Paychex, Inc. (PAYX) Operating margin 2017–2026
Paychex, Inc. (PAYX) operating margin by fiscal year — reported operating income divided by reported revenue.
39.8%FY2026 · since FY2017: 40.4% → 39.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 39.8% | -1.0 pp |
| FY2025 | 40.8% | -1.6 pp |
| FY2024 | 42.4% | +0.9 pp |
| FY2023 | 41.4% | +1.0 pp |
| FY2022 | 40.4% | +3.9 pp |
| FY2021 | 36.5% | -0.4 pp |
| FY2020 | 36.9% | -0.2 pp |
| FY2019 | 37.1% | -1.8 pp |
| FY2018 | 39.0% | -1.4 pp |
| FY2017 | 40.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice