{ "ticker": "PAYX", "name": "Paychex Inc", "legal_name": "PAYCHEX INC", "cik": "0000723531", "exchange": "Nasdaq", "sic": "8700", "industry": "Services-Engineering, Accounting, Research, Management", "state": "DE", "fiscal_year_end": "0531", "is_financial": false, "is_utility": false, "snapshot_date": "2026-10-26", "price": { "value": 118.04, "as_of": "2026-10-23", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1" }, "market_cap": { "value": 42019935032.920006, "as_of": "2026-10-23", "unit": "USD", "meaning": "price on the price date x latest reported point-in-time shares (see inputs.share_count_as_of)", "warning": null, "unavailable_reason": null, "inputs": { "traded_price": { "value": 118.04, "as_of": "2026-10-23", "unit": "USD per traded unit (share or ADS)", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1" }, "sec_shares_outstanding": { "value": 355980473.0, "unit": "underlying shares", "concept": "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", "period_end": "2026-08-31", "accession": "0000723531-26-000006", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm" }, "depositary_ratio": { "value": 1.0, "unit": "underlying shares per traded unit", "status": "domestic", "source": "10-K filer; SEC shares are the traded units", "evidence_url": null, "evidence_form": null, "evidence_filed": null, "body_snippet": null }, "formula": "market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used", "split_adjustment": null, "share_count_as_of": "2026-08-31", "share_count_age_days_at_price_date": 53, "warning": null, "computed": "118.04 (price 2026-10-23) / 1 x 355,980,473 (shares at 2026-08-31) = 42,019,935,033" } }, "share_basis": { "ratio": 1.0, "status": "domestic", "source": "10-K filer; SEC shares are the traded units", "evidence": null, "meaning": "SEC share counts and per-share figures are per underlying share; ratio = underlying shares per traded unit (1 for domestic common stock; N for an ADS representing N shares)." }, "scores": { "graham": { "score": 34.1, "status": "partial: 3", "complete": false, "missing_tests": [ "3" ], "passes_all": false, "data_as_of": "2026-05-31", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [ "Revenue" ], "history_from": "2014", "history_through": "2026", "price_as_of": "2026-10-23", "price_stale": false, "verification": { "verified": 14, "mismatch": 0, "unverified": 16, "not_cross_checked": 2 }, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/graham", "components": [ { "test": "1", "name": "Adequate size", "value": 6.51, "unit": "revenue $B", "threshold": ">= 1", "points": 5.0, "max": 5 }, { "test": "2a", "name": "Current ratio", "value": 1.28, "threshold": ">= 2.0", "points": 4.1, "max": 15 }, { "test": "2b", "name": "Long-term debt vs working capital", "value": 2.6, "unit": "LTD / WC", "threshold": "<= 1.0", "points": 0.0, "max": 15, "note": null }, { "test": "3", "name": "Positive earnings each of 10 years", "value": "5 years reported", "threshold": "10 of 10", "points": null, "max": 15, "missing_years": [ 2016, 2017, 2018, 2019, 2020 ] }, { "test": "4", "name": "Dividends every year for 20 years", "value": "20 of 20", "threshold": "20 of 20", "points": 15.0, "max": 15, "missing_years": [], "cross_check": { "verified_years": [ 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 ], "mismatch_years": [], "unverified_years": [ 2006, 2007, 2008, 2009, 2010, 2011, 2012 ] }, "note": null }, { "test": "5", "name": "EPS growth, 3-yr avg now vs 10 yrs ago", "value": "2.07 -> 4.71 (+127%)", "threshold": ">= +33%", "points": 10.0, "max": 10 }, { "test": "6", "name": "P/E on 3-year average EPS", "value": 25.0, "threshold": "<= 15", "points": 0.0, "max": 15, "note": null }, { "test": "7", "name": "P/B <= 1.5, or P/E x P/B <= 22.5", "value": "P/B 11.34, product 284.0", "threshold": "<= 1.5 or <= 22.5", "points": 0.0, "max": 10 } ], "inputs": [ { "name": "Price (close, per traded unit)", "value": 118.04, "kind": "price", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1", "period": "2026-10-23", "age_days": 3, "stale": false }, { "name": "Revenue", "value": 6512000000.0, "kind": "current", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24288144, "verified": "unverified", "age_days": 148, "stale": true }, { "name": "current_assets", "value": 8093600000.0, "kind": "current", "source": "SEC XBRL AssetsCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24339606, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "current_liabilities", "value": 6340000000.0, "kind": "current", "source": "SEC XBRL LiabilitiesCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24366517, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "lt_debt", "value": 4558000000.0, "kind": "current", "source": "SEC XBRL LongTermDebtNoncurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24417408, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "equity", "value": 3705500000.0, "kind": "current", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24499163, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "Net income FY2021", "value": 1393000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2022-05-31", "accession": "0001193125-26-382805", "fact_id": 20719571, "verified": "unverified", "age_days": 1609 }, { "name": "Net income FY2022", "value": 1557000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2023-05-31", "accession": "0001193125-26-382805", "fact_id": 20726735, "verified": "unverified", "age_days": 1244 }, { "name": "Net income FY2023", "value": 1690400000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20733772, "verified": "unverified", "age_days": 878 }, { "name": "Net income FY2024", "value": 1657300000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20740367, "verified": "unverified", "age_days": 513 }, { "name": "Net income FY2025", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "Dividend years (Yahoo)", "value": [ 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 ], "kind": "history", "source": "Yahoo Finance dividend history", "url": "https://finance.yahoo.com/quote/PAYX/history?filter=div", "period": null, "verified": "verified (partly: XBRL covers 13 of 20 years)", "note": "XBRL dividends-per-share facts cover 13 of the 20 years" }, { "name": "Dividends per share FY2013 (XBRL)", "value": 1.4, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareCashPaid", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353116000046/", "period": "2014-05-31", "accession": "0000723531-16-000046", "fact_id": 20887278, "verified": "verified", "age_days": 4531 }, { "name": "Dividends per share FY2014 (XBRL)", "value": 1.52, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareCashPaid", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353117000023/", "period": "2015-05-31", "accession": "0000723531-17-000023", "fact_id": 20889172, "verified": "verified", "age_days": 4166 }, { "name": "Dividends per share FY2015 (XBRL)", "value": 1.68, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareCashPaid", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353118000026/", "period": "2016-05-31", "accession": "0000723531-18-000026", "fact_id": 20890992, "verified": "verified", "age_days": 3800 }, { "name": "Dividends per share FY2016 (XBRL)", "value": 1.84, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353119000032/", "period": "2017-05-31", "accession": "0000723531-19-000032", "fact_id": 20891683, "verified": "verified", "age_days": 3435 }, { "name": "Dividends per share FY2017 (XBRL)", "value": 2.06, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353120000048/", "period": "2018-05-31", "accession": "0000723531-20-000048", "fact_id": 20893460, "verified": "verified", "age_days": 3070 }, { "name": "Dividends per share FY2018 (XBRL)", "value": 2.3, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353121000035/", "period": "2019-05-31", "accession": "0000723531-21-000035", "fact_id": 20895216, "verified": "verified", "age_days": 2705 }, { "name": "Dividends per share FY2019 (XBRL)", "value": 2.48, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/", "period": "2020-05-31", "accession": "0000950170-22-012734", "fact_id": 20896923, "verified": "verified", "age_days": 2339 }, { "name": "Dividends per share FY2020 (XBRL)", "value": 2.52, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/", "period": "2021-05-31", "accession": "0000950170-23-032988", "fact_id": 20898571, "verified": "verified", "age_days": 1974 }, { "name": "Dividends per share FY2021 (XBRL)", "value": 2.77, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "period": "2022-05-31", "accession": "0000950170-24-082958", "fact_id": 20900173, "verified": "verified", "age_days": 1609 }, { "name": "Dividends per share FY2022 (XBRL)", "value": 3.26, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2023-05-31", "accession": "0000950170-25-095300", "fact_id": 20901765, "verified": "verified", "age_days": 1244 }, { "name": "Dividends per share FY2023 (XBRL)", "value": 3.65, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20903410, "verified": "verified", "age_days": 878 }, { "name": "Dividends per share FY2024 (XBRL)", "value": 4.02, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20905056, "verified": "verified", "age_days": 513 }, { "name": "Dividends per share FY2025 (XBRL)", "value": 4.43, "kind": "history", "source": "SEC XBRL CommonStockDividendsPerShareDeclared", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24309226, "verified": "verified", "age_days": 148 }, { "name": "EPS diluted FY2014", "value": 1.85, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353117000023/", "period": "2015-05-31", "accession": "0000723531-17-000023", "fact_id": 20757619, "verified": "unverified", "age_days": 4166 }, { "name": "EPS diluted FY2015", "value": 2.09, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353118000026/", "period": "2016-05-31", "accession": "0000723531-18-000026", "fact_id": 20762016, "verified": "unverified", "age_days": 3800 }, { "name": "EPS diluted FY2016", "value": 2.28, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353119000032/", "period": "2017-05-31", "accession": "0000723531-19-000032", "fact_id": 20766179, "verified": "unverified", "age_days": 3435 }, { "name": "EPS diluted FY2023", "value": 4.67, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20798653, "verified": "unverified", "age_days": 878 }, { "name": "EPS diluted FY2024", "value": 4.58, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20804557, "verified": "unverified", "age_days": 513 }, { "name": "EPS diluted FY2025", "value": 4.89, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24299173, "verified": "unverified", "age_days": 148 }, { "name": "Shares outstanding", "value": 355980473.0, "kind": "current", "source": "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", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24599764, "age_days": 56, "stale": false } ] }, "magic_formula": { "score": 91.5, "status": "ok", "complete": true, "missing_tests": [], "passes_all": null, "data_as_of": "2026-05-31", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [ "debt_short" ], "history_from": null, "history_through": null, "price_as_of": "2026-10-23", "price_stale": null, "verification": null, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/magic_formula", "components": [ { "name": "Earnings yield (EBIT/EV)", "value": 5.63, "unit": "%", "rank": 57, "note": "EBIT trailing twelve months; EV = market cap + debt (4,558,000,000) - cash" }, { "name": "Return on capital (EBIT/(NWC+PPE))", "value": 109.27, "unit": "%", "rank": 31, "note": "net working capital 1,753,600,000 used as reported" }, { "name": "Combined rank", "value": 88, "of": 199 } ], "inputs": [ { "name": "operating_income", "value": 2510500000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24304538, "age_days": 148 }, { "name": "operating_income_q", "value": 619200000.0, "kind": "current", "source": "SEC XBRL OperatingIncomeLoss (quarter CY2026Q3)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 23913546, "age_days": 56, "stale": false }, { "name": "operating_income_q", "value": 541900000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss (quarter CY2025Q3)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2025-08-31", "accession": "0000723531-26-000006", "fact_id": 23922967, "age_days": 421 }, { "name": "current_assets", "value": 8093600000.0, "kind": "current", "source": "SEC XBRL AssetsCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24339606, "age_days": 56, "stale": false }, { "name": "current_liabilities", "value": 6340000000.0, "kind": "current", "source": "SEC XBRL LiabilitiesCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24366517, "age_days": 56, "stale": false }, { "name": "cash", "value": 600900000.0, "kind": "current", "source": "SEC XBRL CashAndCashEquivalentsAtCarryingValue", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24532992, "age_days": 56, "stale": false }, { "name": "ppe_net", "value": 614600000.0, "kind": "current", "source": "SEC XBRL PropertyPlantAndEquipmentNet", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24559432, "age_days": 56, "stale": false }, { "name": "debt_incl_current", "value": 4558000000.0, "kind": "current", "source": "SEC XBRL LongTermDebt", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24428744, "age_days": 56, "stale": false }, { "name": "debt_short", "value": 0.0, "kind": "current", "source": "SEC XBRL ShortTermBorrowings", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24443902, "age_days": 148, "stale": true }, { "name": "shares_out", "value": 355980473.0, "kind": "current", "source": "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", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24599764, "age_days": 56, "stale": false }, { "name": "Price (close)", "value": 118.04, "kind": "price", "source": "Yahoo Finance / Alpaca Market Data", "url": null, "period": "2026-10-23", "age_days": 3, "stale": false }, { "name": "note", "value": "debt = LongTermDebt (incl. current maturities) + short-term borrowings" } ] }, "momentum": { "score": 47.3, "status": "ok", "complete": true, "missing_tests": [], "passes_all": null, "data_as_of": "2026-10-23", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [], "history_from": null, "history_through": null, "price_as_of": "2026-10-23", "price_stale": null, "verification": null, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/momentum", "components": [ { "name": "12-1 month return", "value": -13.4, "unit": "%", "percentile": 21.6, "points": 10.8, "max": 50 }, { "name": "6 month return", "value": 31.5, "unit": "%", "percentile": 88.1, "points": 17.6, "max": 20 }, { "name": "Price / 52-week high", "value": 0.927, "points": 13.9, "max": 15 }, { "name": "Volatility penalty (60d annualised)", "value": 33.3, "unit": "%", "points": 5.0, "max": 15 } ], "inputs": [ { "name": "Adjusted close series (14 months)", "value": 116.85, "kind": "price", "source": "Yahoo Finance / Alpaca Market Data daily history", "url": null, "period": "2026-10-23", "age_days": 3, "stale": false } ] }, "insider": { "score": 0.0, "status": "ok", "complete": true, "missing_tests": [], "passes_all": null, "data_as_of": "2026-10-23", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [], "history_from": null, "history_through": null, "price_as_of": null, "price_stale": null, "verification": null, "coverage": { "window_start": "2026-07-28", "through": "2026-10-23", "missing_days": 3, "note": "Form 4 data loaded through 2026-10-23" }, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/insider", "components": [ { "name": "Open-market buy value / market cap (percentile among buyers)", "value": 0.0, "unit": "bp", "points": 0.0, "max": 35 }, { "name": "Distinct buyers", "value": 0, "points": 0.0, "max": 25 }, { "name": "Buyer seniority", "value": 0.0, "points": 0.0, "max": 20 }, { "name": "Recency (half-life 30d)", "value": 0.0, "points": 0.0, "max": 10 }, { "name": "Sales penalty (excludes 10b5-1 plan sales)", "value": 0.2, "unit": "bp", "points": -3.8, "max": 0 } ], "inputs": [ { "name": "Form 4 S VELLI JOSEPH M 2026-10-14", "value": 844103.52, "shares": 7839.0, "price": 107.68, "role": "director", "period": "2026-10-14", "source": "SEC Form 4 (insider transactions data set)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526424044/#live" } ] }, "buffett": { "score": 65.9, "status": "partial: 2, 3", "complete": false, "missing_tests": [ "2", "3" ], "passes_all": false, "data_as_of": "2026-05-31", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [ "debt_short" ], "history_from": "2022", "history_through": "2026", "price_as_of": "2026-10-23", "price_stale": false, "verification": { "verified": 0, "mismatch": 0, "unverified": 32, "not_cross_checked": 2 }, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/buffett", "components": [ { "test": "1", "name": "Average return on equity (net income / year-end equity)", "value": "44.3% over 5 yrs", "threshold": ">= 15%", "points": 25.0, "max": 25 }, { "test": "2", "name": "Profitable every year", "value": "5 years reported", "threshold": "all years", "points": null, "max": 15, "note": "needs at least 7 years of net income" }, { "test": "3", "name": "Net income growth, 3-yr average now vs start of window", "value": "5 years reported", "threshold": ">= +10%", "points": null, "max": 10, "note": "needs at least 6 years" }, { "test": "4", "name": "Borrowings / 3-yr average earnings (years to repay)", "value": 2.7, "threshold": "<= 4", "points": 15.0, "max": 15, "unit": "years", "note": "LongTermDebt (incl. current maturities) + short-term borrowings" }, { "test": "5", "name": "Operating margin, 5-yr average", "value": "40.0%", "threshold": ">= 20%", "points": 10.0, "max": 10 }, { "test": "6", "name": "Free cash flow / net income, 5-yr (operating cash flow minus capex)", "value": "1.09", "threshold": ">= 1.0", "points": 10.0, "max": 10 }, { "test": "7", "name": "Owner-earnings yield (3-yr avg free cash flow / market cap)", "value": "4.6%", "threshold": ">= 7%", "points": 5.9, "max": 15 } ], "inputs": [ { "name": "Price (close, per traded unit)", "value": 118.04, "kind": "price", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1", "period": "2026-10-23", "age_days": 3, "stale": false }, { "name": "Net income FY2021", "value": 1393000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2022-05-31", "accession": "0001193125-26-382805", "fact_id": 20719571, "verified": "unverified", "age_days": 1609 }, { "name": "Equity at FY2021 end", "value": 3085200000.0, "kind": "history", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2022-05-31", "accession": "0000950170-25-095300", "fact_id": 22878883, "verified": "unverified", "age_days": 1609 }, { "name": "Net income FY2022", "value": 1557000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2023-05-31", "accession": "0001193125-26-382805", "fact_id": 20726735, "verified": "unverified", "age_days": 1244 }, { "name": "Equity at FY2022 end", "value": 3493200000.0, "kind": "history", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2023-05-31", "accession": "0001193125-26-307785", "fact_id": 22905557, "verified": "unverified", "age_days": 1244 }, { "name": "Net income FY2023", "value": 1690400000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20733772, "verified": "unverified", "age_days": 878 }, { "name": "Equity at FY2023 end", "value": 3801000000.0, "kind": "history", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 22930701, "verified": "unverified", "age_days": 878 }, { "name": "Net income FY2024", "value": 1657300000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20740367, "verified": "unverified", "age_days": 513 }, { "name": "Equity at FY2024 end", "value": 4128000000.0, "kind": "history", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2025-05-31", "accession": "0000723531-26-000006", "fact_id": 24487805, "verified": "unverified", "age_days": 513 }, { "name": "Net income FY2025", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "Equity at FY2025 end", "value": 3735100000.0, "kind": "history", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24499858, "verified": "unverified", "age_days": 148 }, { "name": "debt_incl_current", "value": 4558000000.0, "kind": "current", "source": "SEC XBRL LongTermDebt", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24428744, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "debt_short", "value": 0.0, "kind": "current", "source": "SEC XBRL ShortTermBorrowings", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24443902, "verified": "unverified", "age_days": 148, "stale": true }, { "name": "Operating income FY2021", "value": 1840000000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "period": "2022-05-31", "accession": "0000950170-24-082958", "fact_id": 20859517, "verified": "unverified", "age_days": 1609 }, { "name": "Revenue FY2021", "value": 4611700000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "period": "2022-05-31", "accession": "0000950170-24-082958", "fact_id": 20639107, "verified": "unverified", "age_days": 1609 }, { "name": "Operating income FY2022", "value": 2033100000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2023-05-31", "accession": "0000950170-25-095300", "fact_id": 20865351, "verified": "unverified", "age_days": 1244 }, { "name": "Revenue FY2022", "value": 5007100000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2023-05-31", "accession": "0000950170-25-095300", "fact_id": 20644299, "verified": "unverified", "age_days": 1244 }, { "name": "Operating income FY2023", "value": 2174100000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20871080, "verified": "unverified", "age_days": 878 }, { "name": "Revenue FY2023", "value": 5278300000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20649496, "verified": "unverified", "age_days": 878 }, { "name": "Operating income FY2024", "value": 2207700000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20876405, "verified": "unverified", "age_days": 513 }, { "name": "Revenue FY2024", "value": 5571700000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20654504, "verified": "unverified", "age_days": 513 }, { "name": "Operating income FY2025", "value": 2510500000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24304538, "verified": "unverified", "age_days": 148 }, { "name": "Revenue FY2025", "value": 6512000000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24288144, "verified": "unverified", "age_days": 148 }, { "name": "Operating cash flow FY2021", "value": 1589700000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "period": "2022-05-31", "accession": "0000950170-24-082958", "fact_id": 20956344, "verified": "unverified", "age_days": 1609 }, { "name": "Capital expenditure FY2021", "value": 133800000.0, "kind": "history", "source": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "period": "2022-05-31", "accession": "0000950170-24-082958", "fact_id": 21024762, "verified": "unverified", "age_days": 1609 }, { "name": "Operating cash flow FY2022", "value": 1706200000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2023-05-31", "accession": "0000950170-25-095300", "fact_id": 20963386, "verified": "unverified", "age_days": 1244 }, { "name": "Capital expenditure FY2022", "value": 143000000.0, "kind": "history", "source": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "period": "2023-05-31", "accession": "0000950170-25-095300", "fact_id": 21029223, "verified": "unverified", "age_days": 1244 }, { "name": "Operating cash flow FY2023", "value": 1897700000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20970322, "verified": "unverified", "age_days": 878 }, { "name": "Capital expenditure FY2023", "value": 161400000.0, "kind": "history", "source": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 21033613, "verified": "unverified", "age_days": 878 }, { "name": "Operating cash flow FY2024", "value": 1900900000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20976816, "verified": "unverified", "age_days": 513 }, { "name": "Capital expenditure FY2024", "value": 191800000.0, "kind": "history", "source": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 21037791, "verified": "unverified", "age_days": 513 }, { "name": "Operating cash flow FY2025", "value": 2556700000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24311108, "verified": "unverified", "age_days": 148 }, { "name": "Capital expenditure FY2025", "value": 234900000.0, "kind": "history", "source": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24316951, "verified": "unverified", "age_days": 148 }, { "name": "Shares outstanding", "value": 355980473.0, "kind": "current", "source": "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", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24599764, "age_days": 56, "stale": false } ] }, "lynch": { "score": 47.2, "status": "ok", "complete": true, "missing_tests": [], "passes_all": false, "data_as_of": "2026-05-31", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [ "debt_short" ], "history_from": "2021", "history_through": "2026", "price_as_of": "2026-10-23", "price_stale": false, "verification": { "verified": 0, "mismatch": 0, "unverified": 6, "not_cross_checked": 1 }, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/lynch", "components": [ { "test": "1", "name": "PEG: P/E divided by 5-yr EPS growth (in % points)", "value": 2.4, "threshold": "<= 1.0", "points": 0.0, "max": 30 }, { "test": "2", "name": "EPS growth, 5-yr compound rate", "value": "+10.0% a year", "threshold": "12% to 35% a year", "points": 16.7, "max": 20 }, { "test": "3", "name": "P/E on latest annual EPS", "value": 24.1, "threshold": "<= 25", "points": 10.0, "max": 10 }, { "test": "4", "name": "Borrowings / equity", "value": 1.23, "threshold": "<= 0.5", "points": 4.0, "max": 15, "note": "LongTermDebt (incl. current maturities) + short-term borrowings" }, { "test": "5", "name": "Years of the last 5 in which EPS rose", "value": "4 of 5", "threshold": "5 of 5", "points": 12.0, "max": 15 }, { "test": "6", "name": "Net cash (cash minus borrowings) / market cap", "value": "-9.4%", "threshold": ">= +10%", "points": 4.5, "max": 10 } ], "inputs": [ { "name": "Price (close, per traded unit)", "value": 118.04, "kind": "price", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1", "period": "2026-10-23", "age_days": 3, "stale": false }, { "name": "EPS diluted FY2025", "value": 4.89, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24299173, "verified": "unverified", "age_days": 148 }, { "name": "EPS diluted FY2020", "value": 3.03, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/", "period": "2021-05-31", "accession": "0000950170-23-032988", "fact_id": 20781865, "verified": "unverified", "age_days": 1974 }, { "name": "debt_incl_current", "value": 4558000000.0, "kind": "current", "source": "SEC XBRL LongTermDebt", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24428744, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "debt_short", "value": 0.0, "kind": "current", "source": "SEC XBRL ShortTermBorrowings", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24443902, "verified": "unverified", "age_days": 148, "stale": true }, { "name": "equity", "value": 3705500000.0, "kind": "current", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24499163, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "cash", "value": 600900000.0, "kind": "current", "source": "SEC XBRL CashAndCashEquivalentsAtCarryingValue", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24532992, "verified": "unverified", "age_days": 56, "stale": false } ] }, "graham_enterprising": { "score": 43.3, "status": "ok", "complete": true, "missing_tests": [], "passes_all": false, "data_as_of": "2026-05-31", "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [ "debt_short" ], "history_from": "2021", "history_through": "2026", "price_as_of": "2026-10-23", "price_stale": false, "verification": { "verified": 0, "mismatch": 0, "unverified": 12, "not_cross_checked": 3 }, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/graham_enterprising", "components": [ { "test": "1", "name": "Current ratio", "value": 1.28, "threshold": ">= 1.5", "points": 8.3, "max": 15 }, { "test": "2", "name": "Borrowings vs working capital", "value": 2.6, "threshold": "<= 1.1x", "points": 0.0, "max": 15, "unit": "x", "note": "LongTermDebt (incl. current maturities) + short-term borrowings" }, { "test": "3", "name": "No earnings deficit in the last 5 years", "value": "5 of 5 profitable", "threshold": "5 of 5", "points": 15.0, "max": 15 }, { "test": "4", "name": "Pays a current dividend", "value": "yes", "threshold": "yes", "points": 10.0, "max": 10 }, { "test": "5", "name": "EPS higher than five years earlier", "value": "3.03 -> 4.89", "threshold": "higher", "points": 10.0, "max": 10 }, { "test": "6", "name": "Price / book value per share", "value": 11.34, "threshold": "<= 1.2", "points": 0.0, "max": 20, "note": "book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)" }, { "test": "7", "name": "Price / net current asset value per share (current assets minus all liabilities)", "value": null, "threshold": "<= 0.67", "points": 0.0, "max": 15, "note": "net current asset value not positive" } ], "inputs": [ { "name": "Price (close, per traded unit)", "value": 118.04, "kind": "price", "source": "Alpaca Market Data (consolidated SIP daily bar)", "url": "https://docs.alpaca.markets/docs/historical-stock-data-1", "period": "2026-10-23", "age_days": 3, "stale": false }, { "name": "current_assets", "value": 8093600000.0, "kind": "current", "source": "SEC XBRL AssetsCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24339606, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "current_liabilities", "value": 6340000000.0, "kind": "current", "source": "SEC XBRL LiabilitiesCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24366517, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "debt_incl_current", "value": 4558000000.0, "kind": "current", "source": "SEC XBRL LongTermDebt", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24428744, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "debt_short", "value": 0.0, "kind": "current", "source": "SEC XBRL ShortTermBorrowings", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24443902, "verified": "unverified", "age_days": 148, "stale": true }, { "name": "Net income FY2021", "value": 1393000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2022-05-31", "accession": "0001193125-26-382805", "fact_id": 20719571, "verified": "unverified", "age_days": 1609 }, { "name": "Net income FY2022", "value": 1557000000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "period": "2023-05-31", "accession": "0001193125-26-382805", "fact_id": 20726735, "verified": "unverified", "age_days": 1244 }, { "name": "Net income FY2023", "value": 1690400000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2024-05-31", "accession": "0001193125-26-307785", "fact_id": 20733772, "verified": "unverified", "age_days": 878 }, { "name": "Net income FY2024", "value": 1657300000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20740367, "verified": "unverified", "age_days": 513 }, { "name": "Net income FY2025", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "Dividend years (Yahoo)", "value": [ 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 ], "kind": "history", "source": "Yahoo Finance dividend history", "url": "https://finance.yahoo.com/quote/PAYX/history?filter=div", "period": null }, { "name": "EPS diluted FY2025", "value": 4.89, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24299173, "verified": "unverified", "age_days": 148 }, { "name": "EPS diluted FY2020", "value": 3.03, "kind": "history", "source": "SEC XBRL EarningsPerShareDiluted", "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/", "period": "2021-05-31", "accession": "0000950170-23-032988", "fact_id": 20781865, "verified": "unverified", "age_days": 1974 }, { "name": "equity", "value": 3705500000.0, "kind": "current", "source": "SEC XBRL StockholdersEquity", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24499163, "verified": "unverified", "age_days": 56, "stale": false }, { "name": "Shares outstanding", "value": 355980473.0, "kind": "current", "source": "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", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24599764, "age_days": 56, "stale": false } ] }, "piotroski": { "score": 66.7, "status": "ok", "complete": true, "missing_tests": [], "passes_all": false, "data_as_of": null, "data_as_of_meaning": "oldest current-period input the score depends on", "stale_inputs": [], "history_from": "2025", "history_through": "2026", "price_as_of": null, "price_stale": false, "verification": { "verified": 0, "mismatch": 0, "unverified": 27, "not_cross_checked": 0 }, "coverage": null, "computed_on": "2026-10-26", "rules_url": "https://theclaudetrader.com/p/piotroski", "components": [ { "test": "1", "name": "Return on assets is positive", "value": "10.9%", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 }, { "test": "2", "name": "Operating cash flow is positive", "value": "2,557M", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 }, { "test": "3", "name": "Return on assets improved on the prior year", "value": "10.0% -> 10.9%", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 }, { "test": "4", "name": "Operating cash flow exceeds net income (accruals)", "value": "2,557M vs 1,760M", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 }, { "test": "5", "name": "Long-term debt / assets fell", "value": "27.5% -> 28.2%", "threshold": "pass = 1", "points": 0.0, "max": 11.11111111111111 }, { "test": "6", "name": "Current ratio improved", "value": "1.28 -> 1.26", "threshold": "pass = 1", "points": 0.0, "max": 11.11111111111111 }, { "test": "7", "name": "No new shares issued (share count did not rise)", "value": "360M -> 356M", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 }, { "test": "8", "name": "Operating margin improved (stand-in for gross margin, which the dataset does not carry)", "value": "39.6% -> 38.6%", "threshold": "pass = 1", "points": 0.0, "max": 11.11111111111111 }, { "test": "9", "name": "Asset turnover (revenue / assets) improved", "value": "0.34 -> 0.40", "threshold": "pass = 1", "points": 11.11111111111111, "max": 11.11111111111111 } ], "inputs": [ { "name": "net_income 2026-05-31", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "total_assets 2026-05-31", "value": 16174500000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24399216, "verified": "unverified", "age_days": 148 }, { "name": "cfo 2026-05-31", "value": 2556700000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24311108, "verified": "unverified", "age_days": 148 }, { "name": "net_income 2026-05-31", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "net_income 2025-05-31", "value": 1657300000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20740367, "verified": "unverified", "age_days": 513 }, { "name": "total_assets 2026-05-31", "value": 16174500000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24399216, "verified": "unverified", "age_days": 148 }, { "name": "total_assets 2025-05-31", "value": 16564100000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24387650, "verified": "unverified", "age_days": 513 }, { "name": "cfo 2026-05-31", "value": 2556700000.0, "kind": "history", "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24311108, "verified": "unverified", "age_days": 148 }, { "name": "net_income 2026-05-31", "value": 1760100000.0, "kind": "history", "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-382805)", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24293047, "verified": "unverified", "age_days": 148 }, { "name": "lt_debt 2026-05-31", "value": 4556100000.0, "kind": "history", "source": "SEC XBRL LongTermDebtNoncurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24417715, "verified": "unverified", "age_days": 148 }, { "name": "lt_debt 2025-05-31", "value": 4548400000.0, "kind": "history", "source": "SEC XBRL LongTermDebtNoncurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24413888, "verified": "unverified", "age_days": 513 }, { "name": "total_assets 2026-05-31", "value": 16174500000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24399216, "verified": "unverified", "age_days": 148 }, { "name": "total_assets 2025-05-31", "value": 16564100000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24387650, "verified": "unverified", "age_days": 513 }, { "name": "current_assets 2026-05-31", "value": 8613300000.0, "kind": "history", "source": "SEC XBRL AssetsCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24340193, "verified": "unverified", "age_days": 148 }, { "name": "current_assets 2025-05-31", "value": 8916500000.0, "kind": "history", "source": "SEC XBRL AssetsCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24331137, "verified": "unverified", "age_days": 513 }, { "name": "current_liabilities 2026-05-31", "value": 6840600000.0, "kind": "history", "source": "SEC XBRL LiabilitiesCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24367102, "verified": "unverified", "age_days": 148 }, { "name": "current_liabilities 2025-05-31", "value": 6956300000.0, "kind": "history", "source": "SEC XBRL LiabilitiesCurrent", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24358078, "verified": "unverified", "age_days": 513 }, { "name": "shares_out 2026-08-31", "value": 355980473.0, "kind": "history", "source": "SEC XBRL EntityCommonStockSharesOutstanding", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-08-31", "accession": "0000723531-26-000006", "fact_id": 24587339, "verified": "unverified", "age_days": 56 }, { "name": "shares_out 2025-08-31", "value": 359894143.0, "kind": "history", "source": "SEC XBRL EntityCommonStockSharesOutstanding", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312525224997/", "period": "2025-08-31", "accession": "0001193125-25-224997", "fact_id": 24572555, "verified": "unverified", "age_days": 421 }, { "name": "operating_income 2026-05-31", "value": 2510500000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24304538, "verified": "unverified", "age_days": 148 }, { "name": "operating_income 2025-05-31", "value": 2207700000.0, "kind": "history", "source": "SEC XBRL OperatingIncomeLoss", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20876405, "verified": "unverified", "age_days": 513 }, { "name": "revenue 2026-05-31", "value": 6512000000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24288144, "verified": "unverified", "age_days": 148 }, { "name": "revenue 2025-05-31", "value": 5571700000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20654504, "verified": "unverified", "age_days": 513 }, { "name": "revenue 2026-05-31", "value": 6512000000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2026-05-31", "accession": "0001193125-26-307785", "fact_id": 24288144, "verified": "unverified", "age_days": 148 }, { "name": "revenue 2025-05-31", "value": 5571700000.0, "kind": "history", "source": "SEC XBRL Revenues", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 20654504, "verified": "unverified", "age_days": 513 }, { "name": "total_assets 2026-05-31", "value": 16174500000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/", "period": "2026-05-31", "accession": "0000723531-26-000006", "fact_id": 24399216, "verified": "unverified", "age_days": 148 }, { "name": "total_assets 2025-05-31", "value": 16564100000.0, "kind": "history", "source": "SEC XBRL Assets", "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "period": "2025-05-31", "accession": "0001193125-26-307785", "fact_id": 24387650, "verified": "unverified", "age_days": 513 } ] } }, "net_income_by_fy": [ { "fy": 2014, "period_end": "2014-05-31", "sec_frame": "CY2013", "value": 627500000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353115000011/", "accession": "0000723531-15-000011" }, { "fy": 2015, "period_end": "2015-05-31", "sec_frame": "CY2014", "value": 674900000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353115000011/", "accession": "0000723531-15-000011" }, { "fy": 2022, "period_end": "2022-05-31", "sec_frame": "CY2021", "value": 1393000000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "accession": "0001193125-26-382805" }, { "fy": 2023, "period_end": "2023-05-31", "sec_frame": "CY2022", "value": 1557000000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/", "accession": "0001193125-26-382805" }, { "fy": 2024, "period_end": "2024-05-31", "sec_frame": "CY2023", "value": 1690400000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" }, { "fy": 2025, "period_end": "2025-05-31", "sec_frame": "CY2024", "value": 1657300000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" }, { "fy": 2026, "period_end": "2026-05-31", "sec_frame": "CY2025", "value": 1760100000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" } ], "eps_diluted_by_fy": [ { "fy": 2014, "period_end": "2014-05-31", "sec_frame": "CY2013", "value": 1.71, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353116000046/", "accession": "0000723531-16-000046", "value_reported": 1.71, "split_factor": 1.0, "split_basis": "filed 2016-07-22" }, { "fy": 2015, "period_end": "2015-05-31", "sec_frame": "CY2014", "value": 1.85, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353117000023/", "accession": "0000723531-17-000023", "value_reported": 1.85, "split_factor": 1.0, "split_basis": "filed 2017-07-21" }, { "fy": 2016, "period_end": "2016-05-31", "sec_frame": "CY2015", "value": 2.09, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353118000026/", "accession": "0000723531-18-000026", "value_reported": 2.09, "split_factor": 1.0, "split_basis": "filed 2018-07-20" }, { "fy": 2017, "period_end": "2017-05-31", "sec_frame": "CY2016", "value": 2.28, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353119000032/", "accession": "0000723531-19-000032", "value_reported": 2.28, "split_factor": 1.0, "split_basis": "filed 2019-07-24" }, { "fy": 2018, "period_end": "2018-05-31", "sec_frame": "CY2017", "value": 2.75, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353120000048/", "accession": "0000723531-20-000048", "value_reported": 2.75, "split_factor": 1.0, "split_basis": "filed 2020-07-17" }, { "fy": 2019, "period_end": "2019-05-31", "sec_frame": "CY2018", "value": 2.86, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353121000035/", "accession": "0000723531-21-000035", "value_reported": 2.86, "split_factor": 1.0, "split_basis": "filed 2021-07-16" }, { "fy": 2020, "period_end": "2020-05-31", "sec_frame": "CY2019", "value": 3.04, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/", "accession": "0000950170-22-012734", "value_reported": 3.04, "split_factor": 1.0, "split_basis": "filed 2022-07-15" }, { "fy": 2021, "period_end": "2021-05-31", "sec_frame": "CY2020", "value": 3.03, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/", "accession": "0000950170-23-032988", "value_reported": 3.03, "split_factor": 1.0, "split_basis": "filed 2023-07-14" }, { "fy": 2022, "period_end": "2022-05-31", "sec_frame": "CY2021", "value": 3.84, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "accession": "0000950170-24-082958", "value_reported": 3.84, "split_factor": 1.0, "split_basis": "filed 2024-07-11" }, { "fy": 2023, "period_end": "2023-05-31", "sec_frame": "CY2022", "value": 4.3, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "accession": "0000950170-25-095300", "value_reported": 4.3, "split_factor": 1.0, "split_basis": "filed 2025-07-11" }, { "fy": 2024, "period_end": "2024-05-31", "sec_frame": "CY2023", "value": 4.67, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785", "value_reported": 4.67, "split_factor": 1.0, "split_basis": "filed 2026-07-17" }, { "fy": 2025, "period_end": "2025-05-31", "sec_frame": "CY2024", "value": 4.58, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785", "value_reported": 4.58, "split_factor": 1.0, "split_basis": "filed 2026-07-17" }, { "fy": 2026, "period_end": "2026-05-31", "sec_frame": "CY2025", "value": 4.89, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785", "value_reported": 4.89, "split_factor": 1.0, "split_basis": "filed 2026-07-17" } ], "revenue_by_fy": [ { "fy": 2014, "period_end": "2014-05-31", "sec_frame": "CY2013", "value": 2518900000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353116000046/", "accession": "0000723531-16-000046" }, { "fy": 2015, "period_end": "2015-05-31", "sec_frame": "CY2014", "value": 2739600000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353117000023/", "accession": "0000723531-17-000023" }, { "fy": 2016, "period_end": "2016-05-31", "sec_frame": "CY2015", "value": 2951900000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353118000026/", "accession": "0000723531-18-000026" }, { "fy": 2017, "period_end": "2017-05-31", "sec_frame": "CY2016", "value": 3153000000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353119000032/", "accession": "0000723531-19-000032" }, { "fy": 2018, "period_end": "2018-05-31", "sec_frame": "CY2017", "value": 3377700000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353120000048/", "accession": "0000723531-20-000048" }, { "fy": 2019, "period_end": "2019-05-31", "sec_frame": "CY2018", "value": 3772500000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353121000035/", "accession": "0000723531-21-000035" }, { "fy": 2020, "period_end": "2020-05-31", "sec_frame": "CY2019", "value": 4040500000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/", "accession": "0000950170-22-012734" }, { "fy": 2021, "period_end": "2021-05-31", "sec_frame": "CY2020", "value": 4056800000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/", "accession": "0000950170-23-032988" }, { "fy": 2022, "period_end": "2022-05-31", "sec_frame": "CY2021", "value": 4611700000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/", "accession": "0000950170-24-082958" }, { "fy": 2023, "period_end": "2023-05-31", "sec_frame": "CY2022", "value": 5007100000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/", "accession": "0000950170-25-095300" }, { "fy": 2024, "period_end": "2024-05-31", "sec_frame": "CY2023", "value": 5278300000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" }, { "fy": 2025, "period_end": "2025-05-31", "sec_frame": "CY2024", "value": 5571700000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" }, { "fy": 2026, "period_end": "2026-05-31", "sec_frame": "CY2025", "value": 6512000000.0, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "accession": "0001193125-26-307785" } ], "dividend_years": [ 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 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 ], "insider_transactions_recent": [ { "txn_date": "2026-10-14", "insider_name": "VELLI JOSEPH M", "role": "director", "code": "S", "shares": 7839.0, "price": 107.68, "value": 844103.52, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526424044/#live" }, { "txn_date": "2026-07-20", "insider_name": "Schrader Robert L.", "role": "CFO", "code": "S", "shares": 2600.0, "price": 115.09, "value": 299234.