Paychex Inc

PAYX

Equity

ISIN US7043261079 / Valor 960724

NASDAQ (2024-09-18)

USD 132.50-1.80%

Paychex Inc
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About company

Paychex Inc, founded in 1971 by B. Thomas Golisano, is a leading provider of integrated human capital management solutions for small and medium-sized businesses. The company specializes in offering services such as HR, payroll, retirement plans, employee benefits, and business insurance. Paychex is known for simplifying the complexities of payroll processing for businesses, making it easier for them to manage their human resources effectively. With a focus on innovation and customer service, Paychex has established itself as a key player in the industry, helping businesses streamline their operations and improve efficiency.

Summarized from source with an LLMView SourceSector: Technology

Total Revenue

Paychex Inc. reported a total revenue of $5.28 billion for the fourth quarter of fiscal year 2024, showcasing a robust performance in its financial results. This marks a significant increase compared to previous quarters, reflecting the company's strong market position and effective business strategies.

Operating Income

For the fourth quarter of fiscal year 2024, Paychex Inc. achieved an operating income of $2.17 billion. This impressive figure underscores the company's operational efficiency and its ability to generate substantial earnings from its core business activities.

Adjusted Diluted Earnings Per Share

Paychex Inc. reported adjusted diluted earnings per share of $4.72 for the fourth quarter of fiscal year 2024. This metric indicates the company's profitability on a per-share basis, adjusted for certain items, and highlights its strong financial health.

Dividends Paid

In the fiscal year ended May 31, 2024, Paychex Inc. paid out $1,315 million in dividends. This substantial dividend payout reflects the company's commitment to returning value to its shareholders and its confidence in sustained financial performance.

Operating Income Margin

Paychex Inc. reported an operating income margin of 41.2% for the fiscal year ended May 31, 2024. This high margin indicates the company's ability to efficiently manage its expenses relative to its revenue, contributing to its overall profitability.

Summarized from source with an LLMView Source

Key figures

13.9%1Y

21.8%3Y

60.1%5Y

Performance

19.6%1Y

23.5%3Y

29.4%5Y

Volatility