Parsons Corp (PSN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 5,487,960 | 5,443,340 | 5,238,730 | 5,098,440 | 4,804,060 | 4,732,990 | 4,507,510 | 4,255,810 | 4,198,140 | 4,094,990 | 4,109,800 | 3,808,840 | 3,830,940 | 3,823,930 | 3,839,300 | 3,865,000 | 3,937,700 | 3,918,760 | 3,451,180 | 3,488,600 |
| Operating ROA | 7.80% | 7.45% | 7.14% | 6.65% | 6.00% | 5.58% | 5.43% | 4.73% | 4.42% | 4.38% | 3.77% | 3.74% | 3.46% | 3.33% | 4.00% | 4.65% | 4.52% | 4.10% | 4.28% | 2.66% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $428,066K ÷ $5,487,960K
= 7.80%
Operating ROA for Parsons Corp has shown an upward trend over the analyzed period, starting at 2.66% in March 2020 and gradually increasing to 7.80% by December 2024. This indicates that the company has been effective in generating earnings from its operational assets over time. The consistent improvement in operating ROA reflects efficient asset utilization and effective management of operating expenses, leading to higher profitability relative to its asset base. The increasing trend suggests that Parsons Corp has been able to enhance its operational efficiency and profitability, which is a positive indicator of its financial performance and management effectiveness.
Peer comparison
Dec 31, 2024