Growth Metrics

Paychex (PAYX) Net Margin (2016 - 2025)

Historic Net Margin for Paychex (PAYX) over the last 17 years, with Q4 2025 value amounting to 25.39%.

  • Paychex's Net Margin fell 60100.0% to 25.39% in Q4 2025 from the same period last year, while for Nov 2025 it was 26.45%, marking a year-over-year decrease of 55700.0%. This contributed to the annual value of 29.74% for FY2025, which is 22800.0% down from last year.
  • Per Paychex's latest filing, its Net Margin stood at 25.39% for Q4 2025, which was down 60100.0% from 24.92% recorded in Q3 2025.
  • Paychex's Net Margin's 5-year high stood at 34.64% during Q1 2024, with a 5-year trough of 20.82% in Q2 2025.
  • Its 5-year average for Net Margin is 29.93%, with a median of 31.01% in 2021.
  • Its Net Margin has fluctuated over the past 5 years, first soared by 81100bps in 2021, then crashed by -85100bps in 2025.
  • Paychex's Net Margin (Quarter) stood at 29.96% in 2021, then rose by 1bps to 30.27% in 2022, then grew by 3bps to 31.22% in 2023, then increased by 1bps to 31.39% in 2024, then dropped by -19bps to 25.39% in 2025.
  • Its Net Margin was 25.39% in Q4 2025, compared to 24.92% in Q3 2025 and 20.82% in Q2 2025.