PAYX
Information Technology

Paychex, Inc.

PAYX
Since 1979

Headquarters:

NY, United States

Exchange:

NASDAQ

Industry:

Software - Application

Number of Employees:

16.00K

Current Fiscal Year:

2025

Market Cap:

53.48B

Price per Share:

$148.59

Quarterly Dividend per Share:

$0.98
Year-to-date Performance:
26.0626%
Dividend Yield:
2.52%
Price-to-book Ratio:
13.89
Trailing P/E Ratio:
31.48

Price History

Latest Prices

DateOpenHighLowClose
2024-11-06143.34149.259142.15148.59
2024-11-05140.07140.395139.325139.76
2024-11-04140.17140.44138.92139.68
2024-11-01139.14140.135138.02139.09
2024-10-31141.53142.01139.3139.33

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), 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 integrated HCM technology solutions and HR advisory services through both virtual and on-site availability of a professionally trained HR representative, as well as HR support to non-payroll clients through its HR Partner Plus solution; and retirement services administration, such as 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.

Financial Performance

2025 Revenue:5.31B

Detailed view of quarterly revenue

2025 Net Income:1.70B

Detailed view of quarterly net income

2025 Free Cash Flow:1.63B

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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