Maximus Inc (MMS) — Tangible Net Worth Ratio

Latest as of March 2026: 58.8%

Maximus Inc (MMS) has a Tangible Net Worth Ratio of 58.8% as of March 2026. This metric is calculated by deducting intangible assets ($699.92 Million) from net assets ($1.70 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See MMS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

58.8%
Tangible equity / total equity

Net Assets (Equity)

$1.70 Billion
USD

Intangible Assets

$699.92 Million
Goodwill, patents, brand value

Total Assets

$4.24 Billion
USD

Maximus Inc Tangible Net Worth Ratio (1996–2025)

This chart shows how Maximus Inc's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 58.8%, reflecting net assets of $1.70 Billion with intangible assets of $699.92 Million USD. See Maximus Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Maximus Inc (1996–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Maximus Inc from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Maximus Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 55.0% $1.67 Billion $752.53 Million $4.07 Billion ▼ -0.6 pp
2024 55.6% $1.84 Billion $818.25 Million $4.13 Billion ▲ +4.3 pp
2023 51.3% $1.67 Billion $811.46 Million $3.99 Billion ▲ +7.1 pp
2022 44.3% $1.55 Billion $863.64 Million $3.99 Billion ▲ +6.5 pp
2021 37.7% $1.48 Billion $922.04 Million $4.12 Billion ▼ -47.5 pp
2020 85.2% $1.24 Billion $183.93 Million $2.02 Billion ▲ +2.1 pp
2019 83.0% $1.25 Billion $211.62 Million $1.75 Billion ▼ -6.8 pp
2018 89.8% $1.09 Billion $110.46 Million $1.46 Billion ▲ +3.1 pp
2017 86.7% $945.77 Million $125.52 Million $1.35 Billion ▲ +5.2 pp
2016 81.5% $753.14 Million $139.17 Million $1.35 Billion ▲ +3.4 pp
2015 78.1% $615.70 Million $134.84 Million $1.28 Billion ▼ -7.7 pp
2014 85.8% $556.18 Million $78.97 Million $901.00 Million ▲ +1.4 pp
2013 84.4% $529.51 Million $82.50 Million $857.98 Million ▼ -3.9 pp
2012 88.3% $451.11 Million $52.72 Million $695.29 Million ▼ -3.1 pp
2011 91.4% $374.46 Million $32.27 Million $565.28 Million ▲ +1.0 pp
2010 90.4% $338.79 Million $32.49 Million $527.74 Million ▼ -2.4 pp
2009 92.8% $297.13 Million $21.42 Million $433.23 Million ▼ -0.7 pp
2008 93.5% $275.71 Million $17.82 Million $458.95 Million ▲ +1.6 pp
2007 91.9% $409.40 Million $33.14 Million $564.46 Million ▲ +1.7 pp
2006 90.2% $404.90 Million $39.65 Million $558.50 Million ▼ -2.0 pp
2005 92.2% $405.95 Million $31.71 Million $534.56 Million ▼ -0.3 pp
2004 92.5% $373.55 Million $28.06 Million $464.75 Million ▲ +19.2 pp
2003 73.3% $333.28 Million $88.97 Million $415.02 Million ▼ -24.5 pp
2002 97.8% $302.13 Million $6.54 Million $352.09 Million ▲ +14.4 pp
2001 83.5% $301.41 Million $49.82 Million $347.71 Million ▲ +8.6 pp
2000 74.8% $208.93 Million $52.59 Million $256.90 Million ▼ -20.4 pp
1999 95.3% $175.50 Million $8.30 Million $223.00 Million ▼ -3.5 pp
1998 98.8% $84.70 Million $1.00 Million $120.50 Million ▼ -1.2 pp
1997 100.0% $66.10 Million $0.00 $96.80 Million ▲ +0.0 pp
1996 100.0% $9.20 Million $0.00 $35.50 Million
pp = percentage points