BAH vs ICLR
Booz Allen Hamilton Holding Corp. and Icon PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BAH | ICLR |
|---|---|---|
| Revenue | $11.2B | $8.3B |
| Net income | $851.0M | $229.3M |
| Gross margin | 52.7% | 26.4% |
| Net margin | 7.6% | 2.8% |
| Return on equity | 80.7% | 2.5% |
| Diluted EPS | $6.90 | $2.90 |
| Dividend / share | $2.24 | · |
| Payout ratio | 32.4% | · |
| Free cash flow | $951.0M | $862.0M |
| Equity | $1.1B | $9.2B |
| Net debt / equity | 2.91× | 0.24× |
| Current ratio | 1.78× | 1.10× |
| Revenue CAGR 5y | 7.4% | 24.2% |
| Profit CAGR 5y | 6.9% | −7.2% |
BAH bills 1.4× the revenue of ICLR, and keeps more of each dollar of revenue as profit (7.6% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BAH | ICLR |
|---|---|---|
| FY2025 | $11.2B | $8.3B |
| FY2024 | $12.0B | $8.2B |
| FY2023 | $10.7B | $8.1B |
| FY2022 | $9.3B | $7.7B |
| FY2021 | $8.4B | $5.5B |
| FY2020 | $7.9B | $2.8B |
| FY2019 | $7.5B | $2.8B |
| FY2018 | $6.7B | $2.6B |
| FY2017 | $6.2B | $1.8B |
| FY2016 | $5.8B | $1.7B |
Bottom line
| Fiscal year | BAH | ICLR |
|---|---|---|
| FY2025 | $851.0M | $229.3M |
| FY2024 | $935.0M | $739.1M |
| FY2023 | $606.0M | $554.2M |
| FY2022 | $272.0M | $505.3M |
| FY2021 | $466.7M | $153.2M |
| FY2020 | $609.0M | $332.3M |
| FY2019 | $482.6M | $374.0M |
| FY2018 | $418.5M | $322.7M |
| FY2017 | $301.7M | $281.5M |
| FY2016 | $260.8M | $262.2M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,965,660,000 | BAH |
| FY2024 | +$3,791,010,000 | BAH |
| FY2023 | +$2,607,074,000 | BAH |
| FY2022 | +$1,517,614,000 | BAH |
| FY2021 | +$2,882,874,000 | BAH |
| FY2020 | +$5,061,650,000 | BAH |
| FY2019 | +$4,658,002,000 | BAH |
| FY2018 | +$4,108,260,000 | BAH |
| FY2017 | +$4,409,161,000 | BAH |
| FY2016 | +$4,143,004,000 | BAH |
| FY2015 | +$3,830,760,000 | BAH |
| FY2014 | +$3,771,454,000 | BAH |
| FY2013 | +$4,142,635,000 | BAH |
| FY2012 | +$4,643,053,000 | BAH |
| FY2011 | +$4,913,489,000 | BAH |
| FY2010 | +$4,691,252,000 | BAH |
| FY2009 | +$4,235,021,000 | BAH |
BAH has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +4.8 pp | BAH |
| FY2024 | −1.2 pp | ICLR |
| FY2023 | −1.2 pp | ICLR |
| FY2022 | −3.6 pp | ICLR |
| FY2021 | +2.8 pp | BAH |
| FY2020 | −4.2 pp | ICLR |
| FY2019 | −6.9 pp | ICLR |
| FY2018 | −6.2 pp | ICLR |
| FY2017 | −11.1 pp | ICLR |
| FY2016 | −11.2 pp | ICLR |
| FY2015 | −9.8 pp | ICLR |
| FY2014 | −7.1 pp | ICLR |
| FY2013 | −3.5 pp | ICLR |
| FY2012 | −1.2 pp | ICLR |
| FY2011 | +1.7 pp | BAH |
| FY2010 | −8.2 pp | ICLR |
| FY2009 | −10.1 pp | ICLR |
The higher net margin has changed hands between BAH and ICLR over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ICLR's net margin has been more volatile than BAH's over the 17 comparable fiscal years — 4.4 percentage points of standard deviation against 2.0.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BAH and ICLR over these 17 fiscal years — BAH led in 3 and ICLR in 14.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BAH's return on equity has been more volatile than ICLR's over the 17 comparable fiscal years — 34.4 percentage points of standard deviation against 9.4.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BAH and ICLR over these 17 fiscal years — BAH led in 15 and ICLR in 2.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.