Craft

Parsons

Stock Price

$81.2

2024-06-26

Market Capitalization

$8.6 B

2024-06-26

Revenue

$5.4 B

FY, 2023

Parsons Summary

Company Summary

Overview
Parsons is a company that provides software and hardware products, technical services, and integrated solutions for defense, intelligence, and critical infrastructure markets. It operates in two segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment offers critical technologies, including cybersecurity, missile defense, intelligence, space launch and ground systems, space and weapon system resiliency, etc. The Critical Infrastructure segment develops digital solutions focused on aviation, rail and transit, bridges, roads and highways, etc.
Type
Public
Status
Active
Founded
1944
HQ
Chantilly, VA, US | view all locations
Website
https://www.parsons.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Carey Smith

    Carey Smith, Chair, President, And Chief Executive Officer

  • Ricardo Lorenzo

    Ricardo Lorenzo, Chief Technology Officer

  • Jason Yaley

    Jason Yaley, Chief Communications Officer

  • Wendy Van Wickle

    Wendy Van Wickle, Chief Business Operations Officer

    Operating MetricsView all

    Backlog

    $8.6B
    5.1%

    FY, 2023

    Backlog (Critical Infrastructure)

    $3.6B
    9.4%

    FY, 2023

    Book-to-Bill Ratio, percent

    110.0%
    10.0%

    FY, 2023

    LocationsView all

    140 locations detected

    • Chantilly, VA HQ

      United States

      14291 Park Meadow Dr #100

    • Aberdeen Proving Ground, MD

      United States

      6210 Guardian Gateway #200

    • Alexandria, VA

      United States

      1725 Duke St #240

    • Altoona, PA

      United States

      601 Valley View Blvd

    • Annapolis Junction, MD

      United States

      133 National Business Pkwy #150

    • Ann Arbor, MI

      United States

      2723 S State St

    and 134 others

    Parsons Financials

    Summary Financials

    Revenue (Q1, 2024)
    $1.5B
    Gross profit (Q1, 2024)
    $324.8M
    Net income (Q1, 2024)
    ($92.1M)
    Cash (Q1, 2024)
    $423.1M
    EBIT (Q1, 2024)
    $101.8M
    Enterprise value
    $9.5B

    Footer menu