Paychex, Inc. (PAYX) Gross margin 2018–2026
Paychex, Inc. (PAYX) gross margin by fiscal year — reported gross profit divided by reported revenue.
73.4%FY2026 · since FY2018: 69.3% → 73.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 73.4% | +1.9 pp |
| FY2025 | 71.5% | +0.4 pp |
| FY2024 | 71.2% | +0.8 pp |
| FY2023 | 70.4% | +0.2 pp |
| FY2022 | 70.2% | +2.0 pp |
| FY2021 | 68.2% | +0.6 pp |
| FY2020 | 67.6% | -0.5 pp |
| FY2019 | 68.1% | -1.2 pp |
| FY2018 | 69.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
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