PA
PAYCHEX INC
PAYX Industrials · Construction & Engineering
Latest period 2026-05-31 · 37 filings on record
SHOWING
Trailing twelve months — each point sums the four quarters ending there.
Ranked against Industrials · 69 peers
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-05-31.
Growth
74th pct
▼−1 over range · as of 2026-05-31
Revenue +12.5% YoY, earnings +41.5% YoY · sector avg 71
Quality
83rd pct
▼−2 over range · as of 2026-05-31
26.2% net margin, 47% return on equity, 36% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
Safety
59th pct
▼−17 over range · as of 2026-05-31
Net debt 1.2x EBITDA, 9x interest coverage, 1.3x current ratio · sector avg 68
OVERVIEWvs prior TTM Δ
Trailing twelve months · ending 2026-05-31 · green = improving · click a row to chart it
Revenue $6.5B +2.8% Gross margin 74.3% +0.4pp Operating margin 38.6% +1.7pp Net margin 27.0% +1.2pp Net income $1.8B +7.5%
Debt / equity
1.22
−1.2%
EPS (diluted)
—
—
EBITDA
$3.0B
+7.3%
Filings
Full history 17 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | no filing | no filing | 10-Q Q3 2026 | 10-K FY 2026, clears this filter |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025, clears this filter |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024, clears this filter |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023, clears this filter |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022, clears this filter |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021, clears this filter |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020, clears this filter |
| 2019 | no filing | 10-Q Q2 2019 | no filing | 10-K FY 2019, clears this filter |
All 17 filings
10-K FY 2020 2020-07-17 Pro → 10-K FY 2019 2019-07-24 Pro → 10-K FY 2018 2018-07-20 Pro → 10-K FY 2017 2017-07-21 Pro → 10-K FY 2016 2016-07-22 Pro → 10-K FY 2015 2015-07-21 Pro → 10-K FY 2014 2014-07-22 Pro → 10-K FY 2013 2013-07-22 Pro → 10-K FY 2012 2012-07-20 Pro → 10-K FY 2011 2011-07-15 Pro → 10-K FY 2010 2010-07-16 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Trailing twelve months, rolling one quarter at a time
Revenue
| Period | Period end | Revenue |
|---|---|---|
| TTM 10-05 | 2010-05-31 | $2.0B |
| TTM 10-08 | 2010-08-31 | $2.0B |
| TTM 10-11 | 2010-11-30 | $2.0B |
| TTM 11-02 | 2011-02-28 | $2.1B |
| TTM 11-05 | 2011-05-31 | $2.1B |
| TTM 11-08 | 2011-08-31 | $2.1B |
| TTM 11-11 | 2011-11-30 | $2.2B |
| TTM 12-02 | 2012-02-29 | $2.2B |
| TTM 12-05 | 2012-05-31 | $2.2B |
| TTM 12-08 | 2012-08-31 | $2.2B |
| TTM 12-11 | 2012-11-30 | $2.3B |
| TTM 13-02 | 2013-02-28 | $2.3B |
| TTM 13-05 | 2013-05-31 | $2.3B |
| TTM 13-08 | 2013-08-31 | $2.4B |
| TTM 13-11 | 2013-11-30 | $2.4B |
| TTM 14-02 | 2014-02-28 | $2.5B |
| TTM 14-05 | 2014-05-31 | $2.5B |
| TTM 14-08 | 2014-08-31 | $2.6B |
| TTM 14-11 | 2014-11-30 | $2.6B |
| TTM 15-02 | 2015-02-28 | $2.7B |
| TTM 15-05 | 2015-05-31 | $2.7B |
| TTM 15-08 | 2015-08-31 | $2.8B |
| TTM 15-11 | 2015-11-30 | $2.8B |
| TTM 16-02 | 2016-02-29 | $2.9B |
| TTM 16-05 | 2016-05-31 | $3.0B |
| TTM 16-08 | 2016-08-31 | $3.0B |
| TTM 16-11 | 2016-11-30 | $3.1B |
| TTM 17-02 | 2017-02-28 | $3.1B |
| TTM 17-05 | 2017-05-31 | $3.2B |
| TTM 17-08 | 2017-08-31 | $3.2B |
| TTM 17-11 | 2017-11-30 | $3.2B |
| TTM 18-02 | 2018-02-28 | $3.3B |
| TTM 18-05 | 2018-05-31 | $3.4B |
| TTM 18-08 | 2018-08-31 | $3.4B |
| TTM 18-11 | 2018-11-30 | $3.5B |
| TTM 19-02 | 2019-02-28 | $3.6B |
| TTM 19-05 | 2019-05-31 | $3.8B |
| TTM 19-08 | 2019-08-31 | $3.9B |
| TTM 19-11 | 2019-11-30 | $4.0B |
| TTM 20-02 | 2020-02-29 | $4.1B |
| TTM 20-05 | 2020-05-31 | $4.0B |
| TTM 20-08 | 2020-08-31 | $4.0B |
| TTM 20-11 | 2020-11-30 | $4.0B |
| TTM 21-02 | 2021-02-28 | $3.9B |
| TTM 21-05 | 2021-05-31 | $4.1B |
| TTM 21-08 | 2021-08-31 | $4.2B |
| TTM 21-11 | 2021-11-30 | $4.3B |
| TTM 22-02 | 2022-02-28 | $4.5B |
| TTM 22-05 | 2022-05-31 | $4.6B |
| TTM 22-08 | 2022-08-31 | $4.7B |
| TTM 22-11 | 2022-11-30 | $4.8B |
| TTM 23-02 | 2023-02-28 | $4.9B |
| TTM 23-05 | 2023-05-31 | $5.0B |
| TTM 23-08 | 2023-08-31 | $5.1B |
| TTM 23-11 | 2023-11-30 | $5.2B |
| TTM 24-02 | 2024-02-29 | $5.2B |
| TTM 24-05 | 2024-05-31 | $5.3B |
| TTM 24-08 | 2024-08-31 | $5.3B |
| TTM 24-11 | 2024-11-30 | $5.4B |
| TTM 25-02 | 2025-02-28 | $5.4B |
| TTM 25-05 | 2025-05-31 | $5.6B |
| TTM 25-08 | 2025-08-31 | $5.8B |
| TTM 25-11 | 2025-11-30 | $6.0B |
| TTM 26-02 | 2026-02-28 | $6.3B |
| TTM 26-05 | 2026-05-31 | $6.5B |
Net income
| Period | Period end | Net income |
|---|---|---|
| TTM 10-05 | 2010-05-31 | $477.0M |
| TTM 10-08 | 2010-08-31 | $485.3M |
| TTM 10-11 | 2010-11-30 | $493.3M |
| TTM 11-02 | 2011-02-28 | $511.9M |
| TTM 11-05 | 2011-05-31 | $515.3M |
| TTM 11-08 | 2011-08-31 | $532.3M |
| TTM 11-11 | 2011-11-30 | $538.8M |
| TTM 12-02 | 2012-02-29 | $543.6M |
| TTM 12-05 | 2012-05-31 | $548.0M |
| TTM 12-08 | 2012-08-31 | $552.2M |
| TTM 12-11 | 2012-11-30 | $559.7M |
| TTM 13-02 | 2013-02-28 | $568.8M |
| TTM 13-05 | 2013-05-31 | $569.0M |
| TTM 13-08 | 2013-08-31 | $578.7M |
| TTM 13-11 | 2013-11-30 | $589.5M |
| TTM 14-02 | 2014-02-28 | $605.1M |
| TTM 14-05 | 2014-05-31 | $627.5M |
| TTM 14-08 | 2014-08-31 | $636.0M |
| TTM 14-11 | 2014-11-30 | $650.3M |
| TTM 15-02 | 2015-02-28 | $659.6M |
| TTM 15-05 | 2015-05-31 | $674.9M |
| TTM 15-08 | 2015-08-31 | not reported |
| TTM 15-11 | 2015-11-30 | not reported |
| TTM 16-02 | 2016-02-29 | not reported |
