Parsons Key Executives

This section highlights Parsons's key executives, including their titles and compensation details.

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Parsons Earnings

This section highlights Parsons's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 30, 2025
Time: Before Market
Est. EPS: $0.75
Status: Unconfirmed

Last Earnings Results

Date: February 19, 2025
EPS: $0.78
Est. EPS: $0.92
Revenue: $1.73B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-19 $0.92 $0.78
Read Transcript Q3 2024 2024-10-30 $0.79 $0.95
Read Transcript Q2 2024 2024-07-31 $0.69 $0.84
Read Transcript Q1 2024 2024-05-01 $0.62 $0.70
Read Transcript Q4 2023 2024-02-14 $0.63 $0.69
Read Transcript Q3 2023 2023-11-01 $0.60 $0.69
Read Transcript Q2 2023 2023-08-02 $0.49 $0.63
Read Transcript Q1 2023 2023-05-03 $0.43 $0.43

Parsons Corporation (PSN)

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small satellite launch and integration, satellite ground systems, fight dynamics, and command, and control solutions to the National Geospatial-Intelligence Agency, National Reconnaissance Office, and multiple units within the U.S. Department of Defense. It also provides missile defense and C5ISR solutions, such as integrated air and missile defense, data fusion and analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems to Defense Intelligence Agency and the U.S. Department of Defense; technology services for energy production systems, aviation, healthcare and bio-surveillance systems, and environmental systems and associated infrastructure, as well as nuclear waste processing and treatment, weapons of mass destruction elimination, program and project management, infectious disease control analytics, and data protection solutions. In addition, the company offers intelligent transportation system management, aviation, rail and transit systems, smart cities software, and critical infrastructure cyber protection to the transportation authorities, rail, and transit entities; engineering services for infrastructure; and program management, and environmental solutions to private-sector industrial clients and public utilities. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.

