Paychex Inc (PAYX)
121.42
+0.79
(+0.65%)
USD |
NASDAQ |
May 07, 10:05
Paychex Profit Margin (Quarterly): 34.64% for Feb. 29, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| February 29, 2024 | 34.64% |
| November 30, 2023 | 31.22% |
| August 31, 2023 | 32.60% |
| May 31, 2023 | 28.50% |
| February 28, 2023 | 33.84% |
| November 30, 2022 | 30.27% |
| August 31, 2022 | 31.44% |
| May 31, 2022 | 25.90% |
| February 28, 2022 | 33.75% |
| November 30, 2021 | 29.96% |
| August 31, 2021 | 30.81% |
| May 31, 2021 | 25.55% |
| February 28, 2021 | 31.53% |
| November 30, 2020 | 27.69% |
| August 31, 2020 | 22.70% |
| May 31, 2020 | 24.12% |
| February 29, 2020 | 31.02% |
| November 30, 2019 | 26.11% |
| August 31, 2019 | 26.63% |
| May 31, 2019 | 23.50% |
| February 28, 2019 | 30.33% |
| November 30, 2018 | 27.45% |
| August 31, 2018 | 28.23% |
| May 31, 2018 | 25.74% |
| February 28, 2018 | 39.23% |
| Date | Value |
|---|---|
| November 30, 2017 | 24.76% |
| August 31, 2017 | 26.54% |
| May 31, 2017 | 25.53% |
| February 28, 2017 | 25.45% |
| November 30, 2016 | 26.20% |
| August 31, 2016 | 27.68% |
| May 31, 2016 | 23.62% |
| February 29, 2016 | 23.97% |
| November 30, 2015 | 26.19% |
| August 31, 2015 | 28.92% |
| May 31, 2015 | 23.29% |
| February 28, 2015 | 24.05% |
| November 30, 2014 | 25.58% |
| August 31, 2014 | 25.69% |
| May 31, 2014 | 22.83% |
| February 28, 2014 | 24.62% |
| November 30, 2013 | 25.75% |
| August 31, 2013 | 26.55% |
| May 31, 2013 | 21.10% |
| February 28, 2013 | 24.36% |
| November 30, 2012 | 25.97% |
| August 31, 2012 | 26.48% |
| May 31, 2012 | 22.36% |
| February 29, 2012 | 23.78% |
| November 30, 2011 | 26.24% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
22.70%
Minimum
Aug 2020
34.64%
Maximum
Feb 2024
29.09%
Average
30.11%
Median
Profit Margin (Quarterly) Benchmarks
| Cintas Corp | 16.52% |
| Automatic Data Processing Inc | 22.55% |
| Seafarer Exploration Corp | -4.40K% |
| Cass Information Systems Inc | 14.37% |
| Resources Connection Inc | 1.69% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 46.78% |
| Return on Assets | 14.21% |
| Return on Invested Capital | 38.07% |
| Gross Profit Margin (Quarterly) | 73.61% |
| Operating Margin (Quarterly) | 45.15% |
| Return on Net Operating Assets | 40.33% |