• Parsons average ebitda margin for 2023 was 7.52%, a 0.79% increase from 2022.
• Parsons average ebitda margin for 2022 was 7.58%, a 2.82% decline from 2021.
• Parsons average ebitda margin for 2021 was 7.8%, a 12.88% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.