---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-030544"
form_type: "8-K"
ticker: "PAYX"
cik: "0000723531"
company_name: "PAYCHEX INC"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:10:07.959978+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Paychex Q4 EPS $0.97 beats year-ago $0.82; FY revenue tops $5B

## Summary
- Q4 total revenue $1.23B, up 7% YoY; full-year revenue $5.01B, first time above $5B.
- Q4 diluted EPS $0.97, +18%; adjusted diluted EPS $0.97, +20% YoY.
- Full-year diluted EPS $4.30, +12%; adjusted diluted EPS $4.27, +13%.
- Q4 operating income $453.3M, +15%; full-year operating income $2.03B, +10%.

## SEC filing metadata
- accession: 0000950170-23-030544
- form_type: 8-K
- ticker: PAYX
- cik: 0000723531
- company_name: PAYCHEX INC
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723531/000095017023030544/0000950170-23-030544-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723531/000095017023030544/payx-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-030544
- JSON: https://secwatch.observer/filing/0000950170-23-030544.json
- Plain text: https://secwatch.observer/filing/0000950170-23-030544.txt

## Key facts
- Earnings Releases
  PAYCHEX INC reported quarter ended May 31, 2023 and fiscal year ended May 31, 2023 results: revenue $1,229.6 million (fourth quarter); $5,007.1 million (fiscal year), EPS $0.97 diluted earnings per share (fourth quarter); $4.30 diluted earnings per share (fiscal year).
  - Period: quarter ended May 31, 2023 and fiscal year ended May 31, 2023
  - Revenue: $1,229.6 million (fourth quarter); $5,007.1 million (fiscal year)
  - EPS: $0.97 diluted earnings per share (fourth quarter); $4.30 diluted earnings per share (fiscal year)
  - Result: reported results
  source text: 2023 Paychex, Inc. Reports 2023 Results: • Sustained Growth in Revenue and Earnings; • Double Digit Earnings Growth for Fourth Quarter and Full Year; • Full Year Revenue Exceeds $5 Billion Rochester, N.Y. - (June 29, 2023) - Paychex, Inc. (the "Company," “Paychex," "we," "our," or "us") today announced the following results for the quarter ended May 31, 2023 (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/723531/000095017023030544/0000950170-23-030544-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.