Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $2,025 | $4,119 | $3,993 | $3,986 | $4,132 |
Liabilities | $783 | $2,639 | $2,443 | $2,318 | $2,289 |
Equity | $1,242 | $1,480 | $1,549 | $1,668 | $1,843 |
Edwyn
Over the past 5 years, Maximus, Inc. has shown steady growth in terms of total assets, increasing from $2.02 billion in 2020 to $4.13 billion in 2024. This growth indicates the company's ability to expand its operations and invest in new opportunities. On the liabilities side, there has been a fluctuation with a peak in 2021 at $2.64 billion, but a subsequent decrease to $2.29 billion in 2024. This suggests that the company has effectively managed its debt levels over the years. Stockholders' equity has also shown a consistent upward trend, rising from $1.24 billion in 2020 to $1.84 billion in 2024, reflecting a positive trend in shareholder value. The increase in assets and equity coupled with a decrease in liabilities indicates a strengthening financial position for Maximus, Inc. over the period. The company's ability to grow assets while effectively managing debt is a positive sign of financial health. These trends are important in the context of the industry as they demonstrate Maximus's ability to navigate market challenges and capitalize on growth opportunities. Overall, Maximus, Inc. seems to be on a solid financial footing and poised for continued success in the future.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.