Paychex Operating Margin 2012-2026 | PAYX

Current and historical operating margin for Paychex (PAYX) over the last 10 years. The current operating profit margin for Paychex as of May 31, 2026 is 30.48%.
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Paychex Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-05-31 $6.51B $2.51B 38.55%
2026-02-28 $6.33B $2.34B 36.90%
2025-11-30 $6.03B $2.24B 37.07%
2025-08-31 $5.79B $2.20B 38.03%
2025-05-31 $5.57B $2.21B 39.63%
2025-02-28 $5.44B $2.26B 41.53%
2024-11-30 $5.37B $2.22B 41.28%
2024-08-31 $5.31B $2.19B 41.14%
2024-05-31 $5.28B $2.17B 41.19%
2024-02-29 $5.21B $2.15B 41.15%
2023-11-30 $5.16B $2.11B 40.87%
2023-08-31 $5.09B $2.07B 40.75%
2023-05-31 $5.01B $2.03B 40.60%
2023-02-28 $4.92B $1.97B 40.11%
2022-11-30 $4.82B $1.93B 39.97%
2022-08-31 $4.74B $1.89B 39.98%
2022-05-31 $4.61B $1.84B 39.90%
2022-02-28 $4.50B $1.80B 40.03%
2021-11-30 $4.33B $1.71B 39.37%
2021-08-31 $4.21B $1.62B 38.50%
2021-05-31 $4.06B $1.46B 36.01%
2021-02-28 $3.94B $1.41B 35.68%
2020-11-30 $3.97B $1.41B 35.43%
2020-08-31 $3.98B $1.40B 35.07%
2020-05-31 $4.04B $1.46B 36.15%
2020-02-29 $4.11B $1.48B 35.92%
2019-11-30 $4.03B $1.43B 35.56%
2019-08-31 $3.90B $1.40B 35.86%
2019-05-31 $3.77B $1.37B 36.32%
2019-02-28 $3.64B $1.36B 37.33%
2018-11-30 $3.50B $1.30B 37.04%
2018-08-31 $3.45B $1.29B 37.53%
2018-05-31 $3.38B $1.29B 38.22%
2018-02-28 $3.33B $1.30B 39.08%
2017-11-30 $3.19B $1.24B 38.85%
2017-08-31 $3.16B $1.25B 39.49%
2017-05-31 $3.15B $1.25B 39.77%
2017-02-28 $3.11B $1.22B 39.17%
2016-11-30 $3.06B $1.19B 38.84%
2016-08-31 $3.02B $1.17B 38.91%
2016-05-31 $2.95B $1.15B 38.82%
2016-02-29 $2.89B $1.12B 38.82%
2015-11-30 $2.84B $1.11B 38.93%
2015-08-31 $2.80B $1.08B 38.71%
2015-05-31 $2.74B $1.05B 38.48%
2015-02-28 $2.69B $1.03B 38.35%
2014-11-30 $2.63B $1.02B 38.64%
2014-08-31 $2.57B $1.00B 38.72%
2014-05-31 $2.52B $0.98B 39.04%
2014-02-28 $2.46B $0.97B 39.25%
2013-11-30 $2.41B $0.94B 39.09%
2013-08-31 $2.36B $0.92B 39.07%
2013-05-31 $2.33B $0.91B 38.92%
2013-02-28 $2.29B $0.89B 38.79%
2012-11-30 $2.27B $0.87B 38.52%
2012-08-31 $2.25B $0.86B 38.38%
2012-05-31 $2.23B $0.85B 38.28%
2012-02-29 $2.20B $0.84B 38.19%
2011-11-30 $2.16B $0.83B 38.37%
2011-08-31 $2.13B $0.82B 38.33%
2011-05-31 $2.08B $0.79B 37.76%
2011-02-28 $2.06B $0.78B 37.82%
2010-11-30 $2.03B $0.75B 36.73%
2010-08-31 $2.02B $0.74B 36.45%
2010-05-31 $2.00B $0.73B 36.23%
2010-02-28 $2.00B $0.73B 36.23%
2009-11-30 $2.02B $0.75B 37.29%
2009-08-31 $2.05B $0.77B 37.73%
2009-05-31 $2.08B $0.81B 38.65%
2009-02-28 $2.11B $0.83B 39.36%
2008-11-30 $2.11B $0.84B 39.92%
2008-08-31 $2.09B $0.84B 40.09%
2008-05-31 $2.07B $0.83B 40.08%
2008-02-29 $2.03B $0.79B 38.84%
2007-11-30 $1.99B $0.75B 37.90%
2007-08-31 $1.93B $0.73B 37.54%
2007-05-31 $1.89B $0.70B 37.17%
2007-02-28 $1.84B $0.71B 38.55%
2006-11-30 $1.79B $0.70B 39.05%
2006-08-31 $1.73B $0.67B 38.96%
2006-05-31 $1.68B $0.65B 38.87%
2006-02-28 $1.61B $0.63B 38.79%
