GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Booz Allen Hamilton Holding Corp (NYSE:BAH) » Definitions » Return-on-Tangible-Asset

Booz Allen Hamilton Holding (Booz Allen Hamilton Holding) Return-on-Tangible-Asset : 15.15% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Booz Allen Hamilton Holding Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Booz Allen Hamilton Holding's annualized Net Income for the quarter that ended in Dec. 2023 was $583 Mil. Booz Allen Hamilton Holding's average total tangible assets for the quarter that ended in Dec. 2023 was $3,846 Mil. Therefore, Booz Allen Hamilton Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 15.15%.

The historical rank and industry rank for Booz Allen Hamilton Holding's Return-on-Tangible-Asset or its related term are showing as below:

BAH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.9   Med: 18.03   Max: 22.56
Current: 11.2

During the past 13 years, Booz Allen Hamilton Holding's highest Return-on-Tangible-Asset was 22.56%. The lowest was 7.90%. And the median was 18.03%.

BAH's Return-on-Tangible-Asset is ranked better than
80.89% of 1083 companies
in the Business Services industry
Industry Median: 4.2 vs BAH: 11.20

Booz Allen Hamilton Holding Return-on-Tangible-Asset Historical Data

The historical data trend for Booz Allen Hamilton Holding's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Booz Allen Hamilton Holding Return-on-Tangible-Asset Chart

Booz Allen Hamilton Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.56 19.80 18.67 13.40 7.90

Booz Allen Hamilton Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.61 -8.03 17.71 17.19 15.15

Competitive Comparison of Booz Allen Hamilton Holding's Return-on-Tangible-Asset

For the Consulting Services subindustry, Booz Allen Hamilton Holding's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Booz Allen Hamilton Holding's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Booz Allen Hamilton Holding's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Booz Allen Hamilton Holding's Return-on-Tangible-Asset falls into.



Booz Allen Hamilton Holding Return-on-Tangible-Asset Calculation

Booz Allen Hamilton Holding's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=271.791/( (3356.962+3526.638)/ 2 )
=271.791/3441.8
=7.90 %

Booz Allen Hamilton Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=582.576/( (4181.033+3511.785)/ 2 )
=582.576/3846.409
=15.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data.


Booz Allen Hamilton Holding  (NYSE:BAH) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Booz Allen Hamilton Holding Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Booz Allen Hamilton Holding's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Booz Allen Hamilton Holding (Booz Allen Hamilton Holding) Business Description

Traded in Other Exchanges
Address
8283 Greensboro Drive, Hamilton Building, McLean, VA, USA, 22102
Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.
Executives
Kristine Anderson officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Melody C Barnes director 1631 MONUMENT AVENUE, RICHMOND VA 23220
Ralph W Shrader director, officer: President and CEO, other: Member of 13D Group 8283 GREENSBORO, MCLEAN VA 22102
Horacio Rozanski officer: Executive Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Nancy Laben officer: EVP and General Counsel, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Susan L Penfield officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Elizabeth M Thompson officer: SVP & Chief Personnel Officer, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Rory P Read director ONE DELL WAY, ROUND ROCK TX 78682
Richard Crowe officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Matthew Calderone officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Lloyd Jr Howell officer: Executive Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Thomas Pfeifer officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Karen M Dahut officer: Senior Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Scott M Murphy officer: VP, PAO & Controller 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604