Paychex Inc (PAYX)
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About
Business overview of Paychex Inc (PAYX)
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, founded in 1971, services over 745,000 clients and pays 1 in 12 US private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Key Insights
Critical company metrics and information
Share Price
$143.73Market Cap
$51.73 BillionTotal Outstanding Shares
359.90 Million SharesTotal Employees
16,500Dividend
$0.98 Per Share QuarterlyIPO Date
August 26, 1983SIC Description
Services-engineering, Accounting, Research, ManagementHomepage
https://www.paychex.com
Historical Stock Splits
Execution Date | Split Amount |
---|---|
No Historical Stock Splits |
Cash Flow Statement
September 1, 2023 to August 31, 2024
Metric | Value |
---|---|
Net Cash Flow From Financing Activities, Continuing | $-3.43 Billion |
Net Cash Flow | $-2.04 Billion |
Net Cash Flow From Operating Activities | $1.75 Billion |
Net Cash Flow, Continuing | $-2.04 Billion |
Net Cash Flow From Operating Activities, Continuing | $1.75 Billion |
Net Cash Flow From Investing Activities | $-357.70 Million |
Net Cash Flow From Investing Activities, Continuing | $-357.70 Million |
Net Cash Flow From Financing Activities | $-3.43 Billion |
Income Statement
September 1, 2023 to August 31, 2024
Metric | Value |
---|---|
Income Tax Expense/Benefit, Deferred | $-37.60 Million |
Operating Income/Loss | $2.18 Billion |
Costs And Expenses | $3.13 Billion |
Basic Earnings Per Share | $4.72 |
Diluted Earnings Per Share | $4.69 |
Operating Expenses | $1.63 Billion |
Diluted Average Shares | $1.09 Billion |
Selling, General, and Administrative Expenses | $1.63 Billion |
Revenues | $5.31 Billion |
Income/Loss From Continuing Operations After Tax | $1.70 Billion |
Net Income/Loss Attributable To Parent | $1.70 Billion |
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0.00 |
Preferred Stock Dividends And Other Adjustments | $0.00 |
Net Income/Loss | $1.70 Billion |
Basic Average Shares | $1.08 Billion |
Gross Profit | $3.81 Billion |
Benefits Costs and Expenses | $3.08 Billion |
Income Tax Expense/Benefit | $527.40 Million |
Income/Loss From Continuing Operations Before Tax | $2.23 Billion |
Net Income/Loss Attributable To Noncontrolling Interest | $0.00 |
Net Income/Loss Available To Common Stockholders, Basic | $1.70 Billion |
Cost Of Revenue | $1.50 Billion |
Interest Expense, Operating | $37.50 Million |
Balance Sheet
September 1, 2023 to August 31, 2024
Metric | Value |
---|---|
Assets | $10.49 Billion |
Intangible Assets | $187.70 Million |
Equity | $3.85 Billion |
Liabilities | $6.64 Billion |
Noncurrent Assets | $3.13 Billion |
Current Assets | $7.36 Billion |
Fixed Assets | $417.40 Million |
Wages | $120.80 Million |
Equity Attributable To Parent | $3.85 Billion |
Accounts Payable | $80.90 Million |
Current Liabilities | $5.34 Billion |
Liabilities And Equity | $10.49 Billion |
Other Current Liabilities | $5.14 Billion |
Noncurrent Liabilities | $1.29 Billion |
Other Non-current Assets | $2.52 Billion |
Equity Attributable To Noncontrolling Interest | $0.00 |
Historical Dividends
Current dividend: $0.98 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Oct 10, 2024 | Nov 27, 2024 | Nov 7, 2024 | $0.98 | Quarterly |
Jul 10, 2024 | Aug 29, 2024 | Aug 8, 2024 | $0.98 | Quarterly |
May 1, 2024 | May 30, 2024 | May 10, 2024 | $0.98 | Quarterly |
Jan 18, 2024 | Feb 27, 2024 | Feb 13, 2024 | $0.89 | Quarterly |
Oct 12, 2023 | Nov 28, 2023 | Nov 14, 2023 | $0.89 | Quarterly |
Jul 13, 2023 | Aug 24, 2023 | Aug 10, 2023 | $0.89 | Quarterly |
Apr 28, 2023 | May 25, 2023 | May 11, 2023 | $0.89 | Quarterly |
Jan 20, 2023 | Feb 23, 2023 | Feb 9, 2023 | $0.79 | Quarterly |
Oct 13, 2022 | Nov 23, 2022 | Nov 9, 2022 | $0.79 | Quarterly |
Jul 14, 2022 | Aug 25, 2022 | Aug 11, 2022 | $0.79 | Quarterly |
Apr 29, 2022 | May 26, 2022 | May 12, 2022 | $0.79 | Quarterly |
Jan 14, 2022 | Feb 24, 2022 | Jan 31, 2022 | $0.66 | Quarterly |
Oct 14, 2021 | Nov 29, 2021 | Nov 1, 2021 | $0.66 | Quarterly |
Jul 8, 2021 | Aug 26, 2021 | Aug 2, 2021 | $0.66 | Quarterly |
Apr 30, 2021 | May 27, 2021 | May 12, 2021 | $0.66 | Quarterly |
Jan 22, 2021 | Feb 25, 2021 | Feb 1, 2021 | $0.62 | Quarterly |
Oct 15, 2020 | Nov 24, 2020 | Nov 2, 2020 | $0.62 | Quarterly |
Jul 9, 2020 | Aug 27, 2020 | Aug 3, 2020 | $0.62 | Quarterly |
May 1, 2020 | May 28, 2020 | May 15, 2020 | $0.62 | Quarterly |
Jan 17, 2020 | Feb 20, 2020 | Feb 3, 2020 | $0.62 | Quarterly |
Oct 17, 2019 | Nov 21, 2019 | Nov 1, 2019 | $0.62 | Quarterly |
Jul 11, 2019 | Aug 22, 2019 | Aug 1, 2019 | $0.62 | Quarterly |
May 3, 2019 | May 30, 2019 | May 15, 2019 | $0.62 | Quarterly |
Jan 18, 2019 | Feb 15, 2019 | Feb 1, 2019 | $0.56 | Quarterly |
Oct 10, 2018 | Nov 15, 2018 | Nov 1, 2018 | $0.56 | Quarterly |
Jul 11, 2018 | Aug 23, 2018 | Aug 1, 2018 | $0.56 | Quarterly |
Apr 27, 2018 | May 24, 2018 | May 9, 2018 | $0.56 | Quarterly |
Jan 19, 2018 | Feb 15, 2018 | Feb 1, 2018 | $0.5 | Quarterly |
Oct 11, 2017 | Nov 15, 2017 | Nov 1, 2017 | $0.5 | Quarterly |
Jul 13, 2017 | Aug 24, 2017 | Aug 1, 2017 | $0.5 | Quarterly |
Apr 27, 2017 | May 25, 2017 | May 10, 2017 | $0.46 | Quarterly |
Jan 12, 2017 | Feb 15, 2017 | Feb 1, 2017 | $0.46 | Quarterly |
Oct 12, 2016 | Nov 22, 2016 | Nov 1, 2016 | $0.46 | Quarterly |
Jul 7, 2016 | Aug 25, 2016 | Aug 1, 2016 | $0.46 | Quarterly |
Apr 29, 2016 | May 23, 2016 | May 9, 2016 | $0.42 | Quarterly |
Jan 14, 2016 | Feb 16, 2016 | Feb 1, 2016 | $0.42 | Quarterly |
Oct 13, 2015 | Nov 19, 2015 | Nov 2, 2015 | $0.42 | Quarterly |
Jul 9, 2015 | Aug 20, 2015 | Aug 3, 2015 | $0.42 | Quarterly |
Apr 30, 2015 | May 21, 2015 | May 11, 2015 | $0.38 | Quarterly |
Jan 16, 2015 | Feb 17, 2015 | Feb 2, 2015 | $0.38 | Quarterly |
Oct 15, 2014 | Nov 20, 2014 | Nov 3, 2014 | $0.38 | Quarterly |
Jul 9, 2014 | Aug 15, 2014 | Aug 1, 2014 | $0.38 | Quarterly |
May 2, 2014 | May 23, 2014 | May 12, 2014 | $0.35 | Quarterly |
Jan 17, 2014 | Feb 17, 2014 | Feb 3, 2014 | $0.35 | Quarterly |
Oct 16, 2013 | Nov 15, 2013 | Nov 1, 2013 | $0.35 | Quarterly |
Jul 11, 2013 | Aug 15, 2013 | Aug 1, 2013 | $0.35 | Quarterly |
Dec 10, 2012 | Dec 28, 2012 | Dec 20, 2012 | $0.66 | Quarterly |
Oct 23, 2012 | Nov 15, 2012 | Nov 2, 2012 | $0.33 | Quarterly |
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