2005-11-30 $1.56B $0.60B 38.54%
2005-08-31 $1.50B $0.57B 37.77%
2005-05-31 $1.45B $0.53B 36.96%
2005-02-28 $1.40B $0.48B 34.24%
2004-11-30 $1.37B $0.46B 33.63%
2004-08-31 $1.33B $0.45B 33.61%
2004-05-31 $1.29B $0.43B 33.46%
2004-02-29 $1.25B $0.44B 35.41%
2003-11-30 $1.20B $0.43B 35.78%
2003-08-31 $1.16B $0.41B 35.73%
2003-05-31 $1.10B $0.40B 36.36%
2003-02-28 $1.05B $0.39B 37.38%
2002-11-30 $1.01B $0.38B 37.66%
2002-08-31 $0.97B $0.37B 38.23%
2002-05-31 $0.96B $0.36B 38.12%
2002-02-28 $0.94B $0.36B 38.30%
2001-11-30 $0.93B $0.36B 38.88%
2001-08-31 $0.90B $0.35B 39.07%
2001-05-31 $0.87B $0.34B 38.74%
2001-02-28 $0.84B $0.32B 38.07%
2000-11-30 $0.80B $0.30B 37.45%
2000-08-31 $0.77B $0.28B 36.60%
2000-05-31 $0.73B $0.26B 35.76%
2000-02-29 $0.84B $0.24B 28.98%
1999-11-30 $0.95B $0.22B 23.37%
1999-08-31 $0.92B $0.07B 7.06%
1999-05-31 $1.04B $0.05B 4.63%
1999-02-28 $1.00B $0.03B 3.30%
1998-11-30 $0.83B $-0.12B -14.55%
1998-08-31 $0.92B $0.01B 0.76%
1998-05-31 $0.85B $0.00B -0.59%
1998-02-28 $0.79B $-0.02B -2.03%
1997-11-30 $0.85B $0.11B 13.35%
1997-08-31 $0.79B $0.10B 13.20%
1997-05-31 $0.74B $0.10B 13.06%
1997-02-28 $0.62B $0.09B 14.42%
1996-11-30 $0.51B $0.08B 15.81%
1996-08-31 $0.47B $0.13B 26.77%
1996-05-31 $0.42B $0.17B 39.15%
1996-02-29 $0.41B $0.16B 39.02%
1995-11-30 $0.39B $0.16B 39.59%
1995-08-31 $0.33B $0.10B 30.79%
1995-05-31 $0.27B $0.05B 19.03%
1995-02-28 $0.26B $0.05B 18.43%
1994-11-30 $0.24B $0.04B 18.03%
1994-08-31 $0.23B $0.04B 17.52%
1994-05-31 $0.22B $0.04B 16.52%
1994-02-28 $0.22B $0.04B 16.28%
1993-11-30 $0.21B $0.03B 15.53%
1993-08-31 $0.20B $0.03B 14.65%
1993-05-31 $0.19B $0.03B 14.21%
1993-02-28 $0.18B $0.03B 13.74%
1992-11-30 $0.18B $0.02B 13.14%
1992-08-31 $0.17B $0.02B 12.50%
1992-05-31 $0.16B $0.02B 11.80%
1992-02-29 $0.15B $0.02B 11.04%
1991-11-30 $0.15B $0.02B 10.88%
1991-08-31 $0.14B $0.02B 10.64%
1991-05-31 $0.14B $0.01B 10.29%
1991-02-28 $0.13B $0.01B 9.85%
1990-11-30 $0.13B $0.01B 9.38%
1990-08-31 $0.12B $0.01B 9.68%
1990-05-31 $0.12B $0.01B 10.00%
1990-02-28 $0.12B $0.01B 11.21%
1989-11-30 $0.11B $0.01B 12.61%
1989-08-31 $0.11B $0.01B 13.21%
1989-05-31 $0.10B $0.01B 13.73%
1989-02-28 $0.10B $0.01B 13.40%
1988-11-30 $0.09B $0.01B 13.04%
1988-08-31 $0.09B $0.01B 12.64%
1988-05-31 $0.08B $0.01B 12.50%
1988-02-29 $0.08B $0.01B 14.67%
1987-11-30 $0.07B $0.01B 15.49%
1987-08-31 $0.07B $0.01B 16.42%
1987-05-31 $0.06B $0.01B 17.19%
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $42.152B $6.512B
Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company offers an ever-growing variety of payroll and human resource products and services that help clients do what they do best - run their business. With a wide range of services - including payroll processing, retirement services, insurance, and a fully outsourced human resource solution - Paychex customizes its offering to the client's business, whether it is small or large, simple or complex.
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Toast (TOST) United States $17.111B 42.14
Topicus (TOITF) Canada $14.716B 141.06
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Quantinuum (QNT) United States $12.928B 0.00
Guidewire Software (GWRE) United States $12.738B 74.63
DigitalOcean Holdings (DOCN) United States $12.546B 100.18
HubSpot (HUBS) United States $12.497B 78.81
Grab Holdings (GRAB) Singapore $12.375B 50.33
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SailPoint (SAIL) United States $11.350B 66.27
Dayforce (DAY) United States $11.030B 65.64
Pinterest (PINS) United States $11.030B 50.49
Figma (FIG) United States $10.882B 0.00
Confluent (CFLT) United States $10.691B 0.00
Paycom Software (PAYC) United States $10.044B 25.70
Match Group (MTCH) United States $9.905B 14.38
Snap (SNAP) United States $9.877B 0.00
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Wisetech Global (WIGBY) $8.969B 0.00
Elastic (ESTC) United States $8.936B 0.00
Procore Technologies (PCOR) United States $8.622B 1418.50
GitLab (GTLB) United States $8.205B 0.00
Compass (COMP) United States $8.068B 177.50
AppFolio (APPF) United States $7.858B 48.34
Paylocity Holding (PCTY) United States $7.851B 25.91
UiPath (PATH) United States $7.596B 40.72
Clearwater Analytics Holdings (CWAN) United States $7.331B 111.64
Netskope (NTSK) United States $6.946B 0.00
KANZHUN LIMITED (BZ) China $6.337B 16.61
Nice (NICE) Israel $6.235B 11.22
D-Wave Quantum (QBTS) United States $6.226B 0.00
TEMENOS GROUP (TMSNY) Switzerland $6.034B 0.00
OneStream (OS) United States $5.732B 97.96
CLEAR Secure (YOU) United States $5.715B 28.74
Bullish (BLSH) Cayman Islands $5.674B 99.00
ServiceTitan (TTAN) United States $5.628B 0.00
Navan (NAVN) United States $5.435B 0.00
Rigetti Computing (RGTI) United States $5.097B 0.00
Klaviyo (KVYO) United States $4.954B 87.00
Global Business Travel (GBTG) United States $4.942B 135.14
Monday (MNDY) Israel $4.917B 52.52
Box (BOX) United States $4.783B 105.64
Waystar Holding (WAY) United States $4.775B 18.17
BlackBerry (BB) Canada $4.550B 51.67
Workiva (WK) United States $4.259B 85.27
BILL Holdings (BILL) United States $4.236B 41.05
CCC Intelligent Solutions Holdings (CCC) United States $3.982B 32.19
Fastly (FSLY) United States $3.960B 0.00
Sportradar Group AG (SRAD) Switzerland $3.953B 220.00
Tenable Holdings (TENB) United States $3.864B 100.23
Q2 Holdings (QTWO) United States $3.863B 37.54
First Advantage (FA) United States $3.827B 19.89
Kinaxis (KXSCF) Canada $3.472B 0.00
Magnite (MGNI) United States $3.419B 43.35
NCR Atleos (NATL) United States $3.419B 10.59
Kingdee Software Group (KGDEY) China $3.399B 0.00
Freshworks (FRSH) United States $3.298B 70.22
Kingsoft Cloud Holdings (KC) China $2.970B 0.00
Cellebrite DI (CLBT) Israel $2.911B 41.68
Intapp (INTA) United States $2.906B 0.00
Csquare (CSQR) United States $2.884B 0.00
Braze (BRZE) United States $2.883B 0.00
AvePoint (AVPT) United States $2.877B 42.50
Appian (APPN) United States $2.744B 127.70
ChronoScale Holdings (CHRN) United States $2.739B 0.00
Grindr (GRND) United States $2.734B 31.46
Opendoor Technologies (OPEN) United States $2.692B 0.00
StoneCo (STNE) Cayman Islands $2.472B 5.46
Trump Media & Technology Group (DJT) United States $2.460B 0.00
