founded in 1944, parsons is an engineering, construction, technical, and management services firm. our revenues in 2014 were $3.1 billion. we are 100% owned by our employee stock ownership trust. we conquer the toughest logistical challenges and deliver design/design-build, program/construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide as well as to federal, regional, and local government agencies. parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. currently, more than 15,000 parsons employees are engaged in nearly 5,000 projects in 29 countries. collectively, our dedicated workers speak more than 80 languages and hold more than 11,800 college degrees and professional registrations. parsons' employees continue to go anywhere in the world, meet every technical and management challenge, and persevere until the job is done. social media house ru
![Parsons logo](/files/LOGO/275880-PSN.png)
Company profile
Ticker
PSN
Exchange
Website
CEO
Carey Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PARSON CORP
SEC CIK
Corporate docs
Subsidiaries
3D/International, Inc. • Amplus Corporation • Blackhorse, A Parsons Company • Braxton Science & Technology Group, LLC • Braxton Technologies, LLC • Bright Star For Engineering Services LLC • Checkmark Vehicle Safety Services, Inc. • CMX Technologies LLC • Command Engineering International Limited • De Leuw, Cather International Limited ...
IRS number
953232481
PSN stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Parsons* third quarter 2022 earnings press release
1 May 24
8-K
Submission of Matters to a Vote of Security Holders
19 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Mar 24
DEF 14A
Definitive proxy
5 Mar 24
8-K
Entry into a Material Definitive Agreement
26 Feb 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
Parsons* Third quarter 2022 earnings press release
14 Feb 24
8-K
Departure of Directors or Certain Officers
21 Dec 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
Transcripts
PSN
Earnings call transcript
2024 Q1
1 May 24
PSN
Earnings call transcript
2023 Q4
14 Feb 24
PSN
Earnings call transcript
2023 Q3
1 Nov 23
PSN
Earnings call transcript
2023 Q2
2 Aug 23
PSN
Earnings call transcript
2023 Q1
3 May 23
PSN
Earnings call transcript
2022 Q4
15 Feb 23
PSN
Earnings call transcript
2022 Q3
2 Nov 22
PSN
Earnings call transcript
2022 Q2
3 Aug 22
PSN
Earnings call transcript
2022 Q1
4 May 22
PSN
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 423.12 mm | 423.12 mm | 423.12 mm | 423.12 mm | 423.12 mm | 423.12 mm |
Cash burn (monthly) | (no burn) | (no burn) | 41.45 mm | (no burn) | 21.14 mm | (no burn) |
Cash used (since last report) | n/a | n/a | 160.28 mm | n/a | 81.75 mm | n/a |
Cash remaining | n/a | n/a | 262.84 mm | n/a | 341.37 mm | n/a |
Runway (months of cash) | n/a | n/a | 6.3 | n/a | 16.1 | n/a |
Institutional ownership, Q1 2024
69.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 317 |
Opened positions | 147 |
Closed positions | 32 |
Increased positions | 61 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 8.01 tn |
Total shares | 102.53 mm |
Total puts | 128.90 k |
Total calls | 2.65 mm |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Newport Trust | 58.10 mm | $4.82 tn |
Vanguard | 4.54 mm | $377.00 bn |
T. Rowe Price Investment Management | 3.79 mm | $314.58 mm |
BLK Blackrock | 3.37 mm | $279.56 bn |
Earnest Partners | 2.12 mm | $175.75 bn |
IVZ Invesco | 1.82 mm | $150.90 bn |
MKFCF Mackenzie Financial | 1.78 mm | $147.72 bn |
GS Goldman Sachs | 1.39 mm | $115.33 bn |
Dimensional Fund Advisors | 1.36 mm | $112.96 bn |
STT State Street | 1.11 mm | $92.32 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jul 24 | Susan M. Balaguer | Common Stock | Payment of exercise | Dispose F | No | No | 77.8 | 624 | 48.55 k | 39,934 |
1 Jul 24 | Wajsgras David C | Common Stock | Grant | Acquire A | No | No | 0 | 380 | 0.00 | 26,938 |
30 Jun 24 | Smith Carey A. | Common Stock | Payment of exercise | Dispose F | No | No | 81.81 | 3,530 | 288.79 k | 328,234 |
16 Apr 24 | Holdsworth Mark Keith | Common Stock | Grant | Acquire A | No | No | 0 | 2,179 | 0.00 | 20,877 |
16 Apr 24 | Vautrinot Suzanne M | Common Stock | Grant | Acquire A | No | No | 0 | 2,179 | 0.00 | 15,006 |
News
Fiserv to Report Q2 Earnings: What's in the Offing?
19 Jul 24
BAE Systems Selects Parsons For Modernization Project At Radford Army Ammunition Plant; Under This 2-Year, $15.4M Contract, Parsons Will Prepare A Series Of Preliminary Design Packages For The RFAAP Manufacturing Facility
16 Jul 24
(PSN) - Analyzing Parsons Corp's Short Interest
9 Jul 24
Peering Into Parsons Corp's Recent Short Interest
4 Jun 24
How Is The Market Feeling About Parsons Corp?
15 May 24
Press releases
Parsons-Vanir JV Awarded Sacramento International Airport's CMI Contract
26 Jul 24
Parsons Expands Scope on Critical I-69 Ohio River Bridge Crossing Project
25 Jul 24
Parsons Corporation: Poised to Deliver Global Events Infrastructure on Demand
24 Jul 24
Elevate Inglewood Partners Selected as Best Value Proposer for the Inglewood Transit Connector Project
23 Jul 24
BAE Systems Selects Parsons Corporation for Modernization Project at Radford Army Ammunition Plant
16 Jul 24