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Side-by-side financial comparison of PARSONS CORP (PSN) and Snap-on (SNA). Click either name above to swap in a different company.

PARSONS CORP is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.3× Snap-on). Snap-on runs the higher net margin — 21.3% vs 3.5%, a 17.9% gap on every dollar of revenue. On growth, Snap-on posted the faster year-over-year revenue change (2.7% vs -7.5%). Snap-on produced more free cash flow last quarter ($254.6M vs $135.6M). Over the past eight quarters, PARSONS CORP's revenue compounded faster (2.2% CAGR vs 2.0%).

Parsons Corporation is an American multinational technology-focused defense, intelligence, and infrastructure engineering firm. Founded in 1944, Parsons is headquartered in Chantilly, Virginia, and serves both government and private sector organizations in more than 30 countries.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

PSN vs SNA — Head-to-Head

Bigger by revenue
PSN
PSN
1.3× larger
PSN
$1.6B
$1.2B
SNA
Growing faster (revenue YoY)
SNA
SNA
+10.2% gap
SNA
2.7%
-7.5%
PSN
Higher net margin
SNA
SNA
17.9% more per $
SNA
21.3%
3.5%
PSN
More free cash flow
SNA
SNA
$119.0M more FCF
SNA
$254.6M
$135.6M
PSN
Faster 2-yr revenue CAGR
PSN
PSN
Annualised
PSN
2.2%
2.0%
SNA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PSN
PSN
SNA
SNA
Revenue
$1.6B
$1.2B
Net Profit
$55.6M
$260.7M
Gross Margin
23.0%
Operating Margin
6.6%
27.8%
Net Margin
3.5%
21.3%
Revenue YoY
-7.5%
2.7%
Net Profit YoY
-72.4%
1.0%
EPS (diluted)
$0.51
$4.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PSN
PSN
SNA
SNA
Q4 25
$1.6B
$1.2B
Q3 25
$1.6B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
$1.1B
Q4 24
$1.7B
$1.2B
Q3 24
$1.8B
$1.1B
Q2 24
$1.7B
$1.2B
Q1 24
$1.5B
$1.2B
Net Profit
PSN
PSN
SNA
SNA
Q4 25
$55.6M
$260.7M
Q3 25
$64.1M
$265.4M
Q2 25
$55.2M
$250.3M
Q1 25
$66.2M
$240.5M
Q4 24
$201.3M
$258.1M
Q3 24
$72.0M
$251.1M
Q2 24
$69.2M
$271.2M
Q1 24
$-107.4M
$263.5M
Gross Margin
PSN
PSN
SNA
SNA
Q4 25
23.0%
Q3 25
22.2%
Q2 25
22.0%
Q1 25
22.8%
Q4 24
21.3%
Q3 24
19.9%
Q2 24
21.0%
Q1 24
21.2%
Operating Margin
PSN
PSN
SNA
SNA
Q4 25
6.6%
27.8%
Q3 25
6.7%
29.4%
Q2 25
6.0%
28.0%
Q1 25
7.0%
27.7%
Q4 24
5.8%
27.9%
Q3 24
6.4%
28.4%
Q2 24
6.7%
29.9%
Q1 24
6.6%
28.9%
Net Margin
PSN
PSN
SNA
SNA
Q4 25
3.5%
21.3%
Q3 25
4.0%
22.5%
Q2 25
3.5%
21.4%
Q1 25
4.3%
21.2%
Q4 24
11.6%
21.7%
Q3 24
4.0%
22.0%
Q2 24
4.1%
23.1%
Q1 24
-7.0%
22.4%
EPS (diluted)
PSN
PSN
SNA
SNA
Q4 25
$0.51
$4.94
Q3 25
$0.59
$5.02
Q2 25
$0.50
$4.72
Q1 25
$0.60
$4.51
Q4 24
$1.85
$4.83
Q3 24
$0.65
$4.70
Q2 24
$0.63
$5.07
Q1 24
$-1.01
$4.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PSN
PSN
SNA
SNA
Cash + ST InvestmentsLiquidity on hand
$466.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$2.6B
Total Assets
$5.8B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSN
PSN
SNA
SNA
Q4 25
$466.4M
Q3 25
$422.6M
$1.5B
Q2 25
$411.3M
$1.5B
Q1 25
$269.7M
$1.4B
Q4 24
$453.5M
$1.4B
Q3 24
$558.8M
$1.3B
Q2 24
$528.5M
$1.2B
Q1 24
$423.1M
$1.1B
Total Debt
PSN
PSN
SNA
SNA
Q4 25
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.2B
Q1 25
$785.2M
Q4 24
$784.1M
$1.2B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
PSN
PSN
SNA
SNA
Q4 25
$2.6B
Q3 25
$2.6B
$5.8B
Q2 25
$2.5B
$5.7B
Q1 25
$2.5B
$5.5B
Q4 24
$2.4B
$5.4B
Q3 24
$2.3B
$5.5B
Q2 24
$2.2B
$5.3B
Q1 24
$2.1B
$5.1B
Total Assets
PSN
PSN
SNA
SNA
Q4 25
$5.8B
Q3 25
$5.7B
$8.4B
Q2 25
$5.7B
$8.2B
Q1 25
$5.4B
$8.1B
Q4 24
$5.5B
$7.9B
Q3 24
$5.4B
$8.0B
Q2 24
$5.2B
$7.8B
Q1 24
$5.1B
$7.7B
Debt / Equity
PSN
PSN
SNA
SNA
Q4 25
0.47×
Q3 25
0.48×
0.21×
Q2 25
0.49×
0.21×
Q1 25
0.32×
Q4 24
0.32×
0.22×
Q3 24
0.49×
Q2 24
0.56×
Q1 24
0.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PSN
PSN
SNA
SNA
Operating Cash FlowLast quarter
$167.5M
$268.1M
Free Cash FlowOCF − Capex
$135.6M
$254.6M
FCF MarginFCF / Revenue
8.5%
20.8%
Capex IntensityCapex / Revenue
2.0%
1.1%
Cash ConversionOCF / Net Profit
3.01×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$410.4M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSN
PSN
SNA
SNA
Q4 25
$167.5M
$268.1M
Q3 25
$162.8M
$277.9M
Q2 25
$159.8M
$237.2M
Q1 25
$-11.8M
$298.5M
Q4 24
$126.8M
$293.5M
Q3 24
$299.0M
$274.2M
Q2 24
$161.2M
$301.1M
Q1 24
$-63.4M
$348.7M
Free Cash Flow
PSN
PSN
SNA
SNA
Q4 25
$135.6M
$254.6M
Q3 25
$149.7M
$258.0M
Q2 25
$150.4M
$217.5M
Q1 25
$-25.3M
$275.6M
Q4 24
$108.0M
$275.4M
Q3 24
$287.3M
$253.8M
Q2 24
$152.0M
$277.9M
Q1 24
$-72.9M
$326.9M
FCF Margin
PSN
PSN
SNA
SNA
Q4 25
8.5%
20.8%
Q3 25
9.2%
21.8%
Q2 25
9.5%
18.6%
Q1 25
-1.6%
24.3%
Q4 24
6.2%
23.1%
Q3 24
15.9%
22.3%
Q2 24
9.1%
23.7%
Q1 24
-4.7%
27.8%
Capex Intensity
PSN
PSN
SNA
SNA
Q4 25
2.0%
1.1%
Q3 25
0.8%
1.7%
Q2 25
0.6%
1.7%
Q1 25
0.9%
2.0%
Q4 24
1.1%
1.5%
Q3 24
0.6%
1.8%
Q2 24
0.6%
2.0%
Q1 24
0.6%
1.9%
Cash Conversion
PSN
PSN
SNA
SNA
Q4 25
3.01×
1.03×
Q3 25
2.54×
1.05×
Q2 25
2.89×
0.95×
Q1 25
-0.18×
1.24×
Q4 24
0.63×
1.14×
Q3 24
4.16×
1.09×
Q2 24
2.33×
1.11×
Q1 24
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PSN
PSN

Unconsolidated Joint Ventures$582.1M36%
Defense And Intelligence$502.8M31%
Engineered Systems$281.4M18%
Consolidated Joint Ventures$216.7M14%
TRS Group Inc$9.4M1%

SNA
SNA

Segment breakdown not available.

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