PAYX Q3 2024 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

Q3 2024 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$1.4B+4.2% YoY

Gross Profit

$1.1B73.6% margin

Operating Income

$650M45.1% margin

Net Income

$499M34.6% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

+14.4%

Cash Flow

Operating Cash Flow

$672M

Free Cash Flow

$626M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$13.0B

Total Liabilities

$9.3B

Stockholders' Equity

$3.7B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	+4.2%
Gross Profit	$1.1B	$1.0B	+5.1%
Operating Income	$650M	$612M	+6.2%
Net Income	$499M	$467M	+6.7%

Revenue Segments

Management Solutions

$1.0B75%

Peo And Insurance Solutions

$346M25%