Paychex Past Earnings Performance

Past criteria checks 5/6

Paychex has been growing earnings at an average annual rate of 11%, while the Professional Services industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 7.1% per year. Paychex's return on equity is 44.3%, and it has net margins of 31.9%.

Key information

11.0%

Earnings growth rate

10.9%

EPS growth rate

Professional Services Industry Growth11.0%
Revenue growth rate7.1%
Return on equity44.3%
Net Margin31.9%
Last Earnings Update29 Feb 2024

Recent past performance updates

Recent updates

Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?

Jun 03
Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?

Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98

May 04
Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98

Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Apr 28
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Paychex: Scoop Up This Dividend Growth Stock Now

Apr 10

Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 04
Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Paychex (NASDAQ:PAYX) Might Become A Compounding Machine

Apr 02
Paychex (NASDAQ:PAYX) Might Become A Compounding Machine

Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?

Mar 21
Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?

Paychex: A Wonderful Business, But Waiting For A Better Entry Point

Mar 21

Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Feb 14
Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Paychex: A Dividend Grower Priced At A Discount

Feb 12

Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected

Jan 21
Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected

Paychex, Inc.: Cash Generating Machine Trading At Cheap Valuation

Jan 17

Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

Dec 27
Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

Dec 15
Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued

Oct 20
An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued

Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

Sep 26
Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

Sep 13
With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?

Aug 30
At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?

Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)

Jul 16
Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)

Paychex (NASDAQ:PAYX) Will Want To Turn Around Its Return Trends

Jun 19
Paychex (NASDAQ:PAYX) Will Want To Turn Around Its Return Trends

Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

Jun 07
Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

May 01
Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Calculating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Apr 06
Calculating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Mar 13
Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Feb 27
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Estimating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Jan 04
Estimating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Dec 10
Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Nov 16
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Paychex declares $0.79 dividend

Oct 13

Paychex Q1 2023 Earnings Preview

Sep 27

Paychex, Inc.'s (NASDAQ:PAYX) Intrinsic Value Is Potentially 33% Above Its Share Price

Sep 26
Paychex, Inc.'s (NASDAQ:PAYX) Intrinsic Value Is Potentially 33% Above Its Share Price

Paychex: Expensive Stock, But The Options Market And Chart Present A Bullish Opportunity

Sep 13

Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$127?

Sep 12
Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$127?

Paychex CEO Martin Mucci to retire

Aug 24

With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

Aug 18
With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NasdaqGS:PAYX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
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
31 Aug 132,3615797620

Quality Earnings: PAYX has high quality earnings.

Growing Profit Margin: PAYX's current net profit margins (31.9%) are higher than last year (30.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PAYX's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: PAYX's earnings growth over the past year (10.5%) is below its 5-year average (11% per year).

Earnings vs Industry: PAYX earnings growth over the past year (10.5%) exceeded the Professional Services industry 3.6%.


Return on Equity

High ROE: PAYX's Return on Equity (44.3%) is considered outstanding.


Return on Assets


Return on Capital Employed


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