PAYX Paychex Inc
Nasdaq, CIK 0000723531, fiscal year ends 05/31. Last price 118.04 on 2026-10-23, market value 42.0 billion dollars.
Machine-readable: PAYX.json, PAYX.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.
| Philosophy | Score | Status | Current inputs as of | History used | Price | Verification | Rules |
|---|---|---|---|---|---|---|---|
| Graham Defensive | 34 partial, missing 3 |
partial: 3 | 2026-05-31 stale: Revenue |
2014–2026 | 2026-10-23 | 14 verified, 16 unverified | method |
| Magic Formula | 92 | ok | 2026-05-31 stale: debt_short |
— | 2026-10-23 | — | method |
| Momentum | 47 | ok | 2026-10-23 | — | 2026-10-23 | — | method |
| Insider | 0 | ok | 2026-10-23 | — | — | — | method |
| Buffett Quality | 66 partial, missing 2, 3 |
partial: 2, 3 | 2026-05-31 stale: debt_short |
2022–2026 | 2026-10-23 | 0 verified, 32 unverified | method |
| Lynch GARP | 47 | ok | 2026-05-31 stale: debt_short |
2021–2026 | 2026-10-23 | 0 verified, 6 unverified | method |
| Graham Enterprising | 43 | ok | 2026-05-31 stale: debt_short |
2021–2026 | 2026-10-23 | 0 verified, 12 unverified | method |
| Piotroski F-Score | 67 | ok | — | 2025–2026 | — | 0 verified, 27 unverified | method |
Market value, source trail
| Input | Value | Unit | Period / date | Source |
|---|---|---|---|---|
| Traded price | 118.04 | USD per traded unit (share or ADS) | 2026-10-23 | Yahoo Finance |
| SEC shares outstanding | 355,980,473 | underlying shares | 2026-08-31 | SEC cover page 10-Q 0000723531-26-000006 (355,980,473 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/payx-20260831.htm 0000723531-26-000006 |
| Depositary ratio | 1.0 | underlying shares per traded unit | domestic 10-K filer; SEC shares are the traded units | |
| Market value price date × latest reported shares | 42,019,935,033 | USD | 2026-10-23 shares at 2026-08-31 | 118.04 (price 2026-10-23) / 1 x 355,980,473 (shares at 2026-08-31) = 42,019,935,033 |
Graham Defensive
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Adequate size | 6.51 revenue $B | >= 1 | 5.0 / 5 |
| 2a Current ratio | 1.28 | >= 2.0 | 4.1 / 15 |
| 2b Long-term debt vs working capital | 2.6 LTD / WC | <= 1.0 | 0.0 / 15 |
| 3 Positive earnings each of 10 years | 5 years reported missing 2016, 2017, 2018, 2019, 2020 | 10 of 10 | None / 15 |
| 4 Dividends every year for 20 years | 20 of 20 XBRL check: 13 years agree, 7 unverified | 20 of 20 | 15.0 / 15 |
| 5 EPS growth, 3-yr avg now vs 10 yrs ago | 2.07 -> 4.71 (+127%) | >= +33% | 10.0 / 10 |
| 6 P/E on 3-year average EPS | 25.0 | <= 15 | 0.0 / 15 |
| 7 P/B <= 1.5, or P/E x P/B <= 22.5 | P/B 11.34, product 284.0 | <= 1.5 or <= 22.5 | 0.0 / 10 |
Inputs, 32 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 118.04 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Revenue | 6512000000.0 | 2026-05-31 stale | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| current_assets | 8093600000.0 | 2026-08-31 | SEC XBRL AssetsCurrent 0000723531-26-000006 | unverified |
| current_liabilities | 6340000000.0 | 2026-08-31 | SEC XBRL LiabilitiesCurrent 0000723531-26-000006 | unverified |
| lt_debt | 4558000000.0 | 2026-08-31 | SEC XBRL LongTermDebtNoncurrent 0000723531-26-000006 | unverified |
| equity | 3705500000.0 | 2026-08-31 | SEC XBRL StockholdersEquity 0000723531-26-000006 | unverified |
| Net income FY2021 | 1393000000.0 | 2022-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Net income FY2022 | 1557000000.0 | 2023-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Net income FY2023 | 1690400000.0 | 2024-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Net income FY2024 | 1657300000.0 | 2025-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Net income FY2025 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Dividend years (Yahoo) | [2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | verified (partly: XBRL covers 13 of 20 years) |
| Dividends per share FY2013 (XBRL) | 1.4 | 2014-05-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000723531-16-000046 | verified |
