Craft

Paychex

Stock Price

$119.9

2024-02-05

Market Capitalization

$42.8 B

2024-01-11

Revenue

$5 B

FY, 2023

Paychex Summary

Company Summary

Overview
Paychex is a human capital management (HCM) software and services company. It offers payroll processing, payroll tax administration, employee payment, regulatory compliance, HR administration, HR consulting and other solutions to small- and medium-sized businesses.
Type
Public
Status
Active
Founded
1971
HQ
Rochester, NY, US | view all locations
Website
https://www.paychex.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • John Gibson

    John Gibson, President and Chief Executive Officer, Director

  • Stephanie Schaeffer

    Stephanie Schaeffer, Vice President, Chief Legal and Ethics Officer, and Secretary

  • Bradley Schaufenbuel

    Bradley Schaufenbuel, Vice President and Chief Information Security Officer

  • Bob Schrader

    Bob Schrader, Senior Vice President and Chief Financial Officer

Operating MetricsView all

Facility Space Owned, sq. ft.

862K
17.3%

FY, 2023

Average Client Funds Balances

$5.4B
64.7%

Q2, 2024

Enterprise Customers

740K
1.4%

FY, 2023

LocationsView all

17 locations detected

  • Rochester, NY HQ

    United States

    911 Panorama Trail S

  • Albuquerque, NM

    United States

    4500 Alexander Blvd NE Suite 100

  • Allentown, PA

    United States

    1550 Pond Rd #302, 202

  • Auburn, ME

    United States

    126 Merrow Rd

  • Baton Rouge, LA

    United States

    4324 S Sherwood Forest Blvd #125

  • Denver, CO

    United States

    4300 Kittredge St #100

and 11 others

Paychex Financials

Summary Financials

Revenue (Q2, 2024)
$1.3B
Gross profit (Q2, 2024)
$893.8M
Net income (Q2, 2024)
$392.7M
Cash (Q2, 2024)
$1.4B
EBIT (Q2, 2024)
$506.2M
Enterprise value
$42.3B

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