Paychex Stock (NASDAQ:PAYX)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$140.79

52W Range

$106.27 - $142.04

50D Avg

$129.38

200D Avg

$123.62

Market Cap

$50.64B

Avg Vol (3M)

$1.76M

Beta

0.99

Div Yield

$3.92 (2.66%)

PAYX Company Profile


Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

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Industry

Staffing & Employment Services

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

US

Employees

16,000

IPO Date

Aug 26, 1983

Website

PAYX Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceMay 24May 23May 22
Management Solutions$3.87B$3.73B$3.44B
Peo And Insurance Solutions$1.27B$1.18B$1.11B

Fiscal year ends in Dec 23 | Currency in USD

PAYX Financial Summary


Dec 23May 23May 22
Revenue$5.28B$5.01B$4.61B
Operating Income$2.17B$2.03B$1.84B
Net Income$1.69B$1.56B$1.39B
EBITDA$2.35B$2.21B$2.03B
Basic EPS$4.69$4.32$3.86
Diluted EPS$4.67$4.30$3.84

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q1 25Oct 01, 24 | 12:50 PM
Q4 24Jun 26, 24 | 1:09 PM
Q3 24Apr 02, 24 | 1:06 PM

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