Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
95.93
-2.31 (-2.35%)
Jun 22, 2026, 4:00 PM EDT - Market closed
Paychex Income Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
| 6,334 | 5,572 | 5,278 | 5,007 | 4,612 | 4,057 | |
Revenue Growth (YoY) | 16.44% | 5.56% | 5.42% | 8.57% | 13.68% | 0.40% |
Cost of Revenue | 1,651 | 1,540 | 1,479 | 1,453 | 1,356 | 1,271 |
Gross Profit | 4,683 | 4,031 | 3,799 | 3,554 | 3,255 | 2,786 |
Selling, General & Admin | 2,346 | 1,824 | 1,625 | 1,521 | 1,415 | 1,325 |
Total Operating Expenses | 2,346 | 1,824 | 1,625 | 1,521 | 1,415 | 1,325 |
Operating Income | 2,337 | 2,208 | 2,174 | 2,033 | 1,840 | 1,461 |
Interest Expense | -268.5 | -105.4 | -37.3 | -36.7 | - | - |
Other Non-Operating Income (Expense) | 119.3 | 73.6 | 81.2 | 51.8 | -15.4 | -26.5 |
Total Non-Operating Income (Expense) | -149.2 | -31.8 | 43.9 | 15.1 | -15.4 | -26.5 |
Pretax Income | 2,146 | 2,176 | 2,218 | 2,048 | 1,825 | 1,434 |
Provision for Income Taxes | 509.3 | 518.6 | 527.6 | 490.9 | 431.8 | 336.7 |
Net Income | 1,637 | 1,657 | 1,690 | 1,557 | 1,393 | 1,098 |
Net Income to Common | 1,637 | 1,657 | 1,690 | 1,557 | 1,393 | 1,098 |
Net Income Growth | -5.94% | -1.96% | 8.55% | 11.81% | 26.91% | -0.06% |
Shares Outstanding (Basic) | 360 | 360 | 360 | 360 | 361 | 360 |
Shares Outstanding (Diluted) | 361 | 362 | 362 | 362 | 363 | 362 |
Shares Change (YoY) | -0.23% | -0.03% | -0.06% | -0.22% | 0.28% | 0.30% |
EPS (Basic) | 4.55 | 4.60 | 4.69 | 4.32 | 3.86 | 3.05 |
EPS (Diluted) | 4.54 | 4.58 | 4.67 | 4.30 | 3.84 | 3.03 |
EPS Growth | -5.42% | -1.93% | 8.61% | 11.98% | 26.73% | -0.33% |
Free Cash Flow | 2,090 | 1,709 | 1,736 | 1,563 | 1,456 | 1,142 |
Free Cash Flow Growth | 22.29% | -1.57% | 11.07% | 7.37% | 27.50% | -13.09% |
Free Cash Flow Per Share | 5.79 | 4.72 | 4.80 | 4.31 | 4.01 | 3.15 |
Dividends Per Share | 4.320 | 4.020 | 3.650 | 3.260 | 2.770 | 2.520 |
Dividend Growth | 7.46% | 10.14% | 11.96% | 17.69% | 9.92% | 1.61% |
Gross Margin | 73.93% | 72.35% | 71.97% | 70.98% | 70.59% | 68.66% |
Operating Margin | 36.90% | 39.62% | 41.19% | 40.60% | 39.90% | 36.01% |
Profit Margin | 25.84% | 29.74% | 32.03% | 31.10% | 30.20% | 27.05% |
FCF Margin | 33.00% | 30.67% | 32.90% | 31.22% | 31.57% | 28.15% |
EBITDA | 3,009 | 2,677 | 2,575 | 2,447 | 2,263 | 1,880 |
EBITDA Margin | 47.51% | 48.05% | 48.79% | 48.87% | 49.07% | 46.34% |
EBIT | 2,337 | 2,208 | 2,174 | 2,033 | 1,840 | 1,461 |
EBIT Margin | 36.90% | 39.62% | 41.19% | 40.60% | 39.90% | 36.01% |
Effective Tax Rate | 23.73% | 23.83% | 23.79% | 23.97% | 23.67% | 23.48% |