MAXIMUS, INC. (MMS)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Operating Cash Flow649,372,000$(182,718,000$)42,714,000$(79,996,000$)163,834,000$199,328,000$130,488,000$21,608,000$144,589,000$(5,286,000$)309,696,000$(134,659,000$)120,063,000$57,917,000$114,778,000$(2,919,000$)270,663,000$(33,039,000$)181,583,000$98,115,000$148,509,000$(13,189,000$)22,005,000$87,267,000$93,016,000$136,500,000$67,871,000$59,340,000$128,458,000$71,556,000$78,763,000$37,997,000$84,327,000$115,249,000$65,708,000$71,140,000$71,894,000$86,268,000$20,498,000$1,366,000$25,237,000$118,914,000$5,472,000$56,594,000$48,450,000$88,690,000$34,514,000$41,946,000$
Investing Cash Flow(3,146,000$)(15,488,000$)(19,371,000$)(22,256,000$)(31,939,000$)(34,690,000$)(42,043,000$)(20,432,000$)(31,224,000$)(25,112,000$)(8,930,000$)(15,697,000$)(5,929,000$)(25,178,000$)(16,575,000$)(6,327,000$)(23,874,000$)(1,374,082,000$)(428,271,000$)(9,253,000$)(16,726,000$)(5,837,000$)(11,113,000$)(10,462,000$)(43,177,000$)(20,636,000$)(8,331,000$)(411,739,000$)(4,730,000$)(27,716,000$)(6,336,000$)(6,455,000$)(7,653,000$)(5,196,000$)(5,032,000$)(7,340,000$)(12,160,000$)(13,505,000$)(48,231,000$)(13,207,000$)(31,499,000$)(315,182,000$)(33,241,000$)(13,950,000$)(19,503,000$)(10,537,000$)(11,440,000$)(7,909,000$)
Purchases of Property and Equipment9,693,000$30,751,000$24,017,000$31,472,000$12,754,000$17,873,000$8,873,000$5,076,000$4,440,000$
Financing Cash Flow(490,670,000$)146,116,000$8,934,000$(8,257,000$)(45,827,000$)(135,332,000$)(122,869,000$)28,382,000$(81,949,000$)2,822,000$(342,638,000$)170,967,000$(84,999,000$)(29,389,000$)(188,799,000$)54,916,000$(201,099,000$)1,400,825,000$217,454,000$(31,487,000$)(141,089,000$)(25,422,000$)(29,779,000$)(33,800,000$)(11,258,000$)(91,011,000$)(67,592,000$)59,002,000$(8,402,000$)(65,847,000$)(16,661,000$)(970,000$)(17,793,000$)(102,701,000$)(37,781,000$)(57,154,000$)(42,808,000$)(80,783,000$)38,032,000$(11,283,000$)1,398,000$162,232,000$(4,561,000$)(47,954,000$)(47,876,000$)(28,890,000$)(13,244,000$)(37,134,000$)
End Cash Position222,351,000$59,777,000$108,059,000$72,653,000$183,123,000$102,794,000$77,370,000$104,186,000$65,405,000$35,007,000$56,344,000$63,050,000$40,658,000$93,748,000$92,638,000$181,790,000$135,061,000$96,110,000$101,683,000$132,597,000$71,737,000$81,548,000$126,257,000$149,515,000$105,565,000$71,084,000$46,799,000$54,736,000$349,245,000$229,021,000$253,227,000$196,905,000$166,252,000$104,378,000$94,862,000$69,767,000$66,199,000$50,609,000$60,783,000$50,958,000$74,672,000$81,877,000$114,535,000$149,196,000$158,112,000$182,942,000$131,323,000$120,584,000$
Exchange Rate Effect(473,000$)1,528,000$791,000$(2,384,000$)1,894,000$155,000$(731,000$)1,846,000$(1,018,000$)549,000$765,000$2,421,000$(2,965,000$)(4,693,000$)(48,000$)372,000$(2,356,000$)(433,000$)(619,000$)3,882,000$1,879,000$1,694,000$(3,320,000$)1,452,000$(1,058,000$)(362,000$)436,000$(1,068,000$)(1,111,000$)(2,784,000$)867,000$203,000$
Dividends Paid16,845,000$16,904,000$16,901,000$18,060,000$18,054,000$18,239,000$18,309,000$18,299,000$17,020,000$17,020,000$17,016,000$17,017,000$16,954,000$17,103,000$17,312,000$17,347,000$17,213,000$17,211,000$17,207,000$17,207,000$17,167,000$17,175,000$17,900,000$17,913,000$15,951,000$15,953,000$15,950,000$16,033,000$2,891,000$2,936,000$2,935,000$2,930,000$2,920,000$2,917,000$2,917,000$2,920,000$2,921,000$2,920,000$2,919,000$2,941,000$2,961,000$2,963,000$2,966,000$2,962,000$3,006,000$3,043,000$3,053,000$3,085,000$
Unlevered Free Cash Flow649,372,000$(182,718,000$)42,714,000$(79,996,000$)163,834,000$199,328,000$130,488,000$21,608,000$144,589,000$(5,286,000$)309,696,000$(134,659,000$)120,063,000$57,917,000$114,778,000$(2,919,000$)270,663,000$(33,039,000$)181,583,000$98,115,000$148,509,000$(13,189,000$)22,005,000$87,267,000$93,016,000$136,500,000$67,871,000$59,340,000$128,458,000$71,556,000$78,763,000$37,997,000$84,327,000$115,249,000$65,708,000$71,140,000$71,894,000$86,268,000$20,498,000$(8,327,000$)(5,514,000$)94,897,000$(26,000,000$)43,840,000$30,577,000$79,817,000$29,438,000$37,506,000$