Skip to main content
logo
Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
117.06
-2.44 (-2.04%)
At close: Nov 6, 2026, 4:00 PM EST
117.05
-0.01 (-0.01%)
After-hours: Nov 6, 2026, 7:59 PM EST

Paychex Cash Flow Statement

Millions USD. Fiscal year is Jun - May.

Operating Activities

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Net Income
429.7420.6560.3395.4383.8297.2519.3413.4427.4379.9498.6392.7419.2350.4467.4360.3379.2296.4430.7332.1
Depreciation & Amortization
109.8129.2111109.1109.399.743.141.73971.444.844.941.244.144.244.34449.148.448.6
Other Amortization
6664.662.861.460.459.959.358.858.558.358.357.957.256.155.554.55351.951.150
Loss (Gain) From Sale of Assets
-6.2---3.7---32.8---1.3------
Loss (Gain) From Sale of Investments
-2.2-2.1-1.9-9.1-2.118.311.1-2.8-2.80.3-1.8-1.5-1.412.24.75.25.96.577.4
Stock-Based Compensation
19.320.723.125.526.861.317.616.416.51614.414.71616.616.315.314.413.612.814
Provision & Write-off of Bad Debts
8.6916.94.57.76.65.24.97.54.94.95.74.34.653.64.59.30.24.6
Other Operating Activities
9.3-11.321.811.266-13.7-25.81.5-11-34.7-14.5-3.2-3.2-18.4-10.3-17.82.5-1-2.2-6
Change in Accounts Receivable
-73.3-38.7-11-37.2-18.9-30.8-31.3-32.2-36.4116.5-56.4-19.572.45.8-59-21.3-61.2-120.9164.3-290
Change in Accounts Payable
-56.759.4109.7-2.6124.9-65.5101.1-58.965.6-311.2117.6-37.8104.47.789.849.9-61.198.4-41.6124.1
Change in Other Net Operating Assets
-97-76.7-80.2-113.3-39.5-92.916.4-147.8-18.2-112.55.8-142.6-17.1-63-44.5-138.6-16.9-66.1-57.8-115
Operating Cash Flow
413.5580.9812.5444.9718.4343.8716295546.1221.7671.7311.3693417.4569.1355.4364.3337.2612.9169.8
Operating Cash Flow Growth (YoY)
-42.44%68.97%13.48%50.81%31.55%55.07%6.59%-5.24%-21.20%-46.88%18.03%-12.41%90.23%23.78%-7.15%109.31%-5.52%-13.47%39.33%-21.28%

Investing Activities

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Capital Expenditures
-56.1-65.9-51-62.1-55.9-60.5-48.7-47-35.6-41.3-40.7-40.7-38.7-46-31.1-35.3-30.6-34.5-34.7-34.2
Sale of Property, Plant & Equipment
--------------79.7-1.2--
Cash Acquisitions
-18.1--0.1-0.1-0.2-2,968------0.3-2081.6-4.3-----24.9
Investment in Securities
-191.5-63.378.1461.2-1,185-37.632.111.8-16.7-45.534.926.1277.2-100.7-667.8-132.91,259-219.2-678.4-364.6
Other Investing Activities
-70.1-98.2-25.6-22.7-62-9.537.6-157.5-57.7-56.3-2.3-81.6-43.7-6.932.1-36.8-5.6-0.3-3.6-5.4
Investing Cash Flow
-335.8-227.41.4376.3-1,303-3,07521-192.7-110-143.1-8.1-96.5-13.2-152-664.1-195.31,223-252.8-716.7-429.1

Financing Activities

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Short-Term Debt Issued
------------3.8---2---
Total Debt Issued
-----4,181----5.2-3.8---2--0.21.5
Total Debt Repaid
--400-18.8----------------0.3
Net Debt Issued (Repaid)
--400-18.8--4,181----5.2-3.8---2--0.21.8
Issuance of Common Stock
------4.98-118.134----6.5124.1
Repurchase of Common Stock
--249.4-75-126.5-160.1-9.1--0.5-104---169.2------145.2--
Common Dividends Paid
-424.1-424.6-388-387.9-389.1-389.3-353-352.8-353.4-352.8-320.4-320.2-321.9-320.9-284.8-284.7-284.6-284.7-238.5-238.3
Other Financing Activities
-482.5-717.3717.1-6833.8-710.2345.453.9-27.6-2,373614.6-50.71,384-1721,11743.3-527.1-522.5496.2141.2
Financing Cash Flow
-906.6-1,791235.3-582.4-515.43,072-2.7-291.4-485-2,715307.5-537.11,069-492.9832.6-241.4-809.7-945.9269.5-91.2

Net Cash Flow

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Net Cash Flow
-828.9-1,4381,049238.8-1,100341734.3-189.1-48.9-2,636971.1-322.31,749-227.5737.6-81.3777.7-861.5165.7-350.5

Free Cash Flow

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Free Cash Flow
357.4515761.5382.8662.5283.3667.3248510.5180.4631270.6654.3371.4538320.1333.7302.7578.2135.6
Free Cash Flow Growth (YoY)
-46.05%81.79%14.12%54.35%29.78%57.04%5.75%-8.35%-21.98%-51.43%17.29%-15.46%96.07%22.70%-6.95%136.06%-6.05%-16.38%41.85%-25.41%
Free Cash Flow Margin
21.92%32.08%42.10%24.58%43.02%19.85%44.22%18.83%38.72%13.93%43.84%21.51%50.88%30.20%38.96%26.89%27.66%26.45%45.31%12.23%
Free Cash Flow Per Share
1.001.442.121.061.830.781.840.691.410.501.750.751.801.021.490.880.920.831.590.37
Levered Free Cash Flow
322.29510.03699.93392.31530.68411.49684.5960.18353.1996.29587.94169.56495.71280.74563.71339.44343.66402.96626.33165.48
Unlevered Free Cash Flow
362.98550.46742.49435.13573.3451.3698.7166.11359.19102.23594.13174.88501.59286.61569.34345.19349.35408.65631.95171.29

Additional Metrics

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Cash Interest Paid
-267.6---37.5---36.2---35.7---35.5--
Cash Income Tax Paid
-310.3---512.4---539.5---525.8---397.7--
Change in Working Capital
-227-5618.5-153.166.5-189.286.2-238.911-307.267-199.9159.7-49.5-13.7-110-139.2-88.664.9-280.9
SEC Filings: 10-K · 10-Q