)
Parsons (PSN) investor relations material
Parsons Barclays 43rd Annual Industrial Select Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Performance highlights and recent achievements
Exceeded high end of 2023 targets, with strong revenue growth across six end markets and 120 basis points EBITDA margin expansion; cash flow CAGR reached 26%.
Middle East delivered double-digit growth for three years, with 8.5% projected for the coming year; North America growth is more cyclical due to project completions.
Federal business expects 6.5% growth (excluding a confidential contract), with strong demand in missile defense and cyber/electronic warfare.
Margin expansion continues, with 10.4% in critical infrastructure and 20 basis points expected in federal; recent Altamira acquisition adds accretive margins.
Backlog at record levels: 73% funded, $8.7B in backlog, and $11B in awarded-not-booked, with strong visibility and quality.
Forward-looking growth and strategic positioning
2026-2028 plan targets mid-single digit organic growth, anchored by strong Middle East performance and infrastructure opportunities.
Book-to-bill expected at 1.0 or better in both federal and critical infrastructure, with 21 consecutive quarters above 1.0 in CI.
FAA technical support contract to increase by 25% in 2026; new and renewed federal contracts include missile defense, cyber, and research lab awards.
Golden Dome missile defense project offers long-term integration and system engineering opportunities, with a key flight test in 2028.
Growth drivers include alignment with major federal and infrastructure funding bills, Middle East megaprojects, and expanding defense and security sectors.
Competitive advantages and portfolio strategy
Six decades of continuous Middle East presence, with a 50/50 joint venture in Saudi Arabia and delivery of major projects like Qiddiya and King Salman Airport.
Diversified portfolio with a 50/50 split between federal and critical infrastructure, leveraging synergies in aviation, PFAS, and critical infrastructure protection.
Altamira acquisition strengthens intelligence, missile warning, and space ground systems capabilities, enhancing cross-selling and federal market reach.
AI is deeply embedded in both federal and infrastructure offerings, driving operational transformation and value chain advancement.
Focus remains on markets with 4%-11% CAGR, high win rates, and technological differentiation, aiming to stay a top player in enduring, profitable sectors.
Next Parsons earnings date
Next Parsons earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage