MAXIMUS, INC.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.4B | $5.3B | $4.9B | $4.6B | $4.3B |
| Cost of revenue | $4.1B | $4.1B | $3.9B | $3.7B | $3.3B |
| Gross profit | $1.3B | $1.3B | $1.0B | $939.8M | $947.0M |
| Selling, general & administrative | $713.1M | $671.6M | $639.2M | $534.5M | $494.1M |
| Operating income | $528.3M | $488.5M | $294.8M | $325.9M | $408.5M |
| Interest expense | $84.1M | $82.4M | $84.1M | $46.0M | $14.7M |
| Pretax income | $444.8M | $406.5M | $210.3M | $277.1M | $383.7M |
| Income tax expense | $125.8M | $99.6M | $48.5M | $73.3M | $92.5M |
| Net income | $319.0M | $306.9M | $161.8M | $203.8M | $291.2M |
| Balance Sheet | |||||
| Cash and equivalents | $222.4M | $183.1M | $65.4M | $40.7M | $135.1M |
| Current assets | $1.3B | $1.2B | $1.1B | $1.0B | $1.1B |
| Total assets | $4.1B | $4.1B | $4.0B | $4.0B | $4.1B |
| Current liabilities | $765.2M | $807.5M | $723.0M | $774.4M | $789.4M |
| Total liabilities | $2.4B | $2.3B | $2.3B | $2.4B | $2.6B |
| Total debt | $1.3B | $1.1B | $1.2B | $1.4B | $1.5B |
| Stockholders' equity | $1.7B | $1.8B | $1.7B | $1.5B | $1.5B |
| Cash Flow Statement | |||||
| Cash from operations | $429.4M | $515.3M | $314.3M | $289.8M | $517.3M |
| Depreciation and amortization | $19.5M | $19.2M | $28.4M | $28.3M | $34.1M |
| Stock-based compensation | $41.2M | $35.3M | $29.5M | $30.5M | $28.6M |
| Capital expenditure | $63.2M | $114.2M | $90.7M | $56.1M | $36.6M |
| Free cash flow | $366.2M | $401.1M | $223.6M | $233.7M | $480.8M |
| Dividends paid | $68.7M | $72.9M | $68.1M | $68.7M | $68.8M |
| Share repurchases | $447.5M | $73.1M | $0 | $96.1M | $3.4M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 52.5M · Free float 98.2%
Annual filing data through FY ended September 30, 2025; float as of July 11, 2026.