| Dividends per share FY2014 (XBRL) | 1.52 | 2015-05-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000723531-17-000023 | verified |
| Dividends per share FY2015 (XBRL) | 1.68 | 2016-05-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000723531-18-000026 | verified |
| Dividends per share FY2016 (XBRL) | 1.84 | 2017-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000723531-19-000032 | verified |
| Dividends per share FY2017 (XBRL) | 2.06 | 2018-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000723531-20-000048 | verified |
| Dividends per share FY2018 (XBRL) | 2.3 | 2019-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000723531-21-000035 | verified |
| Dividends per share FY2019 (XBRL) | 2.48 | 2020-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000950170-22-012734 | verified |
| Dividends per share FY2020 (XBRL) | 2.52 | 2021-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000950170-23-032988 | verified |
| Dividends per share FY2021 (XBRL) | 2.77 | 2022-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000950170-24-082958 | verified |
| Dividends per share FY2022 (XBRL) | 3.26 | 2023-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000950170-25-095300 | verified |
| Dividends per share FY2023 (XBRL) | 3.65 | 2024-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001193125-26-307785 | verified |
| Dividends per share FY2024 (XBRL) | 4.02 | 2025-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001193125-26-307785 | verified |
| Dividends per share FY2025 (XBRL) | 4.43 | 2026-05-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001193125-26-307785 | verified |
| EPS diluted FY2014 | 1.85 | 2015-05-31 history | SEC XBRL EarningsPerShareDiluted 0000723531-17-000023 | unverified |
| EPS diluted FY2015 | 2.09 | 2016-05-31 history | SEC XBRL EarningsPerShareDiluted 0000723531-18-000026 | unverified |
| EPS diluted FY2016 | 2.28 | 2017-05-31 history | SEC XBRL EarningsPerShareDiluted 0000723531-19-000032 | unverified |
| EPS diluted FY2023 | 4.67 | 2024-05-31 history | SEC XBRL EarningsPerShareDiluted 0001193125-26-307785 | unverified |
| EPS diluted FY2024 | 4.58 | 2025-05-31 history | SEC XBRL EarningsPerShareDiluted 0001193125-26-307785 | unverified |
| EPS diluted FY2025 | 4.89 | 2026-05-31 history | SEC XBRL EarningsPerShareDiluted 0001193125-26-307785 | unverified |
| Shares outstanding | 355980473.0 | 2026-08-31 | SEC cover page 10-Q 0000723531-26-000006 (355,980,473 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/payx-20260831.htm 0000723531-26-000006 | not cross-checked |
Magic Formula
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (4,558,000,000) - cash | 5.63 % (rank 57) | ||
| Return on capital (EBIT/(NWC+PPE)) net working capital 1,753,600,000 used as reported | 109.27 % (rank 31) | ||
| Combined rank | 88 |
Inputs, 12 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| operating_income | 2510500000.0 | 2026-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | not cross-checked |
| operating_income_q | 619200000.0 | 2026-08-31 | SEC XBRL OperatingIncomeLoss (quarter CY2026Q3) 0000723531-26-000006 | not cross-checked |
| operating_income_q | 541900000.0 | 2025-08-31 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q3) 0000723531-26-000006 | not cross-checked |
| current_assets | 8093600000.0 | 2026-08-31 | SEC XBRL AssetsCurrent 0000723531-26-000006 | not cross-checked |
| current_liabilities | 6340000000.0 | 2026-08-31 | SEC XBRL LiabilitiesCurrent 0000723531-26-000006 | not cross-checked |
| cash | 600900000.0 | 2026-08-31 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000723531-26-000006 | not cross-checked |
| ppe_net | 614600000.0 | 2026-08-31 | SEC XBRL PropertyPlantAndEquipmentNet 0000723531-26-000006 | not cross-checked |
| debt_incl_current | 4558000000.0 | 2026-08-31 | SEC XBRL LongTermDebt 0000723531-26-000006 | not cross-checked |
