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 14.8% annually. Revenues have been growing at an average rate of 7.1% per year. Paychex's return on equity is 43.8%, 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 rate7.1%
Return on equity43.8%
Net Margin32.0%
Last Earnings Update30 Nov 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
30 Nov 245,3701,7191,6390
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

Quality Earnings: PAYX has high quality earnings.

Growing Profit Margin: PAYX's current net profit margins (32%) are higher than last year (31.6%).


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 (5.5%) is below its 5-year average (11.4% per year).

Earnings vs Industry: PAYX earnings growth over the past year (5.5%) exceeded the Professional Services industry 0.1%.


Return on Equity

High ROE: PAYX's Return on Equity (43.8%) is considered outstanding.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 14:26
End of Day Share Price 2024/12/27 00:00
Earnings2024/11/30
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Paychex, Inc. is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Mark MarconBaird
Ishan MajumdarBaptista Research