Paychex balance sheet

At the end of fiscal 2026, Paychex had total assets of $16.17bn, total liabilities of $12.44bn and shareholders' equity of $3.74bn. It held $1.09bn in cash against $4.60bn of debt: net debt of $3.51bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Paychex: balance sheet, annual
Fiscal year	2010May 2010	2011May 2011	2012May 2012	2013May 2013	2014May 2014	2015May 2015	2016May 2016	2017May 2017	2018May 2018	2019May 2019	2020May 2020	2021May 2021	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026	LTMAug 2026
Cash and equivalents	0.3	0.1	0.1	0.1	0.2	0.2	0.1	0.2	0.4	0.7	0.9	1.0	0.4	1.2	1.5	1.6	1.1	0.6
Receivables	0.2	0.2	0.1	0.1	0.1	0.2	0.4	0.5	0.4	0.4	0.4	0.6	0.7	0.9	1.1	1.3	1.5	1.6
Total current assets	4.2	4.3	5.1	4.8	5.0	5.1	4.9	5.3	5.9	5.7	5.5	6.2	6.6	7.5	7.3	8.9	8.6	8.1
Goodwill	0.4	0.5	0.5	0.5	0.5	0.6	0.7	0.7	0.8	1.8	1.8	1.8	1.8	1.8	1.9	4.5	4.5	4.5
Total assets	5.2	5.4	6.5	6.2	6.4	6.5	6.4	6.8	7.9	8.7	8.6	9.2	9.6	10.5	10.4	16.6	16.2	15.7
Accounts payable	0.0	0.0	0.1	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1
Deferred revenue (current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1
Total current liabilities	3.7	3.8	4.7	4.3	4.4	4.6	4.4	4.7	5.3	4.8	4.4	4.9	5.3	5.8	5.3	7.0	6.8	6.3
Short-term debt	—	—	—	—	—	—	—	—	0.0	—	0.0	0.0	0.0	0.0	0.0	0.4	0.0	—
Long-term debt	—	—	—	—	—	—	—	—	—	0.8	0.8	0.8	0.8	0.8	0.8	4.5	4.6	4.6
Total debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.8	0.8	0.8	0.8	0.8	0.8	5.0	4.6	4.6
Total liabilities	3.8	3.9	4.9	4.4	4.6	4.7	4.5	4.9	5.6	6.1	5.8	6.3	6.6	7.1	6.6	12.4	12.4	12.0
Shareholders' equity	1.4	1.5	1.6	1.8	1.8	1.8	1.9	2.2	2.4	2.6	2.8	2.9	3.1	3.5	3.8	4.1	3.7	3.7
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	−0.3	—	—	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−0.3	−0.1	−0.1	−0.1	−0.2	−0.2	−0.1	−0.2	−0.4	0.1	−0.1	−0.2	0.4	−0.4	−0.7	3.4	3.5	4.0
Shares outstanding	362m	362m	363m	365m	363m	361m	360m	359m	359m	359m	359m	360m	360m	361m	360m	361m	356m	356m

US$ billions unless shown otherwise. Fiscal quarters.

Paychex: balance sheet, quarterly
Quarter	2025 Q2Nov 2024	2025 Q3Feb 2025	2025 Q4May 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Feb 2026	2026 Q4May 2026	2027 Q1Aug 2026
Receivables	1.3	1.2	1.3	1.4	1.4	1.4	1.5	1.6
Total current assets	7.4	8.1	8.9	9.0	8.9	9.9	8.6	8.1
Goodwill	1.9	1.9	4.5	4.5	4.5	4.5	4.5	4.5
Total assets	10.6	11.2	16.6	16.7	16.5	17.5	16.2	15.7
Accounts payable	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1
Deferred revenue (current)	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total current liabilities	5.3	5.8	7.0	7.1	7.0	7.9	6.8	6.3
Short-term debt	0.0	0.0	0.4	0.4	0.4	0.4	0.0	—
Long-term debt	0.8	0.8	4.5	4.6	4.6	4.6	4.6	4.6
Total debt	0.8	0.8	4.9	5.0	5.0	5.0	4.6	4.6
Total liabilities	6.6	7.1	12.4	12.7	12.6	13.5	12.4	12.0
Shareholders' equity	3.9	4.1	4.1	4.0	3.9	4.0	3.7	3.7
Shares outstanding	360m	360m	361m	360m	359m	358m	356m	356m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Paychex's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Paychex.