Maximus (MMS) stock price, revenue, and financials

Maximus market cap is $4.1 b, and annual revenue was $2.89 b in FY 2019

$4.1 B

MMS Mkt cap, 25-Sept-2020

$901.3 M

Maximus Revenue Q3, 2020
Maximus Gross profit (Q3, 2020)185.6 M
Maximus Gross profit margin (Q3, 2020), %20.6%
Maximus Net income (Q3, 2020)64.5 M
Maximus EBIT (Q3, 2020)87.3 M
Maximus Cash, 30-Jun-202081.5 M
Maximus EV4.4 B

Maximus Revenue

Maximus revenue was $2.89 b in FY, 2019

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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 Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

929.6m1.1b1.3b1.7b2.1b2.4b2.5b2.4b2.9b

Revenue growth, %

28%23%14%2%

Cost of goods sold

676.0m762.2m945.2m1.2b1.6b1.8b1.8b1.8b2.2b

Gross profit

253.7m287.9m386.0m452.1m512.7m562.2m611.9m594.4m671.2m

Gross profit Margin, %

27%27%29%27%24%23%25%25%23%

General and administrative expense

132.1m157.4m284.5m285.2m321.0m

Operating expense total

131.3m160.4m284.5m298.9m354.1m

Depreciation and amortization

12.2m10.3m33.1m

EBIT

122.4m127.6m225.3m259.8m286.6m313.5m295.5m317.1m

EBIT margin, %

13%12%13%12%12%13%12%11%

Interest expense

1.4m4.1m2.2m1.0m3.0m

Interest income

3.5m4.2m2.9m2.1m

Pre tax profit

125.9m131.8m189.1m227.4m259.8m286.0m314.2m299.2m317.3m

Income tax expense

43.8m55.7m71.9m82.0m99.8m105.8m102.1m78.4m76.8m

Net Income

81.2m76.1m116.7m145.4m160.0m180.2m212.2m220.8m240.8m

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

214.1m227.1m238.3m239.6m243.5m266.4m286.3m326.4m334.3m406.6m439.0m419.9m467.0m481.8m572.3m556.7m606.5m617.1m607.6m622.0m600.4m623.1m1.2b1.8b664.6m736.5m730.7m818.2m818.1m901.3m

Cost of goods sold

158.2m164.1m171.9m179.8m178.7m187.7m209.7m228.9m239.8m300.7m318.3m307.3m347.8m357.4m428.5m446.5m458.8m465.7m462.7m469.7m448.3m471.2m935.2m1.4b505.4m567.1m556.5m642.8m665.0m715.7m

Gross profit

56.0m63.1m66.4m59.8m64.8m78.7m76.5m97.4m94.6m105.9m120.7m112.6m119.3m124.3m143.8m110.2m147.7m151.4m144.8m152.3m152.2m152.0m300.8m455.4m159.3m169.4m174.2m175.5m153.1m185.6m

Gross profit Margin, %

26%28%28%25%27%30%27%30%28%26%27%27%26%26%25%20%24%25%24%24%25%24%24%25%24%23%24%21%19%21%

General and administrative expense

28.7m33.6m35.3m32.8m38.0m43.9m42.2m46.7m49.2m52.6m55.1m57.3m54.0m59.4m67.0m64.2m66.0m69.7m65.4m68.6m68.3m69.6m142.1m211.7m79.7m78.1m81.6m87.2m106.9m89.6m

Operating expense total

28.7m33.6m35.6m32.9m37.4m45.4m42.5m46.7m50.2m52.6m55.1m57.3m54.0m59.4m67.0m64.2m66.0m69.7m65.4m68.6m68.3m69.6m142.1m211.7m85.1m87.6m90.7m96.3m115.8m98.3m

Depreciation and amortization

2.7m5.3m7.8m5.5m9.5m9.0m9.1m8.9m8.7m

EBIT

27.3m29.5m30.8m26.9m27.4m33.3m34.0m50.7m44.4m65.2m62.0m71.1m42.8m77.9m84.6m73.8m80.3m81.8m79.7m151.0m233.6m74.1m81.8m83.6m79.1m37.3m87.3m

EBIT margin, %

13%13%13%11%11%13%12%16%13%14%13%12%8%13%14%12%13%14%13%12%13%11%11%11%10%5%10%

Interest expense

989.0k1.3m1.0m849.0k744.0k458.0k168.0k325.0k410.0k625.0k1.6m420.0k484.0k465.0k616.0k

