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BAH US​
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BAH US​
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Booz Allen Hamilton Holding Corp(BAH US)

$86.22-0.220.25%Ext:$85.70-0.520.60%(Market Closed · 01:00:02 UTC)
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Booz Allen Hamilton Holding Corp(BAH US)

$86.22-0.220.25%Ext:$85.70-0.520.60%(Market Closed · 01:00:02 UTC)
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Booz Allen Hamilton Holding Corp — Company Profile

Booz Allen Hamilton Holding Corporation (BAH) operates as a prominent consulting and technology firm, offering a diverse range of services to governmental bodies, commercial enterprises, and non-profit organizations both domestically and internationally. Their core offerings encompass strategic management and technology advisory, with a focus on areas like business strategy, human resources, and operational efficiency across various sectors. A significant aspect of their work involves advanced analytics. This includes pioneering solutions in artificial intelligence, specifically machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and sophisticated decision analytics; and cutting-edge quantum computing. Furthermore, Booz Allen Hamilton designs, develops, and implements digital solutions using contemporary methodologies and modern architectural frameworks. They provide comprehensive engineering services for defining, developing, deploying, sustaining, and upgrading complex physical systems. The company also delivers robust cyber risk management solutions, emphasizing prevention, detection, and overall cost-effectiveness. Founded in 1914, Booz Allen Hamilton's corporate headquarters are located in McLean, Virginia.

Sector
Communication Services
Industry
Media
Exchange
UN
CEO
Horacio D. Rozanski
Headquarters
McLean, VA, US
IPO Date
Nov 18, 2010
Employees
30,900
Website
www.boozallen.com

Key Metrics

Price
$67.35
Market Cap
$8.10B
Revenue (TTM)
$11.22B
Net Income (TTM)
$851.00M
EPS (TTM)
6.91
P/E (TTM)
9.54
P/B (TTM)
7.33
Dividend Yield
2.88%
ROE (TTM)
77.01%
ROA (TTM)
11.49%
Operating Margin
9.75%
Beta
0.13

Dividends

Last Dividend
$0.59
Last Yield
0.03%

Summary

Booz Allen Hamilton Holding Corporation (BAH) operates as a prominent consulting and technology firm, offering a diverse range of services to governmental bodies, commercial enterprises, and non-profit organizations both domestically and internationally. Their core offerings encompass strategic management and technology advisory, with a focus on areas like business strategy, human resources, and operational efficiency across various sectors. A significant aspect of their work involves advanced analytics. This includes pioneering solutions in artificial intelligence, specifically machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and sophisticated decision analytics; and cutting-edge quantum computing. Furthermore, Booz Allen Hamilton designs, develops, and implements digital solutions using contemporary methodologies and modern architectural frameworks. They provide comprehensive engineering services for defining, developing, deploying, sustaining, and upgrading complex physical systems. The company also delivers robust cyber risk management solutions, emphasizing prevention, detection, and overall cost-effectiveness. Founded in 1914, Booz Allen Hamilton's corporate headquarters are located in McLean, Virginia.

Website
www.boozallen.com
Location
McLean, VA, US
Phone703 902 5000
Employees30,900
CEOHoracio D. Rozanski
Sector
Communication Services
Industry
Media
IPO DateNov 18, 2010

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Latest Documents

SEC Filings(1.4K)

