Maximus Inc (MMS) — Free Cash Flow Generation Index
Maximus Inc (MMS) has a Free Cash Flow Generation Index of 0.94x as of March 2026. Free cash flow of $179.02 Million represents 1% of operating cash flow ($189.53 Million). Read Maximus Inc (MMS) financial obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Maximus Inc Free Cash Flow Generation Index (1996–2025)
Historical FCF Generation Index trend for Maximus Inc across 29 annual periods. Explore MMS capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Maximus Inc (1996–2025)
Year-by-year Free Cash Flow Generation Index for Maximus Inc. For the full company profile including market capitalisation, see Maximus Inc (MMS) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.85x | $366.16 Million | $429.37 Million | $63.21 Million | ▲ +9.6% |
| 2024 | 0.78x | $401.07 Million | $515.26 Million | $114.19 Million | ▲ +9.4% |
| 2023 | 0.71x | $223.65 Million | $314.34 Million | $90.69 Million | ▼ -11.8% |
| 2022 | 0.81x | $233.69 Million | $289.84 Million | $56.15 Million | ▼ -13.2% |
| 2021 | 0.93x | $480.76 Million | $517.32 Million | $36.56 Million | ▲ +11.5% |
| 2020 | 0.83x | $203.88 Million | $244.59 Million | $40.71 Million | ▲ +2.6% |
| 2019 | 0.81x | $289.88 Million | $356.73 Million | $66.85 Million | ▼ -11.5% |
| 2018 | 0.92x | $297.00 Million | $323.52 Million | $26.52 Million | ▼ -1.1% |
| 2017 | 0.93x | $313.05 Million | $337.20 Million | $24.15 Million | ▲ +25.1% |
| 2016 | 0.74x | $133.63 Million | $180.03 Million | $46.39 Million | ▲ +51.5% |
| 2015 | 0.49x | $101.07 Million | $206.22 Million | $105.15 Million | ▼ -37.1% |
| 2014 | 0.78x | $166.45 Million | $213.60 Million | $47.15 Million | ▲ +60.4% |
| 2013 | 0.49x | $58.76 Million | $120.94 Million | $62.18 Million | ▼ -39.2% |
| 2012 | 0.80x | $92.01 Million | $115.16 Million | $23.15 Million | ▲ +9.4% |
| 2011 | 0.73x | $70.75 Million | $96.86 Million | $26.11 Million | ▼ -12.7% |
| 2010 | 0.84x | $115.83 Million | $138.44 Million | $22.61 Million | ▲ +532.7% |
| 2009 | 0.13x | $4.05 Million | $30.63 Million | $26.58 Million | ▼ -81.8% |
| 2008 | 0.73x | $41.12 Million | $56.57 Million | $15.45 Million | ▲ +11.5% |
| 2007 | 0.65x | $33.36 Million | $51.19 Million | $17.83 Million | ▲ +198.1% |
| 2006 | -0.66x | $-10.43 Million | $15.70 Million | $26.12 Million | ▼ -181.0% |
| 2005 | 0.82x | $60.76 Million | $74.09 Million | $13.34 Million | ▼ -4.9% |
| 2004 | 0.86x | $40.60 Million | $47.07 Million | $6.48 Million | ▼ -1.6% |
| 2003 | 0.88x | $48.22 Million | $55.05 Million | $6.83 Million | ▲ +1.2% |
| 2002 | 0.87x | $50.51 Million | $58.36 Million | $7.85 Million | ▼ -0.3% |
| 2001 | 0.87x | $33.31 Million | $38.38 Million | $5.07 Million | ▲ +495.8% |
| 2000 | -0.22x | $-900.00K | $4.10 Million | $5.00 Million | ▼ -200.3% |
| 1999 | 0.22x | $6.10 Million | $27.90 Million | $21.80 Million | ▼ -77.5% |
| 1997 | 0.97x | $16.80 Million | $17.30 Million | $500.00K | ▲ +7.5% |
| 1996 | 0.90x | $2.80 Million | $3.10 Million | $300.00K | — |