Parsons (STU:59P) Tax Rate % : 25.92% (As of Mar. 2024)

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What is Parsons Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Parsons's Tax Expense for the three months ended in Mar. 2024 was €-30 Mil. Parsons's Pre-Tax Income for the three months ended in Mar. 2024 was €-114 Mil. Therefore, Parsons's Tax Rate % for the quarter that ended in Mar. 2024 was 25.92%.

Parsons Tax Rate % Historical Data

The historical data trend for Parsons's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Parsons Tax Rate % Chart

Parsons Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-103.93

26.32

20.99

23.86

21.26

Parsons Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.59	21.75	20.28	19.65	25.92

Parsons Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Parsons's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	51.479	/	242.137
	=	21.26 %

Parsons's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-29.655	/	-114.398
	=	25.92 %

Parsons Tax Rate % Related Terms

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Parsons (STU:59P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (STU:59P) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PSN:USA 59P:Germany

Address

5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120

Website

https://www.parsons.com

Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

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