87/100B117.030
USD
-2.47
(-2.07%)
Pre Open
Fair value141.10Plus-17%117Price 117.03195
Q2 FY2027 · Earnings report
EPS estimate 1.30Revenue estimate 1.62B
Q2 FY2027 · Earnings report
EPS estimate 1.30Revenue estimate 1.62B
Paychex income statement 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
6.60B USD over the last twelve months, and 6.51B USD in fiscal year 2026.
Revenue Operating income Net income
Click a line's chart icon in the table to add it to the chart; hover over it for a quick look.
| Fiscal year | TTM 31 Aug 2026 | FY2026 31 May 2026 | FY2025 31 May 2025 | FY2024 31 May 2024 | FY2023 31 May 2023 | FY2022 31 May 2022 | FY2021 31 May 2021 | FY2020 31 May 2020 | FY2019 31 May 2019 | FY2018 31 May 2018 | FY2017 31 May 2017 | FY2016 31 May 2016 | FY2015 31 May 2015 | FY2014 31 May 2014 | FY2013 31 May 2013 | FY2012 31 May 2012 | FY2011 31 May 2011 | FY2010 31 May 2010 | FY2009 31 May 2009 | FY2008 31 May 2008 | FY2007 31 May 2007 | FY2006 31 May 2006 | FY2005 31 May 2005 | FY2004 31 May 2004 | FY2003 31 May 2003 | FY2002 31 May 2002 | FY2001 31 May 2001 | FY2000 31 May 2000 | FY1999 31 May 1999 | FY1998 31 May 1998 | FY1997 31 May 1997 | FY1996 31 May 1996 | FY1995 31 May 1995 | FY1994 31 May 1994 | FY1993 31 May 1993 | FY1992 31 May 1992 | FY1991 31 May 1991 | FY1990 31 May 1990 | FY1989 31 May 1989 | FY1988 31 May 1988 | FY1987 31 May 1987 | FY1986 31 May 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 6.60B | 6.51B | 5.57B | 5.28B | 5.01B | 4.61B | 4.06B | 4.04B | 3.77B | 3.38B | 3.15B | 2.95B | 2.74B | 2.52B | 2.33B | 2.23B | 2.08B | 2.00B | 2.08B | 2.07B | 1.89B | 1.67B | 1.45B | 1.29B | 1.05B | 954.91M | 869.86M | 728.12M | 1.18B | 993.40M | 734.70M | 325.30M | 267.20M | 224.10M | 190.00M | 161.30M | 137.10M | 120.20M | 101.20M | 79.40M | 63.90M | 50.70M |
Revenue growth | +13.97% | +16.88% | +5.56% | +5.42% | +8.57% | +13.68% | +0.40% | +7.10% | +11.58% | +7.29% | +6.76% | |||||||||||||||||||||||||||||||
Cost of revenue | 1.69B | 1.67B | 1.54B | 1.48B | 1.45B | 1.36B | 1.27B | 1.28B | 1.18B | 1.02B | 919.60M | 857.10M | 808.00M | 732.50M | 671.30M | 680.80M | 653.60M | 653.59M | 680.52M | 660.74M | 615.48M | 560.26M | 329.51M | 303.44M | 257.65M | 220.70M | 200.35M | 137.00M | 697.20M | 604.20M | 428.60M | 82.90M | 67.60M | 56.90M | 50.00M | 43.40M | 41.60M | 37.70M | 29.60M | 27.50M | 18.30M | 15.20M |
