Revenue segments as reported by the company.

Service revenue

Interest on funds held for clients

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Paychex

Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resources, insurance and retirement for small and medium-sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

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Paychex reports strong Q1 earnings, eyes digital growth opportunities

Paychex's Q1 2023 performance reflects strong financial results and a focus on strategic growth opportunities. While facing challenges related to client retention and potential headwinds from tax credits, the company is leveraging its strengths in technology and financial position to capitalize on opportunities in the digital and HR analytics space. Paychex remains cautiously optimistic about the coming year's growth, particularly in light of labor supply challenges and potential interest rate impacts.

Paychex reports strong Q2 performance and focuses on AI capabilities

Paychex's Q2 2023 performance showcased strong revenue and earnings growth, along with positive trends in client revenue and HR outsourcing worksite employee retention. The company's acquisition and financial position demonstrate stability and strategic foresight. While challenges persist, Paychex is cautiously optimistic about the future and is focused on leveraging opportunities in AI capabilities and small business funding access.

Paychex reports robust Q3 results, eyes SECURE Act opportunities

Paychex delivered strong financial performance amidst market challenges in Q3
The company's focus on ethical operations, innovation, and client support sets it apart
Opportunities lie in leveraging SECURE Act 2.0, technology, and strategic growth initiatives
Challenges include market competition, economic factors, and margin considerations

Paychex reports record FY '23 performance amidst macro uncertainties

Paychex's strong financial performance and strategic focus on innovation and customer experience position it for continued success. While facing challenges related to macroeconomic uncertainties and evolving labor dynamics, the company is proactively pursuing growth opportunities and enhancing its service offerings.

Paychex reports solid Q1 growth, eyes SMB lending opportunities

Paychex's Q1 performance reflects strong revenue and earnings growth, with a focus on client services and innovation. While facing challenges from regulatory changes and interest rate fluctuations, the company is well-positioned to capitalize on opportunities in HR solutions and SMB lending through strategic initiatives.

Paychex posts solid Q2 results, raises guidance amidst challenges

Paychex reports strong Q2 results, raises guidance for FY 2024. Focus on AI, PEO, and retirement segments for growth. Facing challenges with ERTC headwinds and rising bankruptcies. Opportunities in HR tech advisory solutions and SMB market.

Paychex reports solid Q3 results, eyes growth through acquisitions and AI

Paychex navigated challenges from ERTC wind-down, focusing on growth strategies and operational efficiency. Strong financial position, ethical reputation, and digitalization investments position the company well for future opportunities.

Paychex Reports Solid Growth, Optimistic FY 2025 Outlook

Paychex has successfully navigated a challenging fiscal year with strong financial performance and strategic adjustments. The company's robust client retention, leadership in retirement services, and technological innovations position it well for continued growth. With a positive outlook for FY 2025 and a strong commitment to shareholder returns, Paychex remains a formidable player in the HR management and payroll services industry.

Paychex reports steady Q1 growth, eyes new products and acquisitions

Paychex delivered solid Q1 performance with revenue and earnings growth, returning value to shareholders through dividends and share repurchases.
Maintaining guidance for FY 2025, the company focuses on new product launches, AI solutions, and strategic acquisitions for future growth.
Challenges include margin pressures in Q2, operational execution risks, and managing expenses amidst market uncertainties.
Opportunities lie in go-to-market strategies, margin expansion, acquisitions, and HR outsourcing growth to drive revenue and profitability.

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Cost of revenue

Gross profit

Operating expenses

SG&A

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EBITDA

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Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Paychex, Inc. provides human capital management solutions for payroll, human resources, insurance and retirement for small and medium-sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

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2022 has been a bad year for the equity market, with inflation and interest rates being the primary factors weighing on stocks throughout 2022.

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ROCHESTER, N.Y. , Feb. 1, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has again been named one of the World's Most Admired Companies by FORTUNE® magazine.

Paychex Named Among FORTUNE's Most Admired Companies in 2023

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Paychex data also shows the January one-month annualized hourly earnings growth for employees of small businesses falls to its lowest level since 2020 ROCHESTER, N.Y. , Jan. 31, 2023 /PRNewswire/ -- The rate of hourly wage growth for U.S. small businesses continued to decline to 4.66 percent year-over-year in January according to the latest Paychex | IHS Markit Small Business Employment Watch.

Wage Inflation for U.S. Small Business Continues to Decline; Rate of Small Business Hiring Remains Strong

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Paychex, Inc. continues to be competitive in the market and, in fact, it continues to grow its top line and customer base. Despite this, moderating growth outlook from the management and slowing client retention seems to be the current problem.

Paychex: Moderating Growth Is Not A Good Catalyst In Today's Bearish Market

Experienced business leader Theresa M. Payton appointed to Paychex Board of Directors ROCHESTER, N.Y.

Paychex Expands Board of Directors, Appoints New Member

The company's AI voice assist technology was recognized for its business innovation ROCHESTER, N.Y. , Jan. 23, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance solutions, was named a winner in the 2023 BIG Innovation Awards, presented by the Business Intelligence Group.

Paychex Wins 2023 BIG Innovation Award

Paychex's (PAYX) pro-investor steps and a strong balance sheet are aiding the stock.

Here's Why Investors Should Buy Paychex (PAYX) Stock Now

The annual survey of business and HR decision-makers revealed HR priorities and workforce trends for an evolving workplace ROCHESTER, N.Y. , Jan. 18, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, today released the results of its fifth-annual Priorities for Business Leaders survey.

Business Leaders Optimistic for 2023 According to Paychex Survey

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Paychex data also reveals that small business job growth remains steady ROCHESTER, N.Y. , Jan. 3, 2023 /PRNewswire/ -- The rate of hourly wage growth for U.S. small businesses continued to decline to 4.95 percent year-over-year in December, according to the latest Paychex | IHS Markit Small Business Employment Watch.

Small Business Wage Growth Moderates as 2022 Closes

Paychex (PAYX) second-quarter fiscal 2022 earnings and revenues rise year over year.

Paychex (PAYX) Q2 Earnings & Revenues Beat, FY23 View Adjusted

Paychex, Inc. (NASDAQ:PAYX ) Q2 2023 Earnings Conference Call December 22, 2022 9:30 AM ET Company Participants John Gibson - President and Chief Executive Officer Efrain Rivera - Senior Vice President, Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Bryan Bergin - Cowen and Company Jason Kupferberg - Bank of America Kevin McVeigh - Credit Suisse Samad Samana - Jefferies Kartik Mehta - Northcoast Research Bryan Keane - Deutsche Bank Eugene Simuni - MoffettNathanson LLC Peter Christiansen - Citigroup James Faucette - Morgan Stanley Mark Marcon - Robert W. Baird Tien-Tsin Huang - JPMorgan Operator Good day, everyone, and welcome to the Paychex Second Quarter Earnings Conference Call.

Paychex, Inc. (PAYX) Q2 2023 Earnings Call Transcript

Paychex (PAYX) delivered earnings and revenue surprises of 4.21% and 0.51%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

Paychex (PAYX) Q2 Earnings and Revenues Top Estimates

The payroll services company posts second-quarter adjusted diluted earnings per share of 99 cents a share, while analysts expected 95 cents.

PayChex Posts Earnings Beat, But the Stock Is Down. Here's Why.

ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended November 30, 2022 (the “second quarter”), as compared to the corresponding prior year period:

Paychex, Inc. Reports Second Quarter Results: Solid Growth in Revenue and Diluted Earnings Per Share; Raises Outlook for the Year

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Earnings Previews: CarMax, Micron, Paychex

The company's voice assist and retention insight analytics were awarded for cutting-edge technology and delivering value to business owners ROCHESTER, N.Y. , Dec. 20, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won two Brandon Hall Group Excellence in Technology awards.

Paychex Wins Two Brandon Hall Group Excellence in Technology Awards; 10th Consecutive Year Recognized

Payroll and HR solutions player Paychex is expected to publish its Q2 FY'23 results on December 22, reporting on a period that saw the U.S. job market remain robust.

With The Job Market Holding Up, What To Expect From Paychex Q2 Results?

ROCHESTER, N.Y. , Dec. 15, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today released a list of the regulatory issues that employers should monitor in the new year.

Paychex Reveals Top Regulatory Issues for Businesses in 2023

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Traders anxiously wait for the earnings season to make quick gains from the stock price movement, both before and after the earnings announcement.

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ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2023 second quarter ended November 30, 2022. Paychex will deliver results via Business Wire before the financial markets open on Thursday, December 22, 2022.

Paychex, Inc. Schedules Second Quarter Fiscal 2023 Earnings Conference Call for December 22, 2022

Paychex data also reveals the growth in three-month annualized weekly hours worked has reached its highest level since March 2021 ROCHESTER, N.Y. , Nov. 29, 2022 /PRNewswire/ -- The rate of job growth and hourly earnings growth held relatively steady at U.S. small businesses in November, according to the latest Paychex | IHS Markit Small Business Employment Watch.

News for Paychex Stock (PAYX)