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 $43.290B $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 $17.450B 42.97
Topicus (TOITF) Canada $15.472B 148.31
Grab Holdings (GRAB) Singapore $14.014B 57.00
Guidewire Software (GWRE) United States $13.523B 79.23
Quantinuum (QNT) United States $13.073B 0.00
Docusign (DOCU) United States $13.063B 40.72
HubSpot (HUBS) United States $12.347B 77.86
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Pinterest (PINS) United States $11.427B 52.31
Dayforce (DAY) United States $11.030B 65.64
Figma (FIG) United States $10.977B 0.00
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Confluent (CFLT) United States $10.691B 0.00
SailPoint (SAIL) United States $10.674B 67.21
Paycom Software (PAYC) United States $10.442B 26.72
Bentley Systems (BSY) United States $9.795B 32.10
Elastic (ESTC) United States $9.639B 0.00
Match Group (MTCH) United States $9.609B 13.95
Snap (SNAP) United States $9.251B 0.00
Wisetech Global (WIGBY) $8.969B 0.00
Procore Technologies (PCOR) United States $8.815B 1450.25
Compass (COMP) United States $8.424B 185.33
GitLab (GTLB) United States $8.416B 0.00
ServiceTitan (TTAN) United States $8.387B 0.00
Paylocity Holding (PCTY) United States $8.078B 26.66
UiPath (PATH) United States $7.870B 42.19
AppFolio (APPF) United States $7.589B 46.68
Clearwater Analytics Holdings (CWAN) United States $7.331B 111.64
Navan (NAVN) United States $7.065B 0.00
KANZHUN LIMITED (BZ) China $6.940B 18.19
Nice (NICE) Israel $6.166B 11.09
TEMENOS GROUP (TMSNY) Switzerland $6.142B 0.00
D-Wave Quantum (QBTS) United States $6.133B 0.00
CLEAR Secure (YOU) United States $5.997B 30.16
OneStream (OS) United States $5.732B 97.96
Netskope (NTSK) United States $5.631B 0.00
Bullish (BLSH) Cayman Islands $5.430B 94.74
Klaviyo (KVYO) United States $5.299B 93.05
Rigetti Computing (RGTI) United States $5.073B 0.00
Global Business Travel (GBTG) United States $4.952B 135.43
Box (BOX) United States $4.828B 106.64
Waystar Holding (WAY) United States $4.807B 18.30
Monday (MNDY) Israel $4.659B 49.76
BlackBerry (BB) Canada $4.520B 51.33
CCC Intelligent Solutions Holdings (CCC) United States $4.423B 35.76
Workiva (WK) United States $4.296B 86.01
BILL Holdings (BILL) United States $4.192B 40.63
Kingdee Software Group (KGDEY) China $3.989B 0.00
Q2 Holdings (QTWO) United States $3.874B 37.65
Sportradar Group AG (SRAD) Switzerland $3.863B 215.00
Tenable Holdings (TENB) United States $3.772B 97.86
First Advantage (FA) United States $3.672B 19.09
Braze (BRZE) United States $3.600B 0.00
Kinaxis (KXSCF) Canada $3.472B 0.00
Magnite (MGNI) United States $3.462B 43.89
NCR Atleos (NATL) United States $3.406B 10.55
Freshworks (FRSH) United States $3.322B 70.72
Kingsoft Cloud Holdings (KC) China $3.305B 0.00
Fastly (FSLY) United States $3.280B 0.00
Intapp (INTA) United States $3.191B 0.00
Opendoor Technologies (OPEN) United States $3.039B 0.00
Csquare (CSQR) United States $3.003B 0.00
ChronoScale Holdings (CHRN) United States $2.951B 0.00
Cellebrite DI (CLBT) Israel $2.856B 40.89
AvePoint (AVPT) United States $2.841B 41.97
Appian (APPN) United States $2.748B 127.90
