PAYCHEX INC Quarterly Operating Margin in % from Q4 2010 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Paychex Inc quarterly/annual Operating Margin history and growth rate from Q4 2010 to Q2 2024.
  • Paychex Inc Operating Margin for the quarter ending May 31, 2024 was 41.2 %, a 1.45% increase year-over-year.
  • Paychex Inc annual Operating Margin for 2023 was 41.2 %, a 1.45% increase from 2022.
  • Paychex Inc annual Operating Margin for 2022 was 40.6 %, a 1.78% increase from 2021.
  • Paychex Inc annual Operating Margin for 2021 was 39.9 %, a 10.8% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 41.2 +0.59 +1.45% Mar 1, 2024 May 31, 2024
Q1 2024 41.2 +1.06 +2.64% Dec 1, 2023 Feb 29, 2024
Q4 2023 40.9 +0.93 +2.33% Sep 1, 2023 Nov 30, 2023
Q3 2023 40.8 +0.79 +1.98% Jun 1, 2023 Aug 31, 2023
Q2 2023 40.6 +0.71 +1.78% Mar 1, 2023 May 31, 2023
Q1 2023 40.1 +0.08 +0.2% Dec 1, 2022 Feb 28, 2023
Q4 2022 40 +0.59 +1.5% Sep 1, 2022 Nov 30, 2022
Q3 2022 40 +1.48 +3.85% Jun 1, 2022 Aug 31, 2022
Q2 2022 39.9 +3.89 +10.8% Mar 1, 2022 May 31, 2022
Q1 2022 40 +4.35 +12.2% Dec 1, 2021 Feb 28, 2022
Q4 2021 39.4 +3.94 +11.1% Sep 1, 2021 Nov 30, 2021
Q3 2021 38.5 +3.44 +9.81% Jun 1, 2021 Aug 31, 2021
Q2 2021 36 -0.14 -0.39% Mar 1, 2021 May 31, 2021
Q1 2021 35.7 -0.26 -0.72% Dec 1, 2020 Feb 28, 2021
Q4 2020 35.4 -0.13 -0.37% Sep 1, 2020 Nov 30, 2020
Q3 2020 35.1 -0.83 -2.31% Jun 1, 2020 Aug 31, 2020
Q2 2020 36.2 -0.2 -0.55% Mar 1, 2020 May 31, 2020
Q1 2020 35.9 -1.42 -3.8% Dec 1, 2019 Feb 29, 2020
Q4 2019 35.6 -1.5 -4.05% Sep 1, 2019 Nov 30, 2019
Q3 2019 35.9 -1.66 -4.42% Jun 1, 2019 Aug 31, 2019
Q2 2019 36.4 -1.89 -4.94% Mar 1, 2019 May 31, 2019
Q1 2019 37.4 -1.33 -3.44% Dec 1, 2018 Feb 28, 2019
Q4 2018 37.1 -1.36 -3.54% Sep 1, 2018 Nov 30, 2018
Q3 2018 37.6 -1.52 -3.89% Jun 1, 2018 Aug 31, 2018
Q2 2018 38.2 -1.1 -2.8% Mar 1, 2018 May 31, 2018
Q1 2018 38.7 -0.49 -1.25% Dec 1, 2017 Feb 28, 2018
Q4 2017 38.4 -0.43 -1.11% Sep 1, 2017 Nov 30, 2017
Q3 2017 39.1 +0.13 +0.33% Jun 1, 2017 Aug 31, 2017
Q2 2017 39.3 +0.49 +1.26% Mar 1, 2017 May 31, 2017
Q1 2017 39.2 +0.36 +0.93% Dec 1, 2016 Feb 28, 2017
Q4 2016 38.9 -0.07 -0.18% Sep 1, 2016 Nov 30, 2016
Q3 2016 38.9 +0.22 +0.57% Jun 1, 2016 Aug 31, 2016
Q2 2016 38.8 +0.38 +0.99% Mar 1, 2016 May 31, 2016
Q1 2016 38.8 +0.46 +1.2% Dec 1, 2015 Feb 29, 2016
Q4 2015 38.9 +0.3 +0.78% Sep 1, 2015 Nov 30, 2015
Q3 2015 38.7 +0.03 +0.08% Jun 1, 2015 Aug 31, 2015
Q2 2015 38.5 -0.55 -1.41% Mar 1, 2015 May 31, 2015
Q1 2015 38.4 -0.84 -2.14% Dec 1, 2014 Feb 28, 2015
Q4 2014 38.6 -0.43 -1.1% Sep 1, 2014 Nov 30, 2014
Q3 2014 38.7 -0.36 -0.92% Jun 1, 2014 Aug 31, 2014
Q2 2014 39 +0.12 +0.31% Mar 1, 2014 May 31, 2014
Q1 2014 39.2 +0.42 +1.08% Dec 1, 2013 Feb 28, 2014
Q4 2013 39.1 +0.52 +1.35% Sep 1, 2013 Nov 30, 2013
Q3 2013 39.1 +0.64 +1.67% Jun 1, 2013 Aug 31, 2013
Q2 2013 38.9 +0.6 +1.57% Mar 1, 2013 May 31, 2013
Q1 2013 38.8 +0.58 +1.52% Dec 1, 2012 Feb 28, 2013
Q4 2012 38.5 +0.2 +0.52% Sep 1, 2012 Nov 30, 2012
Q3 2012 38.4 +0.11 +0.29% Jun 1, 2012 Aug 31, 2012
Q2 2012 38.3 +0.57 +1.51% Mar 1, 2012 May 31, 2012
Q1 2012 38.2 +0.43 +1.14% Dec 1, 2011 Feb 29, 2012
Q4 2011 38.3 +1.65 +4.5% Sep 1, 2011 Nov 30, 2011
Q3 2011 38.3 Jun 1, 2011 Aug 31, 2011
Q2 2011 37.7 Mar 1, 2011 May 31, 2011
Q1 2011 37.8 Dec 1, 2010 Feb 28, 2011
Q4 2010 36.7 Sep 1, 2010 Nov 30, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.