Paychex Cost Of Revenue from 2010 to 2024

PAYX Stock  USD 146.27  0.56  0.38%   
Paychex Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue is likely to outpace its year average in 2024. During the period from 2010 to 2024, Paychex Cost Of Revenue regression line of annual values had r-squared of  0.90 and arithmetic mean of  1,018,264,333. View All Fundamentals
 
Cost Of Revenue  
First Reported
1989-08-31
Previous Quarter
375.2 M
Current Value
380 M
Quarterly Volatility
111.2 M
 
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's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
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 Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Paychex over the last few years. Cost of Revenue is found on Paychex income statement and represents the costs associated with goods and services Paychex provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Paychex's Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Paychex Cost Of Revenue Regression Statistics

Arithmetic Mean1,018,264,333
Geometric Mean789,100,117
Coefficient Of Variation40.34
Mean Deviation325,841,956
Median1,017,800,000
Standard Deviation410,781,616
Sample Variance168741.5T
Range1.5B
R-Value0.95
Mean Square Error17404.8T
R-Squared0.90
Slope87,344,125
Total Sum of Squares2362381.5T

Paychex Cost Of Revenue History

20241.6 B
20231.5 B
20221.5 B
20211.4 B
20201.3 B
20191.3 B
20181.2 B

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue1.5 B1.6 B

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Additional Tools for Paychex Stock Analysis

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.