BAH Financials Booz Allen Hamilton Holding Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 25, 2026, 10:25 UTC Overview →

Growth & profitability

Revenue has grown 7.4% per year over the past 5 years.
Net income has grown in line with revenue (6.9% vs 7.4% per year).
Operating margin has been roughly flat, at 9.2% in the latest year.
Free cash flow has grown 8.5% per year over the past 5 years.

Financial health

Total debt ($3.9B) exceeds cash ($728M); net debt is $3.2B.
Total debt has grown faster than revenue (10.8% vs 7.4% per year).
Total debt is 3.3× EBITDA.

Shareholder returns

Dividends have been paid for 14 consecutive years, consuming 32.5% of earnings and 29.0% of free cash flow.
The dividend has grown 8.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$11.2B	$850M	52.7%	9.2%	77.0%	11.9%	$951M	$3.9B	$728M
2025	$12.0B	$935M	54.8%	11.4%	93.2%	12.8%	$911M	$4.0B	$885M
2024	$10.7B	$606M	53.8%	9.5%	57.9%	9.2%	$192M	$3.4B	$554M
2023	$9.3B	$271M	53.5%	4.8%	27.3%	4.1%	$527M	$2.8B	$405M
2022	$8.4B	$467M	53.4%	8.2%	44.6%	7.7%	$657M	$2.8B	$696M
2021	$7.9B	$609M	53.5%	9.6%	56.8%	11.1%	$631M	$2.4B	$991M
2020	$7.5B	$483M	54.7%	9.0%	56.4%	10.1%	$423M	$2.2B	$742M
2019	$6.7B	$419M	53.8%	9.0%	62.0%	10.9%	$405M	$1.8B	$284M
2018	$6.2B	$302M	53.5%	8.4%	53.6%	8.4%	$291M	$1.8B	$287M
2017	$5.8B	$261M	53.9%	8.7%	44.6%	7.7%	$328M	$1.7B	$217M
2016	—	$294M	—	—	72.0%	9.8%	—	$1.6B	$188M
2015	—	$233M	—	—	124.7%	8.1%	—	$1.6B	$207M
2014	—	$232M	—	—	135.3%	7.9%	—	$1.7B	$260M
2013	—	$219M	—	—	96.6%	6.9%	—	$1.7B	$350M
2012	—	$240M	—	—	20.2%	7.2%	—	$965M	$484M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$2.8B	$181M	52.0%	8.8%	14.5%	2.2%	$263M	$4.4B	$334M
Jun '26	$2.8B	$198M	52.3%	10.0%	16.5%	2.6%	$261M	$3.9B	$540M
Mar '26	$2.8B	$205M	53.9%	9.5%	18.6%	2.9%	$212M	$3.9B	$728M
Dec '25	$2.6B	$200M	51.9%	8.8%	19.5%	2.8%	$248M	$3.9B	$882M
Sep '25	$2.9B	$175M	53.6%	9.8%	17.6%	2.4%	$395M	$4.0B	$816M
Jun '25	$2.9B	$271M	51.3%	8.8%	25.4%	3.8%	$96M	$4.0B	$711M
Mar '25	$3.0B	$193M	53.6%	9.2%	19.2%	2.6%	$194M	$4.0B	$885M
Dec '24	$2.9B	$187M	55.3%	10.0%	15.5%	2.7%	$134M	$3.4B	$454M
Sep '24	$3.1B	$390M	56.7%	17.5%	32.5%	5.7%	$563M	$3.4B	$559M
Jun '24	$2.9B	$165M	53.4%	8.7%	15.2%	2.5%	$20M	$3.4B	$298M
Mar '24	$2.8B	$128M	54.7%	9.6%	12.2%	2.0%	$127M	$3.4B	$554M
Dec '23	$2.6B	$146M	54.0%	9.6%	13.4%	2.2%	$211M	$3.4B	$602M
Sep '23	$2.7B	$171M	53.8%	10.0%	15.9%	2.4%	-$64M	$3.4B	$557M
Jun '23	$2.7B	$161M	52.8%	8.8%	15.9%	2.4%	-$82M	$2.9B	$210M
Mar '23	$2.4B	-$68M	53.6%	-1.8%	-6.9%	-1.0%	$212M	$2.8B	$405M
Dec '22	$2.3B	$31M	54.2%	2.6%	2.6%	0.5%	$117M	$2.8B	$371M
Sep '22	$2.3B	$171M	54.0%	9.7%	14.1%	2.8%	$257M	$2.8B	$757M
Jun '22	$2.2B	$138M	52.2%	9.2%	12.6%	2.3%	-$59M	$2.8B	$498M
Mar '22	$2.2B	$91M	52.7%	6.6%	8.7%	1.5%	$227M	$2.8B	$696M
Dec '21	$2.0B	$129M	54.2%	8.7%	12.0%	2.2%	-$528000	$2.8B	$643M

Valuation over time

How the market has priced BAH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 40.5× (Mar '23) to 12.1× (Nov '26).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.9× (Nov '26).
The dividend yield has risen from 2.1% (Mar '23) to 2.7% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is BAH growing its revenue and profit?

Over the past 5 years, Booz Allen Hamilton Holding Corp's revenue has grown 7.4% per year, and net income grown 6.9% per year. These are computed facts, not advice.

How much debt does BAH have?

As of FY2026, Booz Allen Hamilton Holding Corp reported $3.9B of total debt against $728M of cash.

What is BAH's profit margin?

In FY2026, gross margin was 52.7%, operating margin 9.2%, and net margin 7.6%.

What is BAH's P/E ratio?

Booz Allen Hamilton Holding Corp's P/E (TTM) is 13.16 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BAH stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 12.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.