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526310268/" }, { "txn_date": "2026-07-17", "insider_name": "Simmons Christopher C", "role": "officer", "code": "S", "shares": 2615.0, "price": 115.92, "value": 303130.8, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307759/" }, { "txn_date": "2026-07-14", "insider_name": "MUCCI MARTIN", "role": "director", "code": "S", "shares": 25000.0, "price": 109.93, "value": 2748250.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526304913/" }, { "txn_date": "2026-06-26", "insider_name": "TUCCI JOSEPH M", "role": "director", "code": "S", "shares": 3907.0, "price": 98.25, "value": 383862.75, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526290440/" }, { "txn_date": "2026-05-13", "insider_name": "Roaldsen Elizabeth", "role": "Pres", "code": "S", "shares": 459.0, "price": 90.0, "value": 41310.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526226571/" } ], "links": { "sec_filings": "https://www.sec.gov/edgar/browse/?CIK=0000723531", "sec_xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000723531.json", "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000723531&type=4", "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000723531&type=8-K", "yahoo": "https://finance.yahoo.com/quote/PAYX", "stooq": "https://stooq.com/q/d/?s=payx.us", "external_views_link_only": { "morningstar": "https://www.morningstar.com/search?query=PAYX", "finviz": "https://finviz.com/quote.ashx?t=PAYX", "stockanalysis": "https://stockanalysis.com/stocks/payx/", "seeking_alpha": "https://seekingalpha.com/symbol/PAYX", "openinsider": "http://openinsider.com/search?q=PAYX", "google_news": "https://news.google.com/rss/search?q=PAYX+stock" } }, "machine_readable": { "json": "https://theclaudetrader.com/s/PAYX.json", "markdown": "https://theclaudetrader.com/s/PAYX.md", "research_packet": "https://theclaudetrader.com/r/PAYX.json", "index": "https://theclaudetrader.com/llms.txt" }, "dossier": null, "cite_as": "The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/PAYX; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.", "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.", "fair_value_model": { "fair_value": 116.69, "fv_low": 33.84, "fv_high": 129.27, "fv_gap_pct": -1.1, "fv_verdict": "amber", "fv_methods": 3, "fv_as_of": "2026-10-23", "fv_calculated_on": "2026-10-26", "fv_inputs_through": "2026-09-24", "fv_skipped": null, "unit": "per traded unit (share or ADS), same currency as the price", "methods": { "dcf": { "value": 129.26569526457433, "growth_used": 0.09927451306632706, "fcf_avg": 1922400000.0, "inputs": { "fcf": { "value": 1922400000.0, "years": [ 2023, 2024, 2025 ], "by_year": [ 1736300000.0, 1709100000.0, 2321800000.0 ], "cfo": [ { "value": 1897700000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2024-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" }, { "value": 1900900000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2025-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" }, { "value": 2556700000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2026-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" } ], "capex": [ { "value": 161400000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2024-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" }, { "value": 191800000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2025-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" }, { "value": 234900000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2026-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" } ] }, "revenue_cagr_5y": { "value": 0.09927451306632706, "from": { "value": 4056800000.0, "tag": "SEC XBRL Revenues", "period_end": "2021-05-31", "accession": "0000950170-23-032988", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/" }, "to": { "value": 6512000000.0, "tag": "SEC XBRL Revenues", "period_end": "2026-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/" } }, "shares": { "value": 355980473.0, "tag": "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", "period_end": "2026-08-31", "accession": "0000723531-26-000006", "filed": "2026-09-24", "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/R1.htm" } } }, "earnings": { "value": 116.69110880829014, "pe_used": 23.86321243523316, "pe_raw": 23.86321243523316, "pe_basis": "SIC 87 peer median excluding itself (3 peers)", "inputs": { "eps": { "fy": 2025, "value": 4.89, "tag": "SEC XBRL EarningsPerShareDiluted", "period_end": "2026-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "value_reported": 4.89, "split_factor": 1.0 } } }, "graham": { "value": 33.84199909593876, "inputs": { "eps": { "fy": 2025, "value": 4.89, "tag": "SEC XBRL EarningsPerShareDiluted", "period_end": "2026-05-31", "accession": "0001193125-26-307785", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/", "value_reported": 4.89, "split_factor": 1.0 }, "bvps": { "value": 10.409278825807954, "equity": { "value": 3705500000.0, "tag": "SEC XBRL StockholdersEquity", "period_end": "2026-08-31", "accession": "0000723531-26-000006", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/" }, "shares": 355980473.0 } } } }, "method_note": "Median of up to three methods from SEC filings: owner-earnings DCF (3-yr avg FCF, 10-yr two-stage, growth = min(5-yr revenue CAGR, 10%) fading to 2.5%, 9% discount), trailing EPS x SIC-peer median P/E (8-35), Graham number. Model estimate, not advice.", "discount_rate": 0.09, "terminal_growth": 0.025, "verdict_rule": "green: fair value more than 10% above price; red: more than 10% below; amber: within 10%", "page": "https://theclaudetrader.com/fair-value" } }