Stocks Industrials PAYX
NASDAQ · IndustrialsPaychex Inc (PAYX)
Paychex Inc brought in $6.6B of revenue over the twelve months to August 31, 2026, up 14.0% from a year earlier. Net income was $1.8B, a net margin of 27.4%. Operating cash flow minus capital spending left $2.3B of free cash flow in fiscal 2026. At August 31, 2026 it held $600.9M in cash against $4.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 24, 2026.
Key facts about Paychex Inc
- Net worth
- Paychex Inc has a market value (market cap) of $38.5B at the latest share price, and shareholders' equity of $3.7B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $6.5B (+16.9% year on year), with net income of $1.8B. Over the 12 months to August 31, 2026: revenue $6.6B, net income $1.8B.
- Cash flow
- In fiscal 2026 operations brought in $2.6B of cash; after $234.9M of capital spending, free cash flow was $2.3B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 24, 2026 and covers the period to August 31, 2026. Open on SEC EDGAR
- Next earnings report
- Paychex Inc's next report is expected around December 18, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Paychex Inc declared dividends of $4.43 per share in fiscal 2026, a yield of 4.09% at the current price.
What Paychex Inc does
Paychex provides human resources, payroll, and benefits administration services to small and medium-sized businesses. Its offerings include automated payroll processing, employee benefits management, retirement plan administration, and regulatory compliance consulting. Its shares trade on NASDAQ under the ticker PAYX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $6.5B | $1.8B | $4.89 | $2.3B |
| 2025 | $5.6B | $1.7B | $4.58 | $1.7B |
| 2024 | $5.3B | $1.7B | $4.67 | $1.7B |
| 2023 | $5B | $1.6B | $4.30 | $1.6B |
| 2022 | $4.6B | $1.4B | $3.84 | $1.5B |
| 2021 | $4.1B | $1.1B | $3.03 | $1.1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PAYX ranks in Industrials
Dividends
Paychex Inc declared $4.43 per share in fiscal 2026. At the current price that is a yield of 4.09%. It paid out $1.6B in cash dividends, 90% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2026 | $4.43 | $1.6B | 90% |
| 2025 | $4.02 | $1.4B | 87% |
| 2024 | $3.65 | $1.3B | 78% |
| 2023 | $3.26 | $1.2B | 75% |
| 2022 | $2.77 | $999.6M | 72% |
| 2021 | $2.52 | $908.7M | 83% |
Latest SEC filings
What Paychex Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 24, 2026Quarterly report10-Q · period to August 31, 2026Paychex reported higher revenue and net income for the first quarter ended August 31, 2026.Revenue rose 5.9% to $1.6B versus the same quarter last year; diluted EPS $1.21 versus $1.06.
- September 23, 2026Quarterly results8-KPaychex reported a 6% increase in first quarter revenue to $1,630.5 million and a 14% rise in diluted earnings per share to $1.21.
- September 4, 2026
- September 4, 2026Additional proxy material DEFA14A
- September 4, 2026Proxy statement DEF 14A
- July 21, 2026
- July 17, 2026Annual report 10-K · period to May 31, 2026Revenue rose 17% to $6.5B versus the prior year; diluted EPS $4.89 versus $4.58.
- June 24, 2026
- June 12, 2026
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
What is PAYX worth? A DCF from its reported cash flow
Insider trades
What the people running Paychex Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $602.4K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Bergstrom Ryan NormanChief Product Officer | Shares withheld for tax | 1,393 | $140.5K |
| October 1, 2026 | Ante Adam BrooksSr. Vice President, Paycor | Shares withheld for tax | 1,762 | $177.7K |
| September 28, 2026 | Golisano B Thomas10% owner | Gave as a gift | 562,635 | $56.2M |
| September 1, 2026 | Golisano B Thomas10% owner | Gave as a giftindirect | 334 | $42.4K |
| August 14, 2026 | Simmons Christopher CVP, Controller & Treasurer | Shares withheld for tax | 130 | $15.9K |
| July 20, 2026 | Schrader Robert L.Sr. VP, CFO | Sold | 2,600 | $299.2K |
| July 20, 2026 | Doody JosephDirector | Other change | 164 | - |
| July 20, 2026 | Doody JosephDirector | Other changeindirect | 164 | - |
Who owns PAYX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Capital International Investors13G, passive | 8.6% | February 13, 2026 |
| Vanguard Capital Management13G, passive | 6.77% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,528 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Capital International Investors | 28,840,445 | -1,108,241 |
| BlackRock, Inc. | 27,753,178 | -661,274 |
| Vanguard Capital Management LLC | 21,040,690 | +75,420 |
| Vanguard Portfolio Management LLC | 15,277,715 | +28,155 |
| State Street Corp | 14,411,341 | +361,713 |
| Invesco Ltd. | 13,040,655 | +255,853 |
| Charles Schwab Investment Management Inc | 10,402,177 | +1,026,924 |
| Geode Capital Management, LLC | 10,250,030 | -20,498 |
| Morgan Stanley | 6,540,823 | +1,242,795 |
| Federated Hermes, Inc. | 5,881,768 | -3,808 |
| Goldman Sachs Group Inc | 4,619,471 | +660,155 |
| Bank of America Corp | 4,414,326 | +90,436 |
| Northern Trust Corp | 4,006,462 | +9,665 |
| Wells Fargo & Company | 3,852,234 | -387,014 |
| First Trust Advisors LP | 3,366,093 | +1,022,037 |
| UBS Group AG | 3,303,592 | -228,797 |
| Jpmorgan Chase & Co | 2,838,927 | +96,048 |
| Envestnet Asset Management Inc | 2,764,004 | -10,469 |
| Victory Capital Management Inc | 2,741,215 | +1,341,349 |
| Dimensional Fund Advisors LP | 2,706,479 | -116,090 |
Insiders
19 insiders reported holding 36,017,226 shares in total, about $3.9B at the last price.
| Holder | Shares |
|---|---|
| Golisano B Thomas10% owner | 35,129,17237,884 held indirectly |
| Mucci MartinDirector | 434,891 |
| Velli Joseph MDirector | 89,564 |
| Gibson John BPresident and CEO | 81,366 |
| Tucci Joseph MDirector | 67,364 |
| Ante Adam BrooksSr. Vice President, Paycor | 54,213 |
| Bergstrom Ryan NormanChief Product Officer | 43,295 |
| Doody JosephDirector | 24,64723,922 held indirectly |
| Bonadio TomDirector | 21,504 |
| Schrader Robert L.Sr. VP, CFO | 18,547 |
Questions about PAYX
What does Paychex Inc do?
Paychex provides human resources, payroll, and benefits administration services to small and medium-sized businesses. Its offerings include automated payroll processing, employee benefits management, retirement plan administration, and regulatory compliance consulting. Its shares trade on NASDAQ under the ticker PAYX.
What is Paychex Inc's net worth?
Paychex Inc has a market value (market cap) of $38.5B at the latest share price, and shareholders' equity of $3.7B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Paychex Inc profitable?
Yes. Over the twelve months to August 31, 2026 it reported net income of $1.8B on revenue of $6.6B, a net margin of 27.4%.
How much revenue does Paychex Inc make?
Over the twelve months to August 31, 2026 Paychex Inc reported revenue of $6.6B. That is 14.0% more than a year earlier.
When did Paychex Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on September 24, 2026. It covers the period to August 31, 2026. Its newest filing of any kind is the planned insider sale from October 14, 2026.
When is Paychex Inc's next earnings report?
Paychex Inc's next report is expected around December 18, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Paychex Inc pay a dividend?
Yes. Paychex Inc declared dividends of $4.43 per share in fiscal 2026, a yield of 4.09% at the current price.
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Where the numbers come from
Financial figures are the values Paychex Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.