Industrials Industrial - Machinery

$58.88

Stock Price

$6.29B

Market Cap

10.30K

Employees

Centreville, VA

Location

Financial Statements

Access annual & quarterly financial statements for Parsons, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $6.75B $5.44B $4.20B $3.66B $3.92B
Cost of Revenue $5.34B $4.24B $3.25B $2.81B $3.04B
Gross Profit $1.41B $1.21B $946.72M $852.82M $876.86M
Gross Profit Ratio 20.83% 22.16% 22.57% 23.30% 22.37%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $- $36.15M $24.35M $757.24M $729.10M
Selling and Marketing Expenses $- $829.55M $753.05M $- $-
Selling General and Administrative Expenses $955.00M $869.90M $777.40M $757.24M $729.10M
Other Expenses $23.36M $47.75M $2.77M $-2.56M $3.77M
Operating Expenses $978.36M $917.66M $777.40M $757.24M $729.10M
Cost and Expenses $6.32B $5.15B $4.03B $3.57B $3.77B
Interest Income $11.43M $2.19M $966.00K $396.00K $787.00K
Interest Expense $51.58M $31.50M $23.18M $17.70M $20.96M
Depreciation and Amortization $99.25M $119.97M $120.50M $144.21M $127.98M
EBITDA $518.48M $415.52M $309.91M $274.49M $310.35M
EBITDA Ratio 7.68% 7.63% 7.39% 7.50% 7.92%
Operating Income $428.07M $288.36M $185.67M $132.45M $177.81M
Operating Income Ratio 6.34% 5.30% 4.43% 3.62% 4.54%
Total Other Income Expenses Net $-60.41M $-24.30M $-19.44M $-19.86M $-16.40M
Income Before Tax $367.65M $264.05M $166.22M $112.59M $161.41M
Income Before Tax Ratio 5.45% 4.85% 3.96% 3.08% 4.12%
Income Tax Expense $76.99M $56.14M $39.66M $23.64M $42.49M
Net Income $235.05M $161.15M $96.66M $88.95M $98.54M
Net Income Ratio 3.48% 2.96% 2.30% 2.43% 2.51%
EPS $2.24 $1.56 $0.93 $0.87 $0.98
EPS Diluted $2.14 $1.42 $0.85 $0.79 $0.97
Weighted Average Shares Outstanding 106.29M 104.99M 103.76M 102.54M 100.85M
Weighted Average Shares Outstanding Diluted 111.09M 115.08M 113.48M 112.13M 101.20M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $1.73B $1.81B $1.67B $1.54B $1.49B $1.42B $1.36B $1.17B $1.10B $1.13B $1.01B $949.07M $950.67M $956.05M $879.36M $874.70M $964.26M $1.00B $979.46M $970.99M
Cost of Revenue $1.36B $1.45B $1.32B $1.21B $1.13B $1.12B $1.07B $917.19M $860.46M $872.42M $781.77M $733.90M $723.89M $734.65M $680.33M $669.08M $734.36M $788.77M $749.32M $769.63M
Gross Profit $369.75M $360.29M $351.54M $324.85M $367.20M $294.27M $288.27M $256.28M $242.66M $261.95M $226.95M $215.17M $226.78M $221.40M $199.03M $205.62M $229.90M $215.47M $230.13M $201.36M
Gross Profit Ratio 21.32% 19.90% 21.04% 21.15% 24.57% 20.74% 21.25% 21.84% 22.00% 23.09% 22.50% 22.67% 23.85% 23.16% 22.63% 23.51% 23.84% 21.46% 23.50% 20.74%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $36.15M $- $- $- $24.35M $- $- $- $190.25M $191.23M $188.24M $187.52M $191.75M $165.94M $187.64M $183.77M
Selling and Marketing Expenses $- $- $- $- $201.36M $- $- $- $178.08M $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $264.60M $246.17M $223.28M $220.94M $237.51M $221.19M $211.90M $199.31M $195.43M $196.96M $199.93M $185.08M $190.25M $191.23M $188.24M $187.52M $191.75M $165.94M $187.64M $183.77M
Other Expenses $5.34M $-872.00K $16.84M $2.06M $3.33M $-191.00K $543.00K $1.31M $-6.11M $-685.00K $236.00K $145.00K $-1.35M $184.00K $405.00K $-1.79M $1.85M $1.65M $715.00K $-452.00K
Operating Expenses $269.94M $245.30M $240.11M $223.00M $237.51M $221.19M $211.90M $199.31M $189.32M $196.96M $199.93M $185.08M $190.25M $191.23M $188.24M $187.52M $191.75M $165.94M $187.64M $183.77M
Cost and Expenses $1.63B $1.70B $1.56B $1.43B $1.36B $221.19M $1.28B $1.12B $1.05B $1.07B $981.70M $918.98M $914.13M $925.88M $868.57M $856.60M $926.11M $954.71M $936.96M $953.41M
Interest Income $2.22M $4.23M $3.83M $1.15M $600.00K $492.00K $306.00K $793.00K $348.00K $382.00K $171.00K $65.00K $81.00K $65.00K $152.00K $98.00K $275.00K $88.00K $196.00K $228.00K
Interest Expense $12.54M $13.03M $13.01M $13.00M $9.13M $8.61M $7.30M $6.46M $8.40M $6.32M $4.53M $3.94M $4.19M $4.05M $4.91M $4.54M $7.30M $5.47M $4.16M $4.02M
