Booz Allen Hamilton Holding Corp (BAH) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.48	$1.81	+22.3%	—	$2.8B	—
Q4 26	$1.36	$1.78	+30.9%	—	$2.8B	—
Q3 26	$1.29	$1.77	+37.2%	—	$2.6B	—
Q2 26	$1.51	$1.49	-1.3%	—	$2.9B	—
Q1 26	$1.45	$1.48	+2.1%	—	$2.9B	—
Q4 25	$1.61	$1.61	0.0%	—	$3B	—
Q3 25	$1.52	$1.55	+2.0%	—	$2.9B	—
Q2 25	$1.49	$1.81	+21.5%	—	$3.1B	—
Q1 25	$1.52	$1.38	-9.2%	—	$2.9B	—
Q4 24	$1.23	$1.33	+8.1%	—	$2.8B	—
Q3 24	$1.14	$1.41	+23.7%	—	$2.6B	—
Q2 24	$1.33	$1.29	-3.0%	—	$2.7B	—
Q1 24	$1.25	$1.47	+17.6%	—	$2.7B	—
Q4 23	$0.95	$1.01	+6.3%	—	$2.4B	—
Q3 23	$1.04	$1.07	+2.9%	—	$2.3B	—
Q2 23	$1.13	$1.34	+18.6%	—	$2.3B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$6.92	—	—	$11.2B	—
FY25	—	$7.28	—	—	$12B	—
FY24	—	$4.61	—	—	$10.7B	—
FY23	—	$2.04	—	—	$9.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$5.8B	$6.2B	$6.7B	$7.5B	$7.9B	$8.4B	$9.3B	$10.7B	$12B	$11.2B
YoY change	+7.47%	+6.16%	+8.7%	+11.3%	+5.29%	+6.42%	+10.7%	+15.2%	+12.4%	-6.37%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	5.8B	6.2B	6.7B	7.5B	7.9B	8.4B	9.3B	10.7B	12B	11.2B
Cost of revenue	2.7B	2.9B	3.1B	3.4B	3.7B	3.9B	4.3B	4.9B	5.4B	5.3B
Gross profit	3.1B	3.3B	3.6B	4.1B	4.2B	4.5B	5B	5.7B	6.6B	5.9B
Gross margin	53.9%	53.5%	53.8%	54.7%	53.5%	53.4%	53.5%	53.8%	54.8%	52.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	814.1M	855.5M	927.9M	1B	1B	1.2B	1.5B	1.3B	1.2B	1.3B
Operating expenses	2.6B	2.7B	2.9B	3.3B	3.4B	3.6B	4.3B	4.6B	5B	4.7B
Operating income	506M	519.7M	602.4M	669.2M	754.4M	685.2M	446.8M	1B	1.4B	1B
Operating margin	8.71%	8.43%	8.99%	8.97%	9.6%	8.19%	4.83%	9.5%	11.4%	9.21%
Non-operating income, net	-18.1M	-7.4M	3.6M	5.1M	-31.2M	-6.3M	42.2M	27.8M	27M	14M
Pretax income	425.7M	430M	515.4M	579.4M	662.4M	604M	367.9M	853.3M	1.2B	862M
Income tax	164.8M	128.3M	96.9M	96.8M	53.5M	137.5M	96.7M	247.6M	284M	11M
Net income	260.8M	301.7M	418.5M	482.6M	609M	466.6M	271.2M	605.7M	935M	851M
Net margin	4.49%	4.89%	6.24%	6.47%	7.75%	5.58%	2.93%	5.68%	7.8%	7.59%
EBITDA	541.8M	571.7M	668.4M	752.8M	823.6M	837.5M	648.9M	1.2B	1.6B	1.2B
EPS	1.69	2.08	2.94	3.43	4.4	3.46	2.04	4.61	7.28	6.92
Diluted EPS	1.67	2.05	2.91	3.41	4.37	3.44	2.03	4.59	7.25	6.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	2.7B	2.6B	2.8B	2.9B	3.1B	2.9B	3B	2.9B	2.9B	2.6B	2.8B	2.8B
Cost of revenue	1.2B	1.2B	1.3B	1.4B	1.4B	1.3B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B
Gross profit	1.4B	1.4B	1.5B	1.6B	1.8B	1.6B	1.6B	1.5B	1.6B	1.4B	1.5B	1.5B
Gross margin	53.8%	54%	54.7%	53.4%	56.7%	55.2%	53.6%	51.3%	53.6%	51.9%	53.9%	52.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	300.9M	300.3M	366.3M	329.3M	225.4M	341.6M	349.7M	323M	308M	317M	318M	305M
Operating expenses	1.1B	1.1B	1.2B	1.3B	1.2B	1.3B	1.3B	1.2B	1.2B	1.1B	1.2B	1.1B
Operating income	267M	247.6M	264.4M	255.2M	548.6M	291.3M	275M	257M	283M	230M	263M	279M
Operating margin	10%	9.63%	9.54%	8.67%	17.4%	9.98%	9.24%	8.79%	9.79%	8.78%	9.45%	9.96%
Non-operating income, net	7.3M	10.3M	4.7M	8.9M	14.5M	4.6M	-986K	3M	-2M	4M	9M	20M
Pretax income	225.8M	207.4M	219.3M	214.4M	513.4M	248.4M	242.9M	216M	233M	187M	226M	251M
Income tax	55.1M	61.7M	91.3M	49.1M	123.2M	61.4M	50.2M	-55M	58M	-13M	21M	53M
Net income	170.7M	145.6M	128M	165.2M	390.1M	186.9M	192.7M	271M	175M	200M	205M	198M
Net margin	6.4%	5.67%	4.62%	5.62%	12.4%	6.41%	6.48%	9.27%	6.06%	7.63%	7.37%	7.07%
EBITDA	310.2M	293.7M	304.4M	300.1M	601.2M	333M	330.1M	295M	322M	274M	337M	344M
EPS	1.29	1.11	—	1.27	3.02	1.46	1.53	2.17	1.42	1.64	1.69	1.63
Diluted EPS	1.29	1.11	—	1.27	3.01	1.45	1.52	2.16	1.42	1.63	1.68	1.63

