Parsons
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 3.9b | 3.7b | 4.2b | 5.4b | 6.5b | 7.0b | 7.6b |
% growth | (1 %) | (7 %) | 15 % | 30 % | 20 % | 8 % | 7 % |
EBITDA | 310m | 274m | 310m | 416m | 590m | 656m | 728m |
% EBITDA margin | 8 % | 7 % | 7 % | 8 % | 9 % | 9 % | 10 % |
Profit | 98.5m | 64.1m | 96.7m | 161m | 98.9m | 312m | 337m |
% profit margin | 3 % | 2 % | 2 % | 3 % | 2 % | 4 % | 4 % |
EV / revenue | 1.0x | 1.0x | 1.3x | 1.3x | 1.6x | 1.4x | 1.3x |
EV / EBITDA | 12.2x | 13.4x | 17.0x | 17.0x | 17.9x | 15.4x | 13.9x |
Date | Investors | Amount | Round |
---|---|---|---|
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
EditParsons 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.