PAYCHEX INC

Services-Engineering, Accounting, Research, Management·ROCHESTER, NY·FY end 05/31·CIK 723531

Financials

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$5.6B	$5.3B	$5.0B	$4.6B	$4.1B
Gross Profit	—	—	—	—	—	—
Operating Income	$2.2B	$2.2B	$2.0B	$1.8B	$1.5B
Net Income	—	—	—	—	—	—
Operating CF	$1.9B	$1.9B	$1.7B	$1.5B	$1.3B
Capex	$191.8M	$161.4M	$143.0M	$132.6M	$114.6M
Free Cash Flow	$1.7B	$1.7B	$1.6B	$1.4B	$1.1B
Buybacks	$104.5M	$169.2M	—	$145.2M	$155.7M
Dividends	$1.4B	$1.3B	$1.2B	$999.6M	$908.7M

Gross Margin	—	—	—	—	—	—
Operating Margin	39.6%	41.2%	40.6%	39.9%	36.0%
Net Margin	—	—	—	—	—	—
FCF Margin	30.7%	32.9%	31.1%	29.8%	28.2%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	23.8%	23.8%	24.0%	23.7%	23.5%
Debt / Equity	2.30	0.42	0.46	0.52	0.54
Buybacks / FCF	6.1%	9.7%	—	10.6%	13.6%

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