Maximus, Inc.
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S.
Specialty Business Services
US, Tysons [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 30.00 | 138.00 | 96.00 | 115.00 | 120.00 | 213.00 | 206.00 | 180.00 | 337.00 | 323.00 | 356.00 | 244.00 | 517.00 | 289.00 | 314.00 | |
| Operating Cash (Net) | 30.00 | 138.00 | 96.00 | 115.00 | 120.00 | 213.00 | 206.00 | 180.00 | 337.00 | 323.00 | 356.00 | 244.00 | 517.00 | 289.00 | 314.00 | |
| Accounts Receivable | -7.00 | 2.00 | -1.00 | -4.00 | -93.00 | - - | -103.00 | -51.00 | 53.00 | 34.00 | -60.00 | -141.00 | 38.00 | 14.00 | -23.00 | |
| Accounts Payable | 1.00 | - - | 7.00 | 6.00 | 31.00 | -2.00 | 44.00 | -2.00 | -28.00 | -7.00 | 47.00 | 79.00 | 26.00 | -32.00 | 17.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -67.00 | 52.00 | -18.00 | 3.00 | -48.00 | - - | -28.00 | -89.00 | 31.00 | 13.00 | -2.00 | -72.00 | 104.00 | -79.00 | -31.00 | |
| Other WC | -34.00 | 33.00 | -15.00 | 4.00 | 25.00 | 2.00 | 38.00 | -27.00 | 4.00 | -22.00 | 57.00 | 68.00 | 65.00 | -60.00 | -26.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -27.00 | -32.00 | -26.00 | -86.00 | -129.00 | -49.00 | -393.00 | -87.00 | -25.00 | -46.00 | -483.00 | -44.00 | -1,835.00 | -54.00 | -80.00 | |
| Capital Expenditure | -26.00 | -22.00 | -26.00 | -23.00 | -62.00 | -47.00 | -105.00 | -46.00 | -24.00 | -26.00 | -66.00 | -40.00 | -36.00 | -56.00 | -90.00 | |
| Purchases of Investments | - - | - - | - - | - - | - - | - - | - - | - - | - - | -19.00 | 19.00 | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -19.00 | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -26.00 | -22.00 | -26.00 | -23.00 | -62.00 | -47.00 | -105.00 | -46.00 | -24.00 | -26.00 | -66.00 | -40.00 | -36.00 | -56.00 | -90.00 | |
| Acquisitions (Net) | - - | -10.00 | -1.00 | -63.00 | -68.00 | -2.00 | -289.00 | -41.00 | -1.00 | - - | -437.00 | -3.00 | -1,798.00 | -14.00 | 9.00 | |
| Other Investing Activities | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 20.00 | - - | - - | 16.00 | 9.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -35.00 | -42.00 | -50.00 | -17.00 | -41.00 | -127.00 | -111.00 | -96.00 | -215.00 | -91.00 | -110.00 | -230.00 | -1,385.00 | -248.00 | -250.00 | |
| Debt Repayment | - - | - - | - - | -1.00 | - - | -15.00 | -123.00 | -195.00 | -349.00 | -136.00 | -405.00 | -619.00 | -847.00 | -770.00 | -952.00 | |
| Dividends Paid | -8.00 | -8.00 | -10.00 | -12.00 | -12.00 | -12.00 | -11.00 | -11.00 | -11.00 | -11.00 | -63.00 | -70.00 | -68.00 | -68.00 | -68.00 | |
|
Common Stock
|
32 | 43 | 56 | 14 | 35 | 127 | 414 | 183 | 214 | 203 | 462 | 805 | 2,321 | 96 | 8 | |
| Issued | 2.00 | 3.00 | - - | 1.00 | 2.00 | 16.00 | 331.00 | 150.00 | 185.00 | 136.00 | 414.00 | 638.00 | 2,318.00 | - - | - - | |
| Repurchased | -30.00 | -40.00 | -56.00 | -12.00 | -33.00 | -111.00 | -82.00 | -33.00 | -28.00 | -66.00 | -47.00 | -166.00 | -3.00 | -96.00 | -8.00 | |
| Other Financing Activities | - - | 2.00 | 16.00 | 7.00 | 1.00 | -5.00 | -2.00 | -6.00 | -10.00 | -13.00 | -9.00 | -11.00 | -12.00 | 687.00 | 770.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 119.00 | 87.00 | 155.00 | 172.00 | 189.00 | 125.00 | 158.00 | 74.00 | 66.00 | 166.00 | 356.00 | 116.00 | 88.00 | 156.00 | 136.00 | |
| End of Period | 87.00 | 155.00 | 172.00 | 189.00 | 125.00 | 158.00 | 74.00 | 66.00 | 166.00 | 349.00 | 116.00 | 88.00 | 156.00 | 136.00 | 122.00 | |
| Change | -31.00 | 67.00 | 17.00 | 16.00 | -63.00 | 32.00 | -83.00 | -8.00 | 100.00 | 182.00 | -240.00 | -27.00 | 68.00 | -19.00 | -14.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 12.00 | 18.00 | 22.00 | 26.00 | 35.00 | 48.00 | 56.00 | 71.00 | 67.00 | 62.00 | 85.00 | 100.00 | 90.00 | 132.00 | 149.00 | |
| Stock Based Compensation | 7.00 | 7.00 | 9.00 | 12.00 | 14.00 | 17.00 | 17.00 | 18.00 | 21.00 | 20.00 | 20.00 | 23.00 | 28.00 | 30.00 | 29.00 | |
| Other | -3.00 | -2.00 | 80.00 | 76.00 | - - | 1.00 | 114.00 | -6.00 | - - | 113.00 | 189.00 | -1.00 | 9.00 | -8.00 | 3.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 4.00 | 115.00 | 70.00 | 92.00 | 58.00 | 166.00 | 101.00 | 133.00 | 313.00 | 297.00 | 289.00 | 203.00 | 480.00 | 233.00 | 223.00 | |
| Cash Conversion Cycle (CCC) | 70.00 | 37.00 | 30.00 | 30.00 | 38.00 | 31.00 | 38.00 | 45.00 | 40.00 | 37.00 | 45.00 | 49.00 | 37.00 | 37.00 | 36.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | - - | 3.00 | -1.00 | 5.00 | -12.00 | -4.00 | -6.00 | -4.00 | 3.00 | -2.00 | -2.00 | 1.00 | - - | -7.00 | 2.00 |