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Side-by-side financial comparison of Booz Allen Hamilton Holding Corp (BAH) and International Flavors & Fragrances (IFF). Click either name above to swap in a different company.

Booz Allen Hamilton Holding Corp is the larger business by last-quarter revenue ($2.6B vs $2.6B, roughly 1.0× International Flavors & Fragrances). 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, International Flavors & Fragrances posted the faster year-over-year revenue change (-6.6% vs -10.2%). Booz Allen Hamilton Holding Corp produced more free cash flow last quarter ($248.0M vs $130.0M). Over the past eight quarters, Booz Allen Hamilton Holding Corp's revenue compounded faster (-2.8% CAGR vs -5.5%).

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.

International Flavors & Fragrances Inc. (IFF) is an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 countries. The company is a member of the S&P 500 index.

BAH vs IFF — Head-to-Head

Bigger by revenue
BAH
BAH
1.0× larger
BAH
$2.6B
$2.6B
IFF
Growing faster (revenue YoY)
IFF
IFF
+3.6% gap
IFF
-6.6%
-10.2%
BAH
Higher net margin
BAH
BAH
7.4% more per $
BAH
7.6%
0.2%
IFF
More free cash flow
BAH
BAH
$118.0M more FCF
BAH
$248.0M
$130.0M
IFF
Faster 2-yr revenue CAGR
BAH
BAH
Annualised
BAH
-2.8%
-5.5%
IFF

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BAH
BAH
IFF
IFF
Revenue
$2.6B
$2.6B
Net Profit
$200.0M
$5.0M
Gross Margin
51.9%
34.4%
Operating Margin
8.8%
3.7%
Net Margin
7.6%
0.2%
Revenue YoY
-10.2%
-6.6%
Net Profit YoY
7.0%
110.9%
EPS (diluted)
$1.63
$0.03

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
IFF
IFF
Q4 25
$2.6B
$2.6B
Q3 25
$2.9B
$2.7B
Q2 25
$2.9B
$2.8B
Q1 25
$3.0B
$2.8B
Q4 24
$2.9B
$2.8B
Q3 24
$3.1B
$2.9B
Q2 24
$2.9B
$2.9B
Q1 24
$2.8B
$2.9B
Net Profit
BAH
BAH
IFF
IFF
Q4 25
$200.0M
$5.0M
Q3 25
$175.0M
$40.0M
Q2 25
$271.0M
$612.0M
Q1 25
$192.7M
$-1.0B
Q4 24
$186.9M
$-46.0M
Q3 24
$390.1M
$59.0M
Q2 24
$165.2M
$170.0M
Q1 24
$128.0M
$60.0M
Gross Margin
BAH
BAH
IFF
IFF
Q4 25
51.9%
34.4%
Q3 25
53.6%
36.5%
Q2 25
51.3%
37.3%
Q1 25
53.6%
36.4%
Q4 24
55.2%
35.4%
Q3 24
56.7%
36.0%
Q2 24
53.4%
37.0%
Q1 24
54.7%
35.3%
Operating Margin
BAH
BAH
IFF
IFF
Q4 25
8.8%
3.7%
Q3 25
9.8%
8.4%
Q2 25
8.8%
7.2%
Q1 25
9.2%
-31.8%
Q4 24
10.0%
4.6%
Q3 24
17.4%
8.5%
Q2 24
8.7%
6.6%
Q1 24
9.5%
6.9%
Net Margin
BAH
BAH
IFF
IFF
Q4 25
7.6%
0.2%
Q3 25
6.1%
1.5%
Q2 25
9.3%
22.1%
Q1 25
6.5%
-35.8%
Q4 24
6.4%
-1.7%
Q3 24
12.4%
2.0%
Q2 24
5.6%
5.9%
Q1 24
4.6%
2.1%
EPS (diluted)
BAH
BAH
IFF
IFF
Q4 25
$1.63
$0.03
Q3 25
$1.42
$0.16
Q2 25
$2.16
$2.38
Q1 25
$1.52
$-3.98
Q4 24
$1.45
$-0.17
Q3 24
$3.01
$0.23
Q2 24
$1.27
$0.66
Q1 24
$0.97
$0.23

