PSN Financials Parsons Corp

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 31, 2026, 11:19 UTC Overview →

Growth & profitability

Revenue has grown 10.2% per year over the past 5 years.
Net income has grown faster than revenue (19.6% vs 10.2% per year).
Operating margin has expanded, at 6.6% in the latest year.
Free cash flow has grown 10.0% per year over the past 5 years.

Financial health

Total debt ($1.2B) exceeds cash ($466M); net debt is $771M.
Total debt has grown faster than revenue (16.0% vs 10.2% per year).
Operating income covered interest expense 8.1× in the latest year, down from 8.5× 5 years ago.
Total debt is 2.3× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$6.4B	$241M	22.5%	6.6%	9.1%	4.2%	$410M	$1.2B	$466M
2024	$6.8B	$235M	20.8%	6.3%	9.7%	4.3%	$474M	$1.2B	$454M
2023	$5.4B	$161M	22.2%	5.3%	7.0%	3.4%	$367M	$746M	$273M
2022	$4.2B	$97M	22.6%	4.4%	4.7%	2.3%	$207M	$744M	$263M
2021	$3.7B	$64M	23.3%	3.6%	3.4%	1.7%	$184M	$592M	$343M
2020	$3.9B	$99M	22.4%	4.5%	5.4%	2.5%	$255M	$590M	$484M
2019	$4.0B	$121M	21.0%	2.3%	7.4%	3.5%	$153M	$249M	$183M
2018	$3.6B	$222M	21.5%	5.8%	-23.0%	8.5%	$255M	$429M	$280M
2017	$3.0B	$97M	20.4%	5.0%	—	—	$237M	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$1.7B	$54M	23.1%	6.3%	2.1%	0.9%	$251M	$1.4B	$297M
Jun '26	$1.6B	-$15M	18.7%	0.1%	-0.6%	-0.2%	$41M	$1.5B	$266M
Mar '26	$1.5B	$53M	24.0%	6.4%	2.0%	0.9%	-$19M	$1.5B	$284M
Dec '25	$1.6B	$56M	23.0%	6.6%	2.1%	1.0%	$136M	$1.2B	$466M
Sep '25	$1.6B	$64M	22.2%	6.7%	2.5%	1.1%	$150M	$1.2B	$423M
Jun '25	$1.6B	$55M	22.0%	6.0%	2.2%	1.0%	$150M	$1.3B	$411M
Mar '25	$1.6B	$66M	22.8%	7.0%	2.7%	1.2%	-$25M	$1.2B	$270M
Dec '24	$1.7B	$54M	21.3%	5.8%	2.2%	1.0%	$108M	$1.2B	$454M
Sep '24	$1.8B	$72M	19.9%	6.4%	3.1%	1.3%	$287M	$1.2B	$559M
Jun '24	$1.7B	$69M	21.0%	6.7%	3.1%	1.3%	$152M	$1.2B	$528M
Mar '24	$1.5B	$40M	21.2%	6.6%	1.8%	0.8%	-$73M	$1.2B	$423M
Dec '23	$1.5B	$45M	24.6%	5.2%	2.0%	0.9%	$181M	$746M	$273M
Sep '23	$1.4B	$47M	20.7%	5.9%	2.2%	1.0%	$191M	$820M	$205M
Jun '23	$1.4B	$43M	21.3%	5.6%	2.0%	1.0%	$13M	$745M	$179M
Mar '23	$1.2B	$26M	21.8%	4.4%	1.2%	0.6%	-$17M	$744M	$220M
Dec '22	$1.1B	$28M	22.0%	4.8%	1.4%	0.7%	$78M	$744M	$263M
Sep '22	$1.1B	$30M	23.1%	5.6%	1.5%	0.7%	$117M	$695M	$148M
Jun '22	$1.0B	$18M	22.5%	3.2%	0.9%	0.4%	$42M	$793M	$126M
Mar '22	$949M	$21M	22.7%	3.8%	1.1%	0.5%	-$30M	$592M	$286M
Dec '21	$951M	$29M	23.9%	4.9%	1.5%	0.8%	$82M	$592M	$343M

Valuation over time

How the market has priced PSN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 48.8× (Mar '23) to 23.2× (Nov '26).
The price-to-sales ratio has fallen from 1.1× (Mar '23) to 0.9× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is PSN growing its revenue and profit?

Over the past 5 years, Parsons Corp's revenue has grown 10.2% per year, and net income grown 19.6% per year. These are computed facts, not advice.

How much debt does PSN have?

As of FY2025, Parsons Corp reported $1.2B of total debt against $466M of cash; operating income covered interest expense 8.1×.

What is PSN's profit margin?

In FY2025, gross margin was 22.5%, operating margin 6.6%, and net margin 3.8%.

What is PSN's P/E ratio?

Parsons Corp's P/E (TTM) is 37.87 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PSN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 23.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.