Paychex
PAYX
#428
Rank
$45.22 B
Marketcap
$125.65
Share price
0.37%
Change (1 day)
16.22%
Change (1 year)

Operating Margin for Paychex (PAYX)

Operating Margin as of May 2024 (TTM): 39.56%

According to Paychex's latest financial reports and stock price the company's current Operating Margin is 39.56%. At the end of 2022 the company had an Operating Margin of 39.56%.

Operating Margin history for Paychex from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202239.56%11.91%
202135.35%-0.6%
202035.57%-1.92%
201936.26%-5.41%
201838.34%-2.95%
201739.50%1.3%
201639.00%0.78%
201538.69%-1.37%
201439.23%0.12%
201339.18%1.55%
201238.58%1.51%
201138.01%4.27%
201036.45%-6.51%
200938.99%-5.75%
200841.37%5.02%
200739.39%-2.24%
200640.29%6.62%
200537.79%8.76%
200434.75%-15.77%
200341.26%-0.27%
200241.37%-1.14%
200141.84%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
25.80%-34.78%๐Ÿ‡บ๐Ÿ‡ธ USA
13.93%-64.79%๐Ÿ‡บ๐Ÿ‡ธ USA
22.08%-44.19%๐Ÿ‡บ๐Ÿ‡ธ USA
4.13%-89.56%๐Ÿ‡บ๐Ÿ‡ธ USA

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.