Paychex Cost of Goods Sold 2010-2025 | PAYX
Paychex annual/quarterly cost of goods sold history and growth rate from 2010 to 2025. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Paychex cost of goods sold for the quarter ending February 28, 2025 was $0.387B, a 2% increase year-over-year.
- Paychex cost of goods sold for the twelve months ending February 28, 2025 was $1.522B, a 3.24% increase year-over-year.
- Paychex annual cost of goods sold for 2024 was $1.479B, a 1.81% increase from 2023.
- Paychex annual cost of goods sold for 2023 was $1.453B, a 7.13% increase from 2022.
- Paychex annual cost of goods sold for 2022 was $1.356B, a 6.69% increase from 2021.
| Paychex Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2024 | $1,479 |
| 2023 | $1,453 |
| 2022 | $1,356 |
| 2021 | $1,271 |
| 2020 | $1,281 |
| 2019 | $1,178 |
| 2018 | $1,018 |
| 2017 | $919 |
| 2016 | $857 |
| 2015 | $808 |
| 2014 | $733 |
| 2013 | $671 |
| 2012 | $670 |
| 2011 | $652 |
| 2010 | $654 |
| 2009 | $681 |
| Paychex Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2025-02-28 | $387 |
| 2024-11-30 | $379 |
| 2024-08-31 | $380 |
| 2024-05-31 | $375 |
| 2024-02-29 | $380 |
| 2023-11-30 | $364 |
| 2023-08-31 | $360 |
| 2023-05-31 | $370 |
| 2023-02-28 | $373 |
| 2022-11-30 | $359 |
| 2022-08-31 | $351 |
| 2022-05-31 | $360 |
| 2022-02-28 | $352 |
| 2021-11-30 | $332 |
| 2021-08-31 | $313 |
| 2021-05-31 | $316 |
| 2021-02-28 | $328 |
| 2020-11-30 | $320 |
| 2020-08-31 | $307 |
| 2020-05-31 | $292 |
| 2020-02-29 | $340 |
| 2019-11-30 | $323 |
| 2019-08-31 | $325 |
| 2019-05-31 | $322 |
| 2019-02-28 | $325 |
| 2018-11-30 | $265 |
| 2018-08-31 | $266 |
| 2018-05-31 | $265 |
| 2018-02-28 | $272 |
| 2017-11-30 | $249 |
| 2017-08-31 | $232 |
| 2017-05-31 | $231 |
| 2017-02-28 | $237 |
| 2016-11-30 | $226 |
| 2016-08-31 | $225 |
| 2016-05-31 | $220 |
| 2016-02-29 | $226 |
| 2015-11-30 | $205 |
| 2015-08-31 | $206 |
| 2015-05-31 | $204 |
| 2015-02-28 | $211 |
| 2014-11-30 | $199 |
| 2014-08-31 | $194 |
| 2014-05-31 | $198 |
| 2014-02-28 | $191 |
| 2013-11-30 | $174 |
| 2013-08-31 | $170 |
| 2013-05-31 | $173 |
| 2013-02-28 | $171 |
| 2012-11-30 | $164 |
| 2012-08-31 | $164 |
| 2012-05-31 | $169 |
| 2012-02-29 | $174 |
| 2011-11-30 | $163 |
| 2011-08-31 | $164 |
| 2011-05-31 | $166 |
| 2011-02-28 | $167 |
| 2010-11-30 | $159 |
| 2010-08-31 | $160 |
| 2010-05-31 | $163 |
| 2010-02-28 | $165 |
| 2009-11-30 | $163 |
| 2009-08-31 | $163 |
| 2009-05-31 | $167 |
| 2009-02-28 | $175 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $55.286B | $5.278B |
| Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company offers an ever-growing variety of payroll and human resource products and services that help clients do what they do best - run their business. With a wide range of services - including payroll processing, retirement services, insurance, and a fully outsourced human resource solution - Paychex customizes its offering to the client's business, whether it is small or large, simple or complex. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Meta Platforms (META) | United States | $1743.334B | 27.04 |
| Palantir Technologies (PLTR) | United States | $319.037B | 1126.58 |
| Spotify Technology (SPOT) | Luxembourg | $143.872B | 116.55 |
| ADP (ADP) | United States | $125.735B | 31.51 |
| Arista Networks (ANET) | United States | $120.280B | 42.42 |
| Sea (SE) | Singapore | $91.094B | 108.89 |
| CoreWeave (CRWV) | United States | $71.502B | 0.00 |
| Snowflake (SNOW) | United States | $70.539B | 0.00 |
| Workday (WDAY) | United States | $66.934B | 96.79 |
| Autodesk (ADSK) | United States | $63.894B | 49.35 |
| Adyen (ADYEY) | Netherlands | $61.918B | 0.00 |
| Cloudflare (NET) | United States | $59.205B | 0.00 |
