Company / Net Income
Paychex Net Income History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$1.7B
FY2024
5-year range
$1.4B / $1.7B
FY2021-FY2024
Trend
-2.0%
vs FY2023
Sector context
#33 of 359
Industrials
What the data says
Among 359 Industrials companies, Paychex is in the top 9% for net income. Improved from $1.6B to $1.7B over the past 2 years.
Based on SEC 10-K filings.
$1.7B in FY2024 with a 3-year CAGR of +6.0%. Top quartile in the Industrials sector.
Improved from $1.6B to $1.7B over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +6.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 9% in IndustrialsTop 9% of 359This company $1.7B Sector average $542.3M
▼
+205.6% above sector average
Key checks
Key Insights
- 3-year CAGR of +6.0%, indicating consistent growth.
- In FY2024, net income decreased 2.0% year-over-year.
- Ranks #33 out of 359 companies in the Industrials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.7B | -2.0% |
| FY2023 | $1.7B | +8.5% |
| FY2022 | $1.6B | +11.8% |
| FY2021 | $1.4B | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026