PAYX RSI Chart
Last 7 days
-2.8%
Last 30 days
-2.8%
Last 90 days
-2.1%
Trailing 12 Months
9.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 5.2B | 0 | 0 | 0 |
2023 | 4.9B | 5.0B | 5.1B | 5.2B |
2022 | 4.5B | 4.6B | 4.7B | 4.8B |
2021 | 3.9B | 4.1B | 4.2B | 4.3B |
2020 | 4.1B | 4.0B | 4.0B | 4.0B |
2019 | 3.6B | 3.8B | 3.9B | 4.0B |
2018 | 3.3B | 3.4B | 3.4B | 3.5B |
2017 | 3.1B | 3.2B | 3.2B | 3.2B |
2016 | 2.9B | 3.0B | 3.0B | 3.1B |
2015 | 2.7B | 2.7B | 2.8B | 2.8B |
2014 | 2.5B | 2.5B | 2.6B | 2.6B |
2013 | 2.3B | 2.3B | 2.4B | 2.4B |
2012 | 2.2B | 2.2B | 2.2B | 2.3B |
2011 | 2.1B | 2.1B | 2.1B | 2.2B |
2010 | 2.0B | 2.0B | 2.0B | 2.0B |
2009 | 2.1B | 2.1B | 2.0B | 2.0B |
2008 | 0 | 2.1B | 2.1B | 2.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Aug 24, 2024 | flaschen david j s | bought | 5,556 | 122 | 45.431 | - |
Apr 15, 2024 | vance beaumont | acquired | - | - | 1,235 | sr vp data, analytics, and ai |
Mar 05, 2024 | golisano b thomas | gifted | -88,856 | 122 | -723 | - |
Feb 07, 2024 | gioja michael e | acquired | 2,437,740 | 60.84 | 40,068 | sr. vice president |
Feb 07, 2024 | gioja michael e | sold | -4,883,890 | 121 | -40,068 | sr. vice president |
Jan 29, 2024 | bottini mark anthony | acquired | 645,558 | 41.7 | 15,481 | sr. vp of sales |
Jan 29, 2024 | bottini mark anthony | sold | -1,865,920 | 120 | -15,481 | sr. vp of sales |
Jan 12, 2024 | gibson john b | sold (taxes) | -23,106 | 119 | -193 | president and ceo |
Dec 28, 2023 | flaschen david j s | acquired | 1,596,490 | 99.5875 | 16,031 | - |
Dec 28, 2023 | flaschen david j s | sold | -1,920,310 | 119 | -16,031 | - |
Which funds bought or sold PAYX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 18, 2024 | FARMERS & MERCHANTS INVESTMENTS INC | unchanged | - | 24,583 | 818,094 | 0.03% |
Apr 18, 2024 | Diversified Trust Co | added | 146 | 1,830,150 | 3,021,370 | 0.09% |
Apr 18, 2024 | Capital Advisors, Ltd. LLC | reduced | -0.28 | 5,000 | 174,000 | 0.02% |
Apr 18, 2024 | Nikulski Financial, Inc. | new | - | 220,422 | 220,422 | 0.07% |
Apr 18, 2024 | MV CAPITAL MANAGEMENT, INC. | added | 2.56 | 1,066 | 19,648 | -% |
Apr 18, 2024 | Hexagon Capital Partners LLC | reduced | -2.26 | 403 | 53,050 | 0.01% |
Apr 18, 2024 | BKM Wealth Management, LLC | added | 13.34 | 207,174 | 1,436,270 | 0.62% |
Apr 18, 2024 | Measured Wealth Private Client Group, LLC | new | - | 202,374 | 202,374 | 0.07% |
Apr 18, 2024 | STATE OF MICHIGAN RETIREMENT SYSTEM | reduced | -0.31 | 318,792 | 11,798,300 | 0.06% |
Apr 18, 2024 | Aviance Capital Partners, LLC | new | - | 850,758 | 850,758 | 0.13% |
Unveiling Paychex Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Paychex Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 99.9B | 18.6B | 28.09 | 5.38 | ||||
CTAS | 67.1B | 9.4B | 44.63 | 7.13 | ||||
CPRT | 50.9B | 4.1B | 37.5 | 12.53 | ||||
EFX | 26.8B | 5.3B | 49.17 | 5.09 | ||||
BAH | 18.4B | 10.3B | 45.05 | 1.79 | ||||