| Atlassian (TEAM) | United States | $52.323B | 0.00 |
| Datadog (DDOG) | United States | $42.368B | 250.37 |
| Block (XYZ) | United States | $39.269B | 33.60 |
| HubSpot (HUBS) | United States | $30.051B | 0.00 |
| Topicus (TOITF) | Canada | $26.464B | 96.89 |
| Zoom Communications (ZM) | United States | $23.420B | 25.22 |
| Samsara (IOT) | United States | $23.166B | 0.00 |
| Pinterest (PINS) | United States | $23.074B | 75.60 |
| Reddit (RDDT) | United States | $21.441B | 196.95 |
| Toast (TOST) | United States | $21.185B | 177.25 |
| Guidewire Software (GWRE) | United States | $21.103B | 243.34 |
| Affirm Holdings (AFRM) | United States | $19.695B | 0.00 |
| Grab Holdings (GRAB) | Singapore | $18.645B | 231.50 |
| Twilio (TWLO) | United States | $17.680B | 104.32 |
| MongoDB (MDB) | United States | $17.214B | 0.00 |
| Rubrik (RBRK) | United States | $17.171B | 0.00 |
| F5 (FFIV) | United States | $16.750B | 25.63 |
| Astera Labs (ALAB) | United States | $15.558B | 943.40 |
| Docusign (DOCU) | United States | $15.359B | 56.30 |
| Monday (MNDY) | Israel | $15.179B | 199.31 |
| Paycom Software (PAYC) | United States | $14.512B | 35.73 |
| Bentley Systems (BSY) | United States | $14.353B | 52.32 |
| Snap (SNAP) | United States | $13.871B | 0.00 |
| SailPoint (SAIL) | United States | $12.968B | 0.00 |
| Nice (NICE) | Israel | $10.844B | 19.22 |
| Unity Software (U) | United States | $10.384B | 0.00 |
| Paylocity Holding (PCTY) | United States | $10.051B | 39.82 |
| Klaviyo (KVYO) | United States | $9.982B | 3361.00 |
| Procore Technologies (PCOR) | United States | $9.744B | 0.00 |
| Dayforce (DAY) | United States | $9.527B | 53.69 |
| ServiceTitan (TTAN) | United States | $9.272B | 0.00 |
| Elastic (ESTC) | United States | $8.786B | 0.00 |
| Confluent (CFLT) | United States | $8.309B | 0.00 |
| AppFolio (APPF) | United States | $8.179B | 73.00 |
| Match Group (MTCH) | United States | $7.678B | 14.74 |
| Informatica (INFA) | United States | $7.299B | 54.82 |
| GitLab (GTLB) | United States | $7.168B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $7.092B | 31.41 |
| Waystar Holding (WAY) | United States | $6.846B | 82.44 |
| UiPath (PATH) | United States | $6.774B | 0.00 |
| OneStream (OS) | United States | $6.717B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $6.465B | 134.24 |
| Kingdee Software Group (KGDEY) | China | $6.159B | 0.00 |
| CCC Intelligent Solutions Holdings (CCCS) | United States | $5.885B | 63.79 |
| Vertex (VERX) | United States | $5.828B | 102.14 |
| TEMENOS GROUP (TMSNY) | Switzerland | $5.784B | 0.00 |
| Q2 Holdings (QTWO) | United States | $5.512B | 285.39 |
| Box (BOX) | United States | $5.153B | 162.91 |
| JFrog (FROG) | United States | $4.814B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $4.640B | 0.00 |
| Freshworks (FRSH) | United States | $4.620B | 0.00 |
| BILL Holdings (BILL) | United States | $4.530B | 146.57 |
| Grindr (GRND) | United States | $4.529B | 77.07 |
| Intapp (INTA) | United States | $4.519B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $4.397B | 0.00 |
| ODDITY Tech (ODD) | Israel | $4.131B | 43.78 |
| StoneCo (STNE) | Cayman Islands | $3.987B | 10.10 |
| Cellebrite DI (CLBT) | Israel | $3.889B | 46.40 |
| Tenable Holdings (TENB) | United States | $3.887B | 0.00 |
| VERRA MOBILITY CORP (VRRM) | United States | $3.887B | 21.39 |
| AvePoint (AVPT) | United States | $3.853B | 0.00 |
| Rumble (RUM) | United States | $3.822B | 0.00 |
| Workiva (WK) | United States | $3.723B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $3.665B | 0.00 |
| ZoomInfo Technologies (ZI) | United States | $3.529B | 18.09 |
| Rigetti Computing (RGTI) | United States | $3.513B | 0.00 |
| BlackLine (BL) | United States | $3.476B | 52.12 |
| CLEAR Secure (YOU) | United States | $3.378B | 15.02 |
| Compass (COMP) | United States | $3.341B | 0.00 |
| ZoomInfo Technologies (GTM) | United States | $3.286B | 17.53 |
| Asana (ASAN) | United States | $3.255B | 0.00 |
| NCino (NCNO) | United States | $3.185B | 0.00 |
| Calix (CALX) | United States | $3.124B | 0.00 |
| Global Business Travel (GBTG) | United States | $3.052B | 0.00 |
| Braze (BRZE) | United States | $3.008B | 0.00 |
| Alkami Technology (ALKT) | United States | $2.930B | 0.00 |
| Alight (ALIT) | United States | $2.869B | 11.34 |
| DigitalOcean Holdings (DOCN) | United States | $2.567B | 21.05 |
| BlackBerry (BB) | Canada | $2.491B | 0.00 |
| Magnite (MGNI) | United States | $2.486B | 53.39 |
| Quantum Computing (QUBT) | United States | $2.467B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $2.424B | 53.29 |
| Appian (APPN) | United States | $2.271B | 0.00 |
| Five9 (FIVN) | United States | $2.117B | 61.67 |
| NCR Atleos (NATL) | United States | $2.034B | 9.30 |
| AvidXchange Holdings (AVDX) | United States | $2.019B | 978.00 |
| Diebold Nixdorf (DBD) | United States | $1.904B | 18.72 |
| EverCommerce (EVCM) | United States | $1.793B | 0.00 |
| Lightspeed Commerce (LSPD) | Canada | $1.759B | 104.54 |
| Arlo Technologies (ARLO) | United States | $1.739B | 0.00 |
| VNET - (VNET) | China | $1.554B | 0.00 |
| Rapid7 (RPD) | United States | $1.524B | 30.04 |
| SoftwareOne Holding AG (SWONF) | Switzerland | $1.476B | 0.00 |
| Karooooo (KARO) | Singapore | $1.474B | 28.75 |
| Tuya (TUYA) | China | $1.473B | 68.25 |
| Olo (OLO) | United States | $1.444B | 217.50 |
| SEMrush Holdings (SEMR) | United States | $1.399B | 188.80 |
| Porch (PRCH) | United States | $1.369B | 0.00 |
| PagerDuty (PD) | United States | $1.365B | 0.00 |
| Ziff Davis (ZD) | United States | $1.362B | 5.59 |
| Flywire (FLYW) | United States | $1.312B | 107.90 |
| VTEX (VTEX) | Cayman Islands | $1.216B | 73.89 |
| Fastly (FSLY) | United States | $1.129B | 0.00 |
| WEBTOON Entertainment (WBTN) | United States | $1.126B | 48.06 |
| E2open Parent Holdings (ETWO) | United States | $1.111B | 16.15 |
| Yalla Group (YALA) | $1.064B | 8.74 | |
| Udemy (UDMY) | United States | $1.063B | 0.00 |
| Penguin Solutions (PENG) | Cayman Islands | $1.058B | 17.74 |
| Radware (RDWR) | Israel | $1.042B | 59.54 |
| Couchbase (BASE) | United States | $1.042B | 0.00 |
| Telus Digital (TIXT) | Canada | $1.012B | 15.96 |
| Jiayin Group (JFIN) | China | $1.009B | 5.50 |
| Hello Group (MOMO) | China | $1.005B | 6.42 |
| Evolent Health (EVH) | United States | $0.992B | 84.50 |
| Blend Labs (BLND) | United States | $0.911B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.808B | 59.32 |
| Docebo (DCBO) | Canada | $0.794B | 31.46 |
| CI&T (CINT) | Brazil | $0.793B | 29.45 |
| Riskified (RSKD) | United States | $0.790B | 0.00 |
| Getty Images Holdings (GETY) | United States | $0.777B | 0.00 |
| NPK (NPKI) | United States | $0.726B | 26.84 |
| Weave Communications (WEAV) | United States | $0.683B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.679B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.621B | 14.91 |
| Nextdoor Holdings (KIND) | United States | $0.593B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.575B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.572B | 0.00 |
| Domo (DOMO) | United States | $0.551B | 0.00 |
| PubMatic (PUBM) | United States | $0.543B | 139.88 |
| Definitive Healthcare (DH) | United States | $0.540B | 30.25 |
| Digital Turbine (APPS) | United States | $0.523B | 83.00 |
| Bumble (BMBL) | United States | $0.508B | 8.63 |
| DeFi Development (DFDV) | United States | $0.465B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.440B | 4.79 |
| Opendoor Technologies (OPEN) | United States | $0.438B | 0.00 |
