Booz Allen Hamilton (BAH)
Market Price (8/19/2026): $75.76 | Market Cap: $9.1 BilSector: Industrials | Industry: Research & Consulting Services
Booz Allen Hamilton (BAH)
Market Price (8/19/2026): $75.76Market Cap: $9.1 BilSector: IndustrialsIndustry: Research & Consulting Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 3.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 12% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% Stock buyback supportStock Buyback 3Y Total is 1.8 Bil Low stock price volatilityVol 12M is 41% Megatrend and thematic driversMegatrends include Cybersecurity, Artificial Intelligence, and Cloud Computing. Themes include Cloud Security, Show more. | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -105% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -7.3%, Rev Chg QQuarterly Revenue Change % is -4.2% Key risksBAH key risks include [1] its near-total reliance on U.S. Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 3.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 12% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Stock buyback supportStock Buyback 3Y Total is 1.8 Bil |
| Low stock price volatilityVol 12M is 41% |
| Megatrend and thematic driversMegatrends include Cybersecurity, Artificial Intelligence, and Cloud Computing. Themes include Cloud Security, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -105% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -7.3%, Rev Chg QQuarterly Revenue Change % is -4.2% |
| Key risksBAH key risks include [1] its near-total reliance on U.S. Show more. |
Qualitative Assessment
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Booz Allen Hamilton (BAH) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Mixed Fiscal Performance Despite EPS Beats. Booz Allen Hamilton demonstrated strong profitability with adjusted diluted earnings per share (EPS) beating analyst estimates in both fiscal Q4 2026 and fiscal Q1 2027. For fiscal Q4 2026, reported on May 22, 2026, adjusted diluted EPS was $1.78, exceeding the consensus estimate of $1.32 by $0.46. Similarly, for fiscal Q1 2027 (ended June 30, 2026), reported on July 24, 2026, the company posted an EPS of $1.81, surpassing the consensus estimate of $1.49 by $0.32. However, revenue in both quarters experienced year-over-year declines, with fiscal Q4 2026 revenue decreasing by 6.4% to $2.8 billion, and fiscal Q1 2027 revenue falling by 4.2% to $1.97 billion, below analyst expectations. This mixed financial picture, combining strong earnings with revenue challenges, contributed to the stock's relatively stable movement.
2. Robust National Security Segment Growth Offset by Civil Business Weakness. The company's National Security segment exhibited strength, with revenue increasing by 1.3% year-over-year in fiscal Q1 2027. This was further supported by a 23% increase in the National Security funded backlog and a strong quarterly book-to-bill ratio of 1.5x. Booz Allen Hamilton also reported a record total backlog of over $39 billion in fiscal Q1 2027. Conversely, weakness in the Civil government business continued to impact overall revenue performance, as highlighted in the fiscal Q4 2026 results, creating a counterbalance to the positive momentum in National Security.
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Booz Allen Hamilton (BAH) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Mixed Fiscal Performance Despite EPS Beats. Booz Allen Hamilton demonstrated strong profitability with adjusted diluted earnings per share (EPS) beating analyst estimates in both fiscal Q4 2026 and fiscal Q1 2027. For fiscal Q4 2026, reported on May 22, 2026, adjusted diluted EPS was $1.78, exceeding the consensus estimate of $1.32 by $0.46. Similarly, for fiscal Q1 2027 (ended June 30, 2026), reported on July 24, 2026, the company posted an EPS of $1.81, surpassing the consensus estimate of $1.49 by $0.32. However, revenue in both quarters experienced year-over-year declines, with fiscal Q4 2026 revenue decreasing by 6.4% to $2.8 billion, and fiscal Q1 2027 revenue falling by 4.2% to $1.97 billion, below analyst expectations. This mixed financial picture, combining strong earnings with revenue challenges, contributed to the stock's relatively stable movement.
2. Robust National Security Segment Growth Offset by Civil Business Weakness. The company's National Security segment exhibited strength, with revenue increasing by 1.3% year-over-year in fiscal Q1 2027. This was further supported by a 23% increase in the National Security funded backlog and a strong quarterly book-to-bill ratio of 1.5x. Booz Allen Hamilton also reported a record total backlog of over $39 billion in fiscal Q1 2027. Conversely, weakness in the Civil government business continued to impact overall revenue performance, as highlighted in the fiscal Q4 2026 results, creating a counterbalance to the positive momentum in National Security.
3. Strategic Acquisitions and Key AI/Cyber Partnerships. Booz Allen Hamilton engaged in significant strategic activities aimed at future growth, particularly in advanced technology. In June 2026, the company announced the acquisition of Ultra I&C Mission Solutions for $720 million, a move expected to enhance its defense technology business. Concurrently, Booz Allen Hamilton partnered with OpenAI in June 2026 to accelerate secure AI development for national security missions and expanded its suite of AI-powered cyber defense products in July 2026. These initiatives, while positive for long-term prospects, likely had a balancing effect on the stock in the short term, as investors weighed immediate financial results against future growth potential.
4. Cautious Analyst Sentiment Amidst Reaffirmed Guidance. Analyst sentiment for Booz Allen Hamilton remained largely cautious during the period, with a "Reduce" consensus rating and a target price of $81.08 as of July 17, 2026. However, following the fiscal Q1 2027 earnings report, some analysts upgraded their ratings, suggesting that the downside from previous concerns, such as civil government weakness, was largely priced into the stock. The company reaffirmed its full-year fiscal 2027 guidance, which included projected revenue growth of 0-4.0% and adjusted diluted EPS between $6.00 and $6.35, providing some stability and clarity for investors.
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Stock Movement Drivers
Fundamental Drivers
The -1.1% change in BAH stock from 4/30/2026 to 8/18/2026 was primarily driven by a -4.6% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8182026 | Change |
|---|---|---|---|
| Stock Price ($) | 76.61 | 75.76 | -1.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,409 | 11,093 | -2.8% |
| Net Income Margin (%) | 7.4% | 7.0% | -4.6% |
| P/E Multiple | 11.1 | 11.7 | 5.7% |
| Shares Outstanding (Mil) | 121 | 120 | 0.9% |
| Cumulative Contribution | -1.1% |
Market Drivers
4/30/2026 to 8/18/2026| Return | Correlation | |
|---|---|---|
| BAH | -1.1% | |
| Market (SPY) | 6.8% | 2.6% |
| Sector (XLI) | 5.1% | -6.9% |
Fundamental Drivers
The -12.4% change in BAH stock from 1/31/2026 to 8/18/2026 was primarily driven by a -6.4% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8182026 | Change |
|---|---|---|---|
| Stock Price ($) | 86.44 | 75.76 | -12.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,409 | 11,093 | -2.8% |
| Net Income Margin (%) | 7.4% | 7.0% | -4.6% |
| P/E Multiple | 12.5 | 11.7 | -6.4% |
| Shares Outstanding (Mil) | 121 | 120 | 0.9% |
| Cumulative Contribution | -12.4% |
Market Drivers
1/31/2026 to 8/18/2026| Return | Correlation | |
|---|---|---|
| BAH | -12.4% | |
| Market (SPY) | 11.2% | 1.0% |
| Sector (XLI) | 11.3% | -3.5% |
Fundamental Drivers
The -27.0% change in BAH stock from 7/31/2025 to 8/18/2026 was primarily driven by a -19.4% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8182026 | Change |
|---|---|---|---|
| Stock Price ($) | 103.73 | 75.76 | -27.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,962 | 11,093 | -7.3% |
| Net Income Margin (%) | 8.7% | 7.0% | -19.4% |
| P/E Multiple | 12.4 | 11.7 | -5.5% |
| Shares Outstanding (Mil) | 124 | 120 | 3.5% |
| Cumulative Contribution | -27.0% |
Market Drivers
7/31/2025 to 8/18/2026| Return | Correlation | |
|---|---|---|
| BAH | -27.0% | |
| Market (SPY) | 22.4% | 4.4% |
| Sector (XLI) | 22.0% | 5.9% |
Fundamental Drivers
The -33.2% change in BAH stock from 7/31/2023 to 8/18/2026 was primarily driven by a -76.9% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8182026 | Change |
|---|---|---|---|
| Stock Price ($) | 113.39 | 75.76 | -33.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9,664 | 11,093 | 14.8% |
| Net Income Margin (%) | 3.0% | 7.0% | 130.5% |
| P/E Multiple | 50.5 | 11.7 | -76.9% |
| Shares Outstanding (Mil) | 131 | 120 | 9.2% |
| Cumulative Contribution | -33.2% |
Market Drivers
7/31/2023 to 8/18/2026| Return | Correlation | |
|---|---|---|
| BAH | -33.2% | |
| Market (SPY) | 73.6% | 15.4% |
| Sector (XLI) | 73.2% | 18.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BAH Return | -1% | 26% | 24% | 2% | -33% | -9% | -4% |
| Peers Return | 18% | 11% | 13% | 11% | 12% | 2% | 86% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| BAH Win Rate | 58% | 58% | 67% | 67% | 42% | 50% | |
| Peers Win Rate | 58% | 55% | 60% | 67% | 53% | 57% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| BAH Max Drawdown | -21% | -21% | -15% | -31% | -43% | -41% | |
| Peers Max Drawdown | -16% | -22% | -18% | -26% | -27% | -36% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: LDOS, CACI, SAIC, ACN, GD. See BAH Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/18/2026 (YTD)
How Low Can It Go
| Event | BAH | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -10.8% | -7.8% |
| % Gain to Breakeven | 12.1% | 8.5% |
| Time to Breakeven | 28 days | 18 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -19.6% | -24.5% |
