| __timestamp | Paychex, Inc. | RB Global, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 732500000 | 57884000 |
| Thursday, January 1, 2015 | 808000000 | 56026000 |
| Friday, January 1, 2016 | 857100000 | 66062000 |
| Sunday, January 1, 2017 | 919600000 | 79013000 |
| Monday, January 1, 2018 | 1017800000 | 533397000 |
| Tuesday, January 1, 2019 | 1177800000 | 645816000 |
| Wednesday, January 1, 2020 | 1280800000 | 615589000 |
| Friday, January 1, 2021 | 1271200000 | 594783000 |
| Saturday, January 1, 2022 | 1356300000 | 776701000 |
| Sunday, January 1, 2023 | 1453000000 | 1901200000 |
| Monday, January 1, 2024 | 1479300000 | 0 |
Unlocking the unknown
In the ever-evolving landscape of corporate finance, understanding cost efficiency is paramount. Paychex, Inc. and RB Global, Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Paychex consistently demonstrated a steady increase in cost of revenue, peaking at approximately $1.45 billion in 2023, a 98% rise from 2014. Meanwhile, RB Global's cost of revenue surged dramatically, especially in 2023, reaching nearly $1.9 billion, a staggering 3,185% increase from 2014. This sharp rise highlights RB Global's aggressive expansion or operational shifts. However, data for 2024 is incomplete, leaving room for speculation on future trends. As businesses navigate the complexities of cost management, these insights underscore the importance of strategic planning and adaptability in maintaining financial health.
