Paychex, inc. (PAYX)
Income statement / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09Aug'09May'09Feb'09Nov'08Aug'08
Revenue:
Total service revenue

4,022

3,947

3,817

3,691

3,587

3,457

3,406

3,339

3,270

3,135

3,106

3,100

3,057

3,015

2,967

2,905

2,845

2,798

2,753

2,697

2,650

2,597

2,531

2,478

2,418

2,361

2,320

2,285

2,250

2,226

2,202

2,186

2,155

2,117

2,082

2,036

2,008

1,982

1,965

1,945

1,944

1,962

1,983

2,007

0

0

0

Interest on funds held for clients

83

85

84

80

76

71

66

63

59

54

52

50

48

47

47

46

44

43

42

42

41

41

40

40

40

40

40

41

41

41

42

43

45

45

47

48

49

51

53

55

56

58

64

75

0

0

0

Total revenue

4,105

4,033

3,901

3,772

3,663

3,528

3,473

3,403

3,330

3,190

3,158

3,151

3,106

3,063

3,014

2,951

2,890

2,841

2,795

2,739

2,692

2,638

2,572

2,518

2,459

2,402

2,361

2,326

2,292

2,268

2,244

2,229

2,201

2,162

2,129

2,084

2,057

2,034

2,018

2,000

2,000

2,021

2,048

2,082

0

0

0

Expenses:
Operating expenses

1,311

1,296

1,237

1,177

1,121

1,068

1,051

1,018

989

943

0

-

0

0

-

857

840

825

819

808

808

788

756

732

701

681

677

671

667

670

669

670

0

0

0

-

-

-

-

-

-

-

-

680

0

0

0

Selling, general and administrative expenses

1,319

1,302

1,263

1,223

1,157

1,136

1,101

1,068

1,042

981

0

-

0

0

-

948

927

910

894

878

853

833

820

803

791

779

761

750

736

723

713

705

0

0

0

-

-

-

-

-

-

-

-

597

0

0

0

Total expenses

2,630

2,598

2,501

2,401

2,278

2,204

2,153

2,086

2,031

1,925

0

-

0

0

-

1,805

1,768

1,735

1,713

1,686

1,662

1,621

1,577

1,536

1,493

1,461

1,439

1,421

1,403

1,394

1,382

1,375

0

0

0

-

-

-

-

-

-

-

-

1,277

0

0

0

Operating income

1,475

1,434

1,400

1,371

1,374

1,314

1,310

1,307

1,288

1,225

1,233

1,239

1,217

1,190

1,173

1,146

1,121

1,106

1,082

1,053

1,030

1,016

995

982

966

940

921

904

888

874

862

853

840

829

815

786

777

746

735

724

725

754

773

805

0

0

0

Other (expense)/income, net

-19

-17

-10

-3

3

9

8

8

7

6

5

5

3

3

4

4

6

6

6

6

5

5

5

5

5

5

5

6

7

7

6

6

6

5

5

5

5

5

5

4

4

3

4

6

0

0

0

Income before income taxes

1,456

1,417

1,389

1,368

1,377

1,323

1,319

1,315

1,296

1,232

1,239

1,244

1,220

1,194

1,178

1,151

1,128

1,112

1,088

1,060

1,036

1,022

1,000

988

971

945

927

911

895

881

869

860

846

835

821

792

782

751

740

729

729

758

778

812

0

0

0

Income taxes

348

339

334

333

345

248

280

310

324

425

429

427

420

416

413

394

388

383

375

385

376

372

364

360

366

356

349

342

327

321

316

312

303

296

288

276

271

258

255

252

254

264

269

278

0

0

0

Net income

1,107

1,077

1,055

1,034

1,032

1,075

1,038

1,004

971

807

810

817

800

778

765

756

739

728

712

674

659

650

636

627

605

589

578

569

568

559

552

548

543

538

532

515

511

493

485

477

475

494

508

533

0

0

0

Unrealized (losses)/gains on securities, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

15

-2

-12

-14

-2

8

30

-0

-8

-26

-42

-15

-10

5

-6

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income, net of tax

64

59

62

36

7

-38

-60

-56

-25

-63

0

-

0

0

-

21

15

-2

-12

-14

-2

8

30

-0

-8

-26

-42

-15

4

1

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

1,172

1,136

1,117

1,070

1,029

1,026

967

937

953

750

0

-

0

0

-

778

755

726

700

660

656

659

666

627

597

563

536

553

558

565

545

548

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share

0.99

0.72

0.74

0.64

0.90

0.66

0.68

0.64

1.02

0.55

0.59

0.54

0.56

0.56

0.60

0.50

0.50

0.52

0.58

0.44

0.47

0.48

0.47

0.40

0.44

0.43

0.45

0.33

0.40

0.41

0.42

0.34

0.37

0.39

0.41

0.33

0.36

0.37

0.36

0.32

0.31

0.35

0.34

0.32

0.36

0.39

0.41

Diluted earnings per share

0.98

0.72

0.73

0.64

0.90

0.65

0.67

0.63

1.01

0.55

0.58

0.54

0.56

0.56

0.60

0.49

0.50

0.52

0.58

0.45

0.46

0.47

0.47

0.40

0.44

0.43

0.44

0.33

0.40

0.41

0.42

0.34

0.37

0.39

0.41

0.33

0.36

0.37

0.36

0.32

0.31

0.35

0.34

0.32

0.36

0.39

0.41

Weighted-average common shares outstanding

358

358

358

359

359

359

359

359

359

359

358

359

359

360

361

360

360

360

361

362

363

363

363

363

364

364

365

364

363

363

363

362

362

362

362

362

361

361

361

361

361

361

361

360

360

360

360

Weighted-average common shares outstanding, assuming dilution

361

360

361

362

361

361

361

361

362

361

361

362

361

362

364

362

362

362

362

364

365

364

364

365

365

366

366

366

364

364

363

363

363

362

362

363

362

362

362

362

361

361

361

361

360

360

361

Cash dividends per common share

-

-

-

-

-

-

-

0.56

-

-

0.50

0.46

0.46

0.46

0.46

0.42

0.42

0.42

0.42

0.38

0.38

0.38

0.38

0.35

0.35

0.35

0.35

0.00

0.66

0.33

0.32

0.32

0.32

0.32

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

0.31

Management Solutions [Member]
Total service revenue

3,004

2,955

2,914

2,877

2,844

2,812

2,780

2,758

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PEO And Insurance Solutions [Member]
Total service revenue

1,017

992

903

814

716

620

600

555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-