Paychex, Inc. (PAYX) quarterly balance sheet — complete assets, liabilities & equity history
Paychex, Inc. (PAYX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 8.09B | 8.61B | 9.93B | 8.91B | 9.04B | 8.92B | 8.08B | 7.43B | 7.36B | 7.25B | 9.89B | 8.92B | 9.09B | 7.53B | 7.6B | 6.2B | 6.09B | 6.58B | 7.24B | 6.63B |
| Cash & Short-Term Investments | 934.2M | 1.18B | 1.83B | 1.57B | 1.67B | 1.66B | 1.6B | 1.24B | 1.5B | 1.5B | 1.73B | 1.4B | 1.69B | 1.6B | 1.56B | 1.26B | 1.23B | 1.22B | 1.35B | 1.01B |
| Cash Only | 600.9M | 1.14B | 1.79B | 1.54B | 809M | 1.63B | 1.56B | 1.2B | 1.46B | 1.47B | 1.69B | 1.36B | 1.65B | 1.22B | 1.32B | 1.1B | 1.18B | 370M | 267.5M | 636.2M |
| Short-Term Investments | 333.3M | 36.3M | 38.1M | 37.6M | 861.9M | 34.5M | 37.2M | 38M | 38.4M | 33.9M | 36.6M | 34.4M | 45.7M | 373.4M | 240.1M | 165.6M | 45.8M | 853.9M | 1.09B | 376M |
| Accounts Receivable | 2.34B | 2.21B | 2.07B | 2.03B | 2B | 1.98B | 1.87B | 1.88B | 1.7B | 1.63B | 1.7B | 1.65B | 1.57B | 1.43B | 1.42B | 1.39B | 1.37B | 1.32B | 1.2B | 1.37B |
| Days Sales Outstanding | 128.17 | 122.59 | 102.03 | 117.82 | 118.81 | 123.77 | 111.67 | 123.77 | 116.11 | 118.18 | 105.99 | 116.67 | 107.34 | 106.29 | 91.45 | 105.69 | 102.64 | 101.42 | 90.85 | 100.81 |
| Inventory | 200K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 0.04 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.4B | 5.22B | 5.99B | 5.25B | 5.36B | 5.24B | 4.59B | 4.22B | 4.16B | 4.08B | 6.43B | 5.79B | 5.82B | 4.46B | 4.59B | 3.48B | 3.48B | 4.01B | 4.64B | 4.19B |
| Total Non-Current Assets | 7.57B | 7.56B | 7.58B | 7.61B | 7.62B | 7.65B | 3.14B | 3.13B | 3.13B | 3.13B | 3.14B | 3.13B | 3.11B | 3.02B | 3.01B | 3.02B | 3.04B | 3.05B | 3.05B | 3.06B |
| Property, Plant & Equipment | 690.4M | 652.8M | 639M | 631.3M | 589.6M | 575.3M | 499.4M | 478.4M | 466.9M | 458.6M | 478M | 477M | 466.1M | 457.8M | 452.6M | 463.7M | 472.8M | 480M | 483.5M | 495.9M |
| Fixed Asset Turnover | 2.43x | 2.49x | 2.85x | 2.55x | 2.64x | 2.66x | 3.09x | 2.79x | 2.85x | 2.77x | 3.01x | 2.67x | 2.78x | 2.70x | 3.01x | 2.54x | 2.53x | 2.38x | 2.61x | 2.23x |
| Goodwill | 4.53B | 4.53B | 4.53B | 4.53B | 4.52B | 4.51B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.83B | 1.83B | 1.83B | 1.83B | 1.83B | 1.83B | 1.83B |
| Intangible Assets | 1.63B | 1.68B | 1.75B | 1.81B | 1.89B | 1.95B | 175.6M | 179.8M | 187.7M | 194.5M | 204.9M | 201M | 197.5M | 187.4M | 196.2M | 203.9M | 212.5M | 224.6M | 234.8M | 245.9M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.7M | 1.6M | 1.6M | 1.6M | 3.8M | 3.8M | 3.9M | 3.9M | 5M | 5.1M | 7M |
| Other Non-Current Assets | 726.4M | 697M | 669.6M | 638.6M | 623M | 610.9M | 591.8M | 587.1M | 588.2M | 592.1M | 570.7M | 566.5M | 564.9M | 535.3M | 522.2M | 514.6M | 526M | 512.5M | 491.2M | 474.6M |
| Total Assets | 15.66B | 16.17B | 17.51B | 16.52B | 16.66B | 16.56B | 11.22B | 10.55B | 10.49B | 10.38B | 13.02B | 12.05B | 12.2B | 10.55B | 10.6B | 9.21B | 9.13B | 9.64B | 10.28B | 9.69B |
| Asset Turnover | 0.10x | 0.10x | 0.11x | 0.09x | 0.09x | 0.10x | 0.14x | 0.13x | 0.13x | 0.11x | 0.11x | 0.10x | 0.11x | 0.12x | 0.14x | 0.13x | 0.13x | 0.11x | 0.13x | 0.12x |
| Asset Growth % | -6.02% | -2.35% | 56.05% | 56.51% | 58.86% | 59.53% | -13.84% | -12.42% | -14.02% | -1.55% | 22.83% | 30.8% | 33.69% | 9.46% | 3.11% | -4.89% | -2.58% | 4.42% | 6.39% | 12.45% |
| Total Current Liabilities | 6.34B | 6.84B | 7.88B | 7.04B | 7.13B | 6.96B | 5.8B | 5.33B | 5.34B | 5.31B | 8B | 7.25B | 7.34B | 5.81B | 5.96B | 4.75B | 4.7B | 5.27B | 5.69B | 5.22B |
| Accounts Payable | 141.4M | 154.8M | 132.4M | 137.6M | 120.6M | 129.8M | 118.7M | 89.2M | 80.9M | 104.3M | 94M | 92.3M | 95.3M | 84.7M | 122.5M | 86.7M | 84.7M | 105.7M | 111.4M | 85.9M |
| Days Payables Outstanding | 31.68 | 31.66 | 28.18 | 28.5 | 27.84 | 29.02 | 24.15 | 20.42 | 22.42 | 24.31 | 22.32 | 23.44 | 22.99 | 25.77 | 25.25 | 21.71 | 24.95 | 27.74 | 25.21 | 22.63 |
| Short-Term Debt | 0 | 22M | 400M | 418.1M | 418.4M | 418.4M | 17.6M | 18.2M | 18.9M | 18.7M | 18.8M | 13.6M | 13.7M | 10.2M | 10.2M | 10.1M | 10.3M | 8.7M | 8.7M | 8.9M |
| Deferred Revenue (Current) | 70.8M | 69.4M | 70.3M | 70.5M | 68.8M | 69.4M | 51.7M | 50.7M | 50.3M | 50.2M | 51.7M | 55.1M | 51M | 47.3M | 43.8M | 44.8M | 40.8M | 38.4M | 37.1M | 39.8M |
| Other Current Liabilities | 5.03B | 5.5B | 6.21B | 5.46B | 5.59B | 5.42B | 4.71B | 4.35B | 4.32B | 4.34B | 6.76B | 6.12B | 6.24B | 4.69B | 4.84B | 4.61B | 3.67B | 4.18B | 4.72B | 4.25B |
| Current Ratio | 1.28x | 1.26x | 1.26x | 1.27x | 1.27x | 1.28x | 1.39x | 1.39x | 1.38x | 1.37x | 1.24x | 1.23x | 1.24x | 1.30x | 1.27x | 1.30x | 1.29x | 1.25x | 1.27x | 1.27x |
| Quick Ratio | 1.28x | 1.26x | 1.26x | 1.27x | 1.27x | 1.28x | 1.39x | 1.39x | 1.38x | 1.37x | 1.24x | 1.23x | 1.24x | 1.30x | 1.27x | 1.30x | 1.29x | 1.25x | 1.27x | 1.27x |
| Cash Conversion Cycle | 96.53 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 5.62B | 5.6B | 5.62B | 5.6B | 5.56B | 5.48B | 1.31B | 1.3B | 1.29B | 1.27B | 1.28B | 1.27B | 1.27B | 1.25B | 1.24B | 1.26B | 1.29B | 1.28B | 1.31B | 1.35B |
| Long-Term Debt | 4.56B | 4.56B | 4.55B | 4.55B | 4.55B | 4.55B | 799M | 798.9M | 798.7M | 798.6M | 798.5M | 798.4M | 798.3M | 798.2M | 798.1M | 797.9M | 797.8M | 797.7M | 797.6M | 797.5M |
| Capital Lease Obligations | 62.9M | 52.2M | 59.3M | 66.6M | 52.9M | 55.5M | 47.1M | 45.7M | 49.4M | 49M | 51.5M | 53.5M | 55.1M | 57.3M | 62.9M | 66.8M | 71M | 74.8M | 79.3M | 86.7M |
| Deferred Tax Liabilities | 537.6M | 543.3M | 553.5M | 531.9M | 518M | 444.7M | 93M | 95.3M | 95.1M | 86M | 94.8M | 103M | 101.3M | 112.1M | 116.5M | 129.8M | 157.1M | 165.5M | 188.5M | 207.6M |
