Paychex

World Rank (Jul-30-2023)
389
Market Cap (Jul-30-2023)
45.616 Billion USD
World Rank (Dec-25-2022)
388
Market Cap (Dec-25-2022)
41.810 Billion USD
World Rank (Jan-07-2022)
419
Market Cap (Jan-07-2022)
46.480 Billion USD
World Rank (Jan-01-2021)
531
Market Cap (Jan-01-2021)
33.604 Billion USD
Company Rank in Country in 2023
Company Rank in USA in July-2023 is 190
Annual Revenue in USD
5,007 Million USD
Annual Net Income in USD
1,557 Million USD
Total Assets in USD
10,546 Million USD
Total Liabilities in USD
7,053 Million USD
Annual Results for Year ending in
May-2023 month
Headquarters State / City
New York
Headquarters Country
USA
Company Business
Industries
Software and IT
Software Products
Consumer Services
Outsourcing and Staffing
Stock Category
S&P 500
Nasdaq 100
Stock Exchange
Nasdaq
Frankfurt
Company Rank in Country in 2022
Company Rank in USA in 2022 is 189
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 242
Rank in Country (Jan-2020)
Rank in USA in 2020 is 217
Number of Employees
16,000
Employee Count as on Date
As on 2022
Chairman
Martin Mucci
CEO:
Martin Mucci
Founders
Tom Golisano
Billionaires related to Enterprise:
Tom Golisano
Yahoo
Yahoo @ Nasdaq
Wikipedia
Wikipedia
Facebook
Facebook
Company Website:
PAYCHEX INC
About Company Business:

PAYCHEX provides software products and solutions related to HR Solutions and Payroll solutions with headquarters in New York, USA. It also provides HR outsourcing services.Paychex technology and service solutions have simplified the complexity of running a business. 

As on 2021, PAYCHEX  15,000 employees and 70,000 business clients.

PAYCHEX annual revenue generated for period ending May-2022 was 4,611 million USD.

PAYCHEX annual net income generated for period ending May-2022 was 1,392 million USD.

Total Assets as on May-2021 was 9,227 Million USD.

Total Liabilities as on May-2021 was 6,279 Million USD.

Total Equity as on May-2021 was 2,948 Million USD.

IPO Year
1983
Founded Year
1971
Annual Results Summary:

PAYCHEX - Annual Results Summary - in Million USD

Year Ending: Total Revenue Gross Profit Operating Income Net Income
May-2023 5,007 3,554 2,033 1,557
May-2022 4,611 3,255 1,840 1,392
May-2021 4,056 2,785 1,460 1,097
May-2020 4,040 2,759 1,460 1,098
May-2019 3,772 2,594 1,371 1,034
May-2018 3,381 2,363 1,287 934
Balance Sheet Summary

PAYCHEX - Balance Sheet Summary - in Million USD

Year Ending:

 Total Assets Total Liabilities Total Equity
May-2023 10,546 7,053 3,493
May-2022 9635 6550 3085
May-2021 9,227 6,279 2,948
May-2020 8,551 5,769 2,781
May-2019 8,676 6,057 2,620
May-2018 7,915 5,559 2,357
Quarterly Results Summary:

PAYCHEX - Quarterly Results Summary - in Million USD

Quarterly Ending:

 Total Revenue Operating Income Net Income
Aug-2023 1,286 536 419
May-2023 1,229 453 350
Feb-2023 1,381 611 467
Nov-2022 1,190 472 360
May-2022 1,144 394 296
Feb-2022 1,276 562 430
Nov-2021 1,108 440 332
Aug-2021 1,083 443 334
May-2021 1,029 354 263
Feb-2021 1,112 469 351
Nov-2020 984 354 272
Institutional Investors

Top 30 Institutional Holder Names in PAYCHEX as on SEP-30-2023

RANK INSTITUTION NAME DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
1 VANGUARD GROUP INC 09/30/2023 2,99,31,007 1,70,453 0.57% $3,486,663
2 BLACKROCK INC. 09/30/2023 2,70,80,292 1,46,888 0.55% $3,154,583
3 CAPITAL INTERNATIONAL INVESTORS 09/30/2023 1,69,80,869 -18,42,821 -9.79% $1,978,101
4 STATE STREET CORP 09/30/2023 1,27,20,406 -1,82,289 -1.41% $1,481,800
5 BANK OF NEW YORK MELLON CORP 09/30/2023 1,13,31,387 9,27,584 8.92% $1,319,993
6 WELLS FARGO & COMPANY/MN 09/30/2023 96,98,681 42,551 0.44% $1,129,799
7 GEODE CAPITAL MANAGEMENT, LLC 09/30/2023 85,16,924 2,06,281 2.48% $992,136
8 BANK OF AMERICA CORP /DE/ 09/30/2023 73,68,569 1,25,084 1.73% $858,365
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 09/30/2023 67,97,671 1,78,316 2.69% $791,861
10 NORTHERN TRUST CORP 09/30/2023 44,81,555 2,46,791 5.83% $522,056
11 FMR LLC 09/30/2023 43,17,629 -1,50,443 -3.37% $502,961
12 MORGAN STANLEY 09/30/2023 35,98,560 1,82,648 5.35% $419,196
13 GOLDMAN SACHS GROUP INC 09/30/2023 27,39,005 9,50,916 53.18% $319,067
14 ENVESTNET ASSET MANAGEMENT INC 09/30/2023 26,31,066 5,54,968 26.73% $306,493
15 LEGAL & GENERAL GROUP PLC 09/30/2023 26,17,205 -62,246 -2.32% $304,878
16 SELECT EQUITY GROUP, L.P. 09/30/2023 23,48,201 1,997 0.09% $273,542
17 FIRST TRUST ADVISORS LP 09/30/2023 22,44,775 -2,00,139 -8.19% $261,494
18 LONDON CO OF VIRGINIA 09/30/2023 22,32,288 -88,235 -3.80% $260,039
19 INVESCO LTD. 09/30/2023 21,79,380 1,68,773 8.39% $253,876
20 ROYAL BANK OF CANADA 09/30/2023 20,59,748 2,55,165 14.14% $239,940
21 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 09/30/2023 19,80,989 -5,475 -0.28% $230,765
22 FIL LTD 09/30/2023 19,25,000 19,25,000 New $224,243
23 UBS ASSET MANAGEMENT AMERICAS INC 09/30/2023 17,15,105 -4,31,564 -20.10% $199,793
24 BAHL & GAYNOR INC 09/30/2023 16,47,222 -31,321 -1.87% $191,885
25 AMERIPRISE FINANCIAL INC 09/30/2023 16,30,944 11,36,456 229.83% $189,989
26 DIMENSIONAL FUND ADVISORS LP 09/30/2023 16,28,101 36,421 2.29% $189,657
27 FEDERATED HERMES, INC. 09/30/2023 15,44,806 11,91,539 337.29% $179,954
28 ALLIANCEBERNSTEIN L.P. 09/30/2023 14,96,776 -2,50,836 -14.35% $174,359
29 GUINNESS ASSET MANAGEMENT LTD 09/30/2023 13,63,393 36,927 2.78% $158,822
30 UBS GROUP AG 09/30/2023 13,47,263 20,307 1.53% $156,943

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