diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1cd27d5..ce29cae 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,10 @@ Inspired by [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
 Note: This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [3.2.0] - 2026-02-19
+### Added
+- Added `find_all_tokens` method that recursively collects all substitution parameter names, including those nested inside method call arguments.
+
 ## [3.1.0] - 2026-01-23
 ### Added
 - Added `to_f` formatter, which converts a string to a float value.
@@ -59,6 +63,7 @@ Note: This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0
 ### Changed
 - Replace hobo_support with invoca-utils
 
+[3.2.0]: https://github.com/Invoca/parameter_substitution/compare/v3.1.0...v3.2.0
 [2.0.0]: https://github.com/Invoca/parameter_substitution/compare/v1.4.0...v2.0.0
 [1.4.0]: https://github.com/Invoca/parameter_substitution/compare/v1.3.0...v1.4.0
 [1.3.0]: https://github.com/Invoca/parameter_substitution/compare/v1.2.0...v1.3.0
diff --git a/Gemfile.lock b/Gemfile.lock
index c57c30e..daca776 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    parameter_substitution (3.1.0)
+    parameter_substitution (3.2.0)
       activesupport (>= 6.0)
       builder (~> 3.2)
       invoca-utils (~> 0.3)
diff --git a/lib/parameter_substitution.rb b/lib/parameter_substitution.rb
index 24e3d00..688f8b1 100644
--- a/lib/parameter_substitution.rb
+++ b/lib/parameter_substitution.rb
@@ -69,6 +69,18 @@ def find_tokens(string_with_tokens, mapping: {}, context_overrides: {})
       parse_expression(context).substitution_parameter_names
     end
 
+    # Returns all substitution parameter names found in the input string, including
+    # those nested inside method call arguments.
+    #
+    # @param string_with_tokens [String] the input string containing tokens
+    # @param mapping [Hash] the mapping of parameters to values
+    # @param context_overrides [Hash] optional overrides for context attributes
+    # @return [Array<String>] all parameter names, including nested ones
+    def find_all_tokens(string_with_tokens, mapping: {}, context_overrides: {})
+      context = build_context(string_with_tokens, mapping, context_overrides)
+      parse_expression(context).all_substitution_parameter_names
+    end
+
     def find_formatters(string_with_tokens, mapping: {}, context_overrides: {})
       context = build_context(string_with_tokens, mapping, context_overrides)
       parse_expression(context).method_names
diff --git a/lib/parameter_substitution/expression.rb b/lib/parameter_substitution/expression.rb
index 9afdd17..246e8e6 100644
--- a/lib/parameter_substitution/expression.rb
+++ b/lib/parameter_substitution/expression.rb
@@ -42,6 +42,18 @@ def substitution_parameter_names
       @expression_list.map_compact(&:parameter_name)
     end
 
+    # Recursively collects all substitution parameter names, including those
+    # nested inside method call arguments.
+    #
+    # @example
+    #   # For "<dclid.compare_string(<gclid>, 'a', 'b')>"
+    #   # returns ["dclid", "gclid"]
+    #
+    # @return [Array<String>] all parameter names, including nested ones
+    def all_substitution_parameter_names
+      @expression_list.flat_map { |expr| parameter_names_from_expression(expr) }
+    end
+
     def method_names
       @expression_list.reduce([]) do |all_method_names, expression|
         all_method_names + methods_used_by_expression(expression)
@@ -142,5 +154,34 @@ def missing_methods(expression)
     def pluralize_text(text, amount)
       text + (amount > 1 ? 's' : '')
     end
+
+    # Extracts the parameter name from an expression and recursively collects
+    # any nested parameter names from its method call arguments.
+    #
+    # @param expr [TextExpression, SubstitutionExpression] a single expression node
+    # @return [Array<String>] parameter names found in this expression and its arguments
+    def parameter_names_from_expression(expr)
+      if (name = expr.parameter_name)
+        [name] + parameter_names_from_method_calls(expr.try(:method_calls))
+      else
+        []
+      end
+    end
+
+    # Collects parameter names from nested Expression arguments within method calls.
+    #
+    # @param method_calls [Array<MethodCallExpression>, nil] the method calls to inspect
+    # @return [Array<String>] parameter names found in nested expression arguments
+    def parameter_names_from_method_calls(method_calls)
+      if method_calls
+        method_calls.flat_map do |method_call|
+          method_call.arguments.flat_map do |arg|
+            arg.is_a?(Expression) ? arg.all_substitution_parameter_names : []
+          end
+        end
+      else
+        []
+      end
+    end
   end
 end
diff --git a/lib/parameter_substitution/version.rb b/lib/parameter_substitution/version.rb
index b42d1e9..660c7f8 100644
--- a/lib/parameter_substitution/version.rb
+++ b/lib/parameter_substitution/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 class ParameterSubstitution
-  VERSION = "3.1.0"
+  VERSION = "3.2.0"
 end
diff --git a/spec/lib/parameter_substitution/expression_spec.rb b/spec/lib/parameter_substitution/expression_spec.rb
index 6cb43b8..fcaf604 100644
--- a/spec/lib/parameter_substitution/expression_spec.rb
+++ b/spec/lib/parameter_substitution/expression_spec.rb
@@ -67,6 +67,44 @@ def parse_expression(parameter_expression, context_options = {})
       end
     end
 
