Paychex Inc (PAYX) Price and Market Data

Paychex Inc is a technology company specializing in human capital management solutions that help clients manage payroll, talent, time, tax, and benefits administration more effectively. Its broad product portfolio addresses a wide range of customer needs. In addition to its core cloud-based payroll and HCM software business, which contributes nearly half of total revenue, Paychex also offers outsourcing services. Its administrative services organization (ASO) and professional employer organization (PEO) operations account for more than 40% of sales. The remainder of revenue comes from retirement services, insurance solutions, and other offerings. In fiscal 2025, Paychex served 800,000 clients and supported nearly 2.5 million worksite employees through its ASO and PEO businesses.