Paychex (PAYX) stock price, revenue, and financials

Paychex market cap is $36.4 b, and annual revenue was $4.04 b in FY 2020

$36.4 B

PAYX Mkt cap, 07-May-2021

$983.7 M

Paychex Revenue Q2, 2021
Paychex Gross profit (Q2, 2021)663.8 M
Paychex Gross profit margin (Q2, 2021), %67.5%
Paychex Net income (Q2, 2021)272.4 M
Paychex EBIT (Q2, 2021)354.3 M
Paychex Cash, 30-Nov-2020693.5 M
Paychex EV35.8 B

Paychex Revenue

Paychex revenue was $4.04 b in FY, 2020

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Paychex Revenue Breakdown

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Paychex revenue breakdown by business segment: 76.3% from Management Solutions, 21.6% from PEO and Insurance Services and 2.1% from Other

Paychex Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.2b3.4b3.8b4.0b

Revenue growth, %

7%7%12%

Cost of goods sold

919.6m1.0b1.2b1.3b

Gross profit

2.2b2.4b2.6b2.8b

Gross profit Margin, %

71%70%69%68%

General and administrative expense

992.1m1.1b1.2b1.3b

Operating expense total

992.1m1.1b1.2b1.3b

EBIT

1.2b1.3b1.4b1.5b

EBIT margin, %

39%38%36%36%

Interest expense

3.3m23.4m

Interest income

86.9m

Investment income

5.2m8.6m

Pre tax profit

1.2b1.3b1.4b1.4b

Income tax expense

427.5m362.4m333.6m77.5m

Net Income

817.3m933.7m1.0b1.1b

EPS

2.32.62.9

Paychex Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

184.6m358.2m673.6m905.2m

Accounts Receivable

507.5m531.4m826.8m384.1m

Prepaid Expenses

58.3m75.8m233.9m244.8m

Current Assets

5.3b5.8b5.7b5.5b

PP&E

337.2m393.5m408.7m407.4m

Goodwill

657.1m814.0m1.8b1.8b

Total Assets

6.8b7.5b8.7b8.6b

Accounts Payable

57.2m74.5m75.9m79.4m

Short-term debt

5.1m

Current Liabilities

4.7b5.3b4.8b4.4b

Long-term debt

796.4m893.7m

Total Debt

796.4m898.8m

Total Liabilities

4.9b5.4b6.1b5.8b

Common Stock

3.6m3.6m3.6m3.6m

Additional Paid-in Capital

1.0b1.1b1.2b1.3b

Retained Earnings

901.7m930.3m1.4b1.4b

Total Equity

2.0b2.0b2.6b2.8b

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

3.5 x3.7 x3.3 x3.1 x

Paychex Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

817.3m933.7m1.0b1.1b

Depreciation and Amortization

126.9m138.0m181.5m209.7m

Accounts Receivable

(103.7m)13.6m(117.2m)55.1m

Accounts Payable

39.1m42.6m77.5m(4.9m)

Cash From Operating Activities

960.4m1.3b1.3b1.4b

Purchases of PP&E

(94.3m)(154.0m)(123.8m)

Cash From Investing Activities

(424.6m)(679.0m)(1.6b)771.9m

Dividends Paid

(662.3m)(739.7m)(826.8m)(889.4m)

Cash From Financing Activities

(482.7m)(423.8m)(1.0b)(1.5b)

Net Change in Cash

53.1m173.6m(1.4b)724.6m

Paychex Ratios

USDFY, 2017

Revenue/Employee

230.0k

Financial Leverage

3.5 x

Paychex Operating Metrics

Paychex's Enterprise Customers was reported to be 670 k in FY, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Enterprise Customers

605 k605 k650 k670 k

Average Client Funds Balances

$4.11 b$3.79 b$3.66 b$4.5 b$4.07 b$3.79 b$3.66 b$4.55 b$4.04 b$3.69 b$3.66 b$4.38 b$3.97 b$3.74 b$3.73 b

Enterprise Customers (Paychex HR Services)

35 k37 k41 k37 k

Worksite Employees Served (Paychex HR Services)

944 k1.02 m1.16 m1.09 m

Health and Benefits Services Applicants

150 k162 k177 k189 k

Retirement Services Plans

74 k78 k82 k87 k

Retirement Services Participants’ Funds

$23.6 b$27.4 b$30.6 b$31 b

Paychex Employee Rating

3.73088 votes
Culture & Values
3.9
Work/Life Balance
3.6
Senior Management
3.5
Salary & Benefits
3.6
Career Opportunities
3.8
Source