Maximus Management
Management criteria checks 4/4
Maximus' CEO is Bruce Caswell, appointed in Oct 2014, has a tenure of 10.17 years. total yearly compensation is $7.35M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $19.92M. The average tenure of the management team and the board of directors is 2.9 years and 7.3 years respectively.
Key information
Bruce Caswell
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 11.6% |
| CEO tenure | 10.2yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.9yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Maximus, Inc.'s (NYSE:MMS) Business And Shares Still Trailing The Market
Dec 10
Maximus (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 10Maximus, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 11Maximus, Inc.'s (NYSE:MMS) Intrinsic Value Is Potentially 77% Above Its Share Price
Jul 30Maximus, Inc.'s (NYSE:MMS) Earnings Haven't Escaped The Attention Of Investors
Jul 12Earnings Beat: Maximus, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 12Maximus' (NYSE:MMS) Returns On Capital Not Reflecting Well On The Business
May 03An Intrinsic Calculation For Maximus, Inc. (NYSE:MMS) Suggests It's 29% Undervalued
Mar 30We Think Maximus (NYSE:MMS) Can Stay On Top Of Its Debt
Feb 25Maximus, Inc. (NYSE:MMS) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 10There Are Reasons To Feel Uneasy About Maximus' (NYSE:MMS) Returns On Capital
Jan 03An Intrinsic Calculation For Maximus, Inc. (NYSE:MMS) Suggests It's 40% Undervalued
Dec 05Maximus: Market Leader And Non-Cyclical
Nov 28Maximus: Global Expansion Resulting In Compounding Growth
Sep 22Returns On Capital Signal Tricky Times Ahead For Maximus (NYSE:MMS)
Sep 18Calculating The Fair Value Of Maximus, Inc. (NYSE:MMS)
Aug 27Calculating The Intrinsic Value Of Maximus, Inc. (NYSE:MMS)
May 27Maximus' (NYSE:MMS) Dividend Will Be $0.28
May 05Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Apr 14Maximus (NYSE:MMS) Could Be Struggling To Allocate Capital
Mar 29Maximus, Inc.'s (NYSE:MMS) CEO Compensation Looks Acceptable To Us And Here's Why
Mar 08Maximus (NYSE:MMS) Will Pay A Dividend Of $0.28
Feb 09Maximus (NYSE:MMS) Will Pay A Dividend Of $0.28
Jan 13MAXIMUS declares $0.28 dividend
Jan 10Maximus (NYSE:MMS) Will Be Hoping To Turn Its Returns On Capital Around
Dec 20Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$307m |
| Jun 30 2024 | n/a | n/a | US$294m |
| Mar 31 2024 | n/a | n/a | US$235m |
| Dec 31 2023 | n/a | n/a | US$186m |
| Sep 30 2023 | US$7m | US$850k | US$162m |
| Jun 30 2023 | n/a | n/a | US$172m |
| Mar 31 2023 | n/a | n/a | US$172m |
| Dec 31 2022 | n/a | n/a | US$190m |
| Sep 30 2022 | US$6m | US$823k | US$204m |
| Jun 30 2022 | n/a | n/a | US$187m |
| Mar 31 2022 | n/a | n/a | US$250m |
| Dec 31 2021 | n/a | n/a | US$280m |
| Sep 30 2021 | US$8m | US$754k | US$291m |
| Jun 30 2021 | n/a | n/a | US$303m |
| Mar 31 2021 | n/a | n/a | US$273m |
| Dec 31 2020 | n/a | n/a | US$220m |
| Sep 30 2020 | US$6m | US$743k | US$215m |
| Jun 30 2020 | n/a | n/a | US$211m |
| Mar 31 2020 | n/a | n/a | US$209m |
| Dec 31 2019 | n/a | n/a | US$244m |
| Sep 30 2019 | US$5m | US$719k | US$241m |
| Jun 30 2019 | n/a | n/a | US$227m |
| Mar 31 2019 | n/a | n/a | US$224m |
| Dec 31 2018 | n/a | n/a | US$218m |
| Sep 30 2018 | US$3m | US$668k | US$221m |
Compensation vs Market: Bruce's total compensation ($USD7.35M) is about average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
CEO
Bruce Caswell (57 yo)
10.2yrs
Tenure
US$7,349,940
Compensation
Mr. Bruce L. Caswell has been Chief Executive Officer and Director of MAXIMUS, Inc. since April 1, 2018. Mr. Caswell has been the President at MAXIMUS Inc. since October 1, 2014 and served as its General M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.2yrs | US$7.35m | 0.46% $ 19.9m | |
| CFO & Treasurer | 3yrs | US$2.10m | 0.016% $ 693.9k | |
| General Manager of Health Services U.S. | no data | US$1.69m | 0.028% $ 1.2m | |
| Principal Accounting Officer | 4.9yrs | no data | 0.0077% $ 333.5k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief Digital & Information Officer (CDIO) | less than a year | no data | no data | |
| General Counsel | 1.3yrs | no data | 0.0033% $ 142.4k | |
| Vice President of Communications & Public Relations | 2.9yrs | no data | no data | |
| Senior Vice President of Corporate Development & Strategic Planning | 8.9yrs | no data | no data | |
| Chief Human Resources Officer | 4.8yrs | US$1.52m | 0.011% $ 474.1k | |
| Senior Vice President of Federal Consulting | 2.8yrs | no data | no data | |
| Senior VP of Technology & Consulting Services of Healthcare | 2.3yrs | no data | no data |
2.9yrs
Average Tenure
50.5yo
Average Age
Experienced Management: MMS's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.7yrs | US$7.35m | 0.46% $ 19.9m | |
| Independent Director | 20.3yrs | US$360.00k | 0.19% $ 8.1m | |
| Independent Vice Chairman | 18.7yrs | US$335.00k | 0.12% $ 5.1m | |
| Independent Chairman | 4.8yrs | US$468.00k | 0.19% $ 8.2m | |
| Independent Director | 5.8yrs | US$300.00k | 0.0068% $ 294.7k | |
| Independent Director | 4.8yrs | US$300.00k | 0% $ 0 | |
| Independent Vice Chair of the Board | 8yrs | US$368.00k | 0.039% $ 1.7m | |
| Independent Director | 8yrs | US$300.00k | 0.030% $ 1.3m |
7.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MMS's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 here.
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 .
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 |