PARSONS CORP
PSN · Services-Computer Integrated Systems Design · 107.0M shares · +6%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$23M (gross $11M, SBC $34M)
Reference price $50.00 · est. market cap ~$5.3B — last insider purchase, 2026-05-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C60Government IT/infrastructure-services contractor that's profitable and well-covered, but revenue declined this year on thin services margins.
Strengths
- Profitable with good coverage — operating margin 6.6%, ROA 4.2% (68th), interest coverage 8.15
- Adequate liquidity — current ratio 1.75 (75th)
Risks
- Revenue decline — -5.7% (16th)
- Thin margins — gross margin 22.5% (33rd), net margin 3.8%
- Government-budget and contract-roll-off risk — qualitative (per 10-K)
Notable findings
- High convictionHigh conviction — notable institutional holders, insider buying, and a strong balance sheet
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Insider buyingInsider buying — 6 open-market buy(s) by 4 insider(s) (cluster of 4 insiders, ~$2M, last 6mo) Form 4 ↗
- Strong balance sheetStrong balance sheet — $466M cash & investments
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, FMR LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
22.5%
Operating margin
6.6%
Net margin
3.8%
Return on equity
9.1%
Return on assets
4.2%
ROIC
8.5%
Revenue growth (QoQ)
-7.0%
Net-income growth
2.6%
Debt / equity
0.5×
Net debt / EBITDA
1.4×
Interest coverage
8.1×
Current ratio
1.8×
EBITDA
$535M
Tangible book value
$129M
Cash & investments
$466M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-13 | Ball George L. | Buy | 10K | $50.00 |
| 2026-05-12 | Holdsworth Mark Keith | Buy | 3.2K | $50.70 |
| 2026-05-12 | Holdsworth Mark Keith | Buy | 6.8K | $51.54 |
| 2026-05-11 | McMahon Harry T. | Buy | 10K | $49.14 |
| 2026-05-08 | Smith Carey A. | Buy | 12K | $49.94 |
| 2026-05-08 | Smith Carey A. | Buy | 500 | $50.73 |
| 2026-04-14 | Lord Ellen M. | Grant | 2.9K | — |
| 2026-04-14 | Long Letitia A | Grant | 2.9K | — |
| 2026-04-14 | LEER STEVEN F | Grant | 2.9K | — |
| 2026-04-14 | Holdsworth Mark Keith | Grant | 2.9K | — |
| 2026-04-14 | Ball George L. | Grant | 2.9K | — |
| 2026-04-14 | Vautrinot Suzanne M | Grant | 2.9K | — |
| 2026-04-14 | WAJSGRAS DAVID C | Grant | 2.9K | — |
| 2026-04-14 | Smith Robert Hanson | Grant | 2.9K | — |
| 2026-04-14 | MITCHELL M CHRISTIAN | Grant | 2.9K | — |
| 2026-04-14 | McMahon Harry T. | Grant | 2.9K | — |
| 2026-04-14 | McDew Darren W | Grant | 2.9K | — |
| 2026-04-01 | WAJSGRAS DAVID C | Grant | 518 | — |
| 2026-04-01 | LEER STEVEN F | Grant | 718 | — |
| 2026-04-01 | Lagasse Soo | Grant | 3.7K | — |
| 2026-03-09 | Ofilos Matthew | Tax withheld | 2.1K | $62.55 |
| 2026-03-09 | Balaguer Susan M. | Tax withheld | 798 | $62.55 |
| 2026-03-09 | Smith Carey A. | Tax withheld | 10K | $62.55 |
| 2026-03-01 | Martinez John Thomas | Grant | 45K | — |
| 2026-02-26 | Balaguer Susan M. | Tax withheld | 614 | $66.31 |
| 2026-02-26 | Ofilos Matthew | Tax withheld | 1.5K | $66.31 |
| 2026-02-26 | Smith Carey A. | Tax withheld | 7.1K | $66.31 |
| 2026-02-20 | Smith Carey A. | Grant | 45K | — |
| 2026-02-20 | Smith Carey A. | Grant | 150K | — |
| 2026-02-20 | Smith Carey A. | Tax withheld | 68K | $65.53 |
| 2026-02-20 | Ofilos Matthew | Grant | 10K | — |
| 2026-02-20 | Ofilos Matthew | Grant | 31K | — |
| 2026-02-20 | Ofilos Matthew | Tax withheld | 14K | $65.53 |
| 2026-02-20 | Martinez John Thomas | Grant | 9.6K | — |
| 2026-02-20 | Balaguer Susan M. | Grant | 13K | — |
| 2026-02-20 | Balaguer Susan M. | Tax withheld | 5.9K | $65.53 |
| 2026-02-20 | Smith Carey A. | Grant | 60K | — |
| 2026-01-01 | LEER STEVEN F | Grant | 562 | — |
| 2026-01-01 | WAJSGRAS DAVID C | Grant | 442 | — |
| 2025-12-18 | Balaguer Susan M. | Tax withheld | 5.0K | $60.55 |
| 2025-12-17 | Smith Carey A. | Tax withheld | 7.5K | $60.20 |
| 2025-12-01 | Smith Robert Hanson | Grant | 726 | — |
| 2025-10-01 | LEER STEVEN F | Grant | 529 | — |
| 2025-10-01 | WAJSGRAS DAVID C | Grant | 417 | — |
| 2025-07-31 | Ofilos Matthew | Tax withheld | 7.0K | $74.20 |
| 2025-07-01 | WAJSGRAS DAVID C | Grant | 490 | — |