Depreciation and Amortization $25.74M $24.54M $24.44M $24.53M $32.77M $29.00M $27.60M $28.36M $29.83M $29.58M $30.58M $30.51M $37.67M $37.23M $34.63M $34.67M $32.54M $30.95M $32.08M $32.41M
EBITDA $319.04M $145.68M $140.58M $-86.82M $114.15M $112.64M $104.89M $81.60M $86.59M $93.29M $63.62M $66.41M $83.26M $77.22M $55.41M $58.60M $62.77M $98.96M $79.26M $55.89M
EBITDA Ratio 18.40% 8.05% 8.42% -5.65% 7.64% 7.94% 7.73% 6.95% 7.85% 8.22% 6.31% 7.00% 8.76% 8.08% 6.30% 6.70% 6.51% 9.85% 8.09% 5.76%
Operating Income $99.81M $114.99M $111.42M $101.84M $77.44M $83.34M $76.44M $51.13M $53.33M $64.01M $32.63M $35.69M $46.87M $39.74M $20.22M $25.62M $41.58M $66.27M $46.26M $23.70M
Operating Income Ratio 5.76% 6.35% 6.67% 6.63% 5.18% 5.87% 5.64% 4.36% 4.83% 5.64% 3.23% 3.76% 4.93% 4.16% 2.30% 2.93% 4.31% 6.60% 4.72% 2.44%
Total Other Income Expenses Net $180.94M $-6.88M $-8.29M $-226.19M $-5.19M $-8.31M $-6.45M $-4.35M $-4.97M $-6.63M $-4.12M $-3.73M $-5.47M $-3.80M $-4.35M $-6.23M $-5.17M $-3.73M $-3.25M $-4.25M
Income Before Tax $280.76M $108.11M $103.13M $-124.35M $72.25M $75.03M $69.99M $46.78M $48.36M $57.39M $28.51M $31.96M $41.40M $35.93M $15.87M $19.39M $36.41M $62.54M $43.02M $19.45M
Income Before Tax Ratio 16.19% 5.97% 6.17% -8.10% 4.84% 5.29% 5.16% 3.99% 4.38% 5.06% 2.83% 3.37% 4.35% 3.76% 1.80% 2.22% 3.78% 6.23% 4.39% 2.00%
Income Tax Expense $64.29M $22.52M $22.41M $-32.23M $14.19M $-15.22M $15.22M $11.50M $12.01M $13.79M $5.73M $8.12M $5.26M $9.16M $3.84M $5.38M $9.50M $16.02M $11.89M $5.08M
Net Income $201.28M $71.95M $69.17M $-107.36M $44.91M $47.45M $43.24M $35.28M $28.13M $29.57M $18.30M $20.67M $28.97M $19.36M $6.70M $9.04M $21.61M $40.66M $23.30M $12.97M
Net Income Ratio 11.61% 3.97% 4.14% -6.99% 3.01% 3.34% 3.19% 3.01% 2.55% 2.61% 1.81% 2.18% 3.05% 2.02% 0.76% 1.03% 2.24% 4.05% 2.38% 1.34%
EPS $0.48 $0.68 $0.65 $-1.01 $0.43 $0.45 $0.41 $0.34 $0.28 $0.29 $0.17 $0.19 $0.28 $0.19 $0.07 $0.09 $0.21 $0.40 $0.23 $0.13
EPS Diluted $0.46 $0.65 $0.63 $-1.01 $0.39 $0.42 $0.38 $0.31 $0.25 $0.27 $0.16 $0.18 $0.26 $0.18 $0.06 $0.09 $0.21 $0.40 $0.23 $0.13
Weighted Average Shares Outstanding 106.29M 106.29M 106.30M 106.04M 105.28M 104.97M 104.91M 104.81M 103.98M 103.61M 109.99M 110.58M 102.78M 102.48M 102.51M 102.38M 101.29M 100.74M 100.69M 100.67M
Weighted Average Shares Outstanding Diluted 111.09M 111.09M 110.52M 106.04M 115.60M 115.07M 114.71M 114.75M 113.95M 113.44M 113.25M 113.47M 112.55M 112.15M 112.17M 111.87M 101.76M 105.57M 100.99M 100.90M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $453.55M $272.94M $262.54M $342.61M $483.61M
Short Term Investments $- $- $- $1.27M $3.61M
Cash and Short Term Investments $453.55M $272.94M $262.54M $342.61M $483.61M
Net Receivables $1.10B $1.67B $1.35B $1.18B $1.28B
Inventory $- $- $1 $1.27M $3.61M
Other Current Assets $908.46M $191.43M $105.87M $112.22M $84.38M
Total Current Assets $2.46B $2.14B $1.72B $1.63B $1.84B
Property Plant Equipment Net $264.62M $258.17M $251.14M $286.87M $331.43M
Goodwill $2.08B $1.79B $1.66B $1.41B $1.26B
Intangible Assets $349.94M $275.57M $254.13M $207.82M $245.96M
Goodwill and Intangible Assets $2.43B $2.07B $1.92B $1.62B $1.51B
Long Term Investments $138.76M $128.20M $107.42M $110.69M $68.97M
Tax Assets $133.45M $140.16M $137.71M $134.39M $130.20M
Other Non-Current Assets $56.11M $71.77M $66.11M $46.13M $56.04M
Total Non-Current Assets $3.03B $2.67B $2.48B $2.20B $2.09B
Other Assets $- $- $- $- $-
Total Assets $5.49B $4.80B $4.20B $3.83B $3.94B
Account Payables $207.59M $242.82M $201.43M $196.29M $225.68M
Short Term Debt $516.13M $72.20M $60.89M $57.72M $105.59M
Tax Payables $7.70M $6.98M $4.29M $7.84M $4.98M
Deferred Revenue $- $301.11M $213.06M $171.67M $201.86M
Other Current Liabilities $1.18B $801.42M $628.45M $597.27M $649.29M
Total Current Liabilities $1.92B $1.41B $1.11B $1.03B $1.19B
Long Term Debt $898.48M $868.60M $857.27M $743.24M $724.20M
Deferred Revenue Non-Current $- $- $- $16.00M $21.83M
Deferred Tax Liabilities Non-Current $11.04M $9.78M $12.47M $11.40M $12.29M
Other Non-Current Liabilities $128.30M $138.09M $124.35M $108.41M $152.40M
Total Non-Current Liabilities $1.04B $1.02B $994.09M $863.04M $888.88M
Other Liabilities $- $- $- $- $-
Total Liabilities $2.95B $2.43B $2.10B $1.89B $2.08B
Preferred Stock $- $- $- $- $-
Common Stock $146.66M $146.34M $146.13M $146.28M $146.61M
Retained Earnings $426.78M $203.72M $43.09M $-53.53M $-120.57M
Accumulated Other Comprehensive Income Loss $-26.59M $-14.91M $-17.85M $-9.57M $-13.87M
Other Total Stockholders Equity $1.87B $1.95B $1.87B $1.82B $1.80B
Total Stockholders Equity $2.42B $2.29B $2.04B $1.90B $1.81B
Total Equity $2.53B $2.38B $2.10B $1.94B $1.86B
Total Liabilities and Stockholders Equity $5.49B $4.80B $4.20B $3.83B $3.94B
Minority Interest $118.10M $89.50M $52.37M $36.34M $47.65M
Total Liabilities and Total Equity $5.49B $4.80B $4.20B $3.83B $3.94B
Total Investments $138.76M $128.20M $107.42M $110.69M $68.97M
Total Debt $1.41B $927.15M $914.17M $796.72M $826.60M
Net Debt $961.06M $654.21M $651.63M $454.11M $342.99M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $453.55M $558.82M $528.46M $423.12M $272.94M $205.41M $178.59M $220.44M $262.54M $147.54M $125.98M $285.62M $342.61M $275.51M $483.44M $398.18M $483.61M $614.03M $129.58M $119.30M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $890.00K $1.14M $1.27M $1.20M $1.15M $1.23M $3.61M $3.73M $7.04M $7.42M
Cash and Short Term Investments $453.55M $558.82M $528.46M $423.12M $272.94M $205.41M $178.59M $220.44M $262.54M $147.54M $125.98M $285.62M $342.61M $275.51M $483.44M $398.18M $483.61M $614.03M $129.58M $119.30M
Net Receivables $1.10B $1.82B $1.85B $1.79B $1.67B $1.66B $1.66B $1.45B $1.35B $1.35B $1.34B $1.25B $1.18B $1.20B $1.21B $1.30B $1.28B $1.39B $1.36B $1.38B
Inventory $- $- $- $- $- $1 $- $1 $- $- $890.00K $1 $1.27M $- $1 $- $3.61M $- $1 $1
Other Current Assets $908.46M $170.86M $198.62M $212.66M $191.43M $146.76M $139.71M $133.55M $105.87M $110.27M $120.80M $109.12M $112.22M $114.33M $104.74M $102.77M $84.38M $81.64M $96.70M $97.94M
Total Current Assets $2.46B $2.55B $2.57B $2.43B $2.14B $2.02B $1.98B $1.80B $1.72B $1.61B $1.58B $1.64B $1.63B $1.59B $1.79B $1.80B $1.84B $2.08B $1.59B $1.60B
Property Plant Equipment Net $264.62M $236.56M $243.09M $252.77M $258.17M $257.74M $262.06M $242.85M $255.10M $256.12M $266.07M $269.83M $286.87M $294.41M $305.10M $319.73M $331.43M $334.08M $349.82M $355.87M
Goodwill $2.08B $1.93B $1.79B $1.79B $1.79B $1.80B $1.69B $1.66B $1.66B $1.66B $1.67B $1.41B $1.41B $1.41B $1.26B $1.26B $1.26B $1.05B $1.05B $1.04B
Intangible Assets $349.94M $307.95M $248.08M $261.86M $275.57M $282.10M $240.30M $236.12M $254.13M $273.44M $285.12M $188.73M $207.82M $235.93M $197.99M $222.45M $245.96M $194.08M $214.94M $237.03M
Goodwill and Intangible Assets $2.43B $2.24B $2.04B $2.05B $2.07B $2.08B $1.93B $1.90B $1.92B $1.93B $1.96B $1.60B $1.62B $1.65B $1.46B $1.48B $1.51B $1.24B $1.26B $1.28B
Long Term Investments $138.76M $194.52M $157.24M $145.04M $128.20M $164.86M $118.86M $107.42M $107.42M $99.42M $115.48M $114.23M $110.69M $102.68M $86.05M $76.02M $68.97M $71.29M $64.91M $65.72M
Tax Assets $133.45M $163.54M $162.67M $157.55M $140.16M $148.51M $144.78M $140.37M $137.71M $139.89M $134.59M $137.01M $134.39M $147.26M $147.15M $143.02M $130.20M $130.90M $129.74M $124.82M
Other Non-Current Assets $56.11M $54.95M $63.04M $62.53M $71.77M $66.91M $68.57M $65.80M $62.14M $54.21M $53.26M $45.23M $46.13M $45.62M $45.55M $40.38M $56.04M $60.34M $57.25M $59.19M
Total Non-Current Assets $3.03B $2.89B $2.67B $2.67B $2.67B $2.72B $2.53B $2.45B $2.48B $2.48B $2.53B $2.17B $2.20B $2.24B $2.04B $2.06B $2.09B $1.84B $1.86B $1.89B
Other Assets $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $0 $- $- $- $-
Total Assets $5.49B $5.44B $5.24B $5.10B $4.80B $4.73B $4.51B $4.26B $4.20B $4.09B $4.11B $3.81B $3.83B $3.82B $3.84B $3.87B $3.94B $3.92B $3.45B $3.49B
