Parsons Past Earnings Performance
Past criteria checks 0/6
Parsons's earnings have been declining at an average annual rate of -3.7%, while the Professional Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 10.1% per year. Parsons's return on equity is 5.5%, and it has net margins of 1.2%.
Key information
-3.7%
Earnings growth rate
-6.5%
EPS growth rate
Professional Services Industry Growth | 11.0% |
Revenue growth rate | 10.1% |
Return on equity | 5.5% |
Net Margin | 1.2% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Potential Upside For Parsons Corporation (NYSE:PSN) Not Without Risk
Dec 13Parsons: Red Hot Momentum Remains
Nov 04Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet
Oct 06Parsons (NYSE:PSN) Shareholders Will Want The ROCE Trajectory To Continue
Sep 20An Intrinsic Calculation For Parsons Corporation (NYSE:PSN) Suggests It's 23% Undervalued
Sep 05Parsons: Simply Impressive Growth, But Still A Hold
Aug 21What Does Parsons Corporation's (NYSE:PSN) Share Price Indicate?
Aug 21Many Still Looking Away From Parsons Corporation (NYSE:PSN)
Jul 26Parsons: This May Be A Hidden Gem, But I Need Proof Its Growth Is Sustainable
Jun 20Investors Met With Slowing Returns on Capital At Parsons (NYSE:PSN)
Jun 11Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 31% Above Its Share Price
May 24We Think You Can Look Beyond Parsons' (NYSE:PSN) Lackluster Earnings
May 08Should You Be Adding Parsons (NYSE:PSN) To Your Watchlist Today?
Apr 22Parsons Corporation: Impressive Recent Performance Means Lucrative Future
Apr 11Is Parsons (NYSE:PSN) Using Too Much Debt?
Mar 21Parsons Corporation (NYSE:PSN) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 05Parsons: The Stock Is Not Cheap Enough Yet
Feb 28Why Parsons Corporation (NYSE:PSN) Could Be Worth Watching
Feb 05Parsons (NYSE:PSN) May Have Issues Allocating Its Capital
Jan 19Getting In Cheap On Parsons Corporation (NYSE:PSN) Might Be Difficult
Jan 04Parsons Corporation: Upside Still Not Very Attractive
Nov 17Parsons: 2023 Is Working Out So Far
Oct 15Parsons: Performance Is Good But Valuation Is Expensive
Aug 11Parsons Corporation: Getting Incrementally Positive If Momentum Continues
Jun 07Parsons selected by U.S. CYBERCOM for military cyberspace operations
Feb 22Parsons Q4 2022 Earnings Preview
Feb 14Parsons gets contract amended on Canada's Giant Mine
Feb 08Parsons selected to work on Saudi Arabia's ambitious Line project
Feb 01Parsons' unit clinches $79.5M order to upkeep USAF security systems
Jan 09Parsons: Not Very Defensive
Dec 29Parsons bags $95M global NAVFAC contract to plan US Navy infrastructure
Dec 15Parsons bags $28M order to investigate PFAS impact at Army National Guard facilities
Nov 07Revenue & Expenses Breakdown
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 |
---|---|---|---|---|
30 Sep 24 | 6,510 | 79 | 924 | 0 |
30 Jun 24 | 6,119 | 54 | 898 | 0 |
31 Mar 24 | 5,805 | 28 | 882 | 0 |
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: PSN has a large one-off loss of $215.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: PSN's current net profit margins (1.2%) are lower than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PSN's earnings have declined by 3.7% per year over the past 5 years.
Accelerating Growth: PSN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PSN had negative earnings growth (-45.5%) over the past year, making it difficult to compare to the Professional Services industry average (10.2%).
Return on Equity
High ROE: PSN's Return on Equity (5.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/20 23:31 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Parsons Corporation is covered by 15 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Andrew Wittmann | Baird |
Joshua Sullivan | Benchmark Company |
Ronald Epstein | BofA Global Research |