PAYCHEX INC Annual Income Tax Expense (Benefit) in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Paychex Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2009 to 2023.
  • Paychex Inc Income Tax Expense (Benefit) for the quarter ending August 31, 2024 was $130M, a 0.15% decline year-over-year.
  • Paychex Inc Income Tax Expense (Benefit) for the twelve months ending August 31, 2024 was $527M, a 3.82% increase year-over-year.
  • Paychex Inc annual Income Tax Expense (Benefit) for 2023 was $528M, a 7.48% increase from 2022.
  • Paychex Inc annual Income Tax Expense (Benefit) for 2022 was $491M, a 13.7% increase from 2021.
  • Paychex Inc annual Income Tax Expense (Benefit) for 2021 was $432M, a 28.2% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $528M +$36.7M +7.48% Jun 1, 2023 May 31, 2024 10-K 2024-07-11
2022 $491M +$59.1M +13.7% Jun 1, 2022 May 31, 2023 10-K 2024-07-11
2021 $432M +$95.1M +28.2% Jun 1, 2021 May 31, 2022 10-K 2024-07-11
2020 $337M -$2.3M -0.68% Jun 1, 2020 May 31, 2021 10-K 2023-07-14
2019 $339M +$5.4M +1.62% Jun 1, 2019 May 31, 2020 10-K 2022-07-15
2018 $334M +$27.6M +9.02% Jun 1, 2018 May 31, 2019 10-K 2021-07-16
2017 $306M -$127M -29.3% Jun 1, 2017 May 31, 2018 10-K 2020-07-17
2016 $433M +$38.5M +9.76% Jun 1, 2016 May 31, 2017 10-K 2019-07-24
2015 $394M +$9.2M +2.39% Jun 1, 2015 May 31, 2016 10-K 2018-07-20
2014 $385M +$24.5M +6.79% Jun 1, 2014 May 31, 2015 10-K 2017-07-21
2013 $361M +$18.2M +5.32% Jun 1, 2013 May 31, 2014 10-K 2016-07-22
2012 $342M +$30.1M +9.64% Jun 1, 2012 May 31, 2013 10-K 2015-07-21
2011 $312M +$35.4M +12.8% Jun 1, 2011 May 31, 2012 10-K 2014-07-22
2010 $277M +$24.6M +9.75% Jun 1, 2010 May 31, 2011 10-K 2013-07-22
2009 $252M Jun 1, 2009 May 31, 2010 10-K 2012-07-20
* An asterisk sign (*) next to the value indicates that the value is likely invalid.