Five9 (FIVN) United States $2.431B 22.52
Penguin Solutions (PENG) United States $2.387B 26.03
NCino (NCNO) United States $2.345B 31.69
Asana (ASAN) United States $2.212B 0.00
Diebold Nixdorf (DBD) United States $2.207B 10.52
Flywire (FLYW) United States $2.202B 69.61
Calix (CALX) United States $2.188B 49.64
Porch (PRCH) United States $2.178B 0.00
Alkami Technology (ALKT) United States $2.126B 0.00
Vertex (VERX) United States $2.123B 30.44
DoubleVerify Holdings (DV) United States $2.096B 23.31
Karooooo (KARO) Singapore $2.077B 33.78
Ziff Davis (ZD) United States $1.966B 11.16
A10 Networks (ATEN) United States $1.860B 36.07
SoftwareOne Holding AG (SWONF) Switzerland $1.855B 0.00
Quantum Computing (QUBT) United States $1.804B 0.00
SEMrush Holdings (SEMR) United States $1.802B 0.00
BlackLine (BL) United States $1.761B 32.92
VNET - (VNET) China $1.666B 0.00
Mega Fortune (MGRT) Hong Kong, SAR China $1.656B 0.00
Arlo Technologies (ARLO) United States $1.494B 65.52
Digital Turbine (APPS) United States $1.419B 20.94
Lightspeed Commerce (LSPD) Canada $1.393B 91.91
EverCommerce (EVCM) United States $1.336B 50.40
Radware (RDWR) Israel $1.241B 46.83
ZoomInfo Technologies (GTM) United States $1.220B 4.99
PagerDuty (PD) United States $1.167B 26.98
ODDITY Tech (ODD) Israel $1.084B 171.09
Arteris (AIP) United States $1.013B 0.00
Tuya (TUYA) China $0.972B 16.27
Riskified (RSKD) United States $0.932B 0.00
Nextdoor Holdings (NXDR) United States $0.908B 0.00
EverQuote (EVER) United States $0.866B 7.80
Rapid7 (RPD) United States $0.862B 19.98
Yalla Group (YALA) $0.838B 6.94
Backblaze (BLZE) United States $0.795B 0.00
Ceva (CEVA) United States $0.782B 0.00
PubMatic (PUBM) United States $0.756B 0.00
Consensus Cloud Solutions (CCSI) United States $0.677B 7.57
BUUU Group (BUUU) Hong Kong, SAR China $0.652B 0.00
ONESPAN INC (OSPN) United States $0.646B 15.10
Docebo (DCBO) Canada $0.632B 20.63
VTEX (VTEX) Cayman Islands $0.626B 22.94
Udemy (UDMY) United States $0.626B 61.29
Cognyte Software (CGNT) Israel $0.616B 277.67
Weave Communications (WEAV) United States $0.586B 0.00
VERRA MOBILITY CORP (VRRM) United States $0.552B 3.00
Hello Group (MOMO) China $0.530B 4.88
MF (MFI) Hong Kong, SAR China $0.456B 0.00
Materialise (MTLS) Belgium $0.451B 28.26
Rimini Street (RMNI) United States $0.438B 33.50
CI&T (CINT) Brazil $0.429B 11.00
I3 Verticals (IIIV) United States $0.412B 27.95
PowerFleet (AIOT) United States $0.409B 152.50
Allot (ALLT) Israel $0.408B 36.44
Bumble (BMBL) United States $0.392B 1.34
Blend Labs (BLND) United States $0.343B 0.00
ON24 (ONTF) United States $0.337B 0.00
Alight (ALIT) United States $0.333B 1.69
Platinum Analytics Cayman (PLTS) Singapore $0.316B 0.00
Gloo Holdings (GLOO) United States $0.281B 0.00
CS Disco (LAW) United States $0.277B 0.00
8x8 Inc (EGHT) United States $0.266B 6.36
A2Z Cust2Mate Solutions (AZ) Canada $0.258B 0.00
Arqit Quantum (ARQQ) United Kingdom $0.249B 0.00
Kaltura (KLTR) United States $0.217B 0.00
Perfect (PERF) Taiwan $0.197B 32.17
SCHMID Group (SHMD) Cayman Islands $0.183B 0.00
Datavault AI (DVLT) United States $0.182B 0.00
Domo (DOMO) United States $0.177B 0.00
KOREs (KORE) United States $0.163B 0.00
DeFi Development (DFDV) United States $0.162B 0.00
