Revenue segments as reported by the company.

Service revenue

Interest on funds held for clients

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

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

Selling, general and administrative expenses

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Year over year growth in Revenue and Operating Expenses.

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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

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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q1 2025

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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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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.

Besides a brief dividend freeze during the COVID-19 pandemic, Paychex has been an excellent dividend grower over the years. The company's revenue fell just short of the analyst consensus in fiscal Q2 while adjusted diluted EPS topped expectations. Paychex's effective credit rating would be a BBB+ per Dividend Kings.

Paychex: A Dividend Grower Priced At A Discount

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The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF, with a few minor twists. The portfolio returned -2.01% in January, underperforming the S&P 500 by 3.69%.

4 Factor Dividend Growth Portfolio - Holding Steady

Capgemini SE

Investors looking for stocks in the Outsourcing sector might want to consider either Cap Gemini SA (CGEMY) or Paychex (PAYX). But which of these two companies is the best option for those looking for undervalued stocks?

CGEMY or PAYX: Which Is the Better Value Stock Right Now?

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, January marks the 34th consecutive month of job growth for U.S. small businesses. Wage growth for workers continues to stabilize in the new year with hourly earnings growth remaining essentially unchanged since November at 3.47%. “As we begin 2024, job growth in small businesses is continuing at a steady pace,” says John Gibson, Paychex president and CEO. “Nationally, wage growth remains stable despite 6.

Job Gains Continue Among U.S. Small Businesses to Start 2024

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today announced a quarterly dividend of $.89 per share payable February 27, 2024. The dividend is available to shareholders of record as of February 13, 2024. Paychex also announced that the company's board of directors have authorized the purchase of up to $400 million of its common stock beginning.

Paychex Declares Quarterly Dividend and Authorizes $400 Million Stock Repurchase

Paychex (PAYX) gains from diverse service offerings and shareholder-friendly policies.

Here's Why Paychex (PAYX) is an Attractive Pick Right Now

PAYX is a buy due to its potential for industry growth and consistent profitability. The company provides HCM and benefit-related services to small and medium businesses, with a focus on its scalable Paychex Flex platform. PAYX has a strong track record of generating cash flow and distributing dividends and is currently trading at a cheap valuation compared to the market.

Paychex, Inc.: Cash Generating Machine Trading At Cheap Valuation

Investors looking for stocks in the Outsourcing sector might want to consider either Cap Gemini SA (CGEMY) or Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?

CGEMY vs. PAYX: Which Stock Should Value Investors Buy Now?

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, was named a winner in the 2024 BIG Innovation Awards, presented by the Business Intelligence Group. The award was received in recognition of the latest enhancements to the digital employee onboarding software within Paychex Flex®, the company's cloud-based SaaS solution. “Innovation is driving our s.

Paychex Wins 2024 BIG Innovation Award

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Investors need to be creative right now to find cheap stocks in the S&P 500.

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Paychex's (PAYX) top line is benefiting from a solid business model, diversified products and services and strategic acquisitions.

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

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has earned spots as a “Top Five” vendor solution from small and medium businesses in six HR system Voice of the Customer (VoC) categories. The company's evaluation is based directly on Paychex customer feedback for vendor satisfaction and user experience in the Sapient Insights Group's 2023-2024 HR.

Paychex Earns Top Awards In 6 Categories from Sapient Insights Group

Paycom Software

Paycom started paying a dividend last year. The company should be able to grow its payout in the coming years.

Dividend Investors Won't Want to Overlook This Beaten-Down Growth Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #labormarket--U.S. small businesses experienced job growth for all of 2023 and extended a cycle of consistent job growth for 33-straight months, according to December data from the Paychex Small Business Employment Watch. The Small Business Jobs Index closed the year at 101.21 (1.2% growth), while hourly earnings growth for U.S. workers in December (3.48%) was down from 4.93% in December of 2022. “As the Paychex Small Business Employment Watch has consistently shown all year.

U.S. Small Business Job Growth Continues as Wage Inflation Moderates to Close 2023

Paychex (PAYX) benefits from record-level client retention and a strong pipeline for its services.

Paychex (PAYX) Q2 Earnings Beat on Solid Segmental Performance

Paychex (PAYX) was Thursday's worst-performing stock in the S&P 500 after the payroll services provider missed revenue estimates, with demand squeezed by macroeconomic conditions.

Paychex's Revenue Was Hurt as Businesses Face High Costs and Tight Labor Market

That comment, made by Paychex Inc. Chief Executive John Gibson during a conference call with Wall Street analysts on Thursday, came after the Rochester, N.Y.-based human-resources-services company reported fiscal second-quarter profit that topped expectations but revenue that came up short amid cost and labor-market challenges.

Job market is softening and bankruptcies are rising, Paychex CEO says

Paychex's (PAYX) Q2 earnings and revenues grow year over year, courtesy of in-demand HR solutions.

Paychex (PAYX) Q2 Earnings Beat Estimates, Revenues Miss

Paychex, Inc. (PAYX) Q2 2024 Earnings Call Transcript

Dec 21 (Reuters) - Payroll services provider Paychex (PAYX.O) reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending its stock down 6%.

Paychex's quarterly revenue growth slows on weak client spending

While the top- and bottom-line numbers for Paychex (PAYX) give a sense of how the business performed in the quarter ended November 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Paychex (PAYX) Q2 Earnings: A Look at Key Metrics

Shares of the payroll services company are on track for their worst day in more than three years.

Paychex Stock Is Worst S&P 500 Performer After Mixed Earnings Report

Shares of Paychex Inc. PAYX, -0.72% shed 2% in premarket trading Thursday, after the human resources services company beat fiscal second-quarter profit expectations but came up a bit short on revenue, amid cost and labor market challenges. Net income for the quarter to Nov. 30 rose to $392.7 million, $1.08 a share, from $360.3 million, or 99 cents a share, in the year-ago period.

Paychex's stock falls after profit tops views but revenue comes up shy amid cost and labor challenges

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today announced the following results for the fiscal quarter ended November 30, 2023 (the "second quarter"), as compared to the corresponding prior-year period:     For the three months ended             For the six months ended               November 30,             November 30,           In millions, except per share amounts   2023     2022     Change(2)   2023     2022     Change(2) Total revenue.

Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results

Get a deeper insight into the potential performance of Paychex (PAYX) for the quarter ended November 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

News for Paychex Stock (PAYX)