Parsons Corporation

PSNNYSEIndustrials● Active

$58.78

+$0.06(+0.10%)

Market Cap$6.3B

P/E Ratio—

52W High$89.5

52W Low$48.23

Avg Volume1.3M

Open$58.50

Beta0.64

Overview

Parsons Corporation (PSN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PSN · free cash flow · updated Jun 8, 2026

Core FCF metrics

PSN · FCF · TTM · margin & CAGR

Free cash flow was $410.4M for FY2025 (fiscal year ending 2025-12-31), down 13.5% year-over-year The FCF margin was 6.5%. Five-year CAGR stands at +10.0%.

FY2025 Free Cash Flow$410.4M▼ -13.5% YoY

Trailing 12M (TTM)$417.1Mtrailing 4 quarters sum

FCF Margin6.5%$410.4M ÷ revenue

3-Year CAGR+25.6%FY2022 → FY2025

5-Year CAGR+10.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PSN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$478.4M(68M)$410.4M▼ 13.5%6.5%

FY2024$523.6M(49M)$474.4M▲ +29.2%7.0%

FY2023$407.7M(40M)$367.3M▲ +77.5%6.8%

FY2022$237.5M(31M)$206.9M▲ +12.2%4.9%

FY2021$205.6M(21M)$184.5M▼ 27.7%5.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PSN · P/FCF · FCF yield · FCF per share

Parsons Corporation (PSN) trades at a FCF yield of 6.64% and a price-to-free-cash-flow ratio of 15.1x. FCF per share stands at $3.90, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.64%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.90

TTM FCF ÷ Shares Outstanding

Price / FCF

x15.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

PSN · cash flow statement · operating / investing / financing

For FY2025, Parsons Corporation generated $478.4M in operating cash flow and spent 68M in capital expenditures, yielding $410.4M in free cash flow.

Operating Activities

+$478.4M

Cash from core business operations

2025-12-31

Investing Activities

−$254.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$215.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($478.4M) − |CapEx| (68M) = FCF ($410.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

PSN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Parsons CorporationYOU

PSN

$410.4M-13.5%6.4%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Parsons Corporation (PSN) reported free cash flow of $410.4M for FY2025 (fiscal year ending 2025-12-31), down 13.5% year-over-year. The FCF margin was 6.5%.

Based on available data, Parsons Corporation has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $474.4M in FY2024. The 5-year CAGR stands at +10.0%.

Parsons Corporation's FCF yield is 6.64% and price-to-FCF ratio is 15.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PSN free cash flow · 8 questions

Parsons Corporation free cash flow was $410.4M for FY2025, down 13.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $417.1M.

PSN free cash flowPSN FCFPSN FCF 2025PSN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Parsons Corporation · Parsons Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026