Paychex Past Earnings Performance

Past criteria checks 5/6

Paychex has been growing earnings at an average annual rate of 11.4%, while the Professional Services industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 7% per year. Paychex's return on equity is 44.1%, and it has net margins of 32%.

Key information

11.4%

Earnings growth rate

11.3%

EPS growth rate

Professional Services Industry Growth12.1%
Revenue growth rate7.0%
Return on equity44.1%
Net Margin32.0%
Last Earnings Update31 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Paychex makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

WBAG:PAYX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 245,3111,6991,6270
31 May 245,2781,6901,6250
29 Feb 245,2131,6611,5930
30 Nov 235,1551,6301,5800
31 Aug 235,0871,5971,5510
31 May 235,0071,5571,5210
28 Feb 234,9221,5031,5050
30 Nov 224,8171,4671,4700
31 Aug 224,7351,4381,4480
31 May 224,6121,3931,4150
28 Feb 224,4971,3591,3850
30 Nov 214,3321,2791,3630
31 Aug 214,2081,2201,3360
31 May 214,0571,0981,3250
28 Feb 213,9431,0551,2890
30 Nov 203,9741,0591,2820
31 Aug 203,9811,0461,2980
31 May 204,0411,0981,2990
29 Feb 204,1061,1081,3140
30 Nov 194,0341,0781,2970
31 Aug 193,9021,0551,2590
31 May 193,7731,0341,2180
28 Feb 193,6381,0221,1580
30 Nov 183,5041,0641,1370
31 Aug 183,4481,0271,1010
31 May 183,3789941,0680
28 Feb 183,3319721,0580
30 Nov 173,1908071,0160
31 Aug 173,1598109980
31 May 173,1538269800
28 Feb 173,1078009810
30 Nov 163,0637789750
31 Aug 163,0147659640
31 May 162,9527579480
29 Feb 162,8907409280
30 Nov 152,8427299100
31 Aug 152,7967138940
31 May 152,7406758780
28 Feb 152,6866608540
30 Nov 142,6336508330
31 Aug 142,5736368210
31 May 142,5196288040
28 Feb 142,4656057920
30 Nov 132,4085907800

Quality Earnings: PAYX has high quality earnings.

Growing Profit Margin: PAYX's current net profit margins (32%) are higher than last year (31.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PAYX's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: PAYX's earnings growth over the past year (6.3%) is below its 5-year average (11.4% per year).

Earnings vs Industry: PAYX earnings growth over the past year (6.3%) exceeded the Professional Services industry -5.4%.


Return on Equity

High ROE: PAYX's Return on Equity (44.1%) is considered outstanding.


Return on Assets


Return on Capital Employed


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