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Paychex Inc (PAYX) stock

PAYXNasdaqServices-Engineering, Accounting, Research, ManagementFiscal year ends May 31
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 24, 2026Score 19/306% below fair value
$115.68+0.50 (+0.43%)

Close on Nov 13, 2026Market cap $41.18BP/E 23.0Yield 3.83%

Paychex gross margin

Gross margin is gross profit as a percentage of revenue.

Paychex's gross margin for the twelve months ending Aug 31, 2026 was 74.4%. For fiscal 2026 it was 74.3%, against 72.4% the year before. The highest annual figure on record is 74.3% in fiscal 2026.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2026May 31, 202674.3%+1.9
FY2025May 31, 202572.4%+0.4
FY2024May 31, 202472.0%+1.0
FY2023May 31, 202371.0%+0.4
FY2022May 31, 202270.6%+1.9
FY2021May 31, 202168.7%+0.4
FY2020May 31, 202068.3%−0.5
FY2019May 31, 201968.8%−1.1
FY2018May 31, 201869.9%–

Quarterly gross margin

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange (pts)
Q1 FY2027CQ3 2026Aug 31, 202673.6%+0.5
Q4 FY2026CQ2 2026May 31, 202674.0%+1.6
Q3 FY2026CQ1 2026Feb 28, 202676.2%+1.8
Q2 FY2026CQ4 2025Nov 30, 202573.5%+2.3
Q1 FY2026CQ3 2025Aug 31, 202573.1%+2.0
Q4 FY2025CQ2 2025May 31, 202572.4%+1.4
Q3 FY2025CQ1 2025Feb 28, 202574.3%+0.7
Q2 FY2025CQ4 2024Nov 30, 202471.2%+0.2
Q1 FY2025CQ3 2024Aug 31, 202471.2%−0.8
Q4 FY2024CQ2 2024May 31, 202471.0%+1.1
Q3 FY2024CQ1 2024Feb 29, 202473.6%+0.6
Q2 FY2024CQ4 2023Nov 30, 202371.1%+1.2
Q1 FY2024CQ3 2023Aug 31, 202372.0%+1.1
Q4 FY2023CQ2 2023May 31, 202369.9%+1.4
Q3 FY2023CQ1 2023Feb 28, 202373.0%+0.6
Q2 FY2023CQ4 2022Nov 30, 202269.8%−0.3
Q1 FY2023CQ3 2022Aug 31, 202270.9%−0.2
Q4 FY2022CQ2 2022May 31, 202268.5%−0.8
Q3 FY2022CQ1 2022Feb 28, 202272.4%+1.9
Q2 FY2022CQ4 2021Nov 30, 202170.1%+2.6
Q1 FY2022CQ3 2021Aug 31, 202171.1%+4.1
Q4 FY2021CQ2 2021May 31, 202169.3%+1.2
Q3 FY2021CQ1 2021Feb 28, 202170.5%+0.2
Q2 FY2021CQ4 2020Nov 30, 202067.5%+0.1
Q1 FY2021CQ3 2020Aug 31, 202067.1%−0.1
Q4 FY2020CQ2 2020May 31, 202068.1%–
Q3 FY2020CQ1 2020Feb 29, 202070.2%–
Q2 FY2020CQ4 2019Nov 30, 201967.4%–
Q1 FY2020CQ3 2019Aug 31, 201967.2%–

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