FN2 Earnings Intelligence
Paychex, Inc. balance sheet
Paychex, Inc. (PAYX) Balance Sheet (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 5/31/2022 | 5/31/2023 | 5/31/2024 | 5/31/2025 | 5/31/2026 | 5/31/2027 est. | 5/31/2028 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $370 | $1,222 | $1,468.9 | $1,628.6 | $1,088.2 | - | - |
| + Debt | $806.4 | $808.4 | $817.3 | $4,567 | $4,556.1 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $4,611.7 | $5,007.1 | $5,278.3 | $5,571.7 | $6,512 | $6,863.6 | $7,239.4 |
| % Growth | 13.7% | 8.6% | 5.4% | 5.6% | 16.9% | 5.4% | 5.5% |
| Gross Profit | $3,255.4 | $3,554.1 | $3,799 | $4,031.3 | $4,837.5 | - | - |
| % Margin | 70.6% | 71.0% | 72.0% | 72.4% | 74.3% | - | - |
| EBITDA | $2,031.8 | $2,209.7 | $2,350.6 | $2,417.2 | $2,953.1 | - | - |
| % Margin | 44.1% | 44.1% | 44.5% | 43.4% | 45.3% | - | - |
| Net Income | $1,392.8 | $1,557.3 | $1,690.4 | $1,657.3 | $1,760.1 | - | - |
| % Margin | 30.2% | 31.1% | 32.0% | 29.7% | 27.0% | - | - |
| Diluted EPS | $3.84 | $4.30 | $4.67 | $4.58 | $4.89 | $5.97 | $6.41 |
| % Growth | 26.7% | 12.0% | 8.6% | -1.9% | 6.8% | 22.1% | 7.4% |
| Operating Cash Flow | $1,505.5 | $1,699.4 | $1,897.7 | $1,900.9 | $2,556.7 | - | - |
| CapEx | $132.6 | $143 | $161.4 | $191.8 | $234.9 | - | - |
| Free Cash Flow | $1,372.9 | $1,556.4 | $1,736.3 | $1,709.1 | $2,321.8 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 5/31/2022 | 5/31/2023 | 5/31/2024 | 5/31/2025 | 5/31/2026 | 5/31/2027 est. | 5/31/2028 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $4,611.7 | $5,007.1 | $5,278.3 | $5,571.7 | $6,512 | $6,863.6 | $7,239.4 |
| Gross Profit | $3,255.4 | $3,554.1 | $3,799 | $4,031.3 | $4,837.5 | - | - |
| EBITDA | $2,031.8 | $2,209.7 | $2,350.6 | $2,417.2 | $2,953.1 | - | - |
| Net Income | $1,392.8 | $1,557.3 | $1,690.4 | $1,657.3 | $1,760.1 | - | - |
| Diluted EPS | $3.84 | $4.30 | $4.67 | $4.58 | $4.89 | $5.97 | $6.41 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 5/31/2022 | 5/31/2023 | 5/31/2024 | 5/31/2025 | 5/31/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $370 | $1,222 | $1,468.9 | $1,628.6 | $1,088.2 |
| Short-term Debt | $8.7 | $10.2 | $18.7 | $18.6 | $0 |
| Long-term Debt | $797.7 | $798.2 | $798.6 | $4,548.4 | $4,556.1 |
| Total Debt | $806.4 | $808.4 | $817.3 | $4,567 | $4,556.1 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 5/31/2022 | 5/31/2023 | 5/31/2024 | 5/31/2025 | 5/31/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,505.5 | $1,699.4 | $1,897.7 | $1,900.9 | $2,556.7 |
| Capital Expenditure | $132.6 | $143 | $161.4 | $191.8 | $234.9 |
| Free Cash Flow | $1,372.9 | $1,556.4 | $1,736.3 | $1,709.1 | $2,321.8 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 5/31/2022 | 5/31/2023 | 5/31/2024 | 5/31/2025 | 5/31/2026 |
|---|---|---|---|---|---|
| Revenue Growth | 13.7% | 8.6% | 5.4% | 5.6% | 16.9% |
| Gross Margin | 70.6% | 71.0% | 72.0% | 72.4% | 74.3% |
| EBITDA Margin | 44.1% | 44.1% | 44.5% | 43.4% | 45.3% |
| Net Margin | 30.2% | 31.1% | 32.0% | 29.7% | 27.0% |
| FCF Margin | 29.8% | 31.1% | 32.9% | 30.7% | 35.7% |
| Diluted EPS Growth | 26.7% | 12.0% | 8.6% | -1.9% | 6.8% |