Company / Revenue
Paychex Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$5.6B
FY2024
5-year range
$4.6B / $5.6B
FY2020-FY2024
Trend
+5.6%
vs FY2023
Sector context
#102 of 334
Industrials
What the data says
At $5.6B, Paychex's revenue ranks #102 of 334 in the Industrials sector. Revenue has increased for 4 consecutive years, from $3.4B in FY2020 to $5.6B in FY2024.
Based on SEC 10-K filings.
$5.6B in FY2024 with a 5-year CAGR of +6.6%.
Improved from $5.0B to $5.6B over the past 2 years.
Industrials sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +6.5%
- 5-Year CAGR
- +6.6%
- 10-Year CAGR
- -
Sector benchmark
#102 of 334 in IndustrialsTop 31% of 334This company $5.6B Sector average $7.5B
▼
-26.1% below sector average
Key checks
Key Insights
- Paychex's revenue has grown for 4 consecutive years.
- 5-year CAGR of +6.6%, indicating consistent growth.
- In FY2024, revenue increased 5.6% year-over-year.
- Ranks #102 out of 334 companies in the Industrials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $5.6B | +5.6% |
| FY2023 | $5.3B | +5.4% |
| FY2022 | $5.0B | +8.6% |
| FY2021 | $4.6B | +36.5% |
| FY2020 | $3.4B | -16.4% |
| FY2019 | $4.0B | +7.1% |
| FY2018 | $3.8B | +11.7% |
| FY2017 | $3.4B | +34.1% |
| FY2016 | $2.5B | -14.7% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026