MAXIMUS, Inc. (MMS)

In November 2025, MAXIMUS reported its fiscal year 2025 results, with revenue increasing by 2.4% and declared a quarterly dividend. In January 2026, the dividend increased by 10%. February 2026 saw a revenue miss in the fiscal year 2026 first-quarter results, leading to a stock decline, although adjusted EPS beat forecasts and the adjusted EBITDA margin improved. The stock hit a 52-week low in early April 2026, and geopolitical tensions impacted the stock. In April 2026, another quarterly dividend was declared.

MAXIMUS has indicated that seasonality factors can slightly reduce margins in its U.S. Services Segment during certain periods, as noted in its fiscal year 2025 first-quarter results, suggesting seasonal fluctuations in demand.

MAXIMUS, Inc. (MMS) is an American government services company specializing in administering government health and human services programs and providing technology solutions to governments worldwide, operating within the Industrials sector. Its services are categorized into U.S. Federal Services, U.S. Services, and Outside the U.S., offering business process services, technology solutions, and program administration.

MAXIMUS, Inc. has a global presence with operations in the United States, Canada, the United Kingdom, Saudi Arabia, and the United Arab Emirates, and has expanded into Australia. Its headquarters are located in Tysons, Virginia.

MAXIMUS has received positive recognitions, including being listed among "America's Best Large Employers (2026)," "America's Best Employers for Tech Workers (2025)," "World's Top Companies for Women (2024)," "America's Best Employers for Women (2024)," and "Best Employers for Diversity (2023)." However, its reputation has been affected by an $8 million settlement with the U.S. Department of Justice and prior scrutiny concerning its student loan servicing practices and labor violations.

MAXIMUS, Inc. has significant institutional ownership, with 393 to 517 institutional owners holding 57.3 million to 59.1 million shares. Major institutional shareholders include BlackRock, Inc., Fmr Llc, Vanguard Group Inc, State Street Corp, Dimensional Fund Advisors Lp, Mackenzie Financial Corp, Fuller & Thaler Asset Management, Inc., Geode Capital Management, Llc, Van Berkom & Associates Inc., and Boston Partners. Individual ownership accounts for a smaller percentage, around 1.85%.