stockrowMaximus, 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
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Maximus, Inc. (MMS) Free cash flow
Maximus, Inc.'s free cash flow for fiscal 2025 was $366.2M, down 8.70% from $401.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was $433.2M. Over the past ten years it has ranged from $101.1M (fiscal 2015) to $480.8M (fiscal 2021); the current reading is higher than 82% of that period. Maximus, Inc. ranks 9th of 43 Specialty Business Services companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $366.2M | (8.70%) |
| FY2024 | $401.1M | 79.33% |
| FY2023 | $223.6M | (10.59%) |
| FY2022 | $250.1M | (47.97%) |
| FY2021 | $480.8M | 135.80% |
| FY2020 | $203.9M | (29.67%) |
| FY2019 | $289.9M | (0.13%) |
| FY2018 | $290.3M | (7.05%) |
| FY2017 | $312.3M | 133.67% |
| FY2016 | $133.6M | 32.22% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$137.0M | — |
| Mar 2026 | $179.0M | — |
| Dec 2025 | −$250.7M | — |
| Sep 2025 | $641.8M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| AMTM Amentum Holdings, Inc. compare | $474.0M |
| MMS Maximus, Inc. | $433.2M |
| DLB Dolby Laboratories compare | $361.1M |
| ABM ABM Industries Incorporated compare | $313.8M |
| CBZ CBIZ, Inc. compare | $267.0M |
| AZZ AZZ Inc. compare | $216.5M |
| FA First Advantage Corporation compare | $195.4M |
| UNF Unifirst Corporation compare | $71.6M |
| TIC Acuren Corporation compare | $28.5M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MMS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement