19.9%$1.81
Strong Revenue Growth
PAYX achieved a 19.9% increase in revenue, reaching $1.81 billion, primarily driven by higher demand for its services.
来源: Source: 10-Q Income Statement, p.1
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AI核心结论
PAYX reported strong revenue growth of 19.9% in Q3 FY2026, driven by increased demand, but faced margin pressure due to rising SG&A expenses.
营业收入
$1.81B
同比 ++19.87%
每股收益（基本）
$1.56
同比 ++8.33%
营业利润
$792M
同比 ++14.48%
提交于 · 解读更新于 · 来源: SEC EDGAR 10-Q 原文
Paychex (PAYX) Q3 FY2026 营收 $1.81B，同比增长 19.9%。 净利润 $560.3M，同比增长 7.9%，稀释每股收益 $1.56。
PAYX achieved a 19.9% increase in revenue, reaching $1.81 billion, primarily driven by higher demand for its services.
来源: Source: 10-Q Income Statement, p.1
SG&A expenses rose by 36.3% to $585.7 million, impacting operating margins.
来源: Source: 10-Q Income Statement, p.1
Total assets increased by 56.1% while total liabilities grew by 90%, indicating significant balance sheet expansion.
来源: Source: 10-Q Balance Sheet, p.2
The company's debt to equity ratio is 3.36, indicating a high level of leverage which could pose risks if interest rates rise or cash flows decrease.
来源: Source: 10-Q Balance Sheet, p.2
Operating margin decreased by 2.1% due to increased SG&A expenses, which could affect profitability if costs continue to rise.
来源: Source: 10-Q Income Statement, p.1
Stockholders' equity declined by 2.5%, which could impact the company's ability to raise capital in the future.
来源: Source: 10-Q Balance Sheet, p.2
Q3 FY2026 实际 EPS $1.71，分析师一致预期 $1.71，超预期 +0.3%。
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营业收入 | $1.81B | $1.51B | +19.87% |
营业成本 | $431.2M | $387.4M | +11.31% |
营业利润 | $792M | $691.8M | +14.48% |
净利润 | $560.3M | $519.3M | +7.90% |
每股收益（基本） | $1.56 | $1.44 | +8.33% |
每股收益（稀释） | $1.56 | $1.43 | +9.09% |
销售及管理费用 | $585.7M | $429.8M | +36.27% |
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
总资产 | $17.51B | $11.22B | +56.05% |
流动资产 | $9.93B | $8.08B | +22.92% |
总负债 | $13.5B | $7.11B | +89.98% |
流动负债 | $7.88B | $5.8B | +35.85% |
股东权益 | $4.01B | $4.12B | -2.50% |
现金及等价物 | $1.74B | $1.56B | +11.43% |
长期债务 | $4.95B | — | — |
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
经营活动现金流YTD | $1.98B | $1.56B | +26.89% |
投资活动现金流YTD | $-925M | $-281.7M | -228.36% |
筹资活动现金流YTD | $-862.5M | $-779.1M | -10.70% |
股票回购YTD | $361.6M | $104.5M | +246.03% |
折旧及摊销YTD | $329.4M | $123.8M | +166.07% |
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营业利润率 | 43.8% | 45.8% | -2.06% |
净利率 | 31.0% | — | — |
净资产收益率 | 14.0% | — | — |
总资产收益率 | 3.2% | — | — |
流动比率 | $1.26 | — | — |
资产负债率 | $3.363 | — | — |
Human Resource & Employment Services 行业其他公司
The filing does not provide information on earnings estimates, but PAYX reported a 19.9% increase in revenue and an 8.3% increase in EPS.
Key takeaways include a 19.9% revenue growth, increased SG&A expenses impacting margins, and a significant rise in total liabilities by 90%.
PAYX faces risks from high debt levels, margin pressure due to rising expenses, and a decrease in stockholders' equity.
PAYX's revenue grew by 19.9% to $1.81 billion, driven by increased demand for its services.
PAYX shows strong revenue growth and increased operating cash flow, but faces challenges with high debt levels and margin pressure.