Parsons is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.

Company profile
Ticker
PSN
Exchange
Website
CEO
Carey Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Kyndryl • Leidos • CERNER • Godaddy • Open Text • Caci International Inc. - Registered Shares • Unisys • Veradigm • Light & Wonder • Samsara ...
Former names
PARSON CORP
SEC CIK
Corporate docs
Subsidiaries
3D/International, Inc. • Amplus Corporation • Blackhorse Solutions, Inc. • Braxton Science & Technology Group, LLC • Braxton Technologies, LLC • Bright Star For Engineering Services LLC • Chas. T. Main, Inc. • Checkmark Vehicle Safety Services, Inc. • CMX Technologies LLC • Command Engineering International Limited ...
IRS number
953232481
PSN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Parsons 2023 Investor Day to Highlight Growth Strategy and Strong End Market Opportunity
15 Mar 23
ARS
2022 FY
Annual report to shareholders
6 Mar 23
DEF 14A
Definitive proxy
6 Mar 23
10-K
2022 FY
Annual report
17 Feb 23
8-K
FOURTH QUARTER and FULL
15 Feb 23
8-K
Amendments to Articles of Incorporation or Bylaws
20 Jan 23
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Parsons* third quarter 2022 earnings press release
2 Nov 22
8-K
Entry into a Material Definitive Agreement
19 Sep 22
10-Q
2022 Q2
Quarterly report
3 Aug 22
Transcripts
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
PSN
Earnings call transcript
2021 Q3
3 Nov 21
PSN
Earnings call transcript
2021 Q2
8 Aug 21
PSN
Earnings call transcript
2021 Q1
9 May 21
PSN
Earnings call transcript
2020 Q4
24 Feb 21
PSN
Earnings call transcript
2020 Q3
4 Nov 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 262.54 mm | 262.54 mm | 262.54 mm | 262.54 mm | 262.54 mm | 262.54 mm |
Cash burn (monthly) | (no burn) | 6.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 20.15 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 242.39 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 36.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
97.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 215 |
Opened positions | 58 |
Closed positions | 20 |
Increased positions | 63 |
Reduced positions | 60 |
13F shares | Current |
---|---|
Total value | 4.70 tn |
Total shares | 102.42 mm |
Total puts | 109.10 k |
Total calls | 208.40 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Newport Trust | 62.59 mm | $2.89 tn |
T. Rowe Price Investment Management | 4.09 mm | $188.39 bn |
BLK Blackrock | 3.61 mm | $166.78 bn |
Vanguard | 3.42 mm | $157.98 bn |
Earnest Partners | 3.21 mm | $148.35 bn |
MKFCF Mackenzie Financial | 2.82 mm | $130.35 bn |
STT State Street | 1.92 mm | $88.63 bn |
BAC Bank Of America | 1.27 mm | $58.66 bn |
Dimensional Fund Advisors | 1.20 mm | $55.28 bn |
MS Morgan Stanley | 972.33 k | $44.97 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Mar 23 | Ball George L. | Common Stock | Payment of exercise | Dispose F | No | No | 45.46 | 5,562 | 252.85 k | 125,663 |
5 Mar 23 | Kolloway Michael Richard | Common Stock | Payment of exercise | Dispose F | No | No | 45.46 | 2,615 | 118.88 k | 63,214 |
5 Mar 23 | Smith Carey A. | Common Stock | Payment of exercise | Dispose F | No | No | 45.46 | 9,292 | 422.41 k | 215,991 |
27 Feb 23 | Kolloway Michael Richard | Common Stock | Grant | Acquire A | No | No | 0 | 8,955 | 0.00 | 65,829 |
27 Feb 23 | Kolloway Michael Richard | Common Stock | Grant | Acquire A | No | No | 0 | 8,601 | 0.00 | 56,874 |
27 Feb 23 | Smith Carey A. | Common Stock | Grant | Acquire A | No | No | 0 | 20,602 | 0.00 | 225,283 |
27 Feb 23 | Smith Carey A. | Common Stock | Grant | Acquire A | No | No | 0 | 47,439 | 0.00 | 204,681 |
News
Parsons Government Services Awarded $5M Housing Condition Assessment Program Contract From Dept Of The Navy
30 Mar 23
Parsons Wins Role In $160M US Army Corps Of Engineers Contract
30 Mar 23
Parsons' Strength Of New Contracts Trigger Upgrade By This Analyst; Predicts Upside Of Over 20% Next Year
28 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 28, 2023
28 Mar 23
Parsons Stock Gains Following Receipt Of Two Contracts Worth Millions
28 Mar 23
Press releases
Parsons Wins $164M Contract For Army Ammunition Plant Environmental Facility
31 Mar 23
Parsons Wins Position On $160M U.S. Army Corps of Engineers Contract
30 Mar 23
Parsons Awarded $94 Million Contract To Expand Full-Spectrum Military Cyberspace Operational Footprint
28 Mar 23
Parsons' Xator, LLC Selected for $750M Contract
28 Mar 23
Parsons Awarded $16 Million US Army Intelligence Contract
27 Mar 23