$102.15
+1.13
(+1.12%)
As of Oct 7, 2026, 2:13 PM EDT
Price history
Paychex (PAYX) is trading up at $102.15 (+1.12%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Industrials sector.
Paychex revenue & net income history (FY2017–FY2026)
RevenueNet income
| FY2017May 2017 | FY2018May 2018 | FY2019May 2019 | FY2020May 2020 | FY2021May 2021 | FY2022May 2022 | FY2023May 2023 | FY2024May 2024 | FY2025May 2025 | FY2026May 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $3.15B | $3.38B | $3.77B | $4.04B | $4.06B | $4.61B | $5.01B | $5.28B | $5.57B | $6.51B |
| Growth (year over year) | +6.8% | +7.1% | +11.7% | +7.1% | +0.4% | +13.7% | +8.6% | +5.4% | +5.6% | +16.9% |
| Gross profit | — | $2.36B | $2.59B | $2.76B | $2.79B | $3.26B | $3.55B | $3.80B | $4.03B | $4.84B |
| Gross margin | — | 69.9% | 68.8% | 68.3% | 68.7% | 70.6% | 71.0% | 72.0% | 72.4% | 74.3% |
| Operating income | $1.25B | $1.29B | $1.37B | $1.46B | $1.46B | $1.84B | $2.03B | $2.17B | $2.21B | $2.51B |
| Operating margin | 39.8% | 38.2% | 36.3% | 36.1% | 36.0% | 39.9% | 40.6% | 41.2% | 39.6% | 38.6% |
| Net income | $826.3M | $994.1M | $1.03B | $1.10B | $1.10B | $1.39B | $1.56B | $1.69B | $1.66B | $1.76B |
| Net margin | 26.2% | 29.4% | 27.4% | 27.2% | 27.1% | 30.2% | 31.1% | 32.0% | 29.7% | 27.0% |
| EPS (diluted) | $2.28 | $2.75 | $2.86 | $3.04 | $3.03 | $3.84 | $4.30 | $4.67 | $4.58 | $4.89 |
| Balance sheet | ||||||||||
| Cash and equivalents | $184.6M | $358.2M | $673.6M | $905.2M | $995.2M | $370.0M | $1.22B | $1.47B | $1.63B | $1.09B |
| Total assets | $6.83B | $7.92B | $8.68B | $8.55B | $9.23B | $9.64B | $10.5B | $10.4B | $16.6B | $16.2B |
| Total liabilities | $4.88B | $5.56B | $6.06B | $5.77B | $6.28B | $6.55B | $7.05B | $6.58B | $12.4B | $12.4B |
| Long-term debt | — | — | $796.4M | $796.8M | $797.3M | $797.7M | $798.2M | $798.6M | $4.55B | $4.56B |
| Shareholders' equity | $2.23B | $2.36B | $2.62B | $2.78B | $2.95B | $3.09B | $3.49B | $3.80B | $4.13B | $3.74B |
| Cash flow | ||||||||||
| Operating cash flow | $960.4M | $1.28B | $1.27B | $1.44B | $1.26B | $1.59B | $1.71B | $1.90B | $1.90B | $2.56B |
| Capital expenditure | $94.3M | $154.0M | $123.8M | $127.0M | $118.4M | $133.8M | $143.0M | $161.4M | $191.8M | $234.9M |
| Free cash flow | $866.1M | $1.12B | $1.15B | $1.31B | $1.14B | $1.46B | $1.56B | $1.74B | $1.71B | $2.32B |
| Dividends paid | $662.3M | $739.7M | $826.8M | $889.4M | $908.7M | $999.6M | $1.18B | $1.32B | $1.45B | $1.59B |
| Share buybacks | $166.2M | $143.1M | $56.9M | $171.9M | $155.7M | $145.2M | $0 | $169.2M | $104.5M | $611.0M |
RevenueNet income
| Q2 FY25Nov 2024 | Q3 FY25Feb 2025 | Q4 FY25†May 2025 | Q1 FY26Aug 2025 | Q2 FY26Nov 2025 | Q3 FY26Feb 2026 | Q4 FY26†May 2026 | Q1 FY27Aug 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.32B | $1.51B | $1.43B | $1.54B | $1.56B | $1.81B | $1.61B | $1.63B |
| Growth (year over year) | +4.7% | +4.8% | +10.2% | +16.8% | +18.3% | +19.9% | +12.5% | +5.9% |
| Gross profit | $937.8M | $1.12B | $1.03B | $1.13B | $1.15B | $1.38B | $1.19B | $1.20B |
| Gross margin | 71.2% | 74.3% | 72.4% | 73.1% | 73.5% | 76.2% | 74.0% | 73.6% |
| Operating income | $538.1M | $691.8M | $431.1M | $541.9M | $571.9M | $792.0M | $604.7M | $619.2M |
| Operating margin | 40.9% | 45.8% | 30.2% | 35.2% | 36.7% | 43.8% | 37.7% | 38.0% |
| Net income | $413.4M | $519.3M | $297.2M | $383.8M | $395.4M | $560.3M | $420.6M | $429.7M |
| Net margin | 31.4% | 34.4% | 20.8% | 24.9% | 25.4% | 31.0% | 26.2% | 26.4% |
| EPS (diluted) | $1.14 | $1.43 | $0.83 | $1.06 | $1.10 | $1.56 | $1.17 | $1.21 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.20B | $1.56B | $1.63B | $809.0M | $1.49B | $1.74B | $1.09B | $600.9M |
| Total assets | $10.6B | $11.2B | $16.6B | $16.7B | $16.5B | $17.5B | $16.2B | $15.7B |
