MMS
Maximus, Inc.
NYSEUSDEQUITY
Industrials
DELAYED
Sell
-36/100
Last price
54.68
▲ 0.27 (0.50%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
54.55
Prev close
54.41
Day high
54.92
Day low
53.80
Volume
666.14K
Market cap
$2.86B
P/E (TTM)
8.09
52W range
51.04 – 100.00
Day trading desk
Gap from prior close
+0.26%
Prior close 54.41
VWAP
54.60
+0.14% from price
Relative volume
1.67×
Unusually busy
Session range
2.08%
53.80 – 54.92
Position in range
79%
Near session high
ATR (14D)
1.57
2.87% of price
Prior day high
54.45
PDH
Prior day low
52.45
PDL
Bid / ask spread
—
Quote not published
Session volume
1.08M
Avg 646.91K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+3.03%
+1.1%
1M
-5.17%
-6.3%
3M
-4.44%
-9.0%
6M
-16.07%
-34.3%
YTD
-36.65%
-50.9%
1Y
-40.07%
-56.5%
3Y
-26.78%
-109.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on MMS open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
939.82K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 17, 26 | MADSEN JAN D. Director |
SELL | 742 | $53.61K | Direct |
| Mar 10, 26 | MADSEN JAN D. Director |
STOCK | 3.21K | $0 | Direct |
| Mar 10, 26 | ALTMAN ANNE K Director |
STOCK | 3.06K | $0 | Direct |
| Mar 10, 26 | WARREN MICHAEL J. Director |
STOCK | 2.25K | $0 | Direct |
| Mar 10, 26 | RAJAN GAYATHRI Director |
STOCK | 2.25K | $0 | Direct |
| Mar 10, 26 | HALEY JOHN J Director |
STOCK | 7.01K | $0 | Direct |
| Feb 27, 26 | MONTONI RICHARD A Director |
STOCK | 7.00K | $0 | Indirect |
| Feb 24, 26 | MONTONI RICHARD A Director |
STOCK | 3.00K | $0 | Indirect |
| Feb 18, 26 | HALEY JOHN J Director |
STOCK | 32.76K | $0 | Indirect |
| Feb 10, 26 | HALEY JOHN J Director |
STOCK | 32.76K | $0 | Direct |
| Feb 10, 26 | CASWELL BRUCE L Chief Executive Officer |
BUY | 3.17K | $249.08K | Direct |
| Feb 9, 26 | MUTRYN DAVID Chief Financial Officer |
BUY | 1.00K | $75.63K | Direct |
| Dec 3, 25 | LINK MICHELLE F. Officer |
SELL | 4.04K | $350.75K | Direct |
| Dec 2, 25 | GOLINVAUX THERESA D Officer |
STOCK | 1.20K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Fundamentals
Market cap$2.86B
Enterprise value$4.54B
Revenue (TTM)$5.25B
Gross profit$1.34B
EBITDA$691.84M
Net income$370.89M
EPS (TTM)$6.76
Free cash flow$354.07M
Total cash$56.95M
Total debt$1.73B
Book value / share$33.24
Shares outstanding52.36M
Float51.59M
Short % of float11.28%
Dividend yield2.41%
Beta (5Y)0.59
Valuation & profitability ratios
Trailing P/E8.09
Forward P/E6.54
PEG ratio2.06
Price / sales—
Price / book1.64
EV / revenue0.87
EV / EBITDA6.56
Gross margin25.59%
Operating margin12.62%
Profit margin7.07%
Return on equity21.11%
Return on assets8.20%
Debt / equity99.55
Current ratio2.42
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $5.43B | $5.31B | $4.90B | $4.63B | +2.4% |
| Operating revenue | $5.43B | $5.31B | $4.90B | $4.63B | +2.4% |
| Cost of revenue | $4.10B | $4.05B | $3.88B | $3.69B | +1.1% |
| Gross profit | $1.33B | $1.25B | $1.03B | $939.81M | +6.5% |
| Selling, general & admin | $713.11M | $671.58M | $639.22M | $534.49M | +6.2% |
| Total operating expense | $805.15M | $763.15M | $733.81M | $624.96M | +5.5% |
| Operating income | $528.29M | $488.50M | $294.79M | $314.85M | +8.1% |
| Net interest income | -$84.08M | -$82.44M | -$84.14M | -$45.97M | -2.0% |
| Pre-tax income | $444.85M | $406.51M | $210.29M | $277.10M | +9.4% |
| Tax provision | $125.81M | $99.59M | $48.50M | $73.27M | +26.3% |
| Net income | $319.03M | $306.91M | $161.79M | $203.83M | +3.9% |
| Net income to common | $319.03M | $306.91M | $161.79M | $203.83M | +3.9% |
| Basic EPS | 5.56 | 5.03 | 2.65 | 3.30 | +10.5% |
| Diluted EPS | 5.51 | 4.99 | 2.63 | 3.29 | +10.4% |
| EBIT | $528.93M | $488.95M | $294.43M | $323.06M | +8.2% |
| EBITDA | $662.64M | $614.48M | $443.75M | $455.86M | +7.8% |
| Basic shares | 57.41M | 61.05M | 61.13M | 61.77M | -6.0% |
| Diluted shares | 57.92M | 61.48M | 61.45M | 61.97M | -5.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $222.35M | $183.12M | $65.41M | $40.66M | +21.4% |
| Cash & short-term investments | $222.35M | $183.12M | $65.41M | $40.66M | +21.4% |
| Accounts receivable | $720.50M | $734.82M | $692.71M | $723.98M | -1.9% |
| Total current assets | $1.25B | $1.20B | $1.06B | $1.03B | +4.4% |
| Property, plant & equipment | $131.49M | $172.57M | $202.76M | $185.14M | -23.8% |
| Goodwill & intangibles | $2.53B | $2.60B | $2.59B | $2.64B | -2.6% |
| Total assets | $4.07B | $4.13B | $3.99B | $3.99B | -1.5% |
| Total current liabilities | $765.16M | $807.53M | $723.01M | $774.45M | -5.2% |
| Current debt | $52.68M | $40.14M | $86.84M | $63.46M | +31.2% |
| Long-term debt | $1.28B | $1.09B | $1.16B | $1.29B | +17.4% |
| Total debt | $1.44B | $1.28B | $1.43B | $1.51B | +13.1% |
| Total liabilities | $2.40B | $2.29B | $2.32B | $2.44B | +4.7% |
| Retained earnings | $1.06B | $1.28B | $1.12B | $1.03B | -16.7% |
| Shareholder equity | $1.67B | $1.84B | $1.67B | $1.55B | -9.2% |
| Working capital | $487.76M | $393.01M | $332.45M | $257.87M | +24.1% |
| Net tangible assets | -$860.59M | -$758.30M | -$922.84M | -$1.09B | -13.5% |
| Shares issued | 54.80M | 60.35M | 61.00M | 60.77M | -9.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $319.03M | $306.91M | $161.79M | $203.83M | +3.9% |
| Depreciation & amortisation | $133.72M | $125.53M | $149.32M | $132.79M | +6.5% |
| Stock-based compensation | $41.18M | $35.35M | $29.52M | $30.48M | +16.5% |
| Change in working capital | -$90.17M | $78.94M | -$31.56M | -$79.43M | -214.2% |
| Operating cash flow | $429.37M | $515.26M | $314.34M | $289.84M | -16.7% |
| Capital expenditure | -$63.21M | -$114.19M | -$90.69M | -$56.15M | +44.6% |
| Investing cash flow | -$60.26M | -$129.10M | -$80.96M | -$54.01M | +53.3% |
| Share buybacks | -$447.48M | -$73.07M | $0 | -$96.12M | -512.4% |
| Dividends paid | -$68.71M | -$72.90M | -$68.07M | -$68.72M | +5.7% |
| Financing cash flow | -$343.88M | -$275.65M | -$250.80M | -$248.27M | -24.8% |
| Free cash flow | $366.16M | $401.07M | $223.65M | $233.69M | -8.7% |
| End cash position | $260.46M | $235.76M | $122.09M | $136.79M | +10.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.28B | $1.31B | $1.35B | $1.32B | $1.35B | -2.1% |
| Operating revenue | $1.28B | $1.31B | $1.35B | $1.32B | $1.35B | -2.1% |
| Cost of revenue | $930.17M | $963.70M | $1.03B | $984.86M | $988.89M | -3.5% |
| Gross profit | $348.80M | $342.26M | $318.67M | $333.55M | $359.51M | +1.9% |
| Selling, general & admin | $167.19M | $173.48M | $152.16M | $187.68M | $170.83M | -3.6% |
| Total operating expense | $187.38M | $193.78M | $172.46M | $210.69M | $193.84M | -3.3% |
| Operating income | $161.43M | $148.49M | $146.21M | $122.86M | $165.67M | +8.7% |
| Net interest income | -$23.88M | -$22.11M | -$20.82M | -$22.43M | -$22.66M | -8.0% |
| Pre-tax income | $138.16M | $126.53M | $126.27M | $100.47M | $142.97M | +9.2% |
| Tax provision | $34.56M | $28.47M | $32.32M | $25.18M | $36.99M | +21.4% |
| Net income | $103.59M | $98.06M | $93.94M | $75.29M | $105.98M | +5.6% |
| Net income to common | $103.59M | $98.06M | $93.94M | $75.29M | $105.98M | +5.6% |
| Basic EPS | 1.96 | 1.81 | 1.71 | 1.34 | 1.87 | +8.3% |
| Diluted EPS | 1.95 | 1.80 | 1.70 | 1.32 | 1.86 | +8.3% |
| EBIT | $162.04M | $148.65M | $147.08M | $122.90M | $165.62M | +9.0% |
| EBITDA | $194.10M | $181.27M | $180.27M | $160.07M | $198.24M | +7.1% |
| Basic shares | 52.85M | 54.24M | 54.84M | 56.37M | 56.68M | -2.6% |
| Diluted shares | 53.06M | 54.59M | 55.30M | 56.99M | 56.98M | -2.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $56.95M | $157.45M | $137.59M | $222.35M | $59.78M | -63.8% |
| Cash & short-term investments | $56.95M | $157.45M | $137.59M | $222.35M | $59.78M | -63.8% |
| Accounts receivable | $1.06B | $868.09M | $952.09M | $720.50M | $1.03B | +21.6% |
| Total current assets | $1.64B | $1.51B | $1.42B | $1.25B | $1.61B | +8.8% |
| Property, plant & equipment | $116.79M | $111.28M | $121.83M | $131.49M | $149.97M | +5.0% |
| Goodwill & intangibles | $2.46B | $2.48B | $2.51B | $2.53B | $2.56B | -0.9% |
| Total assets | $4.37B | $4.24B | $4.21B | $4.07B | $4.46B | +3.0% |
| Total current liabilities | $678.07M | $681.69M | $608.05M | $765.16M | $706.15M | -0.5% |
| Current debt | $71.60M | $63.93M | $58.30M | $52.68M | $48.26M | +12.0% |
| Long-term debt | $1.57B | $1.47B | $1.51B | $1.28B | $1.61B | +6.4% |
| Total debt | $1.73B | $1.63B | $1.67B | $1.44B | $1.78B | +6.4% |
| Total liabilities | $2.63B | $2.54B | $2.49B | $2.40B | $2.69B | +3.3% |
| Retained earnings | $1.11B | $1.08B | $1.11B | $1.06B | $1.16B | +3.3% |
| Shareholder equity | $1.74B | $1.70B | $1.72B | $1.67B | $1.77B | +2.6% |
| Working capital | $963.29M | $827.16M | $815.16M | $487.76M | $898.88M | +16.5% |
| Net tangible assets | -$718.40M | -$783.47M | -$789.76M | -$860.59M | -$788.80M | +8.3% |
| Shares issued | 52.36M | 53.11M | 54.55M | 54.80M | 56.35M | -1.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $103.59M | $98.06M | $93.94M | $75.29M | $105.98M | +5.6% |
| Depreciation & amortisation | $32.06M | $32.63M | $33.19M | $37.17M | $32.62M | -1.7% |
| Stock-based compensation | $7.36M | $9.90M | $7.02M | $10.86M | $10.75M | -25.7% |
| Change in working capital | -$254.31M | $1.37M | -$398.17M | $536.00M | -$327.56M | -18,649.4% |
| Operating cash flow | -$124.99M | $189.53M | -$244.40M | $649.37M | -$182.72M | -165.9% |
| Capital expenditure | -$11.98M | -$10.51M | -$6.26M | -$7.53M | -$15.49M | -14.0% |
| Investing cash flow | -$10.53M | -$10.51M | $6.63M | -$3.15M | -$15.49M | -0.2% |
| Share buybacks | -$49.92M | -$114.44M | -$40.56M | -$141.04M | $0 | +56.4% |
| Dividends paid | -$17.28M | -$17.82M | -$16.34M | -$16.84M | -$16.90M | +3.0% |
| Financing cash flow | $43.88M | -$113.28M | $156.90M | -$490.67M | $146.12M | +138.7% |
| Free cash flow | -$136.97M | $179.02M | -$250.66M | $641.85M | -$198.21M | -176.5% |
| End cash position | $153.25M | $244.70M | $179.53M | $260.46M | $105.38M | -37.4% |
Options analytics
Put / call volume
0.45
Call-heavy session
Put / call open interest
3.35
Positioning, not flow
Max pain
90.00
+64.6% from spot
ATM implied vol
1.6%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
11
Contracts, this expiry
Put volume
5
Contracts, this expiry
Heaviest call OI
70.00
8 contracts
Heaviest put OI
90.00
36 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 2.21 | 2.22 | +0.7% |
| Mar 2026 | 1.97 | 2.07 | +5.3% |
| Dec 2025 | 1.82 | 1.85 | +1.7% |
| Sep 2025 | 1.67 | 1.62 | -3.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.85 | 2 | $1.30B | -1.7% |
| Next quarter | 1.92 | 1 | $1.41B | +4.8% |