| BigCommerce Holdings (BIGC) | United States | $0.399B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.381B | 61.32 |
| Vivid Seats (SEAT) | United States | $0.371B | 0.00 |
| Arteris (AIP) | United States | $0.356B | 0.00 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.341B | 0.00 |
| Kaltura (KLTR) | United States | $0.318B | 0.00 |
| Rimini Street (RMNI) | United States | $0.311B | 8.48 |
| Backblaze (BLZE) | United States | $0.289B | 0.00 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.278B | 0.00 |
| CS Disco (LAW) | United States | $0.260B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.243B | 36.20 |
| ON24 (ONTF) | United States | $0.234B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.192B | 0.00 |
| EGain (EGAN) | United States | $0.167B | 67.89 |
| Rekor Systems (REKR) | United States | $0.162B | 0.00 |
| Chegg (CHGG) | United States | $0.157B | 0.00 |
| Perfect (PERF) | Taiwan | $0.155B | 20.22 |
| Audioeye (AEYE) | United States | $0.150B | 48.28 |
| Cheetah Mobile (CMCM) | China | $0.122B | 0.00 |
| Cirata (WANSF) | Jersey | $0.121B | 0.00 |
| FatPipe (FATN) | United States | $0.113B | 0.00 |
| Inseego (INSG) | United States | $0.110B | 0.00 |
| ZSpace (ZSPC) | United States | $0.096B | 0.00 |
| GAN (GAN) | United States | $0.092B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.080B | 49.71 |
| Veea (VEEA) | United States | $0.074B | 0.00 |
| Phunware (PHUN) | United States | $0.066B | 0.00 |
| Aurora Mobile (JG) | China | $0.065B | 0.00 |
| RedCloud Holdings (RCT) | $0.065B | 0.00 | |
| AuthID (AUID) | United States | $0.064B | 0.00 |
| SurgePays (SURG) | United States | $0.055B | 0.00 |
| Datavault AI (DVLT) | United States | $0.055B | 0.00 |
| Upland Software (UPLD) | United States | $0.051B | 2.42 |
| YXT.COM - (YXT) | China | $0.050B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.048B | 0.00 |
| KOREs (KORE) | United States | $0.042B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.038B | 0.00 |
| Creative Realities (CREX) | United States | $0.037B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.035B | 0.00 |
| NetClass Technology Inc (NTCL) | China | $0.034B | 0.00 |
| CISO Global (CISO) | United States | $0.033B | 0.00 |
| Cloudastructure (CSAI) | United States | $0.032B | 0.00 |
| SAGTEC GLOBAL LIMITED (SAGT) | $0.032B | 0.00 | |
| MIND C.T.I (MNDO) | Israel | $0.029B | 8.29 |
| SCHMID Group (SHMD) | Cayman Islands | $0.028B | 0.00 |
| Marwynn Holdings (MWYN) | United States | $0.025B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.024B | 0.00 |
| AEye (LIDR) | United States | $0.017B | 0.00 |
| Baiya Group (BIYA) | $0.015B | 0.00 | |
| MF (MFI) | Hong Kong, SAR China | $0.015B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.014B | 0.00 |
| Amesite (AMST) | United States | $0.013B | 0.00 |
| ARB IOT Group (ARBB) | $0.013B | 0.00 | |
| EPWK Holdings (EPWK) | China | $0.013B | 0.00 |
| Lifeward (LFWD) | United States | $0.013B | 0.00 |
| DatChat (DATS) | United States | $0.011B | 0.00 |
| OneMedNet (ONMD) | United States | $0.011B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.011B | 0.00 |
| Verb Technology (VERB) | United States | $0.011B | 0.00 |
| Versus Systems (VS) | United States | $0.011B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.006B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.006B | 0.00 |
| Oblong (OBLG) | United States | $0.005B | 0.00 |
| Locafy (LCFY) | Australia | $0.004B | 0.00 |
| My Size (MYSZ) | Israel | $0.004B | 0.00 |
| Femto Technologies (FMTO) | Israel | $0.002B | 0.00 |
| SCWorx (WORX) | United States | $0.002B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Materialise (MTLS) | Belgium | $0.000B | 32.76 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |