Maximus, Inc. (MMS) quarterly balance sheet — complete assets, liabilities & equity history
Maximus, Inc. (MMS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.64B | 1.51B | 1.42B | 1.25B | 1.61B | 1.33B | 1.17B | 1.2B | 1.08B | 1.12B | 1.11B | 1.06B | 996.04M | 951.9M | 1.26B | 1.03B | 1.07B | 1.09B | 1.15B | 1.08B |
| Cash & Short-Term Investments | 56.95M | 244.7M | 137.59M | 260.46M | 105.38M | 155.94M | 122.87M | 235.76M | 147.8M | 118.34M | 153.5M | 122.09M | 91.69M | 118.72M | 159.83M | 136.79M | 110.63M | 111.97M | 202.61M | 156.57M |
| Cash Only | 56.95M | 244.7M | 137.59M | 260.46M | 105.38M | 155.94M | 122.87M | 235.76M | 147.8M | 118.34M | 153.5M | 122.09M | 91.69M | 118.72M | 159.83M | 136.79M | 110.63M | 111.97M | 202.61M | 156.57M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.41B | 1.18B | 1.15B | 902M | 1.43B | 1.1B | 964.03M | 884.8M | 859.93M | 930.17M | 876.26M | 843.43M | 832.94M | 754.54M | 1.02B | 809.27M | 883.62M | 900.44M | 852.24M | 840.23M |
| Days Sales Outstanding | 92.24 | 80.2 | 70.1 | 81.29 | 85.33 | 68.24 | 60.63 | 60.99 | 61.94 | 60.96 | 59.61 | 61.2 | 60.77 | 66.11 | 67.3 | 66.16 | 72.11 | 66.99 | 67.65 | 81.93 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 171.38M | 84.4M | 137.87M | 90.47M | 71.64M | 71.43M | 78.47M | 79.98M | 70.56M | 69.94M | 79.86M | 89.95M | 71.4M | 78.64M | 77.73M | 86.25M | 77.34M | 78.09M | 93.48M | 82.69M |
| Total Non-Current Assets | 2.73B | 2.73B | 2.79B | 2.82B | 2.86B | 2.87B | 2.89B | 2.93B | 2.92B | 2.92B | 2.91B | 2.93B | 2.95B | 2.95B | 2.98B | 2.96B | 2.99B | 3.02B | 3.03B | 3.04B |
| Property, Plant & Equipment | 155.07M | 111.28M | 159.32M | 131.49M | 149.97M | 153.19M | 156.65M | 172.57M | 173.84M | 183.78M | 189.91M | 202.76M | 205.37M | 209.55M | 212.47M | 185.14M | 199.45M | 218.13M | 231.49M | 241.98M |
| Fixed Asset Turnover | 9.60x | 9.65x | 9.25x | 9.37x | 8.90x | 8.79x | 8.52x | 7.60x | 7.35x | 7.22x | 6.76x | 6.17x | 5.73x | 5.72x | 6.28x | 6.12x | 5.39x | 5.24x | 4.86x | 4.45x |
| Goodwill | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B | 1.77B |
| Intangible Assets | 477.03M | 699.92M | 517.92M | 752.53M | 779M | 795.21M | 807.1M | 818.25M | 822.84M | 818.85M | 805.69M | 811.46M | 815.96M | 822.59M | 847.78M | 863.64M | 877.66M | 894.44M | 912.11M | 922.04M |
| Long-Term Investments | 3.9M | 3.2M | 3.4M | 5.5M | 8M | 10.2M | 13.4M | 12.6M | 21M | 22.6M | 21.2M | 31.4M | 29.7M | 24.6M | 29M | 31.4M | 21.86M | 0 | 0 | 0 |
| Other Non-Current Assets | 300.83M | 127.83M | 311.55M | 133.62M | 126.39M | 122.15M | 124.28M | 129.88M | 117.62M | 115.17M | 107.15M | 103.04M | 109.46M | 104.15M | 101.3M | 95.83M | 98.72M | 121.62M | 111.95M | 100.06M |
| Total Assets | 4.37B | 4.24B | 4.21B | 4.07B | 4.46B | 4.2B | 4.06B | 4.13B | 4B | 4.04B | 4.02B | 3.99B | 3.94B | 3.9B | 4.23B | 3.99B | 4.06B | 4.11B | 4.18B | 4.12B |
