Company Paychex, Inc.

Equities

PAYX

US7043261079

Employment Services

Market Closed - Nasdaq 04:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
127 USD +0.86% Intraday chart for Paychex, Inc. +2.10% +6.61%

Business Summary

Paychex, Inc. specializes in the development of integrated management software packages (ERP). The group also offers outsourcing services for small and mid-size companies. Net sales break down by activity sector as follows:

- payroll and human resources management solutions (74.5%): management solutions for payroll, internal accounting data, taxes, employee benefits, pensions, etc.;

- HR management solutions for professional employer organizations (23.5%): health insurance management, risk management and risk management, employee assistance schemes, etc.;

- fund management (2%).

All sales are in the United States.

Number of employees: 16,600

Sales per Business

USD in Million2022Weight2023Weight Delta
Management Solutions
74.5 %
3,443 74.7 % 3,731 74.5 % +8.36%
Professional Employer Organization and Insurance Solutions
23.5 %
1,111 24.1 % 1,177 23.5 % +5.89%
Interest on Funds Held for Clients
2.0 %
58 1.3 % 100 2.0 % +72.96%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
99.0 %
4,566 99.0 % 4,957 99.0 % +8.57%
Europe
1.0 %
46 1.0 % 50 1.0 % +8.57%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 13-05-19
Founder 82 70-12-31
Director of Finance/CFO 52 14-11-30
Chairman 64 01-12-31
Compliance Officer - 01-12-31
Chief Tech/Sci/R&D Officer 66 08-11-12
Chief Operating Officer 52 23-05-14
Chief Tech/Sci/R&D Officer - 19-08-31
Director/Board Member 71 10-10-13
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Founder 82 70-12-31
Director/Board Member 65 05-11-22
Director/Board Member 71 10-10-13
Chairman 64 01-12-31
Director/Board Member 75 17-01-12
Chief Executive Officer 58 13-05-19
Director/Board Member 68 98-12-31
Director/Board Member 76 99-12-31
Director/Board Member 66 07-01-23
Director/Board Member 54 17-07-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 360,000,000 321,050,432 ( 89.18 %) 0 89.18 %

Shareholders

NameEquities%Valuation
37,553,890 10.43 % 4 580 M $
Vanguard Fiduciary Trust Co.
8.485 %
30,541,306 8.485 % 3 725 M $
BlackRock Advisors LLC
6.146 %
22,124,067 6.146 % 2 698 M $
Capital Research & Management Co. (International Investors)
5.800 %
20,878,283 5.800 % 2 547 M $
13,040,576 3.623 % 1 591 M $
BNY Mellon Investment Adviser, Inc.
3.192 %
11,489,820 3.192 % 1 401 M $
Wells Fargo Bank NA
3.089 %
11,117,637 3.089 % 1 356 M $
Charles Schwab Investment Management, Inc.
2.526 %
9,093,734 2.526 % 1 109 M $
Geode Capital Management LLC
2.503 %
9,010,917 2.503 % 1 099 M $
Merrill Lynch International
1.684 %
6,060,724 1.684 % 739 M $

Company contact information

Paychex, Inc.

911 Panorama Trail South

14625-2396, Rochester

+585 385 6666

http://www.paychex.com
address Paychex, Inc.(PAYX)