Paychex
1971
FOUNDED
PUBLIC
STATUS
15K-20K
EMPLOYEES
PAYX
STOCK SYMBOL
18
INVESTMENTS
$84.70
SHARE PRICE
(As of Friday Closing)
Description
Paychex competes in the payroll outsourcing industry. It is the second- largest player in terms of revenue and focuses on providing this service to small and midsize businesses. Paychex was created from the consolidation of 17 payroll processors in 1979 and services about 590,000 clients. The firm has almost 13,000 employees and is based in Rochester, New York.
Primary Industry
Human Capital Services
Stock Exchange
NAS
Primary Office
- 911 Panorama Trail South
- Rochester, NY 14625
- United States
+1 (585) 000-0000
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Paychex Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $61.32 - $88.43 | $30.3B | $84.47 | $2.94 | 1.43M | 358M |
Paychex Financials Summary
|
In Thousands,
USD |
TTM
31-Aug-2019
|
FY 2019
31-May-2019
|
FY 2018
31-May-2018
|
FY 2017
31-May-2017
|
|---|---|---|---|---|
| Enterprise Value | 29,442,328 | 30,953,905 | 23,197,779 | 20,929,782 |
| Revenue | 3,901,700 | 3,772,500 | 3,377,700 | 3,153,000 |
| EBITDA | 1,600,600 | 1,553,800 | 1,430,100 | 1,378,600 |
| Net Income | 1,055,000 | 1,034,400 | 994,100 | 826,300 |
| Total Assets | 8,638,200 | 8,676,000 | 7,915,400 | 6,833,700 |
| Total Debt | 946,800 | 796,400 | 0 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Paychex Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookPaychex Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Automatic Data Processing | Corporation | Roseland, NJ | 00000 | 000 | 00000000000 | 000 |
| 000000 00000 | Formerly PE-Backed | Dublin, CA | 0000 | 00000 | 00000000000 | 00000 |
| 000000 00000000 | Formerly PE-Backed | Oklahoma City, OK | 0000 | 000000 - 000 | ||
| 000000000 | Formerly PE-Backed | Schaumburg, IL | 0000 | 00000 | 00000000 | 00000 |
| 0000000 0000000 | Corporation | Toronto, Canada | 0000 | 00000000 |
Paychex Investments & Acquisitions (18)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 00000000000 | 20-Dec-2018 | 000000000000000000 | 00.00 | Human Capital Services | 000000 00000 |
| 000000 00000 | 01-Mar-2018 | 000000000000000000 | Systems and Information Management | 000000 00000 | |
| 00 00000000000 | 18-Aug-2017 | 000000000000000000 | 000.00 | Human Capital Services | 000000 00000 |
| 0000000 00000000 | 22-Dec-2015 | 000000000000000000 | Consulting Services (B2B) | 000000 00000 | |
| UPD Holding | 17-Jun-2014 | Merger/Acquisition | Application Software | 000000 00000 |
Paychex Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 000 000000000000 | 11-Apr-2014 | 000000000000000000 | Completed |
|
|
| Stromberg | 13-Apr-2004 | Merger/Acquisition | Completed |
Paychex Subsidiaries (10)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| ExpenseWire | Financial Software | Wooster, OH | 2005 |
| 00 00000000000 | Human Capital Services | Lawrenceville, GA | 0000 |
| 00000000000 | Financial Software | Glenview, IL | 0000 |
| 0000000 0000000 00 | Business/Productivity Software | San Diego, CA | 0000 |
| 00000 00000000 000 | Office Services (B2B) | Denver, CO | 0000 |
Paychex Executive Team (46)
17 Former Executives
You’re viewing 5 of 46 executives. Get the full list »Paychex Board Members (6)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 000000 00000 | Self | Board Member | 000 0000 | |
| 000000 00000 | Self | Board Member | 000 0000 | |
| 000000 00000 | Self | Board Member | 000 0000 | |
| 000000 00000 | Paychex | Chief Executive Officer & Board Member | 000 0000 | |
| 000000 000000 | Paychex | Board Member | 000 0000 |