# Paychex, Inc. (PAYX) · Edgar & Edgarette company card

> Paychex (PAYX) grew revenue 16.9% in FY2026 to $6.5 billion, operating margin 38.6% against a 6.5% median for engineering, accounting, research, management, equity 23.1% of assets, and dividend per share up 15 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 723531 · fiscal year ended 2026-05-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PAYX) · [JSON](https://www.pops4.com/boards/company/PAYX.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.5B |
| Revenue growth, 1 year | 16.9% |
| Revenue growth per year | 9.0% |
| Operating margin | 38.6% (prior year 39.6%) |
| Net margin | 27.0% |
| Operating cash flow | $2.6B |
| Capital spending | $235M |
| Free cash flow | $2.3B |
| Cash | $1.1B |
| Long-term debt | $4.6B |
| Total assets | $16.2B |
| Total equity | $3.7B |
| Equity ÷ assets | 23.1% |
| Return on equity | 47.1% |
| Dividend per share | $4.43 |
| Dividend years rising | 15 |

## Readings, computed from those figures

- Altman Z: 2.44 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.66 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $6.5B (FY2026), total debt $4.6B. Experience: revenue up 16.9% on the year, up 9.0% a year over 4 years; operating margin 38.6%, down from 39.6%. Soundness: equity 23.1% of assets, return on equity 47.1%, payout 90.3% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.5B and $7.9B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $6.1B to $8.5B. A statistical range, not company guidance. Against peers (37 filers, $50M+ revenue, its industry group): operating margin 38.6% against a 6.5% median; growth 16.9% against 3.9%.

Range logged 2026-09-24, receipt 324002c0c5c82f28, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-07-21 ([filing](https://www.sec.gov/Archives/edgar/data/723531/000119312526310277/0001193125-26-310277-index.htm))

## Recent filings

- 8-K · filed 2026-10-16 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/723531/000072353126000008/0000723531-26-000008-index.htm)
- 10-Q · filed 2026-09-24 · [filing](https://www.sec.gov/Archives/edgar/data/723531/000072353126000006/0000723531-26-000006-index.htm)
- 8-K · filed 2026-09-23 · 2.02 Results of Operations and Financial Condition · [filing](https://www.sec.gov/Archives/edgar/data/723531/000072353126000004/0000723531-26-000004-index.htm)
- DEF 14A · filed 2026-09-04 · [filing](https://www.sec.gov/Archives/edgar/data/723531/000119312526382805/0001193125-26-382805-index.htm)
- 8-K · filed 2026-07-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/723531/000119312526310277/0001193125-26-310277-index.htm)
- 10-K · filed 2026-07-17 · [filing](https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/0001193125-26-307785-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000723531.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=723531

## Cite

POPS4, Edgar & Edgarette: Paychex, Inc. (PAYX) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/PAYX. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.