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

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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

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EBITDA

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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.

Intuit

Workday

As the stock market stabilizes and inflation eases, it's a prime moment to uncover undervalued and overlooked stocks with potential. Better, the recent market turbulence has pushed some stocks to lower levels, presenting an opportune time to acquire them at discounted prices.

3 Overlooked Stocks to Bet On Now

Automatic Data Processing

Here we present two outsourcing stocks, Automatic Data Processing (ADP) and Paychex (PAYX), which have a solid five-year dividend growth history.

2 Outsourcing Stocks With Solid Dividend Yield You May Count On

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #SHRM23--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today released the results of its seventh Pulse of HR Report. The annual survey, which aims to understand the current and future state of the HR landscape, found that more than 75% of HR leaders at companies with 20-plus employees, and just over half (51%) at companies with 5-19 employees, plan to use artifi.

Over 75% of HR Leaders Will Use AI in the Next Year, According to New Paychex Research

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Expeditors International of Washington

Fastenal

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Home Depot

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Lam Research

Mastercard

Monolithic Power Systems

Merck

Rollins

Schwab US Dividend Equity ETF

Snap-on

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 gained 1.84% in May, outperforming the S&P 500 by 1.40%. Year-to-date the portfolio is up 6.66% and trailing the S&P 500 by 2.99%. Since inception, the portfolio is generating alpha over the S&P 500.

4 Factor Dividend Growth Portfolio - Passively Outpacing The Market

Goldman Sachs

Morgan Stanley

PNC Financial Services

Pioneer Natural Resources

State Street

Truist Financial

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The top 10 stocks on the watchlist offer a collective 5.08% dividend yield and have grown their dividends at a historical rate of 35.55% per year over the last five years. New stocks on the watchlist include Best Buy, Goldman Sachs, and Paychex, all of which appear undervalued based on dividend yield theory and have strong dividend growth histories.

My Top 10 High Yield Dividend Stocks For June 2023

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Paychex (PAYX) is a Top Growth Stock for the Long-Term

S&P Global

Hourly earnings growth for U.S. workers slows ROCHESTER, N.Y. , May 30, 2023 /PRNewswire/ -- The rate of small business job growth was unchanged from April for the month of May, according to the latest Paychex | IHS Markit Small Business Employment Watch.

Small Business Jobs Growth Holds Steady in May

Cloud-based SaaS solution, Paychex Flex, recognized as a Best Core HR/Workforce Solution   ROCHESTER, N.Y. , May 25, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management (HCM) software solutions for human resources, payroll, benefits, and insurance services, has again earned industry recognition for the company's cloud-based SaaS solution, Paychex Flex®.

Paychex Flex® Earns HR Tech Award from Lighthouse Research & Advisory

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

Paychex special report investigates Gen Z's growing impact on workforce in the U.S. ROCHESTER, N.Y. , May 18, 2023 /PRNewswire/ -- According to a new report from Paychex, Inc., Generation Z (born 1997-2012) participation in the small business workforce has surpassed Baby Boomers (born 1946-1964) and is the only segment in the labor market showing growth.

Gen Z Surpasses Baby Boomers in Small Business Workforce Participation

The donation aims to support the long-term financial health of America's youth ROCHESTER, N.Y. , May 17, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Junior Achievement USA ®, the nation's largest organization dedicated to providing young people the knowledge and skills they need for economic success, will receive a $1 million grant from the Paychex Charitable Foundation.

Paychex Charitable Foundation Commits $1 Million to Junior Achievement USA®

Skyworks Solutions

The 4-factor dividend growth portfolio was launched on November 1st, 2022, and despite weaker performance recently, it finished ahead of the S&P 500 total return at the half-year mark. The portfolio underperformed the S&P 500 Total Return by 397 bps during the month of April.

4-Factor Dividend Growth Portfolio - Half-Year Mark

Veteran financial industry executive to lead the company's customer experience ROCHESTER, N.Y. , May 15, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Elizabeth Roaldsen has joined the company as senior vice president of operations and customer experience.

Paychex Names Elizabeth Roaldsen as Senior Vice President of Operations and Customer Experience

Apple

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Warren Buffett held court again at Berkshire Hathaway's shareholder meeting. But his company could learn from some other S&P 500 companies.

16 Stocks Run Circles Around Warren Buffett Over The Long Haul

AGCO

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CapStar Financial Hlds

Lithia Motors

MetLife

Parker-Hannifin

SB Financial Group

Southern Company

Southern Co 5.25 % Notes 2017-01.12.77 Global Series 2017B

Sonoco Products

All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.2% and a median increase of 7.6%.

14 Upcoming Dividend Increases, Including One Dividend King

Small business job growth remains above pre-pandemic levels ROCHESTER, N.Y. , May 2, 2023 /PRNewswire/ -- Small business hourly earnings growth over the past 12 months declined again in April to 4.52 percent according to the Paychex | IHS Markit Small Business Employment Watch.

U.S. Small Business Hourly Earnings Growth Continues to Slow in April

Texas Instruments

The Nasdaq-100 Index is generally considered the de facto proxy for Nasdaq-listed stocks. So it makes sense to pick from this index if you're looking for the best blue-chip Nasdaq stocks.

The 3 Best Blue-Chip Nasdaq Stocks to Buy Now

This is the second of four investments planned by Paychex to support U.S. worker well-being ROCHESTER, N.Y. , May 1, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that the hunger relief organization Feeding America ®  will receive a $1 million grant from the Paychex Charitable Foundation.

Paychex Charitable Foundation Commits $1 Million to Feeding America®

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

Why Is Paychex (PAYX) Down 5% Since Last Earnings Report?

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX), a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that its board of directors approved a $.10 increase in the company's regular quarterly dividend, an increase of 13 percent. The dividend will increase from $.79 per share to $.89 per share and is payable May 25, 2023 to shareholders of record May 11, 2023. “Our board's decisio.

Paychex Declares a 13% Increase in Quarterly Dividend

T. Rowe Price Group

The 4-factor dividend growth portfolio was launched on November 1st, 2022, and despite a poor start to April the long term return is still attractive. The portfolio outperformed the S&P 500 Total Return by 29 bps during the month of March.

4-Factor Dividend Growth Portfolio - Sour Month

News for Paychex Stock (PAYX)