MAXIMUS, INC.
MMS · Services-Business Services, NEC · 52.5M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Reference price $72.25 · est. market cap ~$3.8B — last insider sale, 2026-03-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73gen composite 60pct→73
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, RENAISSANCE TECHNOLOGIES LLC
- Strong balance sheetStrong balance sheet — $222M cash & investments
- Notable holderHeld by 5 notable fund(s): FMR LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
24.6%
Operating margin
9.7%
Net margin
5.9%
Return on equity
19.1%
Return on assets
7.8%
ROIC
13.9%
Revenue growth (QoQ)
-4.1%
Net-income growth
3.9%
Debt / equity
0.8×
Net debt / EBITDA
2.0×
Current ratio
1.6×
EBITDA
$570M
Tangible book value
-$646M
Cash & investments
$222M
Stock comp / revenue
0.8%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Caswell Bruce | CEO & President | — |
| Baylinson Ilene R. | General Mgr - Health & Human | — |
| Bruce L. CaswellChief Executive Officer and | Officer | $11M FY2025 |
| David W. MutrynChief Financial Officer | Officer | $4M FY2025 |
| GOLINVAUX THERESA D | Principal Accounting Officer | — |
| Ilene R. BaylinsonGM U.S. Services | Officer | $3M FY2025 |
| Link Michelle F. | Chief of Human Resources | — |
| Martinez John Thomas | Chief Legal Officer | — |
| Mutryn David | Chief Financial Officer | — |
| Anne K. Altman | Director | $360K FY2025 |
| Gayathri Rajan | Director | $300K FY2025 |
| Jan D. Madsen | Director | $330K FY2025 |
| John J. Haley | Director | $500K FY2025 |
| Michael J. Warren | Director | $300K FY2025 |
| Raymond B. Ruddy | Director | $335K FY2025 |
| Richard A. Montoni | Director | $320K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-17 | Madsen Jan | Sell | 742 | $72.25 |
| 2026-03-10 | Madsen Jan | Grant | 3.2K | — |
| 2026-03-10 | HALEY JOHN J | Grant | 7.0K | — |
| 2026-03-10 | Altman Anne K. | Grant | 3.1K | — |
| 2026-03-10 | Warren Michael J. | Grant | 2.2K | — |
| 2026-03-10 | RAJAN GAYATHRI | Grant | 2.2K | — |
| 2026-02-27 | MONTONI RICHARD A | Gift | 7.0K | — |
| 2026-02-24 | MONTONI RICHARD A | Gift | 3.0K | — |
| 2026-02-18 | HALEY JOHN J | Gift | 33K | — |
| 2026-02-18 | HALEY JOHN J | Gift | 33K | — |
| 2026-02-10 | Caswell Bruce | Buy | 152 | $76.92 |
| 2026-02-10 | Caswell Bruce | Buy | 1.3K | $78.22 |
| 2026-02-10 | Caswell Bruce | Buy | 1.7K | $78.77 |
| 2026-02-10 | HALEY JOHN J | Gift | 33K | — |
| 2026-02-10 | HALEY JOHN J | Gift | 33K | — |
| 2026-02-09 | Mutryn David | Buy | 1.0K | $75.62 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-28 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-03-11 | Shareholder vote | filing ↗ |
| 2026-02-05 | ResultsExhibits | filing ↗ |
| 2025-12-18 | Exec/director change | filing ↗ |
| 2025-11-20 | ResultsExhibits | filing ↗ |
| 2025-09-10 | OtherExhibits | filing ↗ |
| 2025-08-07 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-28 | 2026-05-27 | 0001032220-26-000030 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001032220-26-000024 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001032220-26-000027 ↗ |
| 8-K | 2026-03-11 | 2026-03-10 | 0001032220-26-000017 ↗ |
| 10-Q | 2026-02-05 | 2025-12-31 | 0001032220-26-000014 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0001032220-26-000012 ↗ |
| DEF 14A | 2026-01-22 | 2026-03-10 | 0001032220-26-000007 ↗ |
| 8-K | 2025-12-18 | 2025-12-15 | 0001032220-25-000055 ↗ |
| 8-K | 2025-11-20 | 2025-11-20 | 0001032220-25-000049 ↗ |
| 10-K | 2025-11-20 | 2025-09-30 | 0001032220-25-000053 ↗ |
| 8-K | 2025-09-10 | 2025-09-08 | 0001032220-25-000045 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001032220-25-000040 ↗ |