Paychex

World Rank (Jan-05-2024)

423

Market Cap (Jan-05-2024)

42.405 Billion USD

World Rank (Jul-30-2023)

389

Market Cap (Jul-30-2023)

45.616 Billion USD

World Rank (Jan-07-2022)

419

Market Cap (Jan-07-2022)

46.480 Billion USD

World Rank (Jan-01-2021)

531

Market Cap (Jan-01-2021)

33.604 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 190

Headquarters Country

USA

Nasdaq / NYSE Code

PAYX

Market Cap (Mar-08-2026)

36.20

CEO

Chairman

Founders

Billionaires

Employee Count

16,000

Employee Count as of Date

As on 2022

Headquarters City/State

New York

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

5,007 Million USD

Annual Operating Income in USD

2,033 Million USD

Annual Net Income in USD

1,557 Million USD

Annual Results for Period Ending

May-2023 ending year

Total Assets in USD

10,546 Million USD

Total Liabilities in USD

7,053 Million USD

Total Equity in USD

3,493 Million USD

Balance Sheet for Period Ending

May-2023 ending year

Business Sector

Software and IT

Software Products

Consumer Services

Outsourcing and Staffing

Company Website

PAYCHEX INC

Wikipedia

Yahoo

Yahoo @ Nasdaq

Facebook

Company Profile

PAYCHEX provides software products and solutions related to HR Solutions and Payroll solutions with headquarters is in New York, USA. It also provides HR outsourcing services.Paychex technology and service solutions have simplified the complexity of running a business.

As on 2021, PAYCHEX 15,000 employees and 70,000 business clients.

PAYCHEX annual revenue generated for period ending May-2022 was 4,611 million USD.

PAYCHEX annual net income generated for period ending May-2022 was 1,392 million USD.

Total Assets as on May-2021 was 9,227 Million USD.

Total Liabilities as on May-2021 was 6,279 Million USD.

Total Equity as on May-2021 was 2,948 Million USD.

Annual Results Summary

PAYCHEX - Annual Results Summary - in Million USD

Year Ending:	Total Revenue	Gross Profit	Operating Income	Net Income
May-2024	5,278	3,799	2,174	1,690
May-2023	5,007	3,554	2,033	1,557
May-2022	4,611	3,255	1,840	1,392
May-2021	4,056	2,785	1,460	1,097
May-2020	4,040	2,759	1,460	1,098
May-2019	3,772	2,594	1,371	1,034
May-2018	3,381	2,363	1,287	934

Balance Sheet Summary

PAYCHEX - Balance Sheet Summary - in Million USD

Year Ending:	Total Assets	Total Liabilities	Total Equity
May-2024	10,383	6,582	3,801
May-2023	10,546	7,053	3,493
May-2022	9635	6550	3085
May-2021	9,227	6,279	2,948
May-2020	8,551	5,769	2,781
May-2019	8,676	6,057	2,620
May-2018	7,915	5,559	2,357

Founded Year

1971

Institutional Investors

Top 30 Institutional Holder Names in PAYCHEX as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	09/30/2023	2,99,31,007	1,70,453	0.57%	$3,486,663
2	BLACKROCK INC.	09/30/2023	2,70,80,292	1,46,888	0.55%	$3,154,583
3	CAPITAL INTERNATIONAL INVESTORS	09/30/2023	1,69,80,869	-18,42,821	-9.79%	$1,978,101
4	STATE STREET CORP	09/30/2023	1,27,20,406	-1,82,289	-1.41%	$1,481,800
5	BANK OF NEW YORK MELLON CORP	09/30/2023	1,13,31,387	9,27,584	8.92%	$1,319,993
6	WELLS FARGO & COMPANY/MN	09/30/2023	96,98,681	42,551	0.44%	$1,129,799
7	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	85,16,924	2,06,281	2.48%	$992,136
8	BANK OF AMERICA CORP /DE/	09/30/2023	73,68,569	1,25,084	1.73%	$858,365
9	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	67,97,671	1,78,316	2.69%	$791,861
10	NORTHERN TRUST CORP	09/30/2023	44,81,555	2,46,791	5.83%	$522,056
11	FMR LLC	09/30/2023	43,17,629	-1,50,443	-3.37%	$502,961
12	MORGAN STANLEY	09/30/2023	35,98,560	1,82,648	5.35%	$419,196
13	GOLDMAN SACHS GROUP INC	09/30/2023	27,39,005	9,50,916	53.18%	$319,067
14	ENVESTNET ASSET MANAGEMENT INC	09/30/2023	26,31,066	5,54,968	26.73%	$306,493
15	LEGAL & GENERAL GROUP PLC	09/30/2023	26,17,205	-62,246	-2.32%	$304,878
16	SELECT EQUITY GROUP, L.P.	09/30/2023	23,48,201	1,997	0.09%	$273,542
17	FIRST TRUST ADVISORS LP	09/30/2023	22,44,775	-2,00,139	-8.19%	$261,494
18	LONDON CO OF VIRGINIA	09/30/2023	22,32,288	-88,235	-3.80%	$260,039
19	INVESCO LTD.	09/30/2023	21,79,380	1,68,773	8.39%	$253,876
20	ROYAL BANK OF CANADA	09/30/2023	20,59,748	2,55,165	14.14%	$239,940
21	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	09/30/2023	19,80,989	-5,475	-0.28%	$230,765
22	FIL LTD	09/30/2023	19,25,000	19,25,000	New	$224,243
23	UBS ASSET MANAGEMENT AMERICAS INC	09/30/2023	17,15,105	-4,31,564	-20.10%	$199,793
24	BAHL & GAYNOR INC	09/30/2023	16,47,222	-31,321	-1.87%	$191,885
25	AMERIPRISE FINANCIAL INC	09/30/2023	16,30,944	11,36,456	229.83%	$189,989
26	DIMENSIONAL FUND ADVISORS LP	09/30/2023	16,28,101	36,421	2.29%	$189,657
27	FEDERATED HERMES, INC.	09/30/2023	15,44,806	11,91,539	337.29%	$179,954
28	ALLIANCEBERNSTEIN L.P.	09/30/2023	14,96,776	-2,50,836	-14.35%	$174,359
29	GUINNESS ASSET MANAGEMENT LTD	09/30/2023	13,63,393	36,927	2.78%	$158,822
30	UBS GROUP AG	09/30/2023	13,47,263	20,307	1.53%	$156,943