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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Maximus, Inc. (MMS) trades at a price to free cash flow of 8.3×. Over the past ten years it has ranged from 0.0× (September 2025) to 74.4× (August 2016); the current reading is higher than 14% of that period. That is below the Specialty Business Services industry median of 16.5× and below the Industrials sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 14.9× 1.38%
FY2024 14.7× (32.16%)
FY2023 21.7× 43.04%
FY2022 15.1× —
FY2021 0.0× —
FY2020 22.7× 25.81%
FY2019 18.1× 19.55%
FY2018 15.1× 4.96%
FY2017 14.4× (53.77%)
FY2016 31.1× 2.58%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 6.8× (30.22%)
Mar 2026 9.7× (58.06%)
Dec 2025 23.2× 55.45%
Sep 2025 14.9× —
42 more quarters

Against its own ten years

Low 0.0× High 74.4×
Ten-year median 16.7×
Current reading's percentile 14

Price to free cash flow against peers

Company Price to free cash flow
MMS Maximus, Inc. 8.3×
ABM ABM Industries Incorporated compare 10.1×
AMTM Amentum Holdings, Inc. compare 11.5×
CBZ CBIZ, Inc. compare 12.2×
DLB Dolby Laboratories compare 16.6×
FA First Advantage Corporation compare 19.1×
AZZ AZZ Inc. compare 19.2×
UNF Unifirst Corporation compare 64.9×
TIC Acuren Corporation compare 81.2×
Specialty Business Services industry median 16.5×
Industrials sector median 21.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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