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	5.3B	5.7B	8.3B	9.6B	11.1B	11.8B	12.3B	19.4B	13.4B	9.6B	8.5B
Enterprise value	6.7B	7.2B	9.7B	11.4B	12.8B	14.2B	14.9B	22.4B	16.8B	13B	12.4B
Shares outstanding	149.4M	146.7M	141.9M	140.1M	137.7M	134.1M	132.2M	130.4M	128.4M	123M	123M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	20.3	18.8	19.7	19.9	18.2	25.3	45.2	31.9	14.4	11.3	11.1
P/S	0.91	0.92	1.23	1.29	1.41	1.41	1.32	1.82	1.12	0.86	0.77
P/B	9.22	10.1	12.2	11.2	10.4	11.3	12.3	18.5	13.4	8.68	7.09
EV/EBITDA	12.4	12.6	14.6	15.1	15.5	16.9	23	18.9	10.7	10.5	9.88
EV/Sales	1.16	1.17	1.45	1.52	1.63	1.7	1.61	2.1	1.4	1.16	1.12
Earnings yield	4.93%	5.31%	5.07%	5.02%	5.49%	3.96%	2.21%	3.13%	6.96%	8.87%	8.99%
FCF yield	6.21%	5.12%	4.91%	4.4%	5.69%	5.57%	4.3%	0.99%	6.78%	9.91%	10.2%
PEG	—	—	—	—	—	—	—	—	—	—	-0.45

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	53.9%	53.5%	53.8%	54.7%	53.5%	53.4%	53.5%	53.8%	54.8%	52.7%	52.3%
Operating margin	8.71%	8.43%	8.99%	8.97%	9.6%	8.19%	4.83%	9.5%	11.4%	9.21%	9.96%
Net margin	4.49%	4.89%	6.24%	6.47%	7.75%	5.58%	2.93%	5.68%	7.8%	7.59%	7.01%
ROE	45.5%	53.6%	62%	56.4%	56.8%	44.6%	27.3%	57.9%	93.2%	77%	68.6%
ROA	7.73%	8.36%	10.9%	10.1%	11.1%	7.74%	4.14%	9.23%	12.8%	12%	9.19%
ROIC	15.4%	17.4%	22.7%	21.3%	25.2%	15.3%	9.03%	17.4%	24.2%	22.7%	19%
Return on tangible assets	-83.3%	-267.7%	438.6%	46.9%	35.3%	67.8%	54%	89.9%	68%	65.4%	57.2%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.18	1.45	1.44	1.75	2.04	1.59	1.21	1.62	1.79	1.78	1.59
Quick ratio	1.18	1.45	1.44	1.75	2.04	1.59	1.21	1.62	1.79	1.78	1.59
Debt / equity	2.9	3.23	2.61	2.93	2.5	2.96	3.09	3.48	4.21	3.73	3.46
Debt / assets	0.49	0.5	0.46	0.52	0.49	0.51	0.47	0.55	0.58	0.58	0.55
Net debt / EBITDA	2.67	2.68	2.21	2.34	2.04	2.87	4.09	2.6	2.13	2.75	2.83
Interest coverage	8.52	6.59	7.03	7.43	12.8	9.6	4.15	5.67	7.42	5.14	5.23
Effective tax rate	38.7%	29.8%	18.8%	16.7%	8.07%	22.8%	26.3%	29%	23.3%	1.28%	13.3%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	38.9	42	47.2	53.3	57.1	62.4	70.1	81.8	93.3	91.2	91.7
EPS (basic)	1.69	2.08	2.94	3.43	4.4	3.46	2.04	4.61	7.28	6.92	6.92
EPS (diluted)	1.67	2.05	2.91	3.41	4.37	3.44	2.03	4.59	7.25	6.9	6.37
Book value per share	3.84	3.83	4.76	6.11	7.78	7.8	7.51	8.03	7.81	8.99	9.99
FCF per share	2.2	1.98	2.85	3.02	4.59	4.89	3.99	1.47	7.09	7.73	9.29
Cash per share	1.46	1.96	2	5.3	7.2	5.19	3.06	4.25	6.89	5.92	4.49
Capex per share	0.36	0.53	0.67	0.91	0.63	0.6	0.58	0.51	0.76	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	0.93%	1.27%	1.41%	1.72%	1.11%	0.96%	0.82%	0.63%	0.82%	—	—
Capex / operating cash flow	13.6%	22.5%	18.8%	22.8%	13.6%	10.6%	16.8%	31.5%	12%	—	—
Payout ratio	35.6%	34.3%	27.3%	30.4%	29.7%	44.8%	86.9%	41.8%	28.7%	32.4%	35.8%
Dividend yield	1.76%	1.82%	1.38%	1.52%	1.63%	1.77%	1.92%	1.31%	2%	2.88%	3.36%