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  • Form 4ANDERSON KRISTINE9 Nov
  • Form 4Pfeifer Thomas9 Nov
  • Form 4Petty Joshua9 Nov
  • Form 4Lahr Troy9 Nov
  • Form 4Medairy John Bradley9 Nov
  • Form 4ROZANSKI HORACIO9 Nov
  • Form 4Metzfield Dennis9 Nov
  • Form 4Fitzgerald Buffum Shannon9 Nov
  • Form 3Medairy John Bradley9 Nov
  • Form 4Metzfield Dennis3 Nov
  • Form 4Fitzgerald Buffum Shannon30 Oct
  • Form 4Petty Joshua30 Oct
  • Form 144Petty Joshua28 Oct
  • Form 144Fitzgerald Buffum Shannon28 Oct
  • 10-QQ2ended 30 Sept 202623 Oct
  • 8-KBooz Allen Hamilton Announces Second Quarter Fiscal 2027 Results 11 Revenue, Excluding Billable Expenses, Adjusted Net Income, Adjusted EBITDA, Adjusted Diluted EPS, Adjusted EBITDA Margin on Revenue, and Free Cash Flow are non- GAAP financial measures. See "Non-GAAP Financial Information" below for additional details. McLean, Virginia - October 23, 2026 - Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of advanced technology company Booz Allen Hamilton Inc., today announced results for the second quarter of fiscal 2027. Profitability above expectations driven by strong operational execution Momentum across National Security portfolio; Civil business performing in line with expectations Total backlog up 1.9% year-over-year to $41 billion and quarterly book-to-bill ratio of 1.5x Adjusted Diluted EPS1 guidance raised above prior range Accelerating investments and delivery of advanced cyber, agentic, and defense technologies to drive speed, outcomes and mission impact "Booz Allen is executing exceptionally well and investing in our next phase of growth," said Horacio Rozanski, Booz Allen Chairman and CEO. "We are building and scaling our cyber and defense tech products and bringing super intelligence into our nation’s most critical missions to deliver greater value and impact." Q2 Summary • Revenue of $2.8 billion, a 3.9 percent year-over-year decrease ◦ Revenue ex-billables of $2.0 billion, a 0.8 percent decrease • Net Income of $181 million, a 3.4 percent increase • Adjusted Net Income1 of $211 million, a 15.3 percent increase • Adjusted EBITDA1 of $313 million, a 3.4 percent decrease • Adjusted EBITDA Margin on Revenue1 increased by 10 basis points to 11.3% • Adjusted Diluted EPS1 of $1.76, an 18.1 percent increase • Free cash flow1 of $263 million, compared to $395 million in the prior year • $965 million in total capital deployment • 1.5x quarterly book-to-bill ratio and 1.1x trailing twelve month book-to-bill ratio • Total backlog of $41 billion, a 1.9 percent increase A regular quarterly dividend of $0.59 per share will be payable on December 4, 2026, to stockholders of record on November 12, 2026. FINANCIAL SUMMARY TABLE Three Months Ended September 30, Six Months Ended September 30, 2026 2026 2025 % Change 2026 2025 % Change (unaudited) (unaudited) Revenue $2,778 $2,890 (3.9)% $5,578 $5,814 (4.1)% Revenue Ex. Billable Expenses $1,957 $1,972 (0.8)% $3,922 $4,015 (2.3)% Net Income $181 $175 3.4% $379 $446 (15.0)% Adjusted Net Income $211 $183 15.3% $428 $367 16.6% Diluted EPS $1.50 $1.42 5.6% $3.13 $3.58 (12.6)% Adjusted Diluted EPS $1.76 $1.49 18.1% $3.57 $2.97 20.2% EBITDA $296 $324 (8.6)% $620 $621 (0.2)% Adjusted EBITDA $313 $324 (3.4)% $647 $635 1.9% Adjusted EBITDA Margin on Revenue 11.3% 11.2% +10 bps 11.6% 10.9% +70 bps Net Cash Provided by Operating Activities $294 $421 (30.2)% $575 $540 6.5% Free Cash Flow $263 $395 (33.4)% $524 $491 6.7%2 2 Reconciliations omitted in reliance on Item 10(e)(1)(i)(B) of Regulation S-K. See "Non-GAAP Financial Information." 3 Fiscal 2027 Guidance assumes an effective tax rate of 16-19% and average diluted shares outstanding of 118–120 million. 4 Fiscal 2027 Guidance assumes capital expenditures of approximately $200 million. OPERATING PERFORMANCE UPDATED FISCAL 2027 GUIDANCE PRIOR FISCAL 2027 GUIDANCE Revenue $11.3 - $11.6 billion $11.2 - $11.7 billion Revenue Growth 1.0 - 3.0% 0 - 4.0% Adjusted EBITDA $1,260 - $1,290 million $1,240 - $1,290 million Adjusted EBITDA Margin on Revenue ~11% ~11% Adjusted Diluted EPS3 $6.50 - $6.70 $6.00 - $6.35 Free Cash Flow4 $850 - $925 million $825 - $925 million EARNINGS WEBCAST We will host a live conference call at 8 a.m. EDT on Friday, October 23, 2026, to discuss the financial results for our second quarter of fiscal year 2027. Analysts and institutional investors may participate on the call by registering online at investors.boozallen.com. The conference call will be webcast simultaneously to the public through a link at investors.boozallen.com. This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available at investors.boozallen.com. A replay of the conference call will also be available on the site beginning at 11 a.m. EDT on Friday, October 23, 2026, and continuing for 12 months. ABOUT BOOZ ALLEN HAMILTON Booz Allen is an advanced technology company. We build commercial-grade products and solutions for America’s most critical defense, civil, and national security priorities. For more information, visit www.boozallen.com. (NYSE: BAH) CONTACT INFORMATION Investor Relations Dustin Darensbourg [email protected] Media Relations Jessica Klenk [email protected] OUTLOOK2 The Company is updating its fiscal year 2027 guidance as noted in the table below:NON-GAAP FINANCIAL INFORMATION Booz Allen utilizes and discusses in this release Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, and Free Cash Flow. While we believe that these non-GAAP financial measures may be useful in evaluating our financial information, they should be considered as supplemental in nature and not as a substitute for financial information prepared in accordance with GAAP. Reconciliations, definitions, and how we believe these measures are useful to management and investors are provided below. Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, and Free Cash Flow exclude the impact of the items detailed in the supplemental exhibits, as these items are generally not operational in nature. These non-GAAP measures also provide another basis for comparing period to period results by excluding potential differences caused by non-operational and unusual or non-recurring items. “Revenue, Excluding Billable Expenses” represents revenue less billable expenses. Booz Allen uses Revenue, Excluding Billable Expenses because it provides management useful information about the Company’s operating performance by excluding the impact of costs such as subcontractor expenses, travel expenses, and other non-labor expenses incurred to perform on contracts. Billable expenses generally have lower margin and thus are less indicative of our profit generation capacity. "EBITDA” represents net income before income tax expense, interest expense, net and other income (expense), and depreciation and amortization. “Adjusted EBITDA” represents net income before income tax expense (benefit), interest expense, net and other income (expense), and depreciation and amortization and before certain other items, including certain other corporate expenses. “Adjusted EBITDA Margin on Revenue” is calculated as Adjusted EBITDA divided by revenue. Booz Allen prepares Adjusted EBITDA and Adjusted EBITDA Margin on Revenue to eliminate the impact of items it does not consider indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature or because they result from an event of a similar nature. “Adjusted Net Income” represents net income before certain other corporate expenses and acquisition amortization, in each case net of the tax effect where appropriate calculated using an assumed effective tax rate. Booz Allen prepares Adjusted Net Income to eliminate the impact of items, net of tax, it does not consider indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature or because they result from an event of a similar nature. “Adjusted Diluted EPS” represents diluted EPS calculated using Adjusted Net Income as opposed to net income. Additionally, Adjusted Diluted EPS does not contemplate any adjustments to net income as required under the two- class method as disclosed in the footnotes to the consolidated financial statements of the Company's Form 10-K for the fiscal year ended March 31, 2026. "Free Cash Flow" represents the net cash generated from operating activities less the impact of purchases of property, equipment and software. Booz Allen presents these supplemental measures because it believes that these measures provide investors and securities analysts with important supplemental information with which to evaluate Booz Allen’s performance, long-term earnings potential, or liquidity, as applicable.These non-GAAP measurements may vary from and may not be comparable to similarly titled measures by other companies in Booz Allen’s industry. "Adjusted Effective Tax Rate" represents income tax expense (benefit) excluding the income tax effects of adjustments to net income, divided by adjusted earnings before income tax expense. "Net Leverage Ratio" is calculated as net debt (total debt less cash) divided by Adjusted EBITDA over the prior twelve months. Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow, and Net Leverage Ratio are not recognized measurements under accounting principles generally accepted in the United States, or GAAP, and when analyzing Booz Allen’s performance or liquidity, as applicable, investors should (i) evaluate each adjustment in our reconciliation of revenue to Revenue, Excluding Billable Expenses, net income to Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, and Adjusted Diluted Earnings Per Share, net cash provided by operating activities to Free Cash Flow, and net debt to Net Leverage Ratio, (ii) use Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, and Adjusted Diluted EPS in addition to, and not as an alternative to, revenue, net income or diluted EPS as measures of operating results, each as defined under GAAP, (iii) use Free Cash Flow and Net Leverage Ratio, in addition to, and not as an alternative to, net cash provided by operating activities as a measure of liquidity, each as defined under GAAP, and (iv) use Net Leverage Ratio in addition to, and not as an alternative to, net debt as a measure of Booz Allen's debt leverage. Exhibit 4 includes a reconciliation of Revenue, Excluding Billable Expenses, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow and Net Leverage Ratio to the most directly comparable financial measure calculated and presented in accordance with GAAP. With respect to our expectations under “Outlook” above, a reconciliation of Adjusted Diluted EPS guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward- looking basis due to our inability to predict our stock price, equity grants, and dividend declarations during the course of fiscal 2026. Projecting future stock price, equity grants, and the dividends to be declared would be necessary to accurately calculate the difference between Adjusted Diluted EPS and GAAP EPS as a result of the effects of the two-class method and related possible dilution used in the calculation of EPS. Consequently, any attempt to disclose such reconciliation would imply a degree of precision that could be confusing or misleading to investors. We expect the variability of the above charges to have an unpredictable, and potentially significant, impact on our future GAAP financial results. Accordingly, Booz Allen is relying on the exception provided by Item 10(e)(1)(i)(B) of Regulation S-K to exclude the reconciliation. In addition, our expectations for Adjusted EBITDA and Adjusted EBITDA Margin on Revenue for fiscal 2026 are presented under "Outlook" above and management may discuss its expectation for Adjusted EBITDA and Adjusted EBITDA Margin on Revenue for fiscal 2026 from time to time. A reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin on Revenue guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to our inability to predict specific quantification of the amounts that would be required to reconcile such measures. Consequently, any attempt to disclose such reconciliation would imply a degree of precision that could be confusing or misleading to investors. Accordingly, Booz Allen is relying on the exception provided by Item 10(e)(1)(i)(B) of Regulation S-K to exclude the reconciliation. 3FORWARD LOOKING STATEMENTS Certain statements contained in this press release and in related comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Booz Allen’s preliminary financial results, financial outlook and guidance, including forecasted revenue, Diluted EPS, and Adjusted Diluted EPS, future quarterly dividends, and future improvements in operating margins, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including the risks and factors described in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on May 22, 2026 and in our other filings with the SEC. In light of these risks, uncertainties, and other factors, the forward-looking statements might not prove to be accurate and you should not place undue reliance upon them. All forward-looking statements speak only as of the date made and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. 