Parsons Corp
NYSE:PSN
Parsons Corp
Tax Provision
Parsons Corp
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Parsons Corp
NYSE:PSN
|
Tax Provision
-$77m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Boeing Co
NYSE:BA
|
Tax Provision
$381m
|
CAGR 3-Years
-20%
|
CAGR 5-Years
-25%
|
CAGR 10-Years
N/A
|
|
|
TransDigm Group Inc
NYSE:TDG
|
Tax Provision
-$520m
|
CAGR 3-Years
-104%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
-14%
|
|
|
Lockheed Martin Corp
NYSE:LMT
|
Tax Provision
-$884m
|
CAGR 3-Years
11%
|
CAGR 5-Years
3%
|
CAGR 10-Years
5%
|
|
|
Northrop Grumman Corp
NYSE:NOC
|
Tax Provision
-$842m
|
CAGR 3-Years
24%
|
CAGR 5-Years
-23%
|
CAGR 10-Years
0%
|
|
|
Raytheon Technologies Corp
NYSE:RTX
|
Tax Provision
-$1.2B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-23%
|
CAGR 10-Years
6%
|
|
Parsons Corp
Glance View
Parsons Corporation, an established name in the consulting and engineering services sector, began its journey in the mid-20th century, evolving from a regional player to a global powerhouse. Headquartered in Centreville, Virginia, the company is a testament to adept diversification, primarily focusing on defense, intelligence, and critical infrastructure. Over the decades, Parsons has pivoted to address the burgeoning needs of cybersecurity, intelligent network solutions, and cutting-edge technological systems. The critical lens through which Parsons operates is one that combines traditional engineering practices with high-tech, systems-based solutions to cater to the dynamic needs of both government and commercial clients. At its core, Parsons makes money by strategically blending traditional engineering expertise with advanced technological solutions. This dual focus allows it to capture a broad spectrum of projects - from designing and constructing infrastructure like bridges and tunnels to providing intricate cyber defense systems and threat detection for national security. The company's revenue streams are bolstered by long-term contracts with governmental bodies, ensuring a stable cash flow. Meanwhile, its investments in tech innovations secure its position in competitive markets. By bridging engineering with technology, Parsons not only adapts to changing market demands but also anticipates future challenges, ensuring its longevity and relevance in a rapidly evolving world.
See Also
What is Parsons Corp's Tax Provision?
Tax Provision
-77m
USD
Based on the financial report for Dec 31, 2024, Parsons Corp's Tax Provision amounts to -77m USD.
What is Parsons Corp's Tax Provision growth rate?
Tax Provision CAGR 3Y
-48%
Over the last year, the Tax Provision growth was -37%. The average annual Tax Provision growth rates for Parsons Corp have been -48% over the past three years .
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