Company / Operating Income
Paychex Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$2.2B
FY2024
5-year range
$1.8B / $2.2B
FY2020-FY2024
Trend
+1.5%
vs FY2023
Sector context
#26 of 328
Industrials
What the data says
Among 328 Industrials companies, Paychex is in the top 8% for operating income. Operating Income has increased for 4 consecutive years, from $1.3B in FY2020 to $2.2B in FY2024.
Based on SEC 10-K filings.
$2.2B in FY2024 with a 5-year CAGR of +8.6%. Top quartile in the Industrials sector.
Improved from $2.0B to $2.2B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +6.3%
- 5-Year CAGR
- +8.6%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 328This company $2.2B Sector average $717.8M
▼
+207.6% above sector average
Key checks
Key Insights
- Paychex's operating income has grown for 4 consecutive years.
- 5-year CAGR of +8.6%, indicating consistent growth.
- In FY2024, operating income increased 1.5% year-over-year.
- Ranks #26 out of 328 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $2.2B | +1.5% |
| FY2023 | $2.2B | +6.9% |
| FY2022 | $2.0B | +10.5% |
| FY2021 | $1.8B | +42.5% |
| FY2020 | $1.3B | -11.6% |
| FY2019 | $1.5B | +6.5% |
| FY2018 | $1.4B | +6.2% |
| FY2017 | $1.3B | +31.4% |
| FY2016 | $982.7M | -14.3% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026