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Booz Allen Hamilton Holding Corp (BAH) stock

Add holding +

NYSE: BAH NYSE IT Consulting & Other Services Next results ~January 22, 2027

C+ Fundamentals grade

Booz Allen Hamilton Holding Corp is a US-listed company in the IT consulting & other services industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$80

Cash-flow model

Base case. Range ~$51–$120 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 10% above our base value.

Price used: $88.02, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds275 adding, 282 cuttingOf 66 active managers that changed their stake, 36 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Booz Allen Hamilton Holding files

10-Q filed October 23: Booz Allen Hamilton

Model value +12.1%

Revenue for the twelve months to September 2026 was $11.0bn, down 6.2% on a year earlier, a smaller fall than the 7.3% decline a quarter earlier. That puts it 21 of 25 for growth among the it consulting & other services companies we cover. Free-cash-flow margin rose to 9.0% from 7.0% a year earlier. The diluted share count is down 4.0% on a year earlier, which lifts each remaining share. Its fundamentals grade moves from C to C+. Our model value rises from $71.19 to $79.80 a share, against a share price of $87.22. The rating stays Hold. At that price, our model says the market is pricing in about 3.6% a year of cash-flow growth for five years, close to the 5.6% a year revenue growth it has delivered.

Source: 10-Q filed October 23, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 24: Booz Allen Hamilton

Revenue for the twelve months to June 2026 reached $11.0bn, down 6.2% on a year earlier, faster than the -7.3% of a quarter earlier. That ranks it 908 of 934 for growth among the companies we cover. Free-cash-flow margin improved to 9.0% from 7.0% a year earlier. A diluted share count down 4.0% on a year earlier lifts each remaining share. The fundamentals grade moves from D to C. Our model value is little changed at $71.19 a share, against a share price of $78.57, so the rating stays Hold. At that price, the model implies the market is pricing in about 3.8% a year of cash-flow growth over five years, close to the 5.6% a year revenue growth already delivered.

10-Q on SEC EDGAR

Where Booz Allen Hamilton stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $11.1bn, down 7.3% on a year earlier, slower than -6.4% a quarter earlier. That puts it 908 of 931 for growth among all the companies we cover. Free-cash-flow margin rose to 10.1% from 8.3% a year earlier. The diluted share count is down 4.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 6 financial-health checks. Our cash-flow model value is $68.13 a share, against a share price of $74.94. At that price, our model says the market is pricing in about 3.2% a year of cash-flow growth for five years, slower than the 5.8% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 22, 2027 (estimated)

Booz Allen Hamilton Holding Corp's trailing-twelve-month revenue fell 6.2% year on year, with a free-cash-flow margin of 9.0%. Where it stands out: gross margin of 52.5% ranks 5 of 34 it consulting & other services companies we cover. Where it lags: long-term debt as % of assets of 52.9% ranks 27 of 27 it consulting & other services companies we cover.

Our discounted-cash-flow model values the business at ~$80 per share in the base case (~$51–$120 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 20.1% while net income fell 5.1%: a 25pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 4.0% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Revenue shrinking. Revenue fell 6.2% over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 52.9% ranks 27 of 27 it consulting & other services companies we cover (median 11.8%).

Latest results: FY2027 Q2

Filed October 23, 2026
Earnings per share
$1.76 against an average estimate of $1.48: beat by 19.0%
Revenue
$2.78bn, down 3.9% on a year earlier
Share reaction
+6.1% in the first session after the results on October 23, 2026, against +0.2% for the S&P 500
Guidance given
revenue $11.3bn to $11.6bn (fiscal 2027); revenue Growth growth 1% to 3% (fiscal 2027)
Next report
January 22, 2027; average EPS estimate $1.47

Booz Allen Hamilton Holding's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.5%
  • 1 week+5.6%
  • 1 month+30.7%
  • This year+6.7%
  • 1 year+4.0%
  • 5 years+12.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$11B
Operating margin
9.3%
Net margin
7.1%
EPS (TTM, diluted)
$6.51

Growth

Revenue growth
−6.2%
Change in growth rate
+1.1 pts
Share count change
−4.0%

Cash

Free cash flow (TTM)
$984M
FCF margin
9.0%
Stock pay % of revenue
0.7%

Earnings

Last results
October 23, 2026
Next results (est.)
January 22, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Our research
  3. Results

    Booz Allen Hamilton reports full-year results

    Booz Allen Hamilton Holding Corp said it released its financial results for the fiscal year ended September 30, 2026. The company filed an 8-K on October 23, 2026, to disclose the earnings data. It also posted an accompanying presentation to its investor relations website.

