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
TTM 21-08 → TTM 26-05 · following the period bar 6 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | no filing | no filing | 10-Q Q3 2026 | 10-K FY 2026 |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | no filing | 10-Q Q2 2020 | no filing | no filing |
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 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 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 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 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 |