Parsons Financial Statements From 2010 to 2025

PSN Stock  USD 58.87  0.35  0.59%   
Parsons Corp financial statements provide useful quarterly and yearly information to potential Parsons Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Parsons Corp financial statements helps investors assess Parsons Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Parsons Corp's valuation are summarized below:
Gross Profit
1.4 B
Profit Margin
0.0348
Market Capitalization
6.2 B
Enterprise Value Revenue
1.0642
Revenue
6.8 B
We have found one hundred twenty available trending fundamental ratios for Parsons Corp, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Parsons Corp's recent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Parsons Corp Total Revenue

4.39 Billion

Check Parsons Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parsons Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75.9 M, Interest Expense of 54.2 M or Selling General Administrative of 1 B, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.011 or PTB Ratio of 2.11. Parsons financial statements analysis is a perfect complement when working with Parsons Corp Valuation or Volatility modules.
  
Check out the analysis of Parsons Corp Correlation against competitors.
To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.

Parsons Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding107.9 M111.1 M98.4 M
Slightly volatile
Short and Long Term Debt Total853.4 M1.4 B613.9 M
Slightly volatile
Property Plant And Equipment Net265.1 M264.6 M175.4 M
Slightly volatile
Current Deferred Revenue231.3 M346.3 M191.6 M
Slightly volatile
Non Current Assets Total2.2 BB1.5 B
Slightly volatile
Non Currrent Assets Other59.5 M56.1 M43.3 M
Slightly volatile
Cash And Short Term Investments367.3 M453.5 M384.7 M
Slightly volatile
Net Receivables1.4 B1.1 B1.2 B
Slightly volatile
Long Term Debt Total514.4 M855.1 M416.5 M
Slightly volatile
Liabilities And Stockholders Equity4.2 B5.5 B3.2 B
Slightly volatile
Non Current Liabilities Total901.5 MB667.2 M
Slightly volatile
Net Invested Capital2.6 B3.7 B1.8 B
Slightly volatile
Property Plant And Equipment Gross343.5 M551 M215.9 M
Slightly volatile
Non Current Liabilities Other119.3 M67.1 M122.4 M
Pretty Stable
Cash And Equivalents266.2 M236.3 M367.4 M
Slightly volatile
Net Working Capital620 M546.8 M563.1 M
Slightly volatile

Parsons Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense54.2 M51.6 M21.1 M
Slightly volatile
Selling General AdministrativeB955 M560.3 M
Pretty Stable
Total Revenue4.4 B6.8 B3.8 B
Slightly volatile
Gross Profit945 M1.4 B813.6 M
Slightly volatile
Other Operating Expenses4.2 B6.3 B3.6 B
Slightly volatile
Operating Income449.5 M428.1 M194 M
Slightly volatile
EBIT210.6 M419.2 M185.4 M
Slightly volatile
EBITDA286.5 M518.5 M221.4 M
Slightly volatile
Cost Of Revenue3.4 B5.3 BB
Slightly volatile
Total Operating Expenses759.8 M978.4 M645.7 M
Slightly volatile
Income Before Tax386 M367.7 M173.8 M
Slightly volatile
Interest IncomeM11.4 M11.7 M
Slightly volatile
Reconciled Depreciation115.5 M99.3 M75.1 M
Slightly volatile
Selling And Marketing Expenses870.4 M954 M777.7 M
Slightly volatile