  4. Guidance
  5. Our research
  6. Announcement
  7. Agreement
  8. Shareholder vote
  9. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 3.7% a year of cash-flow growth for five years.That is close to the 5.6% a year revenue growth Booz Allen Hamilton Holding has delivered.

  • Priced in3.7%
  • Last 12 months-6.2%
  • 3 years a year3.1%
  • 5 years a year5.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($86.22, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$80
Price used
$86.22close November 3, 2026
Implied change
▼ 7%
Uncertainty
High

How we got here: a discounted-cash-flow model of Booz Allen Hamilton Holding Corp's free cash flow after stock-based pay with after-tax interest added back ($792M, FY2027 Q2 TTM), growing 5.1% and 2.9% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$51–~$120 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Booz Allen Hamilton Holding Corp's free cash flow after stock-based pay ( $792M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Booz Allen Hamilton Holding Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.79 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$80 ~$51–$120 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$62 ~$56–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$95 ~$80–$120 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$79 ~$62–$95 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Booz Allen Hamilton Holding Corp with IT Consulting & Other Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −34%
  • Revenue growth 5 points higher ▲ +45%
  • Free-cash-flow margin 1 point lower ▼ −15%
  • Last year's free-cash-flow margin change, if it persists ▲ +42%
  • Discount rate 1 point higher ▼ −19%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $60$94$140$200$278$379
8.5% $38$63$95$138$194$266
10% $24$43$69$101$144$198

Valuation multiples over time Market data may be delayed

Booz Allen Hamilton Holding Corp: market value and multiples by fiscal year
At fiscal year end 2017201820192020202120222023202420252026Now
Share price$29.76$33.20$50.66$60.69$72.33$80.38$86.42$140.57$100.52$76.86$88.02
Market value$4.5bn$4.9bn$7.3bn$8.6bn$10.0bn$10.8bn$11.5bn$18.4bn$12.9bn$9.4bn$10.6bn
+ Net debt (− = net cash)$1.4bn$1.6bn$1.5bn$1.4bn$1.4bn$2.1bn$2.4bn$2.9bn$3.1bn$3.2bn$4.1bn
Enterprise value$5.9bn$6.5bn$8.7bn$10.0bn$11.4bn$12.9bn$13.9bn$21.2bn$16.0bn$12.6bn$14.7bn
Multiples
Price / sales 0.8x0.8x1.1x1.1x1.3x1.3x1.2x1.7x1.1x0.8x1.0x
Price / earnings 17.1x16.3x17.3x17.8x16.5x23.2x42.2x30.3x13.8x11.1x13.5x
Price / free cash flow 13.6x16.9x17.9x20.2x15.9x16.5x21.8x95.8x14.2x9.9x10.8x
EV / EBITDA 10.5x11.0x13.0x13.3x13.6x15.6x22.7x18.0x10.4x10.6x12.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

61 /100

Moderate moat

How hard Booz Allen Hamilton Holding's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 15 / 20

    Net income has been a median 9.6% of total assets over 10 years.

  • Pricing power 18 / 20

    Gross margin has been a median 53.6%, moving by 0.6 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median 9.1%; its worst year was 5.2%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 9 of 9 years, at a median 6.7% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 19.8% over five years; stock-based pay has been a median 0.7% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (76 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 22, 2027, before the open. Analysts expect revenue of $2.8bn and EPS of $1.47 (range $1.39 to $1.58) for the quarter.

Analysts' consensus

Booz Allen Hamilton Holding Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $6.62 +2% $11.4bn +1%
Next $6.75 +2% $11.9bn +5%

Next year's EPS estimate has moved +0.6% in 90 days, across 15 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +3.6% on 90 days ago. In the last 30 days, 1 analyst raised Booz Allen Hamilton Holding Corp's forecast and 3 cut it.

