Last 7 days
-2.9%
Last 30 days
-7.5%
Last 90 days
1.8%
Trailing 12 Months
-0.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-28 | GOLISANO B THOMAS | gifted | -86,578 | 120 | -716 | - |
2023-08-07 | DOODY JOSEPH | acquired | - | - | 739 | - |
2023-08-01 | Gioja Michael E | sold | -5,724,630 | 124 | -45,810 | sr. vice president |
2023-08-01 | Gioja Michael E | acquired | 2,538,410 | 113 | 22,401 | sr. vice president |
2023-08-01 | Schrader Robert L. | sold (taxes) | -26,923 | 125 | -214 | vp/controller |
2023-07-28 | MUCCI MARTIN | gifted | -7,913,450 | 126 | -62,547 | - |
2023-07-17 | RIVERA EFRAIN | sold | -2,433,730 | 120 | -20,249 | sr. vice president, cfo |
2023-07-17 | RIVERA EFRAIN | acquired | 1,192,950 | 73.53 | 16,224 | sr. vice president, cfo |
2023-07-15 | Gioja Michael E | acquired | - | - | 12,615 | sr. vice president |
2023-07-15 | VELLI JOSEPH M | acquired | - | - | 765 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-26 | M Holdings Securities, Inc. | sold off | -100 | -297,000 | - | -% |
2023-09-26 | DecisionPoint Financial, LLC | unchanged | - | -1,154 | 47,433 | 0.03% |
2023-09-21 | Baystate Wealth Management LLC | added | 2.24 | -367 | 158,658 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 80.53 | 52,678,000 | 121,769,000 | 0.08% |
2023-09-14 | IMS Capital Management | added | 0.31 | -37,875 | 1,793,390 | 1.00% |
2023-09-13 | CGC Financial Services, LLC | new | - | 7,831 | 7,831 | -% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -26.21 | -39,608 | 102,025 | 0.02% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 26,066 | 26,066 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | -85.00 | 3,468 | -% |
2023-09-05 | Covenant Partners, LLC | unchanged | - | -32,485 | 1,336,060 | 0.48% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 8.54% | 30,787,344 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.6% | 30,829,500 | SC 13G | |
Feb 02, 2023 | golisano b thomas | 10.5% | 37,835,955 | SC 13G | |
Feb 10, 2022 | vanguard group inc | 8.07% | 29,121,393 | SC 13G/A | |
Feb 03, 2022 | golisano b thomas | 10.% | 3 | SC 13G | |
Feb 01, 2022 | blackrock inc. | 8.4% | 30,380,253 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 7.41% | 26,739,244 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 8.8% | 31,661,171 | SC 13G/A | |
Jan 25, 2021 | golisano b thomas | 10.% | 37 | SC 13G/A | |
Feb 12, 2020 | vanguard group inc | 7.54% | 27,049,108 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 08, 2023 | 8-K | Current Report | |
Sep 05, 2023 | 8-K | Current Report | |
Sep 01, 2023 | ARS | ARS | |
Sep 01, 2023 | DEF 14A | DEF 14A | |
Sep 01, 2023 | DEFA14A | DEFA14A | |
Aug 28, 2023 | 4 | Insider Trading | |
Aug 09, 2023 | 4 | Insider Trading | |
Aug 02, 2023 | 4 | Insider Trading | |
Aug 02, 2023 | 4 | Insider Trading | |
Aug 01, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MA | 374.0B | 23.6B | -1.86% | 36.29% | 36.56 | 15.86 | 13.06% | 5.47% |
PAYX | 40.6B | 5.0B | -7.51% | -0.48% | 26.09 | 8.12 | 8.57% | 11.81% |
IT | 27.7B | 5.7B | 2.19% | 27.38% | 30.03 | 4.83 | 12.68% | 25.63% |
SQ | 27.2B | 19.7B | -19.78% | -17.23% | -100.55 | 1.38 | 20.89% | 45.06% |
BAH | 14.2B | 9.7B | -5.42% | 17.36% | 48.17 | 1.47 | 12.05% | -42.51% |
MID-CAP | ||||||||
G | 6.6B | 4.4B | -0.71% | -16.39% | 16.17 | 1.5 | - | - |
