Booz Allen Hamilton (BAH)

NYSE Industrials Research & Consulting Services S&P MidCap 400

$85.35

-3.97 (-4.44%)

Close of Nov 06, 2026 · end-of-day data

Source: Booz Allen Hamilton's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$5.81B	$6.17B	$6.70B	$7.46B	$7.86B	$8.36B	$9.26B	$10.66B	$11.98B	$11.22B
Cost of revenue	$2.68B	$2.87B	$3.10B	$3.38B	$3.66B	$3.90B	$4.30B	$4.92B	$5.42B	$5.30B
Gross profit	$3.13B	$3.30B	$3.60B	$4.08B	$4.20B	$4.46B	$4.95B	$5.74B	$6.56B	$5.91B
Operating income	$506.01M	$519.72M	$602.39M	$669.20M	$754.37M	$685.18M	$447.00M	$1.01B	$1.37B	$1.03B
Interest expense	$62.30M	$82.27M	$89.52M	$96.96M	$81.27M	$92.35M	$119.85M	$172.90M	$186.00M	$212.00M
Pre-tax income	$425.66M	$430.04M	$515.40M	$579.43M	$662.44M	$604.04M	$368.00M	$854.00M	$1.22B	$862.00M
Income tax	$164.83M	$128.34M	$96.87M	$96.83M	$53.48M	$137.47M	$97.00M	$248.00M	$284.00M	$11.00M
Net income	$260.82M	$301.69M	$418.53M	$482.60M	$608.96M	$466.74M	$272.00M	$606.00M	$935.00M	$851.00M
EBITDA	$565.56M	$584.48M	$670.97M	$750.28M	$838.69M	$830.93M	$612.00M	$1.18B	$1.53B	$1.20B
EPS (basic)	$1.74	$2.05	$2.94	$3.43	$4.40	$3.46	$2.04	$4.61	$7.28	$6.92
EPS (diluted)	$1.72	$2.03	$2.91	$3.41	$4.37	$3.44	$2.03	$4.59	$7.25	$6.90
Diluted shares	150.27M	147.75M	143.16M	141.24M	138.70M	134.85M	132.72M	130.82M	128.29M	122.38M
Gross margin	53.9%	53.5%	53.8%	54.7%	53.5%	53.4%	53.5%	53.8%	54.8%	52.7%
Operating margin	8.7%	8.4%	9.0%	9.0%	9.6%	8.2%	4.8%	9.5%	11.4%	9.2%
Net margin	4.5%	4.9%	6.2%	6.5%	7.7%	5.6%	2.9%	5.7%	7.8%	7.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$217.42M	$286.96M	$283.99M	$741.90M	$990.96M	$695.91M	$404.86M	$554.00M	$885.00M	$728.00M
Receivables	$991.81M	$1.13B	$1.33B	$1.46B	$1.41B	$1.62B	$1.77B	$2.05B	$2.27B	$2.06B
Total current assets	$1.29B	$1.49B	$1.70B	$2.33B	$2.64B	$2.45B	$2.29B	$2.74B	$3.31B	$2.96B
Goodwill	$1.57B	$1.58B	$1.58B	$1.58B	$1.58B	$2.02B	$2.34B	$2.34B	$2.40B	$2.40B
Total assets	$3.37B	$3.61B	$3.83B	$4.79B	$5.50B	$6.03B	$6.55B	$6.56B	$7.31B	$7.12B
Total current liabilities	$1.10B	$1.03B	$1.18B	$1.33B	$1.29B	$1.53B	$1.90B	$1.69B	$1.85B	$1.66B
Short-term debt	$193.15M	$63.10M	$57.92M	$177.87M	$77.86M	$68.38M	$41.25M	$62.00M	$83.00M	$19.00M
Long-term debt	$1.47B	$1.76B	$1.70B	$2.01B	$2.28B	$2.73B	$2.77B	$3.35B	$3.92B	$3.92B
Total debt	$1.66B	$1.82B	$1.76B	$2.19B	$2.36B	$2.80B	$2.81B	$3.41B	$4.00B	$3.94B
Total liabilities	$2.80B	$3.04B	$3.16B	$3.94B	$4.43B	$4.98B	$5.56B	$5.52B	$6.31B	$6.01B