Consensus EPS forecast Booz Allen Hamilton Holding Corp, last 90 days
$6.20 $6.40 $6.60 $6.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $6.38 Current fiscal year, 60 days ago: $6.41 Current fiscal year, 30 days ago: $6.41 Current fiscal year, 7 days ago: $6.34 Current fiscal year, Now: $6.62 $6.62 Next fiscal year, 90 days ago: $6.71 Next fiscal year, 60 days ago: $6.73 Next fiscal year, 30 days ago: $6.74 Next fiscal year, 7 days ago: $6.72 Next fiscal year, Now: $6.75 $6.75

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $6.38$6.71
60 days ago $6.41$6.73
30 days ago $6.41$6.74
7 days ago $6.34$6.72
Now $6.62$6.75

Earnings against estimates

Booz Allen Hamilton Holding Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Sept 2026 $1.48 $1.76 +19.0%
Jun 2026 $1.48 $1.81 +21.9%
Mar 2026 $1.36 $1.78 +30.7%
Dec 2025 $1.29 $1.77 +37.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 23, 2026
  • Revenue fiscal 2027 $11.3bn to $11.6bn Narrowed vs 11.2bn to 11.7bn
    “Revenue $11.3 - $11.6 billion $11.2 - $11.7 billion” source
  • Revenue Growth fiscal 2027 1% growth to 3% growth
    “Revenue Growth 1.0 - 3.0% 0 - 4.0%” source
  • Adjusted Diluted EPS fiscal 2027 $6.50 to $6.70 Non-GAAP Raised
    “Adjusted Diluted EPS3 $6.50 - $6.70 $6.00 - $6.35” source
  • Adjusted EBITDA fiscal 2027 $1,260m to $1,290m Non-GAAP Raised vs 1,240m to 1,290m
    “Adjusted EBITDA $1,260 - $1,290 million $1,240 - $1,290 million” source
  • Adjusted EBITDA Margin on Revenue fiscal 2027 about 11% Non-GAAP
    “Adjusted EBITDA Margin on Revenue ~11% ~11%” source
  • Free Cash Flow fiscal 2027 $850m to $925m Non-GAAP Raised vs 825m to 925m
    “Free Cash Flow4 $850 - $925 million $825 - $925 million” source
Show 3 more items
  • Effective Tax Rate fiscal 2027 16% to 19% Lowered vs 20 to 23
    “3 Fiscal 2027 Guidance assumes an effective tax rate of 16-19% and average diluted shares outstanding of 118-120 million.” source
  • Average Diluted Shares Outstanding fiscal 2027 118m to 120m Maintained vs 118m to 120m
    “3 Fiscal 2027 Guidance assumes an effective tax rate of 16-19% and average diluted shares outstanding of 118-120 million.” source
  • Capital Expenditures fiscal 2027 about $200m Lowered vs about 220m
    “4 Fiscal 2027 Guidance assumes capital expenditures of approximately $200 million.” source

How earlier guidance turned out

  • Capital Expenditures, Fiscal 2026 guided about $100m Below range: $90m
  • Revenue, Fiscal 2026 guided $11.3bn to $11.4bn Below range: $11.217bn
  • Capital expenditures, fiscal 2026 guided about $100m Below range: $90m
  • Revenue, fiscal 2026 guided $11.3bn to $11.5bn Below range: $11.217bn

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Booz Allen Hamilton Holding Corp's revenue by +5.1% next year and +2.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.0%, weight 56%) , management guidance (+6.8%, weight 19%) and the company's own record (+2.0%, weight 25%) . How the weights are set.

Analyst recommendations

15 analysts, Oct 2026
Buy533%
Hold747%
Sell320%

Monthly trend

  1. Oct 202657215
  2. Sep 202639215
  3. Aug 2026381214
  4. Jul 2026381214

Counts of recommendations published by analysts covering Booz Allen Hamilton Holding Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.3%
of tradable shares
Days to cover
3.86
at average volume
Short interest, 1 month
−9%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.2%
of shares
Employees
31,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +4.0%

$84.65 on October 31, 2025 to $88.02

Booz Allen Hamilton Holding Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $12.0bn $11.1bn −7.3%
Net margin 8.7% 7.0% −19.4%
P/E multiple 10.3x 13.7x +33.0%
Share count 127m 121m +4.6%

Biggest factor: p/e multiple.

