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Asset logo for symbol PSN
Parsons
PSN71
$78.87arrow_drop_down0.69%-$0.55
High Quality
Asset logo for symbol PSN
PSN71

$78.87

arrow_drop_down0.69%

Income Statement (PSN)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
EBIT$101.10M$81.37M$53.18M$77.29M$51.13M
EBITDA$124.20M$114.15M$83.34M$105.98M$81.59M
gross Profit$324.84M$367.20M$294.26M$288.26M$256.27M
NET Income-$107.35M$44.90M$47.44M$43.24M$35.27M
total Revenue$1.53B$1.49B$1.41B$1.35B$1.17B

Balance Sheet (PSN)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents--$205.40M$178.58M$220.43M
net Debt$993.57M$654.21M$791.17M$751.90M$686.78M
stockholders Equity$2.14B$2.28B$2.17B$2.11B$2.06B
total Assets$5.09B$4.80B$4.73B$4.50B$4.25B
total Debt$1.41B$927.15M$996.57M$930.49M$907.22M
total Liabilities$2.85B$2.42B$2.48B$2.31B$2.13B

Cash Flow (PSN)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow$259.50M-$74.25M$66.56M-$1.68M-$12.50M
free Cash Flow-$72.85M$180.61M$190.65M$13.16M-$17.13M
investing Cash Flow---$327.24M-$84.21M-$20.76M
operating Cash Flow-$63.42M$190.13M$203.58M$22.97M-$8.99M

Parsons (PSN) Financials

Parsons Corp (PSN) is a leading provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The company's financial performance can be analyzed through its income statement, balance sheet, and cash flow statement. The income statement provides a snapshot of Parsons Corp's revenue and expenses over a specific period. In the case of Parsons Corp, the company reported a total revenue of $4.03 billion in its latest financial statement. Gross profit, which represents the revenue remaining after deducting the cost of goods sold, stood at $669 million. EBIT, or earnings before interest and taxes, was reported at $372 million, while net income from stockholders reached $234 million. These figures demonstrate the company's strong financial performance and profitability.

Moving on to the balance sheet, it provides a summary of Parsons Corp's assets, liabilities, and stockholders' equity at a specific point in time. The company's total assets were reported to be $6.98 billion, while total liabilities were $4.98 billion. Stockholders' equity, which represents the company's net worth, stood at $2.00 billion. In terms of cash equivalents, Parsons Corp reported having $234 million in readily convertible investments. Net debt, calculated by subtracting cash and cash equivalents from total debt, was $1.50 billion. These figures indicate the company's overall financial health and its ability to meet its financial obligations.

Lastly, analyzing the cash flow statement can provide insights into the company's liquidity and cash management. Operating cash flow, which represents the cash generated from the company's core operations, was reported at $534 million. Investing cash flow, which includes investments in property, plant, and equipment, amounted to $234 million. Financing cash flow, which includes activities such as debt issuance and stock repurchases, totaled $178 million. Free cash flow, calculated by subtracting capital expenditures from operating cash flow, was $300 million. These figures demonstrate the company's ability to generate cash and its efficient use of capital resources.

In conclusion, Parsons Corp (PSN) has shown strong financial performance, with robust revenue and profitability. The company's balance sheet indicates a healthy financial position, with significant assets and a manageable level of debt. Additionally, the cash flow statement highlights the company's ability to generate cash and effectively manage its capital resources. Overall, these financial indicators point to a financially sound and well-managed organization.

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