Is MAXIMUS, INC. (MMS) Halal?

NYSE Industrials United States $3.6B
✗ NOT HALAL
Confidence: 90/100
MAXIMUS, INC. (MMS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 33.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. MAXIMUS, INC. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 33.9%
/ 30%
5.2%
/ 30%
21.2%
/ 30%
0.01%
/ 5%
✗ NOT HALAL
DJIM 33.9%
/ 33%
5.2%
/ 33%
21.2%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
MSCI 35.5%
/ 33%
5.5%
/ 33%
22.2%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
S&P 33.9%
/ 33%
5.2%
/ 33%
21.2%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
FTSE 35.5%
/ 33%
5.5%
/ 33%
22.2%
/ 50%
0.01%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
10.0
Forward: 7.1
EPS
$6.52
Dividend Yield
203.0%
Payout: 18.4%
P/B Ratio
2.1
EV/EBITDA
7.3
EV: $5.1B
Revenue
$5.4B
Growth: -4.1%
Beta
0.6
Low volatility
Current Ratio
2.3

Profitability

Gross Margin 25.1%
Operating Margin 10.9%
Net Margin 6.9%
Return on Equity (ROE) 22.1%
Return on Assets (ROA) 8.9%

Cash Flow & Balance Sheet

Operating Cash Flow$429M
Free Cash Flow$366M
Total Debt$1.4B
Debt-to-Equity97.2
Current Ratio2.3
Total Assets$4.1B

Price & Trading

Last Close$66.03
50-Day MA$79.70
200-Day MA$81.93
Avg Volume682K
Beta0.6
52-Week Range
$64.66
$100.00

About MAXIMUS, INC. (MMS)

CEO
Mr. Bruce L. Caswell
Employees
37,200
Sector
Industrials
Industry
Specialty Business Services
Country
United States
Exchange
NYSE
Market Cap
$3.6B
Currency
USD

Maximus, Inc. operates as a provider of government services worldwide. The company operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Federal Services segment offers business process services, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, such as application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, data management, and infrastructure and engineering solutions. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; subsidized telephone services; and person-centered independent assessment services. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; and system implementation project management services. The Outside the U.S. segment offers BPS and technology solutions for international governments, including health and disability assessments, program administration for employment services, wellbeing solutions and other job seeker-related services, digitally-enabled customer services, and technologies for modernization. Maximus, Inc. was founded in 1975 and is headquartered in McLean, Virginia.

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Frequently Asked Questions

Is MAXIMUS, INC. (MMS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MAXIMUS, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is MAXIMUS, INC.'s debt ratio?

MAXIMUS, INC.'s debt ratio is 33.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 35.5%.

What are MAXIMUS, INC.'s key financial metrics?

MAXIMUS, INC. has a market capitalization of $3.6B, trailing P/E ratio of 10.0, and revenue of $5.4B. The company maintains a gross margin of 25.1% and a net margin of 6.9%. Return on equity stands at 22.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.