| % Gain to Breakeven | 24.4% | 32.4% |
| Time to Breakeven | 30 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -25.0% | -33.7% |
| % Gain to Breakeven | 33.4% | 50.9% |
| Time to Breakeven | 25 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -11.9% | -19.2% |
| % Gain to Breakeven | 13.5% | 23.8% |
| Time to Breakeven | 39 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -28.6% | -17.9% |
| % Gain to Breakeven | 40.1% | 21.8% |
| Time to Breakeven | 300 days | 123 days |
In The Past
Booz Allen Hamilton's stock fell -10.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 12.1% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | BAH | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -25.0% | -33.7% |
| % Gain to Breakeven | 33.4% | 50.9% |
| Time to Breakeven | 25 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -28.6% | -17.9% |
| % Gain to Breakeven | 40.1% | 21.8% |
| Time to Breakeven | 300 days | 123 days |
In The Past
Booz Allen Hamilton's stock fell -10.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 12.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Booz Allen Hamilton (BAH)
Booz Allen Hamilton (BAH) is a long-standing management and technology consulting firm that provides a broad range of services to help organizations solve complex challenges. Their offerings span management and technology consulting, advanced analytics, digital transformation, engineering, mission operations, and comprehensive cyber solutions.
The company's core services include delivering transformational solutions in artificial intelligence, machine learning, and data science, alongside automation and decision analytics. They also specialize in designing, developing, and implementing digital solutions using modern architectures, providing engineering services for complex physical systems, and offering robust cyber risk management capabilities covering prevention and detection.
Booz Allen Hamilton primarily serves a diverse client base, including governments, corporations, and not-for-profit organizations, both within the United States and internationally. Their expertise is crucial for clients seeking to modernize operations, leverage cutting-edge technology, and enhance their strategic capabilities.
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Here are 1-3 brief analogies to describe Booz Allen Hamilton:
- Accenture for the government sector.
- A McKinsey & Company specializing in national security and advanced technology.
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Major Services of Booz Allen Hamilton (BAH)
- Management & Technology Consulting: Provides strategic advice and operational support across various business domains, human capital, and technology challenges.
- Analytics & Artificial Intelligence: Delivers transformational solutions leveraging AI, machine learning, data science, automation, and quantum computing for data-driven insights.
- Digital Solutions: Focuses on designing, developing, and implementing modern digital solutions built on contemporary methodologies and architectures.
- Engineering Services: Offers expertise in defining, developing, implementing, sustaining, and modernizing complex physical systems.
- Cyber Solutions: Provides comprehensive cyber risk management, including prevention, detection, and enhancing the cost-effectiveness of cybersecurity measures.
- Mission Operations: Supports critical client missions with operational expertise and execution.
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Booz Allen Hamilton's (BAH) major customer is the U.S. federal government. A substantial majority of the company's revenue is derived from contracts with various U.S. government agencies and departments.
Key components of their government client base include:
- The U.S. Department of Defense (DoD)
- Various agencies within the U.S. Intelligence Community
- A wide range of U.S. civil agencies (e.g., Department of Homeland Security, Department of Veterans Affairs, NASA)
While Booz Allen Hamilton also provides solutions to corporations and not-for-profit organizations, these represent a smaller portion of their overall revenue compared to their extensive government work. Due to client confidentiality, specific names of major corporate customers are generally not publicly disclosed by the company.
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Heavy Reliance on U.S. Government Contracts: Booz Allen Hamilton derives a substantial majority, approximately 98%, of its revenue from contracts with the U.S. government. This exposes the company to significant risks associated with changes in government spending, budget priorities, and overall budgetary constraints, including potential government shutdowns or debt ceiling issues. Policy shifts, such as initiatives to insource work previously performed by contractors, could also adversely impact revenue and growth prospects.
