PAYX
Paychex Inc.Stock · IndustrialsS&P 500 Equal Weight 0.2% · Nasdaq-100 0.2% · Nasdaq Composite 0.07% · S&P 500 0.05% · Russell 1000 0.05% · US Stock Market 0.04% · Russell 3000 0.04% · MSCI World 0.03% · MSCI ACWI 0.03%$115.80+0.54%
as of market close, Sep 11, 2026
☾ AH — —
PAYX financial statements
The full income statement, balance sheet, and cash-flow statement for Paychex Inc. (PAYX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-05 360.1M2024-08 359.9M2024-11 360.1M2025-02 360.2M2025-05 360.2M2025-08 359.9M2025-11 359.0M2026-02 358.3M2026-05 355.7M-1.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| Revenue | 6.51B+16.9% | 5.57B+5.6% | 5.28B+7.6% | 4.91B+7.8% | 4.55B+13.9% | |
| Cost of revenue | 1.67B+8.7% | 1.54B+4.1% | 1.48B+1.8% | 1.45B+7.1% | 1.36B+6.7% | |
| Selling, general & administrative | 2.33B+27.6% | 1.82B+12.2% | 1.62B+6.8% | 1.52B+7.5% | 1.42B+6.8% | |
| Amortization of intangibles | 300M+230.2% | 90.7M+85.1% | 49.0M+1.7% | 48.2M-17.0% | 58.1M-15.3% | |
| Provision for credit losses | 38.1M+57.4% | 24.2M+22.2% | 19.8M+11.9% | 17.7M+68.6% | 10.5M+31.3% | |
| Operating income | 2.51B+13.7% | 2.21B+1.5% | 2.17B+6.9% | 2.03B+10.5% | 1.84B+26.0% | |
| Interest expense | 270M+155.7% | 105M+182.6% | 37.3M+1.6% | 36.7M+0.3% | 36.6M+2.2% | |
| Interest & investment income | 211M+30.4% | 162M+10.5% | 146M+46.6% | 99.8M+73.0% | 57.7M-2.7% | |
| Other non-operating income | 6.50M+712.5% | 800K+153.3% | -1.50M-155.6% | 2.70M-85.2% | 18.3M+161.4% | |
| Pre-tax income | 2.31B+6.2% | 2.18B-1.9% | 2.22B+8.3% | 2.05B+12.3% | 1.82B+27.2% | |
| Income tax | 551M+6.2% | 519M-1.7% | 528M+7.5% | 491M+13.7% | 432M+28.2% | |
| 1.76B+6.2% | 1.66B-2.0% | 1.69B+8.5% | 1.56B+11.8% | 1.39B+26.9% | ||
| Net income to common | 1.76B+6.2% | 1.66B-2.0% | 1.69B+8.5% | 1.56B+11.8% | 1.39B+26.9% | |
| $4.89+6.8% | $4.58-1.9% | $4.67+8.6% | $4.30+12.0% | $3.84+26.7% | ||
| EPS (basic) | $4.90+6.5% | $4.60-1.9% | $4.69+8.6% | $4.32+11.9% | $3.86+26.6% | |
| Weighted-avg shares (basic) | 359M-0.4% | 360M-0.0% | 360M-0.0% | 360M-0.1% | 361M+0.2% | |
| Weighted-avg shares (diluted) | 360M-0.6% | 362M-0.0% | 362M-0.1% | 362M-0.2% | 363M+0.3% | |
| Dividends per share | $4.43+10.2% | $4.02+10.1% | $3.65+12.0% | $3.26+17.7% | $2.77+9.9% | |
| Balance Sheet | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| 8.61B-3.4% | 8.92B+23.0% | 7.25B-3.7% | 7.53B+14.4% | 6.58B+6.7% | ||
| Cash & equivalents | 1.09B-33.2% | 1.63B+10.9% | 1.47B+20.2% | 1.22B+230.3% | 370M-62.8% | |
| Short-term investments | 36.3M+5.2% | 34.5M+1.8% | 33.9M-90.9% | 373M-56.3% | 854M+2226.7% | |
| Prepaid expenses | 385M+1.7% | 378M+17.5% | 322M+11.1% | 290M+6.4% | 272M+9.3% | |
| 16.2B-2.4% | 16.6B+59.5% | 10.4B-1.5% | 10.5B+9.5% | 9.64B+4.4% | ||
| Property, plant & equipment | 589M+15.1% | 512M+24.2% | 412M+3.9% | 396M-1.2% | 401M+1.4% | |
| Operating lease right-of-use | 63.9M+0.2% | 63.8M+36.0% | 46.9M-23.7% | 61.5M-21.9% | 78.7M-23.6% | |
| Goodwill | 4.53B+0.3% | 4.51B+139.8% | 1.88B+2.7% | 1.83B+0.1% | 1.83B+0.6% | |
| Intangible assets | 1.68B-13.5% | 1.95B+901.2% | 195M+3.8% | 187M-16.6% | 225M-18.6% | |
| Other non-current assets | 141M+9.9% | 129M+11.7% | 115M+76.4% | 65.2M+21.4% | 53.7M+57.0% | |
| 6.84B-1.7% | 6.96B+31.0% | 5.31B-8.5% | 5.81B+10.2% | 5.27B+6.7% | ||
| Accounts payable | 155M+19.3% | 130M+24.4% | 104M+23.1% | 84.7M-19.9% | 106M+18.8% | |
| Deferred revenue | 69.4M+0.0% | 69.4M+38.2% | 50.2M+6.1% | 47.3M+23.2% | 38.4M+1.3% | |
| Short-term & current debt | 0.00-100.0% | 400M | 0.00-100.0% | 10.2M+17.2% | 8.70M+17.6% | |
| Current lease liability | 22.0M-2.2% | 22.5M+17.2% | 19.2M-5.4% | 20.3M-19.1% | 25.1M-13.1% | |
| Other current liabilities | 637M+15.4% | 552M+17.5% | 470M+18.8% | 395M+1.8% | 388M+15.3% | |
| 12.4B+0.0% | 12.4B+88.9% | 6.58B-6.7% | 7.05B+7.7% | 6.55B+4.3% | ||
| Long-term debt | 4.56B+0.2% | 4.55B+469.5% | 799M+0.1% | 798M+0.1% | 798M+0.1% | |
| Non-current lease liability | 52.2M-5.9% | 55.5M+13.3% | 49.0M-14.5% | 57.3M-23.4% | 74.8M-19.0% | |
| Operating lease liability (total) | 74.2M-4.9% | 78.0M+14.4% | 68.2M-12.1% | 77.6M-22.3% | 99.9M-17.6% | |
| Deferred tax liabilities | 543M+22.2% | 445M+417.1% | 86.0M-23.3% | 112M-32.3% | 166M-24.1% | |
| Other non-current liabilities | 307M-1.8% | 312M+31.8% | 237M+20.1% | 197M+6.8% | 185M-11.0% | |
| 3.74B-9.5% | 4.13B+8.6% | 3.80B+8.8% | 3.49B+13.2% | 3.09B+4.7% | ||
| Common stock | 3.60M+0.0% | 3.60M+0.0% | 3.60M+0.0% | 3.60M+0.0% | 3.60M+0.0% | |
| Additional paid-in capital | 1.98B+3.9% | 1.90B+9.9% | 1.73B+6.3% | 1.63B+5.2% | 1.55B+6.9% | |
| Retained earnings | 1.81B-20.7% | 2.28B+2.9% | 2.21B+9.4% | 2.02B+21.2% | 1.67B+15.5% | |
| Accumulated other comprehensive income | -49.9M+7.1% | -53.7M+63.0% | -145M+9.3% | -160M-19.4% | -134M-358.5% | |
| Total liabilities & equity | 16.2B-2.4% | 16.6B+59.5% | 10.4B-1.5% | 10.5B+9.5% | 9.64B+4.4% | |
| Common shares issued | 356M-1.4% | 361M+0.1% | 360M-0.1% | 361M+0.2% | 360M+0.0% | |
| Common shares outstanding | 356M-1.4% | 361M+0.1% | 360M-0.1% | 361M+0.2% | 360M+0.0% | |
| Shares outstanding (cover) | 356M-1.3% | 360M+0.0% | 360M-0.1% | 361M+0.2% | 360M+0.0% | |