Account Payables $207.59M $300.22M $252.84M $274.14M $242.82M $266.35M $237.23M $209.46M $201.43M $200.85M $194.70M $157.08M $196.29M $188.76M $191.69M $219.22M $225.68M $208.31M $209.86M $235.38M
Short Term Debt $516.13M $167.40M $56.05M $58.00M $61.24M $56.93M $57.09M $55.61M $59.14M $59.06M $59.81M $57.20M $57.72M $54.47M $104.00M $104.11M $105.59M $98.66M $47.65M $47.22M
Tax Payables $7.70M $4.56M $1.04M $2.37M $6.98M $21.66M $14.52M $10.69M $4.29M $9.15M $10.94M $12.55M $7.84M $4.47M $2.58M $6.25M $4.98M $1.34M $12.05M $1.82M
Deferred Revenue $- $300.80M $298.10M $282.96M $301.11M $277.25M $292.40M $229.22M $213.06M $197.75M $186.29M $172.93M $171.67M $186.79M $196.55M $186.03M $201.86M $212.37M $219.04M $241.18M
Other Current Liabilities $1.18B $876.58M $818.92M $736.24M $798.74M $771.91M $693.66M $635.09M $630.19M $682.68M $647.04M $609.10M $597.27M $626.17M $584.21M $596.65M $649.29M $727.21M $642.36M $625.73M
Total Current Liabilities $1.92B $1.65B $1.43B $1.35B $1.41B $1.39B $1.29B $1.14B $1.11B $1.15B $1.10B $1.01B $1.03B $1.06B $1.08B $1.11B $1.19B $1.25B $1.13B $1.15B
Long Term Debt $898.48M $1.23B $1.35B $1.36B $868.60M $939.65M $873.41M $851.62M $857.27M $815.89M $920.47M $727.73M $743.24M $748.99M $757.25M $767.67M $724.20M $727.68M $451.62M $522.10M
Deferred Revenue Non-Current $- $- $103.80M $112.25M $45.74M $19.20M $18.14M $- $- $15.64M $- $- $16.00M $19.49M $23.22M $21.22M $21.83M $21.54M $22.12M $21.46M
Deferred Tax Liabilities Non-Current $11.04M $27.93M $9.79M $9.76M $9.78M $20.45M $20.02M $12.55M $12.47M $10.41M $9.59M $11.79M $11.40M $23.55M $12.69M $13.15M $12.29M $9.27M $9.12M $9.23M
Other Non-Current Liabilities $128.30M $120.61M $131.24M $133.12M $138.09M $130.70M $128.41M $126.03M $124.35M $114.12M $116.30M $109.84M $108.41M $136.85M $141.49M $133.08M $152.40M $165.78M $153.25M $138.56M
Total Non-Current Liabilities $1.04B $1.38B $1.49B $1.50B $1.02B $1.09B $1.02B $990.21M $994.09M $940.42M $1.05B $849.36M $863.04M $909.40M $911.42M $913.89M $888.88M $902.74M $613.98M $669.90M
Other Liabilities $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.95B $3.03B $2.92B $2.86B $2.43B $2.48B $2.32B $2.13B $2.10B $2.09B $2.15B $1.86B $1.89B $1.97B $1.99B $2.02B $2.08B $2.15B $1.74B $1.82B
Preferred Stock $- $- $- $- $- $- $- $- $- $1 $- $- $- $- $- $- $- $- $- $114.00K
Common Stock $146.66M $146.70M $146.70M $146.72M $146.34M $146.32M $146.31M $146.24M $146.13M $146.09M $146.17M $146.35M $146.28M $146.51M $146.75M $146.65M $146.61M $146.50M $146.50M $146.44M
Retained Earnings $426.78M $227.33M $155.53M $87.26M $203.72M $158.94M $111.51M $68.43M $43.09M $15.01M $-14.56M $-32.86M $-53.53M $-82.66M $-102.02M $-108.72M $-120.57M $-142.09M $-182.75M $-206.05M
Accumulated Other Comprehensive Income Loss $-26.59M $-16.14M $-19.14M $-16.87M $-14.91M $-16.80M $-14.86M $-18.02M $-17.85M $-19.29M $-12.10M $-6.67M $-9.57M $-10.13M $-5.91M $-8.94M $-13.87M $-18.05M $-19.99M $-23.11M
Other Total Stockholders Equity $1.87B $1.95B $1.94B $1.93B $1.95B $1.88B $1.88B $1.87B $1.87B $1.81B $1.81B $1.81B $1.82B $1.77B $1.77B $1.77B $1.80B $1.74B $1.72B $1.72B
Total Stockholders Equity $2.42B $2.31B $2.22B $2.15B $2.29B $2.17B $2.12B $2.06B $2.04B $1.95B $1.93B $1.92B $1.90B $1.82B $1.81B $1.80B $1.81B $1.73B $1.67B $1.64B
Total Equity $2.53B $2.41B $2.32B $2.24B $2.38B $2.25B $2.19B $2.13B $2.10B $2.01B $1.96B $1.95B $1.94B $1.85B $1.85B $1.84B $1.86B $1.77B $1.71B $1.67B
Total Liabilities and Stockholders Equity $5.49B $5.44B $5.24B $5.10B $4.80B $4.73B $4.51B $4.26B $4.20B $4.09B $4.11B $3.81B $3.83B $3.82B $3.84B $3.87B $3.94B $3.92B $3.45B $3.49B
Minority Interest $118.10M $101.98M $101.13M $93.49M $89.50M $75.36M $71.33M $61.65M $52.37M $52.03M $36.49M $32.44M $36.34M $29.80M $36.98M $43.64M $47.65M $41.97M $38.70M $32.12M
Total Liabilities and Total Equity $5.49B $5.44B $5.24B $5.10B $4.80B $4.73B $4.51B $4.26B $4.20B $4.09B $4.11B $3.81B $3.83B $3.82B $3.84B $3.87B $3.94B $3.92B $3.45B $3.49B
