Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
116.51
-0.21 (-0.18%)
At close: Sep 17, 2026, 4:00 PM EDT
117.00
+0.49 (0.42%)
After-hours: Sep 17, 2026, 7:55 PM EDT

Paychex Financials Overview

Millions USD. Fiscal year is Jun - May.

Revenue & Profits

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Revenue
1,6061,8091,5581,5401,4271,5091,3171,3191,2951,4391,2581,2861,2301,3811,1901,2061,1441,2761,1091,083
Revenue Growth
12.48%19.87%18.28%16.80%10.21%4.84%4.69%2.53%5.33%4.22%5.68%6.62%7.45%8.23%7.38%11.39%11.18%14.78%12.69%16.17%
Gross Profit
1,1881,3781,1451,1261,0331,122937.8938.5919.91,060893.8925.8859.81,008831855.2784.3923.8776.9770.4
Operating Income
615.3802.7649565.6536708.5538.1546.7481.8649.8506.2536.3453.3611.9472.3495.6394562.8440.3442.9
Net Income
420.6560.3395.4383.8297.2519.3413.4427.4379.9498.6392.7419.2350.4467.4360.3379.2296.4430.7332.1333.6
Earnings Per Share
1.181.561.101.060.821.431.141.181.051.381.081.160.971.290.991.050.821.190.910.92
EPS Growth
43.37%9.09%-3.51%-10.17%-21.86%3.62%5.56%1.72%8.23%6.98%9.09%10.48%18.36%8.40%8.79%14.13%13.91%22.68%21.33%56.13%

Revenue by Segment

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Management Solutions
1,1841,3551,1661,1631,0421,101962.9961.7930.31,050930.7955.5905.21,025895.3905.5845.3959.9832805.5
PEO & Insurance Solutions
369.7397.5336.9329.1340.3365.4317.9319.3326.6345.5295.7297.8299.5321.2273.3282.8284.3301.7262.4262.9
Interest on Client Funds
52.256.854.347.645.242.936.137.538.243.931.532.724.935.321.717.914.714.414.114.5
Revenue (Total)
1,6061,8091,5581,5401,4271,5091,3171,3191,2951,4391,2581,2861,2301,3811,1901,2061,1441,2761,1091,083

Cash & Debt

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Cash & Investments
1,1441,7811,5231,6711,6631,6011,2401,4981,5031,7301,3981,6921,5951,5571,2621,2301,2241,3541,0121,142
Total Debt
4,6305,0135,0375,0225,045863.7862.8867885.5868.8865.5867.1886871.2874.8879.1906.3885.6893.1897.1
Net Cash (Debt)
-3,487-3,233-3,514-3,351-3,382737.3377.3631617.3861.4532824.5709.4685.8387.3350.9317.6467.9119.1244.5
Net Cash Growth
------14.41%-29.08%-23.47%-12.98%25.61%37.36%134.97%123.36%46.57%225.19%43.52%199.91%398.83%--
Net Cash Per Share
-9.73-8.99-9.75-9.26-9.332.041.041.741.712.381.472.271.961.891.070.970.871.290.330.67

Cash Flow & CapEx

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Operating Cash Flow
580.9812.5444.9718.4343.8716295546.1221.7671.7311.3693417.4569.1355.4364.3337.2612.9169.8385.6
Capital Expenditures
-65.9-51-62.1-55.9-60.5-48.7-47-35.6-41.3-40.7-40.7-38.7-46-31.1-35.3-30.6-34.5-34.7-34.2-30.4
Free Cash Flow
515761.5382.8662.5283.3667.3248510.5180.4631270.6654.3371.4538320.1333.7302.7578.2135.6355.2
Free Cash Flow Growth
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%82.81%

Margins

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Gross Margin
74.01%76.16%73.54%73.13%72.40%74.33%71.21%71.18%71.03%73.61%71.06%71.99%69.92%73.00%69.81%70.90%68.54%72.40%70.09%71.14%
Operating Margin
38.32%44.38%41.67%36.73%37.55%46.95%40.86%41.46%37.20%45.15%40.24%41.70%36.87%44.31%39.68%41.09%34.43%44.11%39.72%40.90%
Pretax Margin
34.52%40.85%33.40%32.31%27.28%45.45%41.29%42.25%37.97%45.80%41.17%42.70%37.70%44.71%39.92%40.79%33.98%43.44%39.48%40.99%
Profit Margin
26.20%30.98%25.39%24.92%20.82%34.41%31.39%32.42%29.33%34.64%31.22%32.60%28.50%33.84%30.27%31.44%25.90%33.75%29.96%30.81%
FCF Margin
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%32.80%

Dividends

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
Dividend Per Share
1.1901.0801.0801.0801.0800.9800.9800.9800.9800.8900.8900.8900.8900.7900.7900.7900.7900.6600.6600.660
Dividend Per Share Growth
10.18%10.20%10.20%10.20%10.20%10.11%10.11%10.11%10.11%12.66%12.66%12.66%12.66%19.70%19.70%19.70%19.70%6.45%6.45%6.45%
Dividend Yield
4.62%4.72%3.91%3.08%2.68%2.74%2.79%3.06%3.29%3.17%3.12%3.04%3.47%3.22%2.77%2.68%2.57%2.56%2.53%2.61%

Valuation

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingMay '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 Aug '21
PE Ratio
19.7420.5425.1931.0834.3231.3930.6227.7925.5926.5727.0427.5924.2926.4730.4830.8632.1031.6033.6033.78
Forward PE
16.8316.4820.2025.5630.0029.4628.9726.3224.5525.3325.6026.1423.2525.3129.1929.8931.2131.9634.2833.88
P/FCF Ratio
14.9716.0820.1426.9533.2834.0033.5329.6424.9122.8924.0223.3924.2026.6329.1332.8832.5930.0234.1031.52
PS Ratio
5.345.316.668.6610.2110.049.808.898.208.468.558.667.558.099.289.389.699.559.929.79