PARSONS CORP Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Parsons Corp quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Parsons Corp Operating Margin for the quarter ending September 30, 2024 was 6.23 %, a 19.1% increase year-over-year.
  • Parsons Corp annual Operating Margin for 2023 was 5.3 %, a 19.7% increase from 2022.
  • Parsons Corp annual Operating Margin for 2022 was 4.43 %, a 22.4% increase from 2021.
  • Parsons Corp annual Operating Margin for 2021 was 3.62 %, a 20.3% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.3 +0.87 +19.7% Jan 1, 2023 Dec 31, 2023
2022 4.43 +0.81 +22.4% Jan 1, 2022 Dec 31, 2022
2021 3.62 -0.92 -20.3% Jan 1, 2021 Dec 31, 2021
2020 4.54 +2.21 +94.9% Jan 1, 2020 Dec 31, 2020
2019 2.33 -3.43 -59.6% Jan 1, 2019 Dec 31, 2019
2018 5.76 +0.76 +15.2% Dec 30, 2017 Dec 31, 2018
2017 5 Dec 31, 2016 Dec 29, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.