PAYCHEX INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that PAYCHEX INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.57B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $5.28B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $5.01B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $4.61B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $4.06B | Jul 14, 2023 |
| FY2020 | May 31, 2020 | $915.10M | Jul 17, 2020 |
| FY2020 | Feb 29, 2020 | $1.14B | Jul 17, 2020 |
| FY2020 | Nov 30, 2019 | $990.70M | Jul 17, 2020 |
| FY2020 | Aug 31, 2019 | $992.00M | Jul 17, 2020 |
| FY2020 | May 31, 2019 | $980.40M | Jul 17, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.41B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $5.13B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $4.91B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $4.55B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $4.00B | Jul 14, 2023 |
| FY2020 | May 31, 2020 | $889.80M | Jul 17, 2020 |
| FY2020 | Feb 29, 2020 | $1.12B | Jul 17, 2020 |
| FY2020 | Nov 30, 2019 | $970.80M | Jul 17, 2020 |
| FY2020 | Aug 31, 2019 | $971.50M | Jul 17, 2020 |
| FY2020 | May 31, 2019 | $958.20M | Jul 17, 2020 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | May 31, 2015 | $161.20M | Jul 21, 2015 |
| FY2015 | Feb 28, 2015 | $169.40M | Jul 21, 2015 |
| FY2015 | Nov 30, 2014 | $173.00M | Jul 21, 2015 |
| FY2015 | Aug 31, 2014 | $171.30M | Jul 21, 2015 |
| FY2015 | May 31, 2014 | $145.90M | Jul 21, 2015 |
| FY2015 | Feb 28, 2014 | $160.10M | Jul 21, 2015 |
| FY2015 | Nov 30, 2013 | $158.70M | Jul 21, 2015 |
| FY2015 | Aug 31, 2013 | $162.80M | Jul 21, 2015 |
| FY2014 | May 31, 2013 | $123.50M | Jul 22, 2014 |
| FY2014 | Feb 28, 2013 | $144.50M | Jul 22, 2014 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $2.21B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $2.17B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $2.03B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $1.84B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $1.46B | Jul 14, 2023 |
| FY2020 | May 31, 2020 | $299.60M | Jul 17, 2020 |
| FY2020 | Feb 29, 2020 | $470.10M | Jul 17, 2020 |
| FY2020 | Nov 30, 2019 | $341.70M | Jul 17, 2020 |
| FY2020 | Aug 31, 2019 | $349.10M | Jul 17, 2020 |
| FY2020 | May 31, 2019 | $314.50M | Jul 17, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $1.82B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $1.62B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $1.52B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $1.42B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $1.32B | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $1.30B | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $1.22B | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $1.07B | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $979.70M | Jul 24, 2019 |
| FY2018 | May 31, 2016 | $948.20M | Jul 20, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $1.90B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $1.90B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $1.71B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $1.59B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $1.26B | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $1.44B | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $1.27B | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $1.28B | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $960.40M | Jul 24, 2019 |
| FY2018 | May 31, 2016 | $1.02B | Jul 20, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $191.80M | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $161.40M | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $143.00M | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $133.80M | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $118.40M | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $127.00M | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $123.80M | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $154.00M | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $94.30M | Jul 24, 2019 |
| FY2018 | May 31, 2016 | $97.70M | Jul 20, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $16.56B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $10.38B | Jul 11, 2025 |
| FY2024 | May 31, 2023 | $10.55B | Jul 11, 2024 |
| FY2023 | May 31, 2022 | $9.64B | Jul 14, 2023 |
| FY2022 | May 31, 2021 | $9.23B | Jul 15, 2022 |
| FY2021 | May 31, 2020 | $8.55B | Jul 16, 2021 |
| FY2020 | May 31, 2019 | $8.68B | Jul 17, 2020 |
| FY2019 | May 31, 2018 | $7.92B | Jul 24, 2019 |
| FY2018 | May 31, 2017 | $6.83B | Jul 20, 2018 |
| FY2017 | May 31, 2016 | $6.44B | Jul 21, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $12.44B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $6.58B | Jul 11, 2025 |
| FY2024 | May 31, 2023 | $7.05B | Jul 11, 2024 |
| FY2023 | May 31, 2022 | $6.55B | Jul 14, 2023 |
| FY2022 | May 31, 2021 | $6.28B | Jul 15, 2022 |
