STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
200
13F, latest reported quarter
What the filings say about MMS
Insiders, 180 days
-$174.0K net sold
1 seller · 100% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$174.0K
1 notice
Maximus insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, MAXIMUS, INC. insiders sold a net $174.0K of stock across 81 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
9 earlier Form 4 trades (code P or S) here by this insider (9 sales), the last on Dec 3, 2025.
The trade is 23.1% of the 13,880 shares held after it.
No other insider sold within 30 days.
200 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief of Human Resources Link Michelle F. sold about $174.0K of MMS under a 10b5-1 plan on Oct 1, 2026; 200 funds added in the latest 13F quarter.
6 earlier Form 4 trades (code P or S) here by this insider (4 buys, 2 sales), the last on Dec 17, 2024.
-1.4% median (-0.5% mean) 90-day return after 4 previous buys.
The trade is 0.0% of the 324,990 shares held after it.
1 other insider bought within 30 days.
200 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO & President Caswell Bruce bought about $11.7K of MMS on Feb 10, 2026; 1 other insider bought within 30 days and 200 funds added in the latest 13F quarter.
6 earlier Form 4 trades (code P or S) here by this insider (4 buys, 2 sales), the last on Dec 17, 2024.
-1.4% median (-0.5% mean) 90-day return after 4 previous buys.
The trade is 0.4% of the 326,322 shares held after it.
1 other insider bought within 30 days.
200 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO & President Caswell Bruce bought about $104.2K of MMS on Feb 10, 2026, the largest insider purchase at the company since 2024; 1 other insider bought within 30 days and 200 funds added in the latest 13F quarter.
6 earlier Form 4 trades (code P or S) here by this insider (4 buys, 2 sales), the last on Dec 17, 2024.
-1.4% median (-0.5% mean) 90-day return after 4 previous buys.
The trade is 0.5% of the 328,013 shares held after it.
1 other insider bought within 30 days.
200 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO & President Caswell Bruce bought about $133.2K of MMS on Feb 10, 2026, the largest insider purchase at the company since 2024; 1 other insider bought within 30 days and 200 funds added in the latest 13F quarter.
81 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Nobody has filed for crossing 5%. That is a fact, not missing data.
MMS planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Link Michelle F.
Filed 2026-10-01
$174.0K
MMS mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Third Avenue Small-Cap Value Fund
$6.0M position · as of 2026-07-31
2.8%
Frank Value Fund
$905.9K position · as of 2026-06-30
2.5%
Reinhart Genesis PMV Fund
$18.0M position · as of 2026-05-31
2.5%
Royce Capital Fund - Small-Cap Portfolio
$2.8M position · as of 2026-06-30
1.5%
Royce Small-Cap Value Fund
$1.7M position · as of 2026-06-30
1.5%
Small-Cap Value Series
$5.3M position · as of 2026-05-31
1.4%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Government contracts
Award ceilings over the contract's life, subsidiaries included.
Not annual revenue (USASpending.gov).
