Company Dossier · Industrials
Paychex
- S&P 500
- Nasdaq-100
- Russell 1000
What Paychex is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to August 31, 2026: $6.39 billion, up 14% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to August 31, 2026: $2.02 billion, up 8.6% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to August 31, 2026: $0.24 billion, up 14% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to May 31, 2026: $0.61 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (September 23, 2026): sentiment 0.60 on a −1 to +1 scale (mixed), confidence 0.70 of 1.Palanor Discourse
- Guidance in the last 90 days: 2 outlook figures raised, 0 lowered, 4 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed July 17, 2026): 1 risk factor added, 1 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $3.4 million on the open market.SEC Form 4
- 1,538 institutional managers reported a position at June 30, 2026 (+24 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 23 (10 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Paychex is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Mixed
Expanding ↔ Retrenching
Steady
- Capital spending44th pct
- Debt raised—
- Buybacks vs capex32nd pct
- Hiring filings50th pct
- Deals and private raises40th pct
- Patent publications97th pct
- + Patent publications
- − Buybacks vs capex
- − Deals and private raises
Confident ↔ Hedging
Mixed
- Call sentiment58th pct
- Call confidence34th pct
- Guidance changes57th pct
- Risk factors added33rd pct
- Insider open-market trades37th pct
- − Call confidence
- − Risk factors added
- + Call sentiment
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver50th pct
- Stress filings50th pct
Credit
How these are built →Paychex's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$4.6B
- Due within a year $0.0B
- Longer term $4.6B
- Default point $2.3B (short + ½ long)
Finance leases included · Aug 31, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Apr 8, 2025 | $1.5B | 5.100% | 2030 (5y) | +125bp | 5.164% |
| Apr 8, 2025 | $1.5B | 5.350% | 2032 (7y) | +135bp | 5.418% |
| Apr 8, 2025 | $1.2B | 5.600% | 2035 (10y) | +145bp | 5.699% |
From the pricing term sheets Paychex filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name Paychex, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralPaychex (PAYX) vs ADP (ADP): Which Payment Giant Has a Wider Moat?
insidermonkey.com · via Marketaux · Oct 10, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 20, 2026LobbyingLobbying report (PAYCHEX, INC.)third_quarter 2026 · $0.1 million
- Oct 19, 2026LobbyingLobbying report (VAN SCOYOC ASSOCIATES)third_quarter 2026 · $0.0 million
- Oct 16, 20268-KShareholder vote resultsItem 5.07
- Jul 21, 20268-KDirector or officer changeItem 5.02
- Jul 20, 2026LobbyingLobbying report (PAYCHEX, INC.)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)second_quarter 2026 · $0.0 million
- Jul 17, 202610-KAnnual report (10-K)1 risk factors added, 1 removed
- Jul 17, 2026LobbyingLobbying report (VAN SCOYOC ASSOCIATES)second_quarter 2026 · $0.0 million
- Apr 20, 2026LobbyingLobbying report (PAYCHEX, INC.)first_quarter 2026 · $0.2 million
- Apr 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)first_quarter 2026 · $0.0 million
- Apr 17, 2026LobbyingLobbying report (VAN SCOYOC ASSOCIATES)first_quarter 2026 · $0.0 million
- Jan 26, 20268-KMaterial agreement signedItem 1.01
- Jan 26, 20268-KMaterial agreement terminatedItem 1.02
- Jan 20, 20268-KDirector or officer changeItem 5.02
- Oct 14, 20258-KShareholder vote resultsItem 5.07
- Jul 14, 20258-KDirector or officer changeItem 5.02
- Jul 11, 202510-KAnnual report (10-K)2 risk factors added, 0 removed
- May 16, 20258-KDirector or officer changeItem 5.02
- Apr 14, 20258-KAcquisition or sale completedItem 2.01
- Jan 7, 20258-KMaterial agreement signedItem 1.01
- Jul 11, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Robert Half RHI | $5.3B | $0.2B | Jun 30, 2026 |
| Automatic Data Processing ADP | $21.9B | — | Jun 30, 2026 |
| StandardAero SARO | $6.3B | $0.2B | Jun 30, 2026 |
| Parsons Corporation PSN | $6.3B | $0.4B | Mar 31, 2026 |
| UFP Industries UFPI | $6.2B | $0.3B | Jun 27, 2026 |
| Equifax EFX | $6.6B | $1.1B | Sep 30, 2026 |
| Terex TEX | $6.7B | $0.3B | Jun 30, 2026 |
| Clean Harbors CLH | $6.1B | $0.5B | Mar 31, 2026 |