ALLE | 11.0B | 3.7B | 20.27 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.4B | 6.4B | 17.98 | 1.16 | ||||
AL | 5.4B | 2.7B | 8.86 | 2.03 | ||||
SRCL | 4.6B | 2.7B | -216.9 | 1.74 | ||||
ABM | 2.8B | 8.2B | 10.9 | 0.34 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 1.5B | 83.32 | 1.25 | ||||
ALTG | 380.2M | 1.9B | 42.72 | 0.2 | ||||
ARC | 113.8M | 281.2M | 13.81 | 0.4 | ||||
AQMS | 54.9M | 1.1M | -2.29 | 49.78 | ||||
AWX | 8.8M | 80.5M | -4.9 | 0.11 |
Paychex Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 14.4% | 1,439 | 1,258 | 1,286 | 1,230 | 1,381 | 1,190 | 1,206 | 1,144 | 1,276 | 1,109 | 1,083 | 1,029 | 1,112 | 984 | 932 | 915 | 1,143 | 991 | 992 | 980 | 1,070 |
Cost Of Revenue | 4.3% | 380 | 364 | 360 | 370 | 373 | 359 | 351 | 360 | 352 | 332 | 313 | 316 | 328 | 320 | 307 | 292 | 340 | 323 | 325 | - | - |
Costs and Expenses | 5.0% | 790 | 752 | 750 | 776 | 769 | 718 | 711 | 750 | 713 | 668 | 640 | 675 | 643 | 629 | 648 | 616 | 673 | 649 | 643 | - | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 673 | 649 | 643 | 666 | 641 |
S&GA Expenses | 5.7% | 410 | 388 | 390 | 407 | 396 | 359 | 360 | 390 | 361 | 337 | 328 | 360 | 315 | 310 | 341 | 324 | 332 | 326 | 318 | 344 | 316 |
EBITDA Margin | 0.7% | 0.45* | 0.45* | 0.45* | 0.44* | 0.44* | 0.44* | 0.44* | 0.44* | 0.44* | 0.43* | 0.43* | 0.40* | 0.40* | 0.40* | 0.40* | 0.41* | 0.41* | 0.41* | - | - | - |
Income Taxes | 28.3% | 161 | 125 | 130 | 113 | 150 | 115 | 113 | 92.00 | 124 | 106 | 110 | 83.00 | 112 | 77.00 | 65.00 | 71.00 | 110 | 78.00 | 80.00 | 80.00 | 101 |
Earnings Before Taxes | 27.3% | 659 | 518 | 549 | 464 | 617 | 475 | 492 | 389 | 554 | 438 | 444 | 346 | 463 | 350 | 276 | 292 | 464 | 337 | 344 | 311 | 426 |
EBT Margin | 0.8% | 0.42* | 0.42* | 0.41* | 0.41* | 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* | - | - | - |
Net Income | 27.0% | 499 | 393 | 419 | 350 | 467 | 360 | 379 | 296 | 431 | 332 | 334 | 513 | 351 | 272 | 212 | 221 | 355 | 259 | 264 | 230 | 325 |
Net Income Margin | 0.8% | 0.32* | 0.32* | 0.31* | 0.31* | 0.31* | 0.30* | 0.30* | 0.30* | 0.36* | 0.35* | 0.35* | 0.33* | 0.27* | 0.27* | 0.26* | 0.27* | 0.27* | 0.27* | - | - | - |
Free Cashflow | 105.0% | 631 | 308 | 617 | 363 | 539 | 320 | 334 | 303 | 578 | 136 | 355 | 358 | 408 | 182 | 194 | 353 | 456 | 236 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 8.1% | 13,024 | 12,052 | 12,200 | 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 |
Current Assets | 10.8% | 9,886 | 8,924 | 9,089 | 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 |
Cash Equivalents | 232.5% | 4,533 | 1,363 | 1,646 | 1,222 | 1,317 | 1,097 | 1,184 | 928 | 268 | 636 | 1,102 | 995 | 787 | 694 | 836 | 1,660 | 780 | 601 | 586 | 935 | 696 |
Net PPE | 0.4% | 419 | 418 | 405 | 396 | 385 | 393 | 398 | 401 | 400 | 399 | 395 | 396 | 393 | 392 | 396 | 407 | 404 | 402 | 403 | 409 | 405 |
Goodwill | 0% | 1,882 | 1,882 | 1,881 | 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 |
