PaychexKPI data tables
Paychex operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.
| Period | Average funds held for clients |
|---|---|
| FY 2026 | 5,768.2 |
| FY 2025 | 4,699.5 |
| FY 2024 | 4,462 |
| FY 2023 | 4,392.7 |
| FY 2022 | 4,354.8 |
| FY 2021 | 3,941.9 |
Source: Paychex Form 10-K MD&A, average investment balances for funds held for clients, years ended May 31. FY 2021 ($3,941.9 million) and FY 2022 ($4,354.8 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/payx-20220531.htm. FY 2023 ($4,392.7 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2024 ($4,462.0 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/payx-20240531.htm. FY 2025 ($4,699.5 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm. FY 2026 ($5,768.2 million) and average yield 3.5% versus 3.4% from https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm.
| Period | HR solutions worksite employees (ASO and PEO) |
|---|---|
| FY 2026 | 2,600,000 |
| FY 2025 | 2,460,000 |
| FY 2024 | 2,332,000 |
| FY 2023 | 2,168,000 |
| FY 2022 | 1,977,000 |
| FY 2021 | 1,680,000 |
Source: Paychex Form 10-K MD&A selected customer metrics table, Paychex HR solutions (ASO and PEO) worksite employees as of May 31. FY 2021 (1,680,000) and FY 2022 (1,977,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/payx-20220531.htm. FY 2023 (2,168,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2024 (2,332,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/payx-20240531.htm. FY 2025 (2,460,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm. FY 2026 (2,600,000) from https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm.
| Period | Interest on funds held for clients |
|---|---|
| FY 2026 | 210.9 |
| FY 2025 | 161.7 |
| FY 2024 | 146.3 |
| FY 2023 | 99.8 |
| FY 2022 | 57.7 |
| FY 2021 | 59.3 |
Source: Paychex Consolidated Statements of Income, Interest on funds held for clients. FY 2024 through FY 2026 from Form 10-K year ended May 31, 2026 (https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm): $210.9 million, $161.7 million, $146.3 million. FY 2023 ($99.8 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2021 ($59.3 million) and FY 2022 ($57.7 million) from the same FY 2023 10-K three-year income statement. Average yield 3.5% (FY 2026) and 3.4% (FY 2025) from the FY 2026 10-K funds held for clients table. FY 2026 earnings release confirms $210.9 million and $52.2 million for the fourth quarter (https://www.sec.gov/Archives/edgar/data/723531/000119312526280314/payx-ex99_1.htm).
| Period | Payroll and PEO clients |
|---|---|
| FY 2026 | 800,000 |
| FY 2025 | 800,000 |
| FY 2024 | 745,000 |
| FY 2023 | 740,000 |
| FY 2022 | 730,000 |
| FY 2021 | 710,000 |
Source: Paychex Form 10-K MD&A Business Outlook, payroll and PEO client base as of May 31. FY 2021 (710,000) and FY 2022 (greater than 730,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/payx-20220531.htm. FY 2023 (approximately 740,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2024 (greater than 745,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/payx-20240531.htm. FY 2025 (approximately 800,000, including Paycor) from https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm. FY 2026 payroll clients (approximately 800,000) and total customers (approximately 840,000) from https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm.
| Period | PEO direct insurance costs |
|---|---|
| FY 2026 | 563.2 |
| FY 2025 | 520.1 |
| FY 2024 | 471.3 |
| FY 2023 | 416.8 |
| FY 2022 | 405.2 |
| FY 2021 | 352.1 |
Source: Paychex Form 10-K MD&A total expenses table, PEO direct insurance costs (also labeled PEO insurance costs in earlier years). FY 2021 ($352.1 million) and FY 2022 ($405.2 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/payx-20220531.htm. FY 2023 ($416.8 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2024 ($471.3 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/payx-20240531.htm. FY 2025 ($520.1 million) from https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm. FY 2026 ($563.2 million) from https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm.
| Period | Retirement solutions plans |
|---|---|
| FY 2026 | 130,000 |
| FY 2025 | 124,000 |
| FY 2024 | 121,000 |
| FY 2023 | 113,000 |
| FY 2022 | 104,000 |
| FY 2021 | 96,000 |
Source: Paychex Form 10-K MD&A selected customer metrics table, retirement solutions plans (retirement services plans in earlier years) as of May 31. FY 2021 (96,000) and FY 2022 (104,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017022012734/payx-20220531.htm. FY 2023 (113,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017023032988/payx-20230531.htm. FY 2024 (121,000) from https://www.sec.gov/Archives/edgar/data/723531/000095017024082958/payx-20240531.htm. FY 2025 (124,000) and assets $55.7 billion from https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm. FY 2026 (130,000) and assets $66.0 billion from https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm.