Parsons Corp (PSN)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,766,974	123,792	78,002	24,173	193,417	114,774	109,570	60,694	32,233	13,220	-27,658	-48,518	-67,154	857,698	881,940	917,133	920,852	982,133	979,052	913,751
Revenue (ttm)	US$ in thousands	6,510,460	6,264,580	5,873,900	5,562,230	5,420,030	5,029,810	4,747,920	4,402,530	4,178,698	4,025,763	3,849,036	3,719,087	3,642,242	3,654,190	3,700,975	3,802,012	3,900,269	3,976,446	3,996,148	4,003,311
Gross profit margin		27.14%	1.98%	1.33%	0.43%	3.57%	2.28%	2.31%	1.38%	0.77%	0.33%	-0.72%	-1.30%	-1.84%	23.47%	23.83%	24.12%	23.61%	24.70%	24.50%	22.82%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,766,974K ÷ $6,510,460K
= 27.14%

The gross profit margin of Parsons Corp has shown some fluctuations over the past few years. It ranged from a low of -1.84% in December 2021 to a high of 27.14% in December 2024. Despite these fluctuations, the trend seems to be generally positive, with an upward trend in recent quarters. It is important to note that a negative gross profit margin indicates that the cost of goods sold exceeds the revenue generated from sales. Overall, the company has seen improvement in its gross profit margin, especially evidenced by the significant increase to 27.14% in December 2024, which may indicate successful cost management or potentially higher selling prices. The company should continue to monitor and analyze its gross profit margin to ensure sustainable profitability.