Paychex Inc
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), 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. The comp… Read more
Paychex Inc (PAYX) - Total Assets
Latest total assets as of November 2025: $16.52 Billion USD
Based on the latest financial reports, Paychex Inc (PAYX) holds total assets worth $16.52 Billion USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Paychex Inc - Total Assets Trend (1986–2025)
This chart illustrates how Paychex Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Paychex Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Paychex Inc's total assets of $16.52 Billion consist of 53.8% current assets and 46.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.8% |
| Accounts Receivable | $1.98 Billion | 11.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.95 Billion | 11.8% |
| Goodwill | $4.51 Billion | 27.3% |
Asset Composition Trend (1986–2025)
This chart illustrates how Paychex Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Paychex Inc's current assets represent 53.8% of total assets in 2025, an increase from 47.6% in 1986.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2025, up from 0.8% in 1986.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 0.0% in 1986.
- Asset Diversification: The largest asset category is goodwill at 27.3% of total assets.
Paychex Inc Competitors by Total Assets
Key competitors of Paychex Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Paychex Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Paychex Inc generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Paychex Inc generates $ 10.01 in net profit.
Paychex Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 1.39 | 1.24 |
| Quick Ratio | 1.27 | 1.39 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.87 Billion | $ 2.10 Billion | $ 1.27 Billion |
Paychex Inc - Advanced Valuation Insights
This section examines the relationship between Paychex Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.55 |
| Latest Market Cap to Assets Ratio | 1.79 |
| Asset Growth Rate (YoY) | 59.5% |
| Total Assets | $16.56 Billion |
| Market Capitalization | $29.73 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Paychex Inc's assets above their book value (1.79 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Paychex Inc's assets grew by 59.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Paychex Inc (1986–2025)
The table below shows the annual total assets of Paychex Inc from 1986 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $16.56 Billion | +59.53% |
| 2024-05-31 | $10.38 Billion | -1.55% |
| 2023-05-31 | $10.55 Billion | +9.46% |
| 2022-05-31 | $9.64 Billion | +4.42% |
| 2021-05-31 | $9.23 Billion | +7.91% |
| 2020-05-31 | $8.55 Billion | -1.52% |
| 2019-05-31 | $8.68 Billion | +16.33% |
| 2018-05-31 | $7.46 Billion | +9.22% |
| 2017-05-31 | $6.83 Billion | +6.10% |
| 2016-05-31 | $6.44 Billion | -0.64% |
| 2015-05-31 | $6.48 Billion | +1.76% |
| 2014-05-31 | $6.37 Billion | +3.35% |
| 2013-05-31 | $6.16 Billion | -4.88% |
| 2012-05-31 | $6.48 Billion | +20.13% |
| 2011-05-31 | $5.39 Billion | +3.20% |
| 2010-05-31 | $5.23 Billion | +1.93% |
| 2009-05-31 | $5.13 Billion | -3.43% |
| 2008-05-31 | $5.31 Billion | -15.00% |
| 2007-05-31 | $6.25 Billion | +12.56% |
| 2006-05-31 | $5.55 Billion | +26.72% |
| 2005-05-31 | $4.38 Billion | +10.86% |
| 2004-05-31 | $3.95 Billion | +7.03% |
| 2003-05-31 | $3.69 Billion | +24.98% |
| 2002-05-31 | $2.95 Billion | +1.58% |
| 2001-05-31 | $2.91 Billion | +18.39% |
| 2000-05-31 | $2.46 Billion | +31.10% |
| 1999-05-31 | $1.87 Billion | +20.86% |
| 1998-05-31 | $1.55 Billion | +29.01% |
| 1997-05-31 | $1.20 Billion | +445.55% |
| 1996-05-31 | $220.20 Million | +30.76% |
| 1995-05-31 | $168.40 Million | +29.74% |
| 1994-05-31 | $129.80 Million | +21.42% |
| 1993-05-31 | $106.90 Million | +24.01% |
| 1992-05-31 | $86.20 Million | +22.44% |
| 1991-05-31 | $70.40 Million | +13.37% |
| 1990-05-31 | $62.10 Million | +13.32% |
| 1989-05-31 | $54.80 Million | +28.94% |
| 1988-05-31 | $42.50 Million | +30.37% |
| 1987-05-31 | $32.60 Million | +23.02% |
| 1986-05-31 | $26.50 Million | -- |