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Reputational and Operational Risks from Data Breaches and Non-Compliance: The company faces considerable risks related to its reputation and operations due to potential data breaches, cybersecurity incidents, and non-compliance with complex government laws and regulations. A recent example includes the U.S. Treasury Department's cancellation of all its contracts with Booz Allen Hamilton in January 2026, citing the firm's alleged failure to adequately protect sensitive taxpayer information following a former employee's leak of tax returns. Such incidents can lead to financial penalties, contract terminations, and damage to the company's crucial relationships with government clients.
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Intense Competition and Talent Acquisition/Retention Challenges: Booz Allen Hamilton operates in a highly competitive environment within the government and defense consulting sectors. It competes with other large contractors like Leidos, SAIC, and CACI International, as well as specialized firms. This competition is particularly acute in high-growth areas such as artificial intelligence and cybersecurity. A critical risk is the challenge of attracting and retaining highly skilled employees, especially those possessing the necessary security clearances and specialized technical expertise, which are essential for fulfilling government contracts.
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The rapid development and adoption of highly autonomous, specialized AI-driven platforms and services that automate complex analytical, strategic, and solution design tasks, potentially reducing the demand for traditional human-led consulting engagements in areas such as data science, cyber solutions, and digital transformation.
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Booz Allen Hamilton (symbol: BAH) operates within several significant addressable markets, primarily serving the U.S. government and public sector. The key addressable markets for their main products and services are detailed below:
- Cyber Solutions: The U.S. federal cybersecurity market is a substantial addressable market for Booz Allen Hamilton. It is projected to increase from $17.4 billion in fiscal year 2024 to $21.5 billion in fiscal year 2028. More broadly, the U.S. cyber defense market, which includes the government and defense sector, was valued at $65.1 billion in 2024 and is expected to grow to $150.6 billion by 2032. The government and defense sector constituted 30% of this market in 2024. Globally, spending on cybersecurity products and services is predicted to reach $454 billion annually in 2025.
- Management and Technology Consulting: The United States public sector consulting and advisory services market is estimated at $13.57 billion in 2025 and is anticipated to grow to $18.03 billion by 2030. North America holds approximately 45% of the global market share for public sector consulting and advisory services. For overall IT consulting in the U.S., the market size was $745.6 billion in 2024 and $759.6 billion in 2025.
- Analytics (Artificial Intelligence, Machine Learning, Data Science): The global AI in government and public services market was estimated at $22.41 billion in 2024 and is projected to reach $98.13 billion by 2033. North America dominated this market in 2024 with a 32.0% revenue share. Another estimate values the global AI in government and public services market at $25.08 billion in 2025, with a projection to reach $109.44 billion by 2035, and North America leading this market.
- Engineering Services: The United States engineering services market was valued at $387.42 billion in 2025 and is projected to grow to $533.33 billion by 2031. Globally, the engineering services market was valued at $2.34 trillion in 2025 and is projected to reach $5.37 trillion by 2034.
- Digital Solutions (Digital Transformation): The United States digital transformation market was valued at an estimated $0.66 trillion in 2025 and is expected to grow to $1.96 trillion by 2031. Another source indicates the U.S. digital transformation market is estimated at $0.55 trillion in 2024 and is expected to reach $1.38 trillion by 2029.
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Booz Allen Hamilton (BAH) is anticipated to drive future revenue growth over the next two to three years through several key areas:
- Growth in Advanced Technologies (Cybersecurity, Artificial Intelligence, Digital, and Engineering): Booz Allen Hamilton is strategically investing in and focusing on advanced technologies such as cybersecurity, artificial intelligence, and other digital and engineering solutions. These areas are consistently highlighted as key growth vectors for the company.
- Expansion within National Security and Defense Markets: The company's core business in national security and defense continues to be a robust driver. Booz Allen Hamilton has shown strong performance in these segments, and a proposed increase in the U.S. defense budget is expected to further bolster demand and accelerate growth in these critical markets.
- Focus on Federal Health Agencies: The company has identified federal health agencies as a significant opportunity for future growth, indicating a targeted expansion or increased penetration in this specific government sector.
- Strategic Acquisitions: Booz Allen Hamilton anticipates that strategic acquisitions will play a role in accelerating future profitability and overall revenue expansion. Acquisitions can broaden their capabilities, client base, and market reach.
- Shift to Outcome-Based Contracting and Product Sales: Booz Allen Hamilton is actively transitioning towards outcome-based contracting and increasing its product sales. This strategic evolution in its business model is aimed at strengthening near-term financial performance and expanding its leadership in the market.
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Capital Allocation Decisions for Booz Allen Hamilton (BAH)
Share Repurchases
- Booz Allen Hamilton repurchased $149 million of shares at an average price of $157.74 per share, accounting for 2.3% of outstanding shares since the start of the fiscal year.
