Webcast

Q3 2024 Earnings Conference Call

March 27, 2024 • 9:30 AM ET

Latest Quarterly Financial Results

$1.26 billion

Total revenue

$506.2 million

Operating income

$1.08

Adjusted diluted earnings per share

Source: Q2 2024 Earnings Release

For complete information regarding our financials, see our periodic filings

Latest Annual Filing

For Fiscal Year Ending May 31, 2023

About Paychex

About Paychex

Paychex, Inc. (Nasdaq:PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves approximately 740,000 customers in the U.S. and Europe and pays one out of every 12 American private sector employees. The more than 16,000 people at Paychex are committed to helping businesses succeed and building thriving communities where they work and live. To learn more, visit www.paychex.com and stay connected on Twitter (Twitter) and LinkedIn (Linkedin).

A Shareholder Friendly Company

For the Fiscal Year ended May 31, 2023

$1,175M

Dividends Paid

40.6%

Operating income margin

48%

Return on equity

For complete information regarding our financials, see our periodic filings.

Paychex’s Growth Year Over Year

Total Revenue ($M)

As of May 31, 2023

Operating Income ($M)

As of May 31, 2023

Adjusted EPS*

As of May 31, 2023

*Adjusted EPS is a Non-GAAP measure. Refer to the Management’s Discussion and Analysis section of our quarterly and annual SEC filings for a discussion of this measure as well as a reconciliation to the closest GAAP measure.

View Most Recent Reconciliation

For complete information regarding our financials, see our periodic filings.

Recognized by Industry Experts for Our Innovation, Ethics, and Performance

Paychex was recognized by Lighthouse Research & Advisory for the fourth consecutive year as a Best SMB-focused Solution in the Core HR/Workforce category with a 2023 HR Tech Award.

Paychex was recognized by Lighthouse Research & Advisory for the fourth consecutive year as a Best SMB-focused Solution in the Core HR/Workforce category with a 2023 HR Tech Award.

Paychex was again named one of the World’s Most Admired Companies by FORTUNE® magazine, recognizing its corporate reputation, products, innovation, social responsibility, and outstanding financial performance.

Paychex was again named one of the World’s Most Admired Companies by FORTUNE® magazine, recognizing its corporate reputation, products, innovation, social responsibility, and outstanding financial performance.

Paychex was recognized by research and industry analyst firm Brandon Hall Group for the 10th consecutive year for its technology solutions with a Gold Excellence in Technology Award.

Paychex was recognized by research and industry analyst firm Brandon Hall Group for the 10th consecutive year for its technology solutions with a Gold Excellence in Technology Award.

Paychex was recognized on FORTUNE® magazine’s inaugural list of America’s Most Innovative Companies for the company’s commitment to industry-leading HR solutions while fostering a culture of innovation.

Paychex was recognized on FORTUNE® magazine’s inaugural list of America’s Most Innovative Companies for the company’s commitment to industry-leading HR solutions while fostering a culture of innovation.

Paychex has been named among one of the 2023 World’s Most Ethical Companies® on Ethisphere‘s annual list for the 15th time.

Paychex has been named among one of the 2023 World’s Most Ethical Companies® on Ethisphere‘s annual list for the 15th time.

Paychex has been recognized by Training magazine as one of the top training organizations in the world for the 22nd consecutive time with a 2023 Training APEX Award.

Paychex has been recognized by Training magazine as one of the top training organizations in the world for the 22nd consecutive time with a 2023 Training APEX Award.

Paychex has been recognized by USA Today on the inaugural America’s Climate Leaders 2023 List for the company’s achievement in reducing its core emissions and carbon footprint.

Paychex has been recognized by USA Today on the inaugural America’s Climate Leaders 2023 List for the company’s achievement in reducing its core emissions and carbon footprint.

IR Contacts

Corporate Office

Paychex, Inc.
911 Panorama Trail South
Rochester, NY 14625

Investor Relations

Jason Harbes
Director, Investor Relations
T: (800) 828-4411
investors@paychex.com

Phil Nicosia
Manager, Investor Relations
T: (800) 828-4411
investors@paychex.com

Transfer Agent

Equiniti Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219

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Professional employer organization (PEO) services provided by Paychex Business Solutions, LLC (Florida employee leasing license GL7), Oasis Outsourcing, LLC (Florida employee leasing license GL42), and their affiliates, which are licensed or registered to provide PEO services where required by law.

Insurance sold and serviced by Paychex Insurance Agency, Inc., 225 Kenneth Drive, Rochester, NY 14623. CA License #0C28207.