Parsons Past Earnings Performance
Past criteria checks 3/6
Parsons's earnings have been declining at an average annual rate of -7.1%, while the Professional Services industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 5.4% per year. Parsons's return on equity is 8.7%, and it has net margins of 3%.
Key information
-7.1%
Earnings growth rate
-14.1%
EPS growth rate
| Professional Services Industry Growth | 14.5% |
| Revenue growth rate | 5.4% |
| Return on equity | 8.7% |
| Net Margin | 3.0% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Parsons makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 5,443 | 161 | 866 | 0 |
| 30 Sep 23 | 5,052 | 144 | 825 | 0 |
| 30 Jun 23 | 4,767 | 126 | 804 | 0 |
| 31 Mar 23 | 4,420 | 102 | 784 | 0 |
| 31 Dec 22 | 4,195 | 97 | 770 | 0 |
| 30 Sep 22 | 4,043 | 98 | 764 | 0 |
| 30 Jun 22 | 3,865 | 87 | 758 | 0 |
| 31 Mar 22 | 3,735 | 76 | 752 | 0 |
| 31 Dec 21 | 3,661 | 64 | 754 | 0 |
| 30 Sep 21 | 3,674 | 57 | 757 | 0 |
| 30 Jun 21 | 3,723 | 78 | 732 | 0 |
| 31 Mar 21 | 3,823 | 95 | 739 | 0 |
| 31 Dec 20 | 3,919 | 99 | 724 | 0 |
| 30 Sep 20 | 3,992 | 91 | 743 | 0 |
| 30 Jun 20 | 4,011 | 107 | 749 | 0 |
| 31 Mar 20 | 4,021 | 124 | 777 | 0 |
| 31 Dec 19 | 3,955 | 121 | 771 | 0 |
| 30 Sep 19 | 3,846 | 114 | 721 | 0 |
| 30 Jun 19 | 3,799 | 99 | 703 | 0 |
| 31 Mar 19 | 3,710 | 207 | 633 | 0 |
| 31 Dec 18 | 3,561 | 222 | 591 | 0 |
| 29 Dec 17 | 3,017 | 97 | 506 | 0 |
| 30 Dec 16 | 3,039 | -13 | 511 | 0 |
Quality Earnings: 59P has high quality earnings.
Growing Profit Margin: 59P's current net profit margins (3%) are higher than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 59P's earnings have declined by 7.1% per year over the past 5 years.
Accelerating Growth: 59P's earnings growth over the past year (66.7%) exceeds its 5-year average (-7.1% per year).
Earnings vs Industry: 59P earnings growth over the past year (66.7%) did not outperform the Professional Services industry 455.9%.
Return on Equity
High ROE: 59P's Return on Equity (8.7%) is considered low.