.57
02/11/200502/28/2005$0.0251.27%1.18%$8.47

Projected Future Returns & Dividends for MMS

Based on past 10-year performance, here are MMS growth metrics:

Share price CAGR of +0.6%
Dividend CAGR of +22.05%

Using MMS CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

MMS (DRIP)MMS - No DRIP
Current Price$58.04$58.04
Start Shares172.29172.29
Start Value$10,000$10,000
  
After 10 years:
Final Share Count304.98172.29
Dividends Payment$1.70$1.70
Annual Dividends$2,074$1,172
Yield on cost20.74%11.72%
Share Price$61.63$61.63
Total Dividends$7,991$5,962
Final Value$18,795$16,580

Estimated Future Value + Dividends - MMS

NOTE: Above numbers are our estimate based on MMS's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Company Info

Maximus, Inc. (MMS) had its IPO on 1997-06-13, and is traded on NYSE stock exchange.

Maximus, Inc. specializes in delivering business process services (BPS) tailored for governmental health and human welfare initiatives. Its operations are structured into three main divisions: U.S. Services, U.S. Federal Services, and International Services. The U.S. Services division delivers a wide array of BPS solutions to state and local government programs across the United States. These offerings encompass program administration, handling appeals and evaluations, and providing specialized consulting. Key programs supported include the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, and child support initiatives, alongside Preadmission Screening and Resident Reviews and Independent Developmental Disability assessments. Furthermore, this segment facilitates program eligibility and enrollment, operates centralized multilingual contact centers with multichannel and digital self-service capabilities, offers application assistance and impartial health plan selection guidance, and conducts outreach, education, eligibility determination, enrollment, and redetermination for beneficiaries. It also performs person-centered independent assessments for disability, long-term illness, and other health conditions, complemented by targeted consulting services. The U.S. Federal Services segment focuses on providing critical support to federal government agencies. Its services include establishing and managing centralized citizen engagement centers, overseeing document and record management, offering case management and direct citizen support, and delivering consumer education. This division also handles independent medical reviews, appeals for worker's compensation benefits, Medicare and Medicaid appeals, and eligibility appeals for the federal marketplace. Additionally, it contributes to the modernization of systems and IT infrastructure, provides operational support for infrastructure, offers software development, operations, and management, and specializes in data analytics. Internationally, the company's "Outside the U.S." segment delivers BPS offerings to both governmental bodies and commercial enterprises. These services include health and disability evaluations, the administration of employment programs, and various other services aimed at assisting job seekers. Established in 1975, Maximus, Inc. maintains its corporate headquarters in Tysons, Virginia.

MMS website: https://www.maximus.com


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DCF Model — MMS

Value from:
Pay up to today
—
vs current price $58.04
—
Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
—
grows for the next years
Then mature
—
every future dollar counted back to today
Pile of today-dollars
—
÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →