BAH vs EFX: Booz Allen Hamilton Holding and Equifax compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Equifax is the larger company, worth $17.7B, about 2.0 times Booz Allen Hamilton Holding.
- Equifax grew revenue faster over the last year (+10.6% vs -4.2%).
- Equifax keeps more of each dollar of revenue as operating profit (17.9% vs 9.5%).
- On earnings, Booz Allen Hamilton Holding is the cheaper stock (11.1x vs 25.8x).
- Equifax's price assumes faster free cash flow growth: about 2% a year, against -5% for Booz Allen Hamilton Holding (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BAH | EFX |
|---|---|---|
| Market cap | $9.1B | $17.7B |
| Share price | $73.94 | $145.78 |
| Revenue (last fiscal year) | $11.2B | $6.1B |
| Free cash flow (last fiscal year) | $951M | $1.1B |
| Revenue growth, last year | -4.2% | +10.6% |
| Revenue growth per year, last 5 fiscal years | +7.6% | +5.4% |
| Operating margin | 9.5% | 17.9% |
| Net margin | 7.0% | 10.7% |
| Return on equity | 64.7% | 15.8% |
| P/E (trailing) | 11.1x | 25.8x |
| Price / free cash flow | 9.94x | 15.6x |
| EV / EBITDA | 12.1x | 12.7x |
| FCF growth the price implies | -4.8% | 1.7% |
| Dividend yield | 2.9% | 1.4% |
| Debt / equity | 5.33x | 1.70x |
| Fundamental grade | C | C |
| Superinvestors holding it | 7 | 9 |
| Insider purchases, last 12 months | 1 | 8 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Booz Allen Hamilton Holding
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $8.4B | $657M | 8.2% |
| 2023 | $9.3B | $527M | 4.8% |
| 2024 | $10.7B | $192M | 9.5% |
| 2025 | $12.0B | $911M | 11.4% |
| 2026 | $11.2B | $951M | 9.2% |
Equifax
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $4.9B | $866M | 23.1% |
| 2022 | $5.1B | $133M | 20.6% |
| 2023 | $5.3B | $516M | 17.7% |
| 2024 | $5.7B | $813M | 18.3% |
| 2025 | $6.1B | $1.1B | 18.0% |
Where the revenue comes from
Booz Allen Hamilton Holding
No segment breakdown reported.
Equifax · by segments, 2025
Total Workforce Solutions$2.6B43%
Total U.S. Information Solutions$2.1B34%
Total International$1.4B23%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open BAH in InvestinglyQuestions
Which is bigger, Booz Allen Hamilton Holding or Equifax?
Equifax (EFX), at $17.7B against $9.1B.
Is BAH or EFX cheaper?
By trailing P/E, Booz Allen Hamilton Holding (11.1x) is cheaper than Equifax (25.8x). A lower multiple can also mean the market expects less growth.
Which grows faster, BAH or EFX?
Equifax: revenue grew +10.6% over the last year, against -4.2%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.