Paychex, Inc. (PAYX) FY2025 Annual Balance Sheet

Paychex, Inc. (PAYX) FY2025 Annual Balance Sheet

Balance sheet as of 2025-05-31. The chart shows assets, liabilities and equity at that date.

Assets

16,564,100,000 US dollars

Current assets

8,916,500,000 US dollars

Non-current assets

7,647,600,000 US dollars

Liabilities

12,436,100,000 US dollars

Current liabilities

6,956,300,000 US dollars

Non-current liabilities

5,479,800,000 US dollars

Equity

4,128,000,000 US dollars

Funds held for clients

4,813,300,000 US dollars

Cash and cash equivalents

1,628,600,000 US dollars

Accounts receivable, net of allowance for credit losses

1,330,500,000 US dollars

PEO unbilled receivables, net of advance collections

616,600,000 US dollars

Prepaid expenses and other current assets

378,300,000 US dollars

Restricted cash

47,900,000 US dollars

Prepaid income taxes

38,900,000 US dollars

Corporate investments

34,500,000 US dollars

Interest receivable

27,900,000 US dollars

Goodwill

4,514,100,000 US dollars

Intangible assets, net of accumulated amortization

1,947,300,000 US dollars

Property and equipment, net of accumulated depreciation

511,500,000 US dollars

Long-term deferred costs

482,400,000 US dollars

Other long-term assets

128,500,000 US dollars

Operating lease right-of-use assets, net of accumulated amortization

63,800,000 US dollars

Long-term corporate investments

0 US dollars

Client fund obligations

4,867,000,000 US dollars

Accrued worksite employee compensation and related items

735,800,000 US dollars

Other current liabilities

552,000,000 US dollars

Long-term debt, net, current portion

399,800,000 US dollars

Accrued corporate compensation and related items

183,900,000 US dollars

Accounts payable

129,800,000 US dollars

Deferred revenue

69,400,000 US dollars

Short-term debt

18,600,000 US dollars

Long-term debt, net of debt issuance costs

4,548,400,000 US dollars

Deferred income taxes

444,700,000 US dollars

Other long-term liabilities

312,200,000 US dollars

Accrued income taxes

119,000,000 US dollars

Operating lease liabilities

55,500,000 US dollars

Retained earnings

2,277,000,000 US dollars

Additional paid-in capital

1,901,100,000 US dollars

Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 360.5 shares as of May 31, 2025 and 360.1 shares as of May 31, 2024

3,600,000 US dollars

Accumulated other comprehensive loss

negative 53,700,000 US dollars

Gross equity (calculated)

4,181,700,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.