PAYCHEX INCPAYX

Market cap

$40.2B

P/E ratio

	May 31, 2010	May 31, 2011	May 31, 2012	May 31, 2013	May 31, 2014	May 31, 2015	May 31, 2016	May 31, 2017	May 31, 2018	May 31, 2019	May 31, 2020	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025
Management Solutions	-	-	-	-	-	-	-	-	-	2,878	2,963	3,023	3,443	3,731	3,866	4,067
PEO And Insurance Solutions	-	-	-	-	-	-	-	-	-	-	-	974	1,111	1,177	1,266	1,343
Total service revenue	2,001	2,084	2,230	2,326	2,519	2,740	2,952	3,151	3,381	3,773	4,041	4,057	4,612	5,007	5,278	5,572
Interest Income, Operating	-	-	44	41	41	42	46	51	64	81	87	59	58	100	146	162
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	1,281	1,271	1,356	1,453	1,479	1,540
Selling, General and Administrative Expense	622	644	695	750	804	878	948	992	1,076	1,223	1,299	1,325	1,415	1,521	1,625	1,824
Total expenses	1,276	1,298	1,376	1,421	-	-	-	-	-	-	2,580	2,596	2,772	2,974	3,104	3,364
Operating income	725	786	854	905	983	1,054	1,147	1,240	1,288	1,371	1,461	1,461	1,840	2,033	2,174	2,208
Interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105
Other income, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74
Income before income taxes	-	-	-	-	-	1,060	1,151	1,245	1,296	1,368	1,437	1,434	1,825	2,048	2,218	2,176
Income taxes	252	277	312	342	361	385	394	428	362	334	339	337	432	491	528	519
Net income	-	-	-	-	-	-	757	817	934	1,034	1,098	1,098	1,393	1,557	1,690	1,657
Other comprehensive Income (loss), net of tax	-	-	-	-16	-0	-14	22	-9	-56	36	56	-5	-186	-26	15	91
Comprehensive income	-	-	-	553	627	661	779	808	878	1,071	1,155	1,093	1,207	1,531	1,705	1,749
Basic earnings per share	1.32	1.42	1.51	1.56	1.72	1.86	2.1	2.27	2.6	2.88	3.06	3.05	3.86	4.32	4.69	4.6
Diluted earnings per share	1.32	1.42	1.51	1.56	1.71	1.85	2.09	2.25	2.58	2.86	3.04	3.03	3.84	4.3	4.67	4.58