Paychex Cost of Goods Sold 2010-2024 | PAYX

Paychex annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. 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 August 31, 2024 was $0.380B, a 5.5% increase year-over-year.
  • Paychex cost of goods sold for the twelve months ending August 31, 2024 was $1.499B, a 2.52% 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 $)
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
Business Services Outsourcing Services $51.858B $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.
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