Maximus
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
16.7515.09
Price/Sales ratio
0.970.95
Earnings per Share (EPS)
$5.07$5.63

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
25.1720.8720.2118.9020.6920.1117.7317.5328.2118.5314.3820.11
Price/Sales ratio
1.891.541.721.741.721.241.210.770.931.070.821.24
Price/Book Value ratio
6.454.964.503.853.993.473.482.302.733.082.393.47
Price/Cash Flow ratio
19.2520.6712.5512.9013.9617.639.9812.3314.5211.038.5617.63
Price/Free Cash Flow ratio
39.2927.8513.5214.0517.1921.1510.7415.2920.4114.1811.4721.15
Price/Earnings Growth ratio
2.461.451.143.351.93-2.270.46-0.59-1.430.202.701.93
Dividend Yield
0.30%0.31%0.27%0.28%1.28%1.62%1.33%1.92%1.49%1.28%1.64%1.28%
Profitability Indicator Ratios
Gross Profit Margin
24.41%23.39%24.96%24.84%23.25%20.54%22.25%20.29%20.97%23.58%23.18%23.18%
Operating Profit Margin
12.37%11.92%12.79%12.35%10.98%8.32%9.60%7.03%6.01%9.20%9.21%9.21%
Pretax Profit Margin
12.37%11.89%12.82%12.50%10.99%8.29%9.01%5.98%4.28%7.66%7.66%8.29%
Net Profit Margin
7.51%7.42%8.54%9.22%8.34%6.19%6.84%4.40%3.29%5.78%5.78%6.19%
Effective Tax Rate
38.39%36.99%32.47%26.20%24.21%25.27%24.10%26.44%23.06%24.50%24.50%24.21%
Return on Assets
12.32%13.22%15.50%15.09%13.79%10.59%7.06%5.10%4.05%7.42%7.42%10.59%
Return On Equity
25.66%23.81%22.27%20.36%19.3%17.27%19.67%13.15%9.70%16.65%17.12%17.27%
Return on Capital Employed
28.12%28.43%30.30%24.94%22.95%19.69%12.26%10.12%9.03%14.69%14.70%19.69%
Liquidity Ratios
Current Ratio
1.621.822.072.912.161.66N/AN/AN/AN/A1.481.66
Quick Ratio
1.621.822.072.912.221.661.371.331.451.481.481.66
Cash ratio
0.200.190.521.250.280.120.170.050.090.220.220.22
Days of Sales Outstanding
74.2475.6464.8360.2878.5683.1172.0863.7862.7660.4960.4983.11
Days of Inventory outstanding
N/AN/AN/AN/A-3.42-0.27-0.59N/AN/AN/AN/A-3.42
Operating Cycle
74.2475.6464.8360.2875.1382.8471.4863.7862.7660.4960.4982.84
Days of Payables Outstanding
35.7429.8724.2223.2229.2833.6133.7226.1526.5627.3027.1633.61
Cash Conversion Cycle
38.5045.7640.6037.0645.8449.2237.7637.6236.2033.1933.3349.22
Debt Ratios
Debt Ratio
0.160.120.000.000.000.050.360.330.310.030.030.00
Debt Equity Ratio
0.340.220.000.000.000.081.010.870.740.070.070.00
Long-term Debt to Capitalization
0.250.180.00N/AN/A0.010.490.450.410.050.050.01
Total Debt to Capitalization
0.250.180.000.000.000.080.500.460.420.060.060.00
Interest Coverage Ratio
189.2567.86145.78298.83107.23140.00N/AN/AN/AN/A5.92140.00
Cash Flow to Debt Ratio
0.971.08504.792.37K36.932.230.340.210.253.753.753.75
Company Equity Multiplier
2.081.801.431.341.391.632.782.572.382.242.241.39
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.090.070.130.130.120.070.120.060.060.090.090.09
Free Cash Flow / Operating Cash Flow Ratio
0.490.740.920.910.810.830.920.800.710.770.740.83
Cash Flow Coverage Ratio
0.971.08504.792.37K36.932.230.340.210.253.753.753.75
Short Term Coverage Ratio
579.26649.912.39K2.37K36.932.666.424.563.6112.8312.8312.83
Dividend Payout Ratio
7.55%6.56%5.57%5.29%26.52%32.70%23.63%33.71%42.07%23.75%23.75%32.70%