What is Parsons Corporation's cash ratio?

Parsons Corporation (PSN) reported cash ratio of 0.2× in Q1 2026.

How has Parsons Corporation's cash ratio changed year-over-year?

Parsons Corporation's cash ratio increased by 32.7% year-over-year, from 0.1× to 0.2×.

What is the long-term trend for Parsons Corporation's cash ratio?

Over 5 years (2020 to 2025), Parsons Corporation's cash ratio has grown at a -5.7% compound annual growth rate (CAGR), from 0.4× to 0.3×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Parsons Corporation PSN Cash ratio

Cash ratio at other companies

CACI InternationalCACI

0.1×-0.1×

Jacobs SolutionsJ

0.4×0.0×

Tetra TechTTEK

0.2×+0.1×

AECOMACM

0.2×-0.1×

Leidos HoldingsLDOS

0.2×-0.1×

Booz Allen HamiltonBAH

0.4×0.0×

Other financials

Income statement

See full

Revenue$1.5B-4.1%

Gross profit$357.4M+1.0%

Operating income$95.7M-12.4%

Net income$52.9M-20.1%

EPS (diluted)$0.49-18.3%

Balance sheet

See full

Cash & equivalents$283.9M+5.3%

Total debt$1.7B+21.1%

Total equity$2.6B+8.0%

Total assets$6.0B+10.3%

Cash flow

See full

Operating cash flow-$3.7M+68.6%

CapEx$14.9M+10.7%

Free cash flow-$18.6M+26.3%

Valuation

See full

Market cap$5.59B-8.3%

Enterprise value$6.99B-3.3%

P/E24.5×+1.2×

P/S0.9×0.0×

Profitability

See full

Gross margin22.8%+1.6pp

Operating margin6.4%0.0pp

Net margin3.6%-0.2pp

FCF margin6.6%-1.1pp

Returns & leverage

See full

Return on equity8.9%-2.4pp

Debt / equity0.6×+0.1×

Current ratio1.8×+0.5×

Where this comes from

Calculated from Parsons Corporation’s reported figures.

cash and equivalents/total current liabilities=0.2×

Based on the most recent quarter.

The official record: Parsons Corporation’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Parsons Corporation's cash ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Parsons Corporation's cash ratio?: Parsons Corporation (PSN) reported cash ratio of 0.2× in Q1 2026.
How has Parsons Corporation's cash ratio changed year-over-year?: Parsons Corporation's cash ratio increased by 32.7% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Parsons Corporation's cash ratio?: Over 5 years (2020 to 2025), Parsons Corporation's cash ratio has grown at a -5.7% compound annual growth rate (CAGR), from 0.4× to 0.3×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.