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Side-by-side financial comparison of Booz Allen Hamilton Holding Corp (BAH) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.

Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.6B, roughly 1.8× Booz Allen Hamilton Holding Corp). Booz Allen Hamilton Holding Corp runs the higher net margin — 7.6% vs 0.2%, a 7.4% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs -10.2%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $248.0M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs -2.8%).

Booz Allen Hamilton Holding Corporation is the parent of Booz Allen Hamilton Inc., an American company specializing in digital transformation and artificial intelligence. The company is headquartered in McLean, Virginia, in the Washington metropolitan area, with 80 additional offices around the globe. Booz Allen's stated core business is to provide consulting, analysis, and engineering services to public- and private-sector organizations and nonprofits.

Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.

BAH vs FLUT — Head-to-Head

Bigger by revenue
FLUT
FLUT
1.8× larger
FLUT
$4.7B
$2.6B
BAH
Growing faster (revenue YoY)
FLUT
FLUT
+35.1% gap
FLUT
24.9%
-10.2%
BAH
Higher net margin
BAH
BAH
7.4% more per $
BAH
7.6%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$144.0M more FCF
FLUT
$392.0M
$248.0M
BAH
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
-2.8%
BAH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BAH
BAH
FLUT
FLUT
Revenue
$2.6B
$4.7B
Net Profit
$200.0M
$10.0M
Gross Margin
51.9%
44.5%
Operating Margin
8.8%
5.4%
Net Margin
7.6%
0.2%
Revenue YoY
-10.2%
24.9%
Net Profit YoY
7.0%
-93.6%
EPS (diluted)
$1.63
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAH
BAH
FLUT
FLUT
Q4 25
$2.6B
$4.7B
Q3 25
$2.9B
$3.8B
Q2 25
$2.9B
$4.2B
Q1 25
$3.0B
$3.7B
Q4 24
$2.9B
$3.8B
Q3 24
$3.1B
$3.2B
Q2 24
$2.9B
$3.6B
Q1 24
$2.8B
$3.4B
Net Profit
BAH
BAH
FLUT
FLUT
Q4 25
$200.0M
$10.0M
Q3 25
$175.0M
$-789.0M
Q2 25
$271.0M
$37.0M
Q1 25
$192.7M
$335.0M
Q4 24
$186.9M
$156.0M
Q3 24
$390.1M
$-114.0M
Q2 24
$165.2M
$297.0M
Q1 24
$128.0M
$-177.0M
Gross Margin
BAH
BAH
FLUT
FLUT
Q4 25
51.9%
44.5%
Q3 25
53.6%
42.9%
Q2 25
51.3%
46.8%
Q1 25
53.6%
46.6%
Q4 24
55.2%
48.2%
Q3 24
56.7%
46.1%
Q2 24
53.4%
49.2%
Q1 24
54.7%
47.2%
Operating Margin
BAH
BAH
FLUT
FLUT
Q4 25
8.8%
5.4%
Q3 25
9.8%
-22.0%
Q2 25
8.8%
9.3%
Q1 25
9.2%
6.1%
Q4 24
10.0%
7.4%
Q3 24
17.4%
3.0%
Q2 24
8.7%
10.2%
Q1 24
9.5%
3.7%
Net Margin
BAH
BAH
FLUT
FLUT
Q4 25
7.6%
0.2%
Q3 25
6.1%
-20.8%
Q2 25
9.3%
0.9%
Q1 25
6.5%
9.1%
Q4 24
6.4%
4.1%
Q3 24
12.4%
-3.5%
Q2 24
5.6%
8.2%
Q1 24
4.6%
-5.2%
EPS (diluted)
BAH
BAH
FLUT
FLUT
Q4 25
$1.63
$0.00
Q3 25
$1.42
$-3.91
Q2 25
$2.16
$0.59
Q1 25
$1.52
$1.57
Q4 24
$1.45
$0.47
Q3 24
$3.01
$-0.58
Q2 24
$1.27
$1.45
Q1 24
$0.97
$-1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAH
BAH
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$882.0M
$1.8B
Total DebtLower is stronger
$3.9B
$12.3B
Stockholders' EquityBook value
$1.0B
$9.0B
Total Assets
$7.1B
$29.3B
Debt / EquityLower = less leverage
3.84×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAH
BAH
FLUT
FLUT
Q4 25
$882.0M
$1.8B
Q3 25
$816.0M
$1.7B
Q2 25
$711.0M
$1.7B
Q1 25
$885.0M
$1.5B
Q4 24
$453.5M
$1.5B
Q3 24
$558.7M
$1.5B
Q2 24
$297.7M
$1.5B
Q1 24
$554.3M
$1.4B
Total Debt
BAH
BAH
FLUT
FLUT
Q4 25
$3.9B
$12.3B
Q3 25
$4.0B
$12.1B
Q2 25
$4.0B
$10.0B
Q1 25
$4.0B
$6.8B
Q4 24
$3.4B
$6.7B
Q3 24
$3.4B
$6.9B
Q2 24
$3.4B
$6.8B
Q1 24
$3.4B
$6.8B
Stockholders' Equity
BAH
BAH
FLUT
FLUT
Q4 25
$1.0B
$9.0B
Q3 25
$996.0M
$9.2B
Q2 25
$1.1B
$10.2B
Q1 25
$1.0B
$9.9B
Q4 24
$1.2B
$9.3B
Q3 24
$1.2B
$10.2B
Q2 24
$1.1B
$9.9B
Q1 24
$1.0B
$9.5B
Total Assets
BAH
BAH
FLUT
FLUT
Q4 25
$7.1B
$29.3B
Q3 25
$7.2B
$29.3B
Q2 25
$7.2B
$29.9B
Q1 25
$7.3B
$24.8B
Q4 24
$6.8B
$24.5B
Q3 24
$6.9B
$25.5B
Q2 24
$6.6B
$24.3B
Q1 24
$6.6B
$24.4B
Debt / Equity
BAH
BAH
FLUT
FLUT
Q4 25
3.84×
1.36×
Q3 25
3.98×
1.31×
Q2 25
3.74×
0.97×
Q1 25
3.99×
0.69×
Q4 24
2.79×
0.72×
Q3 24
2.83×
0.67×
Q2 24
3.14×
0.69×
Q1 24
3.26×
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAH
BAH
FLUT
FLUT
Operating Cash FlowLast quarter
$261.0M
$428.0M
Free Cash FlowOCF − Capex
$248.0M
$392.0M
FCF MarginFCF / Revenue
9.5%
8.3%
Capex IntensityCapex / Revenue
0.5%
0.8%
Cash ConversionOCF / Net Profit
1.30×
42.80×
TTM Free Cash FlowTrailing 4 quarters
$933.4M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAH
BAH
FLUT
FLUT
Q4 25
$261.0M
$428.0M
Q3 25
$421.0M
$209.0M
Q2 25
$119.0M
$359.0M
Q1 25
$219.0M
$188.0M
Q4 24
$150.8M
$652.0M
Q3 24
$587.1M
$290.0M
Q2 24
$52.1M
$323.0M
Q1 24
$143.8M
$337.0M
Free Cash Flow
BAH
BAH
FLUT
FLUT
Q4 25
$248.0M
$392.0M
Q3 25
$395.0M
$196.0M
Q2 25
$96.0M
$322.0M
Q1 25
$194.4M
$169.0M
Q4 24
$133.6M
$595.0M
Q3 24
$563.3M
$253.0M
Q2 24
$19.7M
$295.0M
Q1 24
$127.6M
$315.0M
FCF Margin
BAH
BAH
FLUT
FLUT
Q4 25
9.5%
8.3%
Q3 25
13.7%
5.2%
Q2 25
3.3%
7.7%
Q1 25
6.5%
4.6%
Q4 24
4.6%
15.7%
Q3 24
17.9%
7.8%
Q2 24
0.7%
8.2%
Q1 24
4.6%
9.3%
Capex Intensity
BAH
BAH
FLUT
FLUT
Q4 25
0.5%
0.8%
Q3 25
0.9%
0.3%
Q2 25
0.8%
0.9%
Q1 25
0.8%
0.5%
Q4 24
0.6%
1.5%
Q3 24
0.8%
1.1%
Q2 24
1.1%
0.8%
Q1 24
0.6%
0.6%
Cash Conversion
BAH
BAH
FLUT
FLUT
Q4 25
1.30×
42.80×
Q3 25
2.41×
Q2 25
0.44×
9.70×
Q1 25
1.14×
0.56×
Q4 24
0.81×
4.18×
Q3 24
1.50×
Q2 24
0.32×
1.09×
Q1 24
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAH
BAH

Defense Clients$1.5B55%
Civil Clients$732.0M28%
Intelligence Clients$434.0M17%

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

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