Paychex Overview
Company: | Paychex |
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CEO: | John B. Gibson Jr. |
Founded: | Jan 1, 1971 |
Symbol: | PAYX |
Exchange: | NASDAQ |
Industry: | Staffing & Employment Services |
Sector: | Industrials |
About |
Paychex provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions,luding payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration,luding plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, whichlude payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage,luding health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York. |
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Ranking:
63 among 6032 companies
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Address:
911 Panorama Trail South
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City | State | Country:
Rochester | NY |
US
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- Website:
Paychex (PAYX)
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Frequently Asked Questions
When was Paychex founded?
Paychex was founded on Jan 1, 1971, which makes the company 54 years old.
Who is the CEO of Paychex?
John B. Gibson Jr. is the CEO of Paychex.
What industry and sector is Paychex in?
Paychex operates in the Staffing & Employment Services industry and the Industrials sector.
What are Paychex's CIK, SIC, and ISIN codes?
- CIK (Central Index Key): 0000723531
- SIC (Standard Industrial Classification): 8700
- ISIN (International Securities Identification Number): US7043261079
How many employees does Paychex have?
Paychex has 19,000 employees.
What is the revenue of Paychex?
In fiscal year 2025, Paychex generated a revenue of $5.57 Billion.
What is the net income of Paychex?
In fiscal year 2025, Paychex reported a net income of $1.66 Billion.
What is Paychex's biggest product segment?
Management Solutions is Paychex's biggest product segment, representing 75.18% of its total revenue.
When was Paychex listed on the stock exchange?
Paychex went public on Aug 26, 1983, through its Initial Public Offering (IPO), and it has been 41 years since then.
What is the ticker symbol of Paychex, and where is it listed?
Paychex's ticker symbol is PAYX, and the company is listed on the NASDAQ stock market exchange.
What is Paychex's current stock price?
Paychex's current stock price is $139.11 as of Aug 6, 2025.
What is Paychex's ranking in the world?
Ranked #63among 6,032 companies based on market cap.
Who are the top competitors of Paychex?
Competitors of Paychex include Automatic Data Processing, and more.