Ticker League

Paychex (PAYX) seasonality heatmap

Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.

2026

Jan-7.1%
Feb-9.2%
Mar-1.6%
Apr+0.6%
May+4.7%
Jun+3.8%
Jul
Aug
Sep
Oct
Nov
Dec

2025

Jan+5.3%
Feb+3.4%
Mar+1.7%
Apr-4.6%
May+8.1%
Jun-7.9%
Jul-0.0%
Aug-3.4%
Sep-9.1%
Oct-7.7%
Nov-3.6%
Dec+0.4%

2024

Jan+2.2%
Feb+1.5%
Mar+0.1%
Apr-3.2%
May+2.0%
Jun-1.3%
Jul+8.0%
Aug+3.3%
Sep+2.3%
Oct+3.8%
Nov+5.7%
Dec-4.1%

2023

Jan+0.3%
Feb-4.1%
Mar+3.8%
Apr-4.1%
May-3.7%
Jun+6.6%
Jul+12.2%
Aug-1.9%
Sep-5.6%
Oct-3.7%
Nov+10.7%
Dec-2.3%

2022

Jan-13.2%
Feb+1.1%
Mar+14.6%
Apr-7.1%
May-1.6%
Jun-8.0%
Jul+12.6%
Aug-3.3%
Sep-9.0%
Oct+5.4%
Nov+5.6%
Dec-6.8%

2021

Jan-5.6%
Feb+4.3%
Mar+7.6%
Apr-0.5%
May+4.4%
Jun+6.1%
Jul+6.7%
Aug+0.6%
Sep-1.8%
Oct+10.2%
Nov-3.3%
Dec+14.5%

2020

Jan+1.6%
Feb-9.7%
Mar-18.8%
Apr+8.9%
May+6.6%
Jun+4.8%
Jul-4.2%
Aug+6.3%
Sep+4.3%
Oct+3.9%
Nov+13.3%
Dec+0.0%

2019

Jan+9.5%
Feb+8.8%
Mar+4.1%
Apr+5.1%
May+2.5%
Jun-4.1%
Jul+1.6%
Aug-1.6%
Sep+1.3%
Oct+1.8%
Nov+3.0%
Dec-1.2%

2018

Jan+1.0%
Feb-4.6%
Mar-5.4%
Apr-1.7%
May+9.2%
Jun+4.2%
Jul+1.8%
Aug+6.1%
Sep+0.5%
Oct-10.3%
Nov+8.0%
Dec-7.9%

2017

Jan-0.2%
Feb+1.9%
Mar-4.1%
Apr+0.6%
May+0.7%
Jun-3.9%
Jul+2.4%
Aug-1.4%
Sep+5.1%
Oct+7.2%
Nov+5.5%
Dec+1.2%

2016

Jan-8.7%
Feb+7.4%
Mar+5.1%
Apr-3.5%
May+4.9%
Jun+9.7%
Jul+0.4%
Aug+2.3%
Sep-4.6%
Oct-3.8%
Nov+6.8%
Dec+3.3%

2015

Jan-1.2%
Feb+10.1%
Mar-0.5%
Apr-2.5%
May+2.9%
Jun-5.1%
Jul-0.1%
Aug-3.7%
Sep+6.7%
Oct+9.1%
Nov+5.2%
Dec-2.5%

2014

Jan-7.4%
Feb-0.1%
Mar+2.0%
Apr-1.8%
May-0.8%
Jun+1.1%
Jul-0.4%
Aug+1.6%
Sep+6.1%
Oct+7.1%
Nov+1.0%
Dec-2.6%

2013

Jan+5.0%
Feb+1.4%
Mar+5.9%
Apr+3.9%
May+2.2%
Jun-2.0%
Jul+9.0%
Aug-1.9%
Sep+5.1%
Oct+4.8%
Nov+3.5%
Dec+4.1%

2012

Jan+5.7%
Feb-0.6%
Mar-1.0%
Apr-0.1%
May-2.2%
Jun+4.8%
Jul+5.1%
Aug+1.8%
Sep+0.1%
Oct-1.7%
Nov+0.4%
Dec-2.5%

2011

Jan+4.5%
Feb+5.1%
Mar-6.7%
Apr+5.2%
May-1.2%
Jun-4.9%
Jul-7.1%
Aug-4.4%
Sep-2.2%
Oct+11.7%
Nov-0.1%
Dec+3.4%

2010

Jan-4.3%
Feb+3.3%
Mar+2.6%
Apr+0.5%
May-6.6%
Jun-9.0%
Jul+1.2%
Aug-4.2%
Sep+10.4%
Oct+2.1%
Nov+2.9%
Dec+8.3%

2009

Jan-6.4%
Feb-9.1%
Mar+16.3%
Apr+6.4%
May+1.2%
Jun-7.8%
Jul+6.4%
Aug+6.7%
Sep+2.7%
Oct-1.1%
Nov+10.3%
Dec-2.3%