Department Of Health And Human Services
THE ADMINISTRATIVE QIC (ADQIC) PROVIDES APPEALS TRAINING AND COORDINATION, LONG TERM CASE FILE STORA · 2026-09-14
$5.2M
Federal awards ≥ $25M in the last 90 days, matched via the SAM.gov parent registry
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Maximus Inc. Political Action Committee (Maxpac)
Cycle 2026 · $123K spent
$137.9K
Federal Election Commission, matched by the PAC's connected organisation
Executive pay vs shareholder return · Bruce Caswell
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$11.2M
$16.8M
$3.0M
+44%
+51%
2024
$10.2M
$16.0M
$3.0M
+44%
+65%
2023
$7.3M
$9.4M
$1.8M
+14%
+32%
2022
$6.3M
$808.8K
$1.5M
-13%
+14%
2021
$7.9M
$10.7M
$2.1M
+23%
+35%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $174.0K sold by insiders over 180 days, 200 funds added last quarter, $174.0K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$5.2B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM MMS
FY Sep 2025
$5.4B
FY Sep 2024
$5.3B
FY Sep 2023
$4.9B
FY Sep 2022
$4.6B
FY Sep 2021
$4.3B
Jun 2026
$1.3B
Mar 2026
$1.3B
Dec 2025
$1.3B
Sep 2025
$1.3B
Jun 2025
$1.3B
Mar 2025
$1.4B
Dec 2024
$1.4B
Sep 2024
$1.3B
At each fiscal year end
Single quarter
Net margin, TTM
+7.1%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM MMS
FY Sep 2025
+5.9%
FY Sep 2024
+5.8%
FY Sep 2023
+3.3%
FY Sep 2022
+4.4%
FY Sep 2021
+6.8%
Jun 2026
+8.1%
Mar 2026
+7.5%
Dec 2025
+7.0%
Sep 2025
+5.7%
Jun 2025
+7.9%
Mar 2025
+7.1%
Dec 2024
+2.9%
Sep 2024
+5.5%
At each fiscal year end
Single quarter
Free cash flow, TTM
$433.2M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM MMS
FY Sep 2025
$366.2M
FY Sep 2024
$401.1M
FY Sep 2023
$223.6M
FY Sep 2022
$233.7M
FY Sep 2021
$480.8M
Jun 2026
-$137.0M
Mar 2026
$179.0M
Dec 2025
-$250.7M
Sep 2025
$641.8M
Jun 2025
-$198.2M
Mar 2025
$25.5M
Dec 2024
-$103.0M
Sep 2024
$131.9M
At each fiscal year end
Single quarter
Debt to equity
0.94x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity MMS
FY Sep 2025
0.80x
FY Sep 2024
0.61x
FY Sep 2023
0.75x
FY Sep 2022
0.88x
FY Sep 2021
1.02x
Jun 2026
0.94x
Mar 2026
0.90x
Dec 2025
0.91x
Sep 2025
0.80x
Jun 2025
0.93x
Mar 2025
0.90x
Dec 2024
0.84x
Sep 2024
0.61x
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.29x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt MMS
FY Sep 2025
0.32x
FY Sep 2024
0.46x
FY Sep 2023
0.25x
FY Sep 2022
0.21x
FY Sep 2021
0.34x
Jun 2026
0.29x
Mar 2026
0.27x
Dec 2025
0.17x
Sep 2025
0.32x
Jun 2025
-0.03x
Mar 2025
0.22x
Dec 2024
0.30x
Sep 2024
0.46x
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+21.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity MMS
FY Sep 2025
+18.1%
FY Sep 2024
+17.5%
FY Sep 2023
+10.1%
FY Sep 2022
+13.5%
FY Sep 2021
+21.4%
Jun 2026
+21.1%
Mar 2026
+22.2%
Dec 2025
+22.1%
Sep 2025
+18.1%
Jun 2025
+17.6%
Mar 2025
+17.4%
Dec 2024
+16.9%
Sep 2024
+17.5%
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+8.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets MMS
FY Sep 2025
+7.8%
FY Sep 2024
+7.6%
FY Sep 2023
+4.1%
FY Sep 2022
+5.0%
FY Sep 2021
+9.5%
Jun 2026
+8.4%
Mar 2026
+8.8%
Dec 2025
+9.0%
Sep 2025
+7.8%
Jun 2025
+7.5%
Mar 2025
+7.3%
Dec 2024
+7.0%
Sep 2024
+7.6%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+13.1%
operating income after a 24.5% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital MMS
FY Sep 2025
+13.1%
FY Sep 2024
+13.3%
FY Sep 2023
+8.1%
FY Sep 2022
+8.6%
FY Sep 2021
+11.2%
Jun 2026
+13.1%
Mar 2026
+14.2%
Dec 2025
+13.8%
Sep 2025
+13.1%
Jun 2025
+11.1%
Mar 2025
+11.4%
Dec 2024
+11.4%
Sep 2024
+13.3%
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+15.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed MMS
FY Sep 2025
+15.9%
FY Sep 2024
+14.8%
