Parsons Corp financial data

Symbol
PSN on NYSE
Industry
Services-Computer Integrated Systems Design
Location
5875 Trinity Pkwy #300, Centreville, VA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
PARSON CORP (to 2/11/2019)
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 164 % +8.13%
Debt-to-equity 121 % +14.6%
Return On Equity 2.36 % -60.7%
Return On Assets 1.09 % -63.4%
Operating Margin 6.11 % +19.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 106M shares +1.24%
Common Stock, Shares, Outstanding 50M shares +14.6%
Entity Public Float 5B USD +19%
Common Stock, Value, Issued 147M USD +0.26%
Weighted Average Number of Shares Outstanding, Basic 106M shares +1.33%
Weighted Average Number of Shares Outstanding, Diluted 111M shares -3.65%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.12B USD +28.3%
Operating Income (Loss) 374M USD +52.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 126M USD -43.3%
Income Tax Expense (Benefit) 19.6M USD -62.7%
Net Income (Loss) Attributable to Parent 54.2M USD -57.2%
Earnings Per Share, Basic 0.52 USD/shares -56.7%
Earnings Per Share, Diluted 0.43 USD/shares -61.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 528M USD +196%
Accounts Receivable, after Allowance for Credit Loss, Current 1.04B USD +9.84%
Assets, Current 2.57B USD +30%
Deferred Income Tax Assets, Net 163M USD +12.4%
Property, Plant and Equipment, Net 98.2M USD +3.1%
Operating Lease, Right-of-Use Asset 136M USD -18.4%
Intangible Assets, Net (Excluding Goodwill) 248M USD +3.24%
Goodwill 1.79B USD +5.8%
Other Assets, Noncurrent 71.7M USD +4.64%
Assets 5.24B USD +16.2%
Accounts Payable, Current 253M USD +6.58%
Contract with Customer, Liability, Current 298M USD +1.95%
Liabilities, Current 1.43B USD +10.2%
Deferred Income Tax Liabilities, Net 9.79M USD -51.1%
Operating Lease, Liability, Noncurrent 98.2M USD -23.7%
Other Liabilities, Noncurrent 111M USD +1.03%
Liabilities 2.92B USD +26%
Accumulated Other Comprehensive Income (Loss), Net of Tax -19.1M USD -28.8%
Retained Earnings (Accumulated Deficit) 156M USD +39.5%
Stockholders' Equity Attributable to Parent 2.22B USD +4.68%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.32B USD +5.88%
Liabilities and Equity 5.24B USD +16.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -63.4M USD -605%
Net Cash Provided by (Used in) Financing Activities 260M USD
Net Cash Provided by (Used in) Investing Activities -45.5M USD -119%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 147M shares +0.26%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 150M USD
Deferred Tax Assets, Valuation Allowance 44M USD +53.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 233M USD +9.49%
Operating Lease, Liability 151M USD -18.7%
Depreciation 38.8M USD +1.31%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 49.9M USD -59.7%
Lessee, Operating Lease, Liability, to be Paid 163M USD -18.9%
Property, Plant and Equipment, Gross 391M USD +2.01%
Operating Lease, Liability, Current 52.8M USD -7.44%
Lessee, Operating Lease, Liability, to be Paid, Year Two 33.4M USD -23.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 50M USD -10.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 4.8M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 12.5M USD -21%
Lessee, Operating Lease, Liability, to be Paid, Year Three 20M USD -28.1%
Deferred Tax Assets, Operating Loss Carryforwards 8.66M USD -2.97%
Unrecognized Tax Benefits 25.5M USD +11.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.3M USD -5.69%
Operating Lease, Payments 17.5M USD -1.46%
Amortization of Intangible Assets 68M USD -8.73%
Deferred Tax Assets, Net of Valuation Allowance 199M USD +7.68%
Interest Expense 43.7M USD +53.6%