Last 3 years −23.9%

$115.65 on November 3, 2023 to $88.02

Booz Allen Hamilton Holding Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $9.7bn $11.1bn +14.8%
Net margin 3.1% 7.0% +129.7%
P/E multiple 51.9x 13.7x −73.5%
Share count 132m 121m +9.1%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Booz Allen Hamilton Holding Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
BAH−1%+26%+25%+2%−33%+7%
Industry peers (median)+10%−35%+4%+24%−22%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BAH58%58%67%67%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BAH−21%−22%−15%−31%−43%−41%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 67% from October 28, 2024 to June 25, 2026. Getting back needed a 199% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$59.26 – $99.94
From 52-week high
−11.9%
vs 50-day average
+16.8%
vs 200-day average
+16.2%
Volatility (1 year)
42%
Beta vs S&P 500
0.12

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±7.4%
After a week
5 up, 7 down
typical move ±8.5%
After a month
4 up, 7 down
typical move ±13.1%
Booz Allen Hamilton Holding Corp: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 23, 2026 +6.1% +0.2% +12.6% —
July 24, 2026 +8.8% +0.1% +5.8% +15.1%
May 22, 2026 +4.7% +1.1% +10.1% −17.3%
January 23, 2026 −1.9% +0.5% −7.7% −20.3%
October 24, 2025 −13.7% +2.0% −13.1% −18.9%
July 25, 2025 −6.9% +0.4% −4.7% −4.5%
May 23, 2025 −15.0% +1.4% −20.0% −21.1%
January 31, 2025 +0.4% −1.2% −0.8% −17.6%
October 25, 2024 +11.7% +0.3% +8.8% −11.2%
July 26, 2024 −5.9% +1.2% −6.3% +0.6%
May 24, 2024 +1.5% +0.7% −1.2% +2.9%
January 26, 2024 +12.0% +0.7% +10.5% +14.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Booz Allen Hamilton Holding Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.10× the last 60 days’ realised volatility , richer than 32% of the 229 stocks we screen today.
  • Puts are priced 10 points richer than calls (25-delta): the market is paying up for downside protection, which favours selling puts over calls.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

BAH Booz Allen Hamilton Holding Corp Grade C+ $87.87

Own 100 shares, sell the $95.00 call expiring December 18, 2026 (46 days) for $1.75 a share — $175 per contract.

Previous session · Bid $1.75, ask $2.35, quoted Mon 2 Nov, 17:15 New York time with BAH at $87.87. Option prices move with the shares: check the live chain at your broker before trading.

  • If BAH ends below $95.00: you keep your shares and the $175 — 2.0% extra on the position, 15.8% a year at that pace.
  • If it ends above $95.00: your shares are sold at $95.00, a total return of 10.1% including the premium — at or above our value of ~$80.
$888 $0 −$1.7k Our value $80.00 Break-even $86.12 Price $87.87
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$175
Annualised
15.8%
Break-even
$86.12
Max gain
$888
Chance of selling
~32%

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Booz Allen Hamilton Holding Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Booz Allen Hamilton Holding Corp
$10B $10.5B $11B $11.5B $12B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $10.3B Revenue (TTM), FY24 Q4: $10.7B Revenue (TTM), FY25 Q1: $10.9B Revenue (TTM), FY25 Q2: $11.4B Revenue (TTM), FY25 Q3: $11.8B Revenue (TTM), FY25 Q4: $12B Revenue (TTM), FY26 Q1: $12B Revenue (TTM), FY26 Q2: $11.7B Revenue (TTM), FY26 Q3: $11.4B Revenue (TTM), FY26 Q4: $11.2B Revenue (TTM), FY27 Q1: $11.1B Revenue (TTM), FY27 Q2: $11B $11B

