Paychex Past Earnings Performance
Past criteria checks 4/6
Paychex has been growing earnings at an average annual rate of 11.4%, while the Professional Services industry saw earnings growing at 10.9% 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 Growth | 11.0% |
| Revenue growth rate | 7.0% |
| Return on equity | 44.1% |
| Net Margin | 32.0% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price
Nov 19
Capital Investment Trends At Paychex (NASDAQ:PAYX) Look Strong
Oct 14Paychex Q1: Did Not Put Me Over The Fence
Oct 02Is Paychex, Inc. (NASDAQ:PAYX) Potentially Undervalued?
Sep 21Paychex: Steady But Unspectacular Returns Likely
Sep 12Does Paychex (NASDAQ:PAYX) Deserve A Spot On Your Watchlist?
Aug 27Paychex: A Reliable Buy For Growing Dividend Checks Now
Aug 21Paychex, Inc. (NASDAQ:PAYX) Shares Could Be 33% Below Their Intrinsic Value Estimate
Aug 15Here's What Paychex's (NASDAQ:PAYX) Strong Returns On Capital Mean
Jul 11Paychex: A Model Of Consistency
Jul 07Paychex, Inc. (NASDAQ:PAYX) Annual Results: Here's What Analysts Are Forecasting For This Year
Jun 28Paychex: Uncertainties Ahead Are Keeping Me On The Sidelines
Jun 21Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?
Jun 03Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98
May 04Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today
Apr 28Paychex: Scoop Up This Dividend Growth Stock Now
Apr 10Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 04Paychex (NASDAQ:PAYX) Might Become A Compounding Machine
Apr 02Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?
Mar 21Paychex: A Wonderful Business, But Waiting For A Better Entry Point
Mar 21Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?
Feb 14Paychex: A Dividend Grower Priced At A Discount
Feb 12Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected
Jan 21Paychex, Inc.: Cash Generating Machine Trading At Cheap Valuation
Jan 17Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future
Dec 27Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors
Dec 15An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued
Oct 20Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future
Sep 26With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case
Sep 13At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?
Aug 30Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)
Jul 16Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Paychex makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 5,311 | 1,699 | 1,627 | 0 |
| 31 May 24 | 5,278 | 1,690 | 1,625 | 0 |
| 29 Feb 24 | 5,213 | 1,661 | 1,593 | 0 |
| 30 Nov 23 | 5,155 | 1,630 | 1,580 | 0 |
| 31 Aug 23 | 5,087 | 1,597 | 1,551 | 0 |
| 31 May 23 | 5,007 | 1,557 | 1,521 | 0 |
| 28 Feb 23 | 4,922 | 1,503 | 1,505 | 0 |
| 30 Nov 22 | 4,817 | 1,467 | 1,470 | 0 |
| 31 Aug 22 | 4,735 | 1,438 | 1,448 | 0 |
| 31 May 22 | 4,612 | 1,393 | 1,415 | 0 |
| 28 Feb 22 | 4,497 | 1,359 | 1,385 | 0 |
| 30 Nov 21 | 4,332 | 1,279 | 1,363 | 0 |
| 31 Aug 21 | 4,208 | 1,220 | 1,336 | 0 |
| 31 May 21 | 4,057 | 1,098 | 1,325 | 0 |
| 28 Feb 21 | 3,943 | 1,055 | 1,289 | 0 |
| 30 Nov 20 | 3,974 | 1,059 | 1,282 | 0 |
| 31 Aug 20 | 3,981 | 1,046 | 1,298 | 0 |
| 31 May 20 | 4,041 | 1,098 | 1,299 | 0 |
| 29 Feb 20 | 4,106 | 1,108 | 1,314 | 0 |
| 30 Nov 19 | 4,034 | 1,078 | 1,297 | 0 |
| 31 Aug 19 | 3,902 | 1,055 | 1,259 | 0 |
| 31 May 19 | 3,773 | 1,034 | 1,218 | 0 |
| 28 Feb 19 | 3,638 | 1,022 | 1,158 | 0 |
| 30 Nov 18 | 3,504 | 1,064 | 1,137 | 0 |
| 31 Aug 18 | 3,448 | 1,027 | 1,101 | 0 |
| 31 May 18 | 3,378 | 994 | 1,068 | 0 |
| 28 Feb 18 | 3,331 | 972 | 1,058 | 0 |
| 30 Nov 17 | 3,190 | 807 | 1,016 | 0 |
| 31 Aug 17 | 3,159 | 810 | 998 | 0 |
| 31 May 17 | 3,153 | 826 | 980 | 0 |
| 28 Feb 17 | 3,107 | 800 | 981 | 0 |
| 30 Nov 16 | 3,063 | 778 | 975 | 0 |
| 31 Aug 16 | 3,014 | 765 | 964 | 0 |
| 31 May 16 | 2,952 | 757 | 948 | 0 |
| 29 Feb 16 | 2,890 | 740 | 928 | 0 |
| 30 Nov 15 | 2,842 | 729 | 910 | 0 |
| 31 Aug 15 | 2,796 | 713 | 894 | 0 |
| 31 May 15 | 2,740 | 675 | 878 | 0 |
| 28 Feb 15 | 2,686 | 660 | 854 | 0 |
| 30 Nov 14 | 2,633 | 650 | 833 | 0 |
| 31 Aug 14 | 2,573 | 636 | 821 | 0 |
| 31 May 14 | 2,519 | 628 | 804 | 0 |
| 28 Feb 14 | 2,465 | 605 | 792 | 0 |
| 30 Nov 13 | 2,408 | 590 | 780 | 0 |
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%) did not outperform the Professional Services industry 7.3%.
Return on Equity
High ROE: PAYX's Return on Equity (44.1%) is considered outstanding.