| debt_short | 0.0 | 2026-05-31 stale | SEC XBRL ShortTermBorrowings 0001193125-26-307785 | not cross-checked |
| shares_out | 355980473.0 | 2026-08-31 | SEC cover page 10-Q 0000723531-26-000006 (355,980,473 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/payx-20260831.htm 0000723531-26-000006 | not cross-checked |
| Price (close) | 118.04 | 2026-10-23 | Yahoo Finance / Alpaca Market Data | not cross-checked |
| note | debt = LongTermDebt (incl. current maturities) + short-term borrowings | not cross-checked |
Momentum
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 12-1 month return | -13.4 % (percentile 21.6) | 10.8 / 50 | |
| 6 month return | 31.5 % (percentile 88.1) | 17.6 / 20 | |
| Price / 52-week high | 0.927 | 13.9 / 15 | |
| Volatility penalty (60d annualised) | 33.3 % | 5.0 / 15 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Adjusted close series (14 months) | 116.85 | 2026-10-23 | Yahoo Finance / Alpaca Market Data daily history | not cross-checked |
Insider
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Open-market buy value / market cap (percentile among buyers) | 0.0 bp | 0.0 / 35 | |
| Distinct buyers | 0 | 0.0 / 25 | |
| Buyer seniority | 0.0 | 0.0 / 20 | |
| Recency (half-life 30d) | 0.0 | 0.0 / 10 | |
| Sales penalty (excludes 10b5-1 plan sales) | 0.2 bp | -3.8 / 0 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Form 4 S VELLI JOSEPH M 2026-10-14 | 844103.52 | 2026-10-14 | SEC Form 4 (insider transactions data set) | not cross-checked |
Buffett Quality
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Average return on equity (net income / year-end equity) | 44.3% over 5 yrs | >= 15% | 25.0 / 25 |
| 2 Profitable every year needs at least 7 years of net income | 5 years reported | all years | None / 15 |
| 3 Net income growth, 3-yr average now vs start of window needs at least 6 years | 5 years reported | >= +10% | None / 10 |
| 4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings | 2.7 years | <= 4 | 15.0 / 15 |
| 5 Operating margin, 5-yr average | 40.0% | >= 20% | 10.0 / 10 |
| 6 Free cash flow / net income, 5-yr (operating cash flow minus capex) | 1.09 | >= 1.0 | 10.0 / 10 |
| 7 Owner-earnings yield (3-yr avg free cash flow / market cap) | 4.6% | >= 7% | 5.9 / 15 |
Inputs, 34 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 118.04 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Net income FY2021 | 1393000000.0 | 2022-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Equity at FY2021 end | 3085200000.0 | 2022-05-31 history | SEC XBRL StockholdersEquity 0000950170-25-095300 | unverified |
| Net income FY2022 | 1557000000.0 | 2023-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Equity at FY2022 end | 3493200000.0 | 2023-05-31 history | SEC XBRL StockholdersEquity 0001193125-26-307785 | unverified |
| Net income FY2023 | 1690400000.0 | 2024-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Equity at FY2023 end | 3801000000.0 | 2024-05-31 history | SEC XBRL StockholdersEquity 0001193125-26-307785 | unverified |
| Net income FY2024 | 1657300000.0 | 2025-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Equity at FY2024 end | 4128000000.0 | 2025-05-31 history | SEC XBRL StockholdersEquity 0000723531-26-000006 | unverified |
| Net income FY2025 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Equity at FY2025 end | 3735100000.0 | 2026-05-31 history | SEC XBRL StockholdersEquity 0000723531-26-000006 | unverified |
| debt_incl_current | 4558000000.0 | 2026-08-31 | SEC XBRL LongTermDebt 0000723531-26-000006 | unverified |
| debt_short | 0.0 | 2026-05-31 stale | SEC XBRL ShortTermBorrowings 0001193125-26-307785 | unverified |
| Operating income FY2021 | 1840000000.0 | 2022-05-31 history | SEC XBRL OperatingIncomeLoss 0000950170-24-082958 | unverified |
| Revenue FY2021 | 4611700000.0 | 2022-05-31 history | SEC XBRL Revenues 0000950170-24-082958 | unverified |
| Operating income FY2022 | 2033100000.0 | 2023-05-31 history | SEC XBRL OperatingIncomeLoss 0000950170-25-095300 | unverified |
| Revenue FY2022 | 5007100000.0 | 2023-05-31 history | SEC XBRL Revenues 0000950170-25-095300 | unverified |
| Operating income FY2023 | 2174100000.0 | 2024-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | unverified |
| Revenue FY2023 | 5278300000.0 | 2024-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| Operating income FY2024 | 2207700000.0 | 2025-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | unverified |
| Revenue FY2024 | 5571700000.0 | 2025-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| Operating income FY2025 | 2510500000.0 | 2026-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | unverified |
| Revenue FY2025 | 6512000000.0 | 2026-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| Operating cash flow FY2021 | 1589700000.0 | 2022-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000950170-24-082958 | unverified |
| Capital expenditure FY2021 | 133800000.0 | 2022-05-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000950170-24-082958 | unverified |
| Operating cash flow FY2022 | 1706200000.0 | 2023-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000950170-25-095300 | unverified |
| Capital expenditure FY2022 | 143000000.0 | 2023-05-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000950170-25-095300 | unverified |
| Operating cash flow FY2023 | 1897700000.0 | 2024-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001193125-26-307785 | unverified |
| Capital expenditure FY2023 | 161400000.0 | 2024-05-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001193125-26-307785 | unverified |
| Operating cash flow FY2024 | 1900900000.0 | 2025-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001193125-26-307785 | unverified |
| Capital expenditure FY2024 | 191800000.0 | 2025-05-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001193125-26-307785 | unverified |
| Operating cash flow FY2025 | 2556700000.0 | 2026-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001193125-26-307785 | unverified |
| Capital expenditure FY2025 | 234900000.0 | 2026-05-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001193125-26-307785 | unverified |
| Shares outstanding | 355980473.0 | 2026-08-31 | SEC cover page 10-Q 0000723531-26-000006 (355,980,473 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/payx-20260831.htm 0000723531-26-000006 | not cross-checked |
Lynch GARP
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 PEG: P/E divided by 5-yr EPS growth (in % points) | 2.4 | <= 1.0 | 0.0 / 30 |
| 2 EPS growth, 5-yr compound rate | +10.0% a year | 12% to 35% a year | 16.7 / 20 |
| 3 P/E on latest annual EPS | 24.1 | <= 25 | 10.0 / 10 |
| 4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings | 1.23 | <= 0.5 | 4.0 / 15 |
| 5 Years of the last 5 in which EPS rose | 4 of 5 | 5 of 5 | 12.0 / 15 |
| 6 Net cash (cash minus borrowings) / market cap | -9.4% | >= +10% | 4.5 / 10 |
Inputs, 7 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 118.04 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| EPS diluted FY2025 | 4.89 | 2026-05-31 history | SEC XBRL EarningsPerShareDiluted 0001193125-26-307785 | unverified |
| EPS diluted FY2020 | 3.03 | 2021-05-31 history | SEC XBRL EarningsPerShareDiluted 0000950170-23-032988 | unverified |
| debt_incl_current | 4558000000.0 | 2026-08-31 | SEC XBRL LongTermDebt 0000723531-26-000006 | unverified |
| debt_short | 0.0 | 2026-05-31 stale | SEC XBRL ShortTermBorrowings 0001193125-26-307785 | unverified |
| equity | 3705500000.0 | 2026-08-31 | SEC XBRL StockholdersEquity 0000723531-26-000006 | unverified |
| cash | 600900000.0 | 2026-08-31 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000723531-26-000006 | unverified |
Graham Enterprising
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Current ratio | 1.28 | >= 1.5 | 8.3 / 15 |
| 2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings | 2.6 x | <= 1.1x | 0.0 / 15 |
| 3 No earnings deficit in the last 5 years | 5 of 5 profitable | 5 of 5 | 15.0 / 15 |
| 4 Pays a current dividend | yes | yes | 10.0 / 10 |
| 5 EPS higher than five years earlier | 3.03 -> 4.89 | higher | 10.0 / 10 |
| 6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets) | 11.34 | <= 1.2 | 0.0 / 20 |
| 7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive | — | <= 0.67 | 0.0 / 15 |
Inputs, 15 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 118.04 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| current_assets | 8093600000.0 | 2026-08-31 | SEC XBRL AssetsCurrent 0000723531-26-000006 | unverified |
| current_liabilities | 6340000000.0 | 2026-08-31 | SEC XBRL LiabilitiesCurrent 0000723531-26-000006 | unverified |
| debt_incl_current | 4558000000.0 | 2026-08-31 | SEC XBRL LongTermDebt 0000723531-26-000006 | unverified |
| debt_short | 0.0 | 2026-05-31 stale | SEC XBRL ShortTermBorrowings 0001193125-26-307785 | unverified |
| Net income FY2021 | 1393000000.0 | 2022-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Net income FY2022 | 1557000000.0 | 2023-05-31 history | SEC XBRL NetIncomeLoss 0001193125-26-382805 | unverified |
| Net income FY2023 | 1690400000.0 | 2024-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Net income FY2024 | 1657300000.0 | 2025-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Net income FY2025 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| Dividend years (Yahoo) | [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | not cross-checked |
| EPS diluted FY2025 | 4.89 | 2026-05-31 history | SEC XBRL EarningsPerShareDiluted 0001193125-26-307785 | unverified |
| EPS diluted FY2020 | 3.03 | 2021-05-31 history | SEC XBRL EarningsPerShareDiluted 0000950170-23-032988 | unverified |
| equity | 3705500000.0 | 2026-08-31 | SEC XBRL StockholdersEquity 0000723531-26-000006 | unverified |
| Shares outstanding | 355980473.0 | 2026-08-31 | SEC cover page 10-Q 0000723531-26-000006 (355,980,473 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/payx-20260831.htm 0000723531-26-000006 | not cross-checked |
Piotroski F-Score
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Return on assets is positive | 10.9% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 2 Operating cash flow is positive | 2,557M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 3 Return on assets improved on the prior year | 10.0% -> 10.9% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 4 Operating cash flow exceeds net income (accruals) | 2,557M vs 1,760M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 5 Long-term debt / assets fell | 27.5% -> 28.2% | pass = 1 | 0.0 / 11.11111111111111 |
| 6 Current ratio improved | 1.28 -> 1.26 | pass = 1 | 0.0 / 11.11111111111111 |
| 7 No new shares issued (share count did not rise) | 360M -> 356M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) | 39.6% -> 38.6% | pass = 1 | 0.0 / 11.11111111111111 |
| 9 Asset turnover (revenue / assets) improved | 0.34 -> 0.40 | pass = 1 | 11.11111111111111 / 11.11111111111111 |
Inputs, 27 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| net_income 2026-05-31 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| total_assets 2026-05-31 | 16174500000.0 | 2026-05-31 history | SEC XBRL Assets 0000723531-26-000006 | unverified |
| cfo 2026-05-31 | 2556700000.0 | 2026-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001193125-26-307785 | unverified |
| net_income 2026-05-31 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| net_income 2025-05-31 | 1657300000.0 | 2025-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| total_assets 2026-05-31 | 16174500000.0 | 2026-05-31 history | SEC XBRL Assets 0000723531-26-000006 | unverified |
| total_assets 2025-05-31 | 16564100000.0 | 2025-05-31 history | SEC XBRL Assets 0001193125-26-307785 | unverified |
| cfo 2026-05-31 | 2556700000.0 | 2026-05-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001193125-26-307785 | unverified |
| net_income 2026-05-31 | 1760100000.0 | 2026-05-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805) 0001193125-26-307785 | unverified |
