Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 47.12% is in line with its 5-year average of 43.08%, near the high end of its 5-year range (37.23%–47.12%).
As of the fiscal period ended Sunday, May 31, 2026. 12.30% above its 12-month average of 41.96%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
47.12%
RETURN ON EQUITY (ROE) AVG TTM
41.96%
RETURN ON EQUITY (ROE) AVG 3Y
43.39%
RETURN ON EQUITY (ROE) AVG 5Y
43.08%
RETURN ON EQUITY (ROE) AVG 10Y
41.89%
RETURN ON EQUITY (ROE) AVG 15Y
39.69%
RETURN ON EQUITY (ROE) AVG 20Y
38.84%
CURRENT VS TTM AVG
+12.30%
CURRENT VS 3Y AVG
+8.59%
CURRENT VS 5Y AVG
+9.38%
CURRENT VS 10Y AVG
+12.50%
CURRENT VS 15Y AVG
+18.72%
CURRENT VS 20Y AVG
+21.31%
SECTOR MEDIAN · INDUSTRIALS
17.37%
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+171.29%
vs the sector median at left
Paychex, Inc.
Market Cap
$41.08B
Return on Equity (ROE)
47.12%
TTM Avg
41.96%
3Y Avg
43.39%
5Y Avg
43.08%
Market Cap
$41.14B
Return on Equity (ROE)
17.37%
TTM Avg
34.17%
3Y Avg
20.91%
5Y Avg
14.81%
Market Cap
$40.65B
Return on Equity (ROE)
13.44%
TTM Avg
10.50%
3Y Avg
10.67%
5Y Avg
9.08%
Market Cap
$39.91B
Return on Equity (ROE)
5.43%
TTM Avg
10.03%
3Y Avg
10.64%
5Y Avg
6.11%
Market Cap
$42.60B
Return on Equity (ROE)
14.96%
TTM Avg
15.51%
3Y Avg
16.66%
5Y Avg
19.83%
Market Cap
$43.27B
Return on Equity (ROE)
32.88%
TTM Avg
21.28%
3Y Avg
27.74%
5Y Avg
30.98%
Market Cap
$38.28B
Return on Equity (ROE)
23.95%
TTM Avg
25.84%
3Y Avg
29.63%
5Y Avg
27.81%
Market Cap
$43.95B
Return on Equity (ROE)
17.13%
TTM Avg
15.09%
3Y Avg
14.13%
5Y Avg
14.30%
Market Cap
$37.08B
Return on Equity (ROE)
-4.74%
TTM Avg
-30.62%
3Y Avg
-28.59%
5Y Avg
-16.36%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $41.08B | 47.12% | 41.96% | 43.39% | 43.08% |
| Ferrovial SE (FER)vs › | $41.14B | 17.37% | 34.17% | 20.91% | 14.81% |
| Waste Connections, Inc. (WCN)vs › | $40.65B | 13.44% | 10.50% | 10.67% | 9.08% |
| Axon Enterprise, Inc. (AXON)vs › | $39.91B | 5.43% | 10.03% | 10.64% | 6.11% |
| Thomson Reuters Corporation (TRI)vs › | $42.60B | 14.96% | 15.51% | 16.66% | 19.83% |
| Ferguson plc (FERG)vs › | $43.27B | 32.88% | 21.28% | 27.74% | 30.98% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.28B | 23.95% | 25.84% | 29.63% | 27.81% |
| HEICO Corporation (HEI)vs › | $43.95B | 17.13% | 15.09% | 14.13% | 14.30% |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.08B | -4.74% | -30.62% | -28.59% | -16.36% |
