Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
116.84
+0.51 (0.44%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Paychex Financials Overview

Millions USD. Fiscal year is Jun - May.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 May '26 May '25 May '24 May '23 May '22
Revenue
6,5126,5125,5725,2785,0074,612
Revenue Growth
16.88%16.88%5.56%5.42%8.57%13.68%
Gross Profit
4,8384,8384,0313,7993,5543,255
Operating Income
2,5112,5112,2082,1742,0331,840
Net Income
1,7601,7601,6571,6901,5571,393
Earnings Per Share
4.894.894.584.674.303.84
EPS Growth
6.77%6.77%-1.93%8.61%11.98%26.73%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 May '26 May '25 May '24 May '23 May '22
Management Solutions
4,8684,8684,0673,8663,7313,443
PEO & Insurance Solutions
1,4331,4331,3431,2661,1771,111
Interest on Client Funds
210.9210.9161.7146.399.857.7
Revenue (Total)
6,5126,5125,5725,2785,0074,612

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 May '26 May '25 May '24 May '23 May '22
Cash & Investments
1,1251,1251,6631,5031,5951,224
Total Debt
4,6084,6085,022866.3865.7881.2
Net Cash (Debt)
-3,484-3,484-3,359636.5729.7342.7
Net Cash Growth
----12.77%112.93%154.23%
Net Cash Per Share
-9.68-9.68-9.281.762.010.94

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 May '26 May '25 May '24 May '23 May '22
Operating Cash Flow
2,5572,5571,9011,8981,7061,590
Capital Expenditures
-234.9-234.9-191.8-161.4-143-133.8
Free Cash Flow
2,3222,3221,7091,7361,5631,456
Free Cash Flow Growth
35.85%35.85%-1.57%11.07%7.37%27.50%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 May '26 May '25 May '24 May '23 May '22
Gross Margin
74.29%74.29%72.35%71.97%70.98%70.59%
Operating Margin
38.55%38.55%39.62%41.19%40.60%39.90%
Pretax Margin
35.49%35.49%39.05%42.02%40.91%39.56%
Profit Margin
27.03%27.03%29.74%32.03%31.10%30.20%
FCF Margin
35.65%35.65%30.67%32.90%31.22%31.57%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 May '26 May '25 May '24 May '23 May '22
Dividend Per Share
4.7604.4304.0203.6503.2602.770
Dividend Per Share Growth
10.19%10.20%10.14%11.96%17.69%9.92%
Dividend Yield
4.07%4.57%2.55%3.04%3.11%2.24%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 May '26 May '25 May '24 May '23 May '22
PE Ratio
23.8919.8334.4825.7324.4032.25
Forward PE
19.5316.8330.0024.5523.2531.21
P/FCF Ratio
17.9014.8533.3124.9224.2530.59
PS Ratio
6.385.3010.228.207.579.66