Paychex (PAYX) EBIT Margin (2009 - 2026)
Paychex's (PAYX) quarterly EBIT Margin came in at 37.66% in Q2 2026, up 746.0% year-over-year from 4.45% in Q2 2025, and down 13.98% quarter-over-quarter from 43.78% in Q1 2026.
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Paychex (PAYX) EBIT Margin (2009 - 2026) Analysis & Trends
Paychex has disclosed EBIT Margin across 18 years of filings, most recently posting 37.66% for Q2 2026.
- In Q2 2026, EBIT Margin rose 746.0% year-over-year to 37.66%; the TTM figure through May 2026 stood at 38.55% (down 107.0% YoY), while the FY2026 annual figure was 38.55%, down 107.0% from the prior year.
- EBIT Margin came in at 37.66% for Q2 2026 at Paychex, down from 43.78% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 45.84% in Q1 2025 to a low of 30.2% in Q2 2025.
- Average EBIT Margin over 5 years is 39.81%, with a median of 40.55% recorded in 2023.
- Year-over-year, EBIT Margin plunged 700 bps in 2025 and surged 746 bps in 2026.
- Over 5 years, EBIT Margin stood at 39.68% in 2022, then advanced by 1 bps to 40.24% in 2023, then rose by 2 bps to 40.86% in 2024, then fell by 10 bps to 36.72% in 2025, then grew by 3 bps to 37.66% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 37.66% in Q2 2026, 43.78% in Q1 2026, and 36.72% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | -33.33% |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 37.66% |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 31.72% |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 18.98% |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 35.86% |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | -7.83% |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | -6.46% |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 12.16% |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 37.66% |
| Feb 28, 2026 | 43.78% |
| Nov 30, 2025 | 36.72% |
| Aug 31, 2025 | 35.19% |
| May 31, 2025 | 30.20% |
| Feb 28, 2025 | 45.84% |
| Nov 30, 2024 | 40.86% |
| Aug 31, 2024 | 41.46% |
| May 31, 2024 | 37.20% |
| Feb 29, 2024 | 45.15% |
| Nov 30, 2023 | 40.24% |
| Aug 31, 2023 | 41.70% |
| May 31, 2023 | 36.87% |
| Feb 28, 2023 | 44.31% |
| Nov 30, 2022 | 39.68% |
| Aug 31, 2022 | 41.09% |
| May 31, 2022 | 34.43% |
| Feb 28, 2022 | 44.11% |
| Nov 30, 2021 | 39.72% |
| Aug 31, 2021 | 40.90% |