NYSE: MMS
Maximus, Inc.
Industrials · Specialty Business Services
Market Cap
$3.26B
52w High
$100.00
52w Low
$52.73
P/E
9.14
Volume
203.66K
Outstanding Shares
52.54M
Valuation Data Insufficient
The DCF model's fair value estimate is more than 3× the current stock price. This typically indicates unreliable model inputs — such as irregular cash flows or balance sheet distortions — rather than a genuine opportunity, so the valuation is not shown.
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 17.02% over the last year. Revenue declined 1.44% over the trailing twelve months. Operating margin moved from 9.88% to 10.81%. Free cash flow grew 69.83% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 10.81%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Maximus, Inc. specializes in delivering business process services (BPS) tailored for governmental health and human welfare initiatives.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
8
Buy
8
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 6, 2026
Q3 FY26 · EPS est $2.21 · Revenue est $1.33B
View
Dividends
$1.29/shareQuarterlyDividend Achiever · 20yrEx-div Aug 14, 2026 · in 11dSafeMMS pays a dividend with a 2.08% declared yield, 20 consecutive years of growth, growing at 2.87% annually, covered 5.3× by free cash flow.
Declared Yield
2.08%
Annual Div / Share
$1.29
TTM $1.26
5yr CAGR
+2.87%
Doubles every ~24.5yr
Payout Ratio
18.19%
Safe
Dividend Growth Rate
3yr CAGR
+4.82%
5yr CAGR
+2.87%
10yr CAGR
+21.77%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$2/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$21/yr $2/mo | $24/yr+15% $2/mo | $28/yr+33% $2/mo |
Yield-on-cost grows from 2.08% → 2.75% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
MMS has raised its dividend for 20 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 5.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.