Basis: Trailing twelve months (TTM net income over TTM revenue). 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 27.03% is in line with its 5-year average of 29.73%, around the middle of its 5-year range (20.82%–34.64%).
5.34% above its 12-month average of 25.66%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
27.03%
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
+5.34%
CURRENT VS 3Y AVG
-8.21%
CURRENT VS 5Y AVG
-9.08%
CURRENT VS 10Y AVG
-4.59%
CURRENT VS 15Y AVG
-0.73%
CURRENT VS 20Y AVG
-0.08%
SECTOR MEDIAN · INDUSTRIALS
9.86%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+174.28%
vs the sector median at left
Paychex, Inc.
Market Cap
$41.05B
Net Profit Margin
27.03%
TTM Avg
25.66%
3Y Avg
29.45%
5Y Avg
29.73%
Market Cap
$40.52B
Net Profit Margin
10.86%
TTM Avg
9.14%
3Y Avg
9.85%
5Y Avg
8.87%
Market Cap
$39.73B
Net Profit Margin
6.20%
TTM Avg
11.30%
3Y Avg
11.56%
5Y Avg
6.50%
Market Cap
$42.57B
Net Profit Margin
21.22%
TTM Avg
25.27%
3Y Avg
27.60%
5Y Avg
36.46%
Market Cap
$43.78B
Net Profit Margin
16.38%
TTM Avg
14.36%
3Y Avg
14.56%
5Y Avg
15.35%
Market Cap
$38.26B
Net Profit Margin
19.44%
TTM Avg
19.52%
3Y Avg
20.54%
5Y Avg
19.77%
Market Cap
$36.86B
Net Profit Margin
-21.51%
TTM Avg
-38.27%
3Y Avg
-53.90%
5Y Avg
-93.43%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $41.05B | 27.03% | 25.66% | 29.45% | 29.73% |
| Ferrovial SE (FER)vs › | $41.17B | 6.73% | 22.31% | 12.93% | 9.34% |
| Waste Connections, Inc. (WCN)vs › | $40.52B | 10.86% | 9.14% | 9.85% | 8.87% |
| Axon Enterprise, Inc. (AXON)vs › | $39.73B | 6.20% | 11.30% | 11.56% | 6.50% |
| Thomson Reuters Corporation (TRI)vs › | $42.57B | 21.22% | 25.27% | 27.60% | 36.46% |
| Ferguson plc (FERG)vs › | $43.43B | 6.39% | 6.82% | 6.46% | 6.62% |
| HEICO Corporation (HEI)vs › | $43.78B | 16.38% | 14.36% | 14.56% | 15.35% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.26B | 19.44% | 19.52% | 20.54% | 19.77% |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.86B | -21.51% | -38.27% | -53.90% | -93.43% |
| HEICO Corporation (HEI-A)vs › | $45.18B | 16.38% | 14.36% | 14.56% | 15.35% |
Operating Margin
38.5%
Net Profit Margin
27.0%
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% |
