MMS (Maximus) Earnings per Share (Diluted): $6.68 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MMS Maximus Inc MMS
72 GF Score
Price $60.25
GF Value $93.64
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Maximus Earnings per Share (Diluted)?

Maximus MMS -0.64% 72 Earnings per Share (Diluted) is $6.68 as of Mar. 2026. GuruFocus rates MMS with a GF Score™ of 72/100 and a GF Value™ of $93.64 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 811 Business Services companies, Maximus ranks better than 68.8% on this metric.

Maximus's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $1.80. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $6.68.

Maximus's EPS (Basic) for the three months ended in Mar. 2026 was $1.81. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $6.73.

Maximus's EPS without NRI for the three months ended in Mar. 2026 was $2.07. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $7.70.

During the past 12 months, Maximus's average EPS without NRIGrowth Rate was 12.90% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 19.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 12.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 10.10% per year.

During the past 13 years, Maximus's highest 3-Year average EPS without NRI Growth Rate was 100.80% per year. The lowest was -39.60% per year. And the median was 12.40% per year.


Maximus  (NYSE:MMS) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Maximus Earnings per Share (Diluted) Related Terms


Maximus Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Maximus's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maximus Earnings per Share (Diluted) Chart

Maximus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 3.29 2.63 4.99 5.51

Maximus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 1.86 1.32 1.70 1.80

MMS vs FA, ABM, CMPR: Earnings per Share (Diluted) Comparison

For the Specialty Business Services subindustry, Maximus's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maximus PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's PE Ratio distribution charts can be found below:

* The bar in red indicates where Maximus's PE Ratio falls into.


MMS
72GF Score
Maximus Inc MMS
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Maximus's Earnings Per Share (Diluted) for the fiscal year that ended in Sep. 2025 is calculated as

Diluted Earnings Per Share (A: Sep. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(319.034-0)/57.921
=5.51

Maximus's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2026 is calculated as

Diluted Earnings Per Share (Q: Mar. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(98.063-0)/54.585
=1.80

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $6.68 mean?
Maximus (MMS) has a Earnings per Share (Diluted) of $6.68 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Maximus and its competitors. According to the industry distribution chart, Maximus ranks #253 out of 811 companies in the Business Services industry, placing it in the top 31.2%.
Is Maximus' Earnings per Share (Diluted) too high?
Maximus' current Earnings per Share (Diluted) is $6.68. The Business Services industry median Earnings per Share (Diluted) is 7.90. Maximus' value of $6.68 is 15.4% below this industry median. Based on the distribution chart, Maximus ranks #253 out of 811 companies in the Business Services industry, which is above the industry midpoint. Overall, Maximus has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maximus' Earnings per Share (Diluted) compare to FA and ABM?
According to the Business Services industry distribution chart, Maximus ranks #253 out of 811 companies for Earnings per Share (Diluted). This puts Maximus in the upper half of its industry. The industry median Earnings per Share (Diluted) is 7.90. Maximus' value of $6.68 is 15.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Business Services company?
The median Earnings per Share (Diluted) among Business Services companies is 7.90, based on 811 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maximus's current Earnings per Share (Diluted) of $6.68 is 15.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Maximus and its competitors. For the Business Services industry, the median Earnings per Share (Diluted) is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current Earnings per Share (Diluted) is $6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Based on GuruFocus' analysis, Maximus (MMS) is currently considered Significantly Undervalued. The stock's GF Value™ is $93.64, compared to a current price of $60.25 — trading 35.7% below its estimated fair value. The current Earnings per Share (Diluted) is $6.68 and 15.4% below the Business Services industry median of 7.90. Maximus' overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Maximus (MMS), the current Earnings per Share (Diluted) is $6.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maximus (MMS) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of $60.25 is trading 35.7% below its estimated GF Value™ of $93.64. GuruFocus considers Maximus to be Significantly Undervalued.

Key valuation signals for MMS:

  • Earnings per Share (Diluted): $6.68
  • GF Value™: $93.64 vs. price of $60.25 (35.7% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 15.4% below the Business Services median (#253 of 811)

No single metric tells the full story. See the MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maximus Business Description

Other Exchanges MMY:Germany
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
72GF Score

Get the complete analysis for MMS

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$60.25
Price
$93.64
GF Value