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $10.3B
FY24 Q4 $10.7B
FY25 Q1 $10.9B
FY25 Q2 $11.4B
FY25 Q3 $11.8B
FY25 Q4 $12B
FY26 Q1 $12B
FY26 Q2 $11.7B
FY26 Q3 $11.4B
FY26 Q4 $11.2B
FY27 Q1 $11.1B
FY27 Q2 $11B
Revenue growth, TTM YoY Booz Allen Hamilton Holding Corp
-10% 0% 10% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: 13.9% Revenue growth, TTM YoY, FY24 Q4: 15.2% Revenue growth, TTM YoY, FY25 Q1: 13.3% Revenue growth, TTM YoY, FY25 Q2: 13.9% Revenue growth, TTM YoY, FY25 Q3: 14.1% Revenue growth, TTM YoY, FY25 Q4: 12.4% Revenue growth, TTM YoY, FY26 Q1: 9.2% Revenue growth, TTM YoY, FY26 Q2: 2.4% Revenue growth, TTM YoY, FY26 Q3: -3.1% Revenue growth, TTM YoY, FY26 Q4: -6.4% Revenue growth, TTM YoY, FY27 Q1: -7.3% Revenue growth, TTM YoY, FY27 Q2: -6.2% -6.2%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 13.9%
FY24 Q4 15.2%
FY25 Q1 13.3%
FY25 Q2 13.9%
FY25 Q3 14.1%
FY25 Q4 12.4%
FY26 Q1 9.2%
FY26 Q2 2.4%
FY26 Q3 -3.1%
FY26 Q4 -6.4%
FY27 Q1 -7.3%
FY27 Q2 -6.2%
Operating margin (TTM) Booz Allen Hamilton Holding Corp
6% 8% 10% 12% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 6.8% Operating margin (TTM), FY24 Q4: 9.5% Operating margin (TTM), FY25 Q1: 9.4% Operating margin (TTM), FY25 Q2: 11.5% Operating margin (TTM), FY25 Q3: 11.5% Operating margin (TTM), FY25 Q4: 11.4% Operating margin (TTM), FY26 Q1: 11.5% Operating margin (TTM), FY26 Q2: 9.4% Operating margin (TTM), FY26 Q3: 9.2% Operating margin (TTM), FY26 Q4: 9.2% Operating margin (TTM), FY27 Q1: 9.5% Operating margin (TTM), FY27 Q2: 9.3% 9.3%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 6.8%
FY24 Q4 9.5%
FY25 Q1 9.4%
FY25 Q2 11.5%
FY25 Q3 11.5%
FY25 Q4 11.4%
FY26 Q1 11.5%
FY26 Q2 9.4%
FY26 Q3 9.2%
FY26 Q4 9.2%
FY27 Q1 9.5%
FY27 Q2 9.3%
FCF margin (TTM) Booz Allen Hamilton Holding Corp
0% 5% 10% 15% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 2.7% FCF margin (TTM), FY24 Q4: 1.8% FCF margin (TTM), FY25 Q1: 2.7% FCF margin (TTM), FY25 Q2: 8.1% FCF margin (TTM), FY25 Q3: 7.2% FCF margin (TTM), FY25 Q4: 7.6% FCF margin (TTM), FY26 Q1: 8.3% FCF margin (TTM), FY26 Q2: 7.0% FCF margin (TTM), FY26 Q3: 8.2% FCF margin (TTM), FY26 Q4: 8.5% FCF margin (TTM), FY27 Q1: 10.1% FCF margin (TTM), FY27 Q2: 9.0% 9.0%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 2.7%
FY24 Q4 1.8%
FY25 Q1 2.7%
FY25 Q2 8.1%
FY25 Q3 7.2%
FY25 Q4 7.6%
FY26 Q1 8.3%
FY26 Q2 7.0%
FY26 Q3 8.2%
FY26 Q4 8.5%
FY27 Q1 10.1%
FY27 Q2 9.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Booz Allen Hamilton Holding took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $11.2B
  2. Cost of revenue $5.3B · 47.3%
  3. Gross profit $5.9B · 52.7%
  4. Selling, general and admin $1.3B · 11.3%
  5. Other operating costs $3.6B · 32.2%
  6. Operating income $1B · 9.2%
  7. Interest and other $171M · 1.5%
  8. Net income $851M · 7.6%
Where Booz Allen Hamilton Holding's revenue went, FY2026
Revenue $11.2B
Cost of revenue $5.3B 47.3% of revenue
Gross profit $5.9B 52.7% of revenue
Selling, general and admin $1.3B 11.3% of revenue
Other operating costs $3.6B 32.2% of revenue
Operating income $1B 9.2% of revenue
Interest and other $171M 1.5% of revenue
Net income $851M 7.6% of revenue