| FY2021 | May 31, 2020 | $5.77B | Jul 16, 2021 |
| FY2020 | May 31, 2019 | $6.06B | Jul 17, 2020 |
| FY2019 | May 31, 2018 | $5.56B | Jul 24, 2019 |
| FY2018 | May 31, 2017 | $4.88B | Jul 20, 2018 |
| FY2017 | May 31, 2016 | $4.53B | Jul 21, 2017 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $4.13B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $3.80B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $3.49B | Jul 11, 2025 |
| FY2025 | May 31, 2022 | $3.09B | Jul 11, 2025 |
| FY2024 | May 31, 2021 | $2.95B | Jul 11, 2024 |
| FY2023 | May 31, 2020 | $2.78B | Jul 14, 2023 |
| FY2022 | May 31, 2019 | $2.62B | Jul 15, 2022 |
| FY2021 | May 31, 2018 | $2.36B | Jul 16, 2021 |
| FY2020 | May 31, 2017 | $2.23B | Jul 17, 2020 |
| FY2019 | May 31, 2016 | $1.91B | Jul 24, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $4.51B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $1.88B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $1.83B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $1.83B | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $1.82B | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $1.79B | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $1.78B | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $814.00M | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $657.10M | Jul 24, 2019 |
| FY2017 | May 31, 2016 | $657.10M | Jul 21, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $2.28B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $2.21B | Jul 11, 2025 |
| FY2024 | May 31, 2023 | $2.02B | Jul 11, 2024 |
| FY2023 | May 31, 2022 | $1.67B | Jul 14, 2023 |
| FY2022 | May 31, 2021 | $1.45B | Jul 15, 2022 |
| FY2021 | May 31, 2020 | $1.43B | Jul 16, 2021 |
| FY2020 | May 31, 2019 | $1.41B | Jul 17, 2020 |
| FY2019 | May 31, 2018 | $1.26B | Jul 24, 2019 |
| FY2018 | May 31, 2017 | $901.70M | Jul 20, 2018 |
| FY2017 | May 31, 2016 | $926.20M | Jul 21, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $1.63B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $1.47B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $1.22B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $370.00M | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $995.20M | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $905.20M | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $673.60M | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $358.20M | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $184.60M | Jul 24, 2019 |
| FY2018 | May 31, 2016 | $131.50M | Jul 20, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $4.95B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $798.60M | Jul 11, 2025 |
| FY2024 | May 31, 2023 | $798.20M | Jul 11, 2024 |
| FY2023 | May 31, 2022 | $797.70M | Jul 14, 2023 |
| FY2022 | May 31, 2021 | $797.30M | Jul 15, 2022 |
| FY2021 | May 31, 2020 | $796.80M | Jul 16, 2021 |
| FY2020 | May 31, 2019 | $796.40M | Jul 17, 2020 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 4 | Jul 11, 2025 |
| FY2025 | May 31, 2024 | 4 | Jul 11, 2025 |
| FY2025 | May 31, 2023 | 4 | Jul 11, 2025 |
| FY2024 | May 31, 2022 | 3 | Jul 11, 2024 |
| FY2023 | May 31, 2021 | 3 | Jul 14, 2023 |
| FY2020 | May 31, 2020 | 0 | Jul 17, 2020 |
| FY2020 | Feb 29, 2020 | 0 | Jul 17, 2020 |
| FY2020 | Nov 30, 2019 | 0 | Jul 17, 2020 |
| FY2020 | Aug 31, 2019 | 0 | Jul 17, 2020 |
| FY2020 | May 31, 2019 | 0 | Jul 17, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 4 | Jul 11, 2025 |
| FY2025 | May 31, 2024 | 4 | Jul 11, 2025 |
| FY2025 | May 31, 2023 | 4 | Jul 11, 2025 |
| FY2024 | May 31, 2022 | 3 | Jul 11, 2024 |
| FY2023 | May 31, 2021 | 3 | Jul 14, 2023 |
| FY2020 | May 31, 2020 | 0 | Jul 17, 2020 |
| FY2020 | Feb 29, 2020 | 0 | Jul 17, 2020 |
| FY2020 | Nov 30, 2019 | 0 | Jul 17, 2020 |
| FY2020 | Aug 31, 2019 | 0 | Jul 17, 2020 |
| FY2020 | May 31, 2019 | 0 | Jul 17, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 360.50M | Jul 11, 2025 |
| FY2025 | May 31, 2024 | 360.10M | Jul 11, 2025 |
| FY2024 | May 31, 2023 | 360.50M | Jul 11, 2024 |
| FY2023 | May 31, 2022 | 359.90M | Jul 14, 2023 |
| FY2022 | May 31, 2021 | 359.80M | Jul 15, 2022 |
| FY2021 | May 31, 2020 | 358.80M | Jul 16, 2021 |
| FY2020 | May 31, 2019 | 359.30M | Jul 17, 2020 |
| FY2019 | May 31, 2018 | 359.00M | Jul 24, 2019 |
| FY2018 | May 31, 2017 | 359.40M | Jul 20, 2018 |
| FY2017 | May 31, 2016 | 360.40M | Jul 21, 2017 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $1.45B | Jul 11, 2025 |
| FY2025 | May 31, 2024 | $1.32B | Jul 11, 2025 |
| FY2025 | May 31, 2023 | $1.18B | Jul 11, 2025 |
| FY2024 | May 31, 2022 | $999.60M | Jul 11, 2024 |
| FY2023 | May 31, 2021 | $908.70M | Jul 14, 2023 |
| FY2022 | May 31, 2020 | $889.40M | Jul 15, 2022 |
| FY2021 | May 31, 2019 | $826.80M | Jul 16, 2021 |
| FY2020 | May 31, 2018 | $739.70M | Jul 17, 2020 |
| FY2019 | May 31, 2017 | $662.30M | Jul 24, 2019 |
| FY2018 | May 31, 2016 | $606.50M | Jul 20, 2018 |