25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

PAYX (Paychex) Stock Analysis
Buy, Hold or Sell?

Let's analyze Paychex together

I guess you are interested in Paychex Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Paychex’s Financial Insights
  • 📈 Technical Analysis (TA) – Paychex’s Price Targets

I'm going to help you getting a better view of Paychex Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Paychex Inc

I send you an email if I find something interesting about Paychex Inc.

1. Quick Overview

1.1. Quick analysis of Paychex (30 sec.)










1.2. What can you expect buying and holding a share of Paychex? (30 sec.)

How much money do you get?

How much money do you get?
$3.83
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$11.37
Expected worth in 1 year
$12.68
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
$5.14
Return On Investment
3.5%

For what price can you sell your share?

Current Price per Share
$147.13
Expected price per share
$134.64 - $161.24
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Paychex (5 min.)




Live pricePrice per Share (EOD)
$147.13
Intrinsic Value Per Share
$38.38 - $59.02
Total Value Per Share
$49.76 - $70.39

2.2. Growth of Paychex (5 min.)




Is Paychex growing?

Current yearPrevious yearGrowGrow %
How rich?$4.1b$3.5b$353m9.1%

How much money is Paychex making?

Current yearPrevious yearGrowGrow %
Making money$447.7m$387.4m$60.2m13.5%
Net Profit Margin32.4%30.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Paychex (5 min.)




3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Paychex?

Welcome investor! Paychex's management wants to use your money to grow the business. In return you get a share of Paychex.

First you should know what it really means to hold a share of Paychex. And how you can make/lose money.

Speculation

The Price per Share of Paychex is $147.13. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Paychex.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Paychex, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $11.37. Based on the TTM, the Book Value Change Per Share is $0.33 per quarter. Based on the YOY, the Book Value Change Per Share is $0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.96 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Paychex.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps1.431.0%1.240.8%1.070.7%1.130.8%1.010.7%0.820.6%
Usd Book Value Change Per Share0.520.4%0.330.2%0.120.1%0.190.1%0.200.1%0.160.1%
Usd Dividend Per Share0.980.7%0.960.7%0.890.6%0.880.6%0.780.5%0.640.4%
Usd Total Gains Per Share1.501.0%1.290.9%1.000.7%1.080.7%0.980.7%0.800.5%
Usd Price Per Share151.67-134.38-116.38-125.22-112.71-89.77-
Price to Earnings Ratio26.43-27.41-27.23-28.23-28.52-27.47-
Price-to-Total Gains Ratio101.35-106.22-122.41-147.41-134.63-725.29-
Price to Book Ratio13.34-12.48-11.92-12.73-12.29-11.70-
Price-to-Total Gains Ratio101.35-106.22-122.41-147.41-134.63-725.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share147.13
Number of shares6
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.960.78
Usd Book Value Change Per Share0.330.20
Usd Total Gains Per Share1.290.98
Gains per Quarter (6 shares)7.715.87
Gains per Year (6 shares)30.8523.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12382119513
2461652371036
3692483561559
49231114751982
5115391459324105
61384717611229128
71615520713034151
81846323814939174
92077126916844197
102307930018649220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share5.00.00.0100.0%12.00.00.0100.0%21.00.00.0100.0%40.00.00.0100.0%143.00.00.0100.0%
Book Value Change Per Share5.00.00.0100.0%10.02.00.083.3%17.04.00.081.0%31.09.00.077.5%128.015.00.089.5%
Dividend per Share5.00.00.0100.0%12.00.00.0100.0%21.00.00.0100.0%40.00.00.0100.0%141.00.02.098.6%
Total Gains per Share5.00.00.0100.0%12.00.00.0100.0%21.00.00.0100.0%40.00.00.0100.0%141.02.00.098.6%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Paychex Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.5210.328+59%0.115+352%0.194+169%0.202+158%0.156+234%
Book Value Per Share--11.37210.745+6%9.755+17%9.865+15%9.131+25%7.554+51%
Current Ratio--1.3931.353+3%1.255+11%1.304+7%1.281+9%1.208+15%
Debt To Asset Ratio--0.6330.648-2%0.694-9%0.666-5%0.672-6%0.689-8%
Debt To Equity Ratio--1.7261.869-8%2.280-24%2.017-14%2.067-16%2.254-23%
Dividend Per Share--0.9750.958+2%0.886+10%0.882+11%0.776+26%0.643+52%
Enterprise Value--49400540000.00042894469600.000+15%35672640000.000+38%39636092666.667+25%35296043476.191+40%27388137850.000+80%
Eps--1.4351.237+16%1.069+34%1.128+27%1.009+42%0.821+75%
Ev To Ebitda Ratio--16.43417.066-4%16.4550%17.306-5%16.819-2%15.103+9%
Ev To Sales Ratio--8.1847.808+5%7.085+16%7.658+7%7.337+12%6.475+26%
Free Cash Flow Per Share--1.8431.231+50%1.185+56%1.161+59%1.061+74%0.885+108%
Free Cash Flow To Equity Per Share--1.836-0.530+129%1.219+51%0.169+988%0.294+524%0.166+1006%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--59.020----------
Intrinsic Value_10Y_min--38.385----------
Intrinsic Value_1Y_max--4.835----------
Intrinsic Value_1Y_min--3.615----------
Intrinsic Value_3Y_max--15.349----------
Intrinsic Value_3Y_min--11.127----------
Intrinsic Value_5Y_max--26.856----------
Intrinsic Value_5Y_min--18.871----------
Market Cap52994903007.040-4%54904540000.00048626369600.000+13%42175506666.667+30%45356517666.667+21%40831910142.857+34%32513965350.000+69%
Net Profit Margin--0.3440.324+6%0.308+12%0.313+10%0.301+14%0.284+21%
Operating Margin--0.4690.429+10%0.396+19%0.411+14%0.399+18%0.389+21%
Operating Ratio--0.5420.579-6%0.604-10%0.593-9%0.605-10%0.613-12%
Pb Ratio12.938-3%13.33712.485+7%11.925+12%12.734+5%12.293+8%11.697+14%
Pe Ratio25.641-3%26.43227.411-4%27.229-3%28.227-6%28.516-7%27.472-4%
Price Per Share147.130-3%151.670134.384+13%116.377+30%125.221+21%112.713+35%89.772+69%
Price To Free Cash Flow Ratio19.954-3%20.57035.322-42%26.666-23%31.637-35%31.842-35%30.049-32%
Price To Total Gains Ratio98.317-3%101.350106.219-5%122.412-17%147.412-31%134.632-25%725.295-86%
Quick Ratio--0.6040.566+7%0.487+24%0.553+9%0.510+18%0.387+56%
Return On Assets--0.0460.040+15%0.033+39%0.038+22%0.036+29%0.033+38%
Return On Equity--0.1260.115+10%0.110+15%0.114+10%0.110+15%0.108+17%
Total Gains Per Share--1.4961.285+16%1.001+50%1.076+39%0.978+53%0.799+87%
Usd Book Value--4116600000.0003888160000.000+6%3535133333.333+16%3572933333.333+15%3307542857.143+24%2735872500.000+50%
Usd Book Value Change Per Share--0.5210.328+59%0.115+352%0.194+169%0.202+158%0.156+234%
Usd Book Value Per Share--11.37210.745+6%9.755+17%9.865+15%9.131+25%7.554+51%
Usd Dividend Per Share--0.9750.958+2%0.886+10%0.882+11%0.776+26%0.643+52%
Usd Enterprise Value--49400540000.00042894469600.000+15%35672640000.000+38%39636092666.667+25%35296043476.191+40%27388137850.000+80%
Usd Eps--1.4351.237+16%1.069+34%1.128+27%1.009+42%0.821+75%
Usd Free Cash Flow--667300000.000445520000.000+50%429400000.000+55%420550000.000+59%384309523.810+74%320537500.000+108%
Usd Free Cash Flow Per Share--1.8431.231+50%1.185+56%1.161+59%1.061+74%0.885+108%
Usd Free Cash Flow To Equity Per Share--1.836-0.530+129%1.219+51%0.169+988%0.294+524%0.166+1006%
Usd Market Cap52994903007.040-4%54904540000.00048626369600.000+13%42175506666.667+30%45356517666.667+21%40831910142.857+34%32513965350.000+69%
Usd Price Per Share147.130-3%151.670134.384+13%116.377+30%125.221+21%112.713+35%89.772+69%
Usd Profit--519300000.000447720000.000+16%387433333.333+34%408683333.333+27%365395238.095+42%297490000.000+75%
Usd Revenue--1509000000.0001375760000.000+10%1257833333.333+20%1297841666.667+16%1197909523.810+26%1027190000.000+47%
Usd Total Gains Per Share--1.4961.285+16%1.001+50%1.076+39%0.978+53%0.799+87%
 EOD+4 -4MRQTTM+35 -4YOY+35 -43Y+35 -45Y+35 -410Y+36 -3