| Other Non-Current Liabilities | 456.7M | 447.2M | 451.8M | 447M | 442.5M | 431.2M | 366.2M | 359.9M | 351.6M | 339.4M | 331.2M | 318.4M | 314M | 280.2M | 266.9M | 260.6M | 260.4M | 242.8M | 244.4M | 254.6M |
| Total Liabilities | 11.96B | 12.44B | 13.5B | 12.64B | 12.69B | 12.44B | 7.11B | 6.63B | 6.64B | 6.58B | 9.28B | 8.53B | 8.61B | 7.05B | 7.2B | 6.01B | 5.99B | 6.55B | 7B | 6.57B |
| Total Debt | 4.62B | 4.63B | 5.01B | 5.04B | 5.02B | 5.02B | 863.7M | 862.8M | 867M | 866.3M | 868.8M | 865.5M | 867.1M | 865.7M | 871.2M | 874.8M | 879.1M | 881.2M | 885.6M | 893.1M |
| Net Debt | 4.02B | 3.49B | 3.22B | 3.5B | 4.21B | 3.39B | -700.1M | -339.3M | -592.6M | -602.6M | -824.8M | -497.6M | -778.8M | -356.3M | -445.7M | -221.7M | -305.1M | 511.2M | 618.1M | 256.9M |
| Debt / Equity | 1.25x | 1.24x | 1.25x | 1.30x | 1.26x | 1.22x | 0.21x | 0.22x | 0.23x | 0.23x | 0.23x | 0.25x | 0.24x | 0.25x | 0.26x | 0.27x | 0.28x | 0.29x | 0.27x | 0.29x |
| Debt / EBITDA | 6.34x | 6.45x | 5.55x | 7.40x | 7.71x | 9.72x | 1.18x | 1.49x | 1.48x | 1.64x | 1.25x | 1.57x | 1.50x | 1.74x | 1.33x | 1.69x | 1.63x | 1.99x | 1.45x | 1.83x |
| Net Debt / EBITDA | 5.51x | 4.86x | 3.57x | 5.14x | 6.47x | 6.57x | -0.95x | -0.59x | -1.01x | -1.14x | -1.19x | -0.90x | -1.35x | -0.72x | -0.68x | -0.43x | -0.57x | 1.15x | 1.01x | 0.53x |
| Interest Coverage | 9.51x | 9.51x | 11.85x | 8.59x | 8.29x | 7.11x | 31.35x | 58.23x | 59.03x | 52.77x | 67.59x | 61.93x | 59.41x | 50.32x | 69.60x | 52.65x | 55.07x | 43.73x | 62.59x | 48.05x |
| Total Equity | 3.71B | 3.74B | 4.01B | 3.88B | 3.97B | 4.13B | 4.12B | 3.93B | 3.85B | 3.8B | 3.75B | 3.52B | 3.59B | 3.49B | 3.4B | 3.21B | 3.14B | 3.09B | 3.29B | 3.12B |
| Equity Growth % | -6.68% | -9.52% | -2.5% | -1.16% | 3.12% | 8.6% | 9.86% | 11.39% | 7.32% | 8.81% | 10.17% | 9.96% | 14.36% | 13.22% | 3.5% | 2.74% | 3.09% | 4.65% | 10.4% | 7.96% |
| Book Value per Share | 10.39 | 10.43 | 11.13 | 10.75 | 10.97 | 11.39 | 11.37 | 10.85 | 10.64 | 10.51 | 10.36 | 9.73 | 9.89 | 9.64 | 9.39 | 8.85 | 8.66 | 8.49 | 9.04 | 8.59 |
| Total Shareholders' Equity | 3.71B | 3.74B | 4.01B | 3.88B | 3.97B | 4.13B | 4.12B | 3.93B | 3.85B | 3.8B | 3.75B | 3.52B | 3.59B | 3.49B | 3.4B | 3.21B | 3.14B | 3.09B | 3.29B | 3.12B |
| Common Stock | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M |
| Retained Earnings | 1.79B | 1.81B | 2.05B | 1.95B | 2.07B | 2.28B | 2.39B | 2.22B | 2.17B | 2.21B | 2.19B | 2.01B | 2.1B | 2.02B | 1.99B | 1.81B | 1.74B | 1.67B | 1.8B | 1.61B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -81.3M | -49.9M | -2.7M | -17.6M | -25M | -53.7M | -89.6M | -91.9M | -80.3M | -145.1M | -145.2M | -167.2M | -183.1M | -159.9M | -204.2M | -198.3M | -171.4M | -133.9M | -47M | 3.8M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |