Maximus Inc (MMS) — Free Cash Flow Generation Index
Latest as of March 2026:
0.94x
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). See MMS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.94x
Free Cash Flow / Operating CF
Free Cash Flow
$179.02 Million
USD
Operating Cash Flow
$189.53 Million
USD
Capital Expenditures
$10.51 Million
USD
Maximus Inc Free Cash Flow Generation Index (1996–2025)
Historical FCF Generation Index trend for Maximus Inc across 29 annual periods. Explore MMS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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 market value of Maximus Inc.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).