Paychex Return On Equity from 2010 to 2024

PAYX Stock  USD 145.26  0.80  0.55%   
Paychex Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.26 in 2024. Return On Equity is a measure of the profitability of Paychex in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.44472507
Current Value
0.26
Quarterly Volatility
0.06875621
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Paychex over the last few years. Return on Equity is the amount of Paychex net income returned as a percentage of Paychex equity. Return on equity measures Paychex profitability by revealing how much profit Paychex generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Paychex's Return On Equity 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 0.4610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Paychex Return On Equity Regression Statistics

Arithmetic Mean0.38
Geometric Mean0.37
Coefficient Of Variation18.23
Mean Deviation0.05
Median0.39
Standard Deviation0.07
Sample Variance0
Range0.2354
R-Value0.43
Mean Square Error0
R-Squared0.18
Significance0.11
Slope0.01
Total Sum of Squares0.07

Paychex Return On Equity History

2024 0.26
2023 0.44
2021 0.45
2020 0.37
2018 0.39
2017 0.46
2016 0.42

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Return On Equity, 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
Return On Equity 0.44  0.26 

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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.