Yield

3.36%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.59

ex-dividend Aug 14, 2026

Payout ratio

36%

of earnings

Dividend growth

10 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 14, 2026	$0.59
Jun 10, 2026	$0.59
Feb 13, 2026	$0.59

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$2.7B	$2.6B	$2.8B	$2.9B	$3.1B	$2.9B	$3B	$2.9B	$2.9B	$2.6B	$2.8B	$2.8B
YoY change	+16%	+12.9%	+13.9%	+10.8%	+18%	+13.5%	+7.34%	-0.6%	-8.15%	-10.2%	-6.44%	-4.24%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	217.4M	287M	284M	741.9M	991M	695.9M	404.9M	554.3M	885M	728M
Receivables	340.7M	395.1M	494.7M	474.8M	375.4M	465.3M	551.7M	700.1M	781M	555M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.3B	1.5B	1.7B	2.3B	2.6B	2.4B	2.3B	2.7B	3.3B	3B
Property, plant & equipment	139.2M	152.4M	172.5M	448.2M	444M	429.5M	383M	362.6M	355M	318M
Goodwill & intangibles	3.7B	3.7B	3.7B	3.8B	3.8B	5.3B	6B	5.9B	5.9B	5.8B
Total assets	3.4B	3.6B	3.8B	4.8B	5.5B	6B	6.6B	6.6B	7.3B	7.1B
Accounts payable	268.6M	340M	417.6M	433M	371.7M	539.5M	597.8M	653.1M	693M	594M
Short-term debt	193.2M	63.1M	57.9M	226.9M	132.8M	120.7M	92.5M	105.1M	124M	62M
Total current liabilities	1.1B	1B	1.2B	1.3B	1.3B	1.5B	1.9B	1.7B	1.8B	1.7B
Long-term debt	1.5B	1.8B	1.7B	2.3B	2.5B	3B	3B	3.5B	4.1B	4.1B
Total liabilities	2.8B	3B	3.2B	3.9B	4.4B	5B	5.6B	5.5B	6.3B	6B
Shareholders' equity	573.6M	562.5M	675.4M	856.4M	1.1B	1B	992M	1B	1B	1.1B
Total debt	1.7B	1.8B	1.8B	2.5B	2.7B	3.1B	3.1B	3.6B	4.2B	4.1B
Net debt	1.4B	1.5B	1.5B	1.8B	1.7B	2.4B	2.7B	3.1B	3.3B	3.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	557.3M	—	—	—	—	—	885M	711M	816M	882M	728M	540M
Receivables	678.2M	—	—	—	—	—	781M	725M	636M	613M	555M	619M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	2.7B	—	—	—	—	—	3.3B	3.1B	3.2B	3.1B	3B	3B
Property, plant & equipment	348.6M	—	—	—	—	—	355M	336M	331M	322M	318M	353M
Goodwill & intangibles	6B	—	—	—	—	—	5.9B	5.9B	5.9B	5.8B	5.8B	6.3B
Total assets	7.2B	—	—	—	—	—	7.3B	7.2B	7.2B	7.1B	7.1B	7.6B
Accounts payable	603.2M	—	—	—	—	—	693M	635M	686M	552M	594M	677M
Short-term debt	87.4M	—	—	—	—	—	124M	125M	124M	124M	62M	48M
Total current liabilities	1.6B	—	—	—	—	—	1.8B	1.8B	1.8B	1.7B	1.7B	1.9B
Long-term debt	3.6B	—	—	—	—	—	4.1B	4.1B	4B	4B	4.1B	4.1B
Total liabilities	6.1B	—	—	—	—	—	6.3B	6.1B	6.2B	6B	6B	6.4B
Shareholders' equity	1.1B	—	—	—	—	—	1B	1.1B	996M	1B	1.1B	1.2B
