Booz Allen Hamilton Holding Corporation · NYSE:BAH
Booz Allen Hamilton — Q3 2025 Earnings Presentation
16 slides from Booz Allen Hamilton's earnings presentation, Jan 31, 2025
Slide 1: Earnings Call Presentation
EARNINGS CALL PRESENTATION Fiscal Year 2025, Third Quarter January 31, 2025
Slide 2: Call Participants
HORACIO ROZANSKI CALL Chairman, Chief Executive Officer & President PARTICIPANTS MATT CALDERONE Executive Vice President, Chief Financial Officer DUSTIN DARENSBOURG Head of Investor Relations 2
Slide 3: Disclaimer
DISCLAIMER Forward Looking Safe Harbor Statement Certain statements contained in this presentation and in related comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include
Slide 4: Key Financial Results
KEY FINANCIAL RESULTS THIRD QUARTER FISCAL YEAR 2025 RESULTS THIRD QUARTER (1) FISCAL YEAR-TO-DATE (12/31/24) (1) Revenue $2.9 billion +13.5% $9.0 billion +14.1% Revenue, Excluding Billable Expenses $2.0 billion +11.8% $6.2 billion +12.8% Net Income $187 million +28.4% $742 million +55.4% Adjusted E
Slide 5: Adjusted EBITDA Growth Investment Thesis
INVESTMENT THESIS EXCEPTIONAL SHAREHOLDER VALUE CREATION FY2023–FY2025 GOALS Competitive ADJUSTED EBITDA Disciplined Edge at the GROWTH TO $1.2–1.3B Capital Mission- Deployment Innovation Organic Strategic Strong Mid 10% Intersection Revenue + Acquisitions & + Adjusted $2.0–3.5B 5–8% Investments EBI
Slide 6: Key Financial Results
Page 4 intentionally repeated KEY FINANCIAL RESULTS THIRD QUARTER FISCAL YEAR 2025 RESULTS THIRD QUARTER (1) FISCAL YEAR-TO-DATE (12/31/24) (1) Revenue $2.9 billion +13.5% $9.0 billion +14.1% Revenue, Excluding Billable Expenses $2.0 billion +11.8% $6.2 billion +12.8% Net Income $187 million +28.4%
Slide 7: Historical Backlog & Book-to-Bill
HISTORICAL BACKLOG & BOOK-TO-BILL BACKLOG ($ IN BILLIONS) (1) 41.3 $22.0 39.4 35.0 36.2 34.3 33.8 31.8 31.2 31.3 29.2 28.6 30.0 $24.3 $18.6 $20.9 $24.7 $16.0 $17.1 $19.9 $19.5 $15.6 $14.6 $15.4 $17.3 $10.4 $10.1 $10.1 $10.3 $9.9 $10.0 $10.1 $9.5 $9.0 $9.2 $9.5 $9.3 $3.7 $4.0 $5.5 $4.5 $4.6 $4.9 $6.3
Slide 8: Capital Allocation
CAPITAL ALLOCATION DELIVERING STRONG CAPITAL RETURNS THROUGH EFFICIENT CAPITAL DEPLOYMENT STRATEGY – Our multi-year capital deployment plan follows a disciplined and opportunistic approach, subject to market conditions – In Q3 FY2025, we deployed approximately $227.6 million: – $65.5 million through
Slide 9: Financial Outlook
FINANCIAL OUTLOOK FULL YEAR FISCAL 2025 GUIDANCE (1) OPERATING PERFORMANCE Updated FY25 Prior FY25 Guidance Guidance Revenue Growth 12.0% – 13.0% 11.0% – 13.0% Adjusted EBITDA $1,310 – $1,330 million $1,300 – $1,330 million Adjusted EBITDA Margin on Revenue ~11% ~11% Adjusted Diluted EPS $6.25 – $6.
Slide 10: Appendix
APPENDIX 10
Slide 11: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION • “Revenue, Excluding Billable Expenses” represents revenue less billable expenses. Booz Allen uses Revenue, Excluding Billable Expenses because it provides management useful information about the Company’s operating performance by excluding the impact of costs that ar
Slide 12: Non-GAAP Financial Information (Unaudited)
NON-GAAP FINANCIAL INFORMATION (Unaudited) Three Months Ended Nine Months Ended December 31, December 31, (In thousands, except share and per share data) 2024 2023 2024 2023 Revenue, Excluding Billable Expenses Revenue $ 2,917,190 $ 2,569,801 $ 9,005,373 $ 7,890,569 Less: Billable expenses 938,534 7
Slide 13: Non-GAAP Financial Information (Unaudited)
NON-GAAP FINANCIAL INFORMATION (Unaudited) Three Months Ended Nine Months Ended December 31, December 31, (In thousands, except share and per share data) 2024 2023 2024 2023 Adjusted Net Income Net income $ 186,950 $ 145,644 $ 742,295 $ 477,750 Change in provision for claimed costs (a) — — (113,112)
Slide 14: Non-GAAP Financial Information (Unaudited)
NON-GAAP FINANCIAL INFORMATION (Unaudited) (a) Represents the reduction to our provision for claimed costs for years prior to fiscal 2025 recorded during the second quarters of fiscal 2025 and 2024, which resulted in a corresponding increase to revenue, as a result of the Defense Contract Audit Agen
Slide 15: Non-GAAP Financial Information (Unaudited)
NON-GAAP FINANCIAL INFORMATION (Unaudited) Three Months Ended Three Months Ended Three Months Ended Three Months Ended (a) Reflects the combination of Interest expense and Other (In thousands, except share and per share data) December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 income,
Slide 16: Financial Results – Key Drivers
FINANCIAL RESULTS – KEY DRIVERS Third Quarter Fiscal 2025 – Below is a summary of the key factors driving results for the fiscal 2025 third quarter ended December 31, 2024 as compared to the prior year period: • Revenue increased 13.5% to $2.9 billion and Revenue, Excluding Billable Expenses increas
Booz Allen Hamilton Holding — Q3 2025 Earnings Presentation on 6ix