Paychex, Inc. (PAYX) Return on equity 2017–2026
Paychex, Inc. (PAYX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
47.1%FY2026 · since FY2017: 37.1% → 47.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 47.1% | +7.0 pp |
| FY2025 | 40.1% | -4.3 pp |
| FY2024 | 44.5% | -0.1 pp |
| FY2023 | 44.6% | -0.6 pp |
| FY2022 | 45.2% | +7.9 pp |
| FY2021 | 37.2% | -2.3 pp |
| FY2020 | 39.5% | -0.0 pp |
| FY2019 | 39.5% | -2.7 pp |
| FY2018 | 42.2% | +5.1 pp |
| FY2017 | 37.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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