DXC | 5.5B | 14.2B | -1.02% | -13.92% | 7.64 | 0.37 | -10.50% | -216.97% |
WU | 4.9B | 4.4B | 8.72% | -3.78% | 6.47 | 1.11 | -9.80% | -15.47% |
VRRM | 2.8B | 780.1M | -3.08% | 20.74% | 36.7 | 3.6 | 13.07% | -11.13% |
SMALL-CAP | ||||||||
RPAY | 661.6B | 290.5M | -19.17% | 3.63% | -20.8K | 2.3K | 12.47% | -281.17% |
CNDT | 733.3M | 3.8B | 6.33% | -1.18% | -2.22 | 0.19 | -4.55% | -409.35% |
HCKT | 635.2M | 290.5M | 2.86% | 31.90% | 17.18 | 2.19 | -1.10% | -18.53% |
UIS | 265.7M | 2.0B | -15.03% | -57.12% | -2.51 | 0.13 | 1.13% | -9.87% |
III | 215.8M | 296.1M | -10.28% | -6.71% | 13.78 | 0.73 | 4.29% | -12.43% |
14.0%
12.3%
11.6%
15.4%
36.9%
19.2%
18.5%
Y-axis is the maximum loss one would have experienced if Paychex was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.7% | 5,007 | 4,922 | 4,817 | 4,735 | 4,612 | 4,497 | 4,332 | 4,208 | 4,057 | 3,943 | 3,974 | 3,981 | 4,041 | 4,106 | 4,034 | 3,902 | 3,773 | 3,638 | 3,504 | 3,448 | 3,378 |
Costs and Expenses | 0.9% | 2,974 | 2,948 | 2,892 | 2,842 | 2,772 | 2,697 | 2,627 | 2,588 | 2,596 | 2,536 | 2,566 | 2,585 | 2,580 | 2,619 | 2,584 | 2,572 | 2,401 | - | - | - | 2,086 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,630 | 2,599 | 2,502 | 2,401 | 2,279 | 2,205 | 2,153 | 2,086 |
S&GA Expenses | 1.1% | 1,521 | 1,505 | 1,470 | 1,448 | 1,415 | 1,385 | 1,338 | 1,311 | 1,325 | 1,289 | 1,307 | 1,323 | 1,299 | 1,319 | 1,303 | 1,264 | 1,223 | 1,158 | 1,137 | 1,101 | 1,068 |
EBITDA | -100.0% | - | 2,155 | 2,096 | 2,063 | 2,016 | 1,972 | 1,878 | 1,790 | 1,662 | 1,612 | 1,618 | 1,613 | 1,686 | 1,709 | 1,675 | 1,606 | 1,567 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.44* | 0.44* | 0.44* | 0.44* | 0.44* | 0.43* | 0.43* | 0.41* | 0.41* | 0.41* | 0.41* | 0.42* | 0.42* | 0.42* | 0.41* | 0.42* | - | - | - | - |
Earnings Before Taxes | 3.8% | 2,048 | 1,973 | 1,910 | 1,873 | 1,825 | 1,782 | 1,690 | 1,602 | 1,434 | 1,380 | 1,382 | 1,369 | 1,437 | 1,456 | 1,417 | 1,390 | 1,368 | 1,362 | 1,308 | 1,303 | 1,300 |
EBT Margin | -100.0% | - | 0.40* | 0.40* | 0.40* | 0.40* | 0.40* | 0.39* | 0.38* | 0.35* | 0.35* | 0.35* | 0.34* | 0.36* | 0.35* | 0.35* | 0.36* | 0.36* | 0.37* | 0.38* | - | - |
Net Income | 3.6% | 1,557 | 1,503 | 1,467 | 1,438 | 1,393 | 1,860 | 1,780 | 1,720 | 1,098 | 1,055 | 1,059 | 1,046 | 1,098 | 1,108 | 1,078 | 1,055 | 1,034 | 1,022 | 1,064 | 1,027 | 994 |
Net Income Margin | -100.0% | - | 0.31* | 0.30* | 0.30* | 0.30* | 0.30* | 0.30* | 0.29* | 0.27* | 0.27* | 0.27* | 0.26* | 0.27* | 0.27* | 0.27* | 0.27* | 0.27* | 0.28* | 0.28* | - | - |
Free Cashflow | -100.0% | - | 1,497 | 1,502 | 1,351 | 1,373 | 1,431 | 1,260 | 1,307 | 1,146 | 1,137 | 1,185 | 1,240 | 1,314 | 1,174 | 1,216 | 1,167 | 1,148 | 1,190 | 1,135 | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.5% | 10,546 | 10,604 | 9,214 | 9,126 | 9,635 | 10,284 | 9,688 | 9,367 | 9,227 | 9,666 | 8,615 | 8,377 | 8,551 | 9,467 | 8,702 | 8,638 | 8,676 | 10,363 | 7,002 | 7,050 | 7,915 |
Current Assets | -0.9% | 7,528 | 7,595 | 6,198 | 6,085 | 6,582 | 7,237 | 6,632 | 6,317 | 6,170 | 6,622 | 5,592 | 5,340 | 5,465 | 6,389 | 5,628 | 5,556 | 5,678 | 7,292 | 5,290 | 5,076 | 5,894 |
Cash Equivalents | -7.2% | 1,222 | 1,317 | 1,097 | 1,184 | 370 | 268 | 636 | 1,102 | 995 | 787 | 694 | 836 | 1,660 | 780 | 601 | 586 | 935 | 696 | 511 | 440 | 2,301 |
