A method, system, and computer program product to perform parallel multi-threaded common path pessimism removal in integrated circuit design include constructing, using a processor, a thread-specific graphical representation (TSGR) relating to each data node and clock node pair and performing processes in parallel for each TSGR. The processes include determining initial arrival times at the data node and the clock node, computing initial test slack based on the initial arrival times at the data node and the clock node, identifying fan-out nodes among the additional nodes, each fan-out node being an origin of at least two of the edges in the two or more paths to the clock node, generating one or more tags based the fan-out nodes, determining adjusted arrival times based on the one or more tags, and computing adjusted test slack based on the adjusted arrival times.