Gross profit | 4.91B | 4.84B | 4.03B | 3.80B | 3.55B | 3.26B | 2.79B | 2.76B | 2.59B | 2.36B | 2.23B | 2.09B | 1.93B | 1.79B | 1.65B | 1.55B | 1.43B | 1.35B | 1.40B | 1.41B | 1.27B | 1.11B | 1.12B | 990.91M | 788.38M | 734.21M | 669.51M | 591.12M | 478.20M | 389.20M | 306.10M | 242.40M | 199.60M | 167.20M | 140.00M | 117.90M | 95.50M | 82.50M | 71.60M | 51.90M | 45.60M | 35.50M |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 74.39% | 74.29% | 72.35% | 71.97% | 70.98% | 70.59% | 68.67% | 68.30% | 68.78% | 69.90% | 70.82% | |||||||||||||||||||||||||||||||
Selling, general and administrative | 2.32B | 2.33B | 1.82B | 1.62B | 1.52B | 1.42B | 1.32B | 1.30B | 1.22B | 1.08B | 992.10M | 948.20M | 878.00M | 803.70M | 750.10M | 695.10M | 644.30M | 622.44M | 597.04M | 577.32M | 569.94M | 464.77M | 581.86M | 557.60M | 440.39M | 370.52M | 332.80M | 295.75M | 257.80M | 227.30M | 188.10M | 161.00M | 137.60M | 119.20M | 102.70M | 89.20M | 73.80M | 63.00M | 51.50M | 40.80M | 32.10M | 25.20M |
Operating expenses | 2.32B | 2.33B | 1.82B | 1.62B | 1.52B | 1.42B | 1.32B | 1.30B | 1.22B | 1.08B | 992.10M | 948.20M | 878.00M | 803.70M | 750.10M | 695.10M | 644.30M | 622.44M | 597.04M | 577.32M | 569.94M | 464.59M | 581.86M | 557.60M | 387.34M | 370.52M | 332.80M | 332.23M | 290.70M | 254.60M | 209.50M | 174.90M | 148.60M | 130.40M | 113.40M | 99.00M | 82.20M | 70.30M | 57.40M | 41.10M | 35.50M | 27.80M |
| 2.59B | 2.51B | 2.21B | 2.17B | 2.03B | 1.84B | 1.46B | 1.46B | 1.37B | 1.29B | 1.24B | 1.15B | 1.05B | 982.70M | 904.80M | 853.90M | 786.40M | 724.80M | 805.20M | 828.27M | 701.55M | 649.75M | 533.78M | 433.32M | 401.04M | 363.69M | 336.70M | 258.89M | 187.50M | 134.60M | 96.60M | 67.50M | 51.00M | 36.80M | 26.60M | 18.90M | 13.30M | 12.20M | 14.20M | 10.80M | 10.10M | 7.70M | |
Operating income growth | +17.47% | +13.72% | +1.55% | +6.94% | +10.49% | +25.97% | +0.01% | +6.50% | +6.51% | +3.86% | +8.11% | |||||||||||||||||||||||||||||||
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 39.19% | 38.55% | 39.62% | 41.19% | 40.60% | 39.90% | 36.01% | 36.15% | 36.35% | 38.08% | 39.34% | |||||||||||||||||||||||||||||||
Interest income | — | 63.40M | 72.80M | 82.70M | 49.10M | 2.90M | 2.30M | 12.30M | 13.30M | 11.90M | 9.90M | 8.40M | 7.80M | 6.90M | 6.70M | 6.50M | 48.10M | 55.03M | 75.45M | 131.79M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Interest expense | 266.40M | 269.50M | 105.40M | 37.30M | 36.70M | 36.60M | 35.80M | 38.80M | 17.60M | 3.90M | 2.50M | 1.10M | 700.00K | 1.10M | 100.00K | 100.00K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Other non-operating income | -209.40M | -199.60M | -31.80M | 43.90M | 15.10M | -15.40M | -26.50M | -23.40M | -3.30M | 8.60M | -9.10M | 4.50M | 6.40M | 5.40M | 6.60M | 6.40M | 5.80M | 4.51M | 6.88M | 26.55M | 43.42M | 26.10M | 12.39M | 16.47M | 30.50M | 31.32M | 27.28M | 16.48M | 12.60M | 9.60M | 7.10M | 5.20M | 3.30M | 2.20M | 1.50M | 600.00K | 700.00K | 1.00M | 700.00K | 400.00K | 100.00K | 100.00K |
