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Parsons (PSN)

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Parsons Corporation is a technology, engineering, and services company focused on two markets where complex systems and mission reliability are critical: national security and infrastructure. The company serves government agencies and commercial customers with capabilities that span cyber operations, missile defense, space and geospatial systems, intelligence support, environmental remediation, transportation, and digital infrastructure.

Its Federal Solutions business is the larger revenue contributor and works primarily with the US government. This segment supports defense, intelligence, and civilian agency missions through advanced technical services, software-enabled solutions, systems integration, and program management. Parsons is positioned in areas tied to long-term public spending priorities, including cybersecurity, data analytics, critical mission support, and protection against emerging threats.

The Critical Infrastructure segment applies the company’s engineering and project delivery expertise to transportation networks, water systems, aviation facilities, utilities, and other essential assets. Parsons combines traditional design and construction management capabilities with digital tools used for asset monitoring, smart mobility, and infrastructure resilience. The segment serves customers in North America, the Middle East, and other international markets, although North America remains the company’s main geographic source of revenue.

Listed on the New York Stock Exchange under the ticker PSN, Parsons is distinguished by its mix of defense technology exposure and infrastructure engineering depth. Its business model is largely contract-based, with demand influenced by government budgets, infrastructure investment cycles, security needs, and the execution of large, technically demanding projects.

59.95 USD
59.00 USD
−0.89 (-1.46%)
After-hours

Last updated

Market Cap
6.41B
P/E
28.15
P/FCF
15.38
P/S
1.02
Enterprise Value
7.64B
Sector
Industrials
Industry
Computer Integrated Systems Design
Address
5875 TRINITY PKWY #300, CENTREVILLE, VA, 20120
GlobeNewswire Inc.

$9.8 Billion in Autonomy Spending Hits the AI-Boosted Defense Supply Chain

Feb 13, 2026, 10:52 AM
GlobeNewswire Inc.

Parsons Remains a Top U.S. Military-Friendly Employer

Dec 29, 2025, 06:30 AM
GlobeNewswire Inc.

Parsons Awarded Position on $15 Billion U.S. Air Force Comprehensive Construction & Engineering Contract

Dec 18, 2025, 06:30 AM
GlobeNewswire Inc.

Parsons Corporation Celebrates TraCSS Victory with Space News Icon Award for Civil Space Achievement of the Year

Dec 08, 2025, 11:00 AM
GlobeNewswire Inc.

Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To Columbia Design-Build Project

Dec 05, 2025, 16:30 PM
GlobeNewswire Inc.

Parsons to Present at the Raymond James TMT and Consumer Conference

Dec 05, 2025, 14:00 PM
GlobeNewswire Inc.

Parsons to Announce Third Quarter 2025 Financial Results on November 5, 2025

Oct 02, 2025, 14:00 PM
GlobeNewswire Inc.

Dubai’s RTA Selects Parsons As Project Management Consultant For Dubai Metro Blue Line Project

Jul 08, 2025, 06:00 AM
GlobeNewswire Inc.

Kirby McInerney LLP Announces Investigation Against Parsons Corporation (PSN) on Behalf of Investors

Feb 20, 2025, 18:00 PM
GlobeNewswire Inc.

Parsons Acquires TRS Group, Inc.

Feb 04, 2025, 07:00 AM
GlobeNewswire Inc.

Parsons Awarded $25M Contracts for Middle East Transportation Projects

Oct 16, 2024, 06:00 AM
GlobeNewswire Inc.

Parsons Selected to Help Deliver Manchester’s Cemetery Brook Drain Tunnel

Jun 26, 2024, 08:36 AM
GlobeNewswire Inc.

Inspiring the Next Generation: Parsons Celebrates Expanded Partnership with Technovation

Jun 24, 2024, 06:25 AM
GlobeNewswire Inc.

Parsons and the Niagara International Transportation Technology Coalition Celebrate Bi-National Project Milestone

Jun 18, 2024, 06:30 AM
GlobeNewswire Inc.

Parsons Receives Sustainability Award from Yukon Government

Jun 06, 2024, 06:25 AM
GlobeNewswire Inc.

Federal Way Link Extension (FWLE) Project Receives Envision Platinum Sustainability Award

May 28, 2024, 16:05 PM
GlobeNewswire Inc.

Parsons Named One of Forbes’ 2024 Best Employers for New Grads

May 23, 2024, 16:05 PM
GlobeNewswire Inc.

