To the full analysis
Paychex stock: growth
PAYXPaychex reported $6.51B in revenue for fiscal 2026, up 16.9% on the prior year, up 9.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
6.7%
per year from 2007 to 2026, per share 7.1%
Earnings (Annual rate)
6.7%
per year from 2007 to 2026, per share 7%
Free cash flow (Annual rate)
7.9%
per year from 2007 to 2026, per share 8.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 9.9% | 8.2% | 6.7% |
| Revenue per share | 10.0% | 8.3% | 7.1% |
| Earnings | 9.9% | 8.8% | 6.7% |
| Earnings per share | 9.9% | 8.8% | 7.0% |
| Free cash flow | 15.2% | 9.7% | 7.9% |
| Free cash flow per share | 15.2% | 9.7% | 8.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $1.89B | $515.45M | $552.21M |
| 2008 | $2.07B | $576.15M | $642.38M |
| 2009 | $2.08B | $533.55M | $624.06M |
| 2010 | $2B | $477M | $549.66M |
| 2011 | $2.08B | $515.3M | $612M |
| 2012 | $2.23B | $548M | $617M |
| 2013 | $2.33B | $569M | $576.6M |
| 2014 | $2.52B | $627.5M | $796.8M |
| 2015 | $2.74B | $674.9M | $792.4M |
| 2016 | $2.95B | $756.8M | $920.5M |
| 2017 | $3.15B | $817.3M | $866.1M |
| 2018 | $3.38B | $933.7M | $1.12B |
| 2019 | $3.77B | $1.03B | $1.17B |
| 2020 | $4.04B | $1.1B | $1.31B |
| 2021 | $4.06B | $1.1B | $1.15B |
| 2022 | $4.61B | $1.39B | $1.37B |
| 2023 | $5.01B | $1.56B | $1.56B |
| 2024 | $5.28B | $1.69B | $1.74B |
| 2025 | $5.57B | $1.66B | $1.71B |
| 2026 | $6.51B | $1.76B | $2.32B |
Revenue by segment
How Paychex, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Management Solutions75%
- Peo And Insurance Solutions22%
- Other3%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Management Solutions | $2.88B | $2.96B | $3.02B | $3.44B | $3.73B | $3.87B | $4.07B | $4.87B | 74.8% |
| Peo And Insurance Solutions | $814.2M | $990.6M | $974.1M | $1.11B | $1.18B | $1.27B | $1.34B | $1.43B | 22% |
| Other | $80.6M | $86.9M | $59.3M | $57.7M | $99.8M | $146.3M | $161.7M | $210.9M | 3.2% |
| Total revenue | $3.77B | $4.04B | $4.06B | $4.61B | $5.01B | $5.28B | $5.57B | $6.51B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 May 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 17 Apr 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.