Paychex Return On Equity from 2010 to 2024
PAYX Stock | USD 145.26 0.80 0.55% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.44472507 | Current Value 0.26 | Quarterly Volatility 0.06875621 |
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.
Paychex | Return On Equity |
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.
View | Last Reported 0.46 | 10 Years Trend |
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Return On Equity |
Timeline |
Paychex Return On Equity Regression Statistics
Arithmetic Mean | 0.38 | |
Geometric Mean | 0.37 | |
Coefficient Of Variation | 18.23 | |
Mean Deviation | 0.05 | |
Median | 0.39 | |
Standard Deviation | 0.07 | |
Sample Variance | 0 | |
Range | 0.2354 | |
R-Value | 0.43 | |
Mean Square Error | 0 | |
R-Squared | 0.18 | |
Significance | 0.11 | |
Slope | 0.01 | |
Total Sum of Squares | 0.07 |
Paychex Return On Equity History
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 Reported | Projected for Next Year | ||
Return On Equity | 0.44 | 0.26 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.