Shareholders' equity	$584.87M	$562.49M	$675.37M	$856.36M	$1.07B	$1.05B	$992.00M	$1.05B	$1.00B	$1.10B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$382.28M	$369.14M	$499.61M	$551.43M	$718.68M	$736.53M	$603.00M	$259.00M	$1.01B	$1.04B
Capital expenditures	$53.92M	$78.44M	$94.68M	$128.08M	$87.21M	$79.96M	$76.00M	$67.00M	$98.00M	$90.00M
Free cash flow	$328.36M	$290.71M	$404.93M	$423.35M	$631.47M	$656.56M	$527.00M	$192.00M	$911.00M	$951.00M
Investing cash flow	-$300.90M	-$96.45M	-$89.21M	-$128.08M	-$158.28M	-$867.73M	-$468.00M	-$91.00M	-$218.00M	-$300.00M
Financing cash flow	-$51.49M	-$203.15M	-$413.37M	$34.56M	-$311.35M	-$163.85M	-$426.00M	-$19.00M	-$460.00M	-$898.00M
Dividends paid	$92.92M	$103.41M	$114.23M	$146.60M	$181.07M	$209.06M	$236.00M	$254.00M	$268.00M	$276.00M
Share buybacks	$46.55M	$270.32M	$252.82M	$182.22M	$313.40M	$418.86M	$224.00M	$404.00M	$812.00M	$598.00M
Stock-based compensation	$21.25M	$23.32M	$31.27M	$43.29M	$59.84M	$69.78M	$80.00M	$95.00M	$94.00M	$69.00M
Depreciation & amortization	$59.54M	$64.76M	$68.58M	$81.08M	$84.31M	$145.75M	$165.00M	$164.00M	$165.00M	$163.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$2.57B	$2.77B	$2.94B	$3.15B	$2.92B	$2.98B	$2.92B	$2.89B	$2.62B	$2.78B	$2.80B	$2.78B
Cost of revenue	$1.18B	$1.26B	$1.37B	$1.36B	$1.30B	$1.38B	$1.42B	$1.34B	$1.26B	$1.28B	$1.34B	$1.33B
Gross profit	$1.39B	$1.52B	$1.57B	$1.78B	$1.61B	$1.59B	$1.50B	$1.55B	$1.36B	$1.50B	$1.46B	$1.45B
Operating income	$247.56M	$265.04M	$255.00M	$549.00M	$291.00M	$275.00M	$257.00M	$283.00M	$230.00M	$263.00M	$279.00M	$245.00M
Interest expense	$46.58M	$46.09M	$45.93M	$47.05M	$45.63M	—	—	—	—	—	—	—
Pre-tax income	$207.38M	$219.96M	$214.00M	$513.00M	$248.00M	$244.00M	$216.00M	$233.00M	$187.00M	$226.00M	$251.00M	$199.00M
Income tax	$61.74M	$91.71M	$49.00M	$123.00M	$61.00M	$51.00M	-$55.00M	$58.00M	-$13.00M	$21.00M	$53.00M	$18.00M
Net income	$145.64M	$128.25M	$165.00M	$390.00M	$187.00M	$193.00M	$271.00M	$175.00M	$200.00M	$205.00M	$198.00M	$181.00M
EBITDA	$288.67M	$305.17M	$296.00M	$591.00M	$331.00M	$317.00M	$297.00M	$324.00M	$270.00M	$305.00M	$324.00M	$296.00M
EPS (basic)	$1.11	$0.98	$1.27	$3.02	$1.46	$1.53	$2.17	$1.42	$1.64	$1.69	$1.63	$1.50
EPS (diluted)	$1.11	$0.97	$1.27	$3.01	$1.45	$1.52	$2.16	$1.42	$1.63	$1.68	$1.63	$1.50
Diluted shares	130.49M	-242.85K	129.92M	128.85M	127.94M	-619.08K	124.48M	122.88M	121.35M	-532.79K	120.19M	119.59M
Gross margin	54.0%	54.7%	53.4%	56.7%	55.3%	53.6%	51.3%	53.6%	51.9%	53.9%	52.3%	52.0%
Operating margin	9.6%	9.6%	8.7%	17.5%	10.0%	9.2%	8.8%	9.8%	8.8%	9.5%	10.0%	8.8%
