OverviewSuggest Edit

Maximus provides business process services to government health and human services programs. The Company's Health Services segment offers various BPS, appeals, and assessments, as well as related consulting services. The company's U.S. Federal Services segment offers services, including centralized customer contact centers and support services; documents and records management; and case management, citizen engagement, and consumer education. Its Human Services segment provides national, state, and local human services agencies with various BPS and related consulting services for welfare-to-work, child support, and higher education.

TypePublic
Founded1975
HQReston, US
Websitemaximus.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Sep 2018)18,600(-10%)
Job Openings446
Revenue (FY, 2018)$2.4 B(-2%)
Share Price (Jun 2019)$74.4

Key People/Management at Maximus

Bruce Caswell

Bruce Caswell

CEO

Maximus Office Locations

Maximus has offices in Reston, Falls Church, Riyadh, Springwood and in 3 other locations
Reston, US (HQ)
1891 Metro Center Dr
Falls Church, US
3120 Fairview Park Dr #400
Springwood, AU
141 Barbaralla Dr
Victoria, CA
716 Yates St
Singapore, SG
1 Gateway Dr
London, GB
63-64 New Broad St
Show all (7)

Maximus Financials and Metrics

Maximus Revenue

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Maximus's revenue was reported to be $2.39 b in FY, 2018
USD

Revenue (Q3, 2019)

730.7m

Gross profit (Q3, 2019)

174.2m

Gross profit margin (Q3, 2019), %

23.8%

Net income (Q3, 2019)

63.0m

EBIT (Q3, 2019)

83.6m

Market capitalization (10-Jun-2019)

4.7b

Closing stock price (10-Jun-2019)

74.4

Cash (30-Jun-2019)

71.1m

EV

4.7b
Maximus's current market capitalization is $4.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.3b1.7b2.1b2.4b2.5b2.4b

Revenue growth, %

28%23%14%2%

Cost of goods sold

945.2m1.2b1.6b1.8b1.8b1.8b

Gross profit

386.0m452.1m512.7m562.2m611.9m594.4m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

406.6m439.0m419.9m467.0m481.8m572.3m556.7m606.5m617.1m607.6m622.0m600.4m623.1m1.2b1.8b664.6m736.5m730.7m

Cost of goods sold

300.7m318.3m307.3m347.8m357.4m428.5m446.5m458.8m465.7m462.7m469.7m448.3m471.2m935.2m1.4b505.4m567.1m556.5m

Gross profit

105.9m120.7m112.6m119.3m124.3m143.8m110.2m147.7m151.4m144.8m152.3m152.2m152.0m300.8m455.4m159.3m169.4m174.2m

Gross profit Margin, %

26%27%27%26%26%25%20%24%25%24%24%25%24%24%25%24%23%24%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

125.6m158.1m74.7m66.2m166.3m349.2m

Accounts Receivable

394.3m

Prepaid Expenses

55.6m

Inventories

32.0m56.7m60.1m56.7m55.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

120.6m131.3m182.9m149.2m114.5m81.9m51.0m60.8m50.6m69.8m94.9m104.4m196.9m253.2m229.0m54.7m46.8m71.1m

Current Assets

482.9m535.5m554.4m523.5m570.0m583.1m558.1m600.3m563.2m587.5m618.0m589.5m718.8m759.0m739.3m723.0m740.0m739.4m

PP&E

73.3m71.0m72.0m83.4m103.2m118.2m138.1m137.5m136.3m121.8m112.9m106.6m95.9m90.7m84.9m81.4m76.7m84.7m

Goodwill

172.2m173.2m175.5m166.5m162.2m379.9m387.1m401.2m398.9m393.5m395.0m397.4m403.3m405.1m400.9m585.7m587.8m583.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

116.7m145.4m160.0m180.2m212.2m220.8m

Depreciation and Amortization

35.8m9.3m(13.4m)12.2m

Inventories

(2.5m)(2.5m)(6.5m)(2.0m)55.6m

Accounts Payable

(28.3m)(7.7m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

33.9m75.1m109.2m42.4m81.4m123.6m26.9m76.2m129.0m46.3m99.4m157.2m60.0m115.1m175.3m55.7m117.5m180.5m

Depreciation and Amortization

12.0m23.8m36.3m1.4m3.3m3.1m3.3m3.5m3.4m3.4m

Accounts Payable

11.4m(3.2m)(23.7m)26.6m42.1m53.5m

Cash From Operating Activities

41.9m76.5m165.2m56.6m62.1m181.0m1.4m21.9m108.1m
USDY, 2019

EV/EBIT

59.8 x

Financial Leverage

1.4 x
Show all financial metrics

Maximus Operating Metrics

Maximus's Backlog was reported to be $4b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Backlog

