Paychex, Inc.

Paychex, Inc.

PAYX
Paychex, Inc.US flagNASDAQ Global Select
116.14
USD
-0.37
- -
41.31BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6.91
7.55
8.18
8.76
9.41
10.5
11.27
11.27
12.79
13.89
14.65
15.47
18.14
18.14
Basic EPS, GAAP
1.72
1.86
2.1
2.3
2.77
2.88
3.06
3.05
3.86
4.32
4.69
4.6
4.9
4.9
Free Cash Flow per Basic Share
2.19
2.18
2.55
2.41
3.13
3.2
3.66
3.17
4.04
4.34
4.82
4.74
6.47
6.47
Dividend per Share
1.4
1.52
1.68
1.84
2.06
2.3
2.48
2.52
2.77
3.26
3.65
4.02
4.43
4.43
Book Value per Share
4.9
4.94
5.3
5.44
6.56
7.29
7.75
8.19
8.57
9.69
10.56
11.45
10.5
10.5
Tangible Book Value per Share
3.3
3.3
3.29
3.45
3.9
1.22
1.84
2.37
2.86
4.08
4.79
-6.47
-6.96
-6.96
Basic Weighted Avg Shares
364
363
361
360
359
359
358
360
361
360
360
360
359
359
Sales/Revenue/Turnover
2,519
2,740
2,952
3,153
3,378
3,772
4,040
4,057
4,612
5,007
5,278
5,572
6,512
6,512
Operating Margin (%)
39.01
38.46
38.84
39.77
38.24
36.35
36.15
36.01
39.9
40.6
41.19
39.62
38.55
38.55
Depreciation Expense
105
107
115
127
138
182
210
192
192
177
176
210
443
443
Net Income, GAAP
628
675
757
826
994
1,034
1,098
1,098
1,393
1,557
1,690
1,657
1,760
1,760
Effective Tax Rate (%)
36.49
36.33
34.25
34.37
23.54
24.39
23.59
23.48
23.67
23.97
23.79
23.83
23.83
23.83
Profit Margin (%)
24.91
24.63
25.64
26.21
29.43
27.42
27.18
27.05
30.2
31.1
32.03
29.74
27.03
27.03
Working Capital
564
515
498
547
597
833
1,038
1,231
1,312
1,723
1,942
1,960
1,773
1,773
LT Debt
- -
- -
- -
- -
- -
809
894
890
872
856
848
4,604
4,608
4,608
Total Equity
1,777
1,786
1,912
1,955
2,357
2,620
2,781
2,948
3,085
3,493
3,801
4,128
3,735
3,735
Return on Invested Capital (%)
35.03
37.62
40.84
42.67
45.94
35.93
31.26
29.62
36.12
37.31
36.88
24.42
21.83
21.83
Return on Capital (%)
35.38
37.91
40.98
42.82
46.25
36.22
31.73
29.9
36.38
38.08
38.09
25.15
22.47
22.47
Return on Common Equity (%)
35.35
37.89
40.94
42.74
46.11
41.57
40.66
38.31
46.17
47.35
46.35
41.8
44.77
44.77

Capital Structure

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
ST Debt
418
400
- -
LT Borrowings
4,552
4,554
4,556
LT Finance Leases
67
59
52
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
358
356
Market Capitalization
40,093
33,554
34,486

Working Capital

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
Total Current Assets
8,909
9,928
8,613
Cash, Cash Equivalents & STI
1,523
1,781
1,124
Accounts Receivable, Net
1,356
1,435
1,508
Inventories
- -
- -
- -
Total Current Liabilities
7,041
7,879
6,841
Payables & Accruals
182
195
243
ST Debt
418
400
- -
Deferred Revenue
70
70
69

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.19%
5.15%
-9.52%
Free Cash Flow
10.75%
16.04%
35.85%
Net Income, GAAP
9.12%
10.3%
6.2%
Sales/Revenue/Turnover
8.32%
10.02%
16.88%
Total Cash Common Dividend
10.18%
11.87%
9.74%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,286
1,258
1,439
1,295
5,278
2025
1,318
1,317
1,509
1,427
5,572
2026
1,540
1,558
1,809
1,606
6,512

