Booz Allen Hamilton Holding Corporation (BAH) Balance Sheet
BAH balance sheet, FY2026
March 31, 2026 · U.S. dollars$7.41B assets = $6.30B liabilities + $1.10B equity
Both columns are drawn to the same scale: what BAH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BAH financial health
Descriptive bands, not a rating. Fiscal FY2026.
BAH balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.37BFY2017 | $7.41BFY2026 | +9.1%/yr | |
| Total liabilities | $2.80BFY2017 | $6.30BFY2026 | +9.4%/yr | |
| Shareholders’ equity | $573.6MFY2017 | $1.10BFY2026 | +7.6%/yr | |
| Cash & short-term investments | $217.4MFY2017 | $728.0MFY2026 | +14.4%/yr | |
| Total debt | $1.66BFY2017 | $4.12BFY2026 | +10.6%/yr | |
| Net cash (debt) | −$1.45BFY2017 | −$3.39BFY2026 | −$1.9B | |
| Working capital | $193.1MFY2017 | $1.30BFY2026 | +$1.1B | |
| Book value per share | $3.79FY2017 | $8.97FY2026 | +10.0%/yr | |
| Current ratio | 1.18FY2017 | 1.78FY2026 | +0.61 | |
| Debt / equity | 2.90FY2017 | 3.73FY2026 | +0.83 | |
| Shares outstanding | 151.2MFY2017 | 123.2MFY2026 | −2.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BAH assets
BAH liabilities and equity
BAH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BAH balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $728.0M | $885.0M | $554.0M | $404.9M | $695.9M | $991.0M | $741.9M | $284.0M | $287.0M | $217.4M |
| Cash & equivalents | $728.0M | $885.0M | $554.0M | $404.9M | $695.9M | $991.0M | $741.9M | $284.0M | $287.0M | $217.4M |
| Short-term investments | — | — | $8.7M | $11.2M | $100.8M | — | — | $1.8M | $700,000 | $0 |
| Receivables | $2.15B | $2.27B | $2.05B | $1.77B | $1.62B | $1.41B | $1.46B | $1.33B | $1.13B | $991.8M |
| Inventory | $0 | $0 | −$8.7M | −$11.2M | $0 | $0 | $0 | −$1.8M | −$700,000 | $0 |
| Other current assets | $82.0M | $157.0M | $146.7M | $119.6M | $126.8M | $233.3M | $126.8M | $86.8M | $72.0M | $85.3M |
| Total current assets | $2.96B | $3.31B | $2.74B | $2.29B | $2.45B | $2.64B | $2.33B | $1.70B | $1.49B | $1.29B |
| Property, plant & equipment (net) | $318.0M | $355.0M | $362.0M | $383.0M | $429.5M | $444.0M | $448.2M | $172.5M | $152.4M | $139.2M |
| Goodwill & intangible assets | $2.91B | $2.97B | $2.94B | $3.02B | $2.67B | $1.89B | $1.88B | $1.87B | $1.86B | $1.84B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $614,000 | $7.2M | $0 |
| Other non-current assets | $1.22B | $676.0M | $518.0M | $855.6M | $481.8M | $531.1M | $135.4M | $91.2M | $95.4M | $96.4M |
| Total assets | $7.41B | $7.31B | $6.56B | $6.55B | $6.03B | $5.50B | $4.79B | $3.83B | $3.61B | $3.37B |
| Liabilities | ||||||||||
| Accounts payable | $594.0M | $693.0M | $653.0M | $597.8M | $539.5M | $371.7M | $433.0M | $417.6M | $340.0M | $268.6M |
| Short-term debt | $62.0M | $124.0M | $105.0M | $92.5M | $120.7M | $132.8M | $226.9M | $57.9M | $63.1M | $193.2M |
| Deferred revenue | $28.0M | $18.0M | $16.0M | $19.0M | $26.7M | $15.9M | $613.8M | $572.9M | $500.3M | $499.3M |
| Total current liabilities | $1.66B | $1.85B | $1.69B | $1.90B | $1.53B | $1.29B | $1.33B | $1.18B | $1.03B | $1.10B |
| Long-term debt | $3.92B | $3.92B | $3.35B | $2.77B | $2.73B | $2.28B | $2.01B | $1.70B | $1.76B | $1.47B |
| Lease obligations | $182.0M | $221.0M | $225.3M | $249.4M | $299.4M | $318.1M | $319.3M | — | — | — |
| Other long-term liabilities | $718.0M | $548.0M | $475.1M | $890.7M | $713.2M | $858.6M | $602.0M | $275.4M | $259.9M | $227.9M |
| Total liabilities | $6.30B | $6.31B | $5.52B | $5.56B | $4.98B | $4.43B | $3.94B | $3.16B | $3.04B | $2.80B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.0M | $2.0M | $2.0M | $1.7M | $1.6M | $1.6M | $1.6M | $1.6M | $1.6M | $1.6M |
| Retained earnings (deficit) | $3.64B | $3.07B | $2.40B | $2.05B | $2.02B | $1.76B | $1.33B | $994.8M | $690.5M | $478.1M |
| Treasury stock | — | — | — | — | −$1.64B | −$1.22B | −$898.1M | −$711.5M | −$461.5M | −$191.9M |
| Accumulated other comprehensive income | −$23.0M | −$29.0M | $10.0M | $29.3M | $8.6M | −$29.8M | −$46.0M | −$11.2M | −$15.1M | −$17.1M |
| Minority interest | — | $0 | $0 | $0 | $651,000 | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.10B | $1.00B | $1.05B | $992.0M | $1.05B | $1.07B | $856.4M | $675.4M | $562.5M | $573.6M |
| Key figures | ||||||||||
| Total debt | $4.12B | $4.22B | $3.64B | $3.06B | $3.10B | $2.67B | $2.51B | $1.76B | $1.82B | $1.66B |
| Net cash (debt) | −$3.39B | −$3.33B | −$3.08B | −$2.66B | −$2.40B | −$1.68B | −$1.76B | −$1.48B | −$1.53B | −$1.45B |
| Working capital | $1.30B | $1.47B | $1.05B | $391.0M | $911.7M | $1.35B | $1.00B | $520.1M | $463.2M | $193.1M |
| Tangible book value | −$1.80B | −$1.97B | −$1.90B | −$2.03B | −$1.62B | −$817.1M | −$1.03B | −$1.19B | −$1.30B | −$1.27B |
| Book value per share | $8.97 | $7.82 | $8.00 | $7.47 | $7.76 | $7.72 | $6.06 | $4.72 | $3.81 | $3.79 |
| Shares outstanding | 123.2M | 128.3M | 130.8M | 132.7M | 134.9M | 138.7M | 141.2M | 143.2M | 147.8M | 151.2M |
| Current ratio | 1.78 | 1.79 | 1.62 | 1.21 | 1.59 | 2.04 | 1.75 | 1.44 | 1.45 | 1.18 |
| Quick ratio | 1.73 | 1.71 | 1.54 | 1.15 | 1.51 | 1.86 | 1.66 | 1.37 | 1.38 | 1.10 |
| Debt / equity | 3.73 | 4.21 | 3.47 | 3.09 | 2.96 | 2.50 | 2.93 | 2.61 | 3.23 | 2.90 |
| Equity / assets | 14.9% | 13.7% | 16.0% | 15.1% | 17.4% | 19.5% | 17.9% | 17.6% | 15.6% | 17.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $540.0M | $728.0M | $882.0M | $816.0M | $711.0M | $885.0M | $453.5M | $558.7M | $297.7M | $554.0M | $601.8M | $557.3M |
| Cash & equivalents | $540.0M | $728.0M | $882.0M | $816.0M | $711.0M | $885.0M | $453.5M | $558.7M | $297.7M | $554.0M | $601.8M | $557.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $8.3M | $8.7M | $1.3M | $13.2M |
| Receivables | $2.32B | $2.15B | $2.05B | $2.22B | $2.29B | $2.27B | $2.22B | $2.23B | $2.28B | $2.05B | $1.97B | $2.01B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$8.7M | −$9.2M | −$13.2M |
| Other current assets | $180.0M | $82.0M | $147.0M | $188.0M | $138.0M | $157.0M | $169.1M | $132.9M | $121.4M | $146.7M | $116.2M | $146.6M |
| Total current assets | $3.04B | $2.96B | $3.08B | $3.22B | $3.13B | $3.31B | $2.85B | $2.92B | $2.70B | $2.74B | $2.68B | $2.70B |
| Property, plant & equipment (net) | $353.0M | $318.0M | $322.0M | $331.0M | $336.0M | $355.0M | $357.2M | $352.2M | $364.7M | $362.0M | $337.3M | $348.6M |
| Goodwill & intangible assets | $3.12B | $2.91B | $2.92B | $2.94B | $2.95B | $2.97B | $2.99B | $3.00B | $3.02B | $2.94B | $2.96B | $2.98B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.09B | $1.22B | $736.0M | $659.0M | $745.0M | $676.0M | $632.4M | $605.7M | $559.4M | $518.0M | $497.6M | $1.13B |
| Total assets | $7.61B | $7.41B | $7.05B | $7.15B | $7.17B | $7.31B | $6.82B | $6.88B | $6.64B | $6.56B | $6.47B | $7.16B |
| Liabilities | ||||||||||||
| Accounts payable | $677.0M | $594.0M | $686.0M | $686.0M | $635.0M | $693.0M | $640.5M | $677.4M | $661.9M | $653.0M | $564.9M | $603.2M |
| Short-term debt | $48.0M | $62.0M | $165.0M | $124.0M | $125.0M | $124.0M | $123.4M | $129.2M | $119.5M | $105.0M | $99.0M | $87.4M |
| Deferred revenue | $27.0M | $28.0M | $19.0M | $19.0M | $14.0M | $18.0M | $21.2M | $17.1M | $22.0M | $16.0M | $19.4M | $14.9M |
| Total current liabilities | $1.91B | $1.66B | $1.70B | $1.83B | $1.76B | $1.85B | $1.81B | $1.87B | $1.74B | $1.69B | $1.60B | $1.61B |
| Long-term debt | $3.92B | $3.92B | $3.86B | $3.88B | $3.90B | $3.92B | $3.29B | $3.31B | $3.33B | $3.35B | $3.37B | $3.39B |
| Lease obligations | $224.0M | $182.0M | $197.0M | $201.0M | $206.0M | $221.0M | $222.6M | $216.4M | $228.4M | $225.3M | $212.7M | $226.2M |
| Other long-term liabilities | $585.0M | $718.0M | $466.0M | $446.0M | $449.0M | $548.0M | $505.5M | $492.0M | $489.6M | $475.1M | $421.5M | $1.10B |
| Total liabilities | $6.41B | $6.30B | $6.03B | $6.16B | $6.11B | $6.31B | $5.61B | $5.68B | $5.56B | $5.52B | $5.39B | $6.09B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $1.7M | $1.7M | $1.7M | $2.0M | $1.7M | $1.7M |
| Retained earnings (deficit) | $3.77B | $3.64B | $3.51B | $3.38B | $3.27B | $3.07B | $2.95B | $2.83B | $2.50B | $2.40B | $2.34B | $2.26B |
| Accumulated other comprehensive income | −$22.0M | −$23.0M | −$31.0M | −$30.0M | −$30.0M | −$29.0M | $3.1M | −$276,000 | $7.4M | $10.0M | $25.5M | $31.9M |
| Total shareholders' equity | $1.20B | $1.10B | $1.02B | $996.0M | $1.06B | $1.00B | $1.21B | $1.20B | $1.08B | $1.05B | $1.09B | $1.07B |
| Key figures | ||||||||||||
| Total debt | $4.16B | $4.12B | $280.0M | $4.16B | $4.18B | $4.22B | $3.60B | $3.61B | $3.63B | $3.64B | $3.63B | $3.66B |
| Net cash (debt) | −$3.62B | −$3.39B | $602.0M | −$3.35B | −$3.47B | −$3.33B | −$3.14B | −$3.05B | −$3.33B | −$3.08B | −$3.03B | −$3.10B |
| Working capital | $1.13B | $1.30B | $1.37B | $1.39B | $1.38B | $1.47B | $1.03B | $1.04B | $963.7M | $1.05B | $1.08B | $1.09B |
| Tangible book value | −$1.92B | −$1.80B | −$1.89B | −$1.95B | −$1.89B | −$1.97B | −$1.78B | −$1.80B | −$1.93B | −$1.90B | −$1.88B | −$1.91B |
| Book value per share | $9.96 | $9.15 | $8.32 | $8.08 | $8.56 | $7.94 | $9.46 | $9.32 | $8.34 | $8.03 | $8.32 | $8.18 |
| Shares outstanding | 120.7M | 120.7M | 123.2M | 123.2M | 124.5M | 126.3M | 127.9M | 128.8M | 129.9M | 130.4M | 130.5M | 131.1M |
| Current ratio | 1.59 | 1.78 | 1.81 | 1.76 | 1.78 | 1.79 | 1.57 | 1.56 | 1.55 | 1.62 | 1.68 | 1.68 |
| Quick ratio | 1.50 | 1.73 | 1.72 | 1.65 | 1.70 | 1.71 | 1.48 | 1.48 | 1.48 | 1.54 | 1.61 | 1.60 |
| Debt / equity | 3.46 | 3.73 | 0.27 | 4.18 | 3.93 | 4.21 | 2.97 | 3.01 | 3.35 | 3.47 | 3.35 | 3.41 |
| Equity / assets | 15.8% | 14.9% | 14.5% | 13.9% | 14.9% | 13.7% | 17.7% | 17.5% | 16.3% | 16.0% | 16.8% | 15.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 22, 2026); data from EODHD.
BAH financial position
At the end of fiscal 2026 (March 31, 2026), Booz Allen Hamilton had total assets of $7.4 billion (up 1.3% from a year earlier), total liabilities of $6.3 billion and shareholders' equity of $1.1 billion. It held $728.0 million in cash and short-term investments against $4.1 billion of debt, net debt of $3.4 billion. Its current ratio was 1.78. In the latest quarter (ended June 30, 2026) total assets were $7.6 billion and equity $1.2 billion.
Related: BAH income statement, BAH cash flow statement, BAH key metrics. See the BAH stock overview for the latest quote and news.
BAH balance sheet FAQ
What are Booz Allen Hamilton's total assets?
Booz Allen Hamilton reported total assets of $7.4 billion at the end of fiscal 2026 (March 31, 2026), compared with $7.3 billion a year earlier.
How much debt does Booz Allen Hamilton have?
Booz Allen Hamilton had $4.1 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.73.
How much cash does Booz Allen Hamilton have?
Booz Allen Hamilton held $728.0 million in cash and short-term investments at the end of fiscal 2026; with $4.1 billion of debt that is net debt of $3.4 billion.
What is Booz Allen Hamilton's book value?
Booz Allen Hamilton's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2026, or $8.97 per share.
What is Booz Allen Hamilton's current ratio?
Booz Allen Hamilton had current assets of $3.0 billion and current liabilities of $1.7 billion, a current ratio of 1.78 (it can cover its short-term obligations).
How much goodwill does Booz Allen Hamilton have?
Booz Allen Hamilton carried $2.9 billion of goodwill and intangible assets, 39.3% of total assets, at the end of fiscal 2026.