Paychex, Inc.PAYXNASDAQ
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Cost of Revenue Over TimeStrong
Percentile Rank100
3Y CAGR+4.3%
5Y CAGR+3.8%
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+4.3%/yr
vs +7.4%/yr prior
5Y CAGR
+3.8%/yr
Consistent
Acceleration
-3.1pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.2x
Modest growth
Streak
4 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$1.54B+4.1%
2024$1.48B+1.8%
2023$1.45B+7.1%
2022$1.36B+6.7%
2021$1.27B-0.7%
2020$1.28B+8.7%
2019$1.18B+15.7%
2018$1.02B+10.7%
2017$919.60M+7.3%
2016$857.10M-