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 Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Cash & equivalents

Receivables

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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.

Here is how Paychex (PAYX) and Visa (V) have performed compared to their sector so far this year.

Is Paychex (PAYX) Outperforming Other Business Services Stocks This Year?

Paychex Inc. (NASDAQ:PAYX) beat Q3-2022 earnings expectations by 10%. The performance reflected strong growth in revenues and income.

Paychex beat earnings expectations by 10% but the price is overvalued

Paychex reported its financial results for the third quarter on Wednesday.

Here's how Paychex performed in its fiscal Q3

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

Paychex (PAYX) Q3 Earnings & Revenues Beat, 2022 View Up

Paychex Inc. (NASDAQ: PAYX) is up 3% after announcing its results for the quarter ending February 28, 2022. Chairman and CEO Martin Mucci stated: Our strong results for the third quarter, including double-digit growth in both revenue and earnings are a result of progress against key initiatives.

Paychex shares are up 3%; Here is why

Paychex (PAYX) delivered earnings and revenue surprises of 10.58% and 4.49%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

Paychex (PAYX) Surpasses Q3 Earnings and Revenue Estimates

Paychex, Inc. (PAYX) CEO Martin Mucci on Q3 2022 Results - Earnings Call Transcript

Shares of Paychex Inc. PAYX, +2.05% surged 1.9% toward a three-month high in premarket trading Wednesday, after the human resources outsourcing services company reported fiscal third-quarter profit and revenue that rose above expectations, and boosted its full-year growth outlook, as record new sales revenue was coupled with high levels of client retention. Net income for the quarter to Feb. 28 increased to $430.7 million, or $1.19 a share, from $350.5 million, or 97 cents a share.

Paychex stock jumps toward 3-month high after profit and revenue beats, raised outlook

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended February 28, 2022 (the “third quarter”), as compared to the corresponding prior year period:     For the three months ended             For the nine months ended               February 28,             February 28,           In millions, except per share amounts   2022     2021     Change(2)   2022     2021     Change(2) Total service revenu

Paychex, Inc. Reports Strong Third Quarter Results:

Improving macroeconomic conditions and strong revenue guidance has been a boon for Paychex stock since the earnings announcement in December 2021. The stock observed a sell-off along with broader markets in January 2022 over concerns of rising inflation and geopolitical tensions between Russia.

Time To Book Profits In Paychex Stock?

Paychex's (PAYX) third-quarter fiscal 2022 earnings and revenues are likely to have increased year over year.

Paychex (PAYX) Set to Report Q3 Earnings: What to Expect?

HCM technology provider announces enhanced solutions for talent retention, secure document management, and employee time tracking ROCHESTER, N.Y. , March 28, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management (HCM) software solutions for human resources, payroll, benefits, and insurance services, has announced new enhancements designed to help employers better protect worker health and safety and help businesses address worker retention challenges through top-tier HR technology solutions.

Latest Paychex Solutions Help Businesses Meet the Needs of the Modern Workforce

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

Paychex, Inc. Schedules Third Quarter Fiscal 2022 Earnings Conference Call for March 30, 2022

Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices ROCHESTER, N.Y., March 15, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance solutions, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World's Most Ethical Companies.

Paychex Named One of The World's Most Ethical Companies by Ethisphere for the 14th Time

ROCHESTER, N.Y. , March 14, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services has won a Stevie Award® for the sixth year in a row, now for the Paychex Pre-Check technology solution.

Paychex Pre-Check Wins 2022 Stevie Award®

Paychex provides human resources and payroll services mostly for small to medium-sized businesses and startups who are looking to outsource their operations.

Paychex: Geared Towards Employee Retention And Helped By The Great Resignation

The unemployment rate stands at 4% as per the recent household survey – highlighting strong jobs growth despite two coronavirus infectious waves in the past 12-month period.

Will Paychex Stock Observe A Further Correction?

In the latest trading session, Paychex (PAYX) closed at $120.42, marking a +0.03% move from the previous day.

Paychex (PAYX) Gains As Market Dips: What You Should Know

Automatic Data Processing

Brink's

Investing in outsourcing stocks like ADP, PAYX, BCO can be a prudent move as the industry seeks to benefit from the COVID-driven reliance on technology and the accelerated uptake of cloud infrastructure.

Outsourcing Industry Up 15.6% in a Year: 3 Stocks to Buy

ROCHESTER, N.Y., March 1, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has been recognized as one of the top training organizations in the world with a 2022 Training APEX Award presented by Training magazine.

Paychex Ranks Number Five on List of World's Best Training Organizations

ROCHESTER, N.Y., Feb. 23, 2022 /PRNewswire/ -- New research from Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, reveals that workers continue to have significant worries related to the impact of COVID-19 variants.

Report: New Research from Paychex Reveals Workers' Top Concerns Around COVID-19 Variants

Genpact

The coronavirus-driven dependency on technology and accelerated adoption of cloud infrastructure should help the Zacks Outsourcing industry thrive. ADP, PAYX and G are well-positioned to witness demand surge.

3 Stocks From the Promising Outsourcing Space Worth Buying

Broadcom

Cisco Systems

Ryder System

Whirlpool

If these mom-and-pop investors can create big stock portfolios through decades of investing, you can too.

Learn the Secrets of Great Blue-Chip Stock Investors

Paychex (PAYX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Paychex (PAYX) Upgraded to Strong Buy: Here's Why

ROCHESTER, N.Y., Feb. 2, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has been named to FORTUNE® magazine's list of the World's Most Admired Companies.

News for Paychex Stock (PAYX)