Current Net Margin
30.97%
Paychex, Inc. currently has a net profit margin of 30.97%.
Financial Fundamentals
PAYX • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2026-02-28 | 1.81 | 0.56 | 30.97% | ▲559 |
| 2025-11-30 | 1.56 | 0.40 | 25.39% | ▲46 |
| 2025-08-31 | 1.54 | 0.38 | 24.92% | ▲410 |
| 2025-05-31 | 1.43 | 0.30 | 20.82% | ▼1359 |
| 2025-02-28 | 1.51 | 0.52 | 34.41% | ▲302 |
| 2024-11-30 | 1.32 | 0.41 | 31.39% | ▼102 |
| 2024-08-31 | 1.32 | 0.43 | 32.42% | ▲308 |
| 2024-05-31 | 1.30 | 0.38 | 29.33% | ▼531 |
| 2024-02-29 | 1.44 | 0.50 | 34.64% | ▲342 |
| 2023-11-30 | 1.26 | 0.39 | 31.22% | ▼138 |
| 2023-08-31 | 1.29 | 0.42 | 32.60% | ▲410 |
| 2023-05-31 | 1.23 | 0.35 | 28.50% | ▼535 |
| 2023-02-28 | 1.38 | 0.47 | 33.85% | ▲358 |
| 2022-11-30 | 1.19 | 0.36 | 30.27% | ▼117 |
| 2022-08-31 | 1.21 | 0.38 | 31.44% | ▲554 |
| 2022-05-31 | 1.14 | 0.30 | 25.90% | ▼785 |
| 2022-02-28 | 1.28 | 0.43 | 33.75% | ▲379 |
| 2021-11-30 | 1.11 | 0.33 | 29.96% | ▼85 |
| 2021-08-31 | 1.08 | 0.33 | 30.81% | ▲525 |
| 2021-05-31 | 1.03 | 0.26 | 25.55% | ▼597 |
| 2021-02-28 | 1.11 | 0.35 | 31.53% | ▲384 |
| 2020-11-30 | 0.98 | 0.27 | 27.69% | ▲499 |
| 2020-08-31 | 0.93 | 0.21 | 22.70% | ▼142 |
| 2020-05-31 | 0.92 | 0.22 | 24.12% | ▼691 |
| 2020-02-29 | 1.14 | 0.35 | 31.02% | ▲491 |
| 2019-11-30 | 0.99 | 0.26 | 26.11% | ▼52 |
| 2019-08-31 | 0.99 | 0.26 | 26.63% | ▲313 |
| 2019-05-31 | 0.98 | 0.23 | 23.50% | ▼682 |
| 2019-02-28 | 1.07 | 0.32 | 30.33% | ▲287 |
| 2018-11-30 | 0.86 | 0.24 | 27.45% | ▼78 |
| 2018-08-31 | 0.86 | 0.24 | 28.23% | ▲200 |
| 2018-05-31 | 0.87 | 0.23 | 26.23% | ▼382 |
| 2018-02-28 | 0.87 | 0.26 | 30.05% | ▲380 |
| 2017-11-30 | 0.83 | 0.22 | 26.26% | ▼163 |
| 2017-08-31 | 0.82 | 0.23 | 27.89% | ▲343 |
| 2017-05-31 | 0.80 | 0.20 | 24.46% | ▼99 |
| 2017-02-28 | 0.80 | 0.20 | 25.45% | ▼75 |
| 2016-11-30 | 0.77 | 0.20 | 26.20% | ▼148 |
| 2016-08-31 | 0.79 | 0.22 | 27.68% | ▲405 |
| 2016-05-31 | 0.75 | 0.18 | 23.62% | ▼35 |
| 2016-02-29 | 0.75 | 0.18 | 23.97% | ▼222 |
| 2015-11-30 | 0.72 | 0.19 | 26.19% | ▼273 |
| 2015-08-31 | 0.72 | 0.21 | 28.92% | ▲563 |
| 2015-05-31 | 0.69 | 0.16 | 23.29% | ▼76 |
| 2015-02-28 | 0.70 | 0.17 | 24.05% | ▼153 |
| 2014-11-30 | 0.68 | 0.17 | 25.58% | ▼11 |
| 2014-08-31 | 0.67 | 0.17 | 25.69% | ▲286 |
| 2014-05-31 | 0.64 | 0.15 | 22.83% | ▼232 |
| 2014-02-28 | 0.64 | 0.16 | 25.15% | ▼84 |
| 2013-11-30 | 0.61 | 0.16 | 26.00% | ▼79 |
| 2013-08-31 | 0.61 | 0.16 | 26.78% | ▲568 |
| 2013-05-31 | 0.59 | 0.12 | 21.10% | ▼326 |
| 2013-02-28 | 0.59 | 0.14 | 24.36% | ▼208 |
| 2012-11-30 | 0.56 | 0.15 | 26.44% | ▼4 |
| 2012-08-31 | 0.58 | 0.15 | 26.48% | ▲412 |
| 2012-05-31 | 0.55 | 0.12 | 22.36% | ▼189 |
| 2012-02-29 | 0.56 | 0.14 | 24.24% | ▼200 |
| 2011-11-30 | 0.54 | 0.14 | 26.24% | ▼73 |
