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.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

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.

Paychex reports solid Q2 performance, eyes growth through innovation

Paychex delivered strong financial results, focusing on client success and innovation in HR technology solutions.
The company's disciplined growth strategy and emphasis on value proposition position it well for future growth.
Opportunities lie in leveraging AI, expanding product suite, and promoting innovative solutions to drive market competitiveness.
Maintaining strong revenue growth, client retention, and shareholder returns showcase Paychex's stability and market resilience.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

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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ROCHESTER, N.Y. , Oct. 4, 2022 /PRNewswire/ -- Hourly earnings growth for workers of U.S. small businesses slowed in September, according to the latest Paychex | IHS Markit Small Business Employment Watch.

Hourly Earnings Growth Slows in September

Paychex is a value relative to its peers in the labor market and its dividend is more attractive making it a winner for income investors.

Let Paychex Stock Work Hard For You

ROCHESTER, N.Y. , Sept. 29, 2022 /PRNewswire/ -- Today, Paychex, Inc. announced the release of its 2022 Environmental, Social, and Governance (ESG) Report.

Paychex Releases 2022 Environmental, Social, and Governance (ESG) Report

Paychex's (PAYX) first-quarter fiscal 2022 earnings and revenues improve on a year-over-year basis.

Paychex (PAYX) Q1 Earnings & Revenues Beat, EPS View Up

Paychex Inc. (NASDAQ:PAYX ) Q1 2023 Earnings Conference Call September 28, 2022 9:30 AM ET Company Participants Martin Mucci - Chairman, Chief Executive Officer John Gibson - President, Chief Operating Officer Efrain Rivera - Senior Vice President, Chief Financial Officer Conference Call Participants Bryan Bergin - Cowen Jason Kupferberg - Bank of America Andrew Nicholas - William Blair Ramsey El-Assal - Barclays Eugene Simuni - MoffettNathanson Bryan Keane - Deutsche Bank Kevin McVeigh - Credit Suisse Jordan Bret - Jefferies James Faucette - Morgan Stanley Tien-Tsin Huang - JP Morgan Mark Marcon - Baird Unknown Analyst - Northcoast Research Scott Wurtzel - Wolfe Research Operator Good day everyone and welcome to the Paychex first quarter FY23 earnings conference call. At this time, all participants are in a listen-only mode.

Paychex (PAYX) Q1 2023 Earnings Call Transcript

Shares of Paychex Inc. PAYX, -0.63% jumped 3.2% in premarket trading Wednesday, to bounce off the previous session's 2 1/2-month closing low, after the human resources outsourcing services company reported fiscal first-quarter profit that beat expectations and raised the full-year outlook, citing "notable strength" in mid-market, retirement and HR solutions businesses. Net income for the quarter to Aug. 31 rose to $379.2 million, or $1.05 a share, from $333.6 million, or 92 cents a share, in the year-ago period.

Paychex stock bounces more than 3% after profit beat, raised full-year outlook

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended August 31, 2022 (the “first quarter”), as compared to the corresponding prior year period:     For the three months ended           August 31,       In millions, except per share amounts   2022     2021   Change(2) Total service revenue   $   1,188.3     $   1,068.4     11 % Total revenue   $   1,206.2     $   1,082.9     11 % Operating inc

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

Progress in the PEO industry and investor-favorite steps boost Paychex (PAYX) shares.

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We project that earnings will stand at about $0.98 per share, compared to a consensus estimate of $0.97.

What To Expect From Paychex Q1 Results

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ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2023 first quarter ended August 31, 2022. Paychex will deliver results via Business Wire before the financial markets open on Wednesday, September 28, 2022. The Company will host a conference call at 9:30 a.m. ET on Wednesday, September 28, 2022, to review the results for the quarter. Participating in this call will be Martin Mucci, Chairman and CEO, Efrain Rivera, Senior Vice President

Paychex, Inc. Schedules First Quarter Fiscal 2023 Earnings Conference Call for September 28, 2022

SALT LAKE CITY--(BUSINESS WIRE)-- #costcontainment--Managed Health and PayChex, Inc. (NASDAQ: PAYX), a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance, announced a partnership to offer companies a new, unique, innovative healthcare solution. Managed Health offers independent benefit programs designed to provide employees with additional access to doctors, Urgent Care, prescriptions, and more at a net-zero out-of-pocket cost. In addition to im

Managed Health and PayChex Partner to Bring Companies a Unique Healthcare Solution

Paychex Voice Assist allows users to run hands-free payroll through Google Assistant AI technology LAS VEGAS , Sept. 13, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has announced an enhanced user experience to Paychex Flex®, the company's SaaS-based HR software solution, a new conversational artificial intelligence (AI) feature called Paychex Voice Assist.

Paychex Launches Industry's First Voice-Activated Payroll Solution At HR Technology Conference & Expo

The company's performance has been pretty strong in recent quarters, driven by an expanding base of payroll clients and strong demand for HR Solutions, given the strong U.S. labor market.

What's Happening With Paychex Stock?

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Shareholder-friendly measures and rising opportunities in the PEO industry boost Paychex (PAYX). However, low liquidity is a downside.

Here's Why Investors Should Hold on to Paychex (PAYX) Stock

ROCHESTER, N.Y. , Aug. 30, 2022 /PRNewswire/ -- Workers of U.S. small businesses continue to benefit from higher wages, according to the latest Paychex | IHS Markit Small Business Employment Watch.

Worker Hourly Earnings Growth Increases to a Record Level in August; Pace of Small Business Hiring Moderates

Rising opportunities in the PEO industry and shareholder-favorite actions aid Paychex (PAYX). However, a declining current ratio is a woe.

Pro-Investor Steps Boost Paychex (PAYX), Low Liquidity Bothers

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ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Martin Mucci, chief executive officer and chairman of the board, will retire as CEO, effective October 14th, 2022. Mucci will remain chairman of the company's board of directors. John B. Gibson, Jr., currently president and chief operating officer, will assume the role of president and C

Martin Mucci of Paychex to Retire as CEO, Remains Chairman

Outsourcing stock Paychex is nearing a buy point of a new base with analysts predicting continued growth in the current quarter. The post Paychex Stock Nearing Buy Point Puts A Shine On Outsourcing Group appeared first on Investor's Business Daily.

Paychex Stock Nearing Buy Point Puts A Shine On Outsourcing Group

ROCHESTER, N.Y. , Aug. 2, 2022 /PRNewswire/ -- Hiring at U.S. small businesses slowed for the fifth consecutive month, according to the latest Paychex | IHS Markit Small Business Employment Watch.

Small Business Job Growth Slows in July; Hourly Earnings Growth Moderates Slightly

Paychex (PAYX) reported earnings 30 days ago. What's next for the stock?

News for Paychex Stock (PAYX)