Pretax income | 2.38B | 2.31B | 2.18B | 2.22B | 2.05B | 1.82B | 1.43B | 1.44B | 1.37B | 1.30B | 1.24B | 1.15B | 1.06B | 988.10M | 911.40M | 860.30M | 792.20M | 729.31M | 812.08M | 854.82M | 743.27M | 674.77M | 546.17M | 449.78M | 431.54M | 395.01M | 363.98M | 275.37M | 200.10M | 144.20M | 103.70M | 72.70M | 54.30M | 39.00M | 28.10M | 19.50M | 14.00M | 13.20M | 14.90M | 11.20M | 10.20M | 7.80M |
Income tax | 572.40M | 550.80M | 518.60M | 527.60M | 490.90M | 431.80M | 336.70M | 339.00M | 333.60M | 362.40M | 427.50M | 394.30M | 385.10M | 360.60M | 342.40M | 312.30M | 276.90M | 252.31M | 278.53M | 278.67M | 227.82M | 209.85M | 177.32M | 146.83M | 138.09M | 120.48M | 109.11M | 85.37M | 61.00M | 42.00M | 28.50M | 20.40M | 15.30M | 10.90M | 8.10M | 5.80M | 4.40M | 4.60M | 5.50M | 4.30M | 5.10M | 3.60M |
Effective tax rate | 24.07% | 23.83% | 23.83% | 23.79% | 23.97% | 23.67% | 23.48% | 23.59% | 24.39% | 27.96% | 34.34% | |||||||||||||||||||||||||||||||
| 1.81B | 1.76B | 1.66B | 1.69B | 1.56B | 1.39B | 1.10B | 1.10B | 1.03B | 933.70M | 817.30M | 756.80M | 674.90M | 627.50M | 569.00M | 548.00M | 515.30M | 477.00M | 533.55M | 576.15M | 515.45M | 464.91M | 368.85M | 302.95M | 293.45M | 274.53M | 254.87M | 190.01M | 139.10M | 102.20M | 75.20M | 52.30M | 39.00M | 28.10M | 20.00M | 13.70M | 9.60M | 8.60M | 9.40M | 6.90M | 5.10M | 4.20M | |
Net income growth | +11.92% | +6.20% | -1.96% | +8.55% | +11.81% | +26.91% | -0.05% | +6.16% | +10.79% | +14.24% | +7.99% | |||||||||||||||||||||||||||||||
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 27.35% | 27.03% | 29.75% | 32.03% | 31.10% | 30.20% | 27.05% | 27.18% | 27.42% | 27.62% | 25.94% | |||||||||||||||||||||||||||||||
Basic shares | 358.13M | 358.90M | 360.20M | 360.30M | 360.40M | 360.60M | 359.90M | 358.50M | 359.20M | 359.00M | 359.80M | 360.70M | 362.90M | 364.50M | 363.80M | 362.40M | 361.80M | 361.36M | 360.78M | 368.42M | 381.15M | 379.47M | 378.34M | 377.22M | 376.26M | 374.75M | 372.78M | 370.60M | 369.69M | 367.09M | 366.25M | 347.79M | 341.16M | 339.64M | 338.29M | 336.54M | 333.47M | 333.10M | 332.49M | 329.95M | 333.30M | 326.51M |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 359.13M | 360.00M | 362.00M | 362.10M | 362.30M | 363.10M | 362.10M | 361.00M | 361.80M | 361.50M | 362.60M | 362.50M | 364.60M | 366.10M | 364.70M | 363.00M | 362.40M | 361.73M | 360.99M | 369.53M | 382.80M | 381.35M | 379.76M | 378.69M | 378.08M | 378.00M | 377.51M | 375.08M | 369.89M | 367.31M | 366.25M | 347.79M | 341.16M | 339.64M | 338.29M | 336.54M | 333.47M | 333.10M | 332.49M | 329.95M | 333.30M | 326.51M |