| lt_debt 2026-05-31 | 4556100000.0 | 2026-05-31 history | SEC XBRL LongTermDebtNoncurrent 0000723531-26-000006 | unverified |
| lt_debt 2025-05-31 | 4548400000.0 | 2025-05-31 history | SEC XBRL LongTermDebtNoncurrent 0001193125-26-307785 | unverified |
| total_assets 2026-05-31 | 16174500000.0 | 2026-05-31 history | SEC XBRL Assets 0000723531-26-000006 | unverified |
| total_assets 2025-05-31 | 16564100000.0 | 2025-05-31 history | SEC XBRL Assets 0001193125-26-307785 | unverified |
| current_assets 2026-05-31 | 8613300000.0 | 2026-05-31 history | SEC XBRL AssetsCurrent 0000723531-26-000006 | unverified |
| current_assets 2025-05-31 | 8916500000.0 | 2025-05-31 history | SEC XBRL AssetsCurrent 0001193125-26-307785 | unverified |
| current_liabilities 2026-05-31 | 6840600000.0 | 2026-05-31 history | SEC XBRL LiabilitiesCurrent 0000723531-26-000006 | unverified |
| current_liabilities 2025-05-31 | 6956300000.0 | 2025-05-31 history | SEC XBRL LiabilitiesCurrent 0001193125-26-307785 | unverified |
| shares_out 2026-08-31 | 355980473.0 | 2026-08-31 history | SEC XBRL EntityCommonStockSharesOutstanding 0000723531-26-000006 | unverified |
| shares_out 2025-08-31 | 359894143.0 | 2025-08-31 history | SEC XBRL EntityCommonStockSharesOutstanding 0001193125-25-224997 | unverified |
| operating_income 2026-05-31 | 2510500000.0 | 2026-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | unverified |
| operating_income 2025-05-31 | 2207700000.0 | 2025-05-31 history | SEC XBRL OperatingIncomeLoss 0001193125-26-307785 | unverified |
| revenue 2026-05-31 | 6512000000.0 | 2026-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| revenue 2025-05-31 | 5571700000.0 | 2025-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| revenue 2026-05-31 | 6512000000.0 | 2026-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| revenue 2025-05-31 | 5571700000.0 | 2025-05-31 history | SEC XBRL Revenues 0001193125-26-307785 | unverified |
| total_assets 2026-05-31 | 16174500000.0 | 2026-05-31 history | SEC XBRL Assets 0000723531-26-000006 | unverified |
| total_assets 2025-05-31 | 16564100000.0 | 2025-05-31 history | SEC XBRL Assets 0001193125-26-307785 | unverified |
Earnings record
| FY | Ended | Revenue, $M | Net income, $M | EPS diluted | Dividend | Filing |
|---|---|---|---|---|---|---|
| 2014 | 2014-05-31 | 2,519 | 628 | 1.71 | paid | 0000723531-15-000011 |
| 2015 | 2015-05-31 | 2,740 | 675 | 1.85 | paid | 0000723531-15-000011 |
| 2016 | 2016-05-31 | 2,952 | 2.09 | paid | 0000723531-18-000026 | |
| 2017 | 2017-05-31 | 3,153 | 2.28 | paid | 0000723531-19-000032 | |
| 2018 | 2018-05-31 | 3,378 | 2.75 | paid | 0000723531-20-000048 | |
| 2019 | 2019-05-31 | 3,772 | 2.86 | paid | 0000723531-21-000035 | |
| 2020 | 2020-05-31 | 4,040 | 3.04 | paid | 0000950170-22-012734 | |
| 2021 | 2021-05-31 | 4,057 | 3.03 | paid | 0000950170-23-032988 | |
| 2022 | 2022-05-31 | 4,612 | 1,393 | 3.84 | paid | 0001193125-26-382805 |
| 2023 | 2023-05-31 | 5,007 | 1,557 | 4.3 | paid | 0001193125-26-382805 |
| 2024 | 2024-05-31 | 5,278 | 1,690 | 4.67 | paid | 0001193125-26-307785 |
| 2025 | 2025-05-31 | 5,572 | 1,657 | 4.58 | paid | 0001193125-26-307785 |
| 2026 | 2026-05-31 | 6,512 | 1,760 | 4.89 | paid | 0001193125-26-307785 |
Insider transactions
| Date | Insider | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-10-14 | Velli Joseph M | director | sale | 7,839 | 107.68 | 844,104 |
| 2026-07-20 | Schrader Robert L. | CFO | sale | 2,600 | 115.09 | 299,234 |
| 2026-07-17 | Simmons Christopher C | officer | sale | 2,615 | 115.92 | 303,131 |
| 2026-07-14 | Mucci Martin | director | sale | 25,000 | 109.93 | 2,748,250 |
| 2026-06-26 | Tucci Joseph M | director | sale | 3,907 | 98.25 | 383,863 |
| 2026-05-13 | Roaldsen Elizabeth | Pres | sale | 459 | 90.00 | 41,310 |
Filings and links
- SEC: filing index, 8-K, Form 4, XBRL companyfacts
- Prices: Yahoo Finance, Stooq
- Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news