Paychex Tax Provision from 2010 to 2025

PAYX Stock  USD 146.29  0.55  0.37%   
Paychex Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 443.2 M in 2025. Tax Provision is the amount set aside by Paychex to cover any estimated taxes for the current period. It reflects Paychex's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-02-28
Previous Quarter
111.9 M
Current Value
129.7 M
Quarterly Volatility
24.9 M
 
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 213.1 M, Interest Expense of 45 M or Total Revenue of 6.4 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Paychex over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Paychex's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Paychex Tax Provision Regression Statistics

Arithmetic Mean413,701,188
Geometric Mean408,122,569
Coefficient Of Variation17.94
Mean Deviation55,688,984
Median385,100,000
Standard Deviation74,210,288
Sample Variance5507.2T
Range273.1M
R-Value0.57
Mean Square Error3999.2T
R-Squared0.32
Significance0.02
Slope8,848,243
Total Sum of Squares82607.5T

Paychex Tax Provision History

2025443.2 M
2024606.7 M
2023527.6 M
2022490.9 M
2021431.8 M
2020336.7 M
2019339 M

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Tax Provision, 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
Tax Provision606.7 M443.2 M

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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.