TTM
$4.68B
YoY change
+6.1%
5Y CAGR
+7.9%
Peak year (2025)
$4.03B
Cumulative gross profit
$55.33B
Gross Profit history chart for Paychex (PAYX) from 1986 to 2025
Latest: $4.03B
Gross Profit growth chart for Paychex (PAYX) from 1986 to 2025
Latest: +6.1%
Gross Profit history table for Paychex (PAYX) from 1986 to 2025
| 2025 | $4.03B | +6.1% | +$232.30M | ||
| 2024 | $3.80B | +6.9% | +$244.90M | ||
| 2023 | $3.55B | +9.2% | +$298.70M | ||
| 2022 | $3.26B | +16.9% | +$469.80M | ||
| 2021 | $2.79B | +0.9% | +$25.90M | ||
| 2020 | $2.76B | +6.4% | +$165.00M | ||
| 2019 | $2.59B | +9.8% | +$231.60M | ||
| 2018 | $2.36B | +5.9% | +$131.40M | ||
| 2017 | $2.23B | +6.5% | +$136.90M | ||
| 2016 | $2.09B | +8.4% | +$163.20M | ||
| 2015 | $1.93B | +8.1% | +$145.20M | ||
| 2014 | $1.79B | +7.9% | +$131.50M | ||
| 2013 | $1.65B | +6.8% | +$105.90M | ||
| 2012 | $1.55B | +8.3% | +$118.30M | ||
| 2011 | $1.43B | +6.2% | +$83.47M | ||
| 2010 | $1.35B | -3.9% | −$55.01M | ||
| 2009 | $1.40B | -0.2% | −$3.35M | ||
| 2008 | $1.41B | +10.5% | +$134.10M | ||
| 2007 | $1.27B | +14.1% | +$157.14M | ||
| 2006 | $1.11B | -0.1% | −$1.29M | ||
| 2005 | $1.12B | +12.6% | +$124.72M | ||
| 2004 | $990.91M | +25.7% | +$202.53M | ||
| 2003 | $788.38M | +7.4% | +$54.17M | ||
| 2002 | $734.21M | +9.7% | +$64.71M | ||
| 2001 | $669.50M | +13.3% | +$78.38M | ||
| 2000 | $591.12M | +23.6% | +$112.92M | ||
| 1999 | $478.20M | +22.9% | +$89.00M | ||
| 1998 | $389.20M | +27.1% | +$83.10M | ||
| 1997 | $306.10M | +26.3% | +$63.70M | ||
| 1996 | $242.40M | +21.4% | +$42.80M | ||
| 1995 | $199.60M | +19.4% | +$32.40M | ||
| 1994 | $167.20M | +19.4% | +$27.20M | ||
| 1993 | $140.00M | +18.7% | +$22.10M | ||
| 1992 | $117.90M | +23.5% | +$22.40M | ||
| 1991 | $95.50M | +15.8% | +$13.00M | ||
| 1990 | $82.50M | +15.2% | +$10.90M | ||
| 1989 | $71.60M | +38.0% | +$19.70M | ||
| 1988 | $51.90M | +13.8% | +$6.30M | ||
| 1987 | $45.60M | +28.5% | +$10.10M | ||
| 1986 | $35.50M | — | — |
- 2025$4.03B+6.1%
- 2024$3.80B+6.9%
- 2023$3.55B+9.2%
- 2022$3.26B+16.9%
- 2021$2.79B+0.9%
- 2020$2.76B+6.4%
- 2019$2.59B+9.8%
- 2018$2.36B+5.9%
- 2017$2.23B+6.5%
- 2016$2.09B+8.4%
- 2015$1.93B+8.1%
- 2014$1.79B+7.9%
- 2013$1.65B+6.8%
- 2012$1.55B+8.3%
- 2011$1.43B+6.2%
- 2010$1.35B-3.9%
- 2009$1.40B-0.2%
- 2008$1.41B+10.5%
- 2007$1.27B+14.1%
- 2006$1.11B-0.1%
- 2005$1.12B+12.6%
- 2004$990.91M+25.7%
- 2003$788.38M+7.4%
- 2002$734.21M+9.7%
- 2001$669.50M+13.3%
- 2000$591.12M+23.6%
- 1999$478.20M+22.9%
- 1998$389.20M+27.1%
- 1997$306.10M+26.3%
- 1996$242.40M+21.4%
- 1995$199.60M+19.4%
- 1994$167.20M+19.4%
- 1993$140.00M+18.7%
- 1992$117.90M+23.5%
- 1991$95.50M+15.8%
- 1990$82.50M+15.2%
- 1989$71.60M+38.0%
- 1988$51.90M+13.8%
- 1987$45.60M+28.5%
- 1986$35.50M—
Gross Profit values are taken from Paychex's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current gross profit (TTM) is $4.68B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Paychex (PAYX) most recent annual gross profit stands at $4.03B (2025) – grew 6.1% year-over-year.
Paychex gross profit compound annual growth for the 2020–2025 (5 years) window is +7.9%, sustaining 15 straight years of year-over-year growth.
2025 marks the peak gross profit at $4.03B, with the historical low of $35.50M recorded in 1986.
Paychex Gross Profit by Year
Paychex Gross Profit 2025: $4.03B
Paychex posted gross profit of $4.03B in 2025, grew 6.1% from 2024. This figure represents the highest annual value in the available history.
Paychex Gross Profit 2024: $3.80B
In 2024, Paychex reported gross profit of $3.80B, grew 6.9% from 2023.
Paychex Gross Profit 2023: $3.55B
Paychex gross profit in 2023 was $3.55B, grew 9.2% from 2022.
Paychex Gross Profit 2022: $3.26B
2022's gross profit for Paychex came in at $3.26B, grew 16.9% from 2021.
Paychex Gross Profit 2021: $2.79B
Paychex gross profit in 2021 was $2.79B.
See more financial history for Paychex (PAYX).
Sector peers by Gross Profit
Industrials peers of Paychex (PAYX), ranked by their latest gross profit
| $21.86B | |
| $17.79B | |
| $16.89B | |
| $16.30B | |
| $14.55B | |
| $10.32B | |
| $9.22B | |
| $4.29B |
- $21.86B
- $17.79B
- $16.89B
- $16.30B
- $14.55B
- $10.32B
- $9.22B
- $4.29B
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