Paychex Return on Equity (ROE) Growth & History (PAYX)
Paychex's return on equity was 44.77% for fiscal 2026.
View full Paychex company overviewPaychex annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 44.77% | +2.97 pp |
| 2025 | 2025-05-31 | 41.80% | −4.55 pp |
| 2024 | 2024-05-31 | 46.35% | −1.00 pp |
| 2023 | 2023-05-31 | 47.35% | +1.17 pp |
| 2022 | 2022-05-31 | 46.17% | — |
| 2015 | 2015-05-31 | 37.89% | +2.54 pp |
| 2014 | 2014-05-31 | 35.35% | +1.66 pp |
| 2013 | 2013-05-31 | 33.69% | −1.66 pp |
| 2012 | 2012-05-31 | 35.35% | −0.21 pp |
| 2011 | 2011-05-31 | 35.56% | +0.79 pp |
| 2010 | 2010-05-31 | 34.77% | −7.27 pp |
| 2009 | 2009-05-31 | 42.04% | — |
Paychex quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | 10.86% | +3.65 pp |
| Q3 2026 | 2026-02-28 | 14.20% | +1.28 pp |
| Q2 2026 | 2025-11-30 | 10.07% | −0.56 pp |
| Q1 2026 | 2025-08-31 | 9.48% | −1.69 pp |
| Q4 2025 | 2025-05-31 | 7.21% | −2.86 pp |
| Q3 2025 | 2025-02-28 | 12.91% | −0.80 pp |
| Q2 2025 | 2024-11-30 | 10.63% | −0.41 pp |
| Q1 2025 | 2024-08-31 | 11.17% | −0.67 pp |
| Q4 2024 | 2024-05-31 | 10.07% | — |
| Q3 2024 | 2024-02-29 | 13.71% | — |
| Q2 2024 | 2023-11-30 | 11.04% | — |
| Q1 2024 | 2023-08-31 | 11.84% | — |
| Q3 2016 | 2016-02-29 | 9.67% | +0.53 pp |
| Q2 2016 | 2015-11-30 | 10.37% | +0.81 pp |
| Q1 2016 | 2015-08-31 | 11.69% | +2.08 pp |
| Q4 2015 | 2015-05-31 | 8.81% | +0.63 pp |
| Q3 2015 | 2015-02-28 | 9.14% | +0.12 pp |
| Q2 2015 | 2014-11-30 | 9.56% | +0.51 pp |
| Q1 2015 | 2014-08-31 | 9.62% | +0.37 pp |
| Q4 2014 | 2014-05-31 | 8.18% | +0.88 pp |
| Q3 2014 | 2014-02-28 | 9.02% | +0.28 pp |
| Q2 2014 | 2013-11-30 | 9.05% | +0.23 pp |
| Q1 2014 | 2013-08-31 | 9.24% | −0.15 pp |
| Q4 2013 | 2013-05-31 | 7.31% | −0.40 pp |
| Q3 2013 | 2013-02-28 | 8.75% | +0.16 pp |
| Q2 2013 | 2012-11-30 | 8.82% | −0.24 pp |
| Q1 2013 | 2012-08-31 | 9.39% | −0.42 pp |
| Q4 2012 | 2012-05-31 | 7.71% | −0.32 pp |
| Q3 2012 | 2012-02-29 | 8.59% | −0.37 pp |
| Q2 2012 | 2011-11-30 | 9.06% | −0.21 pp |
| Q1 2012 | 2011-08-31 | 9.81% | +0.52 pp |
| Q4 2011 | 2011-05-31 | 8.02% | −0.23 pp |
| Q3 2011 | 2011-02-28 | 8.95% | +0.92 pp |
| Q2 2011 | 2010-11-30 | 9.28% | +0.14 pp |
| Q1 2011 | 2010-08-31 | 9.29% | +0.16 pp |
| Q4 2010 | 2010-05-31 | 8.25% | — |
| Q3 2010 | 2010-02-28 | 8.03% | — |
| Q2 2010 | 2009-11-30 | 9.13% | — |
| Q1 2010 | 2009-08-31 | 9.13% | — |
Paychex return on equity trends
Between the periods ended 2009-05-31 and 2026-05-31, Paychex's return on equity increased from 42.04% to 44.77%, a change of +2.73 percentage points. The latest reported quarter, Q4 2026, shows 10.86%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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