Shares of revenue. Source: Booz Allen Hamilton Holding's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Booz Allen Hamilton Holding Corp: annual financial statements
Fiscal year 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Sept 2026
Income
Revenue 5.8 6.2 6.7 7.5 7.9 8.4 9.3 10.7 12.0 11.2 11.0
Gross profit 3.1 3.3 3.6 4.1 4.2 4.5 5.0 5.7 6.6 5.9 5.8
EBITDA 0.6 0.6 0.7 0.8 0.8 0.8 0.6 1.2 1.5 1.2 1.2
Operating income 0.5 0.5 0.6 0.7 0.8 0.7 0.4 1.0 1.4 1.0 1.0
Net income 0.3 0.3 0.4 0.5 0.6 0.5 0.3 0.6 0.9 0.9 0.8
Diluted EPS $1.72 $2.03 $2.91 $3.41 $4.37 $3.44 $2.03 $4.59 $7.25 $6.90 $6.51
Growth (year on year)
Revenue — +6.2% +8.7% +11.3% +5.3% +6.4% +10.7% +15.2% +12.4% −6.4% −6.2%
EBITDA — +3.3% +14.8% +11.8% +11.8% −0.9% −26.3% +92.5% +30.3% −22.1% −5.8%
Operating income — +2.7% +15.9% +11.1% +12.7% −9.2% −34.8% +126.8% +35.1% −24.6% −8.0%
Net income — +15.7% +38.7% +15.3% +26.2% −23.4% −41.7% +122.8% +54.3% −9.0% −5.1%
Diluted EPS — +18.0% +43.3% +17.2% +28.2% −21.3% −41.0% +126.1% +58.0% −4.8% −1.2%
Margins
Gross margin 53.9% 53.5% 53.8% 54.7% 53.5% 53.4% 53.5% 53.8% 54.8% 52.7% 52.5%
EBITDA margin 9.7% 9.5% 10.0% 10.1% 10.7% 9.9% 6.6% 11.0% 12.8% 10.7% 10.9%
Operating margin 8.7% 8.4% 9.0% 9.0% 9.6% 8.2% 4.8% 9.5% 11.4% 9.2% 9.3%
Net margin 4.5% 4.9% 6.2% 6.5% 7.7% 5.6% 2.9% 5.7% 7.8% 7.6% 7.1%
Free-cash-flow margin 5.7% 4.7% 6.0% 5.7% 8.0% 7.9% 5.7% 1.8% 7.6% 8.5% 9.0%
Cash flow
Cash from operations 0.4 0.4 0.5 0.6 0.7 0.7 0.6 0.3 1.0 1.0 1.1
Capital spending 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow 0.3 0.3 0.4 0.4 0.6 0.7 0.5 0.2 0.9 1.0 1.0
Stock-based pay 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow after stock pay 0.3 0.3 0.4 0.4 0.6 0.6 0.4 0.1 0.8 0.9 0.9
Balance sheet
Cash 0.2 0.3 0.3 0.7 1.0 0.7 0.4 0.6 0.9 0.7 0.3
Total debt 1.7 1.8 1.8 2.2 2.4 2.8 2.8 3.4 4.0 3.9 4.4
Net debt (negative = net cash) 1.4 1.6 1.5 1.4 1.4 2.1 2.4 2.9 3.1 3.2 4.1
Diluted shares 150m 148m 143m 141m 139m 135m 133m 131m 128m 122m 120m
Returned to shareholders
Dividends 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.3
Buybacks 0.0 0.3 0.3 0.2 0.3 0.4 0.2 0.4 0.8 0.6 0.4
Total returned 0.1 0.4 0.4 0.3 0.5 0.6 0.5 0.7 1.1 0.9 0.7