| TTM 16-05 | 2016-05-31 | not reported |
| TTM 16-08 | 2016-08-31 | not reported |
| TTM 16-11 | 2016-11-30 | not reported |
| TTM 17-02 | 2017-02-28 | not reported |
| TTM 17-05 | 2017-05-31 | not reported |
| TTM 17-08 | 2017-08-31 | not reported |
| TTM 17-11 | 2017-11-30 | not reported |
| TTM 18-02 | 2018-02-28 | not reported |
| TTM 18-05 | 2018-05-31 | not reported |
| TTM 18-08 | 2018-08-31 | not reported |
| TTM 18-11 | 2018-11-30 | not reported |
| TTM 19-02 | 2019-02-28 | not reported |
| TTM 19-05 | 2019-05-31 | not reported |
| TTM 19-08 | 2019-08-31 | not reported |
| TTM 19-11 | 2019-11-30 | not reported |
| TTM 20-02 | 2020-02-29 | not reported |
| TTM 20-05 | 2020-05-31 | not reported |
| TTM 20-08 | 2020-08-31 | not reported |
| TTM 20-11 | 2020-11-30 | not reported |
| TTM 21-02 | 2021-02-28 | not reported |
| TTM 21-05 | 2021-05-31 | not reported |
| TTM 21-08 | 2021-08-31 | not reported |
| TTM 21-11 | 2021-11-30 | not reported |
| TTM 22-02 | 2022-02-28 | not reported |
| TTM 22-05 | 2022-05-31 | not reported |
| TTM 22-08 | 2022-08-31 | not reported |
| TTM 22-11 | 2022-11-30 | not reported |
| TTM 23-02 | 2023-02-28 | not reported |
| TTM 23-05 | 2023-05-31 | not reported |
| TTM 23-08 | 2023-08-31 | not reported |
| TTM 23-11 | 2023-11-30 | not reported |
| TTM 24-02 | 2024-02-29 | not reported |
| TTM 24-05 | 2024-05-31 | $1.7B |
| TTM 24-08 | 2024-08-31 | $1.7B |
| TTM 24-11 | 2024-11-30 | $1.7B |
| TTM 25-02 | 2025-02-28 | $1.7B |
| TTM 25-05 | 2025-05-31 | $1.7B |
| TTM 25-08 | 2025-08-31 | $1.6B |
| TTM 25-11 | 2025-11-30 | $1.6B |
| TTM 26-02 | 2026-02-28 | $1.6B |
| TTM 26-05 | 2026-05-31 | $1.8B |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| TTM 10-05 | 2010-05-31 | $724.8M |
| TTM 10-08 | 2010-08-31 | $735.7M |
| TTM 10-11 | 2010-11-30 | $746.5M |
| TTM 11-02 | 2011-02-28 | $777.2M |
| TTM 11-05 | 2011-05-31 | $786.4M |
| TTM 11-08 | 2011-08-31 | $815.3M |
| TTM 11-11 | 2011-11-30 | $829.3M |
| TTM 12-02 | 2012-02-29 | $840.8M |
| TTM 12-05 | 2012-05-31 | $853.9M |
| TTM 12-08 | 2012-08-31 | $862.2M |
| TTM 12-11 | 2012-11-30 | $874.3M |
| TTM 13-02 | 2013-02-28 | $888.9M |
| TTM 13-05 | 2013-05-31 | $904.8M |
| TTM 13-08 | 2013-08-31 | $921.9M |
| TTM 13-11 | 2013-11-30 | $940.5M |
| TTM 14-02 | 2014-02-28 | $966.2M |
| TTM 14-05 | 2014-05-31 | $982.7M |
| TTM 14-08 | 2014-08-31 | $995.1M |
| TTM 14-11 | 2014-11-30 | $1.0B |
| TTM 15-02 | 2015-02-28 | $1.0B |
| TTM 15-05 | 2015-05-31 | $1.1B |
| TTM 15-08 | 2015-08-31 | $1.1B |
| TTM 15-11 | 2015-11-30 | $1.1B |
| TTM 16-02 | 2016-02-29 | $1.1B |
| TTM 16-05 | 2016-05-31 | $1.1B |
| TTM 16-08 | 2016-08-31 | $1.2B |
| TTM 16-11 | 2016-11-30 | $1.2B |
| TTM 17-02 | 2017-02-28 | $1.2B |
