PSN
IndustrialsParsons Corporation · Industrial - Machinery · $6B
What is Parsons Corporation?
Parsons Corporation is a technology-driven defense and critical infrastructure company serving government and commercial clients across North America, the Middle East, and beyond. Its work spans cybersecurity, missile defense, space systems, and large-scale infrastructure programs.
Parsons operates through two segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment delivers cybersecurity, space and geospatial intelligence, missile defense, and command-and-control systems primarily to U.S. defense and intelligence agencies. The Critical Infrastructure segment provides technology services for energy, aviation, healthcare, environmental systems, and nuclear waste processing. Revenue is generated through long-term government contracts and program management engagements, making the business heavily tied to federal budget cycles and infrastructure spending priorities.
Parsons Corporation became a publicly traded company in 2019, headquartered in Centreville, Virginia.
- Cybersecurity and offensive/defensive intelligence platforms for U.S. defense agencies
- Space situational awareness and geospatial intelligence solutions
- Integrated air and missile defense and C5ISR systems
- Critical infrastructure services for energy, aviation, and environmental sectors
- Nuclear waste processing and weapons of mass destruction elimination programs
Is PSN a Good Stock to Buy?
UQS Score rates PSN as Good overall, reflecting a balanced but mixed profile across its five quality pillars.
Valuation stands out as the most favorable pillar, suggesting the market may not be fully pricing in Parsons' long-term contract base relative to peers. The Quality, Growth, and Risk pillars each register as Neutral — indicating a company that is stable and operationally consistent without standing out dramatically in either direction.
The Moat pillar is rated Weak, which points to limited pricing power or differentiation advantages compared to other government contractors in the defense and infrastructure space.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PSN pay dividends?
No — Parsons Corporation does not currently pay a dividend.
Parsons does not currently pay a dividend. As a government-focused technology and services company, capital is typically reinvested into contract execution, capability development, and strategic acquisitions rather than returned to shareholders through distributions. Investors seeking income from this sector may want to weigh that against the company's reinvestment-oriented capital allocation approach.
When does PSN report earnings?
Parsons Corporation reports earnings on a quarterly cadence, consistent with standard practice for U.S.-listed equities.
Parsons has maintained a steady contract pipeline across its federal and infrastructure segments, with performance closely tied to government spending priorities and program awards. Revenue visibility tends to be relatively high given the long-term nature of its contracts, though award timing can create quarter-to-quarter variability.
For the most recent quarter's results and guidance updates, visit Parsons Corporation's investor relations page directly.
PSN Price History
+37.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Parsons Corporation?
Based on Parsons Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
PSN Long-term Outlook
The fundamental outlook for Parsons is shaped by its Neutral Growth pillar — suggesting steady but not accelerating expansion — paired with an Attractive Valuation pillar that may offer a margin of safety for patient investors. The Neutral Risk profile indicates the business does not carry outsized financial or operational hazards relative to sector peers, though the Weak Moat rating is a reminder that contract competition remains intense in the government services space.
Growth drivers
- Sustained U.S. government defense and intelligence spending supporting long-term contract awards
- Growing demand for cybersecurity and space-based intelligence capabilities
- Infrastructure modernization programs driving Critical Infrastructure segment opportunities
Key risks
- Weak competitive moat leaves Parsons exposed to contract re-competition and pricing pressure
- Federal budget uncertainty or continuing resolutions can delay program awards and revenue recognition
- Valuation re-rating risk if growth fails to meet market expectations over time
PSN vs Peers
Parsons operates in a competitive landscape that includes diversified industrial and engineered-solutions companies, each with distinct business models.
EnPro focuses on sealing and engineered products for industrial applications, contrasting with Parsons' government-contract and technology-services orientation.
Gates specializes in power transmission and fluid power solutions for industrial and automotive markets, a very different end-market profile than Parsons' defense and infrastructure focus.
Middleby is a commercial foodservice and industrial equipment manufacturer, serving an entirely different customer base than Parsons' government and infrastructure clients.
Frequently Asked Questions
What does Parsons Corporation do?
Parsons Corporation provides technology-driven solutions across defense, intelligence, and critical infrastructure markets. Its two segments — Federal Solutions and Critical Infrastructure — serve U.S. government agencies and infrastructure clients with services ranging from cybersecurity and missile defense to environmental systems and nuclear waste processing.
Does PSN pay dividends?
No, Parsons does not currently pay a dividend. The company reinvests capital into contract execution, technology development, and acquisitions rather than distributing cash to shareholders. Investors prioritizing income may want to factor this into their assessment.
When does PSN report earnings?
Parsons reports earnings on a quarterly basis, in line with standard U.S. equity reporting requirements. For exact dates and the most recent results, check the investor relations section of the Parsons Corporation website.
Is PSN a good stock to buy?
The UQS Score rates PSN as Good overall. Its Valuation pillar is Attractive, and its Quality, Growth, and Risk pillars are each Neutral. The Moat pillar is rated Weak, reflecting competitive pressures in government contracting. The full pillar breakdown is available to UQS Pro members.
Is PSN overvalued?
Based on the UQS Valuation pillar, PSN is currently rated Attractive — meaning the stock does not appear expensive relative to its fundamentals when compared within its sector. That said, valuation is one of five pillars, and the complete picture requires reviewing all dimensions together.
How does PSN compare to its competitors?
Parsons is differentiated by its deep focus on U.S. government defense, intelligence, and infrastructure contracts. Sector peers like EnPro Industries, Gates Industrial, and Middleby Corporation operate in industrial product markets with very different customer bases, making direct comparisons less straightforward than within the pure-play defense services space.
What is PSN's market cap bracket?
Parsons Corporation is classified as a mid-cap company. This places it in a segment of the market that often balances growth potential with more established operational scale than smaller peers, though with less financial heft than large- or mega-cap defense contractors.
Who founded Parsons Corporation?
Parsons has roots going back decades as a private engineering and construction firm before its public listing in 2019. Detailed founding history is widely available through the company's official corporate history and investor relations materials.
Is PSN a long-term quality investment?
As a long-term quality indicator, PSN's UQS Score of Good reflects a stable but not exceptional profile. The Attractive Valuation and Neutral Risk pillars support a reasonable long-term case, while the Weak Moat rating is a factor to monitor. Pro members can access the full multi-pillar analysis.
What is the main competitive advantage of Parsons Corporation?
Parsons' primary advantage lies in its deep integration with U.S. defense and intelligence agencies, built through long-term program relationships and specialized technical capabilities in areas like cybersecurity, space systems, and missile defense. However, the UQS Moat pillar rates this advantage as Weak relative to sector peers.
What sector does PSN belong to?
Parsons Corporation is classified in the Industrials sector, with a specific focus on defense technology and critical infrastructure services. Investors interested in this space can explore related companies using the [UQS sector view](/sector/industrials).
Is PSN a growth stock or value stock?
Based on UQS pillar labels, PSN leans toward value characteristics — its Valuation pillar is Attractive while its Growth pillar is Neutral, suggesting the market is not pricing in aggressive expansion. It does not fit the profile of a high-growth technology name, but it is not a deep-value turnaround story either.
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Pro Analysis
PSN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 16, 2026 | 51.2 | 51.5 | 29.0 | 53.8 | 51.8 | 83.9 | -1.2 |
| May 7, 2026 | 52.4 | 50.8 | 29.0 | 54.2 | 58.7 | 85.0 | 0.0 |
| May 4, 2026 | 52.4 | 50.8 | 29.0 | 54.2 | 58.7 | 85.5 | -0.1 |
| May 3, 2026 | 52.5 | 50.8 | 29.0 | 54.7 | 58.7 | 85.4 | +0.2 |
| May 2, 2026 | 52.3 | 50.8 | 29.0 | 54.7 | 58.7 | 84.0 | 0.0 |
| Apr 26, 2026 | 52.3 | 50.8 | 29.0 | 54.5 | 58.7 | 84.1 | +0.2 |
| Apr 19, 2026 | 52.1 | 50.8 | 29.0 | 54.7 | 58.7 | 83.0 | 0.0 |
| Apr 18, 2026 | 52.1 | 50.8 | 29.0 | 54.7 | 58.7 | 82.8 | -0.3 |
| Apr 15, 2026 | 52.4 | 50.8 | 29.0 | 54.7 | 58.7 | 84.4 | +0.1 |
| Apr 14, 2026 | 52.3 | 50.8 | 29.0 | 54.4 | 58.7 | 84.3 | 0.0 |
PSN — Pillar Breakdown
Quality
— 50.5/100 (25%)Parsons Corporation has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 53.8/100 (20%)Parsons Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 51.8/100 (15%)Parsons Corporation has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 81.3/100 (15%)Parsons Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 29/100 (25%)Parsons Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PSN.
Score Composition
Financial Data
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How is the PSN UQS Score Calculated?
The UQS (Unified Quality Score) for Parsons Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Parsons Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Parsons Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.