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/FCF

Alert me on EV/FCF

As of 3 November 2026, Maximus, Inc. (MMS) trades at a EV/FCF of 12.1×. Over the past ten years it has ranged from −161× (October 2021) to 77.4× (August 2016); the current reading is higher than 14% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 18.1× 5.30%
FY2024 17.2× (37.23%)
FY2023 27.3× 31.85%
FY2022 20.7× —
FY2021 −155× —
FY2020 22.5× 26.99%
FY2019 17.7× 28.24%
FY2018 13.8× (0.54%)
FY2017 13.9× (56.55%)
FY2016 32.0× 1.82%

Quarterly newest first

Period EV/FCF Change
Jun 2026 10.5× (22.24%)
Mar 2026 13.6× (55.02%)
Dec 2025 30.2× 67.01%
Sep 2025 18.1× —
42 more quarters

Against its own ten years

Low −161× High 77.4×
Ten-year median 17.5×
Current reading's percentile 4

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on MMS