| TTM 17-05 | 2017-05-31 | $1.2B |
| TTM 17-08 | 2017-08-31 | $1.2B |
| TTM 17-11 | 2017-11-30 | $1.2B |
| TTM 18-02 | 2018-02-28 | $1.3B |
| TTM 18-05 | 2018-05-31 | $1.3B |
| TTM 18-08 | 2018-08-31 | $1.3B |
| TTM 18-11 | 2018-11-30 | $1.3B |
| TTM 19-02 | 2019-02-28 | $1.4B |
| TTM 19-05 | 2019-05-31 | $1.4B |
| TTM 19-08 | 2019-08-31 | $1.4B |
| TTM 19-11 | 2019-11-30 | $1.4B |
| TTM 20-02 | 2020-02-29 | $1.5B |
| TTM 20-05 | 2020-05-31 | $1.5B |
| TTM 20-08 | 2020-08-31 | $1.4B |
| TTM 20-11 | 2020-11-30 | $1.4B |
| TTM 21-02 | 2021-02-28 | $1.4B |
| TTM 21-05 | 2021-05-31 | $1.5B |
| TTM 21-08 | 2021-08-31 | $1.6B |
| TTM 21-11 | 2021-11-30 | $1.7B |
| TTM 22-02 | 2022-02-28 | $1.8B |
| TTM 22-05 | 2022-05-31 | $1.8B |
| TTM 22-08 | 2022-08-31 | $1.9B |
| TTM 22-11 | 2022-11-30 | $1.9B |
| TTM 23-02 | 2023-02-28 | $2.0B |
| TTM 23-05 | 2023-05-31 | $2.0B |
| TTM 23-08 | 2023-08-31 | $2.1B |
| TTM 23-11 | 2023-11-30 | $2.1B |
| TTM 24-02 | 2024-02-29 | $2.1B |
| TTM 24-05 | 2024-05-31 | $2.2B |
| TTM 24-08 | 2024-08-31 | $2.2B |
| TTM 24-11 | 2024-11-30 | $2.2B |
| TTM 25-02 | 2025-02-28 | $2.3B |
| TTM 25-05 | 2025-05-31 | $2.2B |
| TTM 25-08 | 2025-08-31 | $2.2B |
| TTM 25-11 | 2025-11-30 | $2.2B |
| TTM 26-02 | 2026-02-28 | $2.3B |
| TTM 26-05 | 2026-05-31 | $2.5B |
ZOOM
TTM 10-05
TTM 26-05
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
74
Quality
83
Safety
59
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 10-05 | 2010-05-31 | not scored | not scored | not scored |
| TTM 10-08 | 2010-08-31 | not scored | not scored | not scored |
| TTM 10-11 | 2010-11-30 | not scored | not scored | not scored |
| TTM 11-02 | 2011-02-28 | not scored | not scored | not scored |
| TTM 11-05 | 2011-05-31 | not scored | not scored | not scored |
| TTM 11-08 | 2011-08-31 | not scored | not scored | not scored |
| TTM 11-11 | 2011-11-30 | not scored | not scored | not scored |
| TTM 12-02 | 2012-02-29 | not scored | not scored | not scored |
| TTM 12-05 | 2012-05-31 | not scored | not scored | not scored |
| TTM 12-08 | 2012-08-31 | not scored | not scored | not scored |
| TTM 12-11 | 2012-11-30 | not scored | not scored | not scored |
| TTM 13-02 | 2013-02-28 | not scored | not scored | not scored |
| TTM 13-05 | 2013-05-31 | not scored | not scored | not scored |
| TTM 13-08 | 2013-08-31 | not scored | not scored | not scored |
| TTM 13-11 | 2013-11-30 | not scored | not scored | not scored |
| TTM 14-02 | 2014-02-28 | not scored | not scored | not scored |
| TTM 14-05 | 2014-05-31 | not scored | not scored | not scored |
| TTM 14-08 | 2014-08-31 | not scored | not scored | not scored |
| TTM 14-11 | 2014-11-30 | not scored | not scored | not scored |
| TTM 15-02 | 2015-02-28 | not scored | not scored | not scored |
| TTM 15-05 | 2015-05-31 | not scored | not scored | not scored |
| TTM 15-08 | 2015-08-31 | not scored | not scored | not scored |
| TTM 15-11 | 2015-11-30 | not scored | not scored | not scored |
| TTM 16-02 | 2016-02-29 | not scored | not scored | not scored |
| TTM 16-05 | 2016-05-31 | not scored | not scored | not scored |
| TTM 16-08 | 2016-08-31 | not scored | not scored | not scored |
| TTM 16-11 | 2016-11-30 | not scored | not scored | not scored |
| TTM 17-02 | 2017-02-28 | not scored | not scored | not scored |
| TTM 17-05 | 2017-05-31 | not scored | not scored | not scored |
| TTM 17-08 | 2017-08-31 | not scored | not scored | not scored |
| TTM 17-11 | 2017-11-30 | not scored | not scored | not scored |
| TTM 18-02 | 2018-02-28 | not scored | not scored | not scored |
| TTM 18-05 | 2018-05-31 | not scored | not scored | not scored |
| TTM 18-08 | 2018-08-31 | not scored | not scored | not scored |
| TTM 18-11 | 2018-11-30 | not scored | not scored | not scored |
| TTM 19-02 | 2019-02-28 | not scored | not scored | not scored |
| TTM 19-05 | 2019-05-31 | not scored | not scored | not scored |
| TTM 19-08 | 2019-08-31 | not scored | not scored | not scored |
| TTM 19-11 | 2019-11-30 | not scored | not scored | not scored |
| TTM 20-02 | 2020-02-29 | not scored | not scored | not scored |
| TTM 20-05 | 2020-05-31 | not scored | not scored | not scored |
| TTM 20-08 | 2020-08-31 | not scored | not scored | not scored |
| TTM 20-11 | 2020-11-30 | not scored | not scored | not scored |
| TTM 21-02 | 2021-02-28 | not scored | not scored | not scored |
| TTM 21-05 | 2021-05-31 | not scored | not scored | not scored |
| TTM 21-08 | 2021-08-31 | not scored | not scored | not scored |
| TTM 21-11 | 2021-11-30 | not scored | not scored | not scored |
| TTM 22-02 | 2022-02-28 | not scored | not scored | not scored |
| TTM 22-05 | 2022-05-31 | not scored | not scored | not scored |
| TTM 22-08 | 2022-08-31 | not scored | not scored | not scored |
| TTM 22-11 | 2022-11-30 | not scored | not scored | not scored |
| TTM 23-02 | 2023-02-28 | not scored | not scored | not scored |
| TTM 23-05 | 2023-05-31 | not scored | not scored | not scored |
| TTM 23-08 | 2023-08-31 | 74 | 85 | 76 |
| TTM 23-11 | 2023-11-30 | 40 | 86 | 75 |
| TTM 24-02 | 2024-02-29 | 60 | 86 | 79 |
| TTM 24-05 | 2024-05-31 | 32 | 85 | 85 |
| TTM 24-08 | 2024-08-31 | 35 | 85 | 82 |
| TTM 24-11 | 2024-11-30 | 46 | 85 | 83 |
| TTM 25-02 | 2025-02-28 | 52 | 86 | 86 |
| TTM 25-05 | 2025-05-31 | 46 | 83 | 53 |
| TTM 25-08 | 2025-08-31 | 62 | 83 | 51 |
| TTM 25-11 | 2025-11-30 | 65 | 83 | 59 |
| TTM 26-02 | 2026-02-28 | 68 | 83 | 67 |
| TTM 26-05 | 2026-05-31 | 74 | 83 | 59 |