Parsons Selected For LAWA’s Capital Improvement Program MATOC

May 22, 2024, 06:30 AM
GlobeNewswire Inc.

Parsons Celebrates 80 Years of Infrastructure Excellence

May 13, 2024, 06:25 AM
GlobeNewswire Inc.

Parsons To Design Advanced Rapid Transit System in San Antonio

May 09, 2024, 06:35 AM
Market Cap
6.41B
Enterprise Value
7.64B
P/E
28.15
P/B
2.42
P/S
1.02
EV / EBITDA
14.71
EV / Sales
1.21
EPS
2.13
Dividend Yield
0%
P/FCF
15.38
P/CF
13.18
Free Cash Flow
417.05M
ROE
8.6%
ROA
3.79%
Debt / Equity
0.57
Current Ratio
1.75
Quick Ratio
1.75
Cash
0.19
Avg Volume
1.43M
Fundamentals Snapshot Price
59.95

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 1.49B 1.6B 1.62B 1.58B 1.55B
Gross profit 357.42M 369.34M 359.86M 348.35M 353.98M
Operating income 89.52M 109.58M 99.69M 95.66M 109.92M
EBITDA 125.44M 140.22M 129.54M 124.25M 137.32M
Net income 52.93M 55.58M 64.12M 55.23M 66.2M
Basic EPS 0.49 0.52 0.6 0.52 0.62
Diluted EPS 0.49 0.51 0.59 0.5 0.6

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 6.01B 5.77B 5.74B 5.72B 5.45B
Total liabilities 3.26B 3B 3.07B 3.1B 2.9B
Total equity 2.75B 2.77B 2.66B 2.62B 2.55B
Cash & equivalents 283.92M 466.39M 422.55M 411.33M 269.75M
Current assets 2.59B 2.68B 2.65B 2.59B 2.4B
Current liabilities 1.48B 1.53B 1.59B 1.61B 1.87B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -3.7M 167.52M 162.85M 159.8M -11.79M
Investing cash flow -364.59M -67.27M -24.01M -102.64M -61.67M
Financing cash flow 186.49M -57.64M -127.26M 81.67M -110.86M
Change in cash -182.47M 43.83M 11.23M 141.58M -183.8M
Kind Filing Date Link
edgar index SD — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
form 4 Form 4 — Ball George L. View Filing
form 4 Form 4 — Ball George L. View Filing
edgar index 4 — PARSONS CORP View Filing
form 4 Form 4 — Holdsworth Mark Keith View Filing
form 4 Form 4 — Holdsworth Mark Keith View Filing
edgar index 4 — PARSONS CORP View Filing
form 4 Form 4 — McMahon Harry T. View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Smith Carey A. View Filing
edgar index 10-Q — PARSONS CORP View Filing
edgar index 8-K — PARSONS CORP View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Ball George L. View Filing
form 4 Form 4 — Ball George L. View Filing
form 4 Form 4 — Holdsworth Mark Keith View Filing
form 4 Form 4 — LEER STEVEN F View Filing
form 4 Form 4 — Long Letitia A View Filing
form 4 Form 4 — Lord Ellen M. View Filing
form 4 Form 4 — McDew Darren W View Filing
form 4 Form 4 — McMahon Harry T. View Filing
form 4 Form 4 — MITCHELL M CHRISTIAN View Filing
form 4 Form 4 — Smith Robert Hanson View Filing
form 4 Form 4 — Vautrinot Suzanne M View Filing
form 4 Form 4 — WAJSGRAS DAVID C View Filing
edgar index DEFA14A — PARSONS CORP View Filing
edgar index ARS — PARSONS CORP View Filing
edgar index 3 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
form 3 Form 3 — Lagasse Soo View Filing
form 4 Form 4 — Lagasse Soo View Filing
form 4 Form 4 — LEER STEVEN F View Filing
form 4 Form 4 — WAJSGRAS DAVID C View Filing
edgar index 8-K — PARSONS CORP View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
form 4 Form 4 — Ofilos Matthew View Filing
form 4 Form 4 — Ofilos Matthew View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Balaguer Susan M. View Filing
form 4 Form 4 — Balaguer Susan M. View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index DEF 14A — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
edgar index 4 — PARSONS CORP View Filing
form 4 Form 4 — Martinez John Thomas View Filing
edgar index 8-K — PARSONS CORP View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Smith Carey A. View Filing
form 4 Form 4 — Ofilos Matthew View Filing
form 4 Form 4 — Ofilos Matthew View Filing
form 4 Form 4 — Balaguer Susan M. View Filing