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
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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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 | 113.76 mm | n/a | 58.02 mm | n/a |
Cash remaining | n/a | n/a | 309.36 mm | n/a | 365.10 mm | n/a |
Runway (months of cash) | n/a | n/a | 7.5 | n/a | 17.3 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
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 |
16 Apr 24 | Long Letitia A | Common Stock | Grant | Acquire A | No | No | 0 | 2,179 | 0.00 | 15,006 |
16 Apr 24 | McMahon Harry T. | Common Stock | Grant | Acquire A | No | No | 0 | 2,179 | 0.00 | 43,377 |
16 Apr 24 | Leer Steven F | Common Stock | Grant | Acquire A | No | No | 0 | 2,179 | 0.00 | 15,006 |
News
Peering Into Parsons Corp's Recent Short Interest
4 Jun 24
How Is The Market Feeling About Parsons Corp?
15 May 24
Parsons Bags $20M, Five-year Contract To Design Advanced Rapid Transit System In San Antonio
9 May 24
TD Cowen Upgrades Parsons Corp to Buy, Raises Price Target to $90
3 May 24
Baird Maintains Outperform on Parsons Corp, Raises Price Target to $89
2 May 24
Press releases
Parsons and the Niagara International Transportation Technology Coalition Celebrate Bi-National Project Milestone
18 Jun 24
PLUS3 IT SYSTEMS TO EXPAND SPACE MISSION SUPPORT CAPABILITIES ON THE NOAA TRACSS PROGRAM
13 Jun 24
Parsons Receives Sustainability Award from Yukon Government
6 Jun 24
Federal Way Link Extension (FWLE) Project Receives Envision Platinum Sustainability Award
28 May 24
Parsons Named One of Forbes' 2024 Best Employers for New Grads
23 May 24