4EXHIBIT 1 Booz Allen Hamilton Holding Corporation Condensed Consolidated Statements of Operations (UNAUDITED) 5 Three Months Ended September 30, Six Months Ended September 30, (Amounts in millions, except per share data) 2026 2025 2026 2025 Revenue $ 2,778 $ 2,890 $ 5,578 $ 5,814 Operating costs and expenses: Cost of revenue 1,333 1,340 2,669 2,763 Billable expenses 821 918 1,656 1,799 General and administrative expenses 328 308 633 631 Depreciation and amortization 51 41 96 81 Total operating costs and expenses 2,533 2,607 5,054 5,274 Operating income 245 283 524 540 Interest expense, net (52) (48) (100) (92) Other income (expense) 6 (2) 26 1 Income before income taxes 199 233 450 449 Income tax expense 18 58 71 3 Net income $ 181 $ 175 $ 379 $ 446 Earnings per common share: Basic $ 1.50 $ 1.42 $ 3.13 $ 3.59 Diluted $ 1.50 $ 1.42 $ 3.13 $ 3.58EXHIBIT 2 Booz Allen Hamilton Holding Corporation Condensed Consolidated Balance Sheets (UNAUDITED) (Amounts in millions, except share and per share data) September 30, 2026 March 31, 2026 Assets Current assets: Cash and cash equivalents $ 334 $ 728 Accounts receivable, net 2,348 2,063 Prepaid expenses and other current assets 202 170 Total current assets 2,884 2,961 Property and equipment, net of accumulated depreciation 167 171 Operating lease right-of-use assets 257 147 Intangible assets, net of accumulated amortization 855 509 Goodwill 3,028 2,399 Deferred tax assets 219 294 Other long-term assets 898 637 Total assets $ 8,308 $ 7,118 Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt $ 19 $ 19 Accounts payable and other accrued expenses 1,239 909 Accrued compensation and benefits 654 641 Operating lease liabilities 46 43 Other current liabilities 52 51 Total current liabilities 2,010 1,663 Long-term debt, net of current portion 4,391 3,921 Operating lease liabilities, net of current portion 252 139 Postretirement and other long-term employee benefits 233 224 Other long-term liabilities 178 66 Total liabilities 7,064 6,013 Stockholders’ equity: Common stock, Class A — $0.01 par value — authorized, 600,000,000 shares; issued, 170,671,224 shares at September 30, 2026 and 169,805,201 shares at March 31, 2026; outstanding, 119,096,968 shares at September 30, 2026 and 120,341,320 shares at March 31, 2026 2 2 Treasury stock, at cost — 51,574,256 shares at September 30, 2026 and 49,463,881 shares at March 31, 2026 (3,833) (3,673) Additional paid-in capital 1,217 1,155 Retained earnings 3,879 3,644 Accumulated other comprehensive loss (21) (23) Total stockholders’ equity 1,244 1,105 Total liabilities and stockholders’ equity $ 8,308 $ 7,118 6EXHIBIT 3 Booz Allen Hamilton Holding Corporation Condensed Consolidated Statements of Cash Flows (UNAUDITED) Six Months Ended September 30, (Amounts in millions) 2026 2025 Cash flows from operating activities Net income $ 379 $ 446 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 96 81 Noncash lease expense 22 25 Stock-based compensation expense 44 36 Net gains on investments, dispositions, and other (28) (4) Changes in operating assets and liabilities: Accounts receivable, net (46) 54 Deferred income taxes and income taxes receivable/payable 35 78 Prepaid expenses and other current and long-term assets (58) (77) Accrued compensation and benefits 14 (13) Accounts payable and other accrued expenses 111 23 Other current and long-term liabilities 6 (109) Net cash provided by operating activities 575 540 Cash flows from investing activities Purchases of property, equipment, and software (51) (49) Payments for business acquisitions and dispositions, net of cash acquired (934) — Payments for strategic investments (155) (12) Net cash used in investing activities (1,140) (61) Cash flows from financing activities Proceeds from issuance of common stock 20 27 Repurchases of common stock (170) (395) Cash dividends paid (145) (138) Repayments on term loan (724) (42) Net proceeds from debt issuance 1,190 — Net cash provided by (used in) financing activities 171 (548) Net decrease in cash and cash equivalents (394) (69) Cash and cash equivalents––beginning of period 728 885 Cash and cash equivalents––end of period $ 334 $ 816 Supplemental disclosures of cash flow information Net cash payments during the period for: Interest $ 94 $ 87 Income taxes $ 14 $ 41 Supplemental disclosures of non-cash investing and financing activities Share repurchases transacted but not settled and paid $ 6 $ 3 Unpaid property, equipment, and software purchases $ 26 $ 8 7EXHIBIT 4 Booz Allen Hamilton Holding Corporation Non-GAAP Financial Information (UNAUDITED) Three Months Ended September 30, Six Months Ended September 30, (In millions, except share and per share data) 2026 2025 2026 2025 Revenue, Excluding Billable Expenses Revenue $ 2,778 $ 2,890 $ 5,578 $ 5,814 Less: Billable expenses 821 918 1,656 1,799 Revenue, Excluding Billable Expenses $ 1,957 $ 1,972 $ 3,922 $ 4,015 EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue Net income $ 181 $ 175 $ 379 $ 446 Income tax expense 18 58 71 3 Interest expense, net and other income (expense) 46 50 74 91 Depreciation and amortization 51 41 96 81 EBITDA $ 296 $ 324 $ 620 $ 621 Other corporate expenses (a) 17 — 27 14 Adjusted EBITDA $ 313 $ 324 $ 647 $ 635 Net income margin 6.5 % 6.1 % 6.8 % 7.7 % Adjusted EBITDA Margin on Revenue 11.3 % 11.2 % 11.6 % 10.9 % Adjusted Net Income Net income $ 181 $ 175 $ 379 $ 446 Other corporate expenses (a) 17 — 27 14 Acquisition amortization (b) 22 12 37 24 Adjustments for tax effect (c) (9) (4) (15) (117) Adjusted Net Income $ 211 $ 183 $ 428 $ 367 Adjusted Diluted Earnings Per Share Weighted-average number of diluted shares outstanding 119,591,637 122,881,563 119,886,979 123,677,992 Diluted earnings per share $ 1.50 $ 1.42 $ 3.13 $ 3.58 Adjusted Net Income Per Diluted Share $ 1.76 $ 1.49 $ 3.57 $ 2.97 Free Cash Flow Net cash provided by operating activities $ 294 $ 421 $ 575 $ 540 Less: Purchases of property, equipment and software (31) (26) (51) (49) Free Cash Flow $ 263 $ 395 $ 524 $ 491 8 (a) In fiscal 2027, other corporate expenses consist primarily of acquisition related costs associated with Defy Security in the first quarter of fiscal 2027, and Ultra I&C Mission Solutions business in the second quarter of fiscal 2027. In fiscal 2026, other corporate expenses consist primarily of nonrecoverable costs associated with employee severance from cost management and restructuring initiatives, transaction costs associated with a divestiture, and acquisition related costs associated with the acquisition of Defy Security. See Note 20, “Supplemental Consolidated Financial Information,” and Note 21, “Subsequent Events,” to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information. (b) Amortization expense associated with acquired intangibles from acquisitions. (c) Reflects the tax effect of adjustments at an assumed effective tax rate of 26%, which approximates the blended federal and state tax rates, and consistently excludes the impact of other tax credits and incentive benefits realized. The tax effect of certain discrete items is calculated specifically and may vary from the general 26% rate. The fiscal 2026 tax effect also includes the one-time benefit stemming from the favorable agreement reached with the IRS, resulting in $86 million in release of tax reserves and $20 million (net of tax effect) for the accrual of interest income on the income tax receivable. See Note 13, "Income Taxes," to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information.EXHIBIT 4 Booz Allen Hamilton Holding Corporation Non-GAAP Financial Information (Continued) (UNAUDITED) Three Months Ended September 30, 2026 Three Months Ended June 30, 2026 Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 (In millions, except share and per share data) Net income $ 181 $ 198 $ 205 $ 200 Income tax expense (benefit) 18 53 21 (13) Interest expense, net and other income (expense) 46 28 37 43 Depreciation and amortization 51 45 42 40 EBITDA $ 296 $ 324 $ 305 $ 270 Other corporate expenses (a) 17 10 4 15 Adjusted EBITDA $ 313 $ 334 $ 309 $ 285 Last 12 months Adjusted EBITDA $ 1,241 Total Debt $ 4,410 Less: Cash 334 Net Debt $ 4,076 Net Leverage Ratio (b) 3.3 Three Months Ended September 30, 2025 Three Months Ended June 30, 2025 Three Months Ended March 31, 2025 Three Months Ended December 31, 2024 (In millions, except share and per share data) Net income $ 175 $ 271 $ 193 $ 187 Income tax expense (benefit) 58 (55) 49 61 Interest expense, net and other income (expense) 50 41 32 43 Depreciation and amortization 41 40 42 40 EBITDA $ 324 $ 297 $ 316 $ 331 Other corporate expenses (a) — 14 — 1 Adjusted EBITDA $ 324 $ 311 $ 316 $ 332 Last 12 months Adjusted EBITDA $ 1,283 Total Debt $ 3,960 Less: Cash 816 Net Debt $ 3,144 Net Leverage Ratio (b) 2.5 9 (a) In fiscal 2027, other corporate expenses consist primarily of acquisition related costs associated with Defy Security in the first quarter of fiscal 2027, and Ultra I&C Mission Solutions business in the second quarter of fiscal 2027. In fiscal 2026, other corporate expenses consist primarily of nonrecoverable costs associated with employee severance from cost management and restructuring initiatives, transaction costs associated with a divestiture, and acquisition related costs associated with the acquisition of Defy Security. See Note 20, “Supplemental Consolidated Financial Information,” and Note 21, “Subsequent Events,” to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information. In fiscal 2025, other corporate expenses consist primarily of acquisition related costs from the acquisition of PAR Government Systems Corporation (“PGSC”). (b) "Net Leverage Ratio" is calculated as net debt (total debt less cash) divided by Adjusted EBITDA over the prior twelve months.EXHIBIT 5 Booz Allen Hamilton Holding Corporation Operating Data (UNAUDITED) Backlog: As of September 30, (Amounts in millions) 2026 2025 Funded $ 5,711 $ 5,440 Unfunded 10,409 10,668 Priced options 24,813 24,080 Total backlog $ 40,933 $ 40,188 Book-to-Bill (1): Three Months Ended September 30, Trailing Twelve Months Ended September 30, 2026 2025 2026 2025 1.5x 1.7x 1.1x 1.1x (1) Book-to-bill is calculated as net bookings, which represents the change in total backlog during the relevant fiscal period plus the relevant fiscal period revenue, divided by the relevant fiscal period revenue. Headcount As of September 30, (Amounts are rounded) 2026 2025 Total Headcount 31,000 32,500 Customer Staff Headcount 28,200 29,600 Revenue by Customer Type Three Months Ended September 30, Six Months Ended September 30, 2026 2025 2026 2025 National Security(2) $ 2,076 $ 2,063 $4,104 $4,064 Civil and Commercial 702 827 1,474 1,750 Total Revenue $ 2,778 $ 2,890 $5,578 $5,814 (2) National Security includes revenues from Defense and Intelligence customers, which were previously separately reported. Prior period revenues have been presented to reflect this change. Percentage of Total Revenue by Contract Type Three Months Ended September 30, Six Months Ended September 30, 2026 2025 2026 2025 Cost-Reimbursable 59% 59% 58% 60% Time-and-Materials 21% 22% 22% 22% Fixed-Price 20% 19% 20% 18% 1023 Oct
  • 8-KBooz Allen Completes Acquisition of Ultra I&C Mission Solutions Business McLean, VA—August 24, 2026—Booz Allen Hamilton (NYSE: BAH) has completed its previously announced $720 million acquisition of the Ultra I&C Mission Solutions business (Ultra Mission Solutions), further strengthening its technology solutions for national security missions. Combining Ultra Mission Solutions’ defense technology software, encryption, and edge- compute products with Booz Allen’s AI-driven battle management, resilient communications, and edge infrastructure solutions strengthens Booz Allen’s portfolio of capabilities for today’s contested and fast-moving operational environments. These offerings will help warfighters connect, secure, and deploy technology at the edge and across domains, bringing advanced commercial technology to national security missions at greater speed and scale. “Booz Allen builds technology to strengthen America’s national security and technological superiority,” said Horacio Rozanski, Chairman and CEO of Booz Allen. “This strategic acquisition accelerates our ability to expand and scale our defense tech products and help the United States and its allies maintain decisive advantage on the battlefield.” Ultra Mission Solutions will operate as the commercial product and solutions component of Booz Allen's defense technology business led by president Steve Escaravage. “Warfighters and policymakers are calling for increased industry investment in commercial products ready to fulfill mission requirements,” said Escaravage. “This acquisition strengthens our ability to scale product delivery, expand global reach, and increase impact for U.S. and allied customers.” About Booz Allen Booz Allen is an advanced technology company. We build commercial-grade products and solutions for America’s most critical defense, civil, and national security priorities. For more information, visit www.boozallen.com. (NYSE: BAH) Forward-Looking Statements Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “ forecasts,” “expects,” “ intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward- looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2026, which can be found at the SEC’s website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake noobligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Media Relations: Jessica Klenk, [email protected] Investor Relations: Dustin Darensbourg, [email protected]24 Aug
  • Form 4Metzfield Dennis17 Aug
  • SC 13G/ABooz Allen Hamilton Holding Corp14 Aug
  • SC 13G/ABooz Allen Hamilton Holding Corp14 Aug

