Maximus, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $222.4M | $183.1M | $65.4M | $40.7M | $135.1M | $71.7M | $105.6M | $349.2M |
| Accounts Receivable | $898.1M | $879.5M | $826.9M | $807.1M | $834.8M | $786.2M | $476.7M | $357.6M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.25B | $1.20B | $1.06B | $1.03B | $1.08B | $932.6M | $789.4M | $808.6M |
| Property, Plant & Equipment | $31.0M | $39.0M | $38.8M | $52.3M | $62.6M | $66.7M | $99.6M | $77.5M |
| Goodwill | $1.78B | $1.78B | $1.78B | $1.78B | $1.77B | $593.1M | $584.5M | $399.9M |
| Intangible Assets (Excl. Goodwill) | $538.3M | $630.6M | $703.6M | $804.9M | $879.2M | $145.9M | $179.3M | $88.0M |
| Total Assets | $4.07B | $4.13B | $3.99B | $3.99B | $4.12B | $2.02B | $1.75B | $1.46B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | $765.2M | $807.5M | $723.0M | $774.4M | $789.4M | $561.2M | $364.2M | $277.4M |
| Long-Term Debt | $1.28B | $1.09B | $1.16B | $1.29B | $1.43B | $18.0M | $231.0K | — |
| Total Liabilities | $2.40B | $2.29B | $2.32B | $2.44B | $2.64B | $782.9M | $497.5M | $375.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.06B | $1.28B | $1.12B | $1.03B | $987.8M | $770.5M | $794.7M | $666.2M |
| Total Stockholders' Equity | $1.67B | $1.84B | $1.67B | $1.55B | $1.48B | $1.24B | $1.25B | $1.08B |