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Parsons Corp. (PSN) Stock Fundamental Analysis & AI Rating 2026

PSN NYSE Services-Computer Integrated Systems Design DE CIK: 0000275880
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
HOLD
68% Conf
Pending
Analysis scheduled

📊 PSN Key Takeaways

Revenue: $6.4B
Net Margin: 3.8%
Free Cash Flow: $410.4M
Current Ratio: 1.75x
Debt/Equity: 0.47x
EPS: $2.20
AI Rating: HOLD with 68% confidence
Parsons Corp. (PSN) receives a HOLD rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $6.4B, net profit margin of 3.8%, and return on equity (ROE) of 9.1%, Parsons Corp. demonstrates mixed fundamentals in the Technology sector. Below is our complete PSN stock analysis for 2026.

Is Parsons Corp. (PSN) a Good Investment?

Claude

Parsons demonstrates strong free cash flow generation ($410.4M) and a solid balance sheet with manageable leverage, but faces significant integration challenges evidenced by a 21.9% decline in net income despite a massive revenue increase of 14,426% (likely acquisition-driven). Thin net margins of 3.8% and modest returns on equity (9.1%) require close monitoring for profitability recovery and margin expansion.

Why Buy Parsons Corp. Stock? PSN Key Strengths

Claude
  • + Strong free cash flow generation of $410.4M with healthy 6.4% FCF margin, indicating robust underlying cash generation capability
  • + Solid balance sheet with moderate leverage (0.47x D/E ratio) and excellent interest coverage of 8.1x, providing financial stability
  • + Healthy liquidity position with 1.75x current and quick ratios, supporting operational flexibility and debt servicing capacity

PSN Stock Risks: Parsons Corp. Investment Risks

Claude
  • ! Massive revenue spike of 14,426% indicates major acquisition or restructuring; net income declined 21.9% YoY suggesting integration challenges, margin compression, or one-time costs
  • ! Thin net margin of 3.8% and modest returns on equity (9.1%) and assets (4.2%) indicate below-average profitability and capital efficiency
  • ! Operating income growth not keeping pace with revenue growth, signaling potential structural profitability headwinds or acquisition integration issues

Key Metrics to Watch

Claude
  • * Operating margin trend and path to margin expansion post-integration of acquired assets
  • * Net income and net margin recovery trajectory to ensure profitability stabilization
  • * Free cash flow sustainability and conversion rate amid integration activities

Parsons Corp. (PSN) Financial Metrics & Key Ratios

Revenue
$6.4B
Net Income
$241.1M
EPS (Diluted)
$2.20
Free Cash Flow
$410.4M
Total Assets
$5.8B
Cash Position
$466.4M

💡 AI Analyst Insight

Parsons Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

PSN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 6.6%
Net Margin 3.8%
ROE 9.1%
ROA 4.2%
FCF Margin 6.4%

PSN vs Technology Sector: How Parsons Corp. Compares

How Parsons Corp. compares to Technology sector averages

Net Margin
PSN 3.8%
vs
Sector Avg 18.0%
PSN Sector
ROE
PSN 9.1%
vs
Sector Avg 22.0%
PSN Sector
Current Ratio
PSN 1.8x
vs
Sector Avg 2.5x
PSN Sector
Debt/Equity
PSN 0.5x
vs
Sector Avg 0.5x
PSN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Parsons Corp. Stock Overvalued? PSN Valuation Analysis 2026

Based on fundamental analysis, Parsons Corp. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
9.1%
Sector avg: 22%
Net Profit Margin
3.8%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.47x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Parsons Corp. Balance Sheet: PSN Debt, Cash & Liquidity

Current Ratio
1.75x
Quick Ratio
1.75x
Debt/Equity
0.47x
Debt/Assets
52.0%
Interest Coverage
8.15x
Long-term Debt
$1.2B

PSN Revenue & Earnings Growth: 5-Year Financial Trend

PSN 5-year financial data: Year 2021: Revenue $4.0B, Net Income $120.5M, EPS $1.30. Year 2022: Revenue $4.2B, Net Income $98.5M, EPS $0.97. Year 2023: Revenue $5.4B, Net Income $64.1M, EPS $0.59. Year 2024: Revenue $6.8B, Net Income $96.7M, EPS $0.87. Year 2025: Revenue $6.8B, Net Income $161.1M, EPS $1.42.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Parsons Corp.'s revenue has grown significantly by 71% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.42 reflects profitable operations.

PSN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.4%
Free cash flow / Revenue

PSN Quarterly Earnings & Performance

Quarterly financial performance data for Parsons Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.6B $64.1M $0.59
Q2 2025 $1.6B $55.2M $0.50
Q1 2025 $1.5B $39.8M $0.37
Q3 2024 $1.4B $33.8M $0.31
Q2 2024 $1.4B -$38.2M $-0.36
Q1 2024 $1.2B $25.6M $0.23
Q3 2023 $1.1B $29.6M $0.27
Q2 2023 $1.0B $18.3M $0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Parsons Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$478.4M
Cash generated from operations
Stock Buybacks
$125.0M
Shares repurchased (TTM)
Capital Expenditures
$68.0M
Investment in assets
Dividends
None
No dividend program

PSN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Parsons Corp. (CIK: 0000275880)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Mar 17, 2026 8-K psn-20260317.htm View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about PSN

What is the AI rating for PSN?

Parsons Corp. (PSN) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PSN's key strengths?

Claude: Strong free cash flow generation of $410.4M with healthy 6.4% FCF margin, indicating robust underlying cash generation capability. Solid balance sheet with moderate leverage (0.47x D/E ratio) and excellent interest coverage of 8.1x, providing financial stability.

What are the risks of investing in PSN?

Claude: Massive revenue spike of 14,426% indicates major acquisition or restructuring; net income declined 21.9% YoY suggesting integration challenges, margin compression, or one-time costs. Thin net margin of 3.8% and modest returns on equity (9.1%) and assets (4.2%) indicate below-average profitability and capital efficiency.

What is PSN's revenue and growth?

Parsons Corp. reported revenue of $6.4B.

Does PSN pay dividends?

Parsons Corp. does not currently pay dividends.

Where can I find PSN SEC filings?

Official SEC filings for Parsons Corp. (CIK: 0000275880) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PSN's EPS?

Parsons Corp. has a diluted EPS of $2.20.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PSN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Parsons Corp. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PSN stock overvalued or undervalued?

Valuation metrics for PSN: ROE of 9.1% (sector avg: 22%), net margin of 3.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy PSN stock in 2026?

Our dual AI analysis gives Parsons Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PSN's free cash flow?

Parsons Corp.'s operating cash flow is $478.4M, with capital expenditures of $68.0M. FCF margin is 6.4%.

How does PSN compare to other Technology stocks?

Vs Technology sector averages: Net margin 3.8% (avg: 18%), ROE 9.1% (avg: 22%), current ratio 1.75 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI