Booz Allen Reports 5.3% Revenue Growth for FY 2021; Horacio Rozanski Quoted

Booz Allen Hamilton (NYSE: BAH) reported $7.9 billion in total revenue for its 2021 fiscal year ended March 31, up 5.3 percent from the previous year.

The McLean, Virginia-based management and information technology consulting firm posted $24 billion in total backlog at the end of fiscal 2021, a nearly 16 percent jump from 2020.

Revenue for the fourth quarter held flat at $1.98 billion, while net income for the full year grew 26.2 percent to $609 million.

The company also reported a quarterly dividend of $0.37 per share, annual diluted earnings per share of $4.37 and adjusted diluted EPS of $3.90.

Horacio Rozanski, president and CEO of Booz Allen and two-time Wash100 awardee, told analysts in an earnings call Friday the company exceeded financial objectives upon the completion of its three-year investment thesis.

He noted that Booz Allen’s deal to acquire Liberty IT Solutions for approximately $725 million “is directly on strategy.”

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