PSN (Parsons) Retained Earnings : $427 Mil (As of Dec. 2024)

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What is Parsons Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Parsons's retained earnings for the quarter that ended in Dec. 2024 was $427 Mil.

Parsons's quarterly retained earnings increased from Jun. 2024 ($156 Mil) to Sep. 2024 ($227 Mil) and increased from Sep. 2024 ($227 Mil) to Dec. 2024 ($427 Mil).

Parsons's annual retained earnings increased from Dec. 2022 ($43 Mil) to Dec. 2023 ($204 Mil) and increased from Dec. 2023 ($204 Mil) to Dec. 2024 ($427 Mil).

Parsons Retained Earnings Historical Data

The historical data trend for Parsons's Retained Earnings 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.

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Parsons Retained Earnings Chart

Parsons Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-120.57

-53.53

43.09

203.72

426.78

Parsons Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															203.72	87.26	155.54	227.33	426.78

Parsons Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Parsons (NYSE:PSN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Parsons Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (NYSE:PSN) » Definitions » Retained Earnings

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59P:Germany

Address

14291 Park Meadow Drive, Suite 100, Chantilly, VA, USA, 20151

Website

https://www.parsons.com

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