Booz Allen Hamilton Holding Corporation
Booz Allen Hamilton Reports Strong Fiscal 2024 Performance with 15.2% Revenue Growth
Summary
Booz Allen Hamilton Holding Corporation announced its financial results for fiscal year 2024, reporting an annual revenue increase of 15.2% to $10.7 billion. The company saw organic revenue growth of 14.5% and revenue excluding billable expenses growth of 14.4%. Net income surged by 123.3% to $605.7 million, and adjusted net income increased by 18.8% to $719.0 million. Operating income rose by 126.8% to $1,013.4 million, and adjusted EBITDA increased by 15.9% to $1,175.1 million. The company also provided guidance for fiscal year 2025, expecting revenue growth of 8.0% to 11.0%, with adjusted EBITDA between $1,260 million and $1,300 million.
Profitelligence Alerts
Get alerts for BAH
Be first to know when Booz Allen Hamilton Holding Corporation files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Booz Allen Hamilton Holding Corporation
Booz Allen Hamilton Holding Corporation is a management consulting company that specializes in providing services primarily to the U.S. government. Founded in 1914 and headquartered in McLean, Virginia, the company offers expertise in consulting, analytics, digital solutions, engineering, and cyber security. Booz Allen Hamilton plays a significant role in sectors such as defense, intelligence, and civil government, offering strategic and transformative solutions to complex challenges faced by federal clients. Known for its deep understanding of governmental needs, the company helps in tackling national security issues, optimizing mission-oriented technological capabilities, and improving efficiency. Beyond its governmental focus, Booz Allen also serves commercial clients, leveraging its extensive experience to drive business innovation and digital transformation. As a major player in the consulting arena, Booz Allen Hamilton's contributions are critical in aiding organizations to navigate intricate strategic landscapes, reinforcing its market significance in the realms of technology and management consulting.
Official SEC Documents
Advertisement