PAYX FY 2023 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

FY 2023 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$5.0B+8.6% YoY

Gross Profit

$3.6B71.0% margin

Operating Income

$2.0B40.6% margin

Net Income

$1.6B31.1% margin

EPS (Diluted)

$4.30

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.6B

Stock-Based Comp.

$63M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$7.1B

Stockholders' Equity

$3.5B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.6B	+8.6%
Gross Profit	$3.6B	$3.3B	+9.2%
Operating Income	$2.0B	$1.8B	+10.5%
Net Income	$1.6B	$1.4B	+11.8%