Paychex (PAYX) Tax Rate (2009 - 2026)

Paychex (PAYX) has 18 years of Tax Rate data on file, last reported at 24.11% in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 13292.0% year-over-year to 24.11%; the trailing twelve-month figure through May 2026 stood at 23.83% (up 2370.0% YoY), and the FY2026 full-year result was 23.83%, up 2370.0% from the prior year.
• Tax Rate steadied at 24.11% in Q2 2026, from 24.18% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 24.42% in Q2 2023 to a low of 108.81% in Q2 2025.
• A 5-year average of 16.34% and a median of 23.98% in 2024 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate slumped 13156 bps in 2025 and soared 13292 bps in 2026, its largest moves.
• Tracing PAYX's Tax Rate over 5 years: stood at 24.18% in 2022, then slipped by 0 bps to 24.17% in 2023, then dropped by 1 bps to 23.97% in 2024, then climbed by 0 bps to 23.99% in 2025, then rose by 0 bps to 24.11% in 2026.
• Business Quant data shows PAYX's Tax Rate at 24.11% in Q2 2026, 24.18% in Q1 2026, and 23.99% in Q4 2025.