| Current year | 8.01 | 2 | $5.23B | -3.8% |
| Next year | 8.36 | 2 | $5.38B | +2.9% |
Analyst targets & ownership
Mean target$92.50
High target$110.00
Low target$75.00
Implied upside69.17%
Analyst count2
ConsensusNONE
Strong buy / Buy2 / 0
Hold0
Sell / Strong sell0 / 0
Held by insiders1.80%
Held by institutions110.64%
Institutions holding493
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
53.26
+2.66% from price
SMA 20
55.06
-0.69% from price
SMA 50
57.11
-4.25% from price
SMA 100
57.92
-5.60% from price
SMA 200
67.46
-18.94% from price
EMA 12
54.13
+1.01% from price
EMA 26
55.20
-0.94% from price
EMA 50
56.44
-3.12% from price
RSI (14)
47.1
Neutral
MACD (12,26,9)
-1.07
Hist 0.05
ATR (14)
1.57
2.87% of price
Realised vol 30D
26.1%
Annualised
Bollinger upper
59.17
20, 2σ
Bollinger lower
50.95
20, 2σ
50 / 200 cross
Death
57.11 vs 67.46
Trend bias
Below 200
-18.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.33
Less volatile than market
Correlation to SPY
0.12
Largely independent
Realised vol 30D
26.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-47.3%
Peak to trough
Max drawdown 5Y
-47.3%
Peak to trough
ATR 14
1.57
2.87% of price
Beta (reported)
0.59
5Y monthly, from filing
Short interest
Shares short
3.30M
Prior 3.08M
Change vs prior
+7.3%
Shorts adding
% of float
11.28%
Elevated
% of shares out
6.31%
Against total outstanding
Days to cover
6.6
Crowded exit
Float
51.59M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2, 25 | Raymond James | UPGRADE | Market Perform | Outperform |
| Jan 3, 24 | Raymond James | DOWNGRADE | Outperform | Market Perform |
| Aug 18, 23 | Stifel | INITIATED | — | Buy |
| Feb 9, 23 | Raymond James | MAINTAINED | — | Outperform |
| May 6, 22 | Raymond James | MAINTAINED | — | Outperform |
| Jun 28, 21 | Raymond James | DOWNGRADE | Strong Buy | Outperform |
| May 7, 21 | Raymond James | MAINTAINED | — | Strong Buy |
| Apr 22, 21 | Canaccord Genuity | MAINTAINED | — | Hold |
| Feb 5, 21 | Raymond James | MAINTAINED | — | Strong Buy |
| Aug 7, 20 | Keybanc | MAINTAINED | — | Overweight |
| Jul 8, 20 | Raymond James | UPGRADE | Market Perform | Strong Buy |
| Jun 24, 20 | Keybanc | UPGRADE | Sector Weight | Overweight |
Dividends & splits
Forward rate$1.32 / yr
Forward yield2.41%
5-year avg yield1.53%
Payout ratio18.64%
Ex-dividend dateNov 13, 2026
Next pay dateNov 30, 2026
Last split2:1
Split dateJul 1, 2013
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-05-28
Periodic Financial Reports
10-Q · 2026-05-07
A correspondence can be sent as a document with another submission type or can be sent as a separate submission
CORRESP · 2026-03-26
Corporate Changes & Voting Matters
8-K · 2026-03-11
Corporate Changes & Voting Matters
8-K · 2026-02-05
Proxy Statements
DEFA14A · 2026-01-22
Corporate Changes & Voting Matters
8-K · 2025-12-18
Headlines
Maximus Declares Quarterly Cash Dividend of $0.33 Per Share
Business Wire · 2d ago
3 Undervalued Small Cap Stocks Trading At Least 14% Below Fair Value
Simply Wall St. · 7d ago
2 Oversold Stocks Set for a Comeback and 1 We Turn Down
StockStory · 9d ago
3 Underfollowed Stocks To Own In September 2026
Simply Wall St. · 14d ago
Maximus’ (MMS) Tech Capabilities and Beaten-Down Valuation Point to M&A Upside
Insider Monkey · 15d ago
3 Profitable Stocks We Keep Off Our Radar
StockStory · 26d ago
3 Services Stocks We Steer Clear Of
StockStory · 28d ago
Strategic Buyouts & Strong Cash Profile Aid VLTO Amid Stiff Rivalry
Zacks · 36d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.