Paychex (PAYX) EBITDA Margin (2009 - 2026)
Paychex recorded quarterly EBITDA Margin of 31.8% in Q1 2026, up 18.68% quarter-over-quarter from 26.79% in Q4 2025, and down 378.0% year-over-year from 11.44% in Q1 2025.
Paychex's EBITDA Margin history runs 18 years deep, the most recent figure standing at 31.8% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 378.0% year-over-year to 31.8%; the TTM figure through Feb 2026 stood at 27.66% (down 584.0% YoY), while the FY2025 annual figure was 31.39%, down 92.0% from the prior year.
- EBITDA Margin came in at 31.8% for Q1 2026 at Paychex, up from 26.79% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 37.33% in Q3 2024 to a low of 17.65% in Q2 2022.
- A 5-year average of 30.44% and a median of 31.37% in 2024 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 1512 bps in 2023 and tumbled 969 bps in 2025, its largest moves.
- Paychex's EBITDA Margin stood at 28.53% in 2022, then grew by 17 bps to 33.32% in 2023, then dropped by 6 bps to 31.37% in 2024, then decreased by 15 bps to 26.79% in 2025, then advanced by 19 bps to 31.8% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 31.8%, 26.79%, and 27.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.49% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.12% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 31.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 31.80% |
| Nov 30, 2025 | 26.79% |
| Aug 31, 2025 | 27.64% |
| May 31, 2025 | 23.34% |
| Feb 28, 2025 | 35.58% |
| Nov 30, 2024 | 31.37% |
| Aug 31, 2024 | 37.33% |
| May 31, 2024 | 29.34% |
| Feb 29, 2024 | 37.31% |
| Nov 30, 2023 | 33.32% |
| Aug 31, 2023 | 31.60% |
| May 31, 2023 | 32.76% |
| Feb 28, 2023 | 34.29% |
| Nov 30, 2022 | 28.53% |
| Aug 31, 2022 | 28.76% |
| May 31, 2022 | 17.65% |
| Feb 28, 2022 | 30.11% |
| Nov 30, 2021 | 26.23% |
| Aug 31, 2021 | 30.19% |
| May 31, 2021 | 26.56% |
| Feb 28, 2021 | 30.10% |
| Nov 30, 2020 | 27.04% |
| Aug 31, 2020 | 25.58% |
| May 31, 2020 | 26.07% |
| Feb 29, 2020 | 34.61% |
| Nov 30, 2019 | 25.11% |
| Aug 31, 2019 | 29.91% |
| May 31, 2019 | 25.48% |
| Feb 28, 2019 | 32.95% |
| Nov 30, 2018 | 26.10% |
| Aug 31, 2018 | 28.85% |
| May 31, 2018 | 25.14% |
| Feb 28, 2018 | 37.36% |
| Nov 30, 2017 | 20.57% |
| Aug 31, 2017 | 27.57% |
| May 31, 2017 | 28.00% |
| Feb 28, 2017 | 28.14% |
| Nov 30, 2016 | 19.22% |
| Aug 31, 2016 | 28.95% |
| May 31, 2016 | 22.90% |
| Feb 29, 2016 | 26.68% |
| Nov 30, 2015 | 27.51% |
| Aug 31, 2015 | 29.79% |
| May 31, 2015 | 21.56% |
| Feb 28, 2015 | 23.97% |
| Nov 30, 2014 | 25.05% |
| Aug 31, 2014 | 26.77% |
| May 31, 2014 | 22.35% |
| Feb 28, 2014 | 26.72% |
| Nov 30, 2013 | 29.24% |
| Aug 31, 2013 | 22.53% |
| May 31, 2013 | 19.27% |
| Feb 28, 2013 | 23.61% |
| Nov 30, 2012 | 26.40% |
| Aug 31, 2012 | 26.41% |
| May 31, 2012 | 21.81% |
| Feb 29, 2012 | 25.39% |
| Nov 30, 2011 | 24.34% |
| Aug 31, 2011 | 41.61% |
| May 31, 2011 | 34.97% |
| Feb 28, 2011 | 38.28% |
| Nov 30, 2010 | 40.78% |
| Aug 31, 2010 | 38.74% |
| May 31, 2010 | 35.98% |
| Feb 28, 2010 | 33.12% |
| Nov 30, 2009 | 39.98% |
| Aug 31, 2009 | 39.03% |
| May 31, 2009 | 36.25% |
| Feb 28, 2009 | 38.54% |