PAYCHEX INC

PAYX Industrials · Construction & Engineering

Latest period 2026-05-31 · 37 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

23-08 → 26-05 12 QUARTERS

SHOWING Discrete quarters as filed — each point is one 10-Q, or a Q4 derived from the 10-K.

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

OVERVIEWQoQ Δ

Latest quarter · ending 2026-05-31 · green = improving · click a row to chart it

Revenue $1.6B −11.2% Gross margin 74.0% −2.2pp Operating margin 37.7% −6.1pp Net margin 26.2% −4.8pp Net income $420.6M −24.9% CHARTED

Debt / equity 1.22 −1.2%

EPS (diluted) — — EBITDA $717.9M −20.5%

Filings

23-08 → 26-05 · following the period bar 12 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
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	no filing	no filing

10-K FY 2026 2026-07-17 Pro → 10-Q Q3 2026 2026-03-26 Pro → 10-Q Q2 2025 2025-12-22 Pro → 10-Q Q1 2025 2025-09-30 Pro → 10-K FY 2025 2025-07-11 Pro → 10-Q Q3 2025 2025-03-26 Pro →

All 12 filings

10-Q Q2 2024 2024-12-19 Pro → 10-Q Q1 2024 2024-10-01 Pro → 10-K FY 2024 2024-07-11 Pro → 10-Q Q3 2024 2024-04-02 Pro → 10-Q Q2 2023 2023-12-21 Pro → 10-Q Q1 2023 2023-09-28 Pro →

Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans

Trends

Quarter-over-quarter, from cached filings

Revenue

Latest$1.6B QoQ−11.2% Periods12

Revenue by period
Period	Period end	Revenue
23-08	2023-08-31	$1.3B
23-11	2023-11-30	$1.3B
24-02	2024-02-29	$1.4B
24-05	2024-05-31	$1.3B
24-08	2024-08-31	$1.3B
24-11	2024-11-30	$1.3B
25-02	2025-02-28	$1.5B
25-05	2025-05-31	$1.4B
25-08	2025-08-31	$1.5B
25-11	2025-11-30	$1.6B
26-02	2026-02-28	$1.8B
26-05	2026-05-31	$1.6B

Net income

Latest$420.6M QoQ−24.9% Periods12

Net income by period
Period	Period end	Net income
23-08	2023-08-31	$419.2M
23-11	2023-11-30	$392.7M
24-02	2024-02-29	$498.6M
24-05	2024-05-31	$379.9M
24-08	2024-08-31	$427.4M
24-11	2024-11-30	$413.4M
25-02	2025-02-28	$519.3M
25-05	2025-05-31	$297.2M
25-08	2025-08-31	$383.8M
25-11	2025-11-30	$395.4M
26-02	2026-02-28	$560.3M
26-05	2026-05-31	$420.6M

Operating income

Latest$604.7M QoQ−23.6% Periods12

Operating income by period
Period	Period end	Operating income
23-08	2023-08-31	$536.3M
23-11	2023-11-30	$506.2M
24-02	2024-02-29	$649.8M
24-05	2024-05-31	$481.8M
24-08	2024-08-31	$546.7M
24-11	2024-11-30	$538.1M
25-02	2025-02-28	$691.8M
25-05	2025-05-31	$431.1M
25-08	2025-08-31	$541.9M
25-11	2025-11-30	$571.9M
26-02	2026-02-28	$792.0M
26-05	2026-05-31	$604.7M

ZOOM

09-08 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

Grade history by period
Period	Period end	Growth	Quality	Safety
23-08	2023-08-31	74	85	76
23-11	2023-11-30	40	86	75
24-02	2024-02-29	60	86	79
24-05	2024-05-31	32	85	85
24-08	2024-08-31	35	85	82
24-11	2024-11-30	46	85	83
25-02	2025-02-28	52	86	86
25-05	2025-05-31	46	83	53
25-08	2025-08-31	62	83	51
25-11	2025-11-30	65	83	59
26-02	2026-02-28	68	83	67
26-05	2026-05-31	74	83	59