Paychex (PAYX) EBT Margin (2009 - 2026)
Paychex's (PAYX) quarterly EBT Margin came in at 34.52% in Q2 2026, up 724.0% year-over-year from 4.19% in Q2 2025, and down 15.51% quarter-over-quarter from 40.85% in Q1 2026.
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Analysis
Paychex (PAYX) EBT Margin (2009 - 2026) Analysis & Trends
Paychex has disclosed EBT Margin across 18 years of filings, most recently posting 34.52% for Q2 2026.
- In Q2 2026, EBT Margin rose 724.0% year-over-year to 34.52%; the TTM figure through May 2026 stood at 35.49% (down 357.0% YoY), while the FY2026 annual figure was 35.49%, down 357.0% from the prior year.
- EBT Margin came in at 34.52% for Q2 2026 at Paychex, down from 40.85% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 45.8% in Q1 2024 to a low of 27.28% in Q2 2025.
- Average EBT Margin over 5 years is 39.2%, with a median of 40.82% recorded in 2022.
- Year-over-year, EBT Margin tumbled 1070 bps in 2025 and soared 724 bps in 2026.
- Over 5 years, EBT Margin stood at 39.92% in 2022, then grew by 3 bps to 41.17% in 2023, then climbed by 0 bps to 41.29% in 2024, then fell by 19 bps to 33.4% in 2025, then gained by 3 bps to 34.52% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 34.52% in Q2 2026, 40.85% in Q1 2026, and 33.4% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 55.87% |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 28.98% |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 30.43% |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 40.12% |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 10.99% |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 22.98% |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 12.40% |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | -6,715.87% |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 34.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 34.65% |
| May 31, 2026 | 34.52% |
| Feb 28, 2026 | 40.85% |
| Nov 30, 2025 | 33.40% |
| Aug 31, 2025 | 32.31% |
| May 31, 2025 | 27.28% |
| Feb 28, 2025 | 45.45% |
| Nov 30, 2024 | 41.29% |
| Aug 31, 2024 | 42.25% |
| May 31, 2024 | 37.97% |
| Feb 29, 2024 | 45.80% |
| Nov 30, 2023 | 41.17% |
| Aug 31, 2023 | 42.70% |
| May 31, 2023 | 37.70% |
| Feb 28, 2023 | 44.71% |
| Nov 30, 2022 | 39.92% |
| Aug 31, 2022 | 40.79% |
| May 31, 2022 | 33.98% |
| Feb 28, 2022 | 43.44% |
| Nov 30, 2021 | 39.48% |
API Access
Paychex EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();