Paychex Net Income from 2010 to 2024

PAYX Stock  USD 145.26  0.80  0.55%   
Paychex Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Paychex Net Income regression line of annual values had r-squared of  0.94 and arithmetic mean of  971,788,000. View All Fundamentals
 
Net Income  
First Reported
1989-08-31
Previous Quarter
379.9 M
Current Value
427.4 M
Quarterly Volatility
117.1 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 Net Income Growth Pattern

Below is the plot of the Net Income of Paychex over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Paychex financial statement analysis. It represents the amount of money remaining after all of Paychex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Paychex's Net Income 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.
ViewLast Reported 1.69 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Paychex Net Income Regression Statistics

Arithmetic Mean971,788,000
Geometric Mean672,432,403
Coefficient Of Variation49.76
Mean Deviation379,053,867
Median933,700,000
Standard Deviation483,547,374
Sample Variance233818.1T
Range1.8B
R-Value0.97
Mean Square Error14025.2T
R-Squared0.94
Slope105,070,143
Total Sum of Squares3273452.9T

Paychex Net Income History

20241.8 B
20231.7 B
20221.6 B
20211.4 B
20201.1 B
20191.1 B
2018B

Other Fundumenentals of Paychex

Paychex Net Income component correlations

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Net Income, 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
Net Income1.7 B1.8 B
Net Income Applicable To Common Shares1.8 B1.9 B
Net Income From Continuing Ops1.7 BB
Net Income Per Share 4.69  4.93 
Net Income Per E B T 0.76  0.54 

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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.