Penguin Solutions (PENG) United States $2.652B 28.92
Grindr (GRND) United States $2.651B 30.50
Five9 (FIVN) United States $2.547B 23.60
StoneCo (STNE) Cayman Islands $2.516B 5.55
Trump Media & Technology Group (DJT) United States $2.507B 0.00
NCino (NCNO) United States $2.445B 33.03
Porch (PRCH) United States $2.365B 0.00
Diebold Nixdorf (DBD) United States $2.331B 11.11
Calix (CALX) United States $2.264B 51.37
Flywire (FLYW) United States $2.257B 71.35
Vertex (VERX) United States $2.234B 32.02
Alkami Technology (ALKT) United States $2.106B 0.00
DoubleVerify Holdings (DV) United States $2.071B 23.03
Asana (ASAN) United States $2.031B 0.00
Karooooo (KARO) Singapore $2.023B 32.90
Ziff Davis (ZD) United States $1.910B 10.84
BlackLine (BL) United States $1.901B 35.55
SoftwareOne Holding AG (SWONF) Switzerland $1.855B 0.00
Quantum Computing (QUBT) United States $1.813B 0.00
SEMrush Holdings (SEMR) United States $1.802B 0.00
A10 Networks (ATEN) United States $1.785B 34.63
VNET - (VNET) China $1.723B 0.00
Mega Fortune (MGRT) Hong Kong, SAR China $1.559B 0.00
Arlo Technologies (ARLO) United States $1.517B 66.52
Lightspeed Commerce (LSPD) Canada $1.448B 95.54
EverCommerce (EVCM) United States $1.399B 52.80
Digital Turbine (APPS) United States $1.296B 19.12
ZoomInfo Technologies (GTM) United States $1.202B 4.92
Radware (RDWR) Israel $1.190B 44.89
PagerDuty (PD) United States $1.071B 24.76
Arteris (AIP) United States $1.050B 0.00
Tuya (TUYA) China $1.027B 17.18
Riskified (RSKD) United States $0.964B 0.00
EverQuote (EVER) United States $0.898B 8.09
Nextdoor Holdings (NXDR) United States $0.854B 0.00
Yalla Group (YALA) $0.838B 6.94
Backblaze (BLZE) United States $0.833B 0.00
ODDITY Tech (ODD) Israel $0.792B 16.18
Ceva (CEVA) United States $0.759B 0.00
PubMatic (PUBM) United States $0.752B 0.00
Rapid7 (RPD) United States $0.741B 17.19
Consensus Cloud Solutions (CCSI) United States $0.648B 7.25
Cognyte Software (CGNT) Israel $0.626B 0.00
Udemy (UDMY) United States $0.626B 61.29
VERRA MOBILITY CORP (VRRM) United States $0.619B 3.36
Docebo (DCBO) Canada $0.617B 20.14
VTEX (VTEX) Cayman Islands $0.615B 22.56
ONESPAN INC (OSPN) United States $0.615B 14.40
Weave Communications (WEAV) United States $0.586B 0.00
Hello Group (MOMO) China $0.578B 5.32
BUUU Group (BUUU) Hong Kong, SAR China $0.571B 0.00
CI&T (CINT) Brazil $0.482B 12.35
MF (MFI) Hong Kong, SAR China $0.470B 0.00
Rimini Street (RMNI) United States $0.468B 35.79
Materialise (MTLS) Belgium $0.441B 27.63
I3 Verticals (IIIV) United States $0.437B 29.64
PowerFleet (AIOT) United States $0.405B 151.00
Alight (ALIT) United States $0.402B 2.04
Bumble (BMBL) United States $0.383B 1.31
Allot (ALLT) Israel $0.372B 33.22
Blend Labs (BLND) United States $0.364B 0.00
ON24 (ONTF) United States $0.337B 0.00
Arqit Quantum (ARQQ) United Kingdom $0.327B 0.00
Platinum Analytics Cayman (PLTS) Singapore $0.316B 0.00
CS Disco (LAW) United States $0.275B 0.00
A2Z Cust2Mate Solutions (AZ) Canada $0.274B 0.00
8x8 Inc (EGHT) United States $0.273B 6.52
Gloo Holdings (GLOO) United States $0.254B 0.00
Kaltura (KLTR) United States $0.230B 0.00
