Paychex, Inc.
PAYX
Rank in Stocks
#620
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc.... Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
Share Price
$111.11
Last synced: 2026-10-16
Market Cap
$39.55B
Change (1 day)
0.30%
Change (1 year)
-12.21%
Country
US
Trade Paychex, Inc. (PAYX)
Category
Industrials
Operating Margin for Paychex, Inc. (PAYX)
Operating Margin as of October 2026 TTM: 39.19%
According to Paychex, Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 39.19%. At the end of 2024 the company had an Operating Margin of 41.19%.
Operating Margin history for Paychex, Inc. from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 39.19% | -1.09% |
| 2025 | 39.62% | -3.81% |
| 2024 | 41.19% | 1.45% |
| 2023 | 40.60% | 1.75% |
| 2022 | 39.90% | 10.80% |
| 2021 | 36.01% | -0.39% |
| 2020 | 36.15% | -0.55% |
| 2019 | 36.35% | -4.54% |
| 2018 | 38.08% | -3.20% |
| 2017 | 39.34% | 1.29% |
| 2016 | 38.84% | 0.99% |
| 2015 | 38.46% | -1.41% |
| 2014 | 39.01% | 0.28% |
| 2013 | 38.90% | 1.59% |
| 2012 | 38.29% | 1.48% |
| 2011 | 37.73% | 4.17% |
| 2010 | 36.22% | -6.31% |
| 2009 | 38.66% | -3.54% |
| 2008 | 40.08% | 7.80% |
| 2007 | 37.18% | -4.18% |
| 2006 | 38.80% | 5.04% |
| 2005 | 36.94% | 10.33% |
| 2004 | 33.48% | -12.68% |
| 2003 | 38.34% | 0.66% |
| 2002 | 38.09% | -1.60% |
| 2001 | 38.71% | 8.86% |
| 2000 | 35.56% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 0.00% | - |
JP
|
|
| 32.83% | -99.16% |
CN
|
|
| 0.00% | - |
NL
|
|
| 0.00% | - |
CH
|
|
| 4.32% | -99.89% |
JP
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.