PAYCHEX INC Annual Operating Margin in % from 2009 to 2023

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 2009 to 2023.
  • Paychex Inc Operating Margin for the quarter ending August 31, 2024 was 41.1 %, a 0.91% 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 41.2 +0.59 +1.45% Jun 1, 2023 May 31, 2024
2022 40.6 +0.71 +1.78% Jun 1, 2022 May 31, 2023
2021 39.9 +3.89 +10.8% Jun 1, 2021 May 31, 2022
2020 36 -0.14 -0.39% Jun 1, 2020 May 31, 2021
2019 36.2 -0.2 -0.55% Jun 1, 2019 May 31, 2020
2018 36.4 -1.89 -4.94% Jun 1, 2018 May 31, 2019
2017 38.2 -1.53 -3.85% Jun 1, 2017 May 31, 2018
2016 39.8 +0.93 +2.39% Jun 1, 2016 May 31, 2017
2015 38.8 +0.38 +0.99% Jun 1, 2015 May 31, 2016
2014 38.5 -0.55 -1.41% Jun 1, 2014 May 31, 2015
2013 39 +0.12 +0.31% Jun 1, 2013 May 31, 2014
2012 38.9 +0.6 +1.57% Jun 1, 2012 May 31, 2013
2011 38.3 +0.57 +1.51% Jun 1, 2011 May 31, 2012
2010 37.7 +1.5 +4.14% Jun 1, 2010 May 31, 2011
2009 36.2 Jun 1, 2009 May 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.