Paychex Cash Flow 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
Net Income	1,637	1,657	1,690	1,557	1,393	1,098
Depreciation & Amortization	672.2	469.4	401.2	413.9	422.8	419.2
Stock-Based Compensation	136.7	111.8	61.1	62.6	52.8	52.5
Other Adjustments	127.6	-6.7	25.4	-15.2	13	-14.2
Change in Receivables	-111.5	-134.5	114.1	-137.8	-152	-271.1
Changes in Accounts Payable	166.5	42.3	-127	86.3	113.1	169
Changes in Other Operating Activities	-316.2	-238.7	-267.5	-260.9	-252.8	-192.6
Operating Cash Flow	2,320	1,901	1,898	1,706	1,590	1,260
Operating Cash Flow Growth	30.40%	0.17%	11.22%	7.33%	26.14%	-12.53%
Capital Expenditures	-229.5	-191.8	-161.4	-143	-133.8	-118.4
Sale of Property, Plant & Equipment	-	-	-	16.7	1.2	3.8
Purchases of Investments	-16,529	-14,303	-6,869	-14,585	-17,808	-6,090
Proceeds from Sale of Investments	15,846	14,293	7,161	14,943	16,555	5,772
Payments for Business Acquisitions	-2,968	-2,968	-208.3	-2.7	-24.9	-19.5
Other Investing Activities	-119.8	-187.1	-183.9	-17.2	-94.8	-8.7
Investing Cash Flow	-4,000	-3,357	-260.9	211.7	-1,505	-460.6
Short-Term Debt Issued	-	-	9	2	1.3	2.3
Net Short-Term Debt Issued (Repaid)	-	-	9	2	1.3	2.3
Long-Term Debt Issued	-	4,181	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-	4,181	-	-	-	-
Issuance of Common Stock	-62.8	3.8	26.1	-10.4	22.6	85.7
Repurchase of Common Stock	-361.6	-104.5	-169.2	-	-145.2	-155.7
Net Common Stock Issued (Repurchased)	-424.4	-100.7	-143.1	-10.4	-122.6	-70
Common Dividends Paid	-1,554	-1,449	-1,315	-1,175	-999.6	-908.7
Other Financing Activities	26.4	-338.5	-425.3	472	141.6	340
Financing Cash Flow	2,210	2,293	-1,875	-711.4	-979.3	-636.4
Net Cash Flow	618.75	837.3	-237.9	1,207	-894.7	163.3
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%
FCF Margin	33.00%	30.67%	32.90%	31.22%	31.57%	28.15%
Free Cash Flow Per Share	5.79	4.72	4.80	4.31	4.01	3.15
Levered Free Cash Flow	1,930	5,919	1,545	1,656	1,543	1,377
Unlevered Free Cash Flow	2,075	1,763	1,502	1,642	1,554	1,395

SEC Filings: 10-K · 10-Q