PSNNYSEServices-Computer Integrated Systems DesignFiscal year ends December 31
PARSONS CORP
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$44.18+0.03 (+0.07%)
Close on Oct 19, 2026
- Market cap
- $4.79B
- P/E (TTM)
- 21.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
22.5%+0.1 pts over 5 years
Operating margin
6.6%+2.0 pts over 5 years
Net margin
3.8%+1.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.7% | +14.9% | +10.2% | – | |
| Gross profit | +1.8% | +14.8% | +10.3% | – | |
| Operating income | -2.3% | +31.1% | +18.6% | – | |
| Net income | +2.6% | +35.6% | +19.6% | – | |
| EPS, diluted | +3.8% | +36.2% | +17.8% | – | |
| Free cash flow | -13.5% | +25.6% | +10.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 5.7% | 9.5% | |
| Return on assets | – | 2.7% | 4.3% | |
| Current ratio | – | 1.55 | 1.75 | |
| Debt to equity | – | 0.33 | 0.47 | |
| Net debt to EBITDA | – | 0.35× | 1.44× | |
| Interest coverage | – | 8.5× | 8.1× | |
| Capex to revenue | – | 0.9% | 1.1% | |
| Diluted shares | – | 101M | 110M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Parsons generated $1.85B from operations and spent $413.97M on capital expenditure, dividends and share buybacks. 51% of that went back into the business.
Generated
$1.85B
Used
$413.97M
Capital expenditure$209.28M51%Dividends$00%Share buybacks$204.70M49%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.8%
×Asset turnover1.13×
×Equity multiplier2.23×
=Return on equity, FY20259.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.8% | 1.13× | 2.23× | 9.5% |
| FY2024 | 3.5% | 1.31× | 2.19× | 10.0% |
| FY2023 | 3.0% | 1.21× | 2.08× | 7.4% |
| FY2022 | 2.3% | 1.05× | 2.04× | 4.9% |
| FY2021 | 1.8% | 0.94× | 2.09× | 3.4% |
| FY2020 | 2.5% | 1.06× | 2.15× | 5.7% |
| FY2019 | 3.0% | 1.30× | 9.15× | 36.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$241.14M
- Cash generatingOperating cash flow above zero$478.38M
- Return on assets improvedROA up on the prior year4.9% → 4.4%
- Earnings backed by cashOperating cash flow above net income$478.38M vs $241.14M
- Less leverageLong-term debt to assets fell14.3% → 21.5%
- Better liquidityCurrent ratio rose1.29 → 1.75
- No dilutionShare count did not rise112M → 110M
- Gross margin improvedGross margin up on the prior year20.83% → 22.49%
- More efficientAsset turnover rose1.41 → 1.16