+    context "#all_substitution_parameter_names" do
+      it "returns top-level parameter names" do
+        expression = parse_expression("<simple_text><param_two>")
+
+        expect(expression.all_substitution_parameter_names).to eq(["simple_text", "param_two"])
+      end
+
+      it "returns nested parameter names from method call arguments" do
+        expression = parse_expression("<simple_text.if_nil(<another_simple_text>)>")
+
+        expect(expression.all_substitution_parameter_names).to eq(["simple_text", "another_simple_text"])
+      end
+
+      it "returns deeply nested parameter names" do
+        expression = parse_expression("<simple_text.if_nil(<another_simple_text.if_nil(<color>)>)>")
+
+        expect(expression.all_substitution_parameter_names).to eq(["simple_text", "another_simple_text", "color"])
+      end
+
+      it "returns nested parameter names with formatters applied" do
+        expression = parse_expression("<simple_text.if_nil(<another_simple_text.downcase>)>")
+
+        expect(expression.all_substitution_parameter_names).to eq(["simple_text", "another_simple_text"])
+      end
+
+      it "returns parameter names from multiple top-level expressions with nesting" do
+        expression = parse_expression("<simple_text.if_nil(<color>)><another_simple_text.if_nil(<integer>)>")
+
+        expect(expression.all_substitution_parameter_names).to eq(["simple_text", "color", "another_simple_text", "integer"])
+      end
+
+      it "returns empty array for plain text" do
+        expression = parse_expression("just plain text")
+
+        expect(expression.all_substitution_parameter_names).to eq([])
+      end
+    end
+
     context "#method_names" do
       it "return expression list method names" do
         expression = parse_expression("<simple_text.do_a_barrel_roll><foo.bar>")
diff --git a/spec/lib/parameter_substitution_spec.rb b/spec/lib/parameter_substitution_spec.rb
index ce9ffd4..46ec422 100644
--- a/spec/lib/parameter_substitution_spec.rb
+++ b/spec/lib/parameter_substitution_spec.rb
@@ -156,6 +156,69 @@ def self.find(_key); end
         end
       end
 
+      context "#find_all_tokens" do
+        it "returns top-level tokens the same as find_tokens" do
+          expect(ParameterSubstitution.find_all_tokens(expression)).to eq(['call', 'do_a_barrel_roll'])
+        end
+
+        it "returns nested tokens from method call arguments" do
+          nested_expression = "<dclid.compare_string(<gclid>, 'a', 'b')>"
+
+          expect(ParameterSubstitution.find_all_tokens(nested_expression)).to eq(['dclid', 'gclid'])
+        end
+
+        it "returns deeply nested tokens" do
+          deeply_nested = "<outer.if_nil(<middle.if_nil(<inner>)>)>"
+
+          expect(ParameterSubstitution.find_all_tokens(deeply_nested)).to eq(['outer', 'middle', 'inner'])
+        end
+
+        it "returns nested tokens with formatters applied to nested params" do
+          nested_with_formatters = "<dclid.compare_string(<gclid.downcase>, 'a', 'b')>"
+
+          expect(ParameterSubstitution.find_all_tokens(nested_with_formatters)).to eq(['dclid', 'gclid'])
+        end
+
+        it "returns tokens from multiple expressions with nesting" do
+          multi_nested = "<param1.if_nil(<param2>)><param3.if_nil(<param4>)>"
+
+          expect(ParameterSubstitution.find_all_tokens(multi_nested)).to eq(['param1', 'param2', 'param3', 'param4'])
+        end
+
+        context 'with non-default delimiters' do
+          let(:test_expression) { "[call.start_time.blank_if_nil][do_a_barrel_roll.downcase]" }
+          let(:test_mapping) { {} }
+          let(:test_context_overrides) do
+            {
+              parameter_start: "[",
+              parameter_end: "]",
+              allow_unknown_replacement_parameters: true,
+              allow_nil: true,
+              allow_unmatched_parameter_end: true
+            }
+          end
+
+          context 'with symbol override keys' do
+            include_examples "passes context_overrides with symbolized keys to Context" do
+              subject { ParameterSubstitution.find_all_tokens(test_expression, mapping: test_mapping, context_overrides: test_context_overrides) }
+            end
+          end
+
+          context 'with string override keys' do
+            include_examples "passes context_overrides with symbolized keys to Context" do
+              subject { ParameterSubstitution.find_all_tokens(test_expression, mapping: test_mapping, context_overrides: test_context_overrides.transform_keys(&:to_s)) }
+            end
+          end
+        end
+
+        include_examples "validates context_overrides" do
+          let(:test_expression) { expression }
+          let(:test_mapping) { mapping }
+          let(:test_context_overrides) { {} }
+          subject { ParameterSubstitution.find_all_tokens(test_expression, mapping: test_mapping, context_overrides: test_context_overrides) }
+        end
+      end
+
       context '#find_formatters' do
         it "returns all formatters after first dot when no mapping is provided" do
           expect(ParameterSubstitution.find_formatters(expression)).to eq(['start_time', 'blank_if_nil', 'downcase'])