Paychex Inc (PAYX) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing s...
Paychex Inc's revenue increased 5.6% year over year, from $5.28B to $5.57B.
Net income decreased 2.0% over the same period, from $1.69B to $1.66B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 89% in total.
Total debt increased by 458.8% to $4.57B.
The debt-to-equity ratio stands at 1.11, indicating a elevated leverage profile.
Operating cash flow grew 0.2% to $1.90B.
Paychex Inc maintains a strong net profit margin of 29.7%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q1 FY2024 | $1.29B-66.0% | $419.2M | $925.8M | $536.3M | $655.8M | $12.20B | $812.0M | $3.59B |
| Q2 FY2024 | $2.54B+97.8% | $811.9M | $1.82B | $1.04B | $1.00B | $12.05B | $812.0M | $3.52B |
| Q1 FY2025 | $1.32B-48.2% | $427.4M | $938.5M | $546.7M | $546.1M | $10.49B | $817.6M | $3.85B |
| Q2 FY2025 | $2.64B+99.9% | $840.8M | $1.88B | $1.08B | $841.1M | $10.55B | $817.1M | $3.93B |
| Q3 FY2025 | $4.14B+57.3% | $1.36B | $3.00B | $1.78B | $1.56B | $11.22B | $816.6M | $4.12B |
| Q1 FY2026 | $1.54B-62.8% | $383.8M | $1.13B | $541.9M | $718.4M | $16.66B | $4.57B | $3.97B |
| Q2 FY2026 | $3.10B+101.1% | $779.2M | $2.27B | $1.11B | $1.16B | $16.52B | $4.57B | $3.88B |
| Q3 FY2026 | $4.91B+58.4% | $1.34B | $3.65B | $1.91B | $1.98B | $17.51B | $4.55B | $4.01B |
Balance Sheet Summary (Latest Period)
Total Assets
$16.56B
Total Liabilities
$12.44B
Total Equity
$4.13B
Cash & Equivalents
$1.63B
Total Debt
$4.57B
Current Assets
$8.92B
Current Liabilities
$6.96B
Retained Earnings
$2.28B