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · September 30, 2026
What it owns · $8.3bn
Short-term assets $2.9bnLonger-term assets $5.4bn
What it owes, and who funded it · $8.3bn
Short-term liabilities $2.0bnLonger-term liabilities $5.1bnShareholders' equity $1.2bn
  • Short-term assets cover short-term liabilities $2.9bn of assets due within a year against $2.0bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.9bn short-term assets against $5.1bn of longer-dated liabilities.
  • More cash than debt $334m of cash against $4.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 355% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 261% to 355% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.1bn of operating cash flow against $4.4bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Booz Allen Hamilton Holding Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$373M
Dividends (TTM)
$283M
Returned to shareholders
67%
of free cash flow
Buybacks, last 3 fiscal years
$1.8B
Diluted share count
−4.0%
year over year
Total shareholder yield
6.3%
dividends 2.7% + buybacks 3.6% of market value
Dividend payout ratio
36%
of net income paid out
Days sales outstanding
78 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in it consulting & other services
Growth, margins and cash generation against peers
Last 12 months unless stated BAH DXC CACI KD SAIC IT Median
Revenue, last 12 months $11.0bn $12.4bn $9.8bn $15.0bn $7.4bn $6.5bn $383m
Revenue growth, last 12 months −6.2% −2.8% 10.1% −0.6% −0.8% 0.7% 5.7%
Revenue growth, 3-year average 3.1% −4.2% 12.0% −4.0% −1.3% 4.0% 4.3%
Revenue growth, latest quarter −3.9% −4.0% 8.2% −3.3% 6.3% −0.6% 4.7%
Gross margin 52.5% — 28.0% 21.8% 12.6% 70.1% 28.0%
Operating margin 9.3% 6.8% 9.8% — 8.0% 17.3% 5.9%
Operating margin, 3-year average 10.1% 7.5% 9.2% — 7.4% 18.1% 7.5%
Net margin 7.1% 0.9% 5.5% 0.6% 5.1% 12.0% 2.2%
Cash from operations / revenue 9.8% 10.4% 9.0% 5.1% 8.9% 21.4% 6.7%
Free-cash-flow margin 9.0% 8.3% 8.0% 1.0% 8.4% 19.9% 5.0%
Free-cash-flow margin, 3-year average 8.0% 9.4% 6.7% 0.7% 6.5% 20.0% 6.7%
Stock pay / revenue 0.7% 0.6% 0.9% 0.4% 0.9% 2.3% 2.2%
Change in share count −4.0% −7.9% −0.4% −4.5% −7.8% −8.8% 0.9%

Median of all 40 companies we cover in it consulting & other services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 it consulting & other services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -6.2% 6.5% 33 of 40
Change in growth rate Growth +1.1pp -0.8pp 11 of 40
Gross margin Profitability 52.5% 28.2% 5 of 34
Operating margin Profitability 9.3% 5.9% 12 of 36
Net margin Profitability 7.1% 2.5% 14 of 40
Free-cash-flow margin Cash generation 9.0% 5.1% 12 of 38
Stock pay as % of revenue Cash generation 0.7% 2.3% 6 of 36
Long-term debt as % of assets Balance sheet 52.9% 11.8% 27 of 27
Change in share count Balance sheet -4.0% 0.9% 10 of 39
Days sales outstanding Balance sheet 78 days 71 days 19 of 30

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$7B
Institutions reporting
555
Shares held vs prior quarter
▲ 0.4%
Positions opened / closed
81 / 78

Top buyers and sellers, Q2 2026: 275 institutions bought and 282 sold ; the biggest buyer was AQR Capital Management LLC (+3.1M shares) and the biggest seller Morgan Stanley (−2.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $805M 13.3M 11.4% ▲ 6.3%
Vanguard Portfolio Management LLC $446M 7.4M 6.3% ▼ 6.5%
Primecap Management Co $388M 6.4M 5.5% ▲ 32.5%
Vanguard Capital Management LLC $328M 5.4M 4.7% ▲ 0.2%
Price T Rowe Associates Inc $326M 5.4M 4.6% ▼ 19.0%
T. Rowe Price Investment Management, Inc. $262M 4.3M 3.7% ▼ 28.0%
Charles Schwab Investment Management Inc $242M 4.0M 3.4% ▲ 10.6%
AQR Capital Management LLC $240M 4.0M 3.4% ▲ 345.3%
State Street Corp $234M 3.9M 3.3% ▲ 1.5%
Jpmorgan Chase & Co $179M 2.9M 2.5% ▲ 2.5%
First Trust Advisors LP $178M 2.9M 2.5% ▲ 10.2%
Black Creek Investment Management Inc. $174M 2.9M 2.5% ▲ 7.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Booz Allen Hamilton Holding Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Petty Joshua EVP & General Counsel October 28, 2026 Sell 1,500 $82.92 $124,380
Fitzgerald Buffum Shannon Executive Vice President October 28, 2026 Sell 2,105 $82.90 $174,504
Metzfield Dennis VP, PAO & Controller August 13, 2026 Sell 469 $77.92 $36,544
Metzfield Dennis VP, PAO & Controller February 26, 2026 Sell 350 $78.59 $27,506

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 21 trades and filings

No trades in Booz Allen Hamilton Holding Corp disclosed in the last 12 months; 21 earlier trades on record.

  • Robert P. Bresnahan, Jr.(R-PA 8):Sale (full), $1,001 - $15,000, traded January 13, 2025, filed February 13, 2025
  • Rick Larsen(D-WA 2):Sale (full), $1,001 - $15,000, traded January 7, 2025, filed January 14, 2025
  • Julia Letlow(R-LA 5):Purchase, $1,001 - $15,000, traded October 23, 2024, filed January 13, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 22, 2027 estimated from the company's past filing pattern, not announced

  • October 23, 2026
  • July 24, 2026
  • May 22, 2026
  • January 23, 2026
  • October 24, 2025
  • July 25, 2025

Recent SEC filings

Data status

When each part of this page on Booz Allen Hamilton Holding Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Booz Allen Hamilton Holding Corp in brief

What does Booz Allen Hamilton Holding Corp do?
Booz Allen Hamilton Holding Corp is a US-listed company in the IT consulting & other services industry. Its financial year ends in March.
What is Booz Allen Hamilton Holding Corp's stock ticker?
Booz Allen Hamilton Holding Corp trades under the ticker BAH on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Booz Allen Hamilton Holding Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Booz Allen Hamilton Holding Corp reported revenue of $11B, 6.2% lower than a year earlier, according to its SEC filings.
What is Booz Allen Hamilton Holding Corp's free cash flow?
Booz Allen Hamilton Holding Corp's free-cash-flow margin is 9.0% of revenue over the trailing twelve months, ranking 12 of the 38 it consulting & other services companies we cover.
What is Booz Allen Hamilton Holding Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Booz Allen Hamilton Holding Corp's free cash flow after stock-based pay gives ~$80 per share in the base case, and ~$51–$120 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Booz Allen Hamilton Holding Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Primecap Management Co. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Booz Allen Hamilton Holding Corp buying back stock, and does it pay a dividend?
Booz Allen Hamilton Holding Corp spent $373M on share repurchases over the trailing twelve months, and its diluted share count fell 4.0% over the year.
What is Booz Allen Hamilton Holding Corp's market cap?
On November 2, 2026, Booz Allen Hamilton Holding Corp's market capitalisation was about $10.6B, with a price-to-earnings ratio of 13.5 and net debt of $4.1B. Market figures come from third-party market data and may be delayed.
Does Booz Allen Hamilton Holding Corp pay a dividend?
Yes: Booz Allen Hamilton Holding Corp paid $283M in dividends over the trailing twelve months, a dividend yield of 2.70% and a payout ratio of 36.1%.
How much debt does Booz Allen Hamilton Holding Corp have?
Booz Allen Hamilton Holding Corp's debt-to-equity ratio is 354.5%, from its latest balance sheet (261.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Booz Allen Hamilton Holding Corp's competitors?
In our IT Consulting & Other Services peer group, the companies closest to Booz Allen Hamilton Holding Corp are DXC Technology Co, CACI International Inc, Kyndryl Holdings, Inc., Science Applications International Corp and Gartner. The side-by-side comparison below sets their revenue, margins and growth against Booz Allen Hamilton Holding Corp's.
Are insiders buying or selling Booz Allen Hamilton Holding Corp stock?
Over the last 12 months, Booz Allen Hamilton Holding Corp's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Booz Allen Hamilton Holding Corp's next earnings date?
Around January 22, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Booz Allen Hamilton Holding Corp announces its own schedule.