Since 1975, Maximus has operated under its founding mission of Helping Government Serve the People®, enabling citizens around the globe to successfully engage with their governments at all levels and across a variety of health and human services programs. Maximus delivers innovative business process management and technology solutions that contribute to improved outcomes for citizens and higher levels of productivity, accuracy, accountability, and efficiency of government-sponsored programs. With more than 30,000 employees worldwide, Maximus is a proud partner to government agencies in the United States, Australia, Canada, Italy, Saudi Arabia, Singapore, South Korea, Sweden, and the United Kingdom.
Company profile
Ticker
MMS
Exchange
Website
CEO
Bruce Caswell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...
Former names
MAXIMUS INC
SEC CIK
Corporate docs
Subsidiaries
2020 Company, LLC • Ascend Management Innovations LLC • BZ Bodies Ltd • Child Welfare Assessments Pty Ltd • Connect Assist Holdings Ltd • Connect Assist Ltd • Health Management Ltd • InjuryNet Australia Pty Ltd • InSysCo, Inc. • Interactive Technology ...
IRS number
541000588
MMS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
25 Jan 23
DEF 14A
Definitive proxy
25 Jan 23
8-K
Maximus Reports Fourth Quarter and Full Year Results for Fiscal Year 2022
28 Nov 22
10-K
2022 FY
Annual report
22 Nov 22
8-K
Maximus Reports Fiscal Year 2022 Third Quarter Results
8 Aug 22
10-Q
2022 Q3
Quarterly report
4 Aug 22
8-K
Regulation FD Disclosure
27 May 22
8-K
Maximus Reports Fiscal Year 2022 Second Quarter Results
9 May 22
10-Q
2022 Q2
Quarterly report
5 May 22
8-K
Submission of Matters to a Vote of Security Holders
18 Mar 22
Transcripts
MMS
Earnings call transcript
2022 Q4
22 Nov 22
MMS
Earnings call transcript
2022 Q3
7 Aug 22
MMS
Earnings call transcript
2022 Q2
7 May 22
MMS
Earnings call transcript
2022 Q1
3 Feb 22
MMS
Earnings call transcript
2021 Q4
18 Nov 21
MMS
Earnings call transcript
2021 Q3
7 Aug 21
MMS
Earnings call transcript
2021 Q2
8 May 21
MMS
Earnings call transcript
2021 Q1
4 Feb 21
MMS
Earnings call transcript
2020 Q4
19 Nov 20
MMS
Earnings call transcript
2020 Q3
9 Aug 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
26 Jan 23
SC 13G/A
BlackRock Inc.
20 Jan 23
SC 13G/A
VICTORY CAPITAL MANAGEMENT INC
12 Jan 23
4
DAVID FRANCIS
4 Jan 23
4/A
Michelle F. Link
12 Dec 22
4
RAYMOND B RUDDY
7 Dec 22
4
RAYMOND B RUDDY
6 Dec 22
4
GAYATHRI RAJAN
2 Dec 22
4
RAYMOND B RUDDY
2 Dec 22
4
Anne K. Altman
2 Dec 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 136.80 mm | 136.80 mm | 136.80 mm | 136.80 mm | 136.80 mm | 136.80 mm |
| Cash burn (monthly) | (no burn) | 1.65 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 6.93 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 129.87 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 78.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
93.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 290 |
| Opened positions | 28 |
| Closed positions | 43 |
| Increased positions | 103 |
| Reduced positions | 106 |
| 13F shares | Current |
|---|---|
| Total value | 5.39 bn |
| Total shares | 56.59 mm |
| Total puts | 67.20 k |
| Total calls | 48.30 k |
| Total put/call ratio | 1.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 6.84 mm | $395.76 mm |
| Victory Capital Management | 6.17 mm | $357.05 mm |
| Vanguard | 6.10 mm | $353.18 mm |
| FMR | 3.12 mm | $180.28 mm |
| Fuller & Thaler Asset Management | 2.89 mm | $167.33 mm |
| Alliancebernstein | 2.73 mm | $158.14 mm |
| MKFCF Mackenzie Financial | 2.62 mm | $151.56 mm |
| JHG Janus Henderson | 1.41 mm | $81.42 mm |
| Geode Capital Management | 1.18 mm | $68.16 mm |
| Mondrian Investment Partners | 1.17 mm | $67.94 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Jan 23 | David Francis | Common Stock | Sell | Dispose S | No | Yes | 74.68 | 3,632 | 271.24 k | 10,025.604 |
| 7 Dec 22 | Raymond B Ruddy | Common Stock | Buy | Acquire P | No | No | 69.91 | 5,730 | 400.58 k | 109,030.04 |
| 6 Dec 22 | Raymond B Ruddy | Common Stock | Gift | Dispose G | Yes | No | 0 | 5,730 | 0.00 | 103,300.04 |
| 30 Nov 22 | Teresa Weipert | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 41.773 | 0.00 | 10,529.85 |
| 30 Nov 22 | Warren Michael J. | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 36.109 | 0.00 | 9,102.02 |
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