Stock AnalizMaximus, Inc. MMS
Business Services · IPO 1997 · data as of November 13, 2026
Maximus, Inc. (MMS) is a consumer discretionary company listed in the US with a market value of about $3.4B. In the twelve months to June 30, 2026 it had revenue of $5.2B and net income of $371M, a net margin of 7.1%.
Its overall Stock Analiz score is 3.6 out of 5 (good). The strongest part is value (5/5); the weakest is future growth (2/5).
Key numbers: a P/E of 9.6, a price to free cash flow of 7.8, 5-year revenue growth of 9% a year, a 5-year average ROIC of 10%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 39% above the current price.
Score: 3.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
Checks not passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year average ROIC above 12%
- More cash than debt, or low debt to equity
- Debt below 3 years of free cash flow
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2B | $5.4B | $5.3B | $4.9B | $4.6B | $4.3B | $3.5B | $2.9B | $2.4B | $2.5B | $2.4B |
| Net income | $371M | $319M | $307M | $162M | $204M | $291M | $215M | $241M | $221M | $209M | $178M |
| Free cash flow | $433M | $366M | $401M | $224M | $234M | $481M | $204M | $290M | $290M | — | — |
| EPS (diluted) | $6.76 | $5.51 | $4.99 | $2.63 | $3.29 | $4.67 | $3.39 | $3.72 | $3.35 | $3.17 | $2.69 |
| Net margin | 7.1% | 5.9% | 5.8% | 3.3% | 4.4% | 6.8% | 6.2% | 8.3% | 9.2% | 8.5% | 7.4% |
| ROIC | — | 12.2% | 11.8% | 7.3% | 7.8% | 9.7% | 14.8% | 16.3% | 20.1% | 22.5% | 19.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $92.50, 43% above the current price; targets range from $75.00 to $110.00; the consensus rating is “none”; expected EPS is $8.01 for the fiscal year ending September 30, 2026.
Frequently asked questions
What is Maximus’s P/E ratio?
About 9.6, based on the last twelve months of diluted earnings per share (forward P/E about 8.1).
Is Maximus stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 39% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Maximus pay a dividend?
Yes. The dividend yield is about 2.02%, and it has paid dividends for 10 years in our data.
Is Maximus a good stock to buy?
We do not give buy or sell advice. Maximus scores 3.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.