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Parsons (Parsons) Revenue : $5,443 Mil (TTM As of Dec. 2023)


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What is Parsons Revenue?

Parsons's revenue for the three months ended in Dec. 2023 was $1,494 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,443 Mil. Parsons's Revenue per Share for the three months ended in Dec. 2023 was $12.90. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $47.28.

During the past 12 months, the average Revenue per Share Growth Rate of Parsons was 27.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -0.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Parsons's highest 3-Year average Revenue per Share Growth Rate was 6.90% per year. The lowest was -9.80% per year. And the median was 0.90% per year.


Parsons Revenue Historical Data

The historical data trend for Parsons's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parsons Revenue Chart

Parsons Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 3,954.81 3,918.95 3,660.77 4,195.27 5,442.75

Parsons Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,103.11 1,173.47 1,356.49 1,418.57 1,494.23

Competitive Comparison of Parsons's Revenue

For the Information Technology Services subindustry, Parsons's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parsons's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Parsons's Revenue distribution charts can be found below:

* The bar in red indicates where Parsons's Revenue falls into.



Parsons Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,443 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parsons  (NYSE:PSN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Parsons Revenue Related Terms

Thank you for viewing the detailed overview of Parsons's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Parsons (Parsons) Business Description

Traded in Other Exchanges
Address
5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
Executives
George L. Ball officer: Chief Financial Officer 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
Matthew Ofilos officer: Chief Financial Officer C/O PARSONS CORPORATION, 5875 TRINITY PARKWAY, #300, CENTREVILLE VA 20210
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Susan M. Balaguer officer: Chief Human Resources Officer C/O PARSONS, 5875 TRINITY PARKWAY #300, CENTREVILLE VA 20120
Carey A. Smith officer: Chief Operating Officer 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Michael Richard Kolloway officer: See Remarks 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Harry T. Mcmahon director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
David C Wajsgras director 870 WINTER STREET, WALTHAM MA 02451
Darren W Mcdew director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Debra Fiori officer: Chief People Officer C/O PARSONS CORPORATION, 5875 TRINITY PARKWAY, #300, CENTREVILLE VA 20120
Charles L. Harrington director, officer: See Remarks 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
James F Mcgovern director
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101