Parsons Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation30.4 M56.1 M33.1 M
Slightly volatile
Free Cash Flow287.3 M523.6 M228.1 M
Slightly volatile
Begin Period Cash Flow274.9 M272.9 M364.3 M
Slightly volatile
Depreciation108.1 M99.3 M77.9 M
Slightly volatile
Capital Expenditures40.4 M49.2 M34.4 M
Slightly volatile
Total Cash From Operating Activities321.7 M523.6 M259.1 M
Slightly volatile
End Period Cash Flow278.7 M453.5 M360.8 M
Slightly volatile
Issuance Of Capital Stock7.5 M7.9 M337.8 M
Slightly volatile
Cash Flows Other Operating44 M71.9 M50 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.781.45250.9376
Slightly volatile
Dividend Yield0.0110.01230.0134
Slightly volatile
PTB Ratio2.114.05792.8071
Slightly volatile
Days Sales Outstanding56.5259.4978115
Slightly volatile
Book Value Per Share14.4223.844814.3197
Slightly volatile
Free Cash Flow Yield0.07220.05340.0676
Slightly volatile
Operating Cash Flow Per Share2.464.92622.8159
Slightly volatile
Stock Based Compensation To Revenue0.00870.00730.0101
Slightly volatile
Capex To Depreciation0.470.390.538
Slightly volatile
PB Ratio2.114.05792.8071
Slightly volatile
EV To Sales0.881.59490.9271
Slightly volatile
Free Cash Flow Per Share5.174.92622.6539
Slightly volatile
ROIC0.07490.08280.0825
Slightly volatile
Inventory Turnover2.1 KK873
Slightly volatile
Payables Turnover27.0325.743914.6015
Slightly volatile
Sales General And Administrative To Revenue0.00730.00760.1337
Slightly volatile
Average Inventory0.430.45159.4 K
Slightly volatile
Capex To Revenue0.01010.00850.0095
Pretty Stable
Cash Per Share3.864.2674.4322
Slightly volatile
POCF Ratio11.6918.726613.4955
Slightly volatile
Payout Ratio0.340.390.4238
Slightly volatile
Capex To Operating Cash Flow0.150.110.1427
Pretty Stable
PFCF Ratio13.4918.726615.685
Slightly volatile
Days Payables Outstanding27.0514.178127.7612
Slightly volatile
ROE0.09570.09730.1042
Slightly volatile
EV To Operating Cash Flow13.0420.56212.6149
Slightly volatile
Return On Tangible Assets0.06450.07690.0575
Very volatile
EV To Free Cash Flow15.0220.56214.401
Slightly volatile
Intangibles To Total Assets0.310.44330.3115
Slightly volatile
Current Ratio1.621.28541.5169
Pretty Stable
Tangible Book Value Per Share0.910.95842.9225
Slightly volatile
Receivables Turnover6.446.13473.3816
Slightly volatile
Graham Number18.2733.632719.6996
Slightly volatile
Shareholders Equity Per Share13.9722.733713.8566
Slightly volatile
Debt To Equity0.340.58540.3744
Slightly volatile
Capex Per Share0.420.440.3851
Very volatile
Average Receivables880.9 M991 M1.1 B
Slightly volatile
Revenue Per Share33.3663.510339.4476
Slightly volatile
Interest Debt Per Share14.4813.79426.2897
Slightly volatile
Debt To Assets0.150.25780.1515
Slightly volatile
Enterprise Value Over EBITDA12.7820.765215.4216
Pretty Stable
Short Term Coverage Ratios0.961.01459.7017
Slightly volatile
Operating Cycle56.5259.4978115
Slightly volatile
Price Book Value Ratio2.114.05792.8071
Slightly volatile
Days Of Payables Outstanding27.0514.178127.7612
Slightly volatile
Dividend Payout Ratio0.340.390.4238
Slightly volatile
Price To Operating Cash Flows Ratio11.6918.726613.4955
Slightly volatile
Price To Free Cash Flows Ratio13.4918.726615.685
Slightly volatile
Pretax Profit Margin0.03190.05450.0367
Pretty Stable
Ebt Per Ebit0.690.85890.8157
Very volatile
Operating Profit Margin0.03510.06340.0412
Pretty Stable
Company Equity Multiplier2.542.27112.5925
Slightly volatile
Long Term Debt To Capitalization0.190.2710.2395
Very volatile
Total Debt To Capitalization0.240.36930.2694
Slightly volatile
Return On Capital Employed0.09110.11980.0992
Slightly volatile
Debt Equity Ratio0.340.58540.3744
Slightly volatile
Ebit Per Revenue0.03510.06340.0412
Pretty Stable
Quick Ratio1.621.28541.5159
Pretty Stable
Dividend Paid And Capex Coverage Ratio6.389.087.4255
Slightly volatile
Cash Ratio0.310.23680.3523
Slightly volatile
Cash Conversion Cycle43.0545.319788.4161
Slightly volatile
Operating Cash Flow Sales Ratio0.07680.07760.0685
Pretty Stable
Days Of Sales Outstanding56.5259.4978115
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.690.810.8423
Pretty Stable
Cash Flow Coverage Ratios0.530.37010.738
Slightly volatile
Price To Book Ratio2.114.05792.8071
Slightly volatile
Fixed Asset Turnover23.6825.510227.3142
Slightly volatile
Capital Expenditure Coverage Ratio6.519.087.5222
Slightly volatile
Price Cash Flow Ratio11.6918.726613.4955
Slightly volatile
Enterprise Value Multiple12.7820.765215.4216
Pretty Stable
Debt Ratio0.150.25780.1515
Slightly volatile
Cash Flow To Debt Ratio0.530.37010.738
Slightly volatile
Price Sales Ratio0.781.45250.9376
Slightly volatile
Return On Assets0.03980.04280.0393
Slightly volatile
Asset Turnover1.251.23011.2301
Slightly volatile
Gross Profit Margin0.180.20830.2115
Very volatile
Price Fair Value2.114.05792.8071
Slightly volatile
Return On Equity0.09570.09730.1042
Slightly volatile

Parsons Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.5 B3.3 B3.3 B
Slightly volatile
Enterprise Value3.2 B3.6 B3.9 B
Slightly volatile

Parsons Fundamental Market Drivers

Forward Price Earnings14.9254
Cash And Short Term Investments453.5 M

Parsons Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Parsons Corp Financial Statements

Parsons Corp investors utilize fundamental indicators, such as revenue or net income, to predict how Parsons Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue346.3 M231.3 M
Total Revenue6.8 B4.4 B
Cost Of Revenue5.3 B3.4 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.01  0.01 
Revenue Per Share 63.51  33.36 
Ebit Per Revenue 0.06  0.04 

Pair Trading with Parsons Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Parsons Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Parsons Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Parsons Stock

  0.86DMRC DigimarcPairCorr

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The ability to find closely correlated positions to Parsons Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parsons Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Parsons Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Parsons Corp to buy it.
The correlation of Parsons Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parsons Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parsons Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Parsons Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Parsons Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Parsons Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Parsons Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Parsons Corp Stock:
Check out the analysis of Parsons Corp Correlation against competitors.
To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parsons Corp. If investors know Parsons will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parsons Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.641
Earnings Share
2.12
Revenue Per Share
63.52
Quarterly Revenue Growth
0.161
Return On Assets
0.0556
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parsons Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.