Paychex Inc (PAYX)
121.66
-0.31
(-0.25%)
USD |
NASDAQ |
Apr 26, 11:10
Paychex Gross Profit Margin (Quarterly): 73.61% for Feb. 29, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| February 29, 2024 | 73.61% |
| November 30, 2023 | 71.05% |
| August 31, 2023 | 71.99% |
| May 31, 2023 | 69.93% |
| February 28, 2023 | 73.00% |
| November 30, 2022 | 69.81% |
| August 31, 2022 | 70.90% |
| May 31, 2022 | 68.54% |
| February 28, 2022 | 72.40% |
| November 30, 2021 | 70.09% |
| August 31, 2021 | 71.14% |
| May 31, 2021 | 69.32% |
| February 28, 2021 | 70.46% |
| November 30, 2020 | 67.48% |
| August 31, 2020 | 67.06% |
| May 31, 2020 | 68.12% |
| February 29, 2020 | 70.22% |
| November 30, 2019 | 67.36% |
| August 31, 2019 | 67.20% |
| May 31, 2019 | 67.15% |
| February 28, 2019 | 69.61% |
| November 30, 2018 | 69.16% |
| August 31, 2018 | 69.23% |
| May 31, 2018 | 68.62% |
| February 28, 2018 | 70.92% |
| Date | Value |
|---|---|
| November 30, 2017 | 69.04% |
| August 31, 2017 | 70.74% |
| May 31, 2017 | 71.11% |
| February 28, 2017 | 70.24% |
| November 30, 2016 | 70.66% |
| August 31, 2016 | 71.34% |
| May 31, 2016 | 70.78% |
| February 29, 2016 | 69.98% |
| November 30, 2015 | 71.59% |
| August 31, 2015 | 71.55% |
| May 31, 2015 | 70.59% |
| February 28, 2015 | 70.04% |
| November 30, 2014 | 70.56% |
| August 31, 2014 | 70.86% |
| May 31, 2014 | 69.01% |
| February 28, 2014 | 70.63% |
| November 30, 2013 | 71.84% |
| August 31, 2013 | 72.29% |
| May 31, 2013 | 70.44% |
| February 28, 2013 | 71.14% |
| November 30, 2012 | 71.27% |
| August 31, 2012 | 71.72% |
| May 31, 2012 | 69.34% |
| February 29, 2012 | 69.41% |
| November 30, 2011 | 69.59% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
67.06%
Minimum
Aug 2020
73.61%
Maximum
Feb 2024
69.84%
Average
70.01%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Automatic Data Processing Inc | 42.34% |
| Cintas Corp | 49.37% |
| Seafarer Exploration Corp | -- |
| Cass Information Systems Inc | -- |
| Resources Connection Inc | 37.02% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 46.78% |
| Return on Assets | 14.21% |
| Return on Invested Capital | 38.07% |
| Profit Margin (Quarterly) | 34.64% |
| Operating Margin (Quarterly) | 45.15% |
| Return on Net Operating Assets | 40.33% |