Paychex, Inc. Website

Paychex, Inc.

NasdaqGS-PAYX

Income Statement
May '15
May '16
May '17
May '18
May '19
May '20
May '21
May '22
May '23
May '24

Operating Revenues

3,953.6

3,997.5

4,554

4,907.3

5,132

Interest And Invest. Income

86.9

59.3

57.7

99.8

146.3

Total Revenues

4,040.5

4,056.8

4,611.7

5,007.1

5,278.3

Total Revenues % Chg.

7.1%

0.4%

13.7%

8.6%

5.4%

Cost of Goods Sold, Total

1,280.8

1,271.2

1,356.3

1,453

1,479.3

Gross Profit

2,759.7

2,785.6

3,255.4

3,554.1

3,799

Selling General & Admin Expenses, Total

1,299.2

1,324.9

1,415.4

1,521

1,624.9

Other Operating Expenses, Total

1,299.2

1,324.9

1,415.4

1,521

1,624.9

Operating Income

1,460.5

1,460.7

1,840

2,033.1

2,174.1

Interest Expense, Total

-38.8

-35.8

-36.6

-36.7

-37.3

Interest And Investment Income

12.3

2.3

2.9

49.1

82.7

Net Interest Expenses

-26.5

-33.5

-33.7

12.4

45.4

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

—

Other Non Operating Income (Expenses)

—

—

—

-8.2

5.8

18.1

12.5

1.1

EBT, Excl. Unusual Items

1,425.8

1,433

1,824.4

2,058

2,220.6

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

11.3

1.2

0.2

-9.8

-2.6

EBT, Incl. Unusual Items

1,437.1

1,434.2

1,824.6

2,048.2

2,218

Income Tax Expense

339

336.7

431.8

490.9

527.6

Earnings From Continuing Operations

1,098.1

1,097.5

1,392.8

1,557.3

1,690.4

Net Income

1,098.1

1,097.5

1,392.8

1,557.3

1,690.4

Net Income to Common Incl Extra Items

1,098.1

1,097.5

1,392.8

1,557.3

1,690.4

Net Income to Common Excl. Extra Items

1,098.1

1,097.5

1,392.8

1,557.3

1,690.4

Total Shares Outstanding

358.8

359.8

359.9

360.5

360.1

Weighted Avg. Shares Outstanding

358.5

359.9

360.6

360.4

360.3

Weighted Avg. Shares Outstanding Dil

361

362.1

363.1

362.3

362.1

EPS

3.1

3

3.9

4.3

4.7

EPS Diluted

3

3

3.8

4.3

4.7

EBITDA

1,670.2

1,652.7

2,031.8

2,209.7

2,350.6

Effective Tax Rate

23.6%

23.5%

23.7%

24%

23.8%