| Cash Flow | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| 2.56B+34.5% | 1.90B+0.2% | 1.90B+11.2% | 1.71B+7.3% | 1.59B+26.1% | ||
| Depreciation & amortization | 443M+111.3% | 210M+18.7% | 177M-0.1% | 177M-7.9% | 192M-0.1% | |
| Intangible amortization | 300M+230.2% | 90.7M+85.1% | 49.0M+1.7% | 48.2M-17.0% | 58.1M-15.3% | |
| Share-based compensation | 96.1M-14.0% | 112M+83.0% | 61.1M-2.4% | 62.6M+18.6% | 52.8M+0.6% | |
| Deferred income taxes | 104M+756.3% | -15.8M+47.0% | -29.8M+32.3% | -44.0M-2013.0% | 2.30M+111.0% | |
| Change in receivables | 106M-19.1% | 131M+215.7% | -113M-183.3% | 136M-11.9% | 154M-43.5% | |
| -1.15B+65.7% | -3.36B-1186.6% | -261M-223.2% | 212M+114.1% | -1.51B-226.8% | ||
| Capital expenditure | 235M+22.5% | 192M+18.8% | 161M+12.9% | 143M+6.9% | 134M+13.0% | |
| Free cash flow | 2.32B+35.8% | 1.71B-1.6% | 1.74B+11.1% | 1.56B+7.4% | 1.46B+27.5% | |
| Acquisitions | 400K-100.0% | 2.97B+1324.6% | 208M+7614.8% | 2.70M-89.2% | 24.9M+27.7% | |
| Proceeds from sale of PP&E | — | 0.00 | 0.00-100.0% | 16.7M+1291.7% | 1.20M-68.4% | |
| -2.65B-215.7% | 2.29B+222.3% | -1.87B-163.5% | -711M+27.4% | -979M-53.9% | ||
| Long-term debt issued | 0.00-100.0% | 4.18B | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 400M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 611M+484.7% | 105M-38.2% | 169M | 0.00-100.0% | 145M-6.7% | |
| Dividends paid | 1.59B+9.7% | 1.45B+10.1% | 1.32B+11.9% | 1.18B+17.5% | 1000M+10.0% | |
| Net change in cash | -1.25B-249.2% | 837M+452.0% | -238M-119.7% | 1.21B+234.8% | -895M-647.9% | |
| Interest paid | 268M+613.6% | 37.5M+3.6% | 36.2M+1.4% | 35.7M+0.6% | 35.5M+1.7% | |
| Income taxes paid | 310M-39.4% | 512M-5.0% | 540M+2.6% | 526M+32.2% | 398M-5.6% | |
| Valuation Ratios | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| Market cap | 34.7B-38.9% | 56.9B+31.4% | 43.3B+14.4% | 37.8B-15.1% | 44.6B+22.3% | |
| P/E | 21.2×-35.1% | 32.7×+27.7% | 25.6×+5.4% | 24.3×-24.1% | 32.0×-7.4% | |
| P/S | 5.5×-47.5% | 10.5×+27.5% | 8.2×+6.3% | 7.7×-21.2% | 9.8×+4.0% | |
| P/B | 8.7×-37.3% | 13.8×+21.4% | 11.4×+5.1% | 10.8×-25.0% | 14.4×+18.0% | |
| P/FCF | 16.6×-53.1% | 35.4×+42.1% | 24.9×+3.0% | 24.2×-20.9% | 30.6×-4.5% | |
| Earnings yield | 4.7%+54.0% | 3.1%-21.7% | 3.9%-5.1% | 4.1%+31.7% | 3.1%+7.9% | |
| FCF yield | 6.0%+113.0% | 2.8%-29.6% | 4.0%-2.9% | 4.1%+26.5% | 3.3%+4.7% | |
| Dividend yield | 4.6%+79.4% | 2.5%-16.2% | 3.0%-2.2% | 3.1%+38.9% | 2.2%-10.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PAYX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PAYX filings on SEC EDGAR → Not investment advice.