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Pretax income is the income that a company earns before paying income taxes. Paychex's pretax income for the
three
months ended in May. 2026 was €476 Mil.
Its pretax income for the trailing twelve months (TTM) ended in May. 2026 was €1,977 Mil.
Paychex's pretax margin was 34.52%.
During the past 13 years, Paychex's highest Pretax Margin was 42.02%. The lowest was 35.35%. And the median was 38.77%.
During the past 13 years, Paychex's highest Pretax Margin was 42.02%. The lowest was 35.35%. And the median was 38.77%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Paychex Pre-Tax Income Related Terms
Paychex Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for Paychex's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:PCX vs TEAM, ROP, WDAY: Pre-Tax Income Comparison
For the Software - Application subindustry, Paychex's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Paychex Pre-Tax Income vs Software Industry
For the Software industry and Technology sector, Paychex's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Paychex's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,977 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Paychex (FRA:PCX) has a Pre-Tax Income of €1,977 Mil as of May. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Paychex and its competitors.
Is Paychex's Pre-Tax Income too high?
Paychex's current Pre-Tax Income is €1,977 Mil. Overall, Paychex has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paychex's Pre-Tax Income compare to TEAM and ROP?
Paychex's Pre-Tax Income of €1,977 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Software company?
A good Pre-Tax Income depends on the Software industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Paychex and its competitors. Paychex's current Pre-Tax Income is €1,977 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paychex stock overvalued right now?
Based on GuruFocus' analysis, Paychex (FRA:PCX) is currently considered Modestly Undervalued. The stock's GF Value™ is €133.13, compared to a current price of €101.38 — trading 23.8% below its estimated fair value. The current Pre-Tax Income is €1,977 Mil. Paychex's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Paychex (FRA:PCX), the current Pre-Tax Income is €1,977 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Paychex (FRA:PCX) Overvalued in 2026?
Based on GuruFocus' analysis, Paychex stock appears to be undervalued.
The current stock price of €101.38 is trading 23.8% below its estimated GF Value™ of €133.13.
GuruFocus considers Paychex to be Modestly Undervalued.
Key valuation signals for FRA:PCX:
Pre-Tax Income: €1,977 Mil
GF Value™: €133.13 vs. price of €101.38 (23.8% below fair value)
No single metric tells the full story. See the FRA:PCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including professional employer organization, or PEO, offerings, enabling clients to reduce HR overhead. Paychex primarily targets small and midsize businesses, although its acquisition of Paycor in 2025 signals the firm's aspirations to expand into the midmarket segment, serving firms with more than 100 employees. As of fiscal 2025, Paychex has approximately 800,000 clients and manages payroll for one in 11 workers in the United States.
91GF Score
Get the complete analysis for FRA:PCX
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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