Liabilities | 8.8% | 9,277 | 8,528 | 8,612 | 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 |
Current Liabilities | 10.3% | 8,001 | 7,254 | 7,344 | 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 |
Short Term Borrowings | 38.2% | 19.00 | 14.00 | 14.00 | 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 |
Long Term Debt | -100.0% | - | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 796 | 800 |
LT Debt, Non Current | 0.0% | 799 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 797 | 796 | 800 |
Shareholder's Equity | 6.3% | 3,747 | 3,524 | 3,588 | 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 |
Retained Earnings | 8.8% | 2,186 | 2,009 | 2,101 | 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 |
Additional Paid-In Capital | 1.4% | 1,703 | 1,679 | 1,666 | 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 |
Shares Outstanding | 0.1% | 360 | 360 | 361 | 361 | 361 | 360 | 360 | 360 | 361 | 361 | 360 | 360 | 360 | 360 | 359 | 359 | 359 | 358 | - | - | - |
Float | - | - | - | - | - | - | 31,621 | - | - | - | 30,609 | - | - | - | 29,976 | - | - | - | 27,531 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 92.7% | 672 | 349 | 656 | 409 | 570 | 355 | 364 | 337 | 613 | 170 | 386 | 390 | 440 | 216 | 215 | 388 | 488 | 270 | 295 | 249 | 526 |
Share Based Compensation | -2.0% | 14.00 | 15.00 | 16.00 | 17.00 | 16.00 | 15.00 | 14.00 | 14.00 | 13.00 | 14.00 | 12.00 | 14.00 | 13.00 | 12.00 | 13.00 | 11.00 | 13.00 | 13.00 | 11.00 | 13.00 | 11.00 |
Cashflow From Investing | 93.9% | -8.10 | -133 | 24.00 | -143 | -665 | -195 | 1,223 | -252 | -716 | -429 | -22.30 | 140 | -109 | -254 | -236 | 408 | -200 | 21.00 | 545 | -1,089 | -592 |
Cashflow From Financing | 157.3% | 308 | -537 | 1,069 | -492 | 833 | -241 | -809 | -945 | 270 | -91.20 | -211 | -758 | 585 | -79.60 | -382 | -1,208 | 365 | -231 | -413 | -1,929 | 2,304 |
Dividend Payments | 0.1% | 320 | 320 | 322 | 321 | 285 | 285 | 285 | 285 | 239 | 238 | 238 | 238 | 224 | 224 | 223 | 223 | 223 | 222 | 222 | 223 | 201 |
Buy Backs | -100.0% | - | 169 | - | - | - | - | - | - | - | - | - | 80.00 | 47.00 | - | 29.00 | - | - | - | 172 | 24.00 | - |
Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Feb. 29, 2024 | Feb. 28, 2023 | Feb. 29, 2024 | Feb. 28, 2023 | |
Revenue: | ||||
Total service revenue | $ 1,395.4 | $ 1,345.7 | $ 3,875.1 | $ 3,702.6 |
Interest on funds held for clients | 43.9 | 35.3 | 108.1 | 74.9 |
Total revenue | 1,439.3 | 1,381.0 | 3,983.2 | 3,777.5 |
Expenses: | ||||
Cost of service revenue | 379.8 | 372.9 | 1,104.1 | 1,083.2 |
Selling, general and administrative expenses | 409.7 | 396.2 | 1,186.8 | 1,114.5 |
Total expenses | 789.5 | 769.1 | 2,290.9 | 2,197.7 |
Operating income | 649.8 | 611.9 | 1,692.3 | 1,579.8 |
Other income, net | 9.4 | 5.5 | 33.9 | 4.8 |
Income before income taxes | 659.2 | 617.4 | 1,726.2 | 1,584.6 |
Income taxes | 160.6 | 150.0 | 415.7 | 377.7 |
Net income | 498.6 | 467.4 | 1,310.5 | 1,206.9 |
Other comprehensive income/(loss), net of tax | 22.0 | (5.9) | 14.7 | (70.3) |
Comprehensive income | $ 520.6 | $ 461.5 | $ 1,325.2 | $ 1,136.6 |
Basic earnings per share | $ 1.39 | $ 1.30 | $ 3.64 | $ 3.35 |
Diluted earnings per share | $ 1.38 | $ 1.29 | $ 3.62 | $ 3.33 |
Weighted-average common shares outstanding | 359.9 | 360.5 | 360.4 | 360.3 |
Weighted-average common shares outstanding, assuming dilution | 361.7 | 362.3 | 362.2 | 362.3 |
Management Solutions [Member] | ||||
Revenue: | ||||
Total service revenue | $ 1,049.9 | $ 1,024.5 | $ 2,936.1 | $ 2,825.3 |
PEO And Insurance Solutions [Member] | ||||
Revenue: | ||||
Total service revenue | $ 345.5 | $ 321.2 | $ 939.0 | $ 877.3 |
Consolidated Balance Sheets - USD ($) $ in Millions | Feb. 29, 2024 | May 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 1,693.6 | $ 1,222.0 |
Restricted cash | 41.0 | 49.8 |
Corporate investments | 36.6 | 373.4 |
Interest receivable | 22.8 | 24.4 |
Accounts receivable, net of allowance for credit losses | 1,088.6 | 873.3 |
PEO unbilled receivables, net of advance collections | 590.7 | 528.5 |
Prepaid income taxes | 21.0 | 48.1 |
Prepaid expenses and other current assets | 312.6 | 289.8 |
Current assets before funds held for clients | 3,806.9 | 3,409.3 |
Funds held for clients | 6,079.5 | 4,118.8 |
Total current assets | 9,886.4 | 7,528.1 |
Long-term corporate investments | 1.6 | 3.8 |
Property and equipment, net of accumulated depreciation | 419.1 | 396.3 |
Operating lease right-of-use assets, net of accumulated amortization | 58.9 | 61.5 |
Intangible assets, net of accumulated amortization | 204.9 | 187.4 |
Goodwill | 1,882.3 | 1,834.0 |
Long-term deferred costs | 476.1 | 470.1 |
Other long-term assets | 94.6 | 65.2 |
Total assets | 13,023.9 | 10,546.4 |
Liabilities | ||
Accounts payable | 94.0 | 84.7 |
Accrued corporate compensation and related items | 173.1 | 209.9 |
Accrued worksite employee compensation and related items | 903.8 | 763.9 |
Short-term borrowings | 18.8 | 10.2 |
Deferred revenue | 51.7 | 47.3 |
Other current liabilities | 518.0 | 395.4 |
Current liabilities before client fund obligations | 1,759.4 | 1,511.4 |
Client fund obligations | 6,241.4 | 4,294.0 |
Total current liabilities | 8,000.8 | 5,805.4 |
Accrued income taxes | 99.3 | 83.0 |
Deferred income taxes | 94.8 | 112.1 |
Long-term borrowings, net of debt issuance costs | 798.5 | 798.2 |
Operating lease liabilities | 51.5 | 57.3 |
Other long-term liabilities | 231.9 | 197.2 |
Total liabilities | 9,276.8 | 7,053.2 |
Commitments and contingencies - Note I | ||
Stockholders' equity | ||
Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 360.0 shares as of February 29, 2024 and 360.5 shares as of May 31, 2023 | 3.6 | 3.6 |
Additional paid-in capital | 1,702.5 | 1,626.4 |
Retained earnings | 2,186.2 | 2,023.1 |
Accumulated other comprehensive loss | (145.2) | (159.9) |
Total stockholders' equity | 3,747.1 | 3,493.2 |
Total liabilities and stockholders' equity | $ 13,023.9 | $ 10,546.4 |