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Parsons Corporation

PSN

NYSETechnologyInformation Technology Services

Previous close

$49.05

+$2.99 · +6.49%

Aug 21, 4:00 PM ET

Pre-market

$49.8028

+$0.7528 · +1.53%

Aug 24, 8:33 AM ET

PSN company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

79

Undervalued

Momentum

38

Weakening

Sentiment

69

Bullish

Risk resilience

51

Elevated Risk

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Company profile

Company website

Parsons Corporation is a global provider of comprehensive solutions and services, primarily operating in the defense, intelligence, and critical infrastructure sectors. Its reach extends across North America, the Middle East, and other international regions. The company organizes its operations into two main divisions: Federal Solutions and Critical Infrastructure. Within its Federal Solutions segment, Parsons delivers advanced cybersecurity and intelligence capabilities. This includes developing and deploying offensive and defensive cyber platforms, tools, and operational support for clients like the U.S. Department of Defense and the wider U.S. intelligence community. It also specializes in space and geospatial technologies, offering expertise in areas such as geospatial intelligence, threat assessment, space situational awareness, small satellite deployment and integration, ground control systems, flight dynamics, and command and control solutions. Key beneficiaries of these services include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and various branches of the U.S. DoD. Furthermore, Parsons provides sophisticated missile defense and C5ISR (Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance) solutions, encompassing integrated air and missile defense, data fusion, analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems, serving entities like the Defense Intelligence Agency and the DoD. The company's technology services in this segment also cover critical infrastructure components such as energy production, aviation, healthcare, bio-surveillance, and environmental systems, alongside associated infrastructure. This extends to specialized areas like nuclear waste processing, WMD elimination, program/project management, infectious disease analytics, and data protection. The Critical Infrastructure segment focuses on enhancing urban and public systems. Offerings here include intelligent transportation system management, aviation, rail, and transit system solutions, smart city software development, and robust cybersecurity for critical infrastructure assets. These services are provided to transportation authorities and rail/transit operators. Parsons also delivers essential engineering, program management, and environmental solutions to private industrial clients and public utility providers. Established in 1944, Parsons Corporation maintains its headquarters in Centreville, Virginia.

Industry
Information Technology Services
Sector
Technology
Headquarters
US
CEO
Carey A. Smith
Listed since
May 8, 2019
Employees
21,000

Market position

Day range

Current $49.05

52-week range

Current $49.05

Open
$48.05
Previous close
$46.06
Volume
1.1M
0.79× average
Average volume
1.39M
Average daily volume
Market cap
5.24B USD
Beta
0.69
Market reference 1
50-day average
$51.964
-5.61% below average
200-day average
$60.6711
-19.15% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.52B USD
P/E (TTM)
33.37×
P/B (TTM)
2.03×
P/S (TTM)
0.83×
EV / EBITDA
13.66×
Earnings yield
3.65%
Free cash flow yield
6.22%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
21.50%
Operating margin
4.85%
Net margin
2.50%
Return on equity
9.13%
Return on assets
4.18%
Return on invested capital
7.88%

Financial health

Debt / equity
0.62×
Current ratio
1.75×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%17%8%-0%Gross margin, FY2021: 23.30%Gross margin, FY2022: 22.57%Gross margin, FY2023: 22.16%Gross margin, FY2024: 20.83%Gross margin, FY2025: 22.49%Operating margin, FY2021: 3.62%Operating margin, FY2022: 4.43%Operating margin, FY2023: 5.30%Operating margin, FY2024: 6.34%Operating margin, FY2025: 6.57%Net margin, FY2021: 1.75%Net margin, FY2022: 2.30%Net margin, FY2023: 2.96%Net margin, FY2024: 3.48%Net margin, FY2025: 3.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.30%. Gross margin FY2022 22.57%. Gross margin FY2023 22.16%. Gross margin FY2024 20.83%. Gross margin FY2025 22.49%. Operating margin FY2021 3.62%. Operating margin FY2022 4.43%. Operating margin FY2023 5.30%. Operating margin FY2024 6.34%. Operating margin FY2025 6.57%. Net margin FY2021 1.75%. Net margin FY2022 2.30%. Net margin FY2023 2.96%. Net margin FY2024 3.48%. Net margin FY2025 3.79%.

