Seasonality
PAYX seasonality — Paychex
Over the last 11 years, PAYX's strongest month on average has been July (+5.5%) and its weakest September (-3.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -1.15% | +0.25% | 60% | +8.7% | -13.7% | 10 |
| Feb | -0.86% | +0.92% | 60% | +8.8% | -9.7% | 10 |
| Mar | +0.21% | +0.93% | 60% | +14.6% | -18.8% | 10 |
| Apr | -0.61% | -1.10% | 40% | +8.9% | -7.1% | 10 |
| May | +2.56% | +2.75% | 70% | +8.3% | -4.5% | 10 |
| Jun | -0.21% | +0.03% | 50% | +6.6% | -8.0% | 10 |
| Jul | +5.54% | +3.84% | 80% | +18.8% | -5.1% | 10 |
| Aug | +1.16% | -0.42% | 50% | +9.0% | -3.9% | 10 |
| Sep | -3.46% | -0.61% | 50% | +5.1% | -22.6% | 10 |
| Oct | +2.08% | +3.47% | 70% | +13.8% | -11.1% | 10 |
| Nov | +4.62% | +4.98% | 78% | +13.2% | -4.6% | 9 |
| Dec | -0.31% | -0.60% | 50% | +14.5% | -7.9% | 10 |
Monthly returns heat map — PAYX
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.1 | -9.2 | -1.6 | 0.6 | 4.7 | 1.4 | 18.8 | 9.0 | -22.6 | 13.8 | 4.4 | +4.3% | |
| 2025 | 5.3 | 2.7 | 1.7 | -4.6 | 7.3 | -7.9 | -0.8 | -3.4 | -9.1 | -7.7 | -4.6 | 0.4 | -20.0% |
| 2024 | 2.2 | 0.7 | 0.1 | -3.2 | 1.1 | -1.3 | 8.0 | 2.5 | 2.3 | 3.8 | 5.0 | -4.1 | +17.7% |
| 2023 | 0.3 | -4.7 | 3.8 | -4.1 | -4.5 | 6.6 | 12.2 | -2.6 | -5.7 | -3.7 | 9.8 | -2.3 | +3.1% |
| 2022 | -13.7 | 1.1 | 14.6 | -7.1 | -2.3 | -8.0 | 12.7 | -3.9 | -9.0 | 5.4 | 4.8 | -6.8 | -15.3% |
| 2021 | -6.3 | 4.3 | 7.6 | -0.5 | 3.7 | 6.1 | 6.1 | 0.6 | -1.8 | 9.6 | -3.3 | 14.5 | +46.5% |
| 2020 | 0.8 | -9.7 | -18.8 | 8.9 | 5.5 | 4.8 | -5.1 | 6.3 | 4.3 | 3.1 | 13.2 | 0.0 | +9.6% |
| 2019 | 8.7 | 8.8 | 4.1 | 5.1 | 1.8 | -4.1 | 0.9 | -1.6 | 1.3 | 1.1 | 3.0 | -1.2 | +30.6% |
| 2018 | 0.2 | -4.6 | -5.4 | -1.7 | 8.3 | 4.2 | 1.0 | 6.1 | 0.6 | -11.1 | 8.1 | -7.9 | -4.3% |
| 2017 | -1.0 | 1.9 | -4.1 | 0.7 | -0.1 | -3.9 | 1.6 | -1.4 | 5.1 | 6.4 | 5.5 | 1.1 | +11.8% |
| 2016 | 3.3 |