Paychex Pretax Profit Margin from 2010 to 2024

PAYX Stock  USD 145.71  0.48  0.33%   
Paychex Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to 0.24 in 2024. During the period from 2010 to 2024, Paychex Pretax Profit Margin regression line of annual values had r-squared of  0.03 and arithmetic mean of  0.36. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.42021105
Current Value
0.24
Quarterly Volatility
0.07089517
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
Check out the analysis of Paychex Correlation against competitors.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.

Latest Paychex's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Paychex over the last few years. It is Paychex's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paychex's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Paychex Pretax Profit Margin Regression Statistics

Arithmetic Mean0.36
Geometric Mean0.35
Coefficient Of Variation19.64
Mean Deviation0.05
Median0.39
Standard Deviation0.07
Sample Variance0.01
Range0.2664
R-Value0.16
Mean Square Error0.01
R-Squared0.03
Significance0.57
Slope0
Total Sum of Squares0.07

Paychex Pretax Profit Margin History

2024 0.24
2023 0.42
2022 0.41
2020 0.35
2018 0.36
2017 0.38
2016 0.4

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.42  0.24 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.