Balance Sheet & Financial Strength

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

Metric
BAH
BAH
IFF
IFF
Cash + ST InvestmentsLiquidity on hand
$882.0M
$590.0M
Total DebtLower is stronger
$3.9B
$5.6B
Stockholders' EquityBook value
$1.0B
$14.2B
Total Assets
$7.1B
$25.5B
Debt / EquityLower = less leverage
3.84×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAH
BAH
IFF
IFF
Q4 25
$882.0M
$590.0M
Q3 25
$816.0M
$621.0M
Q2 25
$711.0M
$816.0M
Q1 25
$885.0M
$613.0M
Q4 24
$453.5M
$469.0M
Q3 24
$558.7M
$567.0M
Q2 24
$297.7M
$671.0M
Q1 24
$554.3M
$732.0M
Total Debt
BAH
BAH
IFF
IFF
Q4 25
$3.9B
$5.6B
Q3 25
$4.0B
Q2 25
$4.0B
Q1 25
$4.0B
Q4 24
$3.4B
$8.9B
Q3 24
$3.4B
Q2 24
$3.4B
Q1 24
$3.4B
Stockholders' Equity
BAH
BAH
IFF
IFF
Q4 25
$1.0B
$14.2B
Q3 25
$996.0M
$14.2B
Q2 25
$1.1B
$14.4B
Q1 25
$1.0B
$13.2B
Q4 24
$1.2B
$13.9B
Q3 24
$1.2B
$14.8B
Q2 24
$1.1B
$14.3B
Q1 24
$1.0B
$14.3B
Total Assets
BAH
BAH
IFF
IFF
Q4 25
$7.1B
$25.5B
Q3 25
$7.2B
$25.8B
Q2 25
$7.2B
$26.1B
Q1 25
$7.3B
$28.3B
Q4 24
$6.8B
$28.7B
Q3 24
$6.9B
$29.9B
Q2 24
$6.6B
$29.5B
Q1 24
$6.6B
$30.6B
Debt / Equity
BAH
BAH
IFF
IFF
Q4 25
3.84×
0.40×
Q3 25
3.98×
Q2 25
3.74×
Q1 25
3.99×
Q4 24
2.79×
0.64×
Q3 24
2.83×
Q2 24
3.14×
Q1 24
3.26×

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
IFF
IFF
Operating Cash FlowLast quarter
$261.0M
$318.0M
Free Cash FlowOCF − Capex
$248.0M
$130.0M
FCF MarginFCF / Revenue
9.5%
5.0%
Capex IntensityCapex / Revenue
0.5%
7.3%
Cash ConversionOCF / Net Profit
1.30×
63.60×
TTM Free Cash FlowTrailing 4 quarters
$933.4M
$256.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAH
BAH
IFF
IFF
Q4 25
$261.0M
$318.0M
Q3 25
$421.0M
$164.0M
Q2 25
$119.0M
$241.0M
Q1 25
$219.0M
$127.0M
Q4 24
$150.8M
$368.0M
Q3 24
$587.1M
$366.0M
Q2 24
$52.1M
$237.0M
Q1 24
$143.8M
$99.0M
Free Cash Flow
BAH
BAH
IFF
IFF
Q4 25
$248.0M
$130.0M
Q3 25
$395.0M
$32.0M
Q2 25
$96.0M
$146.0M
Q1 25
$194.4M
$-52.0M
Q4 24
$133.6M
$208.0M
Q3 24
$563.3M
$263.0M
Q2 24
$19.7M
$155.0M
Q1 24
$127.6M
$-19.0M
FCF Margin
BAH
BAH
IFF
IFF
Q4 25
9.5%
5.0%
Q3 25
13.7%
1.2%
Q2 25
3.3%
5.3%
Q1 25
6.5%
-1.8%
Q4 24
4.6%
7.5%
Q3 24
17.9%
9.0%
Q2 24
0.7%
5.4%
Q1 24
4.6%
-0.7%
Capex Intensity
BAH
BAH
IFF
IFF
Q4 25
0.5%
7.3%
Q3 25
0.9%
4.9%
Q2 25
0.8%
3.4%
Q1 25
0.8%
6.3%
Q4 24
0.6%
5.8%
Q3 24
0.8%
3.5%
Q2 24
1.1%
2.8%
Q1 24
0.6%
4.1%
Cash Conversion
BAH
BAH
IFF
IFF
Q4 25
1.30×
63.60×
Q3 25
2.41×
4.10×
Q2 25
0.44×
0.39×
Q1 25
1.14×
Q4 24
0.81×
Q3 24
1.50×
6.20×
Q2 24
0.32×
1.39×
Q1 24
1.12×
1.65×

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%

IFF
IFF

Food Ingredients$802.0M31%
Scent$610.0M24%
Other$589.0M23%
Taste$588.0M23%

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