Parsons (PSN) Tax Rate (2018 - 2026)
Parsons' Tax Rate was 112.38% in Q2 2026, up 91.42 percentage points from 20.96% a year earlier and up 92.59 percentage points from the prior quarter.
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Analysis
Parsons (PSN) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Parsons' Tax Rate was 20.28% through Jun 30, 2026, down 0.16 percentage points year-over-year; for FY2025, it came in at 19.25%, down 1.69 percentage points from FY2024.
- Tax Rate has now declined for three consecutive years, with a five-year change of -7.07 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.94% in FY2024 (-0.32 pp), 21.26% in FY2023 (-2.60 pp), 23.86% in FY2022 (+2.86 pp) and 20.99% in FY2021 (-5.33 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q2 2019.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +11.06 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2026 (a gain of 91.42 percentage points); the worst was Q4 2021 (a drop of 13.39 percentage points).
- Per Business Quant data, PSN's Tax Rate in the three quarters before Q2 2026 was 19.79% (Q1 2026), 21.05% (Q4 2025) and 16.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.20 Bn | 278.20 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 249.38 Bn | 222.59 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 152.06 Bn | 58.76 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 116.66 Bn | 103.39 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 91.36 Bn | 86.97 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 90.03 Bn | 77.14 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 74.17 Bn | 70.53 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 68.46 Bn | 57.71 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 67.76 Bn | 20.21 Bn | 3.65 Bn | 20.96% |
| 10 | Parsons | 4.38 Bn | 3.06 Bn | 295.24 Mn | 112.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 112.38% |
| Mar 31, 2026 | 19.79% |
| Dec 31, 2025 | 21.05% |
| Sep 30, 2025 | 16.39% |
| Jun 30, 2025 | 20.96% |
| Mar 31, 2025 | 18.83% |
| Dec 31, 2024 | 21.26% |
| Sep 30, 2024 | 20.83% |
| Jun 30, 2024 | 21.73% |
| Mar 31, 2024 | 19.50% |
| Dec 31, 2023 | 19.65% |
| Sep 30, 2023 | 20.28% |
| Jun 30, 2023 | 21.75% |
| Mar 31, 2023 | 24.59% |
| Dec 31, 2022 | 24.84% |
| Sep 30, 2022 | 24.05% |
| Jun 30, 2022 | 20.10% |
| Mar 31, 2022 | 25.40% |
| Dec 31, 2021 | 12.70% |
| Sep 30, 2021 | 25.51% |
API Access
Parsons Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PSN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PSN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();