Perfect (PERF) Taiwan $0.197B 32.17
Datavault AI (DVLT) United States $0.194B 0.00
SCHMID Group (SHMD) Cayman Islands $0.182B 0.00
DeFi Development (DFDV) United States $0.182B 0.00
Domo (DOMO) United States $0.175B 0.00
KOREs (KORE) United States $0.163B 0.00
EGain (EGAN) United States $0.160B 15.78
RTB Digital (RTB) United States $0.160B 0.00
Z Squared (ZSQR) United States $0.156B 0.00
Zapata Quantum Inc (ZPTA) United States $0.152B 0.00
ReposiTrak (TRAK) United States $0.144B 21.41
Sangoma Technologies (SANG) Canada $0.123B 0.00
Digimarc (DMRC) United States $0.119B 0.00
DIRTT Environmental Solutions (DRTTF) Canada $0.118B 0.00
Definitive Healthcare (DH) United States $0.112B 26.25
Synchronoss Technologies (SNCR) United States $0.104B 10.35
Cheetah Mobile (CMCM) China $0.102B 0.00
Getty Images Holdings (GETY) United States $0.098B 0.00
Audioeye (AEYE) United States $0.096B 18.12
Chegg (CHGG) United States $0.095B 0.00
Thryv Holdings (THRY) United States $0.092B 0.00
Jiayin Group (JFIN) China $0.089B 2.66
Micware, - (MWC) Japan $0.083B 0.00
FatPipe (FATN) United States $0.083B 11.74
Rank One Computing (ROC) United States $0.081B 0.00
Rekor Systems (REKR) United States $0.074B 0.00
Inseego (INSG) United States $0.070B 0.00
Vivid Seats (SEAT) United States $0.068B 0.00
AEye (LIDR) United States $0.064B 0.00
SkyAI (SKYA) United States $0.060B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.052B 0.00
VirnetX Holding Corp (VHC) United States $0.049B 0.00
Phunware (PHUN) United States $0.043B 0.00
OneMedNet (ONMD) United States $0.040B 0.00
Aurora Mobile (JG) China $0.039B 36.00
XBP Global Holdings (XBP) United States $0.037B 0.00
Creative Realities (CREX) United States $0.036B 0.00
Marwynn Holdings (MWYN) United States $0.026B 0.00
Republic Power Group (RPGL) Singapore $0.021B 0.00
MIND C.T.I (MNDO) Israel $0.020B 6.31
Game Your Game (GYGY) United States $0.018B 0.00
UCloudlink Group (UCL) Hong Kong, SAR China $0.016B 0.00
YXT.COM - (YXT) China $0.016B 0.00
RedCloud Holdings (RCT) United Kingdom $0.014B 0.00
Cyngn (CYN) United States $0.013B 0.00
SAGTEC GLOBAL LIMITED (SAGT) $0.013B 0.00
Upland Software (UPLD) United States $0.011B 0.50
MultiSensor AI Holdings (MSAI) United States $0.011B 0.00
CISO Global (CISO) United States $0.011B 0.00
Nvni Group (NVNI) Cayman Islands $0.009B 0.00
SurgePays (SURG) United States $0.009B 0.00
Oblong (OBLG) United States $0.009B 0.00
ARB IOT Group (ARBB) $0.008B 0.00
Next Technology Holding (NXTT) Japan $0.008B 0.00
Versus Systems (VS) United States $0.007B 0.00
AuthID (AUID) United States $0.007B 0.00
Baiya Group (BIYA) China $0.006B 0.00
Locafy (LCFY) Australia $0.006B 0.00
Veea (VEEA) United States $0.005B 0.00
Cloudastructure (CSAI) United States $0.004B 0.00
Wellchange Holdings (WCT) Hong Kong, SAR China $0.004B 0.00
Iveda Solutions (IVDA) United States $0.004B 0.00
Parabolic Technologies (PARA) United States $0.003B 0.00
NetClass Technology Inc (NTCL) Singapore $0.002B 0.00
Alpha Compute Corp (ALP) $0.002B 0.00
My Size (MYSZ) Israel $0.002B 0.00
Youxin Technology (YAAS) China $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