- The company's Board of Directors authorized an additional $500 million for future share repurchases.
- Booz Allen is executing a long-running share repurchase program totaling $3.56 billion.
Share Issuance
- There is no information indicating share issuances; instead, the company's shares outstanding have seen a decline due to repurchases. For example, shares outstanding in 2025 were 0.128 billion, a 1.93% decline from 2024, and 0.121 billion for the quarter ending December 31, 2025, marking a 5.15% year-over-year decrease.
Inbound Investments
- Booz Allen Hamilton formed a new collaboration with Andreessen Horowitz (a16z) to become the first a16z Technology Acceleration Partner for Governments, aiming to strengthen technical supremacy in areas like artificial intelligence, autonomy, and electronic warfare.
Outbound Investments
- Booz Allen Hamilton is tripling its venture capital commitment for Booz Allen Ventures from $100 million to $300 million, with plans to make 20-25 new investments in early-stage technology companies over the next five years.
- The company entered into a definitive agreement to acquire Defy Security to expand its global commercial business and scale advanced cybersecurity solutions.
- In June 2024, Booz Allen Hamilton acquired PAR Government, a cloud-based software solutions provider for government and organizations.
Capital Expenditures
- Capital expenditures for fiscal year 2025 were approximately $98 million, with an expectation of around $100 million for fiscal year 2026.
- Annual capital expenditures have varied over the last few years, reaching $128 million in 2025, $89 million in 2024, $78 million in 2023, and $54 million in 2022.
- The focus of these capital expenditures aligns with the company's strategic emphasis on critical technology areas such as artificial intelligence, cyber, and quantum computing, as well as advancing national security and deep tech partnerships.
Peer Outperformance in Research & Consulting Services
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 34.4% | 131.4% | 215.6% | CDNL 3372% · STRL 2462% · FIX 2322% |
| Marine Transportation | 4 | 54.2% | 63.4% | 163.0% | MATX 224% · KEX 165% · SFL 161% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 14.4% | 56.3% | 127.2% | CAT 348% · ALSN 267% · WAB 255% |
| Aerospace & Defense | 54 | 13.2% | 77.2% | 95.6% | DFNS 2733% · ATI 1147% · FTAI 1018% |
| Passenger Ground Transportation | 3 | -13.3% | 52.1% | 59.3% | UBER 87% · CAR 59% · LYFT -64% |
| Industrial Machinery & Supplies & Components | 71 | 13.4% | 57.6% | 59.2% | CRS 1647% · PSIX 867% · GHM 841% |
| Cargo Ground Transportation | 16 | 46.9% | 13.3% | 52.4% | R 301% · XPO 297% · CVLG 225% |
| Diversified Support Services | 34 | 12.4% | 37.0% | 43.9% | LIME 4409% · TH 429% · WLFC 380% |
| Rail Transportation | 7 | 38.8% | 69.9% | 43.5% | FSTR 123% · CSX 60% · UNP 49% |
| Trading Companies & Distributors | 18 | 6.7% | 37.2% | 42.3% | DXPE 572% · AIT 330% · URI 250% |
| Electrical Components & Equipment | 40 | 24.1% | 42.2% | 35.9% | POWL 2534% · BE 969% · ELVA 956% |
| Building Products | 33 | -4.2% | 19.8% | 32.1% | GFF 444% · LMB 431% · PPIH 278% |
| Industrial Conglomerates | 17 | 25.8% | 28.8% | 11.6% | RCMT 812% · TTI 215% · CSW 163% |
| Office Services & Supplies | 10 | 18.1% | 30.7% | 7.1% | TILE 200% · PBI 168% · EBF 63% |
| Environmental & Facilities Services | 28 | -7.5% | 14.2% | 4.8% | CECO 972% · ADUR 642% · NVRI 300% |
