BAH vs PAYX
Booz Allen Hamilton Holding Corp. and Paychex Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BAH | PAYX |
|---|---|---|
| Revenue | $11.2B | $6.5B |
| Net income | $851.0M | $1.8B |
| Gross margin | 52.7% | 74.3% |
| Net margin | 7.6% | 27.0% |
| Return on equity | 80.7% | 44.8% |
| Diluted EPS | $6.90 | $4.89 |
| Dividend / share | $2.24 | $4.43 |
| Payout ratio | 32.4% | 90.3% |
| Free cash flow | $951.0M | $2.3B |
| Equity | $1.1B | $3.7B |
| Net debt / equity | 2.91× | 0.93× |
| Current ratio | 1.78× | 1.26× |
| Revenue CAGR 5y | 7.4% | 9.9% |
| Profit CAGR 5y | 6.9% | · |
BAH bills 1.7× the revenue of PAYX, and PAYX keeps more of each dollar of revenue as profit (27.0% against 7.6%).
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 | PAYX |
|---|---|---|
| FY2025 | $11.2B | $6.5B |
| FY2024 | $12.0B | $5.6B |
| FY2023 | $10.7B | $5.3B |
| FY2022 | $9.3B | $5.0B |
| FY2021 | $8.4B | $4.6B |
| FY2020 | $7.9B | $4.1B |
| FY2019 | $7.5B | $4.0B |
| FY2018 | $6.7B | $3.8B |
| FY2017 | $6.2B | $3.4B |
| FY2016 | $5.8B | $3.2B |
Bottom line
| Fiscal year | BAH | PAYX |
|---|---|---|
| FY2025 | $851.0M | $1.8B |
| FY2024 | $935.0M | $1.7B |
| FY2023 | $606.0M | $1.7B |
| FY2022 | $272.0M | $1.6B |
| FY2021 | $466.7M | $1.4B |
| FY2020 | $609.0M | $1.1B |
| FY2019 | $482.6M | $1.1B |
| FY2018 | $418.5M | $1.0B |
| FY2017 | $301.7M | $994.1M |
| FY2016 | $260.8M | $826.3M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,705,000,000 | BAH |
| FY2024 | +$6,408,300,000 | BAH |
| FY2023 | +$5,383,700,000 | BAH |
| FY2022 | +$4,251,900,000 | BAH |
| FY2021 | +$3,752,000,000 | BAH |
| FY2020 | +$3,802,138,000 | BAH |
| FY2019 | +$3,423,341,000 | BAH |
| FY2018 | +$2,931,537,000 | BAH |
| FY2017 | +$2,789,900,000 | BAH |
| FY2016 | +$2,656,491,000 | BAH |
| FY2015 | +$2,453,838,000 | BAH |
| FY2014 | +$2,535,170,000 | BAH |
| FY2013 | +$2,959,793,000 | BAH |
| FY2012 | +$3,431,859,000 | BAH |
| FY2011 | +$3,629,418,000 | BAH |
| FY2010 | +$3,506,996,000 | BAH |
| FY2009 | +$3,121,833,000 | BAH |
BAH has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −19.4 pp | PAYX |
| FY2024 | −21.9 pp | PAYX |
| FY2023 | −26.3 pp | PAYX |
| FY2022 | −28.2 pp | PAYX |
| FY2021 | −24.6 pp | PAYX |
| FY2014 | −20.2 pp | PAYX |
| FY2013 | −20.7 pp | PAYX |
| FY2012 | −20.7 pp | PAYX |
| FY2011 | −20.5 pp | PAYX |
| FY2010 | −23.2 pp | PAYX |
| FY2009 | −23.3 pp | PAYX |
PAYX has kept the higher net margin in every one of these 11 fiscal years.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PAYX's net margin has been more volatile than BAH's over the 11 comparable fiscal years — 3.0 percentage points of standard deviation against 2.2.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PAYX led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 19 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 PAYX's over the 17 comparable fiscal years — 34.4 percentage points of standard deviation against 4.3.
17 of 19 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 PAYX over these 17 fiscal years — BAH led in 11 and PAYX in 6.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.