Paychex Historical Income Statement
| PAYX Stock | USD 118.45 0.96 0.80% |
Historical analysis of Paychex income statement accounts such as Other Operating Expenses of 3.6 B, Operating Income of 2.5 B, EBIT of 2.5 B or Ebitda of 2.7 B can show how well Paychex performed in making a profits. Evaluating Paychex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Paychex's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Paychex latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Paychex is a good buy for the upcoming year.
Paychex |
About Paychex Income Statement Analysis
Paychex Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Paychex shareholders. The income statement also shows Paychex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Paychex Income Statement Chart
Paychex Income Statement is one of the three primary financial statements used for reporting Paychex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Paychex revenue and expense. Paychex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Paychex's Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 14.3 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 950.7 M in 2024. Add Fundamental
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Paychex minus its cost of goods sold. It is profit before Paychex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Paychex. It is also known as Paychex overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Paychex operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Paychex is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Paychex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Paychex current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.At this time, Paychex's Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 14.3 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 950.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 3.6B | 4.1B | 4.3B | Total Revenue | 4.6B | 5.0B | 5.8B | 6.0B |
Paychex income statement Correlations
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Paychex Account Relationship Matchups
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Paychex income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 209.7M | 192M | 191.8M | 176.6M | 203.1M | 213.2M | |
| Interest Expense | 38.8M | 35.8M | 36.6M | 15.1M | 17.4M | 18.2M | |
| Total Revenue | 4.0B | 4.1B | 4.6B | 5.0B | 5.8B | 6.0B | |
| Gross Profit | 2.8B | 2.8B | 3.3B | 3.6B | 4.1B | 4.3B | |
| Other Operating Expenses | 2.6B | 2.6B | 2.8B | 3.0B | 3.4B | 3.6B | |
| Operating Income | 1.5B | 1.5B | 1.8B | 2.0B | 2.3B | 2.5B | |
| Ebit | 1.5B | 1.5B | 1.8B | 2.0B | 2.3B | 2.5B | |
| Ebitda | 1.7B | 1.7B | 2.0B | 2.2B | 2.5B | 2.7B | |
| Cost Of Revenue | 1.3B | 1.3B | 1.4B | 1.5B | 1.7B | 1.8B | |
| Total Operating Expenses | 1.3B | 1.3B | 1.4B | 1.5B | 1.7B | 1.8B | |
| Income Before Tax | 1.4B | 1.4B | 1.8B | 2.0B | 2.4B | 2.5B | |
| Total Other Income Expense Net | (23.4M) | (26.5M) | (15.4M) | 15.1M | 13.6M | 14.3M | |
| Net Income | 1.1B | 1.1B | 1.4B | 1.6B | 1.8B | 1.9B | |
| Income Tax Expense | 339M | 336.7M | 431.8M | 490.9M | 564.5M | 592.8M | |
| Selling General Administrative | 1.3B | 1.3B | 1.4B | 1.5B | 1.7B | 1.8B | |
| Net Income Applicable To Common Shares | 1.1B | 1.1B | 1.4B | 1.6B | 1.8B | 1.9B | |
| Net Income From Continuing Ops | 1.1B | 1.1B | 1.4B | 1.6B | 1.8B | 950.7M | |
| Tax Provision | 339M | 336.7M | 431.8M | 490.9M | 564.5M | 427.9M | |
| Net Interest Income | (26.5M) | (33.5M) | (33.7M) | 12.4M | 11.2M | 11.7M | |
| Interest Income | 12.3M | 2.3M | 2.9M | 49.1M | 56.5M | 59.3M | |
| Reconciled Depreciation | 209.7M | 192M | 191.8M | 176.6M | 203.1M | 191.2M |
Paychex Investors Sentiment
The influence of Paychex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Paychex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Paychex's public news can be used to forecast risks associated with an investment in Paychex. The trend in average sentiment can be used to explain how an investor holding Paychex can time the market purely based on public headlines and social activities around Paychex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paychex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paychex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paychex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paychex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paychex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paychex's short interest history, or implied volatility extrapolated from Paychex options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Paychex Stock analysis
When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.07 | Dividend Share 3.56 | Earnings Share 4.6 | Revenue Per Share 14.461 | Quarterly Revenue Growth 0.042 |
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.