Booz Allen Hamilton
BAH NYSE· Research & Consulting Services
Last close · Oct 27, 2026
$83.40
KIRA · Stoqly’s AI analyst, in plain words
- Booz Allen Hamilton had $11.2B of revenue in fiscal 2026, down 6.4% on the year before. Over five years, revenue changed +7.4% a year on average.
- Its operating margin was 9.2%, down 2.2 pts: of every 100 in sales, about 9 is left after running the business.
- Booz Allen Hamilton made $851M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew 16.7% a year.
- Free cash flow was $951M in fiscal 2026, 8.5% of revenue.
- Booz Allen Hamilton returned $874M to shareholders in fiscal 2026, 92% of free cash flow. The diluted share count fell 4.6%.
- Booz Allen Hamilton owes $3.2B more than it holds in cash, about 2.7 years of operating profit.
Market cap
$10.0B
P/E
13.0x
Revenue
$11.2B
Net income
$851M
Free cash flow
$951M
Operating margin
9.2%
Booz Allen Hamilton in 30 seconds · fiscal 2026
Are sales growing?
−6.4%
No. Sales fell 6.4% last year.
Does it make a profit?
7.6%
A little. It keeps 7.6% of every sale as profit.
Does profit turn into cash?
8.5%
Partly. 8.5% of sales ends up as free cash.
Is debt under control?
2.7x
Keep an eye on it. Repaying its debt would take 2.7 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
13.0x
One share costs 13.0 times its yearly profit per share. Typical for its sector: 26.0x.
What Booz Allen Hamilton does
Booz Allen Hamilton builds technology and provides technical services, mostly for the U.S. government. Its work covers artificial intelligence, cybersecurity, data, software, cloud systems and defense products such as command and control systems and gear for soldiers. Its customers include all six branches of the U.S. military, intelligence agencies such as the National Security Agency, and many civilian agencies. It also sells cyber products and incident response to businesses. Booz Allen gets substantially all of its revenue from U.S. government contracts. The Department of Veterans Affairs, its largest civilian customer, provided 10% of revenue in fiscal 2026, the year ended March 31, 2026. About 84% of revenue came from task orders under IDIQ contracts, which are umbrella agreements under which agencies place separate orders. Revenue fell 6% to $11,217 million, which the company ties to slower government buying and funding, including a government shutdown.
Biggest risks, in its own words
- Its dependence on U.S. government agencies for substantially all of its revenue.
- Changes in government spending levels and priorities, and delays in passing the federal budget.
- Losing contracts when they are put up for bid again, or failing to win new ones against many rivals.
- Failing to get or keep the security clearances it needs to do some of its work.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 10-K · May 22, 2026
- Legal name
- Booz Allen Hamilton Holding Corporation
- CIK
- 0001443646
Booz Allen Hamilton · BAH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.4B | $9.3B | $10.7B | $12.0B | $11.2B |
| Revenue growth | 6.4% | 10.7% | 15.2% | 12.4% | −6.4% |
| Gross margin | 53.4% | 53.5% | 53.9% | 54.8% | 52.7% |
| Operating margin | 8.2% | 4.8% | 9.5% | 11.4% | 9.2% |
| Net income | $467M | $272M | $606M | $935M | $851M |
| Net margin | 5.6% | 2.9% | 5.7% | 7.8% | 7.6% |
| Diluted EPS | $3.44 | $2.03 | $4.59 | $7.25 | $6.90 |
| Cash | |||||
| Cash from operations | $737M | $603M | $259M | $1.0B | $1.0B |
| Capital expenditure | $80.0M | $76.0M | $67.0M | $98.0M | $90.0M |
| Free cash flow | $657M | $527M | $192M | $911M | $951M |
| FCF margin | 7.9% | 5.7% | 1.8% | 7.6% | 8.5% |
| Dividends paid | $209M | $236M | $254M | $268M | $276M |
| Share buybacks | $419M | $224M | $404M | $812M | $598M |
| Share count change | −2.8% | −1.6% | −1.4% | −1.9% | −4.6% |
| Debt and strength | |||||
| Cash and short-term investments | $696M | $405M | $554M | $885M | $728M |
| Debt incl. finance leases | $2.8B | $2.8B | $3.4B | $4.0B | $3.9B |
| Shareholders' equity | $1.0B | $992M | $1.0B | $1.0B | $1.1B |
| Net debt / EBITDA | 2.5x | 3.9x | 2.4x | 2.0x | 2.7x |
| Current ratio | 1.6x | 1.2x | 1.6x | 1.8x | 1.8x |
| Interest coverage | 7.4x | 3.7x | 5.9x | 7.4x | 4.9x |
| Returns and quality | |||||
| Return on capital | 18.9% | 10.1% | 19.7% | 26.2% | 24.2% |
| Return on equity | 44.1% | 26.7% | 59.4% | 91.2% | 80.7% |
| Piotroski F-score | 4 | 7 | 7 | 8 | 5 |
| Altman Z'' | 3.1 | 2.1 | 3.5 | 4.1 | 4.0 |
Insiders bought, 12 months
$2.0M
1 insider
Insiders sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Booz Allen Hamilton · BAH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Booz Allen Hamilton BAH | $10.0B | −6.4% | 9.2% | 8.5% | 24.2% | 13.0x | 5 |
| Thomson Reuters TRI | $52.3B | 3.0% | 28.5% | 27.0% | 11.8% | — | 6 |
| Equifax EFX | $20.8B | 6.9% | 18.0% | 18.7% | 8.5% | 28.4x | 6 |
| TransUnion TRU | $14.7B | 9.4% | 18.7% | 14.5% | 7.1% | 20.9x | 8 |
| FTI Consulting FCN | $4.6B | 2.4% | 10.3% | 2.5% | 16.6% | 19.1x | 4 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $83.40 a share, the company is worth $10.0B: 13.0 times its earnings of the last four quarters.
Booz Allen Hamilton grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001443646). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.