Financial Statements

Parsons Corporation (PSN)


-1.20 (-3.14%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -121-218--186-
Net Income 649912116897
Stock Dividends 3-1-28618-283
Dividend Paid ---52--
Retained Earnings -54-121-218--186

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3313569288-
Annual Depreciation -23933234116
Capital Expenditure -21-34-68-29-28
Net PPE 2873313569288

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -4977371,0471,262
New Purchases -----
Intangible and Goodwill 4977371,0471,2621,413

Parsons Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Parsons Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.