Parsons Corp

Common Name

Parsons

Country

United States

Sector

Technology

Industry

Information Technology Services

Employees

20,000

Ticker

PSN

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.parsons.com

Description

Parsons Corporation is a prominent player in the engineering and construction services sector. It provides solutions across various market segments, including defense, intelligence, security, and infr... Show more

Financial Statements of Parsons

Below are the financial statements of Parsons, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	453.55^a	272.94^a
Accounts receivable, net	1,100.4^a	915.64^a
Contract assets	741.5^a	757.52^a
Prepaid expenses and other current assets	166.95^a	191.43^a
Total current assets	2,462.4^a	2,137.53^a
Assets	—	—
Property and equipment, net	111.58^a	98.96^a
Right of use assets, operating leases	153.05^a	159.21^a
Goodwill	2,082.68^a	1,792.67^a
Investments in and advances to unconsolidated joint ventures	138.76^a	128.2^a
Intangible assets, net	349.94^a	275.57^a
Deferred tax assets	133.45^a	140.16^a
Other noncurrent assets	56.11^a	71.77^a
Total assets	5,487.96^a	4,804.06^a
Current liabilities	—	—
Accounts payable	207.59^a	242.82^a
Accrued expenses and other current liabilities	894.43^a	801.42^a
Contract liabilities	289.8^a	301.11^a
Short-term lease liabilities, operating leases	52.73^a	58.56^a
Income taxes payable	7.7^a	6.98^a
Short-term debt	463.41^a	0^a
Total current liabilities	1,915.64^a	1,410.88^a
Liabilities and shareholders' equity	—	—
Long-term employee incentives	31.82^a	22.92^a
Long-term debt	784.1^a	745.96^a
Long-term lease liabilities, operating leases	114.39^a	117.51^a
Deferred tax liabilities	11.04^a	9.78^a
Other long-term liabilities	96.49^a	120.3^a
Total liabilities	2,953.47^a	2,427.35^a
Shareholders' equity	—	—
Common stock	146.66^a	146.34^a
Treasury stock, at cost	-815.28^a	-827.31^a
Additional paid-in capital	2,684.83^a	2,779.37^a
Retained earnings	426.78^a	203.72^a
Accumulated other comprehensive loss	-26.59^a	-14.91^a
Total Parsons Corporation shareholders' equity	2,416.39^a	2,287.21^a
Noncontrolling interests	118.1^a	89.5^a
Total shareholders' equity	2,534.49^a	2,376.72^a
Total liabilities and shareholders' equity	5,487.96^a	4,804.06^a

Verified Sources Behind Parsons’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Parsons’s data sources below and access millions more through our Disclosure Search.

a. Parsons's 10-K 2024

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Financial Statements of Parsons

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