ReposiTrak (TRAK) United States $0.151B 22.46
Z Squared (ZSQR) United States $0.146B 0.00
EGain (EGAN) United States $0.136B 14.05
Zapata Quantum Inc (ZPTA) United States $0.135B 0.00
Sangoma Technologies (SANG) Canada $0.120B 0.00
DIRTT Environmental Solutions (DRTTF) Canada $0.117B 0.00
Digimarc (DMRC) United States $0.113B 0.00
Definitive Healthcare (DH) United States $0.109B 25.50
Micware, - (MWC) Japan $0.109B 0.00
Synchronoss Technologies (SNCR) United States $0.104B 10.35
Audioeye (AEYE) United States $0.101B 19.12
RTB Digital (RTB) United States $0.100B 0.00
Getty Images Holdings (GETY) United States $0.099B 0.00
Cheetah Mobile (CMCM) China $0.092B 0.00
Xtend AI Robotics (XTND) United States $0.090B 0.00
Thryv Holdings (THRY) United States $0.088B 0.00
Chegg (CHGG) United States $0.085B 0.00
Rank One Computing (ROC) United States $0.083B 0.00
FatPipe (FATN) United States $0.080B 11.29
Jiayin Group (JFIN) China $0.077B 2.30
Inseego (INSG) United States $0.071B 0.00
Rekor Systems (REKR) United States $0.064B 0.00
SkyAI (SKYA) United States $0.061B 0.00
AEye (LIDR) United States $0.057B 0.00
Vivid Seats (SEAT) United States $0.053B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.048B 0.00
VirnetX Holding Corp (VHC) United States $0.046B 0.00
Phunware (PHUN) United States $0.041B 0.00
OneMedNet (ONMD) United States $0.040B 0.00
Aurora Mobile (JG) China $0.039B 35.94
Creative Realities (CREX) United States $0.037B 0.00
XBP Global Holdings (XBP) United States $0.036B 0.00
Republic Power Group (RPGL) Singapore $0.024B 0.00
MIND C.T.I (MNDO) Israel $0.021B 6.50
Marwynn Holdings (MWYN) United States $0.020B 0.00
UCloudlink Group (UCL) Hong Kong, SAR China $0.016B 0.00
Game Your Game (GYGY) United States $0.015B 0.00
YXT.COM - (YXT) China $0.014B 0.00
RedCloud Holdings (RCT) United Kingdom $0.014B 0.00
SAGTEC GLOBAL LIMITED (SAGT) $0.012B 0.00
Cyngn (CYN) United States $0.012B 0.00
CISO Global (CISO) United States $0.011B 0.00
MultiSensor AI Holdings (MSAI) United States $0.011B 0.00
Nvni Group (NVNI) Cayman Islands $0.010B 0.00
Upland Software (UPLD) United States $0.009B 0.42
MBody AI (MBAI) Israel $0.009B 0.00
Oblong (OBLG) United States $0.009B 0.00
Next Technology Holding (NXTT) Japan $0.009B 0.00
SurgePays (SURG) United States $0.008B 0.00
AuthID (AUID) United States $0.008B 0.00
ARB IOT Group (ARBB) $0.008B 0.00
Veea (VEEA) United States $0.007B 0.00
Alpha Compute Corp (ALP) $0.006B 0.00
Versus Systems (VS) United States $0.006B 0.00
Baiya Group (BIYA) China $0.006B 0.00
Locafy (LCFY) Australia $0.005B 0.00
Wellchange Holdings (WCT) Hong Kong, SAR China $0.004B 0.00
Iveda Solutions (IVDA) United States $0.004B 0.00
Cloudastructure (CSAI) United States $0.003B 0.00
Parabolic Technologies (PARA) United States $0.003B 0.00
NetClass Technology Inc (NTCL) Singapore $0.002B 0.00
Youxin Technology (YAAS) China $0.001B 0.00
My Size (MYSZ) Israel $0.001B 0.00
EPWK Holdings (EPWK) China $0.000B 0.00
Trident Digital Tech Holdings (TDTH) Singapore $0.000B 0.00
Castlight Health, Inc (CSLT) United States $0.000B 0.00
ForgeRock (FORG) United States $0.000B 0.00
Informatica (INFA) United States $0.000B 0.00
Qutoutiao (QTT) China $0.000B 0.00
Cloopen (RAAS) China $0.000B 0.00