Net margin	5.7%	4.6%	5.6%	12.4%	6.4%	6.5%	9.3%	6.1%	7.6%	7.4%	7.1%	6.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$601.81M	$554.00M	$297.66M	$558.72M	$453.54M	$885.00M	$711.00M	$816.00M	$882.00M	$728.00M	$540.00M	$334.00M
Receivables	$1.97B	$2.05B	$2.28B	$2.23B	$2.22B	$2.27B	$2.29B	$2.22B	$2.05B	$2.06B	$2.32B	$2.35B
Total current assets	$2.68B	$2.74B	$2.70B	$2.92B	$2.85B	$3.31B	$3.13B	$3.22B	$3.08B	$2.96B	$3.04B	$2.88B
Goodwill	$2.34B	$2.34B	$2.39B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$61.00M	$2.40B	$2.53B	$3.03B
Total assets	$6.47B	$6.56B	$6.64B	$6.88B	$6.82B	$7.31B	$7.17B	$7.15B	$7.05B	$7.12B	$7.61B	$8.31B
Total current liabilities	$1.60B	$1.69B	$1.74B	$1.87B	$1.81B	$1.85B	$1.76B	$1.83B	$1.70B	$1.66B	$1.91B	$2.01B
Short-term debt	$51.56M	$62.00M	$72.19M	$82.50M	$82.50M	$83.00M	$83.00M	$83.00M	$83.00M	$19.00M	$19.00M	$19.00M
Long-term debt	$3.37B	$3.35B	$3.33B	$3.31B	$3.29B	$3.92B	$3.90B	$3.88B	$3.86B	$3.92B	$3.92B	$4.39B
Total debt	$3.42B	$3.41B	$3.40B	$3.39B	$3.37B	$4.00B	$3.98B	$3.96B	$3.94B	$3.94B	$3.94B	$4.41B
Total liabilities	$5.39B	$5.52B	$5.56B	$5.68B	$5.61B	$6.31B	$6.11B	$6.16B	$6.03B	$6.01B	$6.41B	$7.06B
Shareholders' equity	$1.09B	$1.05B	$1.08B	$1.20B	$1.21B	$1.00B	$1.06B	$996.00M	$1.02B	$1.10B	$1.20B	$1.24B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$233.99M	$143.93M	$52.00M	$587.00M	$151.00M	$219.00M	$119.00M	$421.00M	$261.00M	$240.00M	$281.00M	$294.00M
Capital expenditures	$23.10M	$16.47M	$32.00M	$24.00M	$17.00M	$25.00M	$23.00M	$26.00M	$13.00M	$28.00M	$20.00M	$31.00M
Free cash flow	$210.89M	$127.46M	$20.00M	$563.00M	$134.00M	$194.00M	$96.00M	$395.00M	$248.00M	$212.00M	$261.00M	$263.00M
Investing cash flow	-$31.25M	-$22.75M	-$127.00M	-$26.00M	-$31.00M	-$34.00M	-$32.00M	-$29.00M	$9.00M	-$248.00M	-$328.00M	-$812.00M
Financing cash flow	-$158.22M	-$169.14M	-$181.00M	-$300.00M	-$225.00M	$246.00M	-$261.00M	-$287.00M	-$204.00M	-$146.00M	-$141.00M	$312.00M
Dividends paid	$61.66M	$67.21M	$66.00M	$67.00M	$65.00M	$70.00M	$70.00M	$68.00M	$67.00M	$71.00M	$73.00M	$72.00M
Share buybacks	$94.47M	$100.35M	$116.00M	$232.00M	$149.00M	$315.00M	$181.00M	$214.00M	$126.00M	$77.00M	$72.00M	$98.00M
Stock-based compensation	$23.77M	$33.72M	$20.00M	$26.00M	$25.00M	$23.00M	$19.00M	$17.00M	$16.00M	$17.00M	$21.00M	$23.00M
Depreciation & amortization	$41.11M	$40.13M	$41.00M	$42.00M	$40.00M	$42.00M	$40.00M	$41.00M	$40.00M	$42.00M	$45.00M	$51.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.