PAYX
Income statement / Annual
Last year (2024), Paychex, Inc.'s total revenue was $5.28 B,
an increase of 5.42% from the previous year.
In 2024, Paychex, Inc.'s net income was $1.69 B.
See Paychex, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
05/31/2024 |
05/31/2023 |
05/31/2022 |
05/31/2021 |
05/31/2020 |
05/31/2019 |
05/31/2018 |
05/31/2017 |
05/31/2016 |
05/31/2015 |
| Operating Revenue |
$5.28 B |
$5.01 B |
$4.61 B |
$4.06 B |
$4.04 B |
$3.77 B |
$3.38 B |
$3.15 B |
$2.95 B |
$2.74 B |
| Cost of Revenue |
$1.48 B
|
$1.45 B
|
$1.36 B
|
$1.27 B
|
$1.28 B
|
$1.18 B
|
$1.02 B
|
$919.60 M
|
$857.10 M
|
$808.00 M
|
| Gross Profit |
$3.80 B
|
$3.55 B
|
$3.26 B
|
$2.79 B
|
$2.76 B
|
$2.59 B
|
$2.36 B
|
$2.23 B
|
$2.09 B
|
$1.93 B
|
| Gross Profit Ratio |
0.72
|
0.71
|
0.71
|
0.69
|
0.68
|
0.69
|
0.7
|
0.71
|
0.71
|
0.71
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.08 B
|
$992.10 M
|
$948.20 M
|
$878.00 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$1.62 B
|
$1.52 B
|
$1.42 B
|
$1.32 B
|
$1.30 B
|
$1.22 B
|
$1.08 B
|
$992.10 M
|
$948.20 M
|
$878.00 M
|
| Other Expenses |
$0.00
|
$15.10 M
|
-$15.40 M
|
-$26.50 M
|
-$23.40 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$1.62 B
|
$1.52 B
|
$1.42 B
|
$1.32 B
|
$1.30 B
|
$1.22 B
|
$1.08 B
|
$992.10 M
|
$948.20 M
|
$878.00 M
|
| Cost And Expenses |
$3.10 B
|
$2.97 B
|
$2.77 B
|
$2.60 B
|
$2.58 B
|
$2.40 B
|
$2.09 B
|
$1.91 B
|
$1.81 B
|
$1.69 B
|
| Interest Income |
$82.70 M
|
$49.10 M
|
$2.90 M
|
$2.30 M
|
$12.30 M
|
$13.30 M
|
$11.90 M
|
$9.90 M
|
$8.40 M
|
$7.80 M
|
| Interest Expense |
$37.30 M
|
$36.70 M
|
$36.60 M
|
$35.80 M
|
$38.80 M
|
$17.60 M
|
$3.90 M
|
$2.50 M
|
$1.10 M
|
$700,000.00
|
| Depreciation & Amortization |
$176.50 M
|
$176.60 M
|
$191.80 M
|
$192.00 M
|
$209.70 M
|
$181.50 M
|
$138.00 M
|
$126.90 M
|
$115.10 M
|
$106.60 M
|
| EBITDA |
$2.35 B |
$2.21 B |
$2.03 B |
$1.65 B |
$1.67 B |
$1.56 B |
$1.43 B |
$1.38 B |
$1.26 B |
$1.15 B |
| EBITDA Ratio |
0.45
|
0.44
|
0.44
|
0.41
|
0.41
|
0.41
|
0.42
|
0.43
|
0.43
|
0.42
|
| Operating Income Ratio |
0.41
|
0.41
|
0.4
|
0.36
|
0.36
|
0.36
|
0.38
|
0.39
|
0.39
|
0.38
|
| Total Other Income/Expenses Net |
$43.90 M
|
$15.10 M
|
-$15.40 M
|
-$26.50 M
|
-$23.40 M
|
-$3.30 M
|
$8.60 M
|
-$9.10 M
|
$4.50 M
|
$6.40 M
|
| Income Before Tax |
$2.22 B
|
$2.05 B
|
$1.82 B
|
$1.43 B
|
$1.44 B
|
$1.37 B
|
$1.30 B
|
$1.24 B
|
$1.15 B
|
$1.06 B
|
| Income Before Tax Ratio |
0.42
|
0.41
|
0.4
|
0.35
|
0.36
|
0.36
|
0.38
|
0.4
|
0.39
|
0.39
|
| Income Tax Expense |
$527.60 M
|
$490.90 M
|
$431.80 M
|
$336.70 M
|
$339.00 M
|
$333.60 M
|
$362.40 M
|
$427.50 M
|
$394.30 M
|
$385.10 M
|
| Net Income |
$1.69 B
|
$1.56 B
|
$1.39 B
|
$1.10 B
|
$1.10 B
|
$1.03 B
|
$933.70 M
|
$817.30 M
|
$756.80 M
|
$674.90 M
|
| Net Income Ratio |
0.32
|
0.31
|
0.3
|
0.27
|
0.27
|
0.27
|
0.28
|
0.26
|
0.26
|
0.25
|
| EPS |
4.69 |
4.32 |
3.86 |
3.05 |
3.06 |
2.88 |
2.6 |
2.27 |
2.1 |
1.86 |
| EPS Diluted |
4.67 |
4.3 |
3.84 |
3.03 |
3.04 |
2.86 |
2.58 |
2.25 |
2.09 |
1.85 |
| Weighted Average Shares Out |
$360.30 M
|
$360.40 M
|
$360.60 M
|
$359.90 M
|
$358.50 M
|
$359.20 M
|
$359.00 M
|
$359.80 M
|
$360.70 M
|
$362.90 M
|
| Weighted Average Shares Out Diluted |
$362.10 M
|
$362.30 M
|
$363.10 M
|
$362.10 M
|
$361.00 M
|
$361.80 M
|
$361.50 M
|
$362.60 M
|
$362.50 M
|
$364.60 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
