Parsons (PSN) Tax Rate (2018 - 2026)
Parsons' (PSN) quarterly Tax Rate came in at 19.79% in Q1 2026, up 95.0% year-on-year from 10.15% in Q1 2025, and up 182.86% on a QoQ basis from 23.88% in Q4 2025.
Parsons (PSN) Tax Rate (2018 - 2026) Analysis & Trends
Parsons (PSN) has 9 years of Tax Rate data on file, last reported at 19.79% in Q1 2026.
- On a quarterly basis, Tax Rate rose 95.0% year-over-year to 19.79% in Q1 2026; TTM through Mar 2026 was 7.76%, a 1289.0% decrease from a year earlier, with the FY2025 full-year figure at 8.12%, down 1116.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.79%, up from 23.88% in the prior quarter.
- Over the last five years, Tax Rate for PSN reached as high as 25.4% in Q1 2022 and fell as low as 53.91% in Q4 2022.
- Historically, Tax Rate has averaged 11.97% across 5 years, with a median of 20.28% in 2023.
- Across the five-year window, Tax Rate slumped 7499 bps in 2022 and jumped 3977 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 53.91% in 2022, then soared by 74 bps to 14.14% in 2023, then jumped by 250 bps to 21.26% in 2024, then plunged by 212 bps to 23.88% in 2025, then jumped by 183 bps to 19.79% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.79% in Q1 2026, 23.88% in Q4 2025, and 16.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 24.19% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -8.48% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 29.49% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 28.00% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 40.93% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 23.99% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -22.49% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.88% |
| 10 | Parsons | 6.27 Bn | 6.09 Bn | 357.42 Mn | 19.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.79% |
| Mar 31, 2026 | 19.79% |
| Mar 31, 2026 | 19.79% |
| Dec 31, 2025 | -23.88% |
| Dec 31, 2025 | -23.88% |
| Dec 31, 2025 | -23.88% |
| Sep 30, 2025 | 16.39% |
| Sep 30, 2025 | 16.39% |
| Sep 30, 2025 | 16.39% |
| Jun 30, 2025 | 20.96% |
| Jun 30, 2025 | 20.96% |
| Jun 30, 2025 | 20.96% |
| Mar 31, 2025 | 18.83% |
| Mar 31, 2025 | 18.83% |
| Mar 31, 2025 | 18.83% |
| Dec 31, 2024 | 21.26% |
| Dec 31, 2024 | 21.26% |
| Dec 31, 2024 | 21.26% |
| Sep 30, 2024 | 20.83% |
| Sep 30, 2024 | 20.83% |