| 2011-08-31 | 0.55 | 0.15 | 26.97% | ▲423 |
| 2011-05-31 | 0.52 | 0.12 | 22.75% | ▼239 |
| 2011-02-28 | 0.52 | 0.13 | 25.13% | ▼102 |
| 2010-11-30 | 0.51 | 0.13 | 26.15% | ▲70 |
| 2010-08-31 | 0.52 | 0.13 | 25.45% | ▲151 |
| 2010-05-31 | 0.48 | 0.12 | 23.94% | ▲126 |
| 2010-02-28 | 0.49 | 0.11 | 22.68% | ▼337 |
| 2009-11-30 | 0.48 | 0.13 | 26.05% | ▲64 |
| 2009-08-31 | 0.49 | 0.12 | 25.41% | ▼165 |
| 2009-05-31 | 0.42 | 0.11 | 27.07% | ▲232 |
| 2009-02-28 | 0.53 | 0.13 | 24.74% | ▼201 |
| 2008-11-30 | 0.52 | 0.14 | 26.76% | ▼109 |
| 2008-08-31 | 0.53 | 0.15 | 27.84% | ▲175 |
| 2008-05-31 | 0.52 | 0.14 | 26.09% | ▼68 |
| 2008-02-29 | 0.53 | 0.14 | 26.77% | ▼220 |
| 2007-11-30 | 0.51 | 0.15 | 28.97% | ▼82 |
| 2007-08-31 | 0.51 | 0.15 | 29.79% | ▲494 |
| 2007-05-31 | 0.49 | 0.12 | 24.85% | ▼124 |
| 2007-02-28 | 0.49 | 0.13 | 26.09% | ▼307 |
| 2006-11-30 | 0.45 | 0.13 | 29.16% | ▼25 |
| 2006-08-31 | 0.46 | 0.14 | 29.41% | ▲154 |
| 2006-05-31 | 0.44 | 0.12 | 27.87% | ▲127 |
| 2006-02-28 | 0.43 | 0.11 | 26.60% | ▼157 |
| 2005-11-30 | 0.40 | 0.11 | 28.17% | ▼33 |
| 2005-08-31 | 0.40 | 0.12 | 28.49% | ▲172 |
| 2005-05-31 | 0.38 | 0.10 | 26.77% | ▲196 |
| 2005-02-28 | 0.37 | 0.09 | 24.82% | ▼20 |
| 2004-11-30 | 0.35 | 0.09 | 25.01% | ▼42 |
| 2004-08-31 | 0.34 | 0.09 | 25.43% | ▲684 |
| 2004-05-31 | 0.33 | 0.06 | 18.59% | ▼492 |
| 2004-02-29 | 0.34 | 0.08 | 23.50% | ▼235 |
| 2003-11-30 | 0.31 | 0.08 | 25.85% | ▼13 |
| 2003-08-31 | 0.31 | 0.08 | 25.98% | ▼415 |
| 2003-05-31 | 0.24 | 0.07 | 30.13% | ▲528 |
| 2003-02-28 | 0.29 | 0.07 | 24.85% | ▼292 |
| 2002-11-30 | 0.27 | 0.07 | 27.77% | ▼228 |
| 2002-08-31 | 0.25 | 0.08 | 30.05% | ▲195 |
| 2002-05-31 | 0.24 | 0.07 | 28.11% | ▲52 |
| 2002-02-28 | 0.24 | 0.07 | 27.58% | ▼190 |
| 2001-11-30 | 0.23 | 0.07 | 29.49% | ▼41 |
| 2001-08-31 | 0.23 | 0.07 | 29.89% | ▲25 |
| 2001-05-31 | 0.23 | 0.07 | 29.64% | ▲70 |
| 2001-02-28 | 0.23 | 0.07 | 28.94% | ▼91 |
| 2000-11-30 | 0.21 | 0.06 | 29.85% | ▲110 |
| 2000-08-31 | 0.20 | 0.06 | 28.76% | ▲259 |
| 2000-05-31 | 0.20 | 0.05 | 26.17% | ▲36 |
| 2000-02-29 | 0.19 | 0.05 | 25.81% | ▼76 |
| 1999-11-30 | 0.17 | 0.05 | 26.57% | ▲72 |
| 1999-08-31 | 0.17 | 0.04 | 25.84% | ▲1341 |
| 1999-05-31 | 0.30 | 0.04 | 12.43% | ▲63 |
| 1999-02-28 | 0.31 | 0.04 | 11.80% | ▼11 |
| 1998-11-30 | 0.28 | 0.03 | 11.91% | ▲77 |
| 1998-08-31 | 0.28 | 0.03 | 11.14% | ▲70 |
| 1998-05-31 | 0.27 | 0.03 | 10.44% | ▲71 |
| 1998-02-28 | 0.27 | 0.03 | 9.73% | ▼77 |
| 1997-11-30 | 0.24 | 0.02 | 10.50% | ▼7 |
| 1997-08-31 | 0.22 | 0.02 | 10.57% | ▲35 |
| 1997-05-31 | 0.20 | 0.02 | 10.22% | ▲35 |
| 1997-02-28 | 0.20 | 0.02 | 9.87% | ▼81 |
| 1996-11-30 | 0.17 | 0.02 | 10.68% | ▲38 |
| 1996-08-31 | 0.17 | 0.02 | 10.30% | ▼644 |
| 1996-05-31 | 0.09 | 0.01 | 16.74% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.