WE'RE
DIFFERENT
Creating the future of national security and global infrastructure.
William Blair's What's Next for Industrials? Conference
September 24, 2021
FORWARD
LOOKING STATEMENTS
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward- looking statements are based on our current expectations, beliefs, and assumptions, and are not guarantees of future performance. Forward- looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: the impact of COVID-19; any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the government's budgetary approval process; the size of addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. government; our ability to compete effectively in the competitive bidding process and delays, contract terminations or cancellations caused by competitors' protests of major contract
awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train or retain employees with the requisite skills, experience and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings including litigation, audits, reviews and investigations, which may result in material adverse judgments, settlements or other unfavorable outcomes. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors including under the caption "Risk Factors" in our Annual Report with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2020 on Form 10-K, filed on February 24, 2021, and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. We assume no obligation to update any forward-looking statements made during Investor Day that becomes untrue because of subsequent events, new information of otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws.
Sensitive / Proprietary | 2 |
▪ Agile, differentiated solutions integrator | |||
OUR COMPANY | ▪ Entrepreneurial culture with continuous innovation | ||
▪ Valued mission critical partner to our customers | |||
▪ Trailblazer in integrity, diversity, equity and inclusion | |||
Sensitive / Proprietary | 3 |
PARSONS CORPORATION OVERVIEW
SEGMENTS | |
Federal Solutions | Critical Infrastructure |
Deliver information dominance | Lead smart, sustainable |
across all domains | infrastructure deployment |
FINANCIAL SNAPSHOT
$3.7B | 50% | 50% | $4.9B | 44% | 56% |
Critical | Federal | Critical | Federal | ||
Infrastructure | Solutions | Infrastructure | Solutions | ||
Trailing 12-Months (Q2 2021) | Contract Awards | ||||
Trailing 12-Months (Q2 2021) |
KEY FACTS AND FIGURES
77 | ~15.5K | 50 bps | $359M | 1.3X | $8.4B | 1.1x |
Years Of History | Employees | Adjusted EBITDA | Cash Flow from Operations | TTM Book-To-Bill | Backlog As Of | Pro forma Net Debt Leverage |
Margin Expansion | (TTM Q2 2021) | 6/30/2021 | Ratio as of 6/30/21 | |||
(TTM Q2 2021) | ||||||
(TTM Q2 2021) | (includes BlackHorse acq.) | |||||
Sensitive / Proprietary | 4 |
INVESTMENT THESIS
STRONG POSITION IN GROWING, | FAVORABLE FINANCIAL |
ENDURING MARKETS | OUTLOOK |
DIFFERENTIATION IN PEOPLE, | SOCIALLY & ENVIRONMENTALLY |
PROCESSES AND TECHNOLOGY | RESPONSIBLE GLOBAL SOLUTIONS |
Sensitive / Proprietary | 5 |
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Parsons Corporation published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 17:21:04 UTC.