Booz Allen Hamilton Holding Corporation · NYSE:BAH
Booz Allen Hamilton — Q3 FY2013 Earnings Presentation
19 slides from Booz Allen Hamilton's earnings presentation, February 2013
Slide 1: Booz Allen Hamilton Third Quarter Fiscal 2013
Booz Allen Hamilton Third Quarter Fiscal 2013
Slide 2: Disclaimers
Disclaimers Forward Looking Safe Harbor Statement The following information includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Booz Allen’s preliminary financial resul
Slide 3: Investment Thesis
Investment Thesis ► Continued margin expansion and growth in adjusted earnings ► Effective management in a challenging market ► Differentiated capabilities and culture with investment in growth areas ► Track record of delivering value to stockholders 2
Slide 4: Delivering Results that Endure
Delivering Results that Endure Corporate and government clients depend on Booz Allen for more than just bright ideas They count on us to help them solve their toughest problems and achieve their most critical missions For nearly 100 years, our strategy and technology consultants have partnered with
Slide 5: The Markets We Serve
The Markets We Serve Revenue by Market Civil Clients Include… (FY12 ended March 31, 2012) • Homeland Security (DHS) • Health and Human Services (HHS) Defense Clients Include… • Treasury • Army • Veterans Administration (VA) • Navy • Federal Bureau of Investigation (FBI) • Air Force • Transportation
Slide 6: Differentiated in the Market
Differentiated in the Market ► Integrated capabilities to assist clients with Strategy and Organization, Analytics, Technology, Engineering, and Operations ► Longstanding client relationships based on deep understanding of their core mission ► A culture that fosters and encourages collaboration and
Slide 7: Our People
Our People An Exceptional Talent Base of Approximately 25,000(1) Education(2)(3) 76% Hold Clearances(2) Bachelor Degree 84% Top Secret/Sensitive Compartmented 27% Masters Degree 42% Information Doctoral Degree 4% Top Secret 22% (excluding TS/SCI) Secret 26% Notes: (1) As of December 31, 2012 (2) As
Slide 8: A Great Place to Work
A Great Place to Work For over a decade, Booz Allen’s high standing as a business and an employer has been recognized by dozens of organizations and publications 7
Slide 9: A Diverse Contract Base
A Diverse Contract Base Contract Type (1) 75% of revenue in FY12 delivered on over 4,600 task orders under ID/IQ contract vehicles Cost 15% Reimbursable ― Largest single task order was 1.2% of annual revenue Time & ― Average duration of task orders was 2 years 31% 54% Materials Fixed Price Large
Slide 10: Work We Do for Clients
Work We Do for Clients U.S. Immigration and Federal Aviation Administration Customs Enforcement Fighting Gangs with Technology Developing Next Generation Air Traffic Control Faced an on-going battle to identify and Heavy reliance on aging technologies Challenge arrest criminal aliens, combat gang Ch
Slide 11: Work We Do for Clients
Work We Do for Clients U.S. Department of The U.S. Department of Defense Veterans Affairs Helping USCENTCOM Reduce Costs An Integrated Approach to Cyber Security Needed review of operational model Experienced a cyber attack and Challenge and budget process to achieve greater Challenge needed to safe
Slide 12: Work We Do for Clients
Work We Do for Clients U.S. Centers for Disease U.S. Marine Corps Control & Prevention Helping Uganda Fight Health Challenges Responding to Operational Needs in Theater Required urgent assistance with Faced funding challenges and Challenge Challenge emergency egressing from the changing health prior
Slide 13: Current Investment in Growth Capabilities
Current Investment in Growth Capabilities Applying a dynamic framework of threat intelligence, incident response, Cyber integrated remediation, and pre-emptive response Booz Allen Cyber Solutions NetworkTM launched January 2012 Helping clients develop cloud-based infrastructure including servi
Slide 14: Current Investment in Growth Markets
Current Investment in Growth Markets Serving health clients across the government and commercial markets Capabilities include health informatics, data analytics, health policy, and coordinated care Health Client needs addressed include healthcare quality, pay-for-performance, system interopera
Slide 15: Go Forward Strategy
Go Forward Strategy ► Based on an assessment of the market (What and how clients buy) Matrix Organization is Evolving ► Expanding our reach into faster growing engineering services ► More efficient organization design to foster Booz Allen’s differentiated culture of collaboration What’s not changing
Slide 16: Key Financial Highlights
Key Financial Highlights Third Quarter Fiscal 2013 Results Revenue $1.39 billion 3.5% Decline Adjusted Net Income $59.7 million 5.9% Increase Net Income $56.2 million 10.6% Decline Adjusted EBITDA $135.8 million 13.1% Increase Adjusted Diluted EPS $0.41/share Up from $0.40/share Diluted EPS $0.38/sh
Slide 17: Earnings Growth and Margin Expansion
Earnings Growth and Margin Expansion Adj. Diluted EPS Adj. EBITDA $2.0 $600.0 $1.5 $500.0 $400.0 $1.0 $300.0 $0.5 $200.0 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 LTM Dec 12 Margin: 6.3% 6.4% 7.2% 7.9% 8.3% 9.1% Revenue Backlog $7.0 $15.0 $6.0 $13.0 $11.0 $5.0 $9.0 $4.0 $7.0 $3.0 $5.0 FY08 FY09 FY10 F
Slide 18: Outlook
Outlook Fiscal 2013 Outlook (1) Down Low Single Digits Revenue growth forecast: for the Full Fiscal 2013 Diluted EPS forecast (2): $1.40 - $1.45 Adjusted Diluted EPS forecast (2): $1.60 - $1.65 (1) Inclusive of DSES acquisition (2) Full Fiscal Year 2013 Estimated Weighted Average Diluted Share Count
Slide 19: Thank you!
Booz | Allen | Hamilton A A fo Thank you!
Booz Allen Hamilton Holding — Q3 FY2013 Earnings Presentation on 6ix