How many subsidiaries does PAYCHEX INC file with the SEC?

27, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Florida, Delaware, Utah. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is PAYCHEX INC financially healthy?

PAYCHEX INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of PAYCHEX INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), STATE STREET CORP (adding), GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

PAYCHEX INC (PAYX)

Nasdaq · Common Stock · Services-Engineering, Accounting, Research, Management

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

27 entities across 6 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-07-17 — see the exhibit.

Which other public companies file entities in the same places:

Florida9 Delaware8 New York7 Utah1 Denmark1 Germany1

Subsidiaries of PAYCHEX INC as disclosed in its SEC filing
Entity	Jurisdiction	Note
ACH Insurance, LLC	Florida
Alterna Capital Solutions, LLC	Florida
Advantage Payroll Services, Inc.	Delaware
ESG Insurance, LLC	Utah
Fast 401k, Inc. d/b/a ePlan Services	Delaware
Lessor A/S (DK)	Denmark
Oasis Advisory Services, LLC	Florida
Oasis HR Solutions III, LLC	Florida
Oasis Outsourcing Acquisition Corporation	Delaware
Oasis Outsourcing Holdings, Inc.	Florida

Financial health

Two standard screens, computed from the XBRL in FY2026 against FY2025. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 8

PASSReturn on assets positiveROA 10.9%
PASSOperating cash flow positiveOCF 2.6B
PASSReturn on assets improving10.0% → 10.9%
PASSCash flow exceeds earningsOCF 2.6B vs NI 1.8B
FAILLong-term debt ratio falling27.5% → 28.2% of assets
FAILCurrent ratio improving1.28 → 1.26
PASSNo share dilution362M → 360M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.34× → 0.40×

Altman Z-score

2.99grey

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$4.1B	—	$1.1B	—	362,100,000
FY2022	$4.6B	$1.4B	$1.4B	—	363,100,000
FY2023	$5.0B	$1.6B	$1.6B	—	362,300,000
FY2024	$5.3B	$1.7B	$1.7B	—	362,100,000
FY2025	$5.6B	$1.7B	$1.7B	—	362,000,000
FY2026

Ownership flow

15 institutions tracked — 10 added, 4 reduced, 1 opened a new position, 1 sold out. Active managers added 2,735,579 shares while index money cut 320,059.

Institutional holders of PAYCHEX INC and their share-count change
Manager	Kind	Shares	Change	Value
MORGAN STANLEY	Active fund	6,540,823	+1,242,795	$643.2M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	2,040,389	+1,127,817	$200.6M
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	218,501	−947,700	$21.5M
BlackRock, Inc.	Index	27,753,178

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q3: $1.19
2026Q1: $1.08
2025Q4: $1.08
2025Q3: $1.08
2025Q1: $0.98
2024Q4: $0.98

Shares repurchased

2026Q3: $0
2025Q3: $160.1M
2024Q3: $104.0M
2020Q3: $28.8M
2019Q3: $171.9M
2018Q3: $32.8M

Identity

CIK: 0000723531
LEI: 529900K900DW6SUBM174
FIGI: BBG000BQSQ38
SIC: 8700 · Services-Engineering, Accounting, Research, Management
Incorporated: DE
Headquarters: ROCHESTER, NY

Ownership

Institutional: 85.8%
Institutions: 1,990
Insiders: 10.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Related companies

Companies filing in the same SEC industry group.

FORRESTER RESEARCH, INC.FORR AECOMACM Mistras Group, Inc.MG TETRA TECH INCTTEK VSE CORPVSEC CHARLES RIVER LABORATORIES INTERNATIONAL, INC.CRL

Questions about PAYCHEX INC

How many subsidiaries does PAYCHEX INC file with the SEC?: 27, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Florida, Delaware, Utah. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is PAYCHEX INC financially healthy?: PAYCHEX INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of PAYCHEX INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), STATE STREET CORP (adding), GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.