Parsons Corp (PSN)

Operating 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
Operating income (ttm)	US$ in thousands	428,066	405,698	374,050	339,072	288,358	264,247	244,920	201,106	185,666	179,201	154,925	142,513	132,446	127,157	153,691	179,737	177,815	160,510	147,688	92,718
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
Operating profit margin		6.58%	6.48%	6.37%	6.10%	5.32%	5.25%	5.16%	4.57%	4.44%	4.45%	4.03%	3.83%	3.64%	3.48%	4.15%	4.73%	4.56%	4.04%	3.70%	2.32%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $428,066K ÷ $6,510,460K
= 6.58%

Parsons Corp's operating profit margin has shown an overall increasing trend over the periods from March 31, 2020, to December 31, 2024. The margin started at 2.32% in March 2020 and steadily increased to 6.58% by December 2024. There were fluctuations in the margin over the period, with some slight declines in between but generally moving upward.

The company's profitability improved consistently from 2020 to 2024, reflecting efficient cost management and higher revenue generation relative to operating expenses. The upward trend in the operating profit margin indicates the company's ability to control costs and improve efficiency in its operations. This positive trajectory suggests a healthy financial performance and a strengthened position in the market.