PAYCHEX INC(PAYX)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
PAYCHEX INC (PAYX) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores PAYX at 74.6/100 on a 32-signal composite quality model, placing it at rank #109 of 2,960 stocks — the top 5% of the AI-ranked universe. PAYX scores in the top quartile across institutional flow (99.3), balance sheet strength (89.3), free cash flow (88.5). Shareholder dilution risk is elevated at 46.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), PAYCHEX INC reports quarterly revenue of $1.6B, net income of $420.6M, an operating margin of 37.7%. Top institutional holders of PAYX by reported 13-F value include Capital International Investors, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. PAYX trades on the Nasdaq exchange and files with the SEC under CIK 723531. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PAYX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PAYCHEX INC directly from SEC EDGAR.
AI Quality Score
74.6/100
AI Rank
#109
Revenue
$1.6B
Net Income
$420.6M
Free Cash Flow
$515.0M
Operating Margin
37.7%
PAYX key financials by period
PAYCHEX INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2026
10-K
$6.5B
$1.8B
38.6%
FY 2025
10-K
$5.6B
$1.7B
39.6%
FY 2024
10-K
$5.3B
$1.7B
41.2%
FY 2023
10-K
$5.0B
—
40.6%
FY 2022
10-K
$4.6B
—
39.9%
FY 2021
10-K
$4.1B
—
36.0%
Institutions holding PAYX
Institutional investors reporting a position in PAYCHEX INC on SEC Form 13F.
AI-extracted from the 10-K filed 2026-07-17 — FY2026 (fiscal year ended May 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenue rose 17% to $6,512.0M, with acquired Paycor contributing approximately 12 percentage points, but net income grew only 6% as interest expense climbed to $269.5M.
Biggest Revenue Drivers
Management Solutions$4,867.9M+20% YoY
Growth in average clients served, primarily driven by the Paycor acquisition, plus higher revenue per client from upmarket mix, price realization and product penetration
PEO and Insurance Solutions$1,433.2M+7% YoY
Continued growth in average PEO worksite employees and an increase in PEO insurance revenues
Biggest Revenue Drivers
Total revenue: $6,512.0M+17% YoY
Management Solutions$4,867.9M+20% YoY
Growth in average clients served, primarily driven by the Paycor acquisition, plus higher revenue per client from upmarket mix, price realization and product penetration
Within Management Solutions
Paycor contribution to Management Solutions growthapproximately 15% of Management Solution
Filing states Paycor contributed approximately 15% to Management Solutions revenue growth for fiscal 2026
PEO and Insurance Solutions$1,433.2M+7% YoY
Continued growth in average PEO worksite employees and an increase in PEO insurance revenues
Interest on funds held for clients$210.9M+30% YoY
Higher average investment balances from the Paycor acquisition and higher realized gains from repositioning the investment portfolio
Largest Expense Items
Compensation-related expenses$2,091.9M+13% YoY
Increase in average headcount, driven by the acquisition of Paycor
Other expenses$841.6M+28% YoY
Continued technology, selling and marketing investment driven by Paycor and strategic priorities, plus general cost increases supporting growth
PEO direct insurance costs$563.2M+8% YoY
Growth in average worksite employees and PEO insurance revenues
Acquisition-related costs$304.2M+87% YoY
Paycor intangible amortization of $242.0M, replacement awards, severance and retention, and professional service fees
Margins: GAAP operating margin fell to 38.6% from 39.6% on Paycor acquisition-related costs, while adjusted operating margin, which excludes those costs, rose to 43.2% from 42.5%.
Watch Items from the Filing
Interest expense rose $164.1 million to $269.5 million on $4.6 billion of long-term borrowings, which carry $1.4 billion of future interest payments.
Payroll client retention was 82% to 83% of the beginning client base in both fiscal 2026 and fiscal 2025.
Dividends paid of $1,589.6 million represented approximately 90% of net income, up from about 87% in fiscal 2025.
AFS securities carried $59.8 million of gross unrealized losses on $3.0 billion of fair value; portfolio unrealized loss was $69.9 million at July 15, 2026.
PEO workers' compensation reserves of $237.7 million were a critical audit matter; the company self-insures deductibles and retains health insurance risk.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