Total debt	3.7B	—	—	—	—	—	4.2B	4.2B	4.2B	4.1B	4.1B	4.2B
Net debt	3.1B	—	—	—	—	—	3.3B	3.5B	3.3B	3.3B	3.4B	3.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	260.8M	301.7M	418.5M	482.6M	609M	466.6M	271.2M	605.7M	935M	851M
Depreciation & amortization	59.5M	64.8M	68.6M	81.1M	84.3M	145.7M	165.5M	164.2M	165M	163M
Stock-based compensation	21.2M	23.3M	31.3M	43.3M	59.8M	69.8M	80.3M	95M	94M	69M
Change in working capital	18.6M	-55.6M	-43.3M	-170.5M	-400.6M	144.6M	229.6M	-610.8M	-336M	-9M
Operating cash flow	396.7M	349.1M	503.1M	561.7M	642.1M	757M	453M	211.6M	817M	1B
Capital expenditure	-53.9M	-78.4M	-94.7M	-128.1M	-87.2M	-80M	-76.1M	-66.7M	-98M	—
Investing cash flow	-300.9M	-96.5M	-83.7M	-128.1M	-158.3M	-867.7M	-468M	-90.6M	-218M	-210M
Dividends paid	-92.9M	-103.4M	-114.2M	-146.6M	-181.1M	-209.1M	-235.7M	-253.4M	-268M	-276M
Share repurchases	-46.5M	-270.3M	-252.8M	-182.2M	-313.4M	-418.9M	-223.9M	-404.1M	-812M	-598M
Financing cash flow	-66.2M	-215.2M	-425.5M	-51.3M	-851M	-222M	-854.3M	-34.5M	-465M	-898M
Net change in cash	29.6M	37.4M	-6.1M	382.3M	-367.1M	-332.7M	-869.4M	86.4M	134M	-67M
Free cash flow	328.4M	290.7M	404.9M	423.3M	631.5M	656.6M	526.7M	192.1M	911M	951M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	170.7M	145.6M	128M	165.2M	390.3M	187.3M	192.7M	271M	175M	200M	205M	198M
Depreciation & amortization	40.9M	41.1M	40.3M	41.1M	42.2M	40.3M	41.7M	40M	41M	40M	42M	45M
Stock-based compensation	19.8M	23.8M	33.7M	19.9M	25.7M	24.8M	23.2M	19M	17M	16M	17M	21M
Change in working capital	-346M	59.6M	-61.9M	-86.3M	-143M	-158.4M	51.4M	-118M	164M	-9M	-46M	101M
Operating cash flow	-98.9M	284M	154.5M	153.8M	332M	111.2M	315.8M	224M	421M	261M	240M	281M
Capital expenditure	-16.9M	-23.1M	-16.2M	-32.4M	-24.2M	-17.4M	-24.6M	-23M	—	—	—	—
Investing cash flow	-21.9M	-31.3M	-22.4M	-127.3M	-26.3M	-30.8M	-34.2M	-32M	-3M	22M	-220M	-308M
Dividends paid	-62.1M	-61.7M	-66.6M	-66.4M	-67M	-65.4M	-69.6M	-70M	-68M	-67M	-71M	-73M
Share repurchases	-80.8M	-94.5M	-100.5M	-116.3M	-232.6M	-149.1M	-314.9M	-181M	-214M	-126M	-77M	-72M
Financing cash flow	329.7M	-159.5M	-170.3M	-184.4M	-305.1M	-230.9M	246.9M	-282M	-287M	-204M	-146M	-146M
Net change in cash	208.9M	93.3M	-38.1M	-158M	639K	-150.6M	528.6M	-90M	131M	79M	-126M	-173M
Free cash flow	-64.3M	210.9M	127.6M	19.7M	563M	133.6M	194.4M	96M	395M	248M	212M	261M

Booz Allen Hamilton Holding Corp Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement