Booz Allen Hamilton Holding Corp.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $851.0M | $935.0M | $606.0M | $272.0M | $466.7M | $609.0M | $482.6M | $418.5M |
| Depreciation & Amortization | $163.0M | $165.0M | $164.0M | $165.0M | $145.7M | $84.3M | $81.1M | $68.6M |
| Depreciation | $38.0M | $41.0M | $41.0M | $43.0M | $69.5M | $65.0M | $58.8M | $47.8M |
| Amortization | $95.0M | $95.0M | $93.0M | $94.0M | $76.2M | $19.3M | $22.3M | $20.9M |
| Stock-Based Compensation | $69.0M | $94.0M | $95.0M | $80.0M | $69.8M | $59.8M | $43.3M | $31.3M |
| Net Cash from Operating Activities | $1.04B | $1.01B | $259.0M | $603.0M | $736.5M | $718.7M | $551.4M | $499.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $90.0M | $98.0M | $67.0M | $76.0M | $80.0M | $87.2M | $128.1M | $94.7M |
| Business Acquisitions | — | $97.0M | $0 | $440.0M | $780.3M | $0 | $0 | — |
| Net Cash from Investing Activities | $-300.0M | $-218.0M | $-91.0M | $-468.0M | $-867.7M | $-158.3M | $-128.1M | $-89.2M |
| Financing Activities | ||||||||
| Dividends Paid | $276.0M | $268.0M | $254.0M | $236.0M | $209.1M | $181.1M | $146.6M | $114.2M |
| Stock Repurchases | $598.0M | $812.0M | $404.0M | $224.0M | $418.9M | $313.4M | $182.2M | $252.8M |
| Net Cash from Financing Activities | $-898.0M | $-460.0M | $-19.0M | $-426.0M | $-163.8M | $-311.3M | $34.6M | $-413.4M |
| Net Change in Cash | $-157.0M | $331.0M | $149.0M | $-291.0M | $-295.0M | $249.1M | $457.9M | $-3.0M |
| Free Cash Flow | $951.0M | $911.0M | $192.0M | $527.0M | $656.6M | $631.5M | $423.3M | $404.9M |