MAXIMUS, INC.
Close on Oct 19, 2026
- Market cap
- $3.25B
- P/E (TTM)
- 9.1
- Dividend yield
- 1.96%
About Maximus
Services-Business Services, NEC, SIC 7389
Maximus provides technology-enabled services and business process solutions primarily to government agencies. The company operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. Its offerings include managing health insurance eligibility and enrollment, administering clinical assessments and appeals, managing student loan customer service, and providing employment and child support case management. Additionally, Maximus delivers technology solutions such as application modernization, cloud infrastructure, enterprise business systems, cybersecurity, and data analytics across civilian, defense, and health agencies. Its customers primarily consist of U.S. federal and state government entities, as well as international governments.
The company operates in the United States and internationally, serving citizens in the United Kingdom, Canada, and the Middle East. As of September 30, 2025, Maximus employs approximately 37,200 people along with 9,300 contingent workers across its corporate functions and three operating segments. The company's principal executive offices and headquarters are located in McLean, Virginia.
Summary of the business section of Maximus's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MAXIMUS, INC.
- Founded
- 1975
- Headquarters
- Mclean, VA
- Address
- Attn: Treasury Dept., 1600 Tysons Blvd, #1400 22102
- Phone
- (703) 251-8500
- Website
- maximus.com
- Employees
- 37,200, Sep 30, 2025
- Industry
- Services-Business Services, NEC
- Incorporated in
- Virginia
- Fiscal year ends
- September 30
- Auditor
- Ernst & Young LLP, Tysons, Virginia
Stock & identifiers
- Ticker
- MMS
- Exchange
- NYSE
- IPO date
- Jun 17, 1997
- Shares outstanding
- 52M, Aug 3, 2026
- Public float
- $3.80B, Mar 31, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jul 1, 2013; 2-for-1, Jun 30, 2013; 2-for-1, Jul 1, 2011; 2-for-1, Jun 30, 2011
- SEC CIK
- 1032220
- CUSIP
- 577933104
- ISIN
- US5779331041
- LEI
- 549300DQCDS8HJ7QF202
- EIN
- 54-1000588
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Bruce Caswell | CEO & President, Director | 328,013 |
| Elizabeth Moellering | General Counsel and Corp. Sec. | 5,044 |
| David Mutryn | Chief Financial Officer | 40,037 |
| Theresa D. Golinvaux | Principal Accounting Officer | 13,488 |
| Ilene R. Baylinson | General Mgr - Health & Human | 29,224 |
| Michelle F. Link | Chief of Human Resources | 19,542 |
| John Thomas Martinez | Chief Legal Officer | 22,641 |
| Jan Madsen | Director | 20,795 |
| Gayathri Rajan | Director | 16,705 |
| Anne K. Altman | Director | 35,142 |
| Michael J. Warren | Director | 17,839 |
| John J. Haley | Director | 151,012 |
| Richard A. Montoni | Director | 157,335 |
| Raymond B. Ruddy | Director | 419,240 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Bruce Caswell | $11.21M | $16.78M | $3.01M | $144 | $151 |
| FY2024 Bruce Caswell | $10.18M | $15.95M | $3.00M | $144 | $165 |
| FY2023 Bruce Caswell | $7.35M | $9.43M | $1.84M | $114 | $132 |
| FY2022 Bruce Caswell | $6.29M | $808.80K | $1.53M | $87 | $114 |
| FY2021 Bruce Caswell | $7.91M | $10.68M | $2.14M | $123 | $135 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of September 30, 2025, we had approximately 37,200 employees and 9,300 contingent workers, consisting of 15,000 employees in our U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 2, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 3, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 6, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 1, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 21, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 3, 1998 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jun 17, 1997 | IPO | Initial public offering priced (424B4 prospectus) |
| May 15, 1997 | Listing | Registration of securities on an exchange (Form 8-A) |