Change in diluted shares | -0.79% | -0.55% | -0.03% | -0.06% | -0.22% | +0.28% | +0.30% | -0.22% | +0.08% | -0.30% | +0.03% | |||||||||||||||||||||||||||||||
EPS (basic) | 5.05 | 4.90 | 4.60 | 4.69 | 4.32 | 3.86 | 3.05 | 3.06 | 2.88 | 2.60 | 2.27 | 2.10 | 1.86 | 1.72 | 1.56 | 1.51 | 1.42 | 1.32 | 1.48 | 1.56 | 1.35 | 1.23 | 0.97 | 0.80 | 0.78 | 0.73 | 0.68 | 0.51 | 0.25 | 0.28 | 0.21 | 0.15 | 0.11 | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 5.03 | 4.89 | 4.58 | 4.67 | 4.30 | 3.84 | 3.03 | 3.04 | 2.86 | 2.58 | 2.25 | 2.09 | 1.85 | 1.71 | 1.56 | 1.51 | 1.42 | 1.32 | 1.48 | 1.56 | 1.35 | 1.22 | 0.97 | 0.80 | 0.78 | 0.73 | 0.68 | 0.51 | 0.38 | 0.28 | 0.21 | 0.15 | 0.11 | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 |
EPS growth | +13.03% | +6.77% | -1.93% | +8.60% | +11.98% | +26.73% | -0.33% | +6.29% | +10.85% | +14.67% | +7.66% | |||||||||||||||||||||||||||||||
Dividends per share | 4.54 | 4.43 | 4.02 | 3.65 | 3.26 | 2.77 | 2.52 | 2.48 | 2.30 | 2.06 | 1.84 | 1.68 | 1.52 | 1.40 | 1.31 | 1.27 | 1.24 | 1.24 | 1.24 | 1.20 | 0.79 | 0.61 | 0.51 | 0.47 | 0.44 | 0.42 | 0.33 | 0.22 | 0.15 | 0.10 | 0.07 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend growth | +10.19% | +10.20% | +10.14% | +11.96% | +17.69% | +9.92% | +1.61% | +7.83% | +11.65% | +11.96% | +9.52% | |||||||||||||||||||||||||||||||
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 3.07B | 3.02B | 2.49B | 2.43B | 2.26B | 2.05B | 1.66B | 1.67B | 1.56B | 1.43B | 1.38B | 1.26B | 1.15B | 1.08B | 996.40M | 945.30M | 875.10M | 815.75M | 897.85M | 935.43M | 798.53M | 744.17M | 613.24M | 515.23M | 465.60M | 411.09M | 375.84M | 295.38M | 220.47M | 161.96M | 118.00M | 87.00M | 62.00M | 48.00M | 37.30M | 28.70M | 21.70M | 19.50M | 20.10M | 11.10M | 13.50M | 10.30M |
EBITDA margin | 46.55% | 46.30% | 44.70% | 46.07% | 45.17% | 44.52% | 40.97% | 41.34% | 41.30% | 42.28% | 43.82% | |||||||||||||||||||||||||||||||
EBIT | 2.63B | 2.57B | 2.28B | 2.26B | 2.08B | 1.86B | 1.47B | 1.46B | 1.38B | 1.29B | 1.26B | 1.15B | 1.06B | 989.20M | 911.50M | 860.40M | 786.40M | 729.31M | 729.75M | 696.48M | 701.55M | 649.75M | 546.17M | 433.32M | 401.04M | 363.69M | 336.70M | 258.89M | 187.56M | 134.70M | 96.60M | 69.80M | 51.00M | 36.80M | 26.60M | 18.90M | 13.30M | 12.20M | 14.20M | 10.80M | 10.10M | 7.70M |
| Quarter | Q1 FY2027 31 Aug 2026 | Q4 FY2026 31 May 2026 | Q3 FY2026 28 Feb 2026 | Q2 FY2026 30 Nov 2025 | Q1 FY2026 31 Aug 2025 | Q4 FY2025 31 May 2025 | Q3 FY2025 28 Feb 2025 | Q2 FY2025 30 Nov 2024 | Q1 FY2025 31 Aug 2024 | Q4 FY2024 31 May 2024 | Q3 FY2024 29 Feb 2024 | Q2 FY2024 30 Nov 2023 | Q1 FY2024 31 Aug 2023 | Q4 FY2023 31 May 2023 | Q3 FY2023 28 Feb 2023 | Q2 FY2023 30 Nov 2022 | Q1 FY2023 31 Aug 2022 | Q4 FY2022 31 May 2022 | Q3 FY2022 28 Feb 2022 | Q2 FY2022 30 Nov 2021 | Q1 FY2022 31 Aug 2021 | Q4 FY2021 31 May 2021 | Q3 FY2021 28 Feb 2021 | Q2 FY2021 30 Nov 2020 | Q1 FY2021 31 Aug 2020 | Q4 FY2020 31 May 2020 | Q3 FY2020 29 Feb 2020 | Q2 FY2020 30 Nov 2019 | Q1 FY2020 31 Aug 2019 | Q4 FY2019 31 May 2019 | Q3 FY2019 28 Feb 2019 | Q2 FY2019 30 Nov 2018 | Q1 FY2019 31 Aug 2018 | Q4 FY2018 31 May 2018 | Q3 FY2018 28 Feb 2018 | Q2 FY2018 30 Nov 2017 | Q1 FY2018 31 Aug 2017 | Q4 FY2017 31 May 2017 | Q3 FY2017 28 Feb 2017 | Q2 FY2017 30 Nov 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 1.63B | 1.61B | 1.81B | 1.56B | 1.54B | 1.43B | 1.51B | 1.32B | 1.32B | 1.30B | 1.44B | 1.26B | 1.29B | 1.23B | 1.38B | 1.19B | 1.21B | 1.14B | 1.28B | 1.11B | 1.08B | 1.03B | 1.11B | 983.70M | 932.20M | 915.10M | 1.14B | 990.70M | 992.00M | 980.40M | 1.07B | 858.90M | 862.80M | 871.10M | 866.50M | 826.50M | 816.80M | 798.60M | 795.80M | 771.40M |
Revenue growth | +5.88% | +12.49% | +19.87% | +18.28% | +16.80% | +10.21% | +4.84% | +4.69% | +2.53% | +5.33% | ||||||||||||||||||||||||||||||
Cost of revenue | 430.10M | 417.30M | 431.20M | 412.20M | 413.80M | 393.90M | 387.40M | 379.10M | 380.00M | 375.20M | 379.80M | 364.10M | 360.20M | 369.80M | 372.90M | 359.30M | 351.00M | 360.00M | 352.20M | 331.60M | 312.50M | 315.80M | 328.40M | 319.90M | 307.10M | 291.70M | 340.30M | 323.40M | 325.40M | 322.10M | 325.30M | 264.90M | 265.50M | 266.30M | 270.70M | 248.70M | 232.10M | 231.40M | 236.80M | 226.30M |
Gross profit | 1.20B | 1.19B | 1.38B | 1.15B | 1.13B | 1.03B | 1.12B | 937.80M | 938.50M | 919.90M | 1.06B | 893.80M | 925.80M | 859.80M | 1.01B | 831.00M | 855.20M | 784.30M | 923.80M | 776.90M | 770.40M | 713.40M | 783.30M | 663.80M | 625.10M | 623.40M | 802.40M | 667.30M | 666.60M | 658.30M | 745.10M | 594.00M | 597.30M | 604.80M | 595.80M | 577.80M | 584.70M | 567.20M | 559.00M | 545.10M |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 73.62% | 74.01% | 76.16% | 73.54% | 73.13% | 72.40% | 74.33% | 71.21% | 71.18% | 71.03% | ||||||||||||||||||||||||||||||
Selling, general and administrative | 581.20M | 583.50M | 585.70M | 573.50M | 584.30M | 602.30M | 429.80M | 399.70M | 391.80M | 438.10M | 409.70M | 387.60M | 389.50M | 406.50M | 396.20M | 358.70M | 359.60M | 390.30M | 361.00M | 336.60M | 327.50M | 359.60M | 314.70M | 309.50M | 341.10M | 323.80M | 332.30M | 325.60M | 317.50M | 343.80M | 315.80M | 286.80M | 277.00M | 287.00M | 303.30M | 245.60M | 239.70M | 268.30M | 252.40M | 234.00M |
Operating expenses | 581.20M | 583.50M | 585.70M | 573.50M | 584.30M | 602.30M | 429.80M | 399.70M | 391.80M | 438.10M | 409.70M | 387.70M | 389.50M | 406.50M | 396.20M | 358.70M | 359.60M | 390.30M | 361.00M | 336.60M | 327.50M | 359.60M | 314.70M | 309.50M | 341.10M | 323.80M | 332.30M | 325.60M | 317.50M | 343.80M | 315.80M | 286.80M | 277.00M | 287.00M | 303.30M | 245.60M | 239.70M | 268.30M | 252.40M | 234.00M |
| 619.20M | 604.70M | 792.00M | 571.90M | 541.90M | 431.10M | 691.80M | 538.10M | 546.70M | 481.80M | 649.80M | 506.20M | 536.30M | 453.30M | 611.90M | 472.30M | 495.60M | 394.00M | 562.80M | 440.30M | 442.90M | 353.80M | 468.60M | 354.30M | 284.00M | 299.60M | 470.10M | 341.70M | 349.10M | 314.50M | 429.30M | 307.20M | 320.30M | 317.80M | 292.50M | 332.20M | 345.00M | 298.90M | 306.60M | 311.10M | |
Operating income growth | +14.26% | +40.27% | +14.48% | +6.28% | -0.88% | -10.52% | +6.46% | +6.30% | +1.94% | +6.29% | ||||||||||||||||||||||||||||||
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 37.98% | 37.66% | 43.78% | 36.72% | 35.19% | 30.20% | 45.84% | 40.86% | 41.46% | 37.20% | ||||||||||||||||||||||||||||||
Interest income | — | 13.00M | 15.20M | 18.70M | 18.70M | 20.50M | 16.60M | 15.80M | 19.90M | 21.60M | 19.30M | 20.30M | 21.50M | 18.80M | 14.80M | 10.10M | 5.40M | 1.80M | 500.00K | 400.00K | 200.00K | 900.00K | 300.00K | 500.00K | 600.00K | 1.40M | 3.10M | 3.30M | 4.50M | 4.20M | 3.10M | 2.80M | 3.20M | 3.20M | 3.10M | 2.70M | 2.90M | 2.70M | 2.40M | 2.40M |
Interest expense | 65.10M | 64.70M | 68.10M | 68.50M | 68.20M | 63.70M | 22.60M | 9.50M | 9.60M | 9.50M | 9.90M | 8.50M | 9.40M | 9.40M | 9.00M | 9.20M | 9.10M | 9.10M | 9.00M | 9.30M | 9.20M | 9.00M | 8.80M | 9.00M | 9.00M | 9.10M | 9.30M | 10.10M | 10.30M | 9.20M | 6.70M | 800.00K | 900.00K | 700.00K | 1.10M | 1.30M | 800.00K | 600.00K | 600.00K | 600.00K |
Other non-operating income | -54.20M | -50.50M | -53.00M | -51.70M | -44.40M | -41.80M | -6.00M | 5.60M | 10.40M | 10.00M | 9.40M | 11.70M | 12.80M | 10.30M | 5.50M | 2.90M | -3.60M | -5.20M | -8.50M | -2.70M | 1.00M | -7.90M | -6.00M | -4.70M | -7.90M | -8.00M | -5.90M | -4.70M | -4.80M | -4.00M | -3.70M | 2.10M | 2.30M | 2.50M | 2.30M | 1.70M | 2.10M | 1.60M | 1.20M | 900.00K |
Pretax income | 565.00M | 554.20M | 739.00M | 520.20M | 497.50M | 389.30M | 685.80M | 543.70M | 557.10M | 491.80M | 659.20M | 517.90M | 549.10M | 463.60M | 617.40M | 475.20M | 492.00M | 388.80M | 554.30M | 437.60M | 443.90M | 345.90M | 462.60M | 349.60M | 276.10M | 291.60M | 464.20M | 337.00M | 344.30M | 310.50M | 425.60M | 309.30M | 322.60M | 320.30M | 294.80M | 333.90M | 347.10M | 300.50M | 307.80M | 312.00M |
Income tax | 135.30M | 133.60M | 178.70M | 124.80M | 113.70M | 92.10M | 166.50M | 130.30M | 129.70M | 111.90M | 160.60M | 125.20M | 129.90M | 113.20M | 150.00M | 114.90M | 112.80M | 92.40M | 123.60M | 105.50M | 110.30M | 82.90M | 112.10M | 77.20M | 64.50M | 70.90M | 109.70M | 78.30M | 80.10M | 80.10M | 101.00M | 73.50M | 79.00M | 91.80M | 34.40M | 116.90M | 119.30M | 105.20M | 105.30M | 109.90M |
Effective tax rate | 23.95% | 24.11% | 24.18% | 23.99% | 22.85% | 23.66% | 24.28% | 23.97% | 23.28% | 22.75% | ||||||||||||||||||||||||||||||
| 429.70M | 420.60M | 560.30M | 395.40M | 383.80M | 297.20M | 519.30M | 413.40M | 427.40M | 379.90M | 498.60M | 392.70M | 419.20M | 350.40M | 467.40M | 360.30M | 379.20M | 296.40M | 430.70M | 332.10M | 333.60M | 263.00M | 350.50M | 272.40M | 211.60M | 220.70M | 354.50M | 258.70M | 264.20M | 230.40M | 324.60M | 235.80M | 243.60M | 228.50M | 260.40M | 217.00M | 227.80M | 195.30M | 202.50M | 202.10M | |
Net income growth | +11.96% | +41.52% | +7.90% | -4.35% | -10.20% | -21.77% | +4.15% | +5.27% | +1.96% | +8.42% | ||||||||||||||||||||||||||||||
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 26.35% | 26.20% | 30.97% | 25.39% | 24.92% | 20.82% | 34.41% | 31.39% | 32.42% | 29.33% | ||||||||||||||||||||||||||||||
Basic shares | 355.80M | 357.60M | 359.40M | 359.70M | 360.10M | 360.30M | 360.10M | 360.00M | 360.10M | 360.00M | 359.90M | 360.50M | 360.80M | 360.50M | 360.50M | 360.50M | 360.10M | 360.80M | 360.90M | 360.70M | 360.10M | 360.20M | 360.60M | 360.00M | 359.10M | 358.70M | 358.50M | 358.10M | 358.60M | 359.40M | 359.20M | 359.10M | 359.10M | 359.00M | 359.20M | 359.10M | 358.90M | 359.30M | 359.00M | 360.20M |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 356.60M | 358.20M | 360.60M | 361.10M | 361.90M | 362.30M | 362.00M | 361.80M | 361.90M | 361.80M | 361.70M | 362.10M | 362.80M | 362.30M | 362.30M | 362.30M | 362.40M | 363.30M | 363.40M | 363.10M | 362.80M | 362.70M | 362.80M | 362.00M | 361.30M | 360.70M | 361.00M | 360.60M | 361.50M | 362.50M | 361.60M | 361.50M | 361.50M | 361.50M | 362.00M | 361.40M | 361.30M | 362.10M | 361.80M | 362.60M |
Change in diluted shares | -1.46% | -1.13% | -0.39% | -0.19% | 0.00% | +0.14% | +0.08% | -0.08% | -0.25% | -0.14% | ||||||||||||||||||||||||||||||
EPS (basic) | 1.21 | 1.18 | 1.56 | 1.10 | 1.07 | 0.82 | 1.44 | 1.15 | 1.19 | 1.06 | 1.39 | 1.09 | 1.16 | 0.97 | 1.30 | 1.00 | 1.05 | 0.82 | 1.19 | 0.92 | 0.93 | 0.73 | 0.97 | 0.76 | 0.59 | 0.62 | 0.99 | 0.72 | 0.74 | 0.64 | 0.90 | 0.66 | 0.68 | 0.64 | 0.72 | 0.55 | 0.63 | 0.54 | 0.56 | 0.56 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 1.21 | 1.17 | 1.55 | 1.10 | 1.06 | 0.82 | 1.43 | 1.14 | 1.18 | 1.05 | 1.38 | 1.08 | 1.16 | 0.97 | 1.29 | 0.99 | 1.05 | 0.82 | 1.19 | 0.91 | 0.92 | 0.73 | 0.97 | 0.75 | 0.59 | 0.61 | 0.98 | 0.72 | 0.73 | 0.64 | 0.90 | 0.65 | 0.67 | 0.63 | 0.72 | 0.55 | 0.63 | 0.54 | 0.56 | 0.56 |
EPS growth | +14.15% | +42.68% | +8.39% | -3.51% | -10.17% | -21.90% | +3.62% | +5.56% | +1.72% | +8.25% | ||||||||||||||||||||||||||||||
Dividends per share | 1.19 | 1.19 | 1.08 | 1.08 | 1.08 | 1.08 | 0.98 | 0.98 | 0.98 | 0.98 | 0.89 | 0.89 | 0.89 | 0.89 | 0.79 | 0.79 | 0.79 | 0.79 | 0.66 | 0.66 | 0.66 | 0.66 | 0.62 | 0.62 | 0.62 | 0.62 | 0.62 | 0.62 | 0.62 | 0.62 | 0.56 | 0.56 | 0.56 | 0.56 | 0.50 | 0.50 | 0.50 | 0.46 | 0.46 | 0.46 |
Dividend growth | +10.19% | +10.19% | +10.20% | +10.20% | +10.20% | +10.20% | +10.11% | +10.11% | +10.11% | +10.11% | ||||||||||||||||||||||||||||||
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 729.00M | 728.50M | 918.10M | 697.80M | 675.00M | 538.70M | 751.50M | 594.90M | 605.70M | 546.90M | 713.90M | 571.30M | 599.70M | 517.10M | 670.60M | 528.70M | 545.10M | 447.00M | 611.70M | 495.50M | 498.80M | 402.30M | 517.80M | 407.20M | 358.00M | 351.30M | 520.20M | 396.70M | 402.00M | 375.60M | 482.30M | 344.00M | 356.20M | 337.80M | 405.60M | 336.80M | 349.30M | 335.10M | 337.60M | 341.10M |
EBITDA margin | 44.71% | 45.38% | 50.75% | 44.80% | 43.83% | 37.74% | 49.80% | 45.17% | 45.94% | 42.23% | ||||||||||||||||||||||||||||||
EBIT | 619.20M | 615.30M | 807.10M | 588.70M | 565.70M | 453.00M | 708.40M | 553.20M | 566.70M | 501.30M | 669.10M | 526.40M | 558.50M | 473.00M | 626.40M | 484.40M | 501.10M | 397.90M | 563.30M | 446.90M | 453.10M | 354.90M | 471.40M | 358.60M | 308.40M | 299.60M | 470.10M | 341.70M | 349.10M | 319.80M | 429.30M | 307.20M | 320.30M | 302.10M | 372.40M | 306.10M | 320.20M | 298.90M | 306.60M | 311.10M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Paychex's income statement
Source: Financial Modeling Prep