---
schema_version: "secwatch.filing_event.v1"
accession: "0001032220-23-000092"
form_type: "8-K"
ticker: "MMS"
cik: "0001032220"
company_name: "MAXIMUS, INC."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T00:47:31.181875+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Maximus reports Q4/FY2023 results; FY2024 guidance $5.05-5.2B revenue, adj. EPS $5.05-5.35

## Summary
- FY2023 revenue $4.90B (+5.9% YoY), adj. diluted EPS $3.83; Q4 revenue $1.26B (+7.0%), organic growth 7.4%.
- Record contract backlog $20.7B (4x TTM revenue); signed awards $6.1B in FY2023; book-to-bill 1.2x.
- Quarterly dividend raised to $0.30/share from $0.28; payable Nov 30, 2023 to holders of record Nov 15.
- FY2024 guidance: revenue $5.05-5.2B, adj. operating income $488-513M, adj. diluted EPS $5.05-5.35, FCF $290-340M.

## SEC filing metadata
- accession: 0001032220-23-000092
- form_type: 8-K
- ticker: MMS
- cik: 0001032220
- company_name: MAXIMUS, INC.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000092/0001032220-23-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000092/mms-20231115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032220-23-000092
- JSON: https://secwatch.observer/filing/0001032220-23-000092.json
- Plain text: https://secwatch.observer/filing/0001032220-23-000092.txt

## Key facts
- Earnings Releases
  MAXIMUS, INC. reported fiscal year and fourth quarter ended September 30, 2023 results: revenue Full year $4.90 billion; fourth quarter $1.26 billion, EPS Full year diluted $2.63; fourth quarter diluted $0.96. Guidance initiated.
  - Period: fiscal year and fourth quarter ended September 30, 2023
  - Revenue: Full year $4.90 billion; fourth quarter $1.26 billion
  - EPS: Full year diluted $2.63; fourth quarter diluted $0.96
  - Guidance: initiated
  - Result: reported results
  source text: Highlights for the fourth quarter and full fiscal year 2023 include: • Full year revenue increased 5.9% to $4.90 billion, compared to $4.63 billion for the prior year. Organic growth was 7.1% and driven by higher volumes on key programs in the U.S. segments. Fourth quarter revenue grew 7.0%, or 7.4% on an organic basis. • Full year diluted earnings per share were $2.63, and adjusted diluted earnings per share were $3.83. Fourth quarter diluted earnings per share were $0.96, and adjusted diluted earnings per share were $1.29. Excluding the previously disclosed cybersecurity incident, adjusted earnings per share were $4.18 and $1.38 for the full year and fourth quarter, respectively, of fiscal year 2023. • Record contract backlog of $20.7 billion at September 30, 2023, or 4 times trailing twelve months revenue, and signed contract awards totaling $6.1 billion in fiscal year 2023. • A quarterly cash dividend of $0.30 per share payable on November 30, 2023, to shareholders of record on Nov
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000092/0001032220-23-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.