Total Investments $138.76M $194.52M $157.24M $145.04M $128.20M $164.86M $118.86M $107.42M $107.42M $99.42M $116.37M $114.23M $111.96M $103.87M $87.19M $77.25M $72.58M $75.02M $71.95M $73.14M
Total Debt $1.41B $1.40B $1.41B $1.42B $927.15M $996.58M $930.50M $907.23M $916.41M $874.95M $980.28M $784.92M $796.72M $803.46M $859.63M $870.04M $826.60M $825.10M $498.57M $568.38M
Net Debt $961.06M $839.39M $878.69M $993.58M $654.21M $791.17M $751.91M $686.79M $653.87M $727.41M $854.30M $499.30M $454.11M $527.95M $376.18M $471.87M $342.99M $211.07M $368.99M $449.08M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $- $207.91M $126.56M $88.95M $118.92M
Depreciation and Amortization $- $119.97M $120.50M $144.21M $127.98M
Deferred Income Tax $6.10M $-8.91M $-844.00K $-3.47M $1.27M
Stock Based Compensation $- $34.37M $23.01M $20.19M $15.23M
Change in Working Capital $- $-103.28M $-103.33M $-94.92M $-44.28M
Accounts Receivables $- $- $-117.32M $99.89M $-8.62M
Inventory $- $- $- $-132.64M $-7.47M
Accounts Payables $-42.69M $24.50M $-717.00K $-31.77M $1.49M
Other Working Capital $- $-127.78M $14.71M $-30.41M $-29.67M
Other Non Cash Items $517.50M $157.64M $71.62M $50.62M $70.03M
Net Cash Provided by Operating Activities $523.61M $407.70M $237.53M $205.57M $289.16M
Investments in Property Plant and Equipment $- $-40.40M $-30.59M $-21.11M $-34.04M
Acquisitions Net $- $-336.12M $-387.65M $-221.13M $-313.88M
Purchases of Investments $- $- $-17.62M $-38.46M $-11.04M
Sales Maturities of Investments $- $- $9.44M $15.58M $53.00K
Other Investing Activities $-556.72M $546.00K $8.95M $24.20M $12.53M
Net Cash Used for Investing Activities $-556.72M $-375.97M $-417.47M $-240.91M $-346.37M
Debt Repayment $302.39M $- $150.00M $-50.00M $400.00M
Common Stock Issued $7.93M $6.06M $5.38M $5.55M $4.39M
Common Stock Repurchased $-25.00M $-11.00M $-22.00M $-21.70M $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $-66.57M $-16.93M $-33.01M $-40.36M $-56.16M
Net Cash Used Provided by Financing Activities $218.75M $-21.87M $100.37M $-106.50M $348.23M
Effect of Forex Changes on Cash $-5.04M $546.00K $-1.77M $-1.50M $823.00K
Net Change in Cash $180.60M $10.40M $-81.34M $-143.33M $291.84M
Cash at End of Period $453.55M $272.94M $262.54M $343.88M $487.21M
Cash at Beginning of Period $272.94M $262.54M $343.88M $487.21M $195.37M
Operating Cash Flow $523.61M $407.70M $237.53M $205.57M $289.16M
Capital Expenditure $- $-40.40M $-30.59M $-21.11M $-34.04M
Free Cash Flow $523.61M $367.30M $206.93M $184.47M $255.12M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $216.47M $97.14M $69.17M $-92.11M $58.06M $59.81M $54.77M $35.28M $36.35M $43.59M $22.78M $23.84M $36.14M $26.77M $12.03M $14.01M $26.91M $46.52M $31.12M $14.37M
Depreciation and Amortization $25.74M $24.54M $23.00M $23.10M $32.77M $30.15M $28.69M $28.36M $29.83M $29.58M $30.58M $30.51M $37.67M $37.23M $34.63M $34.67M $32.54M $30.95M $32.08M $32.41M
Deferred Income Tax $7.12M $-793.00K $-5.02M $4.80M $-709.00K $-2.98M $-2.63M $-2.59M $5.49M $-4.18M $417.00K $-2.57M $901.00K $-152.00K $-4.62M $403.00K $2.03M $-1.09M $-5.19M $5.51M
Stock Based Compensation $16.12M $19.29M $10.15M $10.52M $10.49M $7.89M $8.99M $6.99M $8.02M $6.63M $4.46M $3.90M $4.64M $4.18M $4.16M $7.21M $4.19M $4.61M $4.18M $2.25M
Change in Working Capital $16.22M $146.81M $13.14M $-261.98M $5.45M $81.16M $-84.43M $-105.46M $413.00K $22.28M $-23.80M $-102.22M $865.00K $157.00K $48.27M $-144.22M $89.09M $51.84M $5.08M $-190.29M
Accounts Receivables $14.81M $33.25M $-57.54M $-121.78M $-7.22M $58.79M $-180.27M $-47.48M $4.42M $18.77M $-62.99M $-46.69M $29.54M $12.21M $55.55M $2.60M $97.86M $-56.87M $42.12M $-91.73M
Inventory $- $- $- $- $13.53M $24.14M $8.40M $- $- $- $- $- $-22.14M $3.25M $10.31M $-124.07M $-6.76M $117.61M $11.44M $-129.76M
Accounts Payables $-99.35M $46.08M $-21.10M $31.68M $-23.80M $13.25M $27.03M $8.01M $201.00K $7.16M $31.26M $-39.34M $7.58M $-4.97M $-27.71M $-6.66M $9.57M $-1.85M $-26.02M $19.79M
Other Working Capital $100.76M $67.47M $91.78M $-171.88M $22.94M $-15.02M $60.41M $-65.99M $-4.21M $13.30M $7.93M $-16.18M $-14.11M $-10.34M $10.13M $-16.09M $-11.58M $-7.05M $-22.46M $11.42M
Other Non Cash Items $-154.90M $12.06M $185.57M $370.38M $84.07M $27.55M $17.59M $28.43M $9.06M $16.09M $16.61M $20.82M $9.64M $9.06M $9.96M $21.95M $20.96M $12.04M $20.27M $16.76M
Net Cash Provided by Operating Activities $126.77M $299.03M $161.23M $-63.42M $190.13M $203.58M $22.98M $-8.99M $89.16M $123.03M $51.05M $-25.71M $89.86M $77.25M $104.43M $-65.97M $175.72M $144.88M $87.54M $-118.98M
Investments in Property Plant and Equipment $-18.77M $-11.75M $-9.26M $-9.44M $-9.52M $-12.92M $-9.81M $-8.15M $-10.81M $-6.20M $-9.12M $-4.47M $-8.30M $-3.63M $-4.72M $-4.45M $-4.86M $-6.24M $-10.30M $-12.64M
Acquisitions Net $-193.38M $-198.94M $65.00K $2.00K $-39.48M $-230.31M $-53.69M $-12.63M $-4.18M $7.03M $-381.43M $-9.07M $-2.42M $-207.66M $-4.29M $-6.76M $-305.93M $-4.12M $-3.78M $-50.00K
Purchases of Investments $- $- $-33.96M $-36.08M $-37.98M $-57.09M $-11.49M $-13.02M $- $- $-1.51M $-9.71M $-2.36M $-9.73M $-4.13M $-9.85M $- $- $- $-
Sales Maturities of Investments $- $-25.00K $25.00K $- $4.95M $57.09M $72.00K $381.00K $- $- $-644.00K $644.00K $14.81M $2.00K $646.00K $14.30M $- $- $- $-
Other Investing Activities $51.00K $-45.26M $-33.88M $-36.07M $33.31M $209.00K $11.46M $12.65M $198.00K $7.36M $2.30M $112.00K $-14.53M $665.00K $220.00K $-4.29M $493.00K $110.00K $458.00K $485.00K
Net Cash Used for Investing Activities $-212.10M $-255.98M $-43.13M $-45.51M $-48.73M $-243.03M $-63.46M $-20.76M $-14.79M $1.16M $-390.41M $-13.43M $-10.44M $-210.62M $-8.80M $-11.04M $-310.29M $-10.26M $-13.62M $-12.20M
Debt Repayment $-2.02M $-15.00K $- $-18.94M $-75.00M $- $- $- $48.80M $-98.80M $- $- $-1.94M $-50.00M $- $- $- $400.00M $-65.00M $65.00M
Common Stock Issued $4.20M $- $- $800.00M $3.12M $- $- $- $2.65M $- $- $- $2.78M $- $- $- $2.70M $- $- $-
Common Stock Repurchased $-15.00M $16.91M $-10.00M $-16.91M $-3.00M $-103.00K $-2.00M $-6.00M $-2.50M $-3.95M $-10.00M $-5.55M $-13.00M $-8.70M $- $-2.24M $- $- $- $-1.15M
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $-51.94M $- $- $- $-360.00K $- $- $-360.00K
Other Financing Activities $-2.39M $-13.01M $-6.26M $278.45M $630.00K $66.56M $-2.62M $-6.50M $-8.77M $484.00K $188.13M $-12.85M $1.32M $-14.71M $-13.81M $-11.22M $794.00K $-54.06M $-1.24M $-139.00K
Net Cash Used Provided by Financing Activities $-15.22M $-13.02M $-12.52M $259.51M $-74.25M $66.56M $-1.68M $-12.50M $40.18M $-102.27M $180.85M $-18.40M $-10.84M $-73.41M $-11.04M $-11.22M $3.14M $345.94M $-64.56M $63.71M
Effect of Forex Changes on Cash $-4.72M $326.00K $-236.00K $-402.00K $380.00K $-301.00K $313.00K $154.00K $450.00K $-1.26M $-1.39M $425.00K $-1.40M $-1.11M $581.00K $430.00K $892.00K $572.00K $538.00K $-1.18M
Net Change in Cash $-105.28M $30.36M $105.34M $150.18M $67.54M $26.82M $-41.85M $-42.10M $115.00M $20.67M $-159.89M $-57.12M $67.18M $-207.88M $85.18M $-87.80M $-130.54M $481.14M $9.90M $-68.65M
Cash at End of Period $453.55M $558.82M $528.46M $423.12M $272.94M $205.41M $178.59M $220.44M $262.54M $147.54M $126.87M $286.76M $343.88M $276.70M $484.59M $399.41M $487.21M $617.76M $136.62M $126.72M
Cash at Beginning of Period $558.82M $528.46M $423.12M $272.94M $205.41M $178.59M $220.44M $262.54M $147.54M $126.87M $286.76M $343.88M $276.70M $484.59M $399.41M $487.21M $617.76M $136.62M $126.72M $195.37M
Operating Cash Flow $126.77M $299.03M $161.23M $-63.42M $190.13M $203.58M $22.98M $-8.99M $89.16M $123.03M $51.05M $-25.71M $89.86M $77.25M $104.43M $-65.97M $175.72M $144.88M $87.54M $-118.98M
Capital Expenditure $-18.77M $-11.75M $-9.26M $-9.44M $-9.52M $-12.92M $-9.81M $-8.15M $-10.81M $-6.20M $-9.12M $-4.47M $-8.30M $-3.63M $-4.72M $-4.45M $-4.86M $-6.24M $-10.30M $-12.64M
Free Cash Flow $108.00M $287.29M $151.97M $-72.86M $180.61M $190.66M $13.17M $-17.14M $78.35M $116.84M $41.94M $-30.19M $81.56M $73.62M $99.71M $-70.41M $170.86M $138.64M $77.24M $-131.62M