| Research & Consulting Services ← | 13 | -9.4% | -20.9% | -5.0% | HURN 206% · CRAI 89% · GRNQ 87% |
| Agricultural & Farm Machinery | 17 | -6.1% | -17.7% | -16.7% | BLBD 201% · DE 75% · GENC 68% |
| Passenger Airlines | 11 | 10.9% | -3.7% | -21.4% | LTM 2330% · UAL 170% · SKYW 161% |
| Data Processing & Outsourced Services | 6 | -32.9% | -12.8% | -27.3% | EXLS 48% · BR 7% · MMS -27% |
| Human Resource & Employment Services | 21 | 13.5% | -21.7% | -31.5% | BBSI 87% · ADP 42% · KFY 39% |
| Air Freight & Logistics | 12 | -12.1% | -23.4% | -35.9% | CHRW 86% · FDX 69% · EXPD 61% |
| Security & Alarm Services | 10 | -31.9% | -19.0% | -47.1% | CIX 119% · MG 94% · BCO 52% |
| Airport Services | 3 | -69.5% | -68.1% | -56.0% | JOBY -10% · ASLE -56% · UP -100% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 158.20 |
| Mkt Cap | 16.3 |
| Rev LTM | 14,364 |
| Op Inc LTM | 1,568 |
| FCF LTM | 1,640 |
| FCF 3Y Avg | 1,222 |
| CFO LTM | 1,752 |
| CFO 3Y Avg | 1,344 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.1% |
| Rev Chg 3Y Avg | 5.5% |
| Rev Chg Q | 6.4% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Inc Chg LTM | 6.5% |
| Op Inc Chg 3Y Avg | 13.9% |
| Op Mgn LTM | 10.0% |
| Op Mgn 3Y Avg | 10.2% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 11.9% |
| CFO/Rev 3Y Avg | 9.0% |
| FCF/Rev LTM | 10.9% |
| FCF/Rev 3Y Avg | 7.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 16.3 |
| P/S | 1.2 |
| P/Op Inc | 9.4 |
| P/EBIT | 9.6 |
| P/E | 13.6 |
| P/CFO | 8.3 |
| Total Yield | 8.7% |
| Dividend Yield | 1.4% |
| FCF Yield 3Y Avg | 8.5% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 18.8% |
| 3M Rtn | 15.3% |
| 6M Rtn | 8.3% |
| 12M Rtn | -4.8% |
| 3Y Rtn | 33.7% |
| 1M Excs Rtn | 15.6% |
| 3M Excs Rtn | 11.4% |
| 6M Excs Rtn | -4.1% |
| 12M Excs Rtn | -24.1% |
| 3Y Excs Rtn | -42.0% |
Comparison Analyses
Price Behavior
| Market Price | $75.76 | |
| Market Cap ($ Bil) | 9.1 | |
| First Trading Date | 11/17/2010 | |
| Distance from 52W High | -29.6% | |
| 50 Days | 200 Days | |
| DMA Price | $68.77 | $78.21 |
| DMA Trend | down | down |
| Distance from DMA | 10.2% | -3.1% |
| 3M | 1YR | |
| Volatility | 44.7% | 41.1% |
| Downside Capture | 11.94 | 42.55 |
| Upside Capture | 8.99 | -5.15 |
| Correlation (SPY) | 4.5% | 4.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.03 | -0.15 | -0.14 | -0.08 | 0.08 | 0.34 |
| Up Beta | -3.31 | -1.74 | -1.12 | -0.57 | -0.52 | 0.10 |
| Down Beta | 2.55 | 0.87 | 1.12 | 0.28 | 0.44 | 0.36 |
| Up Capture | 115% | -45% | -46% | -19% | -8% | 11% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 10 | 15 | 28 | 59 | 119 | 378 |
| Down Capture | -108% | 30% | -14% | 29% | 51% | 85% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 12 | 28 | 35 | 67 | 133 | 374 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BAH | |
|---|---|---|---|---|
| BAH | -28.7% | 41.0% | -0.72 | - |
| Sector ETF (XLI) | 23.4% | 17.0% | 1.06 | 5.9% |
| Equity (SPY) | 20.4% | 12.8% | 1.17 | 4.7% |
| Gold (GLD) | 29.8% | 28.5% | 0.91 | -3.5% |
| Commodities (DBC) | 40.2% | 20.2% | 1.56 | 5.4% |
| Real Estate (VNQ) | 13.1% | 13.9% | 0.65 | 22.8% |
| Bitcoin (BTCUSD) | -45.4% | 42.7% | -1.30 | 11.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BAH | |
|---|---|---|---|---|
| BAH | 0.7% | 32.0% | 0.07 | - |
| Sector ETF (XLI) | 13.7% | 17.6% | 0.60 | 28.1% |
| Equity (SPY) | 13.1% | 17.2% | 0.59 | 23.4% |
| Gold (GLD) | 19.8% | 18.6% | 0.87 | 0.1% |
| Commodities (DBC) | 9.8% | 19.6% | 0.39 | 7.9% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.02 | 25.2% |
| Bitcoin (BTCUSD) | 7.1% | 52.6% | 0.32 | 12.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BAH | |
|---|---|---|---|---|
| BAH | 11.8% | 29.2% | 0.43 | - |
| Sector ETF (XLI) | 14.1% | 20.0% | 0.62 | 37.4% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 37.0% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | 2.2% |
| Commodities (DBC) | 7.8% | 18.1% | 0.35 | 10.3% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 33.8% |
| Bitcoin (BTCUSD) | 59.9% | 66.0% | 1.00 | 8.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/4/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/24/2026 | 10.1% | 3.7% | |
| 5/22/2026 | 3.1% | 3.7% | -15.7% |
| 1/23/2026 | 6.8% | -7.3% | -21.9% |
| 10/24/2025 | -8.9% | -17.4% | -18.9% |
| 7/25/2025 | -1.8% | -6.8% | -4.0% |
| 5/23/2025 | -16.5% | -17.7% | -22.0% |
| 1/31/2025 | 0.1% | 0.2% | -20.0% |
| 10/25/2024 | 9.2% | 9.1% | -10.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 14 | 13 |
| # Negative | 10 | 11 | 11 |
| Median Positive | 5.2% | 6.8% | 5.8% |
| Median Negative | -6.4% | -6.9% | -15.7% |
| Max Positive | 13.6% | 15.4% | 21.9% |
| Max Negative | -16.5% | -17.7% | -22.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/24/2026 | 10.1% | 3.7% | |
| 5/22/2026 | 3.1% | 3.7% | -15.7% |
| 1/23/2026 | 6.8% | -7.3% | -21.9% |
| 10/24/2025 | -8.9% | -17.4% | -18.9% |
| 7/25/2025 | -1.8% | -6.8% | -4.0% |
| 5/23/2025 | -16.5% | -17.7% | -22.0% |
| 1/31/2025 | 0.1% | 0.2% | -20.0% |
| 10/25/2024 | 9.2% | 9.1% | -10.1% |
| 7/26/2024 | -8.9% | -6.9% | 1.2% |
| 5/24/2024 | 4.0% | -0.1% | 3.6% |
| 1/26/2024 | 13.6% | 10.3% | 15.0% |
| 10/27/2023 | -3.3% | 1.1% | 5.8% |
| 7/28/2023 | 6.1% | 9.3% | 0.9% |
| 5/26/2023 | 7.1% | 15.4% | 21.9% |
| 1/27/2023 | -4.6% | -1.8% | -1.4% |
| 10/28/2022 | 4.9% | 4.9% | 4.1% |
| 7/29/2022 | 0.4% | -0.6% | 1.8% |
| 5/20/2022 | -2.5% | 6.9% | 4.8% |
| 1/28/2022 | -8.3% | -6.7% | -1.1% |
| 10/29/2021 | 7.8% | 8.5% | 7.3% |
| 7/30/2021 | -4.3% | -8.6% | -8.5% |
| 5/21/2021 | 1.9% | 4.1% | 8.0% |
| 1/29/2021 | -10.7% | -12.6% | -16.4% |
| 10/30/2020 | 4.2% | 14.6% | 15.7% |
| 7/31/2020 | 5.2% | 6.7% | 14.6% |
| SUMMARY STATS | |||
| # Positive | 15 | 14 | 13 |
| # Negative | 10 | 11 | 11 |
| Median Positive | 5.2% | 6.8% | 5.8% |
| Median Negative | -6.4% | -6.9% | -15.7% |
| Max Positive | 13.6% | 15.4% | 21.9% |
| Max Negative | -16.5% | -17.7% | -22.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/24/2026 | 10-Q |
| 03/31/2026 | 05/22/2026 | 10-K |
| 12/31/2025 | 01/23/2026 | 10-Q |
| 09/30/2025 | 10/24/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 05/23/2025 | 10-K |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 05/24/2024 | 10-K |
| 12/31/2023 | 01/26/2024 | 10-Q |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 05/26/2023 | 10-K |
| 12/31/2022 | 01/27/2023 | 10-Q |
| 09/30/2022 | 10/28/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/24/2026 | 10-Q |
| 03/31/2026 | 05/22/2026 | 10-K |
| 12/31/2025 | 01/23/2026 | 10-Q |
| 09/30/2025 | 10/24/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 05/23/2025 | 10-K |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 05/24/2024 | 10-K |
| 12/31/2023 | 01/26/2024 | 10-Q |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 05/26/2023 | 10-K |
| 12/31/2022 | 01/27/2023 | 10-Q |
| 09/30/2022 | 10/28/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 05/20/2022 | 10-K |