| HEICO Corporation (HEI-A)vs › | $45.28B | 17.13% | 15.09% | 14.13% | 14.30% |
ROE
47.1%
ROA
10.9%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-05-31 | 47.12% |
| 2026-02-28 | 40.78% |
| 2025-11-30 | 41.13% |
| 2025-08-31 | 40.64% |
| 2025-05-31 | 40.15% |
| 2025-02-28 | 42.27% |
| 2024-11-30 | 43.80% |
| 2024-08-31 | 44.11% |
| 2024-05-31 | 44.47% |
| 2024-02-29 | 44.32% |
| 2023-11-30 | 46.24% |
| 2023-08-31 | 44.52% |
| 2023-05-31 | 44.58% |
| 2023-02-28 | 44.20% |
| 2022-11-30 | 45.76% |
| 2022-08-31 | 45.85% |
| 2022-05-31 | 45.14% |
| 2022-02-28 | 41.37% |
| 2021-11-30 | 41.00% |
| 2021-08-31 | 40.07% |
| 2021-05-31 | 37.23% |
| 2021-02-28 | 35.45% |
| 2020-11-30 | 36.65% |
| 2020-08-31 | 37.63% |
| 2020-05-31 | 39.48% |
| 2020-02-29 | 40.14% |
| 2019-11-30 | 41.95% |
| 2019-08-31 | 41.88% |
| 2019-05-31 | 39.49% |
| 2019-02-28 | 39.74% |
| 2018-11-30 | 39.94% |
| 2018-08-31 | 39.78% |
| 2018-05-31 | 46.12% |
| 2018-02-28 | 44.02% |
| 2017-11-30 | 42.80% |
| 2017-08-31 | 42.58% |
| 2017-05-31 | 41.80% |
| 2017-02-28 | 42.18% |
| 2016-11-30 | 42.85% |
| 2016-08-31 | 38.48% |
| 2016-05-31 | 39.59% |
| 2016-02-29 | 39.48% |
| 2015-11-30 | 39.22% |
| 2015-08-31 | 39.80% |
| 2015-05-31 | 37.80% |
| 2015-02-28 | 35.24% |
| 2014-11-30 | 35.45% |
| 2014-08-31 | 35.62% |
| 2014-05-31 | 35.31% |
| 2014-02-28 | 33.84% |
| 2013-11-30 | 33.49% |
| 2013-08-31 | 33.10% |
| 2013-05-31 | 32.08% |
| 2013-02-28 | 35.42% |
| 2012-11-30 | 32.96% |
| 2012-08-31 | 33.36% |
| 2012-05-31 | 34.15% |
| 2012-02-29 | 34.07% |
| 2011-11-30 | 34.57% |
| 2011-08-31 | 34.58% |
| 2011-05-31 | 34.44% |
| 2011-02-28 | 34.87% |
| 2010-11-30 | 34.03% |
| 2010-08-31 | 33.77% |
| 2010-05-31 | 34.02% |
| 2010-02-28 | 34.02% |
| 2009-11-30 | 35.49% |
| 2009-08-31 | 37.25% |
| 2009-05-31 | 39.77% |
| 2009-02-28 | 41.71% |
| 2008-11-30 | 44.13% |
| 2008-08-31 | 45.90% |
| 2008-05-31 | 48.15% |
| 2008-02-29 | 48.76% |
| 2007-11-30 | 43.87% |
| 2007-08-31 | 32.32% |
| 2007-05-31 | 26.40% |
| 2007-02-28 | 27.17% |
| 2006-11-30 | 27.63% |
| 2006-08-31 | 27.78% |
| 2006-05-31 | 28.09% |
| 2006-02-28 | 28.07% |
| 2005-11-30 | 27.74% |
| 2005-08-31 | 27.17% |
| 2005-05-31 | 26.62% |
| 2005-02-28 | 24.69% |
| 2004-11-30 | 24.54% |
| 2004-08-31 | 24.72% |
| 2004-05-31 | 25.25% |
| 2004-02-29 | 26.17% |
| 2003-11-30 | 26.32% |
| 2003-08-31 | 26.85% |
| 2003-05-31 | 27.24% |