Income trends

Revenue

6.36B USD-5.72%

Operating income

418.19M USD-2.31%

Net income

241.14M USD+2.59%
Income trends across reported periods7.42B USD4.74B USD2.07B USD−604.58M USDRevenue, FY2021: 3.66B USDRevenue, FY2022: 4.2B USDRevenue, FY2023: 5.44B USDRevenue, FY2024: 6.75B USDRevenue, FY2025: 6.36B USDOperating income, FY2021: 132.45M USDOperating income, FY2022: 185.67M USDOperating income, FY2023: 288.36M USDOperating income, FY2024: 428.07M USDOperating income, FY2025: 418.19M USDNet income, FY2021: 64.07M USDNet income, FY2022: 96.66M USDNet income, FY2023: 161.15M USDNet income, FY2024: 235.05M USDNet income, FY2025: 241.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.66B USD. Revenue FY2022 4.2B USD. Revenue FY2023 5.44B USD. Revenue FY2024 6.75B USD. Revenue FY2025 6.36B USD. Operating income FY2021 132.45M USD. Operating income FY2022 185.67M USD. Operating income FY2023 288.36M USD. Operating income FY2024 428.07M USD. Operating income FY2025 418.19M USD. Net income FY2021 64.07M USD. Net income FY2022 96.66M USD. Net income FY2023 161.15M USD. Net income FY2024 235.05M USD. Net income FY2025 241.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.36B USD6.75B USD5.44B USD4.2B USD3.66B USD
Cost of goods sold4.93B USD5.34B USD4.24B USD3.25B USD2.81B USD
Gross profit1.43B USD1.41B USD1.21B USD946.72M USD852.82M USD
Selling, general, and administrative1.01B USD955M USD869.91M USD777.4M USD757.24M USD
Operating expenses1.01B USD978.36M USD917.66M USD761.06M USD720.38M USD
Interest income6.88M USD11.43M USD2.19M USD966K USD396K USD
Interest expense51.3M USD51.58M USD31.5M USD23.19M USD17.7M USD
Depreciation and amortization116.49M USD99.25M USD119.97M USD120.5M USD144.21M USD
Operating income418.19M USD428.07M USD288.36M USD185.67M USD132.45M USD
Net income241.14M USD235.05M USD161.15M USD96.66M USD64.07M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
-2.34%
11 comparable reports
Latest EPS result
-0.06
Estimate 0.76 · Miss by 107.94%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.990.610.24-0.14Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 0.78, estimate 0.91, surprise -14.29%, Miss. Q2 2025, reported Apr 30, 2025: actual 0.78, estimate 0.74, surprise +5.41%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.78, estimate 0.74, surprise +5.41%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.86, estimate 0.788, surprise +9.14%, Beat. Q1 2026, reported Feb 11, 2026: actual 0.75, estimate 0.8, surprise -6.25%, Miss. Q2 2026, reported Apr 29, 2026: actual 0.79, estimate 0.7, surprise +12.86%, Beat. Q3 2026, reported Jul 29, 2026: actual -0.06, estimate 0.756, surprise -107.94%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.81, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.83B1.69B1.56B1.42BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 1.73B USD, estimate 1.76B USD, surprise -1.32%, Miss. Q2 2025, reported Apr 30, 2025: actual 1.55B USD, estimate 1.63B USD, surprise -4.41%, Miss. Q3 2025, reported Aug 6, 2025: actual 1.58B USD, estimate 1.6B USD, surprise -0.83%, Miss. Q4 2025, reported Nov 5, 2025: actual 1.62B USD, estimate 1.66B USD, surprise -2.26%, Miss. Q1 2026, reported Feb 11, 2026: actual 1.6B USD, estimate 1.67B USD, surprise -3.91%, Miss. Q2 2026, reported Apr 29, 2026: actual 1.49B USD, estimate 1.5B USD, surprise -0.62%, Miss. Q3 2026, reported Jul 29, 2026: actual 1.58B USD, estimate 1.61B USD, surprise -1.94%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.63B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions

PSN peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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