| 12/31/2021 | 01/28/2022 | 10-Q |
| 09/30/2021 | 10/29/2021 | 10-Q |
| 06/30/2021 | 07/30/2021 | 10-Q |
| 03/31/2021 | 05/21/2021 | 10-K |
| 12/31/2020 | 01/29/2021 | 10-Q |
| 09/30/2020 | 10/30/2020 | 10-Q |
| 06/30/2020 | 07/31/2020 | 10-Q |
| 03/31/2020 | 05/26/2020 | 10-K |
| 12/31/2019 | 01/31/2020 | 10-Q |
| 09/30/2019 | 11/01/2019 | 10-Q |
Recent Forward Guidance
Updated 7/27/2026Latest: Q1 2027 Earnings Reported 7/24/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Revenue | 11.20 Bil | 11.45 Bil | 11.70 Bil | 0 | Affirmed | Guidance: 11.45 Bil for 2027 | |
| 2027 Revenue Growth | 0.0% | 2.0% | 4.0% | 0 | Affirmed | Guidance: 2.0% for 2027 | |
| 2027 Adjusted EBITDA | 1.24 Bil | 1.26 Bil | 1.29 Bil | 0 | Affirmed | Guidance: 1.26 Bil for 2027 | |
| 2027 Adjusted EBITDA Margin on Revenue | 11.0% | 0 | Affirmed | Guidance: 11.0% for 2027 | |||
| 2027 Adjusted Diluted EPS | 6 | 6.17 | 6.35 | 0 | Affirmed | Guidance: 6.17 for 2027 | |
| 2027 Free Cash Flow | 825.00 Mil | 875.00 Mil | 925.00 Mil | 0 | Affirmed | Guidance: 875.00 Mil for 2027 | |
Prior: Q4 2026 Earnings Reported 5/22/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Revenue | 11.20 Bil | 11.45 Bil | 11.70 Bil | 0.9% | Higher New | Guidance: 11.35 Bil for 2026 | |
| 2027 Revenue Growth | 0.0% | 2.0% | 4.0% | 7.5% | Higher New | Guidance: -5.5% for 2026 | |
| 2027 Adjusted EBITDA | 1.24 Bil | 1.26 Bil | 1.29 Bil | 5.0% | Higher New | Guidance: 1.21 Bil for 2026 | |
| 2027 Adjusted EBITDA Margin on Revenue | 11.0% | ||||||
| 2027 Adjusted Diluted EPS | 6 | 6.17 | 6.35 | 2.1% | Higher New | Guidance: 6.05 for 2026 | |
| 2027 Free Cash Flow | 825.00 Mil | 875.00 Mil | 925.00 Mil | 1.4% | Higher New | Guidance: 862.50 Mil for 2026 | |
Q3 2026 Earnings Reported 1/23/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 11.30 Bil | 11.35 Bil | 11.40 Bil | -0.4% | Lowered | Guidance: 11.40 Bil for 2026 | |
| 2026 Revenue Growth | -6.0% | -5.5% | -5.0% | -0.5% | Lowered | Guidance: -5.0% for 2026 | |
| 2026 Adjusted EBITDA | 1.20 Bil | 1.21 Bil | 1.22 Bil | 0 | Affirmed | Guidance: 1.21 Bil for 2026 | |
| 2026 Adjusted Diluted EPS | 5.95 | 6.05 | 6.15 | 9.0% | Raised | Guidance: 5.55 for 2026 | |
| 2026 Free Cash Flow | 825.00 Mil | 862.50 Mil | 900.00 Mil | -4.2% | Lowered | Guidance: 900.00 Mil for 2026 | |
Q2 2026 Earnings Reported 10/24/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 11.30 Bil | 11.40 Bil | 11.50 Bil | -6.9% | Lowered | Guidance: 12.25 Bil for 2026 | |
| 2026 Revenue Growth | -6.0% | -5.0% | -4.0% | -7.0% | Lowered | Guidance: 2.0% for 2026 | |
| 2026 Adjusted EBITDA | 1.19 Bil | 1.21 Bil | 1.22 Bil | -10.2% | Lowered | Guidance: 1.34 Bil for 2026 | |
| 2026 Adjusted EBITDA Margin on Revenue | 10.0% | -1.0% | Lowered | Guidance: 11.0% for 2026 | |||
| 2026 Adjusted Diluted EPS | 5.45 | 5.55 | 5.65 | -12.9% | Lowered | Guidance: 6.38 for 2026 | |
| 2026 Free Cash Flow | 850.00 Mil | 900.00 Mil | 950.00 Mil | -5.3% | Lowered | Guidance: 950.00 Mil for 2026 | |
Investor Activity (13F)
Updated Aug 19, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Booz Allen Hamilton — Investor Video Playlist






Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Research & Consulting Services Resources |
| Consultancy.org |
| Gartner Research |
| Forrester Insights |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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