| Total liabilities | $6.63B | $7.11B | $12.4B | $12.7B | $12.6B | $13.5B | $12.4B | $12.0B |
| Long-term debt | $798.9M | $799.0M | $4.55B | $4.55B | $4.55B | $4.55B | $4.56B | $4.56B |
| Shareholders' equity | $3.93B | $4.12B | $4.13B | $3.97B | $3.88B | $4.01B | $3.74B | $3.71B |
| Cash flow | ||||||||
| Operating cash flow | $295.0M | $716.0M | $343.8M | $718.4M | $444.9M | $812.5M | $580.9M | $413.5M |
| Capital expenditure | $47.0M | $48.7M | $60.5M | $55.9M | $62.1M | $51.0M | $65.9M | $56.1M |
| Free cash flow | $248.0M | $667.3M | $283.3M | $662.5M | $382.8M | $761.5M | $515.0M | $357.4M |
| Dividends paid | $352.8M | $353.0M | $389.3M | $389.1M | $387.9M | $388.0M | $424.6M | $424.1M |
| Share buybacks | $500.0K | $0 | $0 | $160.1M | $126.5M | $75.0M | $249.4M | $0 |
From Paychex's 10-K and 10-Q filings with the SEC; its fiscal year ends in May. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Paychex
Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 800,000 payroll clients in the U.S. and Europe. Paychex is ranked 681st on the Fortune 500 list of largest corporations by revenue.
- Headquarters
- Rochester, New York From SEC filings, Oct 2026
Recent News (20)
-
Analysts’ Opinions Are Mixed on These Technology Stocks: Paychex (PAYX), Accenture (ACN) and Apple (AAPL) Analysts’ Opinions Are Mixed on These Technology Stocks: Paychex (PAYX), Accenture (ACN) and Apple (AAPL) The Globe and Mail
-
Analysts’ Opinions Are Mixed on These Technology Stocks: Paychex (PAYX), Accenture (ACN) and Apple (AAPL) Analysts’ Opinions Are Mixed on These Technology Stocks: Paychex (PAYX), Accenture (ACN) and Apple (AAPL) The Globe and Mail
-
U.S. Small Business Employment Rate Remains Steady in September Paychex data shows small businesses are largely maintaining staffing levels as the pace of employment remains steady as of September 2026.
-
Paychex Earns 5-Star Rating on Newsweek's America's Greatest Companies 2026 List Paychex earned five stars from Newsweek and Plant-A Insights for financial strength, market performance, innovation, and environmental sustainability.
-
TD Cowen cuts Paychex stock price target to $105 on lower growth outlook
TD Cowen cuts Paychex stock price target to $105 on lower growth outlook
-
Stifel cuts Paychex stock price target to $112 on growth concerns
Stifel cuts Paychex stock price target to $112 on growth concerns
-
Paychex falls 9% after earnings (PAYX:NASDAQ) Paychex falls 9% after earnings (PAYX:NASDAQ) Seeking Alpha
-
Why Paychex Stock Dropped Today
Why Paychex Stock Dropped Today
-
Paychex earnings analysis: questions answered and next catalysts
Paychex earnings analysis: questions answered and next catalysts
-
Paychex Q1 Earnings Call Highlights
Paychex Q1 Earnings Call Highlights
-
Paychex Q1 FY27 slides: double-digit earnings growth, AI expansion
Paychex Q1 FY27 slides: double-digit earnings growth, AI expansion
-
Earnings call transcript: Paychex beats on EPS in Q1 2026 as shares fall
Earnings call transcript: Paychex beats on EPS in Q1 2026 as shares fall
-
Why is Paychex stock dropping today?
Why is Paychex stock dropping today?
-
Paychex Reports First Quarter Fiscal 2027 Results Paychex Reports First Quarter Fiscal 2027 Results
-
-
Jim Cramer Says Paychex (PAYX) is Entering Earnings With a “Full Head of Steam”
Jim Cramer Says Paychex (PAYX) is Entering Earnings With a “Full Head of Steam”
-
How Will Paychex Stock React To Its Upcoming Earnings?
How Will Paychex Stock React To Its Upcoming Earnings?
-
Guggenheim reiterates Paychex stock rating ahead of earnings
Guggenheim reiterates Paychex stock rating ahead of earnings
-
-
More Industrials stocks
- NOC Northrop Grumman
- NSC Norfolk Southern
- ODFL Old Dominion
- OTIS Otis Worldwide
- PCAR Paccar
- PH Parker Hannifin
- PNR Pentair
- PWR Quanta Services