PAYX Q2 2020 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

Q2 2020 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$991M+15.3% YoY

Gross Profit

$667M67.4% margin

Operating Income

$342M34.5% margin

Net Income

$259M26.1% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$270M

Free Cash Flow

$236M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$6.1B

Stockholders' Equity

$2.6B

Cash & Equivalents

$601M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$991M	$859M	+15.3%
Gross Profit	$667M	$594M	+12.3%
Operating Income	$342M	$307M	+11.2%
Net Income	$259M	$236M	+9.7%

Revenue Segments

Management Solutions

$727M75%

Peo And Insurance Solutions

$244M25%