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.16
1.09
1.39
1.06
4.69
2025
1.19
1.15
1.44
0.82
4.6
2026
1.07
1.1
1.56
1.18
4.9

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.89
0.89
0.89
0.98
3.65
2025
0.98
0.98
0.98
1.08
4.02
2026
1.08
1.08
1.08
1.19
4.43

Company Description

CEO
John Gibson Jr.
Full Time Employees
17,600
Sector
Industrials
Industry
Staffing & Employment Services
Address
911 Panorama Trail South Rochester NY United States of America 14625-2396
IPO Date
Aug 26, 1983
Business
Paychex, Inc. Paychex, Inc. (Nasdaq: PAYX) provides integrated payroll, human resources, benefits outsourcing, and human capital management solutions to small- and medium-sized businesses across the United States and Europe. The company offers comprehensive services including payroll processing, tax administration, employee payment options such as direct deposit and check signing, time and attendance tracking, HR outsourcing with compliance monitoring, 401(k) plan recordkeeping, workers' compensation administration, section 125 cafeteria plans, professional employer organization support, business insurance products through Paychex Insurance Agency, retirement services, financial wellness tools via partnerships like SoFi at Work, and payment processing; its flagship Paychex Flex platform delivers cloud-based, all-in-one functionality for payroll, HR, benefits, and financial management, enhanced by a recent solution powered by BILL for streamlined bill pay and SMB payments. Founded in 1971 by B. Thomas Golisano and headquartered at 911 Panorama Trail South in Rochester, New York, Paychex serves approximately 800,000 clients, pays one in 11 U.S. private-sector workers, and operates over 100 offices with subsidiaries extending reach in Germany and Denmark. In 2025, Paychex completed its $4.1 billion all-cash acquisition of Paycor in April, creating one of the industry's most comprehensive HCM portfolios with expanded AI-driven capabilities, upmarket presence, and revenue synergies exceeding $650 million annually; it also launched a new financial management solution in September and formed a partnership with SoFi in July to bolster employee financial well-being resources within Paychex Flex Perks.

Company News

  • Paychex Gears Up to Report Q1 Earnings: What's in Store?

  • Paychex (PAYX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

  • Paychex: Moderate Growth, Better Price, Still A Buy

  • Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

  • Here Are Wednesday’s Top Wall Street Analyst Research Calls: Airbnb, Booking Holdings, Credicorp, Dutch Bros, Expedia, Hartford Financial Services, Group, Meritage Homes, Patchex, Yum! Brands, and More

  • Paychex's WISE Named a 2026 Top HR Product of the Year by HR Executive

  • Comparing Paychex (NASDAQ:PAYX) & OFA Group (NASDAQ:OFAL)

  • California State Teachers Retirement System Buys 56,189,662 Shares of Paychex, Inc. $PAYX

  • Baird Financial Group Inc. Boosts Stock Position in Paychex, Inc. $PAYX

  • Paychex Schedules First Quarter Fiscal 2027 Earnings Conference Call on September 23, 2026

  • BAM Wealth Management LLC Takes $418,000 Position in Paychex, Inc. $PAYX

  • B. Metzler seel. Sohn & Co. AG Has $2.79 Million Holdings in Paychex, Inc. $PAYX

  • PAYX Stock Rises 30% in 6 Months: Here's What You Should Know

  • Here Are Friday’s Top Wall Street Analyst Research Calls: Ambarella, Cal-Maine Foods, Lennar, Ormat Technologies, Paychex, PulteGroup, Shell plc, TotalEnergies, W.P. Carey, and More

  • Paychex's AI Potential Could Produce A Nice Payday

  • Why Paychex (PAYX) is a Top Growth Stock for the Long-Term

  • Stable Employment Levels Continue for U.S. Small Businesses in August

  • WISE at Work: Early Results Show Paychex AI Is Reducing Payroll Errors and Improving Service Efficiency at Scale

  • Archer Investment Corp Buys Shares of 6,675 Paychex, Inc. $PAYX

  • Paychex Expands Award-Winning Lifestyle Benefits to 2M+ Employees on the Paycor® Platform