PSN · NYSE · Information Technology Services

Parsons (PSN)

Delivers technology and engineering for defense, intelligence, and critical infrastructure missions.

$44.44
vs last close−0.89 (−1.96%)
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Parsons CorporationPSN
Information Technology

Delivers technology, engineering, software, and hardware capabilities through Federal Solutions and Critical Infrastructure. The two segments are nearly evenly balanced and serve defense, intelligence, and infrastructure markets through international operations.

Federal Solutions combines Defense & Intelligence with Engineered Systems, delivering integrated solutions, software and hardware products, and engineering-design services for government-facing missions. The work serves government-facing defense and intelligence markets across its international operations.

Critical Infrastructure applies engineering and technology capabilities to complex physical and digital systems. Recent additions have extended capabilities into grid modernization and cyber resiliency, transportation engineering, environmental remediation, water, signals intelligence, and space.

Operations span more than 30 countries. Delivery into government-facing defense, intelligence, and infrastructure markets, organized through Federal Solutions and Critical Infrastructure, shapes the business.

Company facts

CEOCarey Smith
ListedMay 8, 2019
ExchangeNYSE
HeadquartersChantilly, VA
CountryUnited States
Employees21,000
CIK0000275880
ISINUS70202L1026

Market cap$4.84B
EPS (ttm)$1.45
P/E (ttm)31.26
ROE6.0%
P/B1.84
P/S0.7694
Dividend yieldDiv yield
Beta1.32vs XLK −0.65

Price target$54.50+20.2%Average of 17 analysts
ConsensusBuy12 of 17 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 21, 2026Robert W. BairdTarget
Target: $82
Target: $57
Aug 21, 2026BairdUpgrade
Rating: Neutral
Rating: Outperform
Aug 2, 2026JefferiesUpgrade
Rating: HoldTarget:
Rating: BuyTarget: $52
Jul 29, 2026BernsteinReiterate
Rating: Target:
Rating: Market PerformTarget: $17
May 27, 2026BNP ParibasTarget
Target:
Target: $65

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.81
Revenue estimate
$1.63B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$0.78$0.78$0.78$0.86$0.75$0.79−$0.06Pending
Estimate$0.91$0.74$0.74$0.79$0.80$0.70$0.76$0.81
Surprise−14.3%+5.4%+5.4%+9.1%−6.3%+12.9%−107.9%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$1.73B$1.55B$1.58B$1.62B$1.60B$1.49B$1.58BPending
Estimate$1.76B$1.63B$1.60B$1.66B$1.67B$1.50B$1.61B$1.63B
Surprise−1.3%−4.4%−0.8%−2.3%−3.9%−0.6%−1.9%
Estimate$0.81
ReportedDue Nov 4, 2026
Estimate$1.63B
ReportedDue Nov 4, 2026
View details

Debt to equity62.10%
Current ratio166.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.81B$1.73B$1.55B$1.58B$1.62B$1.60B$1.49B$1.58B
Net income$72.0M$201.3M$66.2M$55.2M$64.1M$55.6M$52.9M−$15.2M
Net margin4.0%11.6%4.3%3.5%4.0%3.5%3.5%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$115.0M$99.8M$109.9M$96.3M$99.7M$109.6M$94.5M$1.3M
YoY growth+38.0%+28.9%+7.9%−13.6%−13.3%+9.8%−14.0%−98.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $266.0M · Total debt $1.63B · Total assets $6.11B · Shareholders' equity $2.63B

Revenue
$1.58B
Operating income
$1.3M
Net income
−$15.2M
View details

No dividends on record.

Institutions102.97%109.98M shares
354 holders · as of Jun 30, 2026
Insiders1.23%1.32M shares
17 holders · as of Aug 10, 2026
Adds to104.20%

106.81M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 104.20%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Newport Trust CoInstitution
46.22%49.37Mas of Jun 30, 2026
BlackRock, Inc.Institution
5.03%5.37Mas of Jun 30, 2026
Wellington Management Group LLPInstitution
4.31%4.60Mas of Jun 30, 2026
Swedbank ABInstitution
3.44%3.67Mas of Jun 30, 2026
Morgan StanleyInstitution
2.46%2.63Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 7, 2026George L. Balldirector+20,000$47.97
May 13, 2026George L. Balldirector+10,000$50.00
May 12, 2026Mark Keith Holdsworthdirector+10,000$51.27
May 11, 2026Harry T. McMahondirector+10,000$49.14
May 8, 2026Carey A. Smithdirector, officer: President & CEO+12,500$49.97
View details

  • Leidos

    Federal mission software, cyber, and multi-domain systems overlap

  • Jacobs Solutions

    Infrastructure, water, environmental, and transportation engineering

  • AECOM

    Global infrastructure design, program management, and engineering services

  • Booz Allen Hamilton

    National-security technology and consulting for federal customers

  • CACI

    DoD and federal IT services with a national-security focus

  • Amentum

    Defense Solutions and Global Engineering Solutions for governments

  • Science Applications International

    Mission integration for defense, space, intelligence, and civilian agencies

  • Tetra Tech

    Water, environmental, and sustainable-infrastructure engineering services

Compare

CompanyPriceChange
Parsons$44.44−1.96%$4.84B31.313.40.8−0.5%
Leidos$123.93−3.36%$16.13B12.010.30.9+7.2%
Jacobs Solutions$142.01−1.22%$16.98B50.417.71.2−20.2%
AECOM$62.31−0.99%$8.09B28.910.10.5−61.5%
Booz Allen Hamilton$76.23−1.49%$9.31B12.112.20.8−4.2%
CACI$620.16−2.01%$13.98B26.218.91.5+17.6%
Amentum$19.86−0.20%$4.86B24.07.80.3−2.0%
Science Applications International$129.36−3.00%$5.64B15.612.60.8+6.3%
Tetra Tech$35.55−1.14%$9.33B21.721.01.8−19.0%
Median22.812.40.9−3.1%