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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Paychex (PAYX) Gross Margin (2019 - 2026)

Paychex (PAYX) has disclosed Gross Margin for 8 consecutive years, with 76.16% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 259.0% to 76.16% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 73.51% through Feb 2026, up 189.0% year-over-year, with the annual reading at 72.35% for FY2025, 38.0% up from the prior year.
  • Gross Margin hit 76.16% in Q1 2026 for Paychex, up from 72.58% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 76.16% in Q1 2026 to a low of 69.25% in Q4 2022.
  • Historically, Gross Margin has averaged 71.59% across 5 years, with a median of 71.26% in 2023.
  • Biggest five-year swings in Gross Margin: crashed -83bps in 2022 and later soared 259bps in 2026.
  • Year by year, Gross Margin stood at 69.25% in 2022, then rose by 2bps to 70.31% in 2023, then rose by 0bps to 70.4% in 2024, then rose by 3bps to 72.58% in 2025, then rose by 5bps to 76.16% in 2026.
  • Business Quant data shows Gross Margin for PAYX at 76.16% in Q1 2026, 72.58% in Q4 2025, and 72.27% in Q3 2025.