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.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.4B | 6.4B | 6.8B | 5.4B | 4.2B | 3.7B |
| Net Income | 241M | 241M | 235M | 161M | 97M | 64M |
| EPS | $2.20 | $2.20 | $2.12 | $1.42 | $0.87 | $0.59 |
| Free Cash Flow | 410M | 410M | 474M | 367M | 207M | 184M |
| ROIC | 9.0% | 9.3% | 10.2% | 8.3% | 5.8% | 4.9% |
| Gross Margin | 22.5% | 22.5% | 20.8% | 22.2% | 22.6% | 23.3% |
| Debt/Equity | 0.52 | 0.52 | 0.78 | 0.40 | 0.45 | 0.42 |
| Dividends/Share | $0.00 | - | - | - | - | $0.00 |
| Operating Income | 418M | 418M | 428M | 288M | 186M | 132M |
| Operating Margin | 6.6% | 6.6% | 6.3% | 5.3% | 4.4% | 3.6% |
| ROE | 9.1% | 9.5% | 10.0% | 7.4% | 4.9% | 3.4% |
| Shares Outstanding | 110M | 110M | 53M | 46M | 41M | 33M |
PARSONS CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
PARSONS CORP trades at 25.5x trailing earnings, compared to its 15-year median P/E of 43.9x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 14.4x vs a median of 7.9x. The company's 5-year average ROIC is 7.7% with a gross margin of 22.3%. Total shareholder yield (buybacks) is 2.0%. At current prices, the estimated annualized return to fair value is +10.4%.
PARSONS CORP (PSN) has a current P/E ratio of 25.5, compared to its historical median P/E of 43.9. The stock is currently considered Cheap based on its historical valuation range.
PARSONS CORP (PSN) has a 5-year average return on invested capital (ROIC) of 7.7%. This is below average and may indicate limited pricing power.
PARSONS CORP (PSN) has a market capitalization of $6.1B. It is classified as a mid-cap stock.
PARSONS CORP (PSN) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 2.04%.
Based on historical P/E analysis, PARSONS CORP (PSN) appears cheap. The current P/E of 25.5 is 42% below its historical median of 43.9. The estimated fair value CAGR (P/E method) is 2.2%.
PARSONS CORP (PSN) operates in the Services-Computer Integrated Systems Design industry, within the Technology sector.
PARSONS CORP (PSN) reported annual revenue of $6.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
PARSONS CORP (PSN) has a net profit margin of 3.8%. This is a modest margin.
PARSONS CORP (PSN) generated $410 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
PARSONS CORP (PSN) has a debt-to-equity ratio of 0.52. This indicates moderate leverage.
PARSONS CORP (PSN) reported earnings per share (EPS) of $2.20 in its most recent fiscal year.
PARSONS CORP (PSN) has a return on equity (ROE) of 9.5%. This indicates moderate shareholder returns.
PARSONS CORP (PSN) has a 5-year average gross margin of 22.3%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for PARSONS CORP (PSN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PARSONS CORP (PSN) has a book value per share of $24.10, based on its most recent annual SEC filing.
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