Parsons Corp (PSN)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 312,039 217,287 136,321 87,708 141,033
Revenue US$ in thousands 6,706,840 5,418,280 4,176,290 3,641,260 3,902,880
Pretax margin 4.65% 4.01% 3.26% 2.41% 3.61%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $312,039K ÷ $6,706,840K
= 4.65%

The pretax margin of Parsons Corp has shown some fluctuations over the past five years. Starting at 3.61% in December 31, 2020, it declined to 2.41% by December 31, 2021. However, there was a notable recovery in the following years with pretax margins improving to 3.26% by December 31, 2022, 4.01% by December 31, 2023, and reaching a peak of 4.65% by December 31, 2024. Overall, the trend indicates a positive trajectory in improving the company's pretax profitability over the period analyzed.