Parsons

Parsons

Engineering, construction, technical and management services firm. Learn more

Launch date
Employees
Market cap
$10.4b
Enterprise valuation
$11.3b (Public information from Sep 2024)
Centreville Virginia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues3.9b3.7b4.2b5.4b6.5b7.0b7.6b
% growth(1 %)(7 %)15 %30 %20 %8 %7 %
EBITDA310m274m310m416m590m656m728m
% EBITDA margin8 %7 %7 %8 %9 %9 %10 %
Profit98.5m64.1m96.7m161m98.9m312m337m
% profit margin3 %2 %2 %3 %2 %4 %4 %
EV / revenue1.0x1.0x1.3x1.3x1.6x1.4x1.3x
EV / EBITDA12.2x13.4x17.0x17.0x17.9x15.4x13.9x
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DateInvestorsAmountRound

N/A

Late VC
N/A

N/A

IPO
N/A

$250m

Grant
*
N/A

$700m

Post IPO Convertible
Total Funding$250m

Recent News about Parsons

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More about Parsonsinfo icon
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Parsons Corporation is a digitally enabled solutions provider specializing in national security, defense, and global infrastructure. The company operates in diversified markets, offering services that range from groundbreaking infrastructure projects to advanced technology solutions. Parsons serves government and commercial clients, providing expertise in systems and software engineering, quality assurance, compliance, and security. The business model is centered around delivering high-value, innovative solutions that address complex challenges in security and infrastructure. Revenue is generated through contracts with government agencies and commercial entities, focusing on long-term partnerships and project-based engagements. Parsons is also at the forefront of harnessing artificial intelligence (AI) to transform operations and drive innovation in various industries. The company ensures the integrity of vital systems and prepares large-scale data for AI applications, enhancing the efficiency and security of its clients' operations.

Keywords: national security, defense, global infrastructure, AI, technology, systems engineering, quality assurance, compliance, security, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Parsons

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OGSystems
ACQUISITION by Parsons Jan 2019
Xator Corp
ACQUISITION by Parsons May 2022
Williams Electric
ACQUISITION by Parsons Oct 2017
Sealing Technologies
ACQUISITION by Parsons Aug 2023
Braxton Science & Technology Group
ACQUISITION by Parsons Nov 2020
IPKeys Power Partners
ACQUISITION by Parsons Mar 2023
BlackHorse Solutions
ACQUISITION by Parsons Jun 2021
BlackSignal
ACQUISITION by Parsons Jul 2024