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PAYX's Operating Income Growth by Quarter and Year
Paychex Inc 's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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PAYX Operating Income (in millions $) |
FY 2022 |
FY 2021 |
FY 2020 |
FY 2019 |
IV Quarter |
May |
-
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353.80
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299.60
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314.50
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III Quarter |
February |
562.80
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468.60
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470.10
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429.30
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II Quarter |
November |
440.30
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354.30
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341.70
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307.20
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I Quarter |
August |
442.90
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284.00
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349.10
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320.30
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FY |
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1,446.00
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1,460.70
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1,460.50
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1,371.30
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PAYX Operating Income third quarter 2022 Y/Y Growth Comment |
Paychex Inc achieved in the third quarter 2022, above Company average Operating Income growth of 20.1% year on year, to $ 562.80 millions.
Looking into third quarter 2022 results within Professional Services industry 2 other companies have achieved higher Operating Income growth. While Paychex Inc ' s Operating Income rise of 20.1% ranks overall at the positon no. 48 in the third quarter 2022.
Explain Operating Income growth
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PAYX Operating Income ( Y/Y Growth %) |
2022
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2021 |
2020 |
2019 |
IV Quarter |
May |
- |
18.09 % |
-4.74 % |
-1.04 % |
III Quarter |
February |
20.1 % |
-0.32 % |
9.5 % |
46.77 % |
II Quarter |
November |
24.27 % |
3.69 % |
11.23 % |
-7.53 % |
I Quarter |
August |
55.95 % |
-18.65 % |
8.99 % |
-7.16 % |
FY |
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- |
0.01 % |
6.5 % |
6.51 % |
PAYX Operating Income (Quarter on Quarter Growth %) |
2022
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2021 |
2020 |
2019 |
IV Quarter |
May |
- |
-24.5 % |
-36.27 % |
-26.74 % |
III Quarter |
February |
27.82 % |
32.26 % |
37.58 % |
39.75 % |
II Quarter |
November |
-0.59 % |
24.75 % |
-2.12 % |
-4.09 % |
I Quarter |
August |
25.18 % |
-5.21 % |
11 % |
0.79 % |
FY (Year on Year) |
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- |
0.01 % |
6.5 % |
6.51 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
64.27 % |
9 % |
-18.65 % |
(May 31, 2005) |
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(Aug 31 2020) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
64.27 % |
9 % |
-18.65 % |
(May 31, 2005) |
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(Aug 31 2020) |
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Operating Income by Quarter for the Fiscal Years 2019, 2020, 2021, 2022 |
Paychex Inc 's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
47.98 % |
3.27 % |
-36.27 % |
(Aug. 31, 2004) |
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PAYX's III. Quarter Q/Q Operating Income Comment |
Paychex Inc achieved in the III. Quarter 2022 above company average sequential Operating Income jump of 27.82%, to $ 562.80 millions, from $440.30 millions in the second quarter.
Within Professional Services industry 18 other companies have achieved higher Operating Income quarter on quarter growth. While Paychex Inc 's Operating Income growth quarter on quarter, overall rank is 485. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
47.98 % |
3.27 % |
-36.27 % |
(Aug. 31, 2004) |
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PAYX's III. Quarter Q/Q Operating Income Comment |
Paychex Inc achieved in the III. Quarter 2022 above company average sequential Operating Income jump of 27.82%, to $ 562.80 millions, from $440.30 millions in the second quarter.
Within Professional Services industry 18 other companies have achieved higher Operating Income quarter on quarter growth. While Paychex Inc 's Operating Income growth quarter on quarter, overall rank is 485. |
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Paychex Inc 's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Feb 28 2022) |
12 Months Ending (Nov 30 2021) |
12 Months Ending (Aug 31 2021) |
12 Months Ending (May 31 2021) |
12 Months Ending (Feb 28 2021) |
Cumulative Operating Income 12 Months Ending |
$ 1,799.80 |
$ 1,705.60 |
$ 1,619.60 |
$ 1,460.70 |
$ 1,406.50 |
Y / Y Operating Income Growth (TTM) |
27.96 % |
21.14 % |
16.07 % |
0.01 % |
-4.67 % |
Year on Year Operating Income Growth Overall
Ranking |
# 10 |
# 389 |
# 1150 |
# 98 |
# 23 |
Seqeuential Operating Income Change (TTM) |
5.52 % |
5.31 % |
10.88 % |
3.85 % |
-0.11 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 10 |
# 26 |
# 3 |
# 1588 |
# 28 |
Cumulative Operating Income growth
Comment |
Paychex Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 27.96% year on year, to $ 1,800 millions if the fiscal year would have ended in Feb 28 2022. Paychex Inc 's trailing twelve months Operating Income growth was higher than company's average 7.68% and higher than 21.14% growth in Nov 30 2021. And, Paychex Inc realized the fastest Operating Income growth, in Professional Services industry. But from twelve months ended Nov 30 2021 increase was slower at 5.52 % from $1705.6 millions reported in twelve months ending a quarter Nov 30 2021. In spite of, it was confirmation of convincing trend, as the average sequential Operating Income growth is at 1.79%. The progress is even more impressive from twelve months ended Nov 30 2021 clinched at 5.52 % increase from $1705.6 millions in the period from Nov 30 2021 to Feb 28 2021.
Paychex Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 10, from total ranking in previous quarter at 389. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
11.05 % |
1.79 % |
-4.46 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
30.75 % |
7.68 % |
-12.45 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 2 |
S&P 500 |
# 10 |
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Cumulative Operating Income growth
Comment |
Paychex Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 27.96% year on year, to $ 1,800 millions if the fiscal year would have ended in Feb 28 2022. Paychex Inc 's trailing twelve months Operating Income growth was higher than company's average 7.68% and higher than 21.14% growth in Nov 30 2021. And, Paychex Inc realized the fastest Operating Income growth, in Professional Services industry. But from the previous reporting period rise was beneth at 5.52 % from $1705.6 millions recorded in twelve months ending a quarter before. Yet this was evidence of positive momentum, while the usual sequential Operating Income gain is at 1.79%. The momentum was much more impressive from twelve months ended Nov 30 2021 clinched at 5.52 % jump from $1705.6 millions in the period from Nov 30 2021 to Feb 28 2021.
Paychex Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 10, from total ranking in previous quarter at 389. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
11.05 % |
1.79 % |
-4.46 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
30.75 % |
7.68 % |
-12.45 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 2 |
S&P 500 |
# 10 |
Companies with similar Operating Income jump for the quarter ending Feb 28 2022 within Services Sector | Y/Y Change % | Operating Income for the quarter ending Feb 28 2022 | Cintas Corporation | 24.85% | $ 24.853 millions | Accenture Plc | 24.68% | $ 24.679 millions | Paychex Inc | 20.10% | $ 20.102 millions |
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