PARSONS CORP
Close on Oct 19, 2026
- Market cap
- $4.79B
- P/E (TTM)
- 21.1
- Dividend yield
- –
About Parsons
Services-Computer Integrated Systems Design, SIC 7373
Parsons Corporation delivers technology, engineering, and technical solutions through two primary operational divisions: Federal Solutions and Critical Infrastructure. The Federal Solutions segment focuses on defense and intelligence capabilities, engineered systems, and specialized technical operations. The Critical Infrastructure segment provides engineering, design, and project management services for large-scale infrastructure assets. The company delivers these offerings under various contractual structures, including fixed-price, time-and-materials, and cost-plus agreements, serving public sector clients such as governmental entities along with commercial and institutional organizations.
The organization maintains primary operational hubs and administrative activities across North America, the Middle East, and selected international regions. Its activities extend through multiple locations including jurisdictions such as California, Florida, Maryland, Texas, and Virginia, along with presence in the Kingdom of Saudi Arabia. Corporate operations and executive management are centralized at its principal executive offices located in Chantilly, Virginia.
Summary of the business section of Parsons's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PARSONS CORP
- Founded
- 1944
- Headquarters
- Centreville, VA
- Address
- 5875 Trinity Pkwy #300 20120
- Phone
- (703) 988-8500
- Website
- www.parsons.com
- Employees
- 400, Dec 31, 2025
- Industry
- Services-Computer Integrated Systems Design
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Los Angeles, California
Stock & identifiers
- Ticker
- PSN
- Exchange
- NYSE
- IPO date
- May 9, 2019
- Shares outstanding
- 107M, Jul 21, 2026
- Public float
- $7.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 275880
- CUSIP
- 70202L102
- ISIN
- US70202L1026
- LEI
- 549300ZXH0VRBSEPX752
- EIN
- 95-3232481
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Carey A. Smith | President & CEO, Director | 580,352 |
| Soo Lagasse | Chief Human Resources Officer | 8,804 |
| Matthew Ofilos | Chief Financial Officer | 77,280 |
| Susan M. Balaguer | Chief Human Resources Officer | 38,908 |
| John Thomas Martinez | Chief Legal Officer | 55,008 |
| Michael Richard Kolloway | See Remarks | 94,012 |
| George L. Ball | Director | 375,383 |
| David C. Wajsgras | Director | 40,684 |
| Steven F. Leer | Director | 34,238 |
| Mark Keith Holdsworth | Director | 33,164 |
| Harry T. McMahon | Director | 61,582 |
| Ellen M. Lord | Director | 14,597 |
| Suzanne M. Vautrinot | Director | 29,918 |
| Letitia A. Long | Director | 25,175 |
| M. Christian Mitchell | Director | 29,918 |
| Robert Hanson Smith | Director | 3,673 |
| Darren W. McDew | Director | 25,175 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Carey ASmith | $7.27M | -$4.94M | $1.65M | $170 | $174 |
| FY2024 Carey ASmith | $11.01M | $25.82M | $2.42M | $253 | $165 |
| FY2023 Carey ASmith | $18.60M | $25.55M | $2.16M | $172 | $144 |
| FY2022 Carey A.Smith | $6.97M | $10.07M | $1.95M | $127 | $124 |
| FY2022 Carey ASmith | $6.97M | $10.63M | $1.95M | $127 | $124 |
| FY2021 Carey A.Smith | $5.35M | $3.97M | $1.50M | $92 | $121 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We are signatory to approximately 10 active union collective bargaining agreements as of December 31, 2025 and employ more than 400 employees represented by unions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 7, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 19, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 9, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| May 3, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 11, 2019 | Name change | Name changed from PARSON CORP to PARSONS CORP |