Booz Allen Hamilton Holding CorporationBAH
NYSE•Industrials•Consulting Services
Booz Allen Hamilton Holding Corporation, a technology company, provides technology solutions using artificial intelligence, cyber, and other technologies for government's cabinet-level departments and commercial customers in the United States and internationally. The company offers artificial intelligence (AI) which creates purpose-built AI solutions that adapt commercial and technology to the needs of the federal government; cyber solutions; and legacy systems with cloud-enabled infrastructure, data platforms, and software applications.It also provides multi-modal data fusion coupled with cyber and AI for intelligence, surveillance, and reconnaissance, earth observation, and domain awareness and battle management; and quantum information sciences that provides quantum computing, quantum sensing, quantum communications, post-quantum compute readiness, and post-quantum cryptography. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.
Booz Allen Hamilton Holding Cor (BAH) reported trailing twelve months revenue of $11.22B as of March 2026, a 6.4% decline year-over-year. Quarterly revenue reached $2.78B, reflecting a contraction in sales.
Booz Allen Hamilton Holding Cor generated $851.00M in TTM net income, with quarterly EBITDA of $305.00M. The operating margin expanded from 9.2% to 9.5%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (9.5%) and net margin (7.4%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 6.5% a year ago, signaling stronger bottom-line efficiency.
BAH trades at a P/E of 11.2x (below the broader market average) and a P/S of 0.8x. The price-to-book ratio of 8.6x indicates a significant premium over book value.
The company generated $212.00M in free cash flow over the trailing twelve months, a 9.0% increase year-over-year, indicating cash generation ability. The balance sheet shows $7.12B in total assets with $3.92B in long-term debt against $1.10B in stockholders equity for a debt-to-equity ratio of 3.5, a relatively leveraged position. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~10.3% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 78.7% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has grown modestly overall (~2.4%) but trajectory is uneven, suggesting a competitive or cyclical business.
Data-driven red flags and warnings across 21 quarters
Operating margins declined 18.8% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 1.0x on average — earnings are well-supported by cash generation.
D/E ratio is 3.5 — dangerously high. The company is heavily leveraged and vulnerable to rising rates or cash flow dips.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 6.9% — net buybacks are reducing shares outstanding and boosting per-share value.