Maximus, Inc.

MMS Industrials Specialty Business Services

Maximus, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $5.4 billion, up 2.36% from fiscal 2024.

Revenue
−5.15%
EPS
+4.81%
Free cash flow
+30.9%
Total debt
−1.23%

Quarter to June 2026, against a year earlier

68.33 2.87 +4.38%
Market cap
$3.4B
P/E
9.6×
Fwd P/E
9.1×
Dividend yield
2.46%
F-score
8/9
Altman Z
3.59
Beneish M
−2.66
Dividend safety
85/100

Maximus, Inc. (MMS) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Maximus, Inc. (MMS) trades at a EV/EBITDA of 7.0×. Over the past ten years it has ranged from 6.0× (June 2026) to 15.3× (April 2015); the current reading is higher than 5% of that period. That is below the Specialty Business Services industry median of 11.8× and below the Industrials sector median of 13.1×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 9.6× (11.00%)
FY2024 10.7× (16.10%)
FY2023 12.8× 20.92%
FY2022 10.6× (17.62%)
FY2021 12.9× 16.92%
FY2020 11.0× (9.43%)
FY2019 12.1× 13.78%
FY2018 10.7× (1.75%)
FY2017 10.9× 1.83%
FY2016 10.7× (17.95%)

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 6.2× (8.34%)
Mar 2026 6.7× (20.77%)
Dec 2025 8.5× (11.22%)
Sep 2025 9.6× 11.34%
42 more quarters

Against its own ten years

Low 6.0× High 15.3×
Ten-year median 11.7×
Current reading's percentile 5

EV/EBITDA against peers

Company EV/EBITDA
MMS Maximus, Inc. 7.0×
AMTM Amentum Holdings, Inc. compare 8.4×
ABM ABM Industries Incorporated compare 11.1×
AZZ AZZ Inc. compare 11.8×
FA First Advantage Corporation compare 12.8×
CBZ CBIZ, Inc. compare 14.5×
DLB Dolby Laboratories compare 15.4×
UNF Unifirst Corporation compare 16.0×
TIC Acuren Corporation compare 17.6×
Specialty Business Services industry median 11.8×
Industrials sector median 13.1×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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