Paychex, Inc. PAYX
101.37
(0.22)
(0.22%)
as of 25 Sep
- Market cap
- $36.0B
- P/E
- 20.1×
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Cash Flow Champion (5y)
Revenue Champion (10y)
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Paychex, Inc. (PAYX) Net margin
Paychex, Inc.'s net margin over the twelve months to 31 August 2026 was 27.4%, up 0.3 percentage points from fiscal 2026 (27.0%). Over the past ten years it has ranged from 24.6% (fiscal 2015) to 32.0% (fiscal 2024); the current reading is higher than 33% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.
Net margin, annual
Annual
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 27.0% | (2.71) |
| FY2025 | 29.7% | (2.29) |
| FY2024 | 32.0% | 0.93 |
| FY2023 | 31.1% | 0.90 |
| FY2022 | 30.2% | 3.15 |
| FY2021 | 27.1% | (0.13) |
| FY2020 | 27.2% | (0.24) |
| FY2019 | 27.4% | (2.01) |
| FY2018 | 29.4% | 3.22 |
| FY2017 | 26.2% | 0.57 |
Quarterly
| Period | Net margin | Change (points) |
|---|---|---|
| Aug 2026 | 26.4% | 0.15 |
| May 2026 | 26.2% | (4.77) |
| Feb 2026 | 31.0% | 5.58 |
| Nov 2025 | 25.4% | 0.47 |
| 43 more quarters | Free account |
Against its own ten years
Low 24.6%
High 32.0%
Ten-year median
27.3%
Current reading's percentile
33
Net margin against peers
| Company | Net margin |
|---|---|
| ZM Zoom Communications, Inc. compare | 65.2% |
| FICO Fair Isaac Corporation compare | 34.1% |
| ROP Roper Technologies, Inc. compare | 30.2% |
| PAYX Paychex, Inc. | 27.4% |
| ADSK Autodesk, Inc. compare | 21.1% |
| SSNC SS&C Technologies Holdings, Inc. compare | 13.2% |
| WDAY Workday, Inc. compare | 12.3% |
| TEAM Atlassian Corporation PLC compare | −0.82% |
| MSTR Strategy Inc compare | −6,294.0% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.55% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on PAYX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement