Booz Allen Hamilton Holding Corporation · NYSE:BAH

Booz Allen Hamilton — Q4 FY2022 Earnings Presentation

16 slides from Booz Allen Hamilton's earnings presentation, May 20, 2022

  1. Slide 1: Earnings Call Presentation

    EARNINGS CALL PRESENTATION Fiscal Year 2022, Fourth Quarter May 20, 2022

  2. Slide 2: Call Participants

    HORACIO ROZANSKI CALL President and Chief Executive Officer PARTICIPANTS LLOYD HOWELL, JR. Chief Financial Officer LAURA S. ADAMS Treasurer and Interim Head of Investor Relations 2

  3. 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

  4. Slide 4: Key Financial Results

    KEY FINANCIAL RESULTS FISCAL YEAR 2022 RESULTS FOURTH QUARTER (1) FISCAL YEAR 2022 (1) Revenue $2.2 billion +13.1% $8.4 billion +6.4% Revenue, Excluding Billable Expenses $1.6 billion +14.3% $5.9 billion +6.4% Adjusted EBITDA $205 million +6.3% $935 million +11.3% Adjusted EBITDA Margin on Revenue 9

  5. Slide 5: Investment Thesis

    INVESTMENT THESIS EXCEPTIONAL SHAREHOLDER VALUE CREATION Y2023—FY2025 GOALS ADJUSTED EBITDA. viseitine GROWTH 10 $1.2—1.3B._ fanltal Deployment Organic Strategic Strong Mid 10% $3 h— 4.5B Revenue e Acquisitions & +) Adjusted EBITDA 5-8% Investments Margin

  6. Slide 6: Key Financial Results

    Page 4 intentionally repeated KEY FINANCIAL RESULTS FISCAL YEAR 2022 RESULTS FOURTH QUARTER (1) FISCAL YEAR 2022 (1) Revenue $2.2 billion +13.1% $8.4 billion +6.4% Revenue, Excluding Billable Expenses $1.6 billion +14.3% $5.9 billion +6.4% Adjusted EBITDA $205 million +6.3% $935 million +11.3% Adjus

  7. Slide 7: Historical Backlog & Book-to-Bill

    HISTORICAL BACKLOG & BOOK-TO-BILL BACKLOG ($ IN BILLIONS) (1)(2) $22.0 $29.0 $29.2 $26.8 $27.8 $24.6 $23.3 $24.0 $22.9 $22.0 $23.0 $19.9 $20.7 $14.6 $14.3 $15.6 $14.3 $13.2 $13.9 $13.7 $14.4 $13.1 $12.8 $14.8 $12.3 $9.5 $9.4 $9.9 $5.4 $6.2 $9.0 $4.4 $5.3 $4.5 $4.7 $6.0 $6.1 $3.2 $4.4 $3.5 $3.4 $3.4

  8. Slide 8: Capital Allocation

    CAPITAL ALLOCATION DELIVERING STRONG CAPITAL RETURNS THROUGH EFFICIENT CAPITAL DEPLOYMENT STRATEGY – Our multi-year capital deployment plan is to follow a disciplined and opportunistic approach, subject to market conditions – In fiscal 2022, we deployed approximately $1.5 billion: – $209.1 million t

  9. Slide 9: Financial Outlook

    FINANCIAL OUTLOOK FULL YEAR FISCAL 2023 GUIDANCE OPERATING PERFORMANCE Total Revenue Growth(1) 5.0 - 9.0% Adjusted EBITDA $950 - $1,000 million Adjusted EBITDA Margin on Revenue Mid-to-High 10% Adjusted Diluted EPS(2) $4.15 - $4.45 Net Cash Provided by Operating Activities(3) $850 – $950 million (1)

  10. Slide 10: Fiscal Year 2023 Operating Cash Bridge

    FISCAL YEAR 2023 OPERATING CASH BRIDGE OPERATING CASH BRIDGE FROM FISCAL 2022 TO FISCAL 20231 FY22 Operating Cash $737 million FY22 Net Cash Paid for Income Taxes $(127) million Adjusted EBITDA Growth2 ~$15 – $65 million Interest Expense3 ~$(16) million Net Changes in Working Capital ~$(14) – $37 mi

  11. Slide 11: Fiscal Year 2023 ADEPS Bridge

    FISCAL YEAR 2023 ADEPS BRIDGE ADEPS BRIDGE FROM FY22 TO FY23 FY22 ADEPS $4.21 5 – 9% Revenue Growth ~$0.28 – $0.48 Mid-to-High 10% Adjusted EBITDA Margin ~$(0.20) – $(0.10) FY23 Operational ADEPS $4.29 – $4.59 Depreciation and Amortization1 ~$(0.04) Interest Expense2 ~$(0.10) Income Tax Expense3 ~$(

  12. Slide 12: Appendix

    APPENDIX 12

  13. Slide 13: Non-GAAP Financial Information

    NON-GAAP FINANCIAL INFORMATION • "Revenue, Excluding Billable Expenses" represents revenue less billable expenses. We use Revenue, Excluding Billable Expenses because it provides management useful information about the Company's operating performance by excluding the impact of costs that are not ind

  14. Slide 14: Non-GAAP Financial Information

    NON-GAAP FINANCIAL INFORMATION (a) Represents costs associated with the acquisition and divestiture efforts Three Months Ended Fiscal Year Ended March 31, March 31, of the Company related to transactions for which the Company has entered (In thousands, except share and per share data) 2022 2021 2022

  15. Slide 15: Financial Results – Key Drivers

    FINANCIAL RESULTS – KEY DRIVERS Fourth Quarter Fiscal 2022 – Below is a summary of the key factors driving results for the fiscal 2022 fourth quarter ended March 31, 2022 as compared to the prior year period: • Revenue increased 13.1% to $2.2 billion and Revenue, Excluding Billable Expenses increase

  16. Slide 16: Financial Results – Key Drivers

    FINANCIAL RESULTS – KEY DRIVERS Fiscal year ended March 31, 2022 – Below is a summary of the key factors driving results for the fiscal year 2022 ended March 31, 2022 as compared to the prior year: • Revenue increased 6.4% to $8.4 billion and Revenue, Excluding Billable Expenses increased 6.4% to $5

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