News

  • Contrasting Booz Allen Hamilton (NYSE:BAH) and TaskUs (NASDAQ:TASK)11 Nov
  • Dividend Champion, Contender, And Challenger Highlights: Week of November 86 Nov
  • Is Booz Allen Hamilton (BAH) Outperforming Other Business Services Stocks This Year?3 Nov
  • BigBear.ai vs. Booz Allen: Which Government AI Stock is Better Now?29 Oct
  • BAH Stock Gains 6.1% After Q2 Earnings Beat, Revenues Miss Estimates27 Oct
  • Booz Allen Hamilton: 3 Key Takeaways for Long-Term Investors25 Oct
  • Booz Allen: Q2 Earnings Weren't A Game-Changer, But I Remain Bullish25 Oct
  • Booz Allen (BAH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates23 Oct
  • Booz Allen Hamilton Holding Corporation (BAH) Q2 2027 Earnings Call Transcript23 Oct
  • What Booz Allen Hamilton (BAH) Said on Its Q2 Earnings Call23 Oct
  • Booz Allen Hamilton (BAH) Q2 Earnings Beat Estimates23 Oct
  • Booz Allen Lifts Earnings Outlook as Profit Climbs23 Oct
  • Booz Allen Hamilton Announces Second Quarter Fiscal Year 2027 Results23 Oct
  • Booz Allen Hamilton Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call23 Oct
  • Technology Investments & Improved Execution Aid BAH Amid Rising Costs20 Oct
  • The Winners Inside SCHD - October 202618 Oct
  • Booz Allen Hamilton (BAH) Expected to Beat Earnings Estimates: Should You Buy?16 Oct
  • Why Investors Need to Take Advantage of These 2 Business Services Stocks Now13 Oct
  • Booz Allen Hamilton (BAH) Surpasses Market Returns: Some Facts Worth Knowing9 Oct
  • PDW to Deliver Booz Allen Mission Autonomy Software and Secure Fleet Updates on AM Drones9 Oct

Mentions in Filings

  • … | ​ | 82.96 | ​ | 5,226 | ​ | | ​ | ​ | ​ | ***Industrials — 13.36%*** | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | | 97 | ​ | ABM | ABM Industries, Inc. | ​ | 3.39 | ​ | ​ | 54.77 | ​ | 5,313 | ​ | | 61 | ​ | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | ​ | 3.36 | ​ | ​ | 86.44 | ​ | 5,273 | ​ | | 15 | ​ | LII | Lennox International, Inc. | ​ | 3.33 | ​ | ​ | 348.08 | ​ | 5,221 | ​ | | 14 | ​ | SNA | Snap-on, Inc. | ​ | 3.28 | ​ | ​ | 367.89 | ​ | 5,150 …
    Advisors Disciplined Trust 2370Booz Allen Hamilton Holding Corp·487 - Form 487 - Registration statement (unit investment trusts)·Q4 26·13 Nov
  • … | | 3,570 | | DGX | Quest Diagnostics Incorporated | | 2 | % | | 14 | | 259.67 | | 3,635 | | VTRS | Viatris Inc. | | 2 | % | | 176 | | 20.49 | | 3,606 | | Industrials (10%): | | | | | | | | | | | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 2 | % | | 42 | | 86.70 | | 3,641 | | ETN | Eaton Corporation Plc † | | 2 | % | | 10 | | 359.30 | | 3,593 | | LMT | Lockheed Martin Corporation | | 2 | % | | 6 | | 588.19 | | 3,529 | | R | Ryder System, …
    FT 13353Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov
  • … rk) | (19,561 | ) | | (955,290 | ) | | Professional Services – (4.3)% | | | | | | | Amentum Holdings, Inc. | (21,255 | ) | | (476,320 | ) | | Automatic Data Processing, Inc. | (10,848 | ) | | (2,823,734 | ) | | <strong>Booz Allen Hamilton Holding</strong> Corp. | (15,033 | ) | | (1,310,276 | ) | | FTI Consulting, Inc. | (3,390 | ) | | (559,384 | ) | | Genpact Ltd. (Bermuda) | (19,298 | ) | | (736,219 | ) | | Maximus, Inc. | (5,580 | ) | | (463,810 | ) | | TriNet …
    SEG Partners Long/Short Equity FundBooz Allen Hamilton Holding Corp·486BPOS - Post-effective amendment (closed-end investment companies)·Q4 26·16 Oct
  • … | | BMY | Bristol-Myers Squibb Company | | 0.99% | | 29 | $ | 59.58 | $ | 1,728 | | Industrials (16.31%): | | | | | | | | | | | AOS | A.O. Smith Corporation | | 1.68% | | 52 | | 56.56 | | 2,941 | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 1.67% | | 40 | | 72.87 | | 2,915 | | BR | Broadridge Financial Solutions, Inc. | | 1.70% | | 18 | | 165.21 | | 2,974 | | CMRE | Costamare Inc. † | | 1.00% | | 114 | | 15.29 | | 1,743 | | DAC | Danaos C …
    FT 13254Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct
  • … | WST | West Pharmaceutical Services, Inc. | | 1.95% | | 9 | | 363.27 | | 3,269 | | Industrials (22.35%): | | | | | | | | | | | AOS | A.O. Smith Corporation | | 3.67% | | 109 | | 56.56 | | 6,165 | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 1.65% | | 38 | | 72.87 | | 2,769 | | BR | Broadridge Financial Solutions, Inc. | | 1.67% | | 17 | | 165.21 | | 2,809 | | CTAS | Cintas Corporation | | 2.04% | | 17 | | 201.12 | | 3,419 | | DOV | Dover …
    FT 13253Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct
  • … 1,841,314 | 236,590 | | | AGCO Corp. | 1,953,903 | 233,882 | | \* | Axalta Coating Systems Ltd. | 6,801,852 | 232,759 | | \* | Fluor Corp. | 4,436,659 | 232,437 | | \* | Kirby Corp. | 1,698,873 | 230,996 | | | <strong>Booz Allen Hamilton Holding</strong> Corp. | 3,800,915 | 230,602 | | \* | Forgent Power Solutions Inc. Class A | 4,075,015 | 227,630 | | | Arcosa Inc. | 1,559,304 | 226,551 | | \* | Gates Industrial Corp. plc | 8,077,215 | 225,920 | | | Landstar Sy …
    バンガード・インデックス・ファンズBooz Allen Hamilton Holding Corp·Interim Report - Semi-Annual Report (2026.01.01-2026.12.31)·30 Sep·29 Sep

Key Stats

Trading

Px/Chg 1D$67.35 / -4.43%
Prev Close$72.80
% of 52Wk H66.10%
Avg Volume2.01M
Beta0.13
Mkt Cap8.10B
FD Mkt Cap8.67B

Float

Shrs Out/Float120.28M / 118.69M
Short Float0.07%
Days to Cover2.56
Stock Repurchased$598.00M

Current Valuation

EV11.50B
EV/EBITDA9.49
EV/Sales1.02
P/B7.33
P/S0.72
FCF Yield2.62%
ROE77.01%
ROA11.49%
Current Ratio1.78

Dividend

Cash$0.59
Yield2.88%
Yield (TTM)2.88%

Estimates

P/E9.54
Est P/E0.00
Est EPS1.34
Est PEG0.00

Valuation

Metric5Yr AvgJul '22Jul '23Jul '24Jul '25Oct '26
PRICE-BASED RATIOS
Price / Earnings46.1727.4955.4133.0675.4239.48
Price / Sales2.571.531.631.884.892.91
Price / Book Value13.6812.2615.1819.1214.497.32
Price / Free Cash Flow53.0519.5428.60104.2074.7538.17
ENTERPRISE VALUE METRICS
Enterprise Value17,082.115,232.817,717.823,104.717,868.611,486.8
Enterprise Value / Sales3.211.821.912.176.014.13
Enterprise Value / EBITDA31.0618.5827.2519.2553.8636.35
Enterprise Value / EBIT36.9922.5936.5622.3061.6041.92

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue7.6%8,363.79,258.910,661.911,980.011,217.0
Gross Income-14.9%4,464.14,954.15,740.86,561.02,345.0
EBITDA10.8%820.0650.21,200.41,574.01,238.0
EBIT12.4%674.2484.71,036.21,409.01,075.0
Net Income16.2%466.7271.8605.7935.0851.0
EPS (Diluted)19.1%3.442.034.597.256.91
BALANCE SHEET
Cash & ST Inv1.1%695.9404.9554.0885.0728.0
Total Assets5.3%6,025.66,550.76,564.07,312.07,407.0
Total Liabilities6.1%4,978.95,558.75,517.06,309.06,302.0
Total Shareholder Equity1.4%1,046.1992.01,047.01,003.01,105.0
CASH FLOW
Net Operating Cash Flow9%736.5603.0259.01,009.01,041.0
Cap Ex3%-80.0-76.1-66.7-98.0-90.0
Free Cash Flow9.7%656.6526.7192.1911.0951.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)85.91
Basic Shares120.28
Market Cap10,333.7
Diluted Shares123.24
Fully Diluted Shares Outstanding123.24
Fully Diluted Market Cap10,587.5
+Consolidated Debt4,122.0
−In-the-Money Convertible Debt—
+Capital Leases139.0
+Operating Leases—
−Cash & Equivalents-728.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value13,727.7

Segment data

Revenue

by Products and services

  • Cost Reimbursable Contract59%
  • Time-and-materials Contract22%
  • Fixed-price Contract19%

Revenue

by Geography

  • United States100%

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Booz Allen Hamilton Holding Corp — Company Profile

Booz Allen Hamilton Holding Corporation (BAH) operates as a prominent consulting and technology firm, offering a diverse range of services to governmental bodies, commercial enterprises, and non-profit organizations both domestically and internationally. Their core offerings encompass strategic management and technology advisory, with a focus on areas like business strategy, human resources, and operational efficiency across various sectors. A significant aspect of their work involves advanced analytics. This includes pioneering solutions in artificial intelligence, specifically machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and sophisticated decision analytics; and cutting-edge quantum computing. Furthermore, Booz Allen Hamilton designs, develops, and implements digital solutions using contemporary methodologies and modern architectural frameworks. They provide comprehensive engineering services for defining, developing, deploying, sustaining, and upgrading complex physical systems. The company also delivers robust cyber risk management solutions, emphasizing prevention, detection, and overall cost-effectiveness. Founded in 1914, Booz Allen Hamilton's corporate headquarters are located in McLean, Virginia.

