Paychex, Inc. (PAYX)
NASDAQ · Industrials · Staffing & Employment Services
Profile
Paychex, Inc.
- Exchange
- NASDAQ
- Ticker
- PAYX
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- Country
- US
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
Key facts
Paychex, Inc.: key facts
- Paychex, Inc. (NASDAQ: PAYX) is a Staffing & Employment Services company in the Industrials sector.
- In fiscal 2026, Paychex, Inc. reported revenue of $6.5B and net income of $1.8B.
- Revenue grew 9.0% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $6.6B and net income was $1.8B.
MonkScore
Paychex, Inc.'s MonkScore
MonkScore
MonkScore range: 70–80
as of October 2026
Sector rank: 278 of 1409 in Industrials
How this score is madeDisclaimer
Pillar ranges
- Growth40–50
- Profitability70–80
- Quality50–60
- Market Conviction80–90
- Safety60–70
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Paychex, Inc.'s annual figures and the last twelve months, in USD. Last report: 31 August 2026.
| Figure | Last 12 months | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Revenue | $6.6B | $6.5B | $5.6B | $5.3B | $5.0B | $4.6B |
| Gross profit | $4.9B | $4.8B | $4.0B | $3.8B | $3.6B | $3.3B |
| Operating income | $2.6B | $2.5B | $2.2B | $2.2B | $2.0B | $1.8B |
| Net income | $1.8B | $1.8B | $1.7B | $1.7B | $1.6B | $1.4B |
| Operating cash flow | $2.3B | $2.6B | $2.0B | $1.9B | $1.7B | $1.5B |
| Capital expenditure | -$235.1M | -$234.9M | -$191.8M | -$161.4M | -$143.0M | -$132.6M |
| Free cash flow | $2.0B | $2.3B | $1.8B | $1.7B | $1.6B | $1.4B |
| Total debt | $4.6B | $4.6B | $5.0B | $866.3M | $865.7M | $881.2M |
| Cash | $600.9M | $1.1B | $1.6B | $1.5B | $1.2B | $370.0M |
Revenue growth a year
- 1-year
- 16.9%
- 3-year
- 9.2%
- 4-year
- 9.0%
Compound growth between fiscal years.
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Page built on 31 October 2026.