Parsons
PSN
#1630
Rank
โ‚ฌ10.04 B
Marketcap
94,61ย โ‚ฌ
Share price
-0.34%
Change (1 day)
62.93%
Change (1 year)

Operating Margin for Parsons (PSN)

Operating Margin as of November 2024 (TTM): 3.18%

According to Parsons's latest financial reports and stock price the company's current Operating Margin is 3.18%. At the end of 2023 the company had an Operating Margin of 5.43%.

Operating Margin history for Parsons from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.43%20.28%
20224.51%26.86%
20213.56%-23.52%
20204.65%102.3%
20192.30%-70.82%
20187.88%59.82%
20174.93%425.66%
20160.94%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98%-476.67%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.