Maximus Balance Sheet Health
Financial Health criteria checks 2/6
Maximus has a total shareholder equity of $1.8B and total debt of $1.7B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are $4.5B and $2.7B respectively. Maximus's EBIT is $559.4M making its interest coverage ratio 6.9. It has cash and short-term investments of $59.8M.
Key information
93.53%
Debt to equity ratio
US$1.66b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$59.78m |
| Equity | US$1.77b |
| Total liabilities | US$2.69b |
| Total assets | US$4.46b |
Recent financial health updates
Maximus (NYSE:MMS) Has A Pretty Healthy Balance Sheet
May 26
We Think Maximus (NYSE:MMS) Can Stay On Top Of Its Debt
Oct 01Recent updates
Maximus: A Stable Compounder Trading At Just 12x Earnings
Sep 23Maximus (NYSE:MMS) Ticks All The Boxes When It Comes To Earnings Growth
Sep 01Earnings Beat: Maximus, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 10Estimating The Intrinsic Value Of Maximus, Inc. (NYSE:MMS)
Jul 24Maximus (NYSE:MMS) Is Paying Out A Dividend Of $0.30
Jul 10Improved Earnings Required Before Maximus, Inc. (NYSE:MMS) Shares Find Their Feet
Jul 02Maximus (NYSE:MMS) Has A Pretty Healthy Balance Sheet
May 26Maximus, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Maximus (NYSE:MMS) Has Announced A Dividend Of $0.30
May 08Maximus' (NYSE:MMS) Returns On Capital Not Reflecting Well On The Business
May 01Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.30
Apr 11Maximus, Inc. (NYSE:MMS) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 01Calculating The Intrinsic Value Of Maximus, Inc. (NYSE:MMS)
Feb 24Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.30
Feb 06Maximus (NYSE:MMS) Will Pay A Dividend Of $0.30
Jan 23Maximus: Navigating Through Some Uncertainty
Jan 13Maximus (NYSE:MMS) Has Announced A Dividend Of $0.30
Jan 09Maximus, Inc.'s (NYSE:MMS) Business And Shares Still Trailing The Market
Dec 10Maximus (NYSE:MMS) Will Want To Turn Around Its Return Trends
Nov 11Maximus (NYSE:MMS) Is Paying Out A Dividend Of $0.30
Oct 24Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.30
Oct 10We Think Maximus (NYSE:MMS) Can Stay On Top Of Its Debt
Oct 01Maximus: An Undervalued Gem That Can Provide Double-Digit Returns
Sep 10
Tactical Investments And Government Contracts Propel Future Growth And Stability
Investing in technology and new contracts like the IRS and TSA indicates a focus on operational efficiency and a robust growth pipeline.Maximus: Market Leader And Non-Cyclical
Nov 28Financial Position Analysis
Short Term Liabilities: MMS's short term assets ($1.6B) exceed its short term liabilities ($706.2M).
Long Term Liabilities: MMS's short term assets ($1.6B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: MMS's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: MMS's debt to equity ratio has increased from 12.7% to 93.5% over the past 5 years.
Debt Coverage: MMS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MMS's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/23 14:51 |
| End of Day Share Price | 2025/09/23 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Maximus, Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Gillmor | Baird |
| James Kumpel | BB&T Capital Markets |
| Richard Close | Canaccord Genuity |