Parsons Corporation

Parsons Corporation

PSNยทNYSE

$59.95

+0.93%
IndustrialsIndustrial - Machinery

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to the U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small satellite launch and integration, satellite ground systems, fight dynamics, and command, and control solutions to the National Geospatial-Intelligence Agency, National Reconnaissance Office, and multiple units within the U.S. Department of Defense. It also provides missile defense and C5ISR solutions, such as integrated air and missile defense, data fusion and analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems to Defense Intelligence Agency and the U.S. Department of Defense; technology services for energy production systems, aviation, healthcare and bio-surveillance systems, and environmental systems and associated infrastructure, as well as nuclear waste processing and treatment, weapons of mass destruction elimination, program and project management, infectious disease control analytics, and data protection solutions. In addition, the company offers intelligent transportation system management, aviation, rail and transit systems, smart cities software, and critical infrastructure cyber protection to the transportation authorities, rail, and transit entities; engineering services for infrastructure; and program management, and environmental solutions to private-sector industrial clients and public utilities. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.

At a Glance

Live Snapshot
Market Cap$6.41B
EPS2.2600
P/E Ratio26.53
Earnings Date08/05/2026
3Y+101.0%
5Y+65.0%
10Y+141.0%
3Y-39.0%
5Y-27.0%
10Y+767.0%
3Y-315.0%
5Y-162.0%
10Y+16.0%
PSN

Parsons Corporation Cash Conversion Engine

PSN ยท NYSE
Net Income241.14M
Depreciation & Amortization116.49M
Stock-Based Compensation0.00
Change in Working Capital-146.98M
Others223.42M
Capital Expenditures-67.97M
Free Cash Flow410.41M

Cash Flow Quality Analysis

FCF Conversion Rate

170.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

14.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-13.5%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$146.98M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Parsons Corporation Cash Flow Statement

PSN โ€ข NYSE

Parsons Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
OPERATING ACTIVITIES
241.1M
290.7M
207.9M
126.6M
89M
118.9M
137.1M
239.4M
111.5M
-2M
116.5M
99.3M
120M
120.5M
144.2M
128M
125.7M
69.9M
35.2M
42.2M
44.3M
6.1M
-8.9M
-844K
-3.5M
1.3M
-123.3M
-1.5M
5.4M
-1.1M
0.0
56.1M
34.4M
23M
20.2M
15.2M
8.3M
45.2M
40.6M
41.8M
223.4M
157.3M
157.6M
71.6M
50.6M
70M
69.8M
-91M
33.8M
35M
(0.0)
(65.3M)
(74.1M)
(32.2M)
(22.5M)
(55.4M)
(60.5M)
(17.1M)
(14.4M)
-16.3M
-147M
-85.8M
-103.3M
-103.3M
-94.9M
-44.3M
2.7M
58.3M
77.2M
28.9M
478.4M
523.6M
407.7M
237.5M
205.6M
289.2M
220.2M
284.6M
265M
198.6M
INVESTING ACTIVITIES
-68M
-49.2M
-40.4M
-30.6M
-21.1M
-34M
-67.6M
-29.3M
-27.9M
-30.1M
-142.7M
-507.7M
-336.1M
-387.6M
-221.1M
-313.9M
-507M
-474.5M
-27.3M
-1.1M
-83.6M
(0.0)
(0.0)
-17.6M
-38.5M
-11M
-24.6M
-4.7M
-3.5M
-5.2M
40.2M
0.0
0.0
9.4M
15.6M
53K
12.4M
11.4M
2M
4M
0.0
179K
546K
9M
24.2M
12.5M
16M
439K
2.3M
1.9M
-254M
-556.7M
-376M
-417.5M
-240.9M
-346.4M
-570.8M
-503.3M
-53M
-29.3M
FINANCING ACTIVITIES
-116.1M
-17.1M
-4.9M
-16.6M
-16.1M
4.4M
530.6M
-125.8M
-111.4M
-148.7M
-16M
302.4M
0.0
150M
-50M
400M
-180M
180M
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-52.1M
(0.0)
(0.0)
(0.0)
-125M
-25M
-11M
-22M
-21.7M
(0.0)
-6.3M
-125.8M
-111.4M
-148.7M
-83.6M
-66.6M
-16.9M
-20.6M
-40.4M
-56.2M
-32.5M
1.2M
-48.8M
-36.5M
-215.7M
218.7M
-21.9M
100.4M
-106.5M
348.2M
266M
55.4M
-160.2M
-185.2M
CASH FLOW SUMMARY
4.1M
-5M
546K
-1.8M
-1.5M
823K
-1.3M
-1.7M
1.2M
-1.2M
12.8M
180.6M
10.4M
-81.3M
-143.3M
291.8M
-85.8M
-164.9M
53.1M
-17.2M
453.5M
272.9M
262.5M
343.9M
487.2M
195.4M
281.2M
446.1M
393M
410.2M
466.4M
453.5M
272.9M
262.5M
343.9M
487.2M
195.4M
281.2M
446.1M
393M
410.4M
474.4M
367.3M
206.9M
184.5M
255.1M
152.6M
255.4M
237.1M
168.5M

SEC Filings

PSN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 14, 2026
2026
8-K

8-K 2026

N/A

March 17, 2026
March 17, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

February 26, 2026
February 20, 2026
2026
8-K

8-K 2026

N/A

February 11, 2026
February 11, 2026
2026
10-K

10-K 2025 FY

FY

February 11, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 15, 2026
January 15, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
Showing 1 to 10 of 107 filings