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 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
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
FCF
Total debt
Cash
2026
$11.2B
$850M
52.7%
9.2%
$951M
$3.9B
$728M
2025
$12.0B
$935M
54.8%
11.4%
$911M
$4.0B
$885M
2024
$10.7B
$606M
53.8%
9.5%
$192M
$3.4B
$554M
2023
$9.3B
$271M
53.5%
4.8%
$527M
$2.8B
$405M
2022
$8.4B
$467M
53.4%
8.2%
$657M
$2.8B
$696M
2021
$7.9B
$609M
53.5%
9.6%
$631M
$2.4B
$991M
2020
$7.5B
$483M
54.7%
9.0%
$423M
$2.2B
$742M
2019
$6.7B
$419M
53.8%
9.0%
$405M
$1.8B
$284M
2018
$6.2B
$302M
53.5%
8.4%
$291M
$1.8B
$287M
2017
$5.8B
$261M
53.9%
8.7%
$328M
$1.7B
$217M
2016
—
$294M
—
—
—
$1.6B
$188M
2015
—
$233M
—
—
—
$1.6B
$207M
2014
—
$232M
—
—
—
$1.7B
$260M
2013
—
$219M
—
—
—
$1.7B
$350M
2012
—
$240M
—
—
—
$965M
$484M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$2.8B
$205M
53.9%
9.5%
$212M
$3.9B
$728M
Dec '25
$2.6B
$200M
51.9%
8.8%
$248M
$3.9B
$882M
Sep '25
$2.9B
$175M
53.6%
9.8%
$395M
$4.0B
$816M
Jun '25
$2.9B
$271M
51.3%
8.8%
$96M
$4.0B
$711M
Mar '25
$3.0B
$193M
53.6%
9.2%
$194M
$4.0B
$885M
Dec '24
$2.9B
$187M
55.3%
10.0%
$134M
$3.4B
$454M
Sep '24
$3.1B
$390M
56.7%
17.5%
$563M
$3.4B
$559M
Jun '24
$2.9B
$165M
53.4%
8.7%
$20M
$3.4B
$298M
Mar '24
$2.8B
$128M
54.7%
9.6%
$127M
$3.4B
$554M
Dec '23
$2.6B
$146M
54.0%
9.6%
$211M
$3.4B
$602M
Sep '23
$2.7B
$171M
53.8%
10.0%
-$64M
$3.4B
$557M
Jun '23
$2.7B
$161M
52.8%
8.8%
-$82M
$2.9B
$210M
Mar '23
$2.4B
-$68M
53.6%
-1.8%
$212M
$2.8B
$405M
Dec '22
$2.3B
$31M
54.2%
2.6%
$117M
$2.8B
$371M
Sep '22
$2.3B
$171M
54.0%
9.7%
$257M
$2.8B
$757M
Jun '22
$2.2B
$138M
52.2%
9.2%
-$59M
$2.8B
$498M
Mar '22
$2.2B
$91M
52.7%
6.6%
$227M
$2.8B
$696M
Dec '21
$2.0B
$129M
54.2%
8.7%
-$528000
$2.8B
$643M
Sep '21
$2.1B
$155M
55.0%
10.4%
$450M
$2.8B
$789M
Jun '21
$2.0B
$92M
51.6%
7.1%
-$20M
$2.8B
$622M
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 40.9× (Mar '23) to 8.5× (Jun '26).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.6× (Jun '26).
The dividend yield has risen from 2.1% (Mar '23) to 3.8% (Jun '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?
As of Jun '26, Booz Allen Hamilton Holding Corp traded at a price-to-earnings ratio of about 8.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.