2008

Jan-8.9%
Feb-3.9%
Mar+8.9%
Apr+7.0%
May-5.0%
Jun-9.5%
Jul+6.3%
Aug+3.5%
Sep-3.1%
Oct-12.6%
Nov-1.0%
Dec-7.0%

2007

Jan+1.7%
Feb+1.5%
Mar-6.8%
Apr-1.5%
May+8.9%
Jun-3.1%
Jul+6.5%
Aug+7.4%
Sep-7.7%
Oct+2.7%
Nov-6.7%
Dec-7.1%

2006

Jan-4.2%
Feb+10.2%
Mar+4.0%
Apr-2.7%
May-9.1%
Jun+6.2%
Jul-11.9%
Aug+5.1%
Sep+2.5%
Oct+7.7%
Nov-0.2%
Dec+0.3%

2005

Jan-10.1%
Feb+4.7%
Mar+2.8%
Apr-6.4%
May-5.6%
Jun+12.6%
Jul+7.7%
Aug-2.2%
Sep+8.7%
Oct+4.9%
Nov+9.4%
Dec-10.1%

2004

Jan+1.0%
Feb-14.5%
Mar+11.1%
Apr+4.7%
May+0.9%
Jun-9.7%
Jul-9.0%
Aug-3.4%
Sep+1.6%
Oct+9.2%
Nov+1.1%
Dec+2.8%

2003

Jan-9.4%
Feb+4.2%
Mar+4.7%
Apr+13.9%
May-2.0%
Jun-3.7%
Jul+10.7%
Aug+11.2%
Sep-5.4%
Oct+14.5%
Nov-1.2%
Dec-3.2%

2002

Jan+5.6%
Feb+0.7%
Mar+7.4%
Apr-5.7%
May-7.2%
Jun-9.7%
Jul-15.5%
Aug-11.1%
Sep+3.7%
Oct+19.2%
Nov+1.3%
Dec-4.5%

2001

Jan-7.0%
Feb-11.5%
Mar-7.2%
Apr-6.5%
May+11.2%
Jun+4.1%
Jul-1.5%
Aug-5.7%
Sep-15.0%
Oct+2.0%
Nov+9.2%
Dec-0.5%

2000

Jan+10.5%
Feb+13.6%
Mar+4.6%
Apr+0.7%
May-0.2%
Jun+20.0%
Jul+9.1%
Aug-2.5%
Sep+17.6%
Oct+8.2%
Nov+2.5%
Dec-16.4%

1999

Jan-5.2%
Feb-13.0%
Mar+12.0%
Apr+7.8%
May-12.9%
Jun+7.5%
Jul-11.8%
Aug+5.0%
Sep+15.8%
Oct+15.6%
Nov+1.4%
Dec+0.2%

1998

Jan-5.3%
Feb+8.0%
Mar+11.7%
Apr-5.6%
May-0.7%
Jun+13.1%
Jul-0.5%
Aug-6.0%
Sep+35.7%
Oct-3.3%
Nov+0.0%
Dec+3.4%

1997

Jan-5.5%
Feb-10.4%
Mar-5.5%
Apr+14.4%
May+17.7%
Jun+3.6%
Jul+6.3%
Aug-15.1%
Sep+1.7%
Oct+9.8%
Nov+7.4%
Dec+23.5%

1996

Jan+4.0%
Feb+6.3%
Mar+6.0%
Apr+15.8%
May-2.4%
Jun+9.5%
Jul-4.8%
Aug+16.7%
Sep+8.6%
Oct-1.7%
Nov-6.1%
Dec-3.9%

1995

Jan-3.1%
Feb+5.1%
Mar+12.1%
Apr+3.8%
May-7.3%
Jun+23.0%
Jul+3.2%
Aug+9.7%
Sep+12.9%
Oct-6.1%
Nov+4.2%
Dec+10.6%

1994

Jan+14.3%
Feb-2.5%
Mar-7.7%
Apr-2.8%
May-8.6%
Jun-8.6%
Jul+14.5%
Aug-2.2%
Sep+15.3%
Oct-0.7%
Nov-4.7%
Dec+13.3%

1993

Jan+1.6%
Feb+3.8%
Mar+10.8%
Apr-7.3%
May+5.9%
Jun+1.9%
Jul+4.6%
Aug+10.5%
Sep+6.3%
Oct+4.5%
Nov-7.9%
Dec+8.5%

1992

Jan+5.3%
Feb+3.5%
Mar-11.5%
Apr+7.0%
May+5.7%
Jun-8.8%
Jul+6.1%
Aug+11.2%
Sep+6.9%
Oct+17.3%
Nov+8.0%
Dec-4.2%

1991

Jan+3.7%
Feb+10.5%
Mar+8.3%
Apr-11.9%
May+15.6%
Jun+1.6%
Jul-8.3%
Aug+10.5%
Sep+18.7%
Oct+2.9%
Nov-3.5%
Dec+24.8%

1990

Jan-4.9%
Feb-5.4%
Mar-5.7%
Apr-1.3%
May-3.1%
Jun+1.6%
Jul-7.6%
Aug-14.4%
Sep+15.8%
Oct-2.2%
Nov+22.8%
Dec+5.0%

1989

Jan+11.6%
Feb+0.0%
Mar+1.3%
Apr+4.0%
May+13.4%
Jun+3.2%
Jul+1.2%
Aug-4.1%
Sep+4.3%
Oct-2.9%
Nov-10.6%
Dec-7.1%

1988

Jan+0.0%
Feb+13.6%
Mar-1.3%
Apr-2.7%
May-16.7%
Jun+18.3%
Jul-12.7%
Aug+6.5%
Sep+7.6%
Oct+2.8%
Nov-8.1%
Dec+4.5%

1987

Jan+18.3%
Feb+1.8%
Mar-6.2%
Apr-10.0%
May+6.9%
Jun+4.0%
Jul+1.9%
Aug-3.7%
Sep+13.6%
Oct-27.3%
Nov-6.5%
Dec+24.5%

1986

Jan+10.5%
Feb+7.1%
Mar+1.1%
Apr+24.2%
May+8.0%
Jun+21.7%
Jul-19.2%
Aug+12.5%
Sep+0.0%
Oct+0.0%
Nov-1.1%
Dec+4.5%

1985

Jan+28.0%
Feb+6.3%
Mar-13.7%
Apr+9.1%
May+12.5%
Jun+5.6%
Jul+15.8%
Aug+0.0%
Sep+0.0%
Oct+4.6%
Nov+17.4%
Dec-6.2%

1984

Jan-10.4%
Feb-27.9%
Mar+16.1%
Apr-5.6%
May+14.7%
Jun-2.6%
Jul-2.6%
Aug+0.0%
Sep+2.7%
Oct-10.5%
Nov+2.9%
Dec+7.1%

1983

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep+6.5%
Oct+8.2%
Nov-11.3%
Dec+2.1%

Avg

Jan+0.5%
Feb+0.5%
Mar+1.9%
Apr+1.0%
May+1.7%
Jun+2.0%
Jul+1.1%
Aug+1.0%
Sep+4.4%
Oct+2.5%
Nov+2.2%
Dec+1.6%

Median

Jan+0.3%
Feb+1.8%
Mar+2.6%
Apr-0.5%
May+1.2%
Jun+1.7%
Jul+1.7%
Aug+0.0%
Sep+3.7%
Oct+2.9%
Nov+1.4%
Dec+0.2%

Last 5Y Avg

Jan-2.5%
Feb-1.5%
Mar+3.7%
Apr-3.7%
May+1.9%
Jun-0.9%
Jul+7.9%
Aug-0.9%
Sep-4.7%
Oct+1.6%
Nov+3.0%
Dec+0.3%

Std Dev (σ)

Jan8.4%
Feb8.3%
Mar8.1%
Apr7.4%
May7.7%
Jun8.9%
Jul8.3%
Aug7.0%
Sep9.0%
Oct8.6%
Nov7.2%
Dec8.8%

Consistency (μ/σ)

Jan0.06
Feb0.06
Mar0.24
Apr0.14
May0.22
Jun0.23
Jul0.13
Aug0.14
Sep0.48
Oct0.28
Nov0.30
Dec0.18

Win Rate (%)

Jan51%
Feb63%
Mar63%
Apr47%
May56%
Jun57%
Jul60%
Aug48%
Sep72%
Oct63%
Nov60%
Dec53%

Winning / Losing Months

Jan2221
Feb2716
Mar2716
Apr2023
May2419
Jun2418
Jul2517
Aug2022
Sep3112
Oct2716
Nov2617
Dec2320

Longest Win / Loss Streak

Jan44
Feb42
Mar52
Apr45
May73
Jun75
Jul42
Aug43
Sep143
Oct93
Nov94
Dec34

Best

Jan+28.0%1985
Feb+13.6%1988
Mar+16.3%2009
Apr+24.2%1986
May+17.7%1997
Jun+23.0%1995
Jul+15.8%1985
Aug+16.7%1996
Sep+35.7%1998
Oct+19.2%2002
Nov+22.8%1990
Dec+24.8%1991

Worst

Jan-13.2%2022
Feb-27.9%1984
Mar-18.8%2020
Apr-11.9%1991
May-16.7%1988
Jun-9.7%2004
Jul-19.2%1986
Aug-15.1%1997
Sep-15.0%2001
Oct-27.3%1987
Nov-11.3%1983
Dec-16.4%2000
−27.9%+35.7%

Frequently asked questions

Data & methodology