Market cap
$35.2bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Ongoing investments in our platforms have equipped us well to meet current business demands and regulatory compliance, resulting in high levels of client satisfaction and retention. 19 Table of Contents First Quarter Business Highlights Highlights compared to the prior year period are as follows: (1) Adjusted operating income, adjusted net income, and adjusted diluted earnings per share are not U.S. generally accepted accounting principle ("GAAP") measures. RESULTS OF OPERATIONS Summary of Results of Operations: (1) Percentage changes are calculated based on unrounded numbers. …PAYCHEX INC, 10-Q, period ended 2026-08-31, filed 2026-09-24