Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 26.20% is 12% below its 5-year average of 29.73%, around the middle of its 5-year range (20.82%–34.64%).
As of the fiscal period ended Sunday, May 31, 2026. 2.09% above its 12-month average of 25.66%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
26.20%
NET PROFIT MARGIN AVG TTM
25.66%
NET PROFIT MARGIN AVG 3Y
29.45%
NET PROFIT MARGIN AVG 5Y
29.73%
NET PROFIT MARGIN AVG 10Y
28.33%
NET PROFIT MARGIN AVG 15Y
27.23%
NET PROFIT MARGIN AVG 20Y
27.05%
CURRENT VS TTM AVG
+2.09%
CURRENT VS 3Y AVG
-11.04%
CURRENT VS 5Y AVG
-11.88%
CURRENT VS 10Y AVG
-7.52%
CURRENT VS 15Y AVG
-3.78%
CURRENT VS 20Y AVG
-3.15%
SECTOR MEDIAN · INDUSTRIALS
10.21%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+156.59%
vs the sector median at left
Paychex, Inc.
Market Cap
$41.56B
Net Profit Margin
26.20%
TTM Avg
25.66%
3Y Avg
29.45%
5Y Avg
29.73%
Market Cap
$42.54B
Net Profit Margin
6.91%
TTM Avg
11.30%
3Y Avg
11.56%
5Y Avg
6.50%
Market Cap
$42.84B
Net Profit Margin
19.93%
TTM Avg
25.27%
3Y Avg
27.60%
5Y Avg
36.46%
Market Cap
$39.38B
Net Profit Margin
5.56%
TTM Avg
5.60%
3Y Avg
4.43%
5Y Avg
-6.05%
Market Cap
$44.12B
Net Profit Margin
19.44%
TTM Avg
19.52%
3Y Avg
20.54%
5Y Avg
19.77%
Market Cap
$37.60B
Net Profit Margin
-26.87%
TTM Avg
-38.27%
3Y Avg
-53.90%
5Y Avg
-93.43%
Market Cap
$35.17B
Net Profit Margin
7.72%
TTM Avg
7.19%
3Y Avg
5.77%
5Y Avg
4.74%
Market Cap
$49.13B
Net Profit Margin
10.59%
TTM Avg
10.32%
3Y Avg
9.16%
5Y Avg
8.21%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $41.56B | 26.20% | 25.66% | 29.45% | 29.73% |
| Axon Enterprise, Inc. (AXON)vs › | $42.54B | 6.91% | 11.30% | 11.56% | 6.50% |
| Thomson Reuters Corporation (TRI)vs › | $42.84B | 19.93% | 25.27% | 27.60% | 36.46% |
| United Airlines Holdings, Inc. (UAL)vs › | $39.38B | 5.56% | 5.60% | 4.43% | -6.05% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.12B | 19.44% | 19.52% | 20.54% | 19.77% |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.60B | -26.87% | -38.27% | -53.90% | -93.43% |
| Ferrovial SE (FER)vs › | $47.22B | 9.02% | 22.31% | 13.13% | 10.58% |
| EMCOR Group, Inc. (EME)vs › | $35.17B | 7.72% | 7.19% | 5.77% | 4.74% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 10.59% | 10.32% | 9.16% | 8.21% |
| HEICO Corporation (HEI-A)vs › | $49.65B | 16.08% | 14.36% | 14.56% | 15.35% |
Operating Margin
38.5%
Net Profit Margin
26.2%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-05-31 | 26.20% |
| 2026-02-28 | 30.97% |
| 2025-11-30 | 25.39% |
| 2025-08-31 | 24.92% |
| 2025-05-31 | 20.82% |
| 2025-02-28 | 34.41% |
| 2024-11-30 | 31.39% |
| 2024-08-31 | 32.42% |
| 2024-05-31 | 29.33% |
| 2024-02-29 | 34.64% |
| 2023-11-30 | 31.22% |
| 2023-08-31 | 32.60% |
| 2023-05-31 | 28.50% |
| 2023-02-28 | 33.85% |
| 2022-11-30 | 30.27% |
| 2022-08-31 | 31.44% |
| 2022-05-31 | 25.90% |
| 2022-02-28 | 33.75% |
| 2021-11-30 | 29.96% |
| 2021-08-31 | 30.81% |
| 2021-05-31 | 25.55% |
| 2021-02-28 | 31.53% |
| 2020-11-30 | 27.69% |
| 2020-08-31 | 22.70% |
| 2020-05-31 | 24.12% |
| 2020-02-29 | 31.02% |
| 2019-11-30 | 26.11% |
| 2019-08-31 | 26.63% |
| 2019-05-31 | 23.50% |
| 2019-02-28 | 30.33% |
| 2018-11-30 | 27.45% |
| 2018-08-31 | 28.23% |
| 2018-05-31 | 26.23% |
| 2018-02-28 | 30.05% |
| 2017-11-30 | 26.26% |
| 2017-08-31 | 27.89% |
| 2017-05-31 | 24.46% |
| 2017-02-28 | 25.45% |
| 2016-11-30 | 26.20% |
| 2016-08-31 | 27.68% |
| 2016-05-31 | 23.62% |
| 2016-02-29 | 23.97% |
| 2015-11-30 | 26.19% |
| 2015-08-31 | 28.92% |
| 2015-05-31 | 23.29% |
| 2015-02-28 | 24.05% |
| 2014-11-30 | 25.58% |
| 2014-08-31 | 25.69% |
| 2014-05-31 | 22.83% |
| 2014-02-28 | 25.15% |
| 2013-11-30 | 26.00% |
| 2013-08-31 | 26.78% |
| 2013-05-31 | 21.10% |
| 2013-02-28 | 24.36% |
| 2012-11-30 | 26.44% |
| 2012-08-31 | 26.48% |
| 2012-05-31 | 22.36% |
| 2012-02-29 | 24.24% |
| 2011-11-30 | 26.24% |
| 2011-08-31 | 26.97% |
| 2011-05-31 | 22.75% |
| 2011-02-28 | 25.13% |
| 2010-11-30 | 26.15% |
| 2010-08-31 | 25.45% |
| 2010-05-31 | 23.94% |
| 2010-02-28 | 22.68% |
| 2009-11-30 | 26.05% |
| 2009-08-31 | 25.41% |
| 2009-05-31 | 27.07% |
| 2009-02-28 | 24.74% |
| 2008-11-30 | 26.76% |
| 2008-08-31 | 27.84% |
| 2008-05-31 | 26.09% |
| 2008-02-29 | 26.77% |
| 2007-11-30 | 28.97% |
| 2007-08-31 | 29.79% |
| 2007-05-31 | 24.85% |
| 2007-02-28 | 26.09% |
| 2006-11-30 | 29.16% |
| 2006-08-31 | 29.41% |
| 2006-05-31 | 27.87% |
| 2006-02-28 | 26.60% |
| 2005-11-30 | 28.17% |
| 2005-08-31 | 28.49% |
| 2005-05-31 | 26.77% |
| 2005-02-28 | 24.82% |
| 2004-11-30 | 25.01% |
| 2004-08-31 | 25.43% |
| 2004-05-31 | 18.59% |
| 2004-02-29 | 23.50% |
| 2003-11-30 | 25.85% |
| 2003-08-31 | 25.98% |
| 2003-05-31 | 30.13% |
| 2003-02-28 | 24.85% |
| 2002-11-30 | 27.77% |
| 2002-08-31 | 30.05% |