Sector
Communication Services
Industry
Media
Exchange
UN
CEO
Horacio D. Rozanski
Headquarters
McLean, VA, US
IPO Date
Nov 18, 2010
Employees
30,900
Website
www.boozallen.com

Key Metrics

Price
$67.35
Market Cap
$8.10B
Revenue (TTM)
$11.22B
Net Income (TTM)
$851.00M
EPS (TTM)
6.91
P/E (TTM)
9.54
P/B (TTM)
7.33
Dividend Yield
2.88%
ROE (TTM)
77.01%
ROA (TTM)
11.49%
Operating Margin
9.75%
Beta
0.13

Dividends

Last Dividend
$0.59
Last Yield
0.03%

Summary

Booz Allen Hamilton Holding Corporation (BAH) operates as a prominent consulting and technology firm, offering a diverse range of services to governmental bodies, commercial enterprises, and non-profit organizations both domestically and internationally. Their core offerings encompass strategic management and technology advisory, with a focus on areas like business strategy, human resources, and operational efficiency across various sectors. A significant aspect of their work involves advanced analytics. This includes pioneering solutions in artificial intelligence, specifically machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and sophisticated decision analytics; and cutting-edge quantum computing. Furthermore, Booz Allen Hamilton designs, develops, and implements digital solutions using contemporary methodologies and modern architectural frameworks. They provide comprehensive engineering services for defining, developing, deploying, sustaining, and upgrading complex physical systems. The company also delivers robust cyber risk management solutions, emphasizing prevention, detection, and overall cost-effectiveness. Founded in 1914, Booz Allen Hamilton's corporate headquarters are located in McLean, Virginia.

Website
www.boozallen.com
Location
McLean, VA, US
Phone703 902 5000
Employees30,900
CEOHoracio D. Rozanski
Sector
Communication Services
Industry
Media
IPO DateNov 18, 2010

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Latest Documents

SEC Filings(1.4K)

