Highest-materiality recent filing
Paychex reports Q4 revenue $1.605B (+12% YoY) and diluted EPS $1.17 (+43%)
Total revenue Q4 $1,605.5M, +12%; full year $6,512.0M, +17% YoY.
Paychex Q3 revenue $1.81B up 20% YoY; adj diluted EPS up 15% to $1.71
Total revenue $1,808.9M (+20% YoY); adjusted diluted EPS $1.71 (+15%).
2017 Credit Facility increased from $750M to $1.0B, maturity extended from Sep 2026 to Jan 2031.
Paychex authorizes $1B stock buyback, appoints former Cintas CFO to board, declares $1.08 dividend
Board approved new $1B share repurchase authorization, replacing prior $400M authorization.
Paychex Q2 revenue up 18% to $1.56B; raises FY earnings outlook
Revenue $1.5576B, up 18% YoY; adjusted operating income up 21% to $649M.
Paychex Q1 revenue up 17% to $1.54B; raises full-year earnings outlook
Total revenue $1,540.0M vs $1,318.5M, up 17% YoY.
Paychex completes Paycor acquisition; pro forma shows diluted EPS of $2.08 for H1 FY2025
Pro forma revenue $2.98B for six months ended Nov 30, 2024; combined net income $764.1M.
Paychex Q4 revenue up 10% to $1.43B; completed Paycor acquisition; issues FY2026 outlook
Total revenue $1.43B, up 10% YoY; full-year revenue $5.57B, up 6% YoY.
Paychex founder B. Thomas Golisano to step down from board after July 2025 meeting
Founder B. Thomas Golisano, 83, notified Paychex board he will step down effective after the July 2025 board meeting.
Paychex completes $4.1B all-cash acquisition of Paycor
All-cash deal at $22.50 per Paycor share, ~$4.1B enterprise value.
Paychex issues $4.2B in senior notes across three tranches: 5.100%, 5.350%, 5.600% due 2030-2035
Issued $1.5B 5.100% senior notes due 2030, $1.5B 5.350% notes due 2032, and $1.2B 5.600% notes due 2035.
Paychex Q3 revenue $1.51B (+5% YoY), EPS $1.43 (+4%); agrees to acquire Paycor HCM, close April 2025
Q3 total revenue $1,509M, +5% YoY; diluted EPS $1.43, +4% YoY.
Paychex clears HSR waiting period for Paycor acquisition; H1 2025 close expected
HSR waiting period expired on February 21, 2025, satisfying a major condition for the Paycor acquisition.
Paychex to acquire Paycor for $22.50/share (~$4.1B enterprise value)
All-cash deal at $22.50/share, ~19% premium to Paycor's 30-day VWAP as of Jan 3, 2025.
Paychex Q2 revenue up 5% to $1.317B; EPS $1.14 beats year-ago $1.08
Total revenue $1,316.9M (+5% YoY), operating income $538.1M (+6%), diluted EPS $1.14 (+6%).
Paychex Q4 revenue $1.30B (+5%), EPS $1.05 (+8%); full-year EPS $4.67 (+9%)
Q4 total revenue $1,295.1M, up 5% YoY; full-year revenue $5,278.3M, up 5%.
Paychex Q3 revenue $1.44B (+4% YoY), EPS $1.38 (+7%)
Q3 FY2024 total revenue $1,439.3M, up 4% from $1,381.0M a year ago.
Paychex authorizes $400M share repurchase, declares $0.89 quarterly dividend
Board approved up to $400 million common stock repurchase program expiring May 31, 2027; begins Feb 1, 2024.
Paychex Q2 revenue $1.26B +6% YoY; raises FY earnings outlook
Total revenue $1,257.9M (+6%); operating income $506.2M (+7%); diluted EPS $1.08 (+9%).
Paychex Q1 FY2024 revenue $1.29B +7% YoY, EPS $1.16 +10%
Total revenue $1,286M, +7% YoY from $1,206M.
Paychex CFO Efrain Rivera to retire Oct 12, 2023; Robert Schrader named successor
Efrain Rivera retires as CFO effective Oct 12, 2023; will serve as senior advisor through Dec 31, 2023.
Paychex Q4 EPS $0.97 beats year-ago $0.82; FY revenue tops $5B
Q4 total revenue $1.23B, up 7% YoY; full-year revenue $5.01B, first time above $5B.