Interest income

961.0k1.1m824.0k1.2m1.1m637.0k701.0k721.0k183.0k9.0k901.0k219.0k

Pre tax profit

27.8m30.4m31.7m28.0m28.2m34.5m35.1m51.4m45.1m54.0m65.1m55.3m66.1m62.2m70.4m42.9m78.8m83.6m73.2m80.0m82.7m79.8m152.4m237.1m75.6m80.7m83.7m79.4m37.4m86.0m

Income tax expense

10.2m11.4m11.8m(2.4m)14.0m14.0m(611.0k)19.7m17.1m20.2m24.0m21.2m23.8m23.2m28.1m16.0m29.5m30.9m26.9m26.9m24.9m19.9m37.3m61.8m19.8m18.9m20.8m20.6m9.8m21.6m

Net Income

17.5m18.2m19.9m17.7m14.3m20.5m21.3m31.7m28.1m33.9m41.2m34.1m42.4m39.0m42.3m26.9m49.3m52.8m46.3m53.1m57.8m60.0m115.1m175.3m55.9m61.9m62.9m58.7m27.7m64.5m

Maximus Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

173.0m189.3m125.6m158.1m74.7m66.2m166.3m349.2m105.6m

Accounts Receivable

146.9m172.7m394.3m357.6m476.7m

Prepaid Expenses

27.2m38.5m55.6m44.0m62.5m

Inventories

32.0m56.7m60.1m56.7m55.6m

Current Assets

391.3m448.7m489.6m532.5m580.9m621.0m657.2m808.6m789.4m

PP&E

51.7m58.8m77.7m80.2m137.8m131.6m101.7m77.5m99.6m

Goodwill

71.3m112.0m171.9m170.6m376.3m397.6m403.0m399.9m584.5m

Total Assets

565.3m695.3m858.0m901.0m1.3b1.3b1.4b1.5b1.7b

Accounts Payable

55.5m71.3m150.7m122.1m114.4m177.8m

Short-term debt

42.0k178.0k170.0k9.7m

Current Liabilities

163.9m199.1m262.3m265.3m356.4m340.8m316.3m277.4m364.2m

Long-term debt

1.7m1.6m1.3m210.6m165.3m527.0k

Total Debt

1.7m1.7m1.5m210.6m165.3m527.0k9.7m

Total Liabilities

190.8m244.2m595.7m404.9m375.6m497.5m

Common Stock

377.6m396.0m487.5m498.4m

Retained Earnings

401.2m464.5m106.3m125.9m188.6m323.6m492.1m633.3m794.7m

Total Equity

374.5m451.1m529.5m556.2m615.7m753.1m945.8m1.1b1.2b

Debt to Equity Ratio

0 x0.2 x0 x

Debt to Assets Ratio

0 x0.1 x0 x

Financial Leverage

1.5 x1.5 x1.6 x1.6 x2.1 x1.8 x1.4 x1.3 x1.4 x

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

177.0m183.2m204.0m191.0m229.5m168.9m167.1m187.3m187.9m120.6m131.3m182.9m149.2m114.5m81.9m51.0m60.8m50.6m69.8m94.9m104.4m196.9m253.2m229.0m54.7m46.8m71.1m149.5m126.3m81.5m

Accounts Receivable

114.6m138.2m125.7m149.9m140.7m157.8m198.9m205.4m221.3m486.9m491.6m525.9m511.7m529.9m626.5m

Prepaid Expenses

24.2m26.6m29.4m39.3m38.2m36.7m36.5m49.9m49.7m47.6m53.3m53.3m59.9m

Current Assets

363.4m396.8m411.9m411.8m441.6m417.5m454.2m493.6m502.9m482.9m535.5m554.4m523.5m570.0m583.1m558.1m600.3m563.2m587.5m618.0m589.5m718.8m759.0m739.3m723.0m740.0m739.4m843.9m863.5m979.5m

PP&E

48.5m49.4m50.4m50.2m50.7m57.2m58.3m58.8m63.4m73.3m71.0m72.0m83.4m103.2m118.2m138.1m137.5m136.3m121.8m112.9m106.6m95.9m90.7m84.9m81.4m76.7m84.7m92.4m80.8m73.3m

Goodwill

72.2m72.8m73.3m72.0m72.7m104.7m112.0m111.7m109.3m172.2m173.2m175.5m166.5m162.2m379.9m387.1m401.2m398.9m393.5m395.0m397.4m403.3m405.1m400.9m585.7m587.8m583.7m586.7m585.8m586.8m

Total Assets

536.7m572.6m590.1m584.4m615.8m651.6m705.9m744.4m759.1m844.2m897.0m922.1m892.3m955.0m1.3b1.3b1.3b1.3b1.3b1.3b1.3b1.4b1.4b1.4b1.7b1.7b1.7b2.0b2.0b2.1b

Accounts Payable

53.6m62.2m61.6m62.5m67.3m60.8m82.8m80.6m87.7m105.7m109.7m101.3m113.7m126.1m164.5m161.9m135.7m133.2m134.5m130.5m111.9m133.4m119.6m98.5m152.5m169.1m182.6m174.7m191.5m217.8m

Short-term debt

11.4m86.0k132.0k171.0k176.0k172.0k167.0k164.0k158.0k164.0k5.1m3.7m3.6m7.0m88.0m81.9m

Current Liabilities

152.8m161.3m166.3m163.8m177.0m185.6m195.7m209.8m226.2m233.7m256.0m261.4m254.0m272.8m366.0m319.3m307.4m300.9m289.1m298.4m285.5m279.3m279.4m244.0m312.2m320.8m356.7m432.7m438.3m502.5m

Long-term debt

1.5m1.8m1.8m1.6m1.6m1.5m1.5m1.4m1.3m1.2m1.1m1.2m166.8m245.0m286.0m210.7m150.3m115.6m15.5m12.1m120.3m75.3m268.0k121.6m259.5m248.4m

Total Debt

1.5m1.8m13.2m1.7m1.8m1.7m1.7m1.6m1.5m1.4m1.3m1.3m166.8m245.0m286.0m210.7m150.3m115.6m15.5m12.1m120.3m75.3m268.0k128.6m347.5m330.3m

Total Liabilities

179.6m190.0m194.1m192.5m205.1m221.9m244.2m251.2m268.1m305.1m325.3m333.6m333.8m366.7m635.2m662.8m679.4m592.6m534.0m493.1m393.4m393.9m364.2m345.3m551.9m520.1m476.0m690.8m821.9m868.0m

Common Stock

360.2m367.7m374.3m385.1m389.5m395.4m403.7m407.7m411.4m492.9m498.3m503.2m504.2m511.0m517.2m

Retained Earnings

346.3m361.8m375.8m415.8m426.8m444.1m482.6m511.1m79.3m114.4m139.4m145.0m134.1m169.8m208.4m183.1m228.8m275.8m338.5m387.9m441.8m547.2m599.6m594.9m664.3m705.8m752.4m833.3m677.6m724.4m

Total Equity

357.2m382.6m396.0m391.9m410.7m429.7m461.7m493.2m491.0m539.1m571.6m588.5m558.4m588.2m640.4m612.7m663.4m705.5m762.4m823.4m890.1m1.0b1.1b1.1b1.1b1.2b1.2b1.3b1.1b1.2b

Debt to Equity Ratio

0 x0 x0 x0.3 x0.4 x0.4 x0.3 x0.2 x0.1 x0 x0 x0.1 x0.1 x0 x

Debt to Assets Ratio

0 x0 x0 x0.1 x0.2 x0.2 x0.2 x0.1 x0.1 x0 x0 x0.1 x0 x0 x

Financial Leverage

1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.6 x1.6 x1.6 x1.6 x1.6 x2 x2.1 x2 x1.8 x1.7 x1.6 x1.4 x1.4 x1.3 x1.3 x1.5 x1.4 x1.4 x1.5 x1.7 x1.7 x

Maximus Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

81.2m76.1m116.7m145.4m160.0m180.2m212.2m220.8m240.5m

Depreciation and Amortization

22.8m26.5m35.8m9.3m(13.4m)12.2m62.2m85.5m

Accounts Receivable

(11.6m)(7.2m)53.0m34.0m(60.3m)

Inventories

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

Accounts Payable

7.3m6.5m(28.3m)(7.7m)47.6m

Cash From Operating Activities

96.9m115.2m120.9m213.6m206.2m180.0m337.2m323.5m356.7m

Purchases of PP&E

(18.5m)(18.4m)(43.6m)(36.3m)(99.0m)(24.2m)(436.8m)

Cash From Investing Activities

(26.9m)(86.6m)(25.2m)(46.3m)(483.9m)

Long-term Borrowings

(44.0k)(172.0k)(15.2m)(121.6m)(136.8m)(405.1m)

Dividends Paid

(10.3m)(12.2m)(12.3m)(12.2m)(11.9m)(11.7m)(14.6m)(66.5m)

Cash From Financing Activities

(50.6m)(17.8m)(215.4m)(91.9m)(110.9m)

Net Change in Cash

17.6m16.4m100.1m183.0m(240.1m)

Income Taxes Paid

45.2m44.3m2.0m(11.0m)9.1m(13.1m)8.9m

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

17.5m35.7m55.6m17.7m32.0m52.5m21.3m53.0m81.1m33.9m75.1m109.2m42.4m81.4m123.6m26.9m76.2m129.0m46.3m99.4m157.2m60.0m115.1m175.3m55.7m117.5m180.5m58.7m86.4m150.8m

Depreciation and Amortization

5.2m10.8m16.5m6.1m11.5m18.5m10.0m17.9m25.8m12.0m23.8m36.3m1.4m3.3m3.1m3.3m3.5m3.4m3.4m5.5m15.0m24.0m9.1m18.0m26.7m

Accounts Receivable

22.1m(1.6m)10.9m(2.5m)7.3m7.1m(26.4m)(33.3m)(50.1m)(69.9m)(72.7m)(108.1m)(31.0m)(52.9m)(147.6m)

Accounts Payable

3.9m12.3m7.5m7.8m12.3m(3.3m)10.5m8.7m16.5m11.4m(3.2m)(23.7m)26.6m42.1m53.5m2.4m22.3m48.6m

Cash From Operating Activities

29.6m35.4m69.4m27.6m69.0m85.1m9.6m38.9m88.6m41.9m76.5m165.2m56.6m62.1m181.0m1.4m21.9m108.1m59.3m127.2m263.7m87.3m109.3m96.1m

Purchases of PP&E

(2.4m)(6.5m)(11.0m)(2.6m)(6.6m)(11.9m)(7.1m)(13.4m)(24.9m)(4.4m)(9.5m)(18.4m)(12.8m)(44.2m)(68.2m)(9.7m)(28.4m)

Cash From Investing Activities

(4.7m)(10.3m)(16.6m)(886.0k)(5.9m)(78.2m)(10.5m)(18.0m)(34.9m)(411.7m)(420.1m)(440.7m)(10.5m)(21.6m)(27.4m)

Long-term Borrowings

(44.0k)(87.0k)(130.0k)(42.0k)(15.1m)(15.1m)(39.0k)(70.0m)(241.5m)(316.6m)(86.3m)(191.3m)(279.0m)

Dividends Paid

(2.1m)(4.6m)(7.2m)(3.0m)(6.1m)(9.1m)(3.1m)(6.1m)(9.2m)(3.1m)(6.1m)(9.2m)(3.0m)(5.9m)(9.0m)(2.9m)(5.9m)(16.2m)(32.1m)(50.5m)(18.3m)(36.2m)(53.4m)

Cash From Financing Activities

(5.1m)(971.0k)(9.6m)(11.3m)(11.6m)(13.6m)(21.1m)(21.9m)(39.5m)59.0m(8.6m)(99.6m)(33.8m)(63.6m)(89.0m)

Net Change in Cash

21.7m27.8m48.7m18.1m56.6m(4.0m)(22.2m)(2.0m)(1.4m)(294.5m)(302.1m)(277.6m)44.5m22.3m(20.5m)

Income Taxes Paid

6.1m10.2m6.2m18.8m19.6m37.5m(3.0m)(22.6m)(965.0k)16.9m20.7m5.4m9.6m18.6m5.9m

Maximus Ratios

USDQ1, 2011

Financial Leverage

1.5 x

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

Maximus Employee Rating

3.11772 votes
Culture & Values
2.8
Work/Life Balance
3
Senior Management
2.6
Salary & Benefits
2.9
Career Opportunities
2.8
Source