Expand
  • Form 4ANDERSON KRISTINE9 Nov
  • Form 4Pfeifer Thomas9 Nov
  • Form 4Petty Joshua9 Nov
  • Form 4Lahr Troy9 Nov
  • Form 4Medairy John Bradley9 Nov
  • Form 4ROZANSKI HORACIO9 Nov
  • Form 4Metzfield Dennis9 Nov
  • Form 4Fitzgerald Buffum Shannon9 Nov
  • Form 3Medairy John Bradley9 Nov
  • Form 4Metzfield Dennis3 Nov
  • Form 4Fitzgerald Buffum Shannon30 Oct
  • Form 4Petty Joshua30 Oct
  • Form 144Petty Joshua28 Oct
  • Form 144Fitzgerald Buffum Shannon28 Oct
  • 10-QQ2ended 30 Sept 202623 Oct
  • 8-KBooz Allen Hamilton Announces Second Quarter Fiscal 2027 Results 11 Revenue, Excluding Billable Expenses, Adjusted Net Income, Adjusted EBITDA, Adjusted Diluted EPS, Adjusted EBITDA Margin on Revenue, and Free Cash Flow are non- GAAP financial measures. See "Non-GAAP Financial Information" below for additional details. McLean, Virginia - October 23, 2026 - Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of advanced technology company Booz Allen Hamilton Inc., today announced results for the second quarter of fiscal 2027. Profitability above expectations driven by strong operational execution Momentum across National Security portfolio; Civil business performing in line with expectations Total backlog up 1.9% year-over-year to $41 billion and quarterly book-to-bill ratio of 1.5x Adjusted Diluted EPS1 guidance raised above prior range Accelerating investments and delivery of advanced cyber, agentic, and defense technologies to drive speed, outcomes and mission impact "Booz Allen is executing exceptionally well and investing in our next phase of growth," said Horacio Rozanski, Booz Allen Chairman and CEO. "We are building and scaling our cyber and defense tech products and bringing super intelligence into our nation’s most critical missions to deliver greater value and impact." Q2 Summary • Revenue of $2.8 billion, a 3.9 percent year-over-year decrease ◦ Revenue ex-billables of $2.0 billion, a 0.8 percent decrease • Net Income of $181 million, a 3.4 percent increase • Adjusted Net Income1 of $211 million, a 15.3 percent increase • Adjusted EBITDA1 of $313 million, a 3.4 percent decrease • Adjusted EBITDA Margin on Revenue1 increased by 10 basis points to 11.3% • Adjusted Diluted EPS1 of $1.76, an 18.1 percent increase • Free cash flow1 of $263 million, compared to $395 million in the prior year • $965 million in total capital deployment • 1.5x quarterly book-to-bill ratio and 1.1x trailing twelve month book-to-bill ratio • Total backlog of $41 billion, a 1.9 percent increase A regular quarterly dividend of $0.59 per share will be payable on December 4, 2026, to stockholders of record on November 12, 2026. FINANCIAL SUMMARY TABLE Three Months Ended September 30, Six Months Ended September 30, 2026 2026 2025 % Change 2026 2025 % Change (unaudited) (unaudited) Revenue $2,778 $2,890 (3.9)% $5,578 $5,814 (4.1)% Revenue Ex. Billable Expenses $1,957 $1,972 (0.8)% $3,922 $4,015 (2.3)% Net Income $181 $175 3.4% $379 $446 (15.0)% Adjusted Net Income $211 $183 15.3% $428 $367 16.6% Diluted EPS $1.50 $1.42 5.6% $3.13 $3.58 (12.6)% Adjusted Diluted EPS $1.76 $1.49 18.1% $3.57 $2.97 20.2% EBITDA $296 $324 (8.6)% $620 $621 (0.2)% Adjusted EBITDA $313 $324 (3.4)% $647 $635 1.9% Adjusted EBITDA Margin on Revenue 11.3% 11.2% +10 bps 11.6% 10.9% +70 bps Net Cash Provided by Operating Activities $294 $421 (30.2)% $575 $540 6.5% Free Cash Flow $263 $395 (33.4)% $524 $491 6.7%2 2 Reconciliations omitted in reliance on Item 10(e)(1)(i)(B) of Regulation S-K. See "Non-GAAP Financial Information." 3 Fiscal 2027 Guidance assumes an effective tax rate of 16-19% and average diluted shares outstanding of 118–120 million. 4 Fiscal 2027 Guidance assumes capital expenditures of approximately $200 million. OPERATING PERFORMANCE UPDATED FISCAL 2027 GUIDANCE PRIOR FISCAL 2027 GUIDANCE Revenue $11.3 - $11.6 billion $11.2 - $11.7 billion Revenue Growth 1.0 - 3.0% 0 - 4.0% Adjusted EBITDA $1,260 - $1,290 million $1,240 - $1,290 million Adjusted EBITDA Margin on Revenue ~11% ~11% Adjusted Diluted EPS3 $6.50 - $6.70 $6.00 - $6.35 Free Cash Flow4 $850 - $925 million $825 - $925 million EARNINGS WEBCAST We will host a live conference call at 8 a.m. EDT on Friday, October 23, 2026, to discuss the financial results for our second quarter of fiscal year 2027. Analysts and institutional investors may participate on the call by registering online at investors.boozallen.com. The conference call will be webcast simultaneously to the public through a link at investors.boozallen.com. This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available at investors.boozallen.com. A replay of the conference call will also be available on the site beginning at 11 a.m. EDT on Friday, October 23, 2026, and continuing for 12 months. ABOUT BOOZ ALLEN HAMILTON Booz Allen is an advanced technology company. We build commercial-grade products and solutions for America’s most critical defense, civil, and national security priorities. For more information, visit www.boozallen.com. (NYSE: BAH) CONTACT INFORMATION Investor Relations Dustin Darensbourg [email protected] Media Relations Jessica Klenk [email protected] OUTLOOK2 The Company is updating its fiscal year 2027 guidance as noted in the table below:NON-GAAP FINANCIAL INFORMATION Booz Allen utilizes and discusses in this release Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, and Free Cash Flow. While we believe that these non-GAAP financial measures may be useful in evaluating our financial information, they should be considered as supplemental in nature and not as a substitute for financial information prepared in accordance with GAAP. Reconciliations, definitions, and how we believe these measures are useful to management and investors are provided below. Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, and Free Cash Flow exclude the impact of the items detailed in the supplemental exhibits, as these items are generally not operational in nature. These non-GAAP measures also provide another basis for comparing period to period results by excluding potential differences caused by non-operational and unusual or non-recurring items. “Revenue, Excluding Billable Expenses” represents revenue less billable expenses. Booz Allen uses Revenue, Excluding Billable Expenses because it provides management useful information about the Company’s operating performance by excluding the impact of costs such as subcontractor expenses, travel expenses, and other non-labor expenses incurred to perform on contracts. Billable expenses generally have lower margin and thus are less indicative of our profit generation capacity. "EBITDA” represents net income before income tax expense, interest expense, net and other income (expense), and depreciation and amortization. “Adjusted EBITDA” represents net income before income tax expense (benefit), interest expense, net and other income (expense), and depreciation and amortization and before certain other items, including certain other corporate expenses. “Adjusted EBITDA Margin on Revenue” is calculated as Adjusted EBITDA divided by revenue. Booz Allen prepares Adjusted EBITDA and Adjusted EBITDA Margin on Revenue to eliminate the impact of items it does not consider indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature or because they result from an event of a similar nature. “Adjusted Net Income” represents net income before certain other corporate expenses and acquisition amortization, in each case net of the tax effect where appropriate calculated using an assumed effective tax rate. Booz Allen prepares Adjusted Net Income to eliminate the impact of items, net of tax, it does not consider indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature or because they result from an event of a similar nature. “Adjusted Diluted EPS” represents diluted EPS calculated using Adjusted Net Income as opposed to net income. Additionally, Adjusted Diluted EPS does not contemplate any adjustments to net income as required under the two- class method as disclosed in the footnotes to the consolidated financial statements of the Company's Form 10-K for the fiscal year ended March 31, 2026. "Free Cash Flow" represents the net cash generated from operating activities less the impact of purchases of property, equipment and software. Booz Allen presents these supplemental measures because it believes that these measures provide investors and securities analysts with important supplemental information with which to evaluate Booz Allen’s performance, long-term earnings potential, or liquidity, as applicable.These non-GAAP measurements may vary from and may not be comparable to similarly titled measures by other companies in Booz Allen’s industry. "Adjusted Effective Tax Rate" represents income tax expense (benefit) excluding the income tax effects of adjustments to net income, divided by adjusted earnings before income tax expense. "Net Leverage Ratio" is calculated as net debt (total debt less cash) divided by Adjusted EBITDA over the prior twelve months. Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow, and Net Leverage Ratio are not recognized measurements under accounting principles generally accepted in the United States, or GAAP, and when analyzing Booz Allen’s performance or liquidity, as applicable, investors should (i) evaluate each adjustment in our reconciliation of revenue to Revenue, Excluding Billable Expenses, net income to Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, and Adjusted Diluted Earnings Per Share, net cash provided by operating activities to Free Cash Flow, and net debt to Net Leverage Ratio, (ii) use Revenue, Excluding Billable Expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, and Adjusted Diluted EPS in addition to, and not as an alternative to, revenue, net income or diluted EPS as measures of operating results, each as defined under GAAP, (iii) use Free Cash Flow and Net Leverage Ratio, in addition to, and not as an alternative to, net cash provided by operating activities as a measure of liquidity, each as defined under GAAP, and (iv) use Net Leverage Ratio in addition to, and not as an alternative to, net debt as a measure of Booz Allen's debt leverage. Exhibit 4 includes a reconciliation of Revenue, Excluding Billable Expenses, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow and Net Leverage Ratio to the most directly comparable financial measure calculated and presented in accordance with GAAP. With respect to our expectations under “Outlook” above, a reconciliation of Adjusted Diluted EPS guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward- looking basis due to our inability to predict our stock price, equity grants, and dividend declarations during the course of fiscal 2026. Projecting future stock price, equity grants, and the dividends to be declared would be necessary to accurately calculate the difference between Adjusted Diluted EPS and GAAP EPS as a result of the effects of the two-class method and related possible dilution used in the calculation of EPS. Consequently, any attempt to disclose such reconciliation would imply a degree of precision that could be confusing or misleading to investors. We expect the variability of the above charges to have an unpredictable, and potentially significant, impact on our future GAAP financial results. Accordingly, Booz Allen is relying on the exception provided by Item 10(e)(1)(i)(B) of Regulation S-K to exclude the reconciliation. In addition, our expectations for Adjusted EBITDA and Adjusted EBITDA Margin on Revenue for fiscal 2026 are presented under "Outlook" above and management may discuss its expectation for Adjusted EBITDA and Adjusted EBITDA Margin on Revenue for fiscal 2026 from time to time. A reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin on Revenue guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to our inability to predict specific quantification of the amounts that would be required to reconcile such measures. Consequently, any attempt to disclose such reconciliation would imply a degree of precision that could be confusing or misleading to investors. Accordingly, Booz Allen is relying on the exception provided by Item 10(e)(1)(i)(B) of Regulation S-K to exclude the reconciliation. 3FORWARD LOOKING STATEMENTS Certain statements contained in this press release and in related comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Booz Allen’s preliminary financial results, financial outlook and guidance, including forecasted revenue, Diluted EPS, and Adjusted Diluted EPS, future quarterly dividends, and future improvements in operating margins, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including the risks and factors described in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on May 22, 2026 and in our other filings with the SEC. In light of these risks, uncertainties, and other factors, the forward-looking statements might not prove to be accurate and you should not place undue reliance upon them. All forward-looking statements speak only as of the date made and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. 4EXHIBIT 1 Booz Allen Hamilton Holding Corporation Condensed Consolidated Statements of Operations (UNAUDITED) 5 Three Months Ended September 30, Six Months Ended September 30, (Amounts in millions, except per share data) 2026 2025 2026 2025 Revenue $ 2,778 $ 2,890 $ 5,578 $ 5,814 Operating costs and expenses: Cost of revenue 1,333 1,340 2,669 2,763 Billable expenses 821 918 1,656 1,799 General and administrative expenses 328 308 633 631 Depreciation and amortization 51 41 96 81 Total operating costs and expenses 2,533 2,607 5,054 5,274 Operating income 245 283 524 540 Interest expense, net (52) (48) (100) (92) Other income (expense) 6 (2) 26 1 Income before income taxes 199 233 450 449 Income tax expense 18 58 71 3 Net income $ 181 $ 175 $ 379 $ 446 Earnings per common share: Basic $ 1.50 $ 1.42 $ 3.13 $ 3.59 Diluted $ 1.50 $ 1.42 $ 3.13 $ 3.58EXHIBIT 2 Booz Allen Hamilton Holding Corporation Condensed Consolidated Balance Sheets (UNAUDITED) (Amounts in millions, except share and per share data) September 30, 2026 March 31, 2026 Assets Current assets: Cash and cash equivalents $ 334 $ 728 Accounts receivable, net 2,348 2,063 Prepaid expenses and other current assets 202 170 Total current assets 2,884 2,961 Property and equipment, net of accumulated depreciation 167 171 Operating lease right-of-use assets 257 147 Intangible assets, net of accumulated amortization 855 509 Goodwill 3,028 2,399 Deferred tax assets 219 294 Other long-term assets 898 637 Total assets $ 8,308 $ 7,118 Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt $ 19 $ 19 Accounts payable and other accrued expenses 1,239 909 Accrued compensation and benefits 654 641 Operating lease liabilities 46 43 Other current liabilities 52 51 Total current liabilities 2,010 1,663 Long-term debt, net of current portion 4,391 3,921 Operating lease liabilities, net of current portion 252 139 Postretirement and other long-term employee benefits 233 224 Other long-term liabilities 178 66 Total liabilities 7,064 6,013 Stockholders’ equity: Common stock, Class A — $0.01 par value — authorized, 600,000,000 shares; issued, 170,671,224 shares at September 30, 2026 and 169,805,201 shares at March 31, 2026; outstanding, 119,096,968 shares at September 30, 2026 and 120,341,320 shares at March 31, 2026 2 2 Treasury stock, at cost — 51,574,256 shares at September 30, 2026 and 49,463,881 shares at March 31, 2026 (3,833) (3,673) Additional paid-in capital 1,217 1,155 Retained earnings 3,879 3,644 Accumulated other comprehensive loss (21) (23) Total stockholders’ equity 1,244 1,105 Total liabilities and stockholders’ equity $ 8,308 $ 7,118 6EXHIBIT 3 Booz Allen Hamilton Holding Corporation Condensed Consolidated Statements of Cash Flows (UNAUDITED) Six Months Ended September 30, (Amounts in millions) 2026 2025 Cash flows from operating activities Net income $ 379 $ 446 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 96 81 Noncash lease expense 22 25 Stock-based compensation expense 44 36 Net gains on investments, dispositions, and other (28) (4) Changes in operating assets and liabilities: Accounts receivable, net (46) 54 Deferred income taxes and income taxes receivable/payable 35 78 Prepaid expenses and other current and long-term assets (58) (77) Accrued compensation and benefits 14 (13) Accounts payable and other accrued expenses 111 23 Other current and long-term liabilities 6 (109) Net cash provided by operating activities 575 540 Cash flows from investing activities Purchases of property, equipment, and software (51) (49) Payments for business acquisitions and dispositions, net of cash acquired (934) — Payments for strategic investments (155) (12) Net cash used in investing activities (1,140) (61) Cash flows from financing activities Proceeds from issuance of common stock 20 27 Repurchases of common stock (170) (395) Cash dividends paid (145) (138) Repayments on term loan (724) (42) Net proceeds from debt issuance 1,190 — Net cash provided by (used in) financing activities 171 (548) Net decrease in cash and cash equivalents (394) (69) Cash and cash equivalents––beginning of period 728 885 Cash and cash equivalents––end of period $ 334 $ 816 Supplemental disclosures of cash flow information Net cash payments during the period for: Interest $ 94 $ 87 Income taxes $ 14 $ 41 Supplemental disclosures of non-cash investing and financing activities Share repurchases transacted but not settled and paid $ 6 $ 3 Unpaid property, equipment, and software purchases $ 26 $ 8 7EXHIBIT 4 Booz Allen Hamilton Holding Corporation Non-GAAP Financial Information (UNAUDITED) Three Months Ended September 30, Six Months Ended September 30, (In millions, except share and per share data) 2026 2025 2026 2025 Revenue, Excluding Billable Expenses Revenue $ 2,778 $ 2,890 $ 5,578 $ 5,814 Less: Billable expenses 821 918 1,656 1,799 Revenue, Excluding Billable Expenses $ 1,957 $ 1,972 $ 3,922 $ 4,015 EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin on Revenue Net income $ 181 $ 175 $ 379 $ 446 Income tax expense 18 58 71 3 Interest expense, net and other income (expense) 46 50 74 91 Depreciation and amortization 51 41 96 81 EBITDA $ 296 $ 324 $ 620 $ 621 Other corporate expenses (a) 17 — 27 14 Adjusted EBITDA $ 313 $ 324 $ 647 $ 635 Net income margin 6.5 % 6.1 % 6.8 % 7.7 % Adjusted EBITDA Margin on Revenue 11.3 % 11.2 % 11.6 % 10.9 % Adjusted Net Income Net income $ 181 $ 175 $ 379 $ 446 Other corporate expenses (a) 17 — 27 14 Acquisition amortization (b) 22 12 37 24 Adjustments for tax effect (c) (9) (4) (15) (117) Adjusted Net Income $ 211 $ 183 $ 428 $ 367 Adjusted Diluted Earnings Per Share Weighted-average number of diluted shares outstanding 119,591,637 122,881,563 119,886,979 123,677,992 Diluted earnings per share $ 1.50 $ 1.42 $ 3.13 $ 3.58 Adjusted Net Income Per Diluted Share $ 1.76 $ 1.49 $ 3.57 $ 2.97 Free Cash Flow Net cash provided by operating activities $ 294 $ 421 $ 575 $ 540 Less: Purchases of property, equipment and software (31) (26) (51) (49) Free Cash Flow $ 263 $ 395 $ 524 $ 491 8 (a) In fiscal 2027, other corporate expenses consist primarily of acquisition related costs associated with Defy Security in the first quarter of fiscal 2027, and Ultra I&C Mission Solutions business in the second quarter of fiscal 2027. In fiscal 2026, other corporate expenses consist primarily of nonrecoverable costs associated with employee severance from cost management and restructuring initiatives, transaction costs associated with a divestiture, and acquisition related costs associated with the acquisition of Defy Security. See Note 20, “Supplemental Consolidated Financial Information,” and Note 21, “Subsequent Events,” to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information. (b) Amortization expense associated with acquired intangibles from acquisitions. (c) Reflects the tax effect of adjustments at an assumed effective tax rate of 26%, which approximates the blended federal and state tax rates, and consistently excludes the impact of other tax credits and incentive benefits realized. The tax effect of certain discrete items is calculated specifically and may vary from the general 26% rate. The fiscal 2026 tax effect also includes the one-time benefit stemming from the favorable agreement reached with the IRS, resulting in $86 million in release of tax reserves and $20 million (net of tax effect) for the accrual of interest income on the income tax receivable. See Note 13, "Income Taxes," to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information.EXHIBIT 4 Booz Allen Hamilton Holding Corporation Non-GAAP Financial Information (Continued) (UNAUDITED) Three Months Ended September 30, 2026 Three Months Ended June 30, 2026 Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 (In millions, except share and per share data) Net income $ 181 $ 198 $ 205 $ 200 Income tax expense (benefit) 18 53 21 (13) Interest expense, net and other income (expense) 46 28 37 43 Depreciation and amortization 51 45 42 40 EBITDA $ 296 $ 324 $ 305 $ 270 Other corporate expenses (a) 17 10 4 15 Adjusted EBITDA $ 313 $ 334 $ 309 $ 285 Last 12 months Adjusted EBITDA $ 1,241 Total Debt $ 4,410 Less: Cash 334 Net Debt $ 4,076 Net Leverage Ratio (b) 3.3 Three Months Ended September 30, 2025 Three Months Ended June 30, 2025 Three Months Ended March 31, 2025 Three Months Ended December 31, 2024 (In millions, except share and per share data) Net income $ 175 $ 271 $ 193 $ 187 Income tax expense (benefit) 58 (55) 49 61 Interest expense, net and other income (expense) 50 41 32 43 Depreciation and amortization 41 40 42 40 EBITDA $ 324 $ 297 $ 316 $ 331 Other corporate expenses (a) — 14 — 1 Adjusted EBITDA $ 324 $ 311 $ 316 $ 332 Last 12 months Adjusted EBITDA $ 1,283 Total Debt $ 3,960 Less: Cash 816 Net Debt $ 3,144 Net Leverage Ratio (b) 2.5 9 (a) In fiscal 2027, other corporate expenses consist primarily of acquisition related costs associated with Defy Security in the first quarter of fiscal 2027, and Ultra I&C Mission Solutions business in the second quarter of fiscal 2027. In fiscal 2026, other corporate expenses consist primarily of nonrecoverable costs associated with employee severance from cost management and restructuring initiatives, transaction costs associated with a divestiture, and acquisition related costs associated with the acquisition of Defy Security. See Note 20, “Supplemental Consolidated Financial Information,” and Note 21, “Subsequent Events,” to the consolidated financial statements within the Annual Report on Form 10-K for the fiscal year ended March 31, 2026 for further information. In fiscal 2025, other corporate expenses consist primarily of acquisition related costs from the acquisition of PAR Government Systems Corporation (“PGSC”). (b) "Net Leverage Ratio" is calculated as net debt (total debt less cash) divided by Adjusted EBITDA over the prior twelve months.EXHIBIT 5 Booz Allen Hamilton Holding Corporation Operating Data (UNAUDITED) Backlog: As of September 30, (Amounts in millions) 2026 2025 Funded $ 5,711 $ 5,440 Unfunded 10,409 10,668 Priced options 24,813 24,080 Total backlog $ 40,933 $ 40,188 Book-to-Bill (1): Three Months Ended September 30, Trailing Twelve Months Ended September 30, 2026 2025 2026 2025 1.5x 1.7x 1.1x 1.1x (1) Book-to-bill is calculated as net bookings, which represents the change in total backlog during the relevant fiscal period plus the relevant fiscal period revenue, divided by the relevant fiscal period revenue. Headcount As of September 30, (Amounts are rounded) 2026 2025 Total Headcount 31,000 32,500 Customer Staff Headcount 28,200 29,600 Revenue by Customer Type Three Months Ended September 30, Six Months Ended September 30, 2026 2025 2026 2025 National Security(2) $ 2,076 $ 2,063 $4,104 $4,064 Civil and Commercial 702 827 1,474 1,750 Total Revenue $ 2,778 $ 2,890 $5,578 $5,814 (2) National Security includes revenues from Defense and Intelligence customers, which were previously separately reported. Prior period revenues have been presented to reflect this change. Percentage of Total Revenue by Contract Type Three Months Ended September 30, Six Months Ended September 30, 2026 2025 2026 2025 Cost-Reimbursable 59% 59% 58% 60% Time-and-Materials 21% 22% 22% 22% Fixed-Price 20% 19% 20% 18% 1023 Oct
  • 8-KBooz Allen Completes Acquisition of Ultra I&C Mission Solutions Business McLean, VA—August 24, 2026—Booz Allen Hamilton (NYSE: BAH) has completed its previously announced $720 million acquisition of the Ultra I&C Mission Solutions business (Ultra Mission Solutions), further strengthening its technology solutions for national security missions. Combining Ultra Mission Solutions’ defense technology software, encryption, and edge- compute products with Booz Allen’s AI-driven battle management, resilient communications, and edge infrastructure solutions strengthens Booz Allen’s portfolio of capabilities for today’s contested and fast-moving operational environments. These offerings will help warfighters connect, secure, and deploy technology at the edge and across domains, bringing advanced commercial technology to national security missions at greater speed and scale. “Booz Allen builds technology to strengthen America’s national security and technological superiority,” said Horacio Rozanski, Chairman and CEO of Booz Allen. “This strategic acquisition accelerates our ability to expand and scale our defense tech products and help the United States and its allies maintain decisive advantage on the battlefield.” Ultra Mission Solutions will operate as the commercial product and solutions component of Booz Allen's defense technology business led by president Steve Escaravage. “Warfighters and policymakers are calling for increased industry investment in commercial products ready to fulfill mission requirements,” said Escaravage. “This acquisition strengthens our ability to scale product delivery, expand global reach, and increase impact for U.S. and allied customers.” About Booz Allen Booz Allen is an advanced technology company. We build commercial-grade products and solutions for America’s most critical defense, civil, and national security priorities. For more information, visit www.boozallen.com. (NYSE: BAH) Forward-Looking Statements Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “ forecasts,” “expects,” “ intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward- looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2026, which can be found at the SEC’s website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake noobligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Media Relations: Jessica Klenk, [email protected] Investor Relations: Dustin Darensbourg, [email protected]24 Aug
  • Form 4Metzfield Dennis17 Aug
  • SC 13G/ABooz Allen Hamilton Holding Corp14 Aug
  • SC 13G/ABooz Allen Hamilton Holding Corp14 Aug