FY Sep 2023
+9.1%
FY Sep 2022
+10.0%
FY Sep 2021
+17.0%
Jun 2026
+15.6%
Mar 2026
+16.6%
Dec 2025
+16.8%
Sep 2025
+15.9%
Jun 2025
+14.6%
Mar 2025
+14.5%
Dec 2024
+13.9%
Sep 2024
+14.8%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
9.39x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing MMS
FY Sep 2025
16.46x
FY Sep 2024
18.67x
FY Sep 2023
28.40x
FY Sep 2022
17.64x
FY Sep 2021
17.85x
Jun 2026
7.95x
Mar 2026
9.61x
Dec 2025
13.16x
Sep 2025
16.46x
Jun 2025
12.95x
Mar 2025
13.58x
Dec 2024
16.09x
Sep 2024
18.67x
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$4.9B
market value at close 2026-10-26 on 2026-08-03 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value MMS
FY Sep 2025
$6.3B
FY Sep 2024
$6.6B
FY Sep 2023
$5.7B
FY Sep 2022
$4.8B
FY Sep 2021
$6.5B
Jun 2026
$4.4B
Mar 2026
$4.9B
Dec 2025
$6.1B
Sep 2025
$6.3B
Jun 2025
$5.6B
Mar 2025
$5.2B
Dec 2024
$5.8B
Sep 2024
$6.6B
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+13.0%
TTM free cash flow over market value at close 2026-10-26
FCF yield MMS
FY Sep 2025
+7.1%
FY Sep 2024
+7.2%
FY Sep 2023
+4.9%
FY Sep 2022
+6.7%
FY Sep 2021
+9.4%
Jun 2026
+15.3%
Mar 2026
+10.6%
Dec 2025
+4.6%
Sep 2025
+7.1%
Jun 2025
-3.6%
Mar 2025
+5.7%
Dec 2024
+6.6%
Sep 2024
+7.2%
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.38x
P/E over trailing EPS growth of 25%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing MMS
FY Sep 2025
1.47x
FY Sep 2024
0.21x
FY Sep 2023
n/a
FY Sep 2022
n/a
FY Sep 2021
0.48x
Jun 2026
0.32x
Mar 2026
0.29x
Dec 2025
0.32x
Sep 2025
1.47x
Jun 2025
0.95x
Mar 2025
0.43x
Dec 2024
0.30x
Sep 2024
0.21x
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
MMS ranks highest on profitability (70th percentile) and institutional and government (58th), and lowest on insider conviction (1st), among Services peers.
Profitability
70
Inputs
Return on equity+21.1% · 77 pct, sector of 207
Return on assets+8.4% · 80 pct, sector of 269
Return on invested capital+13.1% · 48 pct, sector of 81
Return on capital employed+15.6% · 76 pct, sector of 203
Financial health
42
Inputs
Debt to equity0.94x · 30 pct, sector of 228
Cash flow to debt0.29x · 55 pct, sector of 199
Growth
29
Inputs
Revenue growth, YoY+2.4% · 40 pct, sector of 341
Backlog growth, YoY-30.3% · 18 pct, sector of 77
Insider conviction
0
Inputs
Net Form 4 buying (codes P and S), 180dno Form 4 purchase or sale (code P or S) in 180 days
Insider buyers, 180d0 · 0 pct, sector of 179
Institutional and government
58
Inputs
Funds adding, latest quarter200 · 72 pct, sector of 243
Congress net buyers, 365dno Congress trades in 365 days
Federal contracts, 180d$5.2M · 12 pct, universe of 69
Lobbying spend, 4 quarters$4.2M · 90 pct, sector of 61
Risk and compliance
20
Inputs
Short interest, % of float+6.6% · 29 pct, sector of 383
Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
New text in Risk Factors, latest 10-K+26.3% · 12 pct, sector of 227
1 not measured: US patents
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
MMS filings, in plain words
Are Maximus insiders buying or selling MMS?
In the 180 days to 2026-10-28, Maximus insiders were net sellers, a net $174.0K across purchases and sales reported on Form 4, by 1 seller.
Are there planned insider sales of MMS?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-28, covering $174.0K of stock; the latest, by Link Michelle F., was filed 2026-10-01.
Read the full summary
In the 180 days to 2026-10-28, Maximus insiders were net sellers of MMS, a net $174.0K across purchases and sales reported on Form 4 by 1 seller. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-28, covering $174.0K of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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