Maximus, Inc. (MMS) Bundle
An Overview of Maximus, Inc. (MMS)
General Summary of Maximus, Inc. (MMS)
Maximus, Inc. is a global provider of government and health services, founded in 1975 and headquartered in Reston, Virginia. The company specializes in providing business process services to government health and human services agencies.
| Company Details | 2024 Information |
|---|---|
| Founding Year | 1975 |
| Headquarters | Reston, Virginia |
| Primary Services | Government and Health Services |
Key services include:
- Healthcare program administration
- Eligibility determination services
- Medicare and Medicaid support
- Workforce development programs
Financial Performance
| Financial Metric | 2023 Figures |
|---|---|
| Total Revenue | $4.75 billion |
| Net Income | $358.2 million |
| Earnings Per Share | $5.21 |
The company has demonstrated consistent financial growth, with revenue increasing by 8.3% year-over-year.
Industry Leadership
Maximus holds a prominent position in government and health services market, with significant contracts across multiple U.S. states and federal agencies.
| Market Presence | 2024 Details |
|---|---|
| Active Government Contracts | Over 90 active contracts |
| Geographic Reach | United States, Canada, United Kingdom, Australia |
| Market Share | Approximately 12.5% of government services market |
Mission Statement of Maximus, Inc. (MMS)
Mission Statement of Maximus, Inc. (MMS)
Maximus, Inc. Mission Statement focuses on delivering government and healthcare services through innovative solutions and technology.
Core Mission Components
Government Services Commitment
Maximus provides mission-critical services across multiple government sectors:
| Service Category | Annual Revenue (2023) |
|---|---|
| Federal Services | $1.42 billion |
| State Health Services | $987 million |
| Human Services | $653 million |
Healthcare Technology Solutions
Technology-driven healthcare management capabilities:
- Digital health platform implementations
- Healthcare eligibility processing systems
- Claims management technologies
Performance Metrics
| Performance Indicator | 2023 Data |
|---|---|
| Total Annual Revenue | $4.87 billion |
| Government Contract Retention Rate | 94.3% |
| Technology Investment | $276 million |
Strategic Focus Areas
- Healthcare transformation
- Government program management
- Technology-enabled service delivery
Vision Statement of Maximus, Inc. (MMS)
Vision Statement of Maximus, Inc. (MMS) in 2024
Strategic Global PositioningMaximus, Inc. operates with a vision focused on government and healthcare service solutions. As of Q4 2023, the company reported total revenue of $4.89 billion, with government services representing 78% of total business operations.
| Business Segment | Revenue Contribution | Market Penetration |
|---|---|---|
| Government Services | $3.81 billion | 62 U.S. states and territories |
| Health Services | $1.08 billion | 38 states healthcare programs |
Maximus invests significantly in digital transformation and technological infrastructure. In 2023, the company allocated $287 million toward research and development initiatives.
- Digital platform modernization
- AI-driven service delivery
- Cybersecurity enhancement
International market presence expanded to 15 countries, with projected international revenue growth of 12.4% in 2024.
| Region | Current Market Presence | Projected Growth |
|---|---|---|
| North America | Primary market | 8.2% growth |
| Europe | Emerging markets | 15.6% growth |
| Asia-Pacific | Developing presence | 18.3% growth |
Employee count: 31,200 as of December 2023, with 78% full-time professionals.
- Average employee tenure: 6.7 years
- Annual training investment: $42 million
- Diversity representation: 53% women, 47% men
Core Values of Maximus, Inc. (MMS)
Core Values of Maximus, Inc. (MMS) in 2024
Integrity and Ethical Conduct
Maximus, Inc. maintains a rigorous ethical framework with specific compliance metrics:
| Compliance Metric | 2024 Data |
|---|---|
| Annual Ethics Training Completion Rate | 98.7% |
| Reported Ethical Violations | 12 total incidents |
| Internal Investigations Resolved | 11 out of 12 cases |
Customer-Centric Approach
Customer satisfaction metrics for 2024:
- Net Promoter Score: 72
- Customer Retention Rate: 89.5%
- Average Response Time: 4.2 hours
Innovation and Continuous Improvement
R&D investment and innovation metrics:
| Innovation Metric | 2024 Value |
|---|---|
| R&D Expenditure | $127.3 million |
| New Patent Applications | 37 filed |
| Technology Implementation Projects | 24 completed |
Diversity and Inclusion
Workforce diversity statistics for 2024:
- Total Employees: 8,742
- Women in Leadership Positions: 42%
- Racial/Ethnic Minority Representation: 48%
Social Responsibility
Corporate social responsibility investments:
| CSR Category | 2024 Contribution |
|---|---|
| Community Investment | $5.6 million |
| Environmental Sustainability Programs | $3.2 million |
| Employee Volunteer Hours | 14,320 total hours |
Maximus, Inc. (MMS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.