Paychex Future Growth
Future criteria checks 3/6
Paychex is forecast to grow earnings and revenue by 6.3% and 5% per annum respectively. EPS is expected to grow by 6.3% per annum. Return on equity is forecast to be 41.7% in 3 years.
Key information
6.3%
Earnings growth rate
6.3%
EPS growth rate
Professional Services earnings growth | 11.7% |
Revenue growth rate | 5.0% |
Future return on equity | 41.7% |
Analyst coverage | Good |
Last updated | 19 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
5/31/2027 | 6,160 | 2,031 | 2,195 | 2,387 | 9 |
5/31/2026 | 5,821 | 1,913 | 2,052 | 2,243 | 15 |
5/31/2025 | 5,521 | 1,802 | 1,894 | 2,081 | 15 |
8/31/2024 | 5,311 | 1,699 | 1,593 | 1,751 | N/A |
5/31/2024 | 5,278 | 1,690 | 1,736 | 1,898 | N/A |
2/29/2024 | 5,213 | 1,661 | 1,965 | 2,131 | N/A |
11/30/2023 | 5,155 | 1,630 | 1,872 | 2,028 | N/A |
8/31/2023 | 5,087 | 1,597 | 1,884 | 2,035 | N/A |
5/31/2023 | 5,007 | 1,557 | 1,563 | 1,706 | N/A |
2/28/2023 | 4,922 | 1,503 | 1,495 | 1,626 | N/A |
11/30/2022 | 4,817 | 1,467 | 1,535 | 1,670 | N/A |
8/31/2022 | 4,735 | 1,438 | 1,350 | 1,484 | N/A |
5/31/2022 | 4,612 | 1,393 | 1,456 | 1,590 | N/A |
2/28/2022 | 4,497 | 1,359 | 1,431 | 1,558 | N/A |
11/30/2021 | 4,332 | 1,279 | 1,260 | 1,385 | N/A |
8/31/2021 | 4,208 | 1,220 | 1,307 | 1,431 | N/A |
5/31/2021 | 4,057 | 1,098 | 1,142 | 1,260 | N/A |
2/28/2021 | 3,943 | 1,055 | 1,137 | 1,259 | N/A |
11/30/2020 | 3,974 | 1,059 | 1,185 | 1,307 | N/A |
8/31/2020 | 3,981 | 1,046 | 1,240 | 1,361 | N/A |
5/31/2020 | 4,041 | 1,098 | 1,314 | 1,441 | N/A |
2/29/2020 | 4,106 | 1,108 | 1,174 | 1,301 | N/A |
11/30/2019 | 4,034 | 1,078 | 1,216 | 1,339 | N/A |
8/31/2019 | 3,902 | 1,055 | 1,167 | 1,293 | N/A |
5/31/2019 | 3,773 | 1,034 | 1,148 | 1,272 | N/A |
2/28/2019 | 3,638 | 1,022 | 1,190 | 1,310 | N/A |
11/30/2018 | 3,504 | 1,064 | 1,135 | 1,254 | N/A |
8/31/2018 | 3,448 | 1,027 | 1,046 | 1,207 | N/A |
5/31/2018 | 3,378 | 994 | N/A | 1,276 | N/A |
2/28/2018 | 3,331 | 972 | N/A | 1,180 | N/A |
11/30/2017 | 3,190 | 807 | N/A | 1,066 | N/A |
8/31/2017 | 3,159 | 810 | N/A | 1,009 | N/A |
5/31/2017 | 3,153 | 826 | N/A | 960 | N/A |
2/28/2017 | 3,107 | 800 | N/A | 996 | N/A |
11/30/2016 | 3,063 | 778 | N/A | 1,012 | N/A |
8/31/2016 | 3,014 | 765 | N/A | 1,035 | N/A |
5/31/2016 | 2,952 | 757 | N/A | 1,018 | N/A |
2/29/2016 | 2,890 | 740 | N/A | 994 | N/A |
11/30/2015 | 2,842 | 729 | N/A | 910 | N/A |
8/31/2015 | 2,796 | 713 | N/A | 910 | N/A |
5/31/2015 | 2,740 | 675 | N/A | 895 | N/A |
2/28/2015 | 2,686 | 660 | N/A | 868 | N/A |
11/30/2014 | 2,633 | 650 | N/A | 885 | N/A |
8/31/2014 | 2,573 | 636 | N/A | 877 | N/A |
5/31/2014 | 2,519 | 628 | N/A | 881 | N/A |
2/28/2014 | 2,465 | 605 | N/A | 775 | N/A |
11/30/2013 | 2,408 | 590 | N/A | 750 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAYX's forecast earnings growth (6.3% per year) is above the savings rate (1.4%).
Earnings vs Market: PAYX's earnings (6.3% per year) are forecast to grow slower than the Austrian market (8.8% per year).
High Growth Earnings: PAYX's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAYX's revenue (5% per year) is forecast to grow faster than the Austrian market (0.8% per year).
High Growth Revenue: PAYX's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAYX's Return on Equity is forecast to be very high in 3 years time (41.7%).