Net PPE | 2.9% | 396 | 385 | 393 | 398 | 401 | 400 | 399 | 395 | 396 | 393 | 392 | 396 | 407 | 404 | 402 | 403 | 409 | 405 | 394 | 389 | 394 |
Goodwill | 0.0% | 1,834 | 1,834 | 1,830 | 1,825 | 1,832 | 1,832 | 1,832 | 1,817 | 1,821 | 1,820 | 1,799 | 1,797 | 1,791 | 1,790 | 1,786 | 1,783 | 1,783 | 1,782 | 811 | 813 | 814 |
Liabilities | -2.1% | 7,053 | 7,203 | 6,009 | 5,989 | 6,550 | 6,998 | 6,568 | 6,324 | 6,279 | 6,690 | 5,726 | 5,598 | 5,769 | 6,707 | 6,132 | 6,119 | 6,057 | 7,765 | 4,578 | 4,663 | 5,559 |
Current Liabilities | -2.6% | 5,805 | 5,958 | 4,754 | 4,702 | 5,269 | 5,688 | 5,222 | 4,958 | 4,938 | 5,356 | 4,380 | 4,263 | 4,427 | 5,390 | 4,824 | 4,824 | 4,845 | 6,550 | 4,307 | 4,397 | 5,297 |
Short Term Borrowings | 0% | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 9.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 5.00 | 51.00 | 51.00 | 57.00 | - | 54.00 | 57.00 | 57.00 | - |
LT Debt, Non Current | 0.0% | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 796 | 800 | - | - | - |
Shareholder's Equity | 2.7% | 3,493 | 3,401 | 3,205 | 3,137 | 3,085 | 3,286 | 3,120 | 3,044 | 2,948 | 2,976 | 2,890 | 2,779 | 2,781 | 2,760 | 2,569 | 2,519 | 2,620 | 2,598 | 2,425 | 2,387 | 2,357 |
Retained Earnings | 1.5% | 2,023 | 1,994 | 1,811 | 1,736 | 1,670 | 1,799 | 1,607 | 1,513 | 1,446 | 1,499 | 1,419 | 1,370 | 1,431 | 1,433 | 1,301 | 1,265 | 1,410 | 1,426 | 1,303 | 1,268 | 1,263 |
Additional Paid-In Capital | 1.1% | 1,626 | 1,608 | 1,589 | 1,569 | 1,546 | 1,531 | 1,506 | 1,482 | 1,447 | 1,416 | 1,394 | 1,325 | 1,290 | 1,278 | 1,253 | 1,224 | 1,206 | 1,188 | 1,166 | 1,151 | 1,127 |
Shares Outstanding | 0% | 361 | 361 | 361 | 360 | 360 | 361 | 361 | 360 | 360 | 361 | 360 | 359 | 359 | 359 | 358 | 359 | 359 | 359 | 359 | 359 | 359 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 4.4% | 1,699 | 1,627 | 1,636 | 1,484 | 1,506 | 1,558 | 1,385 | 1,431 | 1,260 | 1,259 | 1,307 | 1,361 | 1,441 | 1,301 | 1,339 | 1,293 | 1,272 | 1,310 | 1,254 | 1,207 | 1,276 |
Share Based Compensation | 5.0% | 63.00 | 60.00 | 56.00 | 55.00 | 53.00 | 54.00 | 53.00 | 52.00 | 53.00 | 49.00 | 49.00 | 50.00 | 47.00 | 49.00 | 47.00 | 46.00 | 46.00 | 49.00 | 48.00 | 47.00 | 45.00 |
Cashflow From Investing | 99.4% | 219 | 110 | 92.00 | -175 | -1,420 | -1,028 | -421 | -246 | -460 | -192 | -283 | -9.10 | 772 | -725 | -1,116 | -1,239 | -1,628 | 26.00 | 1,803 | 1,866 | 999 |
Cashflow From Financing | 38.9% | -711 | -1,164 | -1,727 | -1,577 | -979 | -791 | -476 | -465 | -636 | -1,086 | -1,305 | -1,457 | -1,488 | -2,209 | -269 | -311 | -1,008 | 1,371 | -2,111 | -1,951 | -423 |
Dividend Payments | 3.2% | 1,175 | 1,139 | 1,093 | 1,046 | 1,000 | 953 | 938 | 924 | 909 | 893 | 892 | 891 | 889 | 890 | 868 | 847 | 827 | 805 | 784 | 762 | 740 |
Buy Backs | - | - | - | - | - | 145 | - | - | - | 156 | 76.00 | 29.00 | 29.00 | 172 | 196 | 196 | 196 | 57.00 | 82.00 | 82.00 | 82.00 | 143 |
Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
May 31, 2023 | May 31, 2022 | May 31, 2021 | |
Revenue: | |||
Total service revenue | $ 4,907.3 | $ 4,554.0 | $ 3,997.5 |
Interest on funds held for clients | 99.8 | 57.7 | 59.3 |
Total revenue | 5,007.1 | 4,611.7 | 4,056.8 |
Expenses: | |||
Cost of service revenue | 1,453.0 | 1,356.3 | 1,271.2 |
