Company Paychex, Inc.

Equities

PAYX

US7043261079

Employment Services

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
120 USD -1.64% Intraday chart for Paychex, Inc. +0.38% +0.72%

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 20/13/20
Founder 82 01/71/01
Director of Finance/CFO 52 01/14/01
Chairman 64 01/02/01
Compliance Officer - 01/02/01
Chief Tech/Sci/R&D Officer 66 13/08/13
Chief Operating Officer 52 15/23/15
Chief Tech/Sci/R&D Officer - 01/19/01
Director/Board Member 71 14/10/14
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Founder 82 01/71/01
Director/Board Member 65 23/05/23
Director/Board Member 71 14/10/14
Chairman 64 01/02/01
Director/Board Member 75 13/17/13
Chief Executive Officer 58 20/13/20
Director/Board Member 68 01/99/01
Director/Board Member 76 01/00/01
Director/Board Member 66 24/07/24
Director/Board Member 54 19/17/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 360,000,000 321,050,472 ( 89.18 %) 0 89.18 %

Shareholders

NameEquities%Valuation
37,553,890 10.44 % 4 612 M $
Vanguard Fiduciary Trust Co.
8.454 %
30,418,038 8.454 % 3 735 M $
BlackRock Advisors LLC
6.072 %
21,850,100 6.072 % 2 683 M $
Capital Research & Management Co. (International Investors)
5.143 %
18,504,389 5.143 % 2 272 M $
13,083,282 3.636 % 1 607 M $
BNY Mellon Investment Adviser, Inc.
3.195 %
11,494,909 3.195 % 1 412 M $
Wells Fargo Bank NA
3.105 %
11,173,711 3.105 % 1 372 M $
Geode Capital Management LLC
2.414 %
8,685,031 2.414 % 1 067 M $
Charles Schwab Investment Management, Inc.
1.887 %
6,788,274 1.887 % 834 M $
Merrill Lynch International
1.831 %
6,589,418 1.831 % 809 M $

Company contact information

Paychex, Inc.

911 Panorama Trail South

14625-2396, Rochester

+585 385 6666

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