Parsons Corp
NYSE:PSN

Watchlist Manager
Parsons Corp Logo
Parsons Corp
NYSE:PSN
Watchlist
Price: 93.43 USD -0.41% Market Closed
Market Cap: 9.9B USD
Have any thoughts about
Parsons Corp?
Write Note

Parsons Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Parsons Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Parsons Corp
NYSE:PSN
Tax Provision
-$26.9m
CAGR 3-Years
1%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Boeing Co
NYSE:BA
Tax Provision
$128m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
TransDigm Group Inc
NYSE:TDG
Tax Provision
-$500m
CAGR 3-Years
-145%
CAGR 5-Years
-18%
CAGR 10-Years
-13%
Lockheed Martin Corp
NYSE:LMT
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-4%
CAGR 10-Years
3%
General Dynamics Corp
NYSE:GD
Tax Provision
-$760m
CAGR 3-Years
-7%
CAGR 5-Years
0%
CAGR 10-Years
4%
Raytheon Technologies Corp
NYSE:RTX
Tax Provision
-$994m
CAGR 3-Years
-25%
CAGR 5-Years
N/A
CAGR 10-Years
8%
No Stocks Found

Parsons Corp
Glance View

Market Cap
9.9B USD
Industry
Aerospace & Defense
Economic Moat
None

Parsons Corporation, an established name in the consulting and engineering services sector, began its journey in the mid-20th century, evolving from a regional player to a global powerhouse. Headquartered in Centreville, Virginia, the company is a testament to adept diversification, primarily focusing on defense, intelligence, and critical infrastructure. Over the decades, Parsons has pivoted to address the burgeoning needs of cybersecurity, intelligent network solutions, and cutting-edge technological systems. The critical lens through which Parsons operates is one that combines traditional engineering practices with high-tech, systems-based solutions to cater to the dynamic needs of both government and commercial clients. At its core, Parsons makes money by strategically blending traditional engineering expertise with advanced technological solutions. This dual focus allows it to capture a broad spectrum of projects - from designing and constructing infrastructure like bridges and tunnels to providing intricate cyber defense systems and threat detection for national security. The company's revenue streams are bolstered by long-term contracts with governmental bodies, ensuring a stable cash flow. Meanwhile, its investments in tech innovations secure its position in competitive markets. By bridging engineering with technology, Parsons not only adapts to changing market demands but also anticipates future challenges, ensuring its longevity and relevance in a rapidly evolving world.

PSN Intrinsic Value
94.13 USD
Undervaluation 1%
Intrinsic Value
Price

See Also

What is Parsons Corp's Tax Provision?
Tax Provision
-26.9m USD

Based on the financial report for Sep 30, 2024, Parsons Corp's Tax Provision amounts to -26.9m USD.

What is Parsons Corp's Tax Provision growth rate?
Tax Provision CAGR 3Y
1%

Over the last year, the Tax Provision growth was 50%. The average annual Tax Provision growth rates for Parsons Corp have been 1% over the past three years .

Back to Top