| 2025-07-01 | LEER STEVEN F | Grant | 623 | — |
| 2025-04-15 | MITCHELL M CHRISTIAN | Grant | 2.7K | — |
| 2025-04-15 | Holdsworth Mark Keith | Grant | 2.7K | — |
| 2025-04-15 | WAJSGRAS DAVID C | Grant | 2.7K | — |
| 2025-04-15 | LEER STEVEN F | Grant | 2.7K | — |
| 2025-04-15 | Lord Ellen M. | Grant | 2.7K | — |
| 2025-04-15 | Ball George L. | Grant | 2.7K | — |
| 2025-04-15 | McDew Darren W | Grant | 2.7K | — |
| 2025-04-15 | McMahon Harry T. | Grant | 2.7K | — |
| 2025-04-15 | Long Letitia A | Grant | 2.7K | — |
| 2025-04-15 | Vautrinot Suzanne M | Grant | 2.7K | — |
| 2025-04-01 | LEER STEVEN F | Grant | 620 | — |
| 2025-04-01 | WAJSGRAS DAVID C | Grant | 460 | — |
| 2025-03-09 | Smith Carey A. | Tax withheld | 5.2K | $60.17 |
| 2025-03-09 | Balaguer Susan M. | Tax withheld | 412 | $60.17 |
| 2025-03-09 | Kolloway Michael Richard | Tax withheld | 710 | $60.17 |
| 2025-03-09 | Ofilos Matthew | Tax withheld | 1.1K | $60.17 |
| 2025-03-03 | Kolloway Michael Richard | Grant | 4.3K | — |
| 2025-03-03 | Kolloway Michael Richard | Grant | 23K | — |
| 2025-03-03 | Kolloway Michael Richard | Tax withheld | 10K | $55.35 |
| 2025-03-03 | Smith Carey A. | Grant | 122K | — |
| 2025-03-03 | Smith Carey A. | Tax withheld | 55K | $55.35 |
| 2025-03-03 | Smith Carey A. | Grant | 35K | — |
| 2025-03-03 | Ofilos Matthew | Grant | 23K | — |
| 2025-03-03 | Ofilos Matthew | Tax withheld | 10K | $55.35 |
| 2025-03-03 | Ofilos Matthew | Grant | 6.9K | — |
| 2025-03-03 | Balaguer Susan M. | Grant | 12K | — |
| 2025-03-03 | Balaguer Susan M. | Tax withheld | 5.7K | $55.35 |
| 2025-03-03 | Balaguer Susan M. | Grant | 2.5K | — |
| 2025-03-03 | Ball George L. | Grant | 9.0K | — |
| 2025-03-03 | Ball George L. | Tax withheld | 3.9K | $55.35 |
| 2025-03-01 | Kolloway Michael Richard | Tax withheld | 1.4K | $58.22 |
| 2025-03-01 | Smith Carey A. | Tax withheld | 7.8K | $58.22 |
| 2025-03-01 | Ofilos Matthew | Tax withheld | 242 | $58.22 |
| 2025-03-01 | Balaguer Susan M. | Tax withheld | 812 | $58.22 |
| 2025-02-28 | McMahon Harry T. | Buy | 8.1K | $58.30 |
| 2025-02-26 | Balaguer Susan M. | Tax withheld | 682 | $59.08 |
| 2025-02-26 | Ofilos Matthew | Tax withheld | 1.6K | $59.08 |
| 2025-02-26 | Kolloway Michael Richard | Tax withheld | 1.3K | $59.08 |
| 2025-02-26 | Smith Carey A. | Tax withheld | 7.1K | $59.08 |
| 2025-01-02 | LEER STEVEN F | Grant | 431 | — |
| 2025-01-02 | WAJSGRAS DAVID C | Grant | 320 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (16)
- Amtrak
- CSX
- Metrolinx
- Southern Nevada Water Authority
- Royal Commission for Riyadh City
- Dubai Municipality
- Dubai Roads and Transportation Authority
- Abu Dhabi Department of Municipalities and Transport
- Qatar Public Works Authority
- Saudi Arabia's Public Investment Fund
- National Aeronautics and Space Administration
- Federal Aviation Administration
- United States Postal Service
- U.S. Department of Energy
- U.S. Department of Homeland Security
- U.S. Department of War
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-04-29 | ResultsExhibits | filing ↗ |
| 2026-04-15 | Shareholder vote | filing ↗ |
| 2026-03-17 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-26 | Exec/director change | filing ↗ |
| 2026-02-11 | ResultsExhibits | filing ↗ |
| 2026-01-15 | OtherExhibits | filing ↗ |
| 2025-12-18 | Exec/director change | filing ↗ |
| 2025-12-03 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-04-29 | 2026-04-29 | 0001193125-26-188898 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001193125-26-188862 ↗ |
| 8-K | 2026-04-15 | 2026-04-14 | 0001193125-26-157010 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001193125-26-110775 ↗ |
| 8-K | 2026-02-26 | 2026-02-20 | 0001193125-26-076537 ↗ |
| 10-K | 2026-02-11 | 2025-12-31 | 0001193125-26-045495 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001193125-26-045483 ↗ |
| 8-K | 2026-01-15 | 2026-01-15 | 0001193125-26-014152 ↗ |
| 8-K | 2025-12-18 | 2025-12-18 | 0001193125-25-324802 ↗ |
| 8-K | 2025-12-03 | 2025-12-01 | 0001193125-25-306981 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001193125-25-265659 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001193125-25-265650 ↗ |