| Asset Turnover | 0.30x | 0.31x | 0.32x | 0.31x | 0.31x | 0.33x | 0.34x | 0.32x | 0.33x | 0.33x | 0.33x | 0.32x | 0.30x | 0.30x | 0.30x | 0.29x | 0.28x | 0.28x | 0.28x | 0.26x |
| Asset Growth % | -2.14% | 0.94% | 3.68% | -1.5% | 11.56% | 3.93% | 1.04% | 3.66% | 1.44% | 3.65% | -5.15% | -0.17% | -2.83% | -5.08% | 1.27% | -3.07% | -7.15% | 68.25% | 102.39% | 103.44% |
| Total Current Liabilities | 678.07M | 681.69M | 608.05M | 765.16M | 706.15M | 721.24M | 678.92M | 807.53M | 680.04M | 728.72M | 658.37M | 723.01M | 683.3M | 681.17M | 746.22M | 774.45M | 730.21M | 753.27M | 710.79M | 789.43M |
| Accounts Payable | 263.22M | 281.98M | 263.28M | 296.89M | 281.99M | 306.44M | 286.36M | 303.32M | 280.84M | 276.2M | 267.62M | 282.08M | 283.69M | 259.46M | 272.2M | 264.55M | 259.02M | 302.91M | 273.29M | 305.56M |
| Days Payables Outstanding | 26.67 | 24.94 | 24.62 | 26.42 | 26.46 | 25.5 | 24.13 | 25.91 | 25.19 | 23.51 | 24.07 | 26.21 | 26.08 | 23.88 | 24.02 | 25.99 | 27.25 | 26.68 | 28.17 | 36.77 |
| Short-Term Debt | 109.88M | 99.33M | 95.79M | 91.28M | 88.14M | 85.84M | 72.96M | 87.8M | 87.94M | 136.99M | 138.93M | 136.7M | 140.29M | 140.42M | 137.03M | 127.46M | 127.38M | 130.64M | 149.05M | 156.63M |
| Deferred Revenue (Current) | 36.63M | 37.91M | 46.57M | 53.78M | 70.2M | 79.45M | 78.17M | 83.24M | 82.06M | 76.57M | 63.03M | 60.48M | 64.82M | 66.8M | 96.2M | 87.15M | 106.8M | 122.07M | 111.58M | 98.59M |
| Other Current Liabilities | 267.21M | 109.14M | 59.19M | 68.94M | 70.31M | 66.47M | 85.07M | 69.52M | 55.73M | 50.56M | 49.2M | 49.06M | 54.43M | 53.03M | 109.87M | 116.37M | 50.51M | 51.25M | 43.09M | 35.06M |
| Current Ratio | 2.42x | 2.21x | 2.34x | 1.64x | 2.27x | 1.84x | 1.72x | 1.49x | 1.59x | 1.53x | 1.69x | 1.46x | 1.46x | 1.40x | 1.68x | 1.33x | 1.47x | 1.45x | 1.62x | 1.37x |
| Quick Ratio | 2.42x | 2.21x | 2.34x | 1.64x | 2.27x | 1.84x | 1.72x | 1.49x | 1.59x | 1.53x | 1.69x | 1.46x | 1.46x | 1.40x | 1.68x | 1.33x | 1.47x | 1.45x | 1.62x | 1.37x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.95B | 1.86B | 1.88B | 1.63B | 1.98B | 1.81B | 1.73B | 1.48B | 1.5B | 1.52B | 1.64B | 1.59B | 1.63B | 1.62B | 1.91B | 1.67B | 1.81B | 1.8B | 1.94B | 1.85B |
| Long-Term Debt | 1.57B | 1.47B | 1.57B | 1.28B | 1.61B | 1.45B | 1.35B | 1.09B | 1.1B | 1.12B | 1.22B | 1.16B | 1.22B | 1.21B | 1.49B | 1.29B | 1.42B | 1.39B | 1.52B | 1.43B |
| Capital Lease Obligations | 56.6M | 56.64M | 65.27M | 71.29M | 83.39M | 88.49M | 89.74M | 97.22M | 101.91M | 112.78M | 118.59M | 129.37M | 120.77M | 121.96M | 119.08M | 86.17M | 93.03M | 106.67M | 119.65M | 121.77M |
| Deferred Tax Liabilities | 199.89M | 212.7M | 176.52M | 149.02M | 161.43M | 166.63M | 172.55M | 169.12M | 200.81M | 192.89M | 198.32M | 203.9M | 207.15M | 201.08M | 203.54M | 206.1M | 196.69M | 198.85M | 196.14M | 194.64M |
| Other Non-Current Liabilities | 90.47M | 81.7M | 24.22M | 84.78M | 80.32M | 73.76M | 77.11M | 77.79M | 62.34M | 62.9M | 64.31M | 59.68M | 61.13M | 62.12M | 68.46M | 62.72M | 69.63M | 76.88M | 82.69M | 67.72M |
| Total Liabilities | 2.63B | 2.54B | 2.49B | 2.4B | 2.69B | 2.53B | 2.41B | 2.29B | 2.18B | 2.25B | 2.3B | 2.32B | 2.31B | 2.3B | 2.65B | 2.44B | 2.54B | 2.55B | 2.65B | 2.64B |
| Total Debt | 1.73B | 1.63B | 1.74B | 1.44B | 1.78B | 1.62B | 1.52B | 1.28B | 1.29B | 1.37B | 1.48B | 1.43B | 1.48B | 1.47B | 1.74B | 1.51B | 1.64B | 1.62B | 1.78B | 1.71B |
| Net Debt | 1.67B | 1.38B | 1.6B | 1.18B | 1.68B | 1.46B | 1.39B | 1.04B | 1.14B | 1.25B | 1.33B | 1.31B | 1.39B | 1.35B | 1.58B | 1.37B | 1.53B | 1.51B | 1.58B | 1.55B |
| Debt / Equity | 0.99x | 0.96x | 1.01x | 0.86x | 1.00x | 0.97x | 0.92x | 0.69x | 0.71x | 0.77x | 0.86x | 0.86x | 0.91x | 0.92x | 1.10x | 0.97x | 1.08x | 1.05x | 1.17x | 1.15x |
| Debt / EBITDA | 8.31x | 8.99x | 10.18x | 8.99x | 8.98x | 8.74x | 9.67x | 8.78x | 7.45x | 8.70x | 10.50x | 10.34x | 15.76x | 14.63x | 15.57x | 11.32x | 18.70x | 15.02x | 15.14x | 16.49x |
| Net Debt / EBITDA | 8.04x | 7.64x | 9.38x | 7.36x | 8.45x | 7.90x | 8.89x | 7.16x | 6.60x | 7.95x | 9.41x | 9.46x | 14.79x | 13.44x | 14.14x | 10.29x | 17.44x | 13.99x | 13.42x | 14.98x |
| Interest Coverage | 6.79x | 6.32x | 7.60x | 5.48x | 7.31x | 7.17x | 4.94x | 5.63x | 6.86x | 6.30x | 4.98x | 4.81x | 2.73x | 3.02x | 3.47x | 7.07x | 4.82x | 8.05x | 8.43x | 6.33x |
| Total Equity | 1.74B | 1.7B | 1.72B | 1.67B | 1.77B | 1.67B | 1.65B | 1.84B | 1.82B | 1.79B | 1.72B | 1.67B | 1.63B | 1.6B | 1.58B | 1.55B | 1.52B | 1.55B | 1.53B | 1.48B |
| Equity Growth % | -1.83% | 1.77% | 4.43% | -9.16% | -2.51% | -6.8% | -4.13% | 10.49% | 11.38% | 11.7% | 8.65% | 7.65% | 7.31% | 3.06% | 3.44% | 4.66% | 4.69% | 13.45% | 17.72% | 19.21% |
| Book Value per Share | 32.81 | 30.90 | 31.10 | 29.38 | 31.11 | 29.22 | 27.45 | 29.97 | 29.63 | 29.03 | 27.92 | 27.07 | 26.53 | 26.09 | 25.84 | 25.28 | 24.64 | 24.91 | 24.48 | 23.68 |
| Total Shareholders' Equity | 1.74B | 1.7B | 1.72B | 1.67B | 1.77B | 1.67B | 1.65B | 1.84B | 1.82B | 1.79B | 1.72B | 1.67B | 1.63B | 1.6B | 1.58B | 1.55B | 1.52B | 1.55B | 1.53B | 1.48B |
| Common Stock | 647.14M | 639.27M | 628.87M | 628.12M | 627.5M | 616.32M | 603.25M | 598.3M | 604.29M | 594.39M | 585.28M | 577.9M | 581.34M | 572.63M | 562.68M | 557.98M | 557.66M | 550.23M | 543.03M | 532.41M |
| Retained Earnings | 1.11B | 1.08B | 1.11B | 1.06B | 1.16B | 1.07B | 1.06B | 1.28B | 1.25B | 1.22B | 1.16B | 1.12B | 1.08B | 1.06B | 1.05B | 1.03B | 995.9M | 1.03B | 1.02B | 987.83M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -20.72M | -21.05M | -19.03M | -17.87M | -12.63M | -18.38M | -19.55M | -32.46M | -30.93M | -30.15M | -30.59M | -27.61M | -24.31M | -33.3M | -29.71M | -33.96M | -31.99M | -26.1M | -36.76M | -39.91M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |