Paychex, Inc.PAYXNASDAQ
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Income Tax Expense Over TimeStrong
Percentile Rank93
3Y CAGR+6.3%
5Y CAGR+8.9%
Year-over-Year Change

Income taxes paid or accrued

3Y CAGR
+6.3%/yr
vs +4.5%/yr prior
5Y CAGR
+8.9%/yr
Consistent
Acceleration
+1.8pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.5x
Solid growth
Streak
1 yr
Consecutive declineStrong
PeriodValueYoY Change
2025$518.60M-1.7%
2024$527.60M+7.5%
2023$490.90M+13.7%
2022$431.80M+28.2%
2021$336.70M-0.7%
2020$339.00M+1.6%
2019$333.60M-7.9%
2018$362.40M-15.2%
2017$427.50M+8.4%
2016$394.30M-