Growth Metrics

Parsons (PSN) Tax Rate: 2017-2024

Historic Tax Rate for Parsons (PSN) over the last 7 years, with Dec 2024 value amounting to 20.94%.

  • Parsons' Tax Rate fell 444.00% to 16.39% in Q3 2025 from the same period last year, while for Sep 2025 it was 19.27%, marking a year-over-year decrease of 386.00%. This contributed to the annual value of 20.94% for FY2024, which is 370.00% down from last year.
  • Latest data reveals that Parsons reported Tax Rate of 20.94% as of FY2024, which was down 15.00% from 24.64% recorded in FY2023.
  • Parsons' 5-year Tax Rate high stood at 26.33% for FY2020, and its period low was 20.94% during FY2024.
  • Over the past 3 years, Parsons' median Tax Rate value was 24.37% (recorded in 2022), while the average stood at 23.31%.
  • Per our database at Business Quant, Parsons' Tax Rate grew by 29bps in 2022 and then plummeted by 370bps in 2024.
  • Yearly analysis of 5 years shows Parsons' Tax Rate stood at 26.33% in 2020, then crashed by 225bps to 24.07% in 2021, then grew by 29bps to 24.37% in 2022, then climbed by 27bps to 24.64% in 2023, then crashed by 370bps to 20.94% in 2024.