Paychex Gross Profit from 2010 to 2024

PAYX Stock  USD 119.41  0.60  0.51%   
Paychex Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Paychex makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-08-31
Previous Quarter
893.8 M
Current Value
1.1 B
Quarterly Volatility
263.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 213.2 M, Total Revenue of 6 B or Gross Profit of 4.3 B, as well as many exotic indicators such as Price To Sales Ratio of 5.69, Dividend Yield of 0.0164 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
This module can also supplement Paychex's financial leverage analysis and stock options assessment as well as various Paychex Technical models . 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Paychex over the last few years. Gross profit is a required income statement account that reflects total revenue of Paychex minus its cost of goods sold. It is profit before Paychex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Paychex's Gross Profit 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.
ViewLast Reported 3.26 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Paychex Gross Profit Regression Statistics

Arithmetic Mean2,465,019,383
Geometric Mean1,890,152,873
Coefficient Of Variation43.81
Mean Deviation809,754,009
Median2,363,100,000
Standard Deviation1,080,011,518
Sample Variance1166424.9T
Range4.3B
R-Value0.96
Mean Square Error107950.9T
R-Squared0.91
Slope230,887,929
Total Sum of Squares16329948.3T

Paychex Gross Profit History

20244.3 B
20234.1 B
20223.6 B
20213.3 B
20202.8 B
20192.8 B
20182.6 B

Other Fundumenentals of Paychex

Paychex Gross Profit component correlations

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0.980.96-0.340.940.840.99-0.180.90.780.81-0.640.47-0.710.730.140.730.36-0.540.680.670.61-0.60.7
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0.60.630.230.570.630.590.47-0.590.670.70.83-0.41-0.20.63-0.610.690.75-0.840.740.560.16-0.120.33
-0.7-0.710.46-0.74-0.7-0.68-0.710.27-0.57-0.66-0.60.19-0.2-0.150.06-0.35-0.070.42-0.48-0.46-0.850.98-0.57
0.760.710.090.640.570.780.73-0.10.820.570.68-0.730.63-0.150.00.750.66-0.480.580.530.16-0.010.43
0.010.0-0.420.03-0.030.020.140.41-0.1-0.14-0.270.05-0.610.060.00.09-0.430.38-0.090.160.130.070.33
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0.480.520.580.460.560.460.36-0.610.660.510.7-0.150.75-0.070.66-0.430.62-0.750.660.520.01-0.010.38
-0.67-0.75-0.12-0.73-0.84-0.62-0.540.81-0.68-0.82-0.920.08-0.840.42-0.480.38-0.78-0.75-0.92-0.81-0.410.39-0.68
0.780.85-0.020.850.910.730.68-0.750.760.860.93-0.160.74-0.480.58-0.090.90.66-0.920.970.58-0.420.86
0.740.81-0.130.820.880.690.67-0.670.690.790.83-0.090.56-0.460.530.160.890.52-0.810.970.62-0.40.95
0.60.64-0.470.680.650.570.61-0.330.450.590.53-0.050.16-0.850.160.130.470.01-0.410.580.62-0.850.71
-0.59-0.620.45-0.67-0.64-0.57-0.60.31-0.45-0.58-0.520.06-0.120.98-0.010.07-0.25-0.010.39-0.42-0.4-0.85-0.54
0.720.78-0.230.820.870.680.7-0.550.660.730.730.00.33-0.570.430.330.80.38-0.680.860.950.71-0.54
Click cells to compare fundamentals

About Paychex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Paychex income statement, its balance sheet, and the statement of cash flows. Paychex investors use historical funamental indicators, such as Paychex's Gross Profit, to determine how well the company is positioned to perform in the future. Although Paychex investors may use each financial statement separately, they are all related. The changes in Paychex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Paychex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Paychex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit4.1 B4.3 B
Gross Profit Margin 0.64  0.55 

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When determining whether Paychex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paychex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paychex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paychex Stock:
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.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Dividend Share
3.56
Earnings Share
4.59
Revenue Per Share
14.461
Quarterly Revenue Growth
0.042
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.