Paychex (PAYX) EBT Margin (2009 - 2026)
Paychex (PAYX) recorded EBT Margin of 34.65% in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 2.35 percentage points from 32.31% a year earlier and up 0.13 percentage points from the prior quarter.
Paychex (PAYX) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Paychex's EBT Margin came in at 36.02% as of Aug 31, 2026, down 0.51 percentage points year-over-year; for FY2026 (ended May 31, 2026), it came in at 35.49%, down 3.57 percentage points from FY2025.
- Annual EBT Margin has a five-year change of +0.13 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBT Margin came in at 39.05% in FY2025 (-2.97 pp), 42.02% in FY2024 (+1.12 pp), 40.91% in FY2023 (+1.34 pp) and 39.56% in FY2022 (+4.21 pp).
- Quarterly EBT Margin has ranged from 27.28% in fiscal Q4 2025 to 45.80% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, EBT Margin rose in three of the last eight quarters, with an average year-over-year change of -2.97 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 7.24 percentage points in fiscal Q4 2026, against a drop of 10.70 percentage points in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 34.52% (Q4 2026), 40.85% (Q3 2026) and 33.40% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn | 49.62% |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - | 28.98% |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn | 29.23% |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn | 40.12% |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn | 26.50% |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn | 9.01% |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn | 12.40% |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - | - |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - | 22.04% |
| 10 | Paychex | 42.46 Bn | 37.54 Bn | 1.20 Bn | 34.65% |
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% |
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();