Paychex, Inc. (PAYX) Earnings History
Growth Compounder37 years of earnings data (1990–2026) · Consistent double-digit EPS growth over 5 years
Loading earnings history...
Paychex, Inc. (PAYX) Earnings Overview
As of November 7, 2026, Paychex, Inc. (PAYX) reported trailing twelve-month net income of $1.81B, reflecting +6.8% year-over-year growth. The company earned $5.06 per diluted share over the past four quarters, with a net profit margin of 27.0%.
Looking at the long-term picture, PAYX's 5-year EPS compound annual growth rate (CAGR) stands at +10.0%, showing solid earnings momentum. The company achieved its highest annual net income of $1.76B in fiscal 2026, representing a new all-time high.
Paychex, Inc. maintains industry-leading profitability with a gross margin of 74.3%, operating margin of 38.6%, and net margin of 27.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ADP ($4.53B net income, 20.1% margin), PCTY ($270M net income, 15.2% margin), PAYC ($488M net income, 22.1% margin), PAYX has outperformed on profitability metrics. Compare PAYX vs ADP →
PAYX Earnings vs Peers
Earnings metrics vs comparable public companies
PAYX Historical Earnings Data (1990–2026)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $1.76B | +6.2% | $2.51B | $4.89 | 27.0% | 38.6% |
| 2025 | $1.66B | -2.0% | $2.21B | $4.58 | 29.7% | 39.6% |
| 2024 | $1.69B | +8.5% | $2.17B | $4.67 | 32.0% | 41.2% |
| 2023 | $1.56B | +11.8% | $2.03B | $4.30 | 31.1% | 40.6% |
| 2022 | $1.39B | +26.9% | $1.84B | $3.84 | 30.2% | 39.9% |
| 2021 | $1.10B | -0.1% | $1.46B | $3.03 | 27.1% | 36.0% |
| 2020 | $1.10B | +6.2% | $1.46B | $3.04 | 27.2% | 36.1% |
| 2019 | $1.03B | +10.8% | $1.37B | $2.86 | 27.4% | 36.3% |
| 2018 | $934M | +14.2% | $1.29B | $2.58 | 27.6% | 38.1% |
| 2017 | $817M | +8.0% | $1.24B | $2.25 | 25.9% | 39.3% |
| 2016 | $757M | +12.1% | $1.15B | $2.09 | 25.6% | 38.8% |
| 2015 | $675M | +7.6% | $1.05B | $1.85 | 24.6% | 38.5% |
| 2014 | $628M | +10.3% | $983M | $1.71 | 24.9% | 39.0% |
| 2013 | $569M | +3.8% | $905M | $1.56 | 24.5% | 38.9% |
| 2012 | $548M | +6.3% | $854M | $1.51 | 24.6% | 38.3% |
| 2011 | $515M | +8.0% | $786M | $1.42 | 24.7% | 37.7% |
| 2010 | $477M | -10.6% | $725M | $1.32 | 23.8% | 36.2% |
| 2009 | $534M | -7.4% | $805M | $1.48 | 25.6% | 38.7% |
| 2008 | $576M | +11.8% | $828M | $1.56 | 27.9% | 40.1% |
| 2007 | $515M | +10.9% | $702M | $1.35 | 27.3% | 37.2% |
| 2006 | $465M | +26.0% | $650M | $1.22 | 27.8% | 38.8% |
| 2005 | $369M | +21.8% | $534M | $0.97 | 25.5% | 36.9% |
| 2004 | $303M | +3.2% | $433M | $0.80 | 23.4% | 33.5% |
| 2003 | $293M | +6.9% | $401M | $0.78 | 28.1% | 38.3% |
| 2002 | $275M | +7.7% | $364M | $0.73 | 28.7% | 38.1% |
| 2001 | $255M | +34.1% | $337M | $0.68 | 29.3% | 38.7% |
| 2000 | $190M | +36.6% | $259M | $0.51 | 26.1% | 35.6% |
| 1999 | $139M | +36.1% | $188M | $0.38 | 11.8% | 16.0% |
| 1998 | $102M | +35.9% | $135M | $0.28 | 10.3% | 13.5% |
| 1997 | $75M | +43.8% | $97M | $0.21 | 10.2% | 13.1% |
| 1996 | $52M | +34.1% | $68M | $0.15 | 16.1% | 20.8% |
| 1995 | $39M | +38.8% | $51M | $0.11 | 14.6% | 19.1% |
| 1994 | $28M | +40.5% | $37M | $0.08 | 12.5% | 16.4% |
| 1993 | $20M | +46.0% | $27M | $0.06 | 10.5% | 14.0% |
| 1992 | $14M | +42.7% | $19M | $0.04 | 8.5% | 11.7% |
| 1991 | $10M | +11.6% | $13M | $0.03 | 7.0% | 9.7% |
| 1990 | $9M | - | $12M | $0.03 | 7.2% | 10.1% |
Download Data
Export PAYX earnings history in CSV or JSON format
Free sign-in required to download data
PAYX Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
36+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PAYX — Frequently Asked Questions
Quick answers to the most common questions about buying PAYX stock.
What is PAYX earnings per share (EPS)?
PAYX trailing twelve-month (TTM) diluted EPS is $5.06, reflecting +6.8% year-over-year growth. The 5-year EPS CAGR is +10.0%. Complete EPS history from 1990 to 2026 is available in the table on this page.
What is Paychex, Inc.'s net income?
Paychex, Inc. (PAYX) trailing twelve-month net income is $1.8B as of 2026. Earnings grew +6.8% year-over-year. Paychex, Inc. has been profitable for 37 consecutive years.
Is PAYX profitable?
Yes, PAYX is profitable with a TTM net income of $1.8B and a net profit margin of +27.0%. Paychex, Inc. has generated profits for 37 consecutive years.
What is PAYX's earnings growth rate?
PAYX compound annual EPS growth rates (CAGR): 1-Year: +6.8%, 3-Year: +4.4%, 5-Year: +10.0%, 10-Year: +8.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1990 to 2026.
What are PAYX's profit margins?
Paychex, Inc. net profit margin is +27.0%, operating margin is +38.6%, and gross margin is +74.3%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +44.8%.
Is PAYX growing earnings?
PAYX is growing earnings steadily. YoY EPS growth of +6.8% is consistent with the 5-year CAGR of +10.0%. TTM net income is $1.8B.
What was PAYX's best earnings year?
Paychex, Inc.'s highest annual net income on record is $1.8B, achieved in fiscal year 2026. Earnings history on this page spans 1990 to 2026 and includes all annual and quarterly figures.
What were PAYX's earnings last quarter?
PAYX's most recent reported quarter was Q1 2027. Net income was $430M with diluted EPS of $1.21. For a full breakdown of all quarters, see the quarterly earnings table on this page.