Paychex Net Income Per Employee
- Paychex's annual net income per employee was $87.23 K in fiscal year 2025. The net income per employee decreased $15.22 K from $102.45 K (in 2024) to $87.23 K (in 2025), representing a -14.86% year-over-year decline.
- The Highest net income per employee for Paychex was $102.45 K in fiscal year 2024.
- The Lowest net income per employee was $56.06 K in fiscal year 2016.
- The Average net income per employee was $76.05 K.
- Net Income per Employee is the amount of profit that a business earns from one employee. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2016-2025):
Learn more about Paychex's Revenue by Segment and Revenue by Region.
Check out competitors to Paychex in a side-by-side comparison.
Explore additional financial metrics for Paychex.
Definition of Net Income per Employee :
Paychex's Net Income Per Employee Trend
| 2015 | 51915.384615385 |
|---|---|
| 2016 | 56059.259259259 |
| 2017 | 59656.934306569 |
| 2018 | 65293.706293706 |
| 2019 | 66307.692307692 |
| 2020 | 69500 |
| 2021 | 73166.666666667 |
| 2022 | 87050 |
| 2023 | 93813.253012048 |
| 2024 | 102448.48484848 |
| 2025 | 87226.315789474 |
2025
Paychex's net income per employee was $87.23 K in fiscal year 2025.
2024
Paychex's net income per employee was $102.45 K in fiscal year 2024.
2023
Paychex's net income per employee was $93.81 K in fiscal year 2023.
2022
Paychex's net income per employee was $87.05 K in fiscal year 2022.
2021
Paychex's net income per employee was $73.17 K in fiscal year 2021.
2020
Paychex's net income per employee was $69.50 K in fiscal year 2020.
2019
Paychex's net income per employee was $66.31 K in fiscal year 2019.
2018
Paychex's net income per employee was $65.29 K in fiscal year 2018.
2017
Paychex's net income per employee was $59.66 K in fiscal year 2017.
2016
Paychex's net income per employee was $56.06 K in fiscal year 2016.
Paychex's Net Income Per Employee (Year-over-Year Change)
| 2016 | 7.98 |
|---|---|
| 2017 | 6.42 |
| 2018 | 9.45 |
| 2019 | 1.55 |
| 2020 | 4.81 |
| 2021 | 5.28 |
| 2022 | 18.97 |
| 2023 | 7.77 |
| 2024 | 9.2 |
| 2025 | -14.86 |
2025
Paychex's net income per employee
decreased
-14.86% during fiscal year 2025 compared to
2024.
It represents a decline of
-$15.22 K from
$102.45 K (in
2024) to
$87.23 K (in
2025).
2024
Paychex's net income per employee
increased
9.2% during fiscal year 2024 compared to
2023.
It represents an increase of
$8.64 K from
$93.81 K (in
2023) to
$102.45 K (in
2024).
2023
Paychex's net income per employee
increased
7.77% during fiscal year 2023 compared to
2022.
It represents an increase of
$6.76 K from
$87.05 K (in
2022) to
$93.81 K (in
2023).
2022
Paychex's net income per employee
increased
18.97% during fiscal year 2022 compared to
2021.
It represents an increase of
$13.88 K from
$73.17 K (in
2021) to
$87.05 K (in
2022).
2021
Paychex's net income per employee
increased
5.28% during fiscal year 2021 compared to
2020.
It represents an increase of
$3.67 K from
$69.50 K (in
2020) to
$73.17 K (in
2021).
2020
Paychex's net income per employee
increased
4.81% during fiscal year 2020 compared to
2019.
It represents an increase of
$3.19 K from
$66.31 K (in
2019) to
$69.50 K (in
2020).
2019
Paychex's net income per employee
increased
1.55% during fiscal year 2019 compared to
2018.
It represents an increase of
$1.01 K from
$65.29 K (in
2018) to
$66.31 K (in
2019).
2018
Paychex's net income per employee
increased
9.45% during fiscal year 2018 compared to
2017.
It represents an increase of
$5.64 K from
$59.66 K (in
2017) to
$65.29 K (in
2018).
2017
Paychex's net income per employee
increased
6.42% during fiscal year 2017 compared to
2016.
It represents an increase of
$3.60 K from
$56.06 K (in
2016) to
$59.66 K (in
2017).
2016
Paychex's net income per employee
increased
7.98% during fiscal year 2016 compared to
-.
It represents an increase of
$4.14 K from
$51.92 K (in
2015) to
$56.06 K (in
2016).
Summary Table
| Period | Net Income per Employee | Year-over-Year Change |
|---|---|---|
| 2025 | $87.23 K | -14.86% |
| 2024 | $102.45 K | +9.2% |
| 2023 | $93.81 K | +7.77% |
| 2022 | $87.05 K | +18.97% |
| 2021 | $73.17 K | +5.28% |
| 2020 | $69.50 K | +4.81% |
| 2019 | $66.31 K | +1.55% |
| 2018 | $65.29 K | +9.45% |
| 2017 | $59.66 K | +6.42% |
| 2016 | $56.06 K | +7.98% |
