Highest-materiality recent filing
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%.
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.
Max materiality 0.85 · Median 0.65 · Most common event earnings