Paychex, Inc. (PAYX) FY2025 Q1 Balance Sheet

Paychex, Inc. (PAYX) FY2025 Q1 Balance Sheet

Balance sheet as of 2024-08-31. The chart shows assets, liabilities and equity at that date.

Assets

10,489,100,000 US dollars

Current assets

7,361,400,000 US dollars

Non-current assets

3,127,700,000 US dollars

Liabilities

6,638,700,000 US dollars

Current liabilities

5,343,900,000 US dollars

Non-current liabilities

1,294,800,000 US dollars

Equity

3,850,400,000 US dollars

Funds held for clients

3,763,200,000 US dollars

Cash and cash equivalents

1,459,600,000 US dollars

Accounts receivable, net of allowance for credit losses

1,126,200,000 US dollars

PEO unbilled receivables, net of advance collections

553,800,000 US dollars

Prepaid expenses and other current assets

342,400,000 US dollars

Restricted cash

54,900,000 US dollars

Corporate investments

38,400,000 US dollars

Interest receivable

22,900,000 US dollars

Goodwill

1,884,900,000 US dollars

Long-term deferred costs

471,000,000 US dollars

Property and equipment, net of accumulated depreciation

417,400,000 US dollars

Intangible assets, net of accumulated amortization

187,700,000 US dollars

Other long-term assets

117,200,000 US dollars

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

49,500,000 US dollars

Client fund obligations

3,843,600,000 US dollars

Accrued worksite employee compensation and related items

677,200,000 US dollars

Other current liabilities

478,700,000 US dollars

Accrued corporate compensation and related items

120,800,000 US dollars

Accounts payable

80,900,000 US dollars

Accrued income taxes

73,500,000 US dollars

Deferred revenue

50,300,000 US dollars

Short-term borrowings

18,900,000 US dollars

Long-term borrowings, net of debt issuance costs

798,700,000 US dollars

Other long-term liabilities

243,000,000 US dollars

Accrued income taxes

108,600,000 US dollars

Deferred income taxes

95,100,000 US dollars

Operating lease liabilities

49,400,000 US dollars

Retained earnings

2,165,400,000 US dollars

Additional paid-in capital

1,761,700,000 US dollars

Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 359.9 shares as of August 31, 2024 and 360.1 shares as of May 31, 2024

3,600,000 US dollars

Accumulated other comprehensive loss

negative 80,300,000 US dollars

Gross equity (calculated)

3,930,700,000 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.