Parsons Corp (PSN)

Net profit margin

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	78,676	54,172	28,241	161,149	144,372	126,496	101,550	96,664	97,506	87,293	75,700	64,072	56,710	78,010	94,607	98,541	90,652	106,806	123,766	120,534
Revenue (ttm)	US$ in thousands	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	3,932,510
Net profit margin		1.26%	0.92%	0.51%	2.97%	2.87%	2.66%	2.31%	2.31%	2.42%	2.27%	2.04%	1.76%	1.55%	2.11%	2.49%	2.53%	2.28%	2.67%	3.09%	3.07%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $78,676K ÷ $6,264,580K
= 1.26%

The net profit margin of Parsons Corp has shown some variability over the past eight quarters. The net profit margin is an important profitability ratio that indicates the percentage of revenue that translates into net income after all expenses have been deducted.

Analyzing the data provided, we observe that the net profit margin has ranged from a low of 0.51% in March 2024 to a high of 3.09% in December 2019. There seems to be some volatility in the net profit margin, with fluctuations occurring quarter by quarter.

Overall, it is important to closely monitor the trend in net profit margin over time to assess the company's ability to generate profits from its operations. A declining trend in net profit margin may indicate decreasing profitability, whereas an increasing trend suggests improved efficiency in managing costs and expenses relative to revenue. Further analysis and contextual information would be necessary to fully understand the factors influencing the net profit margin of Parsons Corp.