Parsons vs Tetra Tech
Parsons is the larger business, with $6.36bn of revenue in fiscal 2025 against $5.44bn for Tetra Tech (1.2 times as much). Tetra Tech grew faster (4.7% against -5.7%). Tetra Tech kept more of each dollar of sales as profit: a net margin of 4.6% against 3.8%.
| Latest fiscal year | ParsonsPSN, 2025 | Tetra TechTTEK, 2025 |
|---|---|---|
| Revenue | $6.36bn | $5.44bn |
| Revenue growth | -5.7% | 4.7% |
| Net income | $241m | $248m |
| Operating margin | — | 7.5% |
| Net margin | 3.8% | 4.6% |
| Return on equity | 9.5% | 13.7% |
| Free cash flow | $410m | $439m |
| Cash | $466m | $167m |
| Total debt | $1.24bn | $775m |
| Debt to equity | — | 43.5% |
| Dividend per share | — | $0.25 |
| Dividend yield | — | 0.7% |
| Share buybacks | $125m | $250m |
| Employees | 10,600 | 25,000 |
| Market value | $2.96bn | $10.12bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 34 (Weak) | 47 (Moderate) |
| Insider trades, 12 months | 7 buys, 0 sales | 1 buys, 1 sales |