Sector: Industrials | Industry: Business Support Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1600 Tysons Blvd #1400, Attn: Treasury Dept. MCLEAN VA 22102 |
Tel: | N/A |
Website: | https://www.maximus.com |
IR: | See website |
Key People | ||
Bruce L. Caswell President, Chief Executive Officer, Director | David W. Mutryn Chief Financial Officer, Treasurer | Michelle F. Link Chief Human Resource Officer |
Ilene R. Baylinson General Manager, U.S. Services | John T. Martinez Chief Legal Officer and Corporate Secretary |
Business Overview |
Maximus, Inc. is an operator of government health and human services programs and provider of technology solutions to governments. The Company operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment provides a variety of business process services (BPS), such as program administration, appeals and assessments, and related consulting work for United States state and local government programs. The U.S. Federal Services segment delivers end-to-end solutions that help various United States federal government agencies, including program operations and management, clinical services, and technology solutions. The Outside the U.S. segment provides BPS for international governments and commercial clients. The services of this segment include health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. It also delivers services in the United Kingdom. |
Financial Overview |
For the three months ended 31 December 2023, Maximus Inc revenues increased 6% to $1.33B. Net income increased 60% to $64.1M. Revenues reflect U.S. Federal Services segment increase of 10% to $677.1M, U.S. Services segment increase of 11% to $489.8M. Net income benefited from U.S. Services segment income increase of 75% to $66.1M, U.S. Federal Services segment income increase of 35% to $68.8M. Dividend per share increased from $0.28 to $0.30. |
Employees: | 39,600 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,304M as of Dec 31, 2023 |
Annual revenue (TTM): | $4,983M as of Dec 31, 2023 |
EBITDA (TTM): | $479.03M as of Dec 31, 2023 |
Net annual income (TTM): | $185.95M as of Dec 31, 2023 |
Free cash flow (TTM): | $304.01M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,209M as of Dec 31, 2023 |
Shares outstanding: | 61,031,447 as of Jan 12, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |