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Paychex (PAYX)

(Delayed Data from NSDQ)

$121.99 USD

121.99
1,144,904

-0.68 (-0.55%)

Updated Jun 14, 2024 04:00 PM ET

After-Market: $122.00 +0.01 (0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value B Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 10% (225 out of 250)

Industry: Outsourcing

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Better trading starts here.

Balance Sheet

Research for PAYX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Paychex, Inc falls in the month of May.

All items in Millions except Per Share data.

5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Assets          
Cash & Equivalents -99,999 1,645 1,274 1,083 982
Receivables NA 1,426 1,318 1,054 790
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 4,457 3,989 4,033 3,692
Total Current Assets NA 7,528 6,582 6,170 5,465
Net Property & Equipment NA 396 401 396 407
Investments & Advances NA 4 5 7 10
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 470 433 384 373
Intangibles NA 2,021 2,056 2,097 2,122
Deposits & Other Assets NA 65 79 71 60
Total Assets NA 10,546 9,635 9,227 8,551
Liabilities & Shareholders Equity 5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 85 106 89 79
Current Portion Long-Term Debt NA 10 9 7 5
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 974 909 796 644
Income Taxes Payable NA 0 0 0 51
Other Current Liabilities NA 4,737 4,246 4,046 3,648
Total Current Liabilities NA 5,805 5,269 4,938 4,427
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 112 166 218 241
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 798 798 797 797
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 280 243 233 208
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 7,053 6,550 6,279 5,769
Shareholders Equity 5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 4 4 4 4
Capital Surplus NA 1,626 1,546 1,447 1,290
Retained Earnings NA 2,023 1,670 1,446 1,431
Other Equity NA -160 -134 52 57
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,493 3,085 2,948 2,781
Total Liabilities & Shareholder's Equity NA 10,546 9,635 9,227 8,551
Total Common Equity 0 3,493 3,085 2,948 2,781
Shares Outstanding 359.90 360.50 361.00 360.30 358.70
Book Value Per Share 0.00 9.69 8.55 8.18 7.75

Fiscal Year End for Paychex, Inc falls in the month of May.

All items in Millions except Per Share data.

5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Assets          
Cash & Equivalents -99,999 1,771 1,445 1,741 1,645
Receivables NA 1,702 1,651 1,575 1,426
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 6,413 5,828 5,773 4,457
Total Current Assets NA 9,886 8,924 9,089 7,528
Net Property & Equipment NA 419 418 405 396
Investments & Advances NA 2 2 2 4
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 476 475 473 470
Intangibles NA 2,087 2,083 2,079 2,021
Deposits & Other Assets NA 95 92 92 65
Total Assets NA 13,024 12,052 12,200 10,546
Liabilities & Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 94 92 95 85
Current Portion Long-Term Debt NA 19 14 14 10
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,077 970 887 974
Income Taxes Payable NA 0 0 61 0
Other Current Liabilities NA 6,811 6,178 6,287 4,737
Total Current Liabilities NA 8,001 7,254 7,344 5,805
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 95 103 101 112
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 799 798 798 798
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 318 314 280
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 9,277 8,528 8,612 7,053
Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 4 4 4 4
Capital Surplus NA 1,703 1,679 1,666 1,626
Retained Earnings NA 2,186 2,009 2,101 2,023
Other Equity NA -145 -167 -183 -160
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,747 3,524 3,588 3,493
Total Liabilities & Shareholder's Equity NA 13,024 12,052 12,200 10,546
Total Common Equity 0 3,747 3,524 3,588 3,493
Shares Outstanding 359.90 359.90 359.80 361.20 360.50
Book Value Per Share 0.00 10.41 9.80 9.93 9.69