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COMPANY BENCHMARKING • UNITED STATES

Paychex, Inc. - Company Profile

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Paychex, Inc. - Overview

Brands
Expensewire, Oasis Outsourcing, Surepayroll
Description
Paychex is a public company headquartered in New York with an estimated 16,000 employees. In the US, the company has a notable market share in at least three industries: Payroll & Bookkeeping Services, Human Resources & Benefits Administration, Professional Employer Organizations and Professional Employer Organizations. Their largest market share is in the Payroll & Bookkeeping Services industry, where they account for an estimated 7.0% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Paychex, Inc.

Company Type: Operating

Exchange: Nasdaq

Headquarters: 911 Panorama Trail S, Rochester, NY 14625

Website: http://www.paychex.com/

Employees: 16000

Paychex, Inc. - Operating Industries and Main Competitors

error_outline To view all of Paychex, Inc.'s operating industries and competitors, see purchase options.

Paychex, Inc. - Products and Services

  • Payroll & Bookkeeping Services

    • Of the 8 core revenue-generating products and services in the Payroll & Bookkeeping Services industry, Paychex, Inc. offers:
    • Billing services
    • Bookkeeping and compilation services
    • Full-service payroll services
    • General accounting services
    • AAAAAAA - AAAAAAAA Market Share: x.x%

  • Human Resources & Benefits Administration

    • Of the 4 core revenue-generating products and services in the Human Resources & Benefits Administration industry, Paychex, Inc. offers:
    • Employee benefits administration
    • Human resources administration
    • Regulatory compliance administration
    • Other

  • Professional Employer Organizations

    • Of the 3 core revenue-generating products and services in the Professional Employer Organizations industry, Paychex, Inc. offers:
    • Companies with 250 or more employees
    • Companies with 50 to 249 employees
    • Companies with less than 50 employees
error_outline To view Paychex, Inc.'s full products and services, see purchase options.

Paychex, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Paychex, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Payroll & Bookkeeping Services, Human Resources & Benefits Administration, and Professional Employer Organizations industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
  • AAAAA
  • AAAAA
  • AAAAA
Threats
  • AAAAA
  • AAAAA
  • AAAAA

error_outline To view Paychex, Inc.'s full SWOT analysis, see purchase options.

Paychex, Inc. - Financial Statements & Ratios

pie_chartPaychex, Inc. Income Statement

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Revenue3,377.73,772.54,040.54,056.84,611.75,007.1
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
Other000000000000000000000000

pie_chartPaychex, Inc. Balance Sheet

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Cash and Equivalents358.2673.6905.2995.2370.01,222.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
Other000000000000000000000000

pie_chartPaychex, Inc. Cash Flow

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
Other000000000000000000000000

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  • Key Enterprise Personnel
    Products and Services
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    Key Company Benchmarks

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  • Products and Services
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