CSIMarket



Paychex Inc   (PAYX)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

PAYX's Operating Income Growth by Quarter and Year

Paychex Inc 's Operating Income results by quarter and year




PAYX Operating Income (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter May - 353.80 299.60 314.50
III Quarter February 562.80 468.60 470.10 429.30
II Quarter November 440.30 354.30 341.70 307.20
I Quarter August 442.90 284.00 349.10 320.30
FY   1,446.00 1,460.70 1,460.50 1,371.30



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


PAYX Operating Income ( Y/Y Growth %) 2022
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   - 0.01 % 6.5 % 6.51 %

Financial Statements
Paychex Inc 's third quarter 2022 Operating Income $ 562.80 millions PAYX's Income Statement
Paychex Inc 's third quarter 2021 Operating Income $ 468.60 millions Quarterly PAYX's Income Statement
New: More PAYX's historic Operating Income Growth >>


PAYX Operating Income (Quarter on Quarter Growth %)

2022
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)   - 0.01 % 6.5 % 6.51 %




Operating Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #3
Services Sector #9
Overall #48

Operating Income Y/Y Growth Statistics
High Average Low
64.27 % 9 % -18.65 %
(May 31, 2005)   (Aug 31 2020)
Operating Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #3
Services Sector #9
Overall #48
Operating Income Y/Y Growth Statistics
High Average Low
64.27 % 9 % -18.65 %
(May 31, 2005)   (Aug 31 2020)

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)  


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.


Operating Income Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #19
Services Sector #58
Overall #485
Operating Income Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #19
Services Sector #58
Overall #485
Operating Income Q/Q Growth Statistics
High Average Low
47.98 % 3.27 % -36.27 %
(Aug. 31, 2004)  


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.


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 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 1
Services Sector # 1
Overall # 10

Operating Income TTM Y/Y Growth Statistics
High Average Low
30.75 %
7.68 %
-12.45 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 2
S&P 500 # 10
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 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 1
Services Sector # 1
Overall # 10

Operating Income TTM Y/Y Growth Statistics
High Average Low
30.75 %
7.68 %
-12.45 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 2
S&P 500 # 10




Other Operating Income Growth
Professional Services Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
PAYX's Operating Income Growth Ratio versus Professional Services Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for PAYX's Competitors
Operating Income Growth for Paychex Inc 's Suppliers
Operating Income Growth for PAYX's Customers

You may also want to know
PAYX's Annual Growth Rates PAYX's Profitability Ratios PAYX's Asset Turnover Ratio PAYX's Dividend Growth
PAYX's Roe PAYX's Valuation Ratios PAYX's Financial Strength Ratios PAYX's Dividend Payout Ratio
PAYX's Roa PAYX's Inventory Turnover Ratio PAYX's Growth Rates PAYX's Dividend Comparisons



Companies with similar Operating Income jump for the quarter ending Feb 28 2022 within Services SectorY/Y Change %Operating Income for the quarter ending Feb 28 2022
Cintas Corporation24.85%$ 24.853 millions
Accenture Plc24.68%$ 24.679 millions
Paychex Inc 20.10%$ 20.102 millions


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

SITC's Profile

Stock Price

SITC's Financials

Business Description

Fundamentals

Charts & Quotes

SITC's News

Suppliers

SITC's Competitors

Customers & Markets

Economic Indicators

SITC's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071