Parsons Corp (NYSE:PSN)
$ 50.94 +3.89 (+8.27%) Market Cap: 5.45 Bil Enterprise Value: 6.95 Bil PE Ratio: 24.37 PB Ratio: 2.06 GF Score: 80/100

Parsons Corp at Bank of America Merrill Lynch Transportation and Industrials Conference (Virtual) Transcript

May 12, 2020 / 12:40PM GMT
Release Date Price: $39.43 (+0.20%)
Ronald Jay Epstein
BofA Merrill Lynch, Research Division - Industry Analyst

Good morning, everyone, and thank you for joining us for day 2 of our virtual teleconference. This morning, we have Parsons Corporation with us. On the line, we've got Chuck Harrington, Chairman and CEO; George Ball, their Chief Financial Officer; and Dave Spille, Vice President of Investor Relations. So without further ado, let me hand it over to Chuck.

Charles L. Harrington
Parsons Corporation - Chairman & CEO

Thank you, Ron. Before I start with it, it's a very short company overview, I'd like to make my obligatory declaration that maybe making forward-looking statements and the standard forward-looking statement disclosure applies. So a little bit about -- I guess I'll tell you 3 things about 3 things. First, the company overview. We're $4 billion in revenue. We've got a strong balance sheet, low leverage. We're about 0.6 turns, so plenty of dry powder. Strong backlog at about 2 years. 16,000 employees, roughly 3,200 of them are cleared -- most of them highly cleared. We

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