PARSONS CORP PSN
Parsons is a leading provider of the solutions and services required to support the complex security environment, unprecedented global infrastructure demand, and a world of digital transformation impacting our customers. For more than 81 years, we have solved our customers' most challenging problems and enabled a safer, smarter, more secure, and more connected world thanks to a culture of creativity, a focus on delivery, and a mission-focused workforce. We are established as a leading provider of integrated solutions and services that solve emerging customer challenges by leveraging our depth of experience and expertise in the markets where we operate. Today, that legacy of success has never been more true or more important, with Parsons uniquely positioned to deliver innovative solutions to our customers' most challenging current and emerging requirements.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.36B | $6.75B | $5.44B | $4.20B | $3.66B | $3.92B | $3.95B | $3.56B | $3.02B | — |
| Cost of revenue | $4.93B | $5.34B | $4.24B | $3.25B | $2.81B | $3.04B | $3.12B | $2.80B | $2.40B | — |
| Gross profit | $1.43B | $1.41B | $1.21B | $946.7M | $852.8M | $876.9M | $831.8M | $765.5M | $616.9M | — |
| SG&A | $1.02B | $955.0M | $869.9M | $777.4M | $757.2M | $729.1M | $781.4M | $597.4M | $506.3M | — |
| Operating income | $418.1M | $428.1M | $288.4M | $185.7M | $132.4M | $177.8M | $92.1M | $205.0M | $150.7M | — |
| Interest expense | $51.3M | $51.6M | $31.5M | $23.2M | $17.7M | $21.0M | $23.7M | $20.8M | $15.8M | — |
| Pre-tax income | $382.5M | $367.7M | $264.1M | $166.2M | $112.6M | $161.4M | $67.2M | $259.8M | $133.0M | — |
| Income tax | $73.6M | $77.0M | $56.1M | $39.7M | $23.6M | $42.5M | $69.9M | $20.4M | $21.5M | — |
| Net income | $241.1M | $235.1M | $161.1M | $96.7M | $64.1M | $98.5M | $120.5M | $222.3M | $97.3M | — |
| EPS, basic | 2.26 | 2.21 | 1.53 | 0.93 | 0.62 | 0.98 | 1.30 | 2.78 | 1.16 | — |
| EPS, diluted | 2.20 | 2.12 | 1.42 | 0.87 | 0.59 | 0.97 | 1.30 | 2.78 | 1.16 | — |
| Shares, diluted (wtd. avg.) | $109.7M | $112.2M | $115.1M | $113.5M | $112.1M | $101.2M | $92.8M | $80.0M | $83.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $466.4M | $453.5M | $272.9M | $262.5M | $342.6M | $483.6M | $182.7M | $280.2M | $446.1M | $393.0M |
| Receivables | $1.12B | $1.10B | $915.6M | $717.3M | $598.3M | $698.6M | $671.5M | $623.3M | — | — |
| Total current assets | $2.68B | $2.46B | $2.14B | $1.72B | $1.63B | $1.84B | $1.53B | $1.49B | — | — |
| Property, plant and equipment | $151.1M | $111.6M | $99.0M | $96.0M | $104.2M | $121.0M | $122.8M | $91.8M | $87.6M | — |
| Goodwill | $2.19B | $2.08B | $1.79B | $1.66B | $1.41B | $1.26B | $1.05B | $736.9M | $496.8M | — |
| Other intangibles | $325.9M | $349.9M | $275.6M | $254.1M | $207.8M | $246.0M | $259.9M | $179.5M | — | — |
| Total assets | $5.77B | $5.49B | $4.80B | $4.20B | $3.83B | $3.94B | $3.45B | $2.61B | — | — |
| Accounts payable | $250.5M | $207.6M | $242.8M | $201.4M | $196.3M | $225.7M | $216.6M | $226.3M | — | — |
| Short-term debt | $0 | $463.4M | $0 | — | $0 | $50.0M | $0 | — | — | — |
| Total current liabilities | $1.53B | $1.92B | $1.41B | $1.11B | $1.03B | $1.19B | $1.14B | $1.01B | — | — |
| Long-term debt | $1.24B | $784.1M | $746.0M | $743.6M | $591.9M | $540.0M | $249.4M | $429.2M | — | — |
| Total liabilities | $3.00B | $2.95B | $2.43B | $2.10B | $1.89B | $2.08B | $1.79B | $1.66B | — | — |
| Retained earnings | $661.2M | $426.8M | $203.7M | $43.1M | -$53.5M | -$120.6M | -$218.0M | $12.4M | — | — |
| Total equity | $2.64B | $2.42B | $2.38B | $2.10B | $1.94B | $1.86B | $1.66B | -$921.1M | -$1.05B | -$935.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $478.4M | $523.6M | $407.7M | $237.5M | $205.6M | $289.2M | $220.2M | $284.6M | $265.0M | — |
| Depreciation and amortisation | $42.0M | $37.4M | $39.1M | $39.0M | $38.6M | $39.0M | $37.3M | $32.4M | $29.4M | — |
| Stock-based compensation | $43.2M | $56.1M | $34.4M | $23.0M | $20.2M | $15.2M | $8.3M | $0 | $0 | — |
| Capital expenditure | $68.0M | $49.2M | $40.4M | $30.6M | $21.1M | $34.0M | $67.6M | $29.3M | $27.9M | — |
| Investing cash flow | -$255.6M | -$556.7M | -$376.0M | -$417.5M | -$240.9M | -$346.4M | -$570.8M | -$503.3M | -$53.0M | — |
| Financing cash flow | -$214.1M | $218.7M | -$21.9M | $100.4M | -$106.5M | $348.2M | $266.0M | $55.4M | -$160.2M | — |
| Dividends paid | — | — | — | — | $0 | $0 | $52.1M | $0 | $0 | — |
| Buybacks | $125.0M | $25.0M | $11.0M | $22.0M | $21.7M | $0 | $6.3M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-045495.
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