Paychex Q3 revenue $1.38B (+8% YoY), diluted EPS $1.29 (+8%)
Total revenue $1.38B (+8% YoY); total service revenue $1.35B (+7%).
Paychex Q2 revenue $1.19B (+7%), EPS $0.99 (+9%), raises FY2023 outlook
Total revenue $1,190.3M, up 7% YoY; diluted EPS $0.99, up 9% YoY.
Paychex appoints CEO John B. Gibson Jr. to board; CEO succession completed Oct 14, 2022
Board expanded from 10 to 11; Gibson named director and executive committee member effective Oct 14.
Paychex Q1 revenue $1.206B (+11% YoY), EPS $1.05 (+14%); raises FY outlook
Total revenue of $1,206.2M, up 11% from $1,082.9M in prior year.
Paychex CEO Martin Mucci to retire Oct 14; COO John Gibson named successor
Mucci retires as CEO effective Oct 14, 2022; remains Chairman of the Board.
Paychex Q4 service revenue $1.13B (+11%), diluted EPS $0.82 (+12%); FY revenue $4.61B (+14%)
Q4 total service revenue of $1,129.6M, up 11% YoY; diluted EPS $0.82, up 12%.
Paychex reports 15% revenue growth, 23% EPS growth in Q3; FY guidance raised
Total service revenue $1,261.6M (+15% YoY); total revenue $1,276.0M (+15%).
Paychex Q2 results: revenue up 13% to $1.11B, EPS $0.91, raises FY outlook
Total revenue $1,108.5M, +13% YoY; diluted EPS $0.91, +21%.
Paychex names Martin Mucci Chairman, promotes John Gibson to President and COO
Martin Mucci adds Chairman role effective Dec 1, 2021; continues as CEO.
Paychex Q1 revenue up 16%, diluted EPS up 56%; raises full-year outlook
Total service revenue $1,068.4M, up 16% YoY; total revenue $1,082.9M, up 16%.
On May 15, 2025, B. Thomas Golisano notified the Board of Directors (the "Board") of Paychex, Inc. (the "Company") of his decision to step down from the Board, effective after the Company’s July, 2025 Board meeting.
On June 12, 2024, the Board of Directors (the "Board") of Paychex, Inc. (the “Company”) was notified by David J.S. Flaschen of his decision not to stand for re-election to the Board at the Company’s 2024 annual meeting of shareholders.
On May 16, 2024, Stephanie Schaeffer, Vice President, Chief Legal & Ethics Officer, and Secretary of Paychex, Inc. (the “Company”), notified the Board of Directors of the Company (the “Board”) of her intention to retire effective as of August 2, 2024.
Effective October 13, 2023, Mr. Simmons will report to Mr. Schrader, concurrent with the effective date of Mr. Schrader’s appointment to serve as the Company’s Senior Vice President and Chief Financial Officer.
On September 8, 2023, the Company appointed Christopher Simmons, age 54, to Vice President, Controller and Treasurer, effective October 13, 2023.
On September 5, 2023, Efrain Rivera, Senior Vice President and Chief Financial Officer of Paychex, Inc. (the “Company”), notified the Company of his intention to retire as Chief Financial Officer effective as of end of business on October 12, 2023
Also on September 5, 2023, the Board appointed Robert L. Schrader, age 51, to serve as the Company’s Senior Vice President and Chief Financial Officer effective as of October 13, 2023.
On May 15, 2023, Paychex, Inc. (the “Company” or “Paychex”) announced that Elizabeth Roaldsen, age 51, has been appointed as Senior Vice President of Operations and Customer Experience, effective May 15, 2023.
On January 24, 2023, Paychex, Inc. (the “Company”) announced that the Board of Directors (the “Board”) has voted to expand to twelve members and has appointed Theresa M. Payton to fill the newly created position.
On August 23, 2022, the Board appointed John B. Gibson to serve as the Company’s President and CEO, effective as of October 14, 2022.
On October 13, 2022, the Board appointed Paychex President and CEO John B. Gibson, Jr. to fill the new Board position and serve on the Executive Committee of the Board, effective immediately.
Mr. Mucci's awards granted in July 2022 will be forfeited upon retirement from his position of CEO on October 14, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings