PAYCHEX INC
Close on Oct 19, 2026
- Market cap
- $39.49B
- P/E (TTM)
- 22.0
- Dividend yield
- 4.00%
About Paychex
Services-Engineering, Accounting, Research, Management, SIC 8700
Paychex, Inc. delivers human capital management technology and advisory services across human resources, payroll processing, employee benefits, and business insurance. The company operates through core offerings that include proprietary software platforms such as SurePayroll, Paychex Flex, and Paycor, along with administrative services organization and professional employer organization solutions. Its platforms address the full employee life cycle by providing tools for talent acquisition, performance management, time and attendance tracking, benefits administration, retirement recordkeeping, and small business financing. Paychex markets these solutions to diverse business clients ranging from small firms to large organizations across multiple commercial industries.
The company maintains dual corporate headquarters in Rochester, New York, and Cincinnati, Ohio. Operating across the United States and parts of Europe, Paychex serves approximately 840,000 total customers, which includes roughly 800,000 payroll clients, and employs approximately 17,600 people primarily within the United States.
Summary of the business section of Paychex's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PAYCHEX INC
- Founded
- 1979
- Headquarters
- Rochester, NY
- Address
- 911 Panorama Trail S 14625-0397
- Phone
- (585) 385-6666
- Website
- paychex.com
- Employees
- 17,600, May 31, 2026
- Industry
- Services-Engineering, Accounting, Research, Management
- Incorporated in
- Delaware
- Fiscal year ends
- May 31
- Auditor
- PricewaterhouseCoopers LLP, Victor, New York
Stock & identifiers
- Ticker
- PAYX
- Exchange
- Nasdaq
- Shares outstanding
- 356M, Aug 31, 2026
- Public float
- $35.96B, Nov 28, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, May 23, 2000; 3-for-2, May 24, 1999; 3-for-2, May 26, 1998; 3-for-2, May 30, 1997; 3-for-2, May 24, 1996; 3-for-2, May 26, 1995; 3-for-2, Aug 27, 1993; 3-for-2, May 21, 1992; 3-for-2, Nov 16, 1987; 3-for-2, Jun 13, 1986
- SEC CIK
- 723531
- CUSIP
- 704326107
- ISIN
- US7043261079
- LEI
- 529900K900DW6SUBM174
- EIN
- 16-1124166
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher C. Simmons | VP, Controller & Treasurer | 3,290 |
| Robert L. Schrader | Sr. VP, CFO | 18,886 |
| Prabha S. Bhandari | Chief Legal Officer, Secretary | 1,664 |
| Chad C. Parodi | SVP, HCM, PEO & Insurance | 6,036 |
| Ryan Norman Bergstrom | Chief Product Officer | 41,279 |
| Adam Brooks Ante | Sr. Vice President, Paycor | 52,566 |
| John B. Gibson | President and CEO | 81,366 |
| Mason Argiropoulos | VP, Chief HR Officer | 5,219 |
| Elizabeth Roaldsen | Sr. Vice President | 6,952 |
| Jason Richard Rose | SVP, Digital Sales & Marketing | 2,782 |
| Beaumont Vance | Sr VP Data, Analytics, and AI | 2,758 |
| Mark Anthony Bottini | Sr. VP of Sales | 81,132 |
| Michael E. Gioja | Sr. Vice President | 24,636 |
| Martin Mucci | Director | 439,894 |
| Joseph Doody | Director | 25,647 |
| Joseph M. Tucci | Director | 67,364 |
| Joseph M. Velli | Director | 89,564 |
| Tom Bonadio | Director | 21,504 |
| J. Michael Hansen | Director | 624 |
| Kara Wilson | Director | 8,254 |
| Kevin A. Price | Director | 3,951 |
| Theresa M. Payton | Director | 2,800 |
| Pamela A. Joseph | Director | 11,770 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 John B.Gibson | $10.27M | -$3.35M | $2.86M | $111 | $92 |
| FY2026 Martin Mucci | $0 | $0 | $2.86M | $111 | $92 |
| FY2025 John B.Gibson | $8.81M | $16.43M | $2.89M | $174 | $147 |
| FY2024 John B.Gibson | $7.53M | $8.46M | $2.50M | $129 | $121 |
| FY2023 John B.Gibson | $6.68M | $5.66M | $2.69M | $109 | $96 |
| FY2023 John BGibson | $6.68M | $5.66M | $2.69M | $109 | $96 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Our Employees: As of May 31, 2026, we employed approximately 17,600 people, primarily in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 14, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 23, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 14, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |