paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.
Company profile
Ticker
PAYX
Exchange
Website
CEO
Martin Mucci
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ACH Insurance, LLC • Alterna Capital Solutions, LLC • Advantage Payroll Services, Inc. • ESG Insurance, LLC • Fast 401k, Inc. • Lessor A/S • Oasis Advisory Services, LLC • Oasis HR Solutions III, LLC • Oasis Outsourcing Acquisition Corporation • Oasis Outsourcing Holdings, Inc. ...
IRS number
161124166
PAYX stock data
Latest filings (excl ownership)
10-K
2024 FY
Annual report
11 Jul 24
8-K
Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results
26 Jun 24
8-K
Departure of Directors or Certain Officers
17 Jun 24
8-K
Departure of Directors or Certain Officers
17 May 24
8-K
Entry into a Material Definitive Agreement
16 Apr 24
10-Q
2024 Q3
Quarterly report
2 Apr 24
8-K
Sustained Growth in Revenue and Earnings
2 Apr 24
8-K
Other Events
19 Jan 24
10-Q
2024 Q2
Quarterly report
21 Dec 23
8-K
Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
21 Dec 23
Transcripts
PAYX
Earnings call transcript
2024 Q4
26 Jun 24
PAYX
Earnings call transcript
2024 Q3
2 Apr 24
PAYX
Earnings call transcript
2024 Q2
21 Dec 23
PAYX
Earnings call transcript
2024 Q1
27 Sep 23
PAYX
Earnings call transcript
2023 Q4
29 Jun 23
PAYX
Earnings call transcript
2023 Q4
29 Jun 23
PAYX
Earnings call transcript
2023 Q3
29 Mar 23
PAYX
Earnings call transcript
2023 Q2
22 Dec 22
PAYX
Earnings call transcript
2023 Q1
28 Sep 22
PAYX
Earnings call transcript
2022 Q4
29 Jun 22
Latest ownership filings
144
Notice of proposed sale of securities
26 Jul 24
4
Mark Anthony Bottini
25 Jul 24
144
Notice of proposed sale of securities
24 Jul 24
4
JOSEPH DOODY
18 Jul 24
4
KARA WILSON
17 Jul 24
4
MARTIN MUCCI
17 Jul 24
4
Theresa M. Payton
17 Jul 24
4
JOSEPH DOODY
17 Jul 24
4
Beaumont Vance
17 Jul 24
4
Mason Argiropoulos
17 Jul 24
Financial summary
Quarter (USD) | May 24 | Feb 24 | Nov 23 | Aug 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | May 24 | May 23 | May 22 | May 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn |
Cash burn (monthly) | 878.63 mm | 19.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.64 bn | 36.99 mm | n/a | n/a | n/a | n/a |
Cash remaining | 257.60 mm | 1.86 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.3 | 93.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
71.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1475 |
Opened positions | 307 |
Closed positions | 91 |
Increased positions | 439 |
Reduced positions | 497 |
13F shares | Current |
---|---|
Total value | 30.52 tn |
Total shares | 258.93 mm |
Total puts | 934.60 k |
Total calls | 2.10 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 30.54 mm | $3.75 tn |
BLK Blackrock | 28.59 mm | $3.51 tn |
Capital International Investors | 20.88 mm | $2.56 tn |
STT State Street | 13.04 mm | $1.60 tn |
BK Bank Of New York Mellon | 11.13 mm | $1.37 tn |
WFC Wells Fargo & Co. | 9.64 mm | $1.18 tn |
Geode Capital Management | 9.01 mm | $1.11 tn |
BAC Bank Of America | 5.94 mm | $729.10 bn |
MS Morgan Stanley | 4.30 mm | $528.29 bn |
NTRS Northern Trust | 4.16 mm | $510.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jul 24 | Bottini Mark Anthony | Common Stock | Sell | Dispose S | No | No | 123.6 | 8,954 | 1.11 mm | 79,232 |
17 Jul 24 | Doody Joseph | Common Stock - Family Trust | Other | Acquire J | Yes | No | 0 | 765 | 0.00 | 22,997 |
17 Jul 24 | Doody Joseph | Common Stock | Other | Dispose J | No | No | 0 | 765 | 0.00 | 761 |
15 Jul 24 | Bonadio Tom | Common Stock | Grant | Acquire A | No | No | 0 | 761 | 0.00 | 19,615 |
15 Jul 24 | Bonadio Tom | Stock Option Common Stock | Grant | Acquire A | No | No | 121.63 | 3,351 | 407.58 k | 3,351 |
15 Jul 24 | Christopher C Simmons | Common Stock | Grant | Acquire A | No | No | 0 | 1,837 | 0.00 | 7,874 |
15 Jul 24 | Christopher C Simmons | Common Stock | Grant | Acquire A | No | No | 0 | 1,069 | 0.00 | 6,037 |
15 Jul 24 | Christopher C Simmons | Common Stock | Payment of exercise | Dispose F | No | No | 121.63 | 167 | 20.31 k | 4,968 |
15 Jul 24 | Christopher C Simmons | Stock Option Common Stock | Grant | Acquire A | No | No | 121.63 | 7,145 | 869.05 k | 7,145 |
15 Jul 24 | Prabha Bhandari | Common Stock | Grant | Acquire A | No | No | 0 | 1,017 | 0.00 | 1,017 |
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Press releases
Paychex Surpasses 120,000 401(k) Clients
23 Jul 24
Paychex Named to Selling Power's 2024 "60 Best Companies to Sell For" List
17 Jul 24
Paychex Declares Quarterly Dividend
10 Jul 24
Paychex, Inc. Schedules Fourth Quarter Fiscal 2024 Earnings Conference Call for June 26, 2024
12 Jun 24
U.S. Small Business Job Growth Shows Positive Gains, While Wage Inflation Decelerates
4 Jun 24