• Paychex average return on equity for 2023 was 46.76, a 3.91% decline from 2022.
• Paychex average return on equity for 2022 was 45, a 13.67% increase from 2021.
• Paychex average return on equity for 2021 was 39.59, a 1.02% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.