Selling, general and administrative expenses | 1,521.0 | 1,415.4 | 1,324.9 |
Total expenses | 2,974.0 | 2,771.7 | 2,596.1 |
Operating income | 2,033.1 | 1,840.0 | 1,460.7 |
Other income/(expense), net | 15.1 | (15.4) | (26.5) |
Income before income taxes | 2,048.2 | 1,824.6 | 1,434.2 |
Income taxes | 490.9 | 431.8 | 336.7 |
Net income | 1,557.3 | 1,392.8 | 1,097.5 |
Other comprehensive loss, net of tax | (26.0) | (185.7) | (4.7) |
Comprehensive income | $ 1,531.3 | $ 1,207.1 | $ 1,092.8 |
Basic earnings per share | $ 4.32 | $ 3.86 | $ 3.05 |
Diluted earnings per share | $ 4.30 | $ 3.84 | $ 3.03 |
Weighted-average common shares outstanding | 360.4 | 360.6 | 359.9 |
Weighted-average common shares outstanding, assuming dilution | 362.3 | 363.1 | 362.1 |
Management Solutions [Member] | |||
Revenue: | |||
Total service revenue | $ 3,730.5 | $ 3,442.7 | $ 3,023.4 |
PEO And Insurance Solutions [Member] | |||
Revenue: | |||
Total service revenue | $ 1,176.8 | $ 1,111.3 | $ 974.1 |
Consolidated Balance Sheets - USD ($) $ in Millions | May 31, 2023 | May 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 1,222.0 | $ 370.0 |
Restricted cash | 49.8 | 50.3 |
Corporate investments | 373.4 | 853.9 |
Interest receivable | 24.4 | 22.3 |
Accounts receivable, net of allowance for credit losses | 873.3 | 723.8 |
PEO unbilled receivables, net of advance collections | 528.5 | 572.1 |
Prepaid income taxes | 48.1 | 34.0 |
Prepaid expenses and other current assets | 289.8 | 272.3 |
Current assets before funds held for clients | 3,409.3 | 2,898.7 |
Funds held for clients | 4,118.8 | 3,682.9 |
Total current assets | 7,528.1 | 6,581.6 |
Long-term restricted cash | 25.5 | |
Long-term corporate investments | 3.8 | 5.0 |
Property and equipment, net of accumulated depreciation | 396.3 | 401.3 |
Operating lease right-of-use assets, net of accumulated amortization | 61.5 | 78.7 |
Intangible assets, net of accumulated amortization | 187.4 | 224.6 |
Goodwill | 1,834.0 | 1,831.5 |
Long-term deferred costs | 470.1 | 433.3 |
Other long-term assets | 65.2 | 53.7 |
Total assets | 10,546.4 | 9,635.2 |
Liabilities | ||
Accounts payable | 84.7 | 105.7 |
Accrued corporate compensation and related items | 209.9 | 225.4 |
Accrued worksite employee compensation and related items | 763.9 | 683.4 |
Short-term borrowings | 10.2 | 8.7 |
Deferred revenue | 47.3 | 38.4 |
Other current liabilities | 395.4 | 388.4 |
Current liabilities before client fund obligations | 1,511.4 | 1,450.0 |
Client fund obligations | 4,294.0 | 3,819.2 |
Total current liabilities | 5,805.4 | 5,269.2 |
Accrued income taxes | 83.0 | 58.1 |
Deferred income taxes | 112.1 | 165.5 |
Long-term borrowings, net of debt issuance costs | 798.2 | 797.7 |
Operating lease liabilities | 57.3 | 74.8 |
Other long-term liabilities | 197.2 | 184.7 |
Total liabilities | 7,053.2 | 6,550.0 |
Commitments and contingencies - Note P | ||
Stockholders' equity | ||
Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 360.5 shares as of May 31, 2023 and 359.9 shares as of May 31, 2022 | 3.6 | 3.6 |
Additional paid-in capital | 1,626.4 | 1,545.9 |
Retained earnings | 2,023.1 | 1,669.6 |
Accumulated other comprehensive loss | (159.9) | (133.9) |
Total stockholders' equity | 3,493.2 | 3,085.2 |
Total liabilities and stockholders' equity | $ 10,546.4 | $ 9,635.2 |