$3.80 b$4.60 b$4 b
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Maximus Revenue Breakdown

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Maximus revenue breakdown by business segment: 56.3% from Health Services, 22.3% from U.S. Federal Services and 21.4% from Human Services

Maximus revenue breakdown by geographic segment: 14.1% from United Kingdom, 9.5% from Australia, 72.0% from United States and 4.3% from Other

Maximus Online and Social Media Presence

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Maximus News and Updates

Ghana’s tax-driven plan to scan telecom traffic stokes privacy fears

The human rights court in Accra dismissed the concerns of critics who worry that the new system could intercept the content of people’s messages. Ghanaian citizens and political advocates took their government to court over plans to implement a so-called “Common Platform,” a technical system that wo…

A rare winter storm in Rome brought snowball fights to the Vatican

Rome was covered in snow this morning (Feb. 26), a rarity in the Italian capital, which typically enjoys mild Mediterranean winters. Reportedly the biggest snowfall…

How Maharashtrian is Mumbai, really?

Figures differ and are controversial but everyone broadly agrees that something like 60% of the population of Mumbai comprises non-Maharashtrians. The state’s politicians say that…

Mobile Crushers and Screeners Market to Witness an Outstanding Growth by 2025

The ever-growing population and the quick pace of urbanization has triggered the need for metal & mineral products and construction facilities. Posted via Industry Today. Follow us on Twitter @IndustryToday

Maximus Blogs

Friday Five: Medicare spends less than 5% of budget on primary care

In this week’s Friday Five, MAXIMUS is reading about Medicare’s low primary care spending percentage, the need to train more home health workers, social determinants of health, and an overdue technology upgrade for the IRS. 1. Primary care accounts for small fraction of Medicare spending Despite e…

Friday Five: Experts worry home healthcare workers will not be able to meet demands of aging population

In this week’s Friday Five, MAXIMUS is reading about Idaho’s move toward Medicaid expansion, states convening to improve their SNAP and job skills programs, the mounting financial burden of the home healthcare shortage, why a bot is coming to the IRS, and how states are helping nursing homes increa…

Global Health Challenges – An Aging Population

Dr. Michael Weiner, Chief Medical Officer at MAXIMUS, shares his insights into the aging population and the central role innovation plays in addressing this unprecedented challenge. Tags: Global Health Clinical Perspectives Health Wellbeing Mental Health Aging Populations Healthcare Delivery Mo…

Friday Five: Utah is first state to have partial Medicaid expansion approved

In this week’s Friday Five, MAXIMUS is reading about Utah’s partial Medicaid expansion, expanding access to opioid treatment in West Virginia, job skills training for Medicaid enrollees, and federal policies around automation technology. 1. CMS approves Utah’s partial Medicaid expansion plan The C…

Friday Five: Are residents isolated in home and community-based care? CMS releases new guidance.

In this week’s Friday Five, MAXIMUS is reading about Medicaid expansion, resident isolation in home and community-based care, CIOs’ role in improving digital services, a judge’s decision to block Medicaid work requirements, and a wave of Medicaid changes that could be coming to your state. 1. Holdo…

Let’s Go for a Walk

As the excitement of the New Year winds down, March is often a perfect time to settle into a new health routine. Many of us brought forward personal hopes for weight loss, exercise, better nutrition, quitting smoking and improving our mental wellbeing. The Center for Disease Control (CDC) has ident…
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Maximus Frequently Asked Questions

  • When was Maximus founded?

    Maximus was founded in 1975.

  • Who are Maximus key executives?

    Maximus's key executives are Bruce Caswell.

  • How many employees does Maximus have?

    Maximus has 18,600 employees.

  • What is Maximus revenue?

    Latest Maximus annual revenue is $2.4 b.

  • What is Maximus revenue per employee?

    Latest Maximus revenue per employee is $128.6 k.

  • Who are Maximus competitors?

    Competitors of Maximus include Navigant Consulting, Deloitte and KPMG.

  • Where is Maximus headquarters?

    Maximus headquarters is located at 1891 Metro Center Dr, Reston.

  • Where are Maximus offices?

    Maximus has offices in Reston, Falls Church, Riyadh, Springwood and in 3 other locations.

  • How many offices does Maximus have?

    Maximus has 7 offices.