Parsons (PSN) stock price, revenue, and financials

Parsons market cap is $3.7 b, and annual revenue was $3.92 b in FY 2020

$3.7 B

PSN Mkt cap, 25-May-2022

$879.4 M

Parsons Revenue Q2, 2021
Parsons Gross profit (Q2, 2021)199 M
Parsons Gross profit margin (Q2, 2021), %22.6%
Parsons Net income (Q2, 2021)12 M
Parsons EBIT (Q2, 2021)20.2 M
Parsons Cash, 30-Jun-2021483.4 M
Parsons EV4.1 B
Get notified regarding key financial metrics and revenue changes at ParsonsLearn more
Banner background

Parsons Revenue

Parsons revenue was $3.92 b in FY, 2020 which is a 0.9% year over year decrease from the previous period.

Embed Graph

Parsons Revenue Breakdown

Embed Graph

Parsons revenue breakdown by business segment: 48.8% from Federal Solutions and 51.2% from Critical Infrastructure

Parsons revenue breakdown by geographic segment: 17.5% from Middle East, 82.1% from North America and 0.5% from Other

Parsons Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

3.6b4.0b3.9b

Revenue growth, %

18%11%(1%)

Cost of goods sold

2.8b3.1b3.0b

Gross profit

765.5m831.8m876.9m

Gross profit Margin, %

21%21%22%

General and administrative expense

634.3m781.4m729.1m

Operating expense total

634.3m781.4m729.1m

EBIT

205.0m92.1m177.8m

EBIT margin, %

6%2%5%

Interest expense

20.8m23.7m21.0m

Interest income

2.7m1.3m787.0k

Investment income

36.9m41.7m30.1m

Pre tax profit

259.8m67.2m161.4m

Income tax expense

20.4m(69.9m)42.5m

Net Income

222.3m137.1m118.9m

EPS

8.31.31.0

Parsons Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

280.2m182.7m483.6m

Accounts Receivable

623.3m671.5m698.6m

Prepaid Expenses

69.0m84.5m80.8m

Current Assets

1.5b1.5b1.8b

PP&E

91.8m122.8m121.0m

Goodwill

1.0b1.3b

Total Assets

2.6b3.5b3.9b

Accounts Payable

226.3m216.6m225.7m

Short-term debt

50.0m104.1m

Current Liabilities

1.0b1.1b1.2b

Long-term debt

429.2m453.0m722.5m

Total Debt

429.2m503.0m826.6m

Total Liabilities

3.5b1.8b2.1b

Common Stock

146.4m146.6m

Additional Paid-in Capital

2.6b2.7b

Retained Earnings

12.4m(218.0m)(120.6m)

Total Equity

(921.1m)1.7b1.9b

Debt to Equity Ratio

-0.5 x0.3 x0.4 x

Debt to Assets Ratio

0.2 x0.1 x0.2 x

Financial Leverage

-2.8 x2.1 x2.1 x

Parsons Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

239.4m137.1m118.9m

Depreciation and Amortization

69.9m125.7m128.0m

Accounts Receivable

461.3m(30.2m)(8.6m)

Accounts Payable

5.6m(17.1m)1.5m

Cash From Operating Activities

284.6m220.2m289.2m

Purchases of PP&E

(29.3m)(67.6m)(34.0m)

Cash From Investing Activities

(503.3m)(570.8m)(346.4m)

Long-term Borrowings

(80.5m)(777.2m)(212.9m)

Dividends Paid

(52.1m)(5.8m)

Cash From Financing Activities

55.4m266.0m348.2m

Net Change in Cash

(164.9m)(85.8m)291.8m

Interest Paid

16.8m23.3m14.2m

Income Taxes Paid

17.1m60.5m55.4m

Parsons Ratios

USDFY, 2018

Debt/Equity

-0.5 x

Debt/Assets

0.2 x

Financial Leverage

-2.8 x

Parsons Operating Metrics

Parsons's Backlog was reported to be $7.7b in Q2, 2020. Parsons's Customers was reported to be 1.8 k in FY, 2019.
FY, 2017Feb, 2018Q1, 2018Q2, 2018Nov, 2018FY, 2018Q1, 2019May, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Backlog

$6.42 b$6.32 b$7.75 b$7.97 b$8.55 b$8.5 b$7.96 b$8.03 b$7.8 b$7.72 b

Backlog (Federal Solutions)

$3.26 b$3.16 b$4.61 b$4.49 b$5.11 b$5.03 b$4.84 b$5.04 b$5.05 b$4.96 b

Backlog (Critical Infrastructure)

$3.16 b$3.16 b$3.14 b$3.48 b$3.44 b$3.47 b$3.13 b$3 b$2.75 b$2.76 b

Book-to-Bill Ratio

113%81%120%126%135%120%120%110%100%100%

Countries

30

Facilities

238

Customers

1.8 k

Locations

202

Patents and Patent Applications

232323

Trademarks

3131

Parsons Employee Rating

3.91475 votes
Culture & Values
3.8
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
3.8
Career Opportunities
3.7
Source