To the full analysis
Maximus stock: growth
MMSMaximus reported $5.43B in revenue for fiscal 2025, up 2.4% on the prior year, up 9.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
11.4%
per year from 2006 to 2025, per share 13.8%
Earnings (Annual rate)
29.2%
per year from 2006 to 2025, per share 32.2%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 9.4% | 10.0% | 11.4% |
| Revenue per share | 11.5% | 11.6% | 13.8% |
| Earnings | 8.3% | 7.3% | 29.2% |
| Earnings per share | 10.3% | 8.9% | 32.2% |
| Free cash flow | 12.4% | 13.7% | no data |
| Free cash flow per share | 14.6% | 15.5% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $700.89M | $2.46M | −$10.43M |
| 2007 | $738.65M | −$8.26M | $33.36M |
| 2008 | $745.13M | $6.68M | $41.12M |
| 2009 | $717.3M | $46.54M | $4.05M |
| 2010 | $831.75M | $70.41M | $115.83M |
| 2011 | $929.63M | $81.17M | $70.75M |
| 2012 | $1.05B | $76.13M | $92.01M |
| 2013 | $1.33B | $116.73M | $58.76M |
| 2014 | $1.7B | $145.44M | $166.45M |
| 2015 | $2.1B | $157.77M | $101.07M |
| 2016 | $2.4B | $178.36M | $133.64M |
| 2017 | $2.45B | $209.43M | $313.05M |
| 2018 | $2.39B | $220.75M | $297.01M |
| 2019 | $2.89B | $240.82M | $289.88M |
| 2020 | $3.46B | $214.51M | $203.89M |
| 2021 | $4.25B | $291.2M | $480.76M |
| 2022 | $4.63B | $203.83M | $233.69M |
| 2023 | $4.9B | $161.79M | $223.65M |
| 2024 | $5.31B | $306.91M | $401.07M |
| 2025 | $5.43B | $319.03M | $366.16M |
Revenue by region
Where Maximus, Inc. generates its revenue.
- United States84%
- United Kingdom9%
- Rest of world4%
- Australia4%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | Share 2022 | |
|---|---|---|---|---|---|
| United States | $2.29B | $2.96B | $3.56B | $3.87B | 83.5% |
| United Kingdom | $293.7M | $246.34M | $286.43M | $410.59M | 8.9% |
| Rest of world | $106.64M | $105.44M | $167.66M | $180M | 3.9% |
| Australia | $198.8M | $147.16M | $245M | $173.08M | 3.7% |
| Total revenue | $2.89B | $3.46B | $4.25B | $4.63B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Sep 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 24 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.