News

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  • Booz Allen Hamilton: 3 Key Takeaways for Long-Term Investors25 Oct
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  • Booz Allen (BAH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates23 Oct
  • Booz Allen Hamilton Holding Corporation (BAH) Q2 2027 Earnings Call Transcript23 Oct
  • What Booz Allen Hamilton (BAH) Said on Its Q2 Earnings Call23 Oct
  • Booz Allen Hamilton (BAH) Q2 Earnings Beat Estimates23 Oct
  • Booz Allen Lifts Earnings Outlook as Profit Climbs23 Oct
  • Booz Allen Hamilton Announces Second Quarter Fiscal Year 2027 Results23 Oct
  • Booz Allen Hamilton Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call23 Oct
  • Technology Investments & Improved Execution Aid BAH Amid Rising Costs20 Oct
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  • Booz Allen Hamilton (BAH) Expected to Beat Earnings Estimates: Should You Buy?16 Oct
  • Why Investors Need to Take Advantage of These 2 Business Services Stocks Now13 Oct
  • Booz Allen Hamilton (BAH) Surpasses Market Returns: Some Facts Worth Knowing9 Oct
  • PDW to Deliver Booz Allen Mission Autonomy Software and Secure Fleet Updates on AM Drones9 Oct

Mentions in Filings

  • … | ​ | 82.96 | ​ | 5,226 | ​ | | ​ | ​ | ​ | ***Industrials — 13.36%*** | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | | 97 | ​ | ABM | ABM Industries, Inc. | ​ | 3.39 | ​ | ​ | 54.77 | ​ | 5,313 | ​ | | 61 | ​ | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | ​ | 3.36 | ​ | ​ | 86.44 | ​ | 5,273 | ​ | | 15 | ​ | LII | Lennox International, Inc. | ​ | 3.33 | ​ | ​ | 348.08 | ​ | 5,221 | ​ | | 14 | ​ | SNA | Snap-on, Inc. | ​ | 3.28 | ​ | ​ | 367.89 | ​ | 5,150 …
    Advisors Disciplined Trust 2370Booz Allen Hamilton Holding Corp·487 - Form 487 - Registration statement (unit investment trusts)·Q4 26·13 Nov
  • … | | 3,570 | | DGX | Quest Diagnostics Incorporated | | 2 | % | | 14 | | 259.67 | | 3,635 | | VTRS | Viatris Inc. | | 2 | % | | 176 | | 20.49 | | 3,606 | | Industrials (10%): | | | | | | | | | | | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 2 | % | | 42 | | 86.70 | | 3,641 | | ETN | Eaton Corporation Plc † | | 2 | % | | 10 | | 359.30 | | 3,593 | | LMT | Lockheed Martin Corporation | | 2 | % | | 6 | | 588.19 | | 3,529 | | R | Ryder System, …
    FT 13353Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov
  • … rk) | (19,561 | ) | | (955,290 | ) | | Professional Services – (4.3)% | | | | | | | Amentum Holdings, Inc. | (21,255 | ) | | (476,320 | ) | | Automatic Data Processing, Inc. | (10,848 | ) | | (2,823,734 | ) | | <strong>Booz Allen Hamilton Holding</strong> Corp. | (15,033 | ) | | (1,310,276 | ) | | FTI Consulting, Inc. | (3,390 | ) | | (559,384 | ) | | Genpact Ltd. (Bermuda) | (19,298 | ) | | (736,219 | ) | | Maximus, Inc. | (5,580 | ) | | (463,810 | ) | | TriNet …
    SEG Partners Long/Short Equity FundBooz Allen Hamilton Holding Corp·486BPOS - Post-effective amendment (closed-end investment companies)·Q4 26·16 Oct
  • … | | BMY | Bristol-Myers Squibb Company | | 0.99% | | 29 | $ | 59.58 | $ | 1,728 | | Industrials (16.31%): | | | | | | | | | | | AOS | A.O. Smith Corporation | | 1.68% | | 52 | | 56.56 | | 2,941 | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 1.67% | | 40 | | 72.87 | | 2,915 | | BR | Broadridge Financial Solutions, Inc. | | 1.70% | | 18 | | 165.21 | | 2,974 | | CMRE | Costamare Inc. † | | 1.00% | | 114 | | 15.29 | | 1,743 | | DAC | Danaos C …
    FT 13254Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct
  • … | WST | West Pharmaceutical Services, Inc. | | 1.95% | | 9 | | 363.27 | | 3,269 | | Industrials (22.35%): | | | | | | | | | | | AOS | A.O. Smith Corporation | | 3.67% | | 109 | | 56.56 | | 6,165 | | BAH | <strong>Booz Allen Hamilton Holding Corporation</strong> | | 1.65% | | 38 | | 72.87 | | 2,769 | | BR | Broadridge Financial Solutions, Inc. | | 1.67% | | 17 | | 165.21 | | 2,809 | | CTAS | Cintas Corporation | | 2.04% | | 17 | | 201.12 | | 3,419 | | DOV | Dover …
    FT 13253Booz Allen Hamilton Holding Corp·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct
  • … 1,841,314 | 236,590 | | | AGCO Corp. | 1,953,903 | 233,882 | | \* | Axalta Coating Systems Ltd. | 6,801,852 | 232,759 | | \* | Fluor Corp. | 4,436,659 | 232,437 | | \* | Kirby Corp. | 1,698,873 | 230,996 | | | <strong>Booz Allen Hamilton Holding</strong> Corp. | 3,800,915 | 230,602 | | \* | Forgent Power Solutions Inc. Class A | 4,075,015 | 227,630 | | | Arcosa Inc. | 1,559,304 | 226,551 | | \* | Gates Industrial Corp. plc | 8,077,215 | 225,920 | | | Landstar Sy …
    バンガード・インデックス・ファンズBooz Allen Hamilton Holding Corp·Interim Report - Semi-Annual Report (2026.01.01-2026.12.31)·30 Sep·29 Sep

Key Stats

Trading

Px/Chg 1D$67.35 / -4.43%
Prev Close$72.80
% of 52Wk H66.10%
Avg Volume2.01M
Beta0.13
Mkt Cap8.10B
FD Mkt Cap8.67B

Float

Shrs Out/Float120.28M / 118.69M
Short Float0.07%
Days to Cover2.56
Stock Repurchased$598.00M

Current Valuation

EV11.50B
EV/EBITDA9.49
EV/Sales1.02
P/B7.33
P/S0.72
FCF Yield2.62%
ROE77.01%
ROA11.49%
Current Ratio1.78

Dividend

Cash$0.59
Yield2.88%
Yield (TTM)2.88%

Estimates

P/E9.54
Est P/E0.00
Est EPS1.34
Est PEG0.00

Valuation

Metric5Yr AvgJul '22Jul '23Jul '24Jul '25Oct '26
PRICE-BASED RATIOS
Price / Earnings46.1727.4955.4133.0675.4239.48
Price / Sales2.571.531.631.884.892.91
Price / Book Value13.6812.2615.1819.1214.497.32
Price / Free Cash Flow53.0519.5428.60104.2074.7538.17
ENTERPRISE VALUE METRICS
Enterprise Value17,082.115,232.817,717.823,104.717,868.611,486.8
Enterprise Value / Sales3.211.821.912.176.014.13
Enterprise Value / EBITDA31.0618.5827.2519.2553.8636.35
Enterprise Value / EBIT36.9922.5936.5622.3061.6041.92

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue7.6%8,363.79,258.910,661.911,980.011,217.0
Gross Income-14.9%4,464.14,954.15,740.86,561.02,345.0
EBITDA10.8%820.0650.21,200.41,574.01,238.0
EBIT12.4%674.2484.71,036.21,409.01,075.0
Net Income16.2%466.7271.8605.7935.0851.0
EPS (Diluted)19.1%3.442.034.597.256.91
BALANCE SHEET
Cash & ST Inv1.1%695.9404.9554.0885.0728.0
Total Assets5.3%6,025.66,550.76,564.07,312.07,407.0
Total Liabilities6.1%4,978.95,558.75,517.06,309.06,302.0
Total Shareholder Equity1.4%1,046.1992.01,047.01,003.01,105.0
CASH FLOW
Net Operating Cash Flow9%736.5603.0259.01,009.01,041.0
Cap Ex3%-80.0-76.1-66.7-98.0-90.0
Free Cash Flow9.7%656.6526.7192.1911.0951.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)85.91
Basic Shares120.28
Market Cap10,333.7
Diluted Shares123.24
Fully Diluted Shares Outstanding123.24
Fully Diluted Market Cap10,587.5
+Consolidated Debt4,122.0
−In-the-Money Convertible Debt—
+Capital Leases139.0
+Operating Leases—
−Cash & Equivalents-728.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value13,727.7

Segment data

Revenue

by Products and services

  • Cost Reimbursable Contract59%
  • Time-and-materials Contract22%
  • Fixed-price Contract19%

Revenue

by Geography

  • United States100%

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