Parsons Dividends

Explore Parsons's dividend history, including dividend yield, payout ratio, and historical payments.

Parsons does not currently pay a dividend.

Parsons News

Read the latest news about Parsons, including recent articles, headlines, and updates.

Parsons to Announce First Quarter 2025 Financial Results on April 30, 2025

CHANTILLY, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release first quarter 2025 financial results before the markets open on Wednesday, April 30, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.

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Parsons Selected for PFAS Investigation and Remedy Development at Tucson International Airport

CHANTILLY, Va., April 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by Tucson Airport Authority (TAA), operator of Tucson International Airport (TUS), to execute a per- and polyfluoroalkyl substances (PFAS) facility investigation. The professional services agreement contract includes source area delineation, offsite source differentiation, and remedy feasibility assessment associated with TAA's required use of PFAS containing aqueous film forming foam (AFFF). This contract represents Parsons' continued drive to help our clients address PFAS efficiently and cost effectively.

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Parsons' Board Approves $250 Million Share Repurchase Authorization

CHANTILLY, Va., March 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that its board of directors has increased the company's stock repurchase authorization to $250 million.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation. - PSN

NEW YORK CITY, NY / ACCESS Newswire / March 19, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Parsons Corporation ("Parsons" or the "Company") (NYSE:PSN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

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Parsons to Present at the Bank of America Global Industrials Conference

CHANTILLY, Va., March 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Bank of America Global Industrials Conference in London, England. Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session on Tuesday, March 18, 2025, at approximately 5:40 a.m. Eastern Time (9:40 a.m. Greenwich Mean Time).

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SealingTech Awarded Prototype Agreement from the Department of Defense

COLUMBIA, Md. , March 12, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for U.S. national security missions, was awarded an agreement from the Department of Defense (DoD)'s Defense Innovation Unit (DIU) to support the development of their Joint Cyber Hunt Kit (JCHK) prototype.

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Bronstein, Gewirtz & Grossman, LLC Is Investigating Bronstein, Gewirtz & Grossman, LLC (PSN) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Parsons Honored as One of the World's Most Ethical Companies for the 16th Consecutive Year

CHANTILLY, Va., March 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2025 World's Most Ethical Companies. This marks the sixteenth consecutive year that Parsons has been honored with this recognition.

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Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Shareholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Shareholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Parsons Corporation (PSN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Investors to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Claroty Partners with Parsons' SealingTech to Deliver Federal Cyber Protection Team Solution

Collaboration provides a joint solution that empowers Cyber Protection Teams to address the challenges of securing OT and CPS networks in the field NEW YORK , March 5, 2025 /PRNewswire/ -- Claroty , the cyber-physical systems (CPS) protection company, today announced a partnership with SealingTech , a Parsons Corporation company who is a trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect the federal government and private enterprises. The partnership provides the tools, knowledge, and support necessary for Cyber Protection Teams (CPTs) to address the unique challenges of securing operational technology (OT) and CPS networks, even in the most demanding field conditions.

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Parsons Corporation (PSN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 4, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Bragar Eagel & Squire, P.C. Is Investigating Parsons and Perpetua and Encourages Investors to Contact the Firm

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Parsons Corporation and Perpetua Resources Corp. (NASDAQ:PPTA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.

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Parsons Unveils Advanced ZEUS Directed Energy System on Next-Gen JLTV Platform, Enhancing Military Capability

AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification

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Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Investors to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Bronstein, Gewirtz & Grossman, LLC Encourages Parsons Corporation (PSN) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Levi & Korsinsky Announces an Investigation on Behalf of Parsons Corporation (PSN) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESS Newswire / February 28, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Parsons Corporation ("Parsons Corporation") (NYSE:PSN) concerning possible violations of federal securities laws. Parsons released its fourth quarter 2024 financial results on February 19, 2025, falling short of its prior guidance in revenue and EBITDA.

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Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Parsons Corporation (PSN) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / February 28, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation ("Parsons" or "the Company") (NYSE:PSN). Investors who purchased Parsons securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PSN.

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Levi & Korsinsky Investigates Possible Securities Fraud Violations by Parsons Corporation (PSN)

NEW YORK, NY / ACCESS Newswire / February 27, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Parsons Corporation ("Parsons Corporation") (NYSE:PSN) concerning possible violations of federal securities laws. Parsons released its fourth quarter 2024 financial results on February 19, 2025, falling short of its prior guidance in revenue and EBITDA.

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Explore detailed financial metrics and analysis for PSN.