Paychex Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Paychex

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Paychex Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	541214 Payroll Services
Address	911 Panorama Trail South Rochester, NY 14625

Paychex's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Paychex's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Paychex is classified as operating in the Payroll Services industry, NAICS Code 541214.

Paychex is a publicly traded company on NMS using the ticker symbol PAYX. Detailed information on company financials and operating reports can be found here: NMS: PAYX

Paychex Annual Revenue and Growth Rate

Paychex	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Paychex's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that Paychex is developing and marketing. Paychex doesn't have any recent trademark applications, indicating Paychex is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
PREVIEW Software design for others in the field of payroll services, namely, general ledger reporting and interfaces, labor distribution, time clock interfaces, vacation and sick accruals, [ human resource management, tax filing ] and direct deposits	12/21/2000
PAYCHEX ONLINE Payroll direct deposit and electronic fund transfer services	12/21/2000
READYCHEX ELECTRONIC FUNDS TRANSFER SERVICES IN THE FIELD OF PAYROLL ACCOUNTS	12/21/2000

See all trademarks and details in the Full Report.

Market Share of Paychex's Largest Competitors

A competitive analysis shows these companies are in the same general field as Paychex, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
ADP TOTALSOURCE	Miami, FL	100
AUTOMATION PERSONNEL SERVICES	Birmingham, AL	48
S2 HR SOLUTIONS GROUP 1	Saint Petersburg, FL	36
PEOPLEASE	Charleston, SC	25
JUSTWORKS EMPLOYMENT GROUP	New York, NY	24
LYONS	Florence, AL	22
SYNUITY	Tampa, FL	11
S2 HR GROUP	St. Petersburg, FL	10
PAYCHEX	Rochester, NY	9

Nearby Competitors

These companies are similar in business line and location to Paychex. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
PAYCHEX	Rochester, NY	100
INSERO & CO CPAS	Rochester, NY	1
PETRELLA PHILLIPS	Rochester, NY	1
MENGEL METZGER BARR	Rochester, NY	1
FLAHERTY SALMIN	Rochester, NY	0
RDG PLUS PARTNERS CPAS PLLC	Rochester, NY	0

Future Competition: Paychex's Fastest Growing Competitors

These companies are in the same general field as Paychex and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)