Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Parsons's annualizedGross Profit for the quarter that ended in Dec. 2023 was $1,469 Mil.
Parsons's average Total Assets over the quarter that ended in Dec. 2023 was $4,769 Mil. Therefore, Parsons's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 30.80%.
Parsons Gross-Profit-to-Asset % Historical Data
The historical data trend for Parsons's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Parsons's Gross-Profit-to-Asset %
For the Information Technology Services subindustry, Parsons's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Parsons's Gross-Profit-to-Asset % Distribution in the Software Industry
For the Software industry and Technology sector, Parsons's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Parsons's Gross-Profit-to-Asset % falls into.
Parsons Gross-Profit-to-Asset % Calculation
Parsons's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Parsons Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Parsons's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
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