3.3 Fundamental Score

Let's check the fundamental score of Paychex Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.641
Price to Book Ratio (EOD)Between0-112.938
Net Profit Margin (MRQ)Greater than00.344
Operating Margin (MRQ)Greater than00.469
Quick Ratio (MRQ)Greater than10.604
Current Ratio (MRQ)Greater than11.393
Debt to Asset Ratio (MRQ)Less than10.633
Debt to Equity Ratio (MRQ)Less than11.726
Return on Equity (MRQ)Greater than0.150.126
Return on Assets (MRQ)Greater than0.050.046
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Paychex Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.776
Ma 20Greater thanMa 50150.506
Ma 50Greater thanMa 100151.655
Ma 100Greater thanMa 200149.814
OpenGreater thanClose146.300
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Paychex Inc

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including integrated HCM technology solutions and HR advisory services through both virtual and on-site availability of a professionally trained HR representative, as well as HR support to non-payroll clients through its HR Partner Plus solution; and retirement services administration, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

Fundamental data was last updated by Penke on 2025-06-20 11:12:07.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Paychex earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Paychex to the Software - Application industry mean.
  • A Net Profit Margin of 34.4% means that $0.34 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Paychex Inc:

  • The MRQ is 34.4%. The company is making a huge profit. +2
  • The TTM is 32.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.4%TTM32.4%+2.0%
TTM32.4%YOY30.8%+1.7%
TTM32.4%5Y30.1%+2.3%
5Y30.1%10Y28.4%+1.8%
4.3.1.2. Return on Assets

Shows how efficient Paychex is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Paychex to the Software - Application industry mean.
  • 4.6% Return on Assets means that Paychex generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Paychex Inc:

  • The MRQ is 4.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.0%+0.6%
TTM4.0%YOY3.3%+0.7%
TTM4.0%5Y3.6%+0.4%
5Y3.6%10Y3.3%+0.2%
4.3.1.3. Return on Equity

Shows how efficient Paychex is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Paychex to the Software - Application industry mean.
  • 12.6% Return on Equity means Paychex generated $0.13 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Paychex Inc:

  • The MRQ is 12.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.6%TTM11.5%+1.1%
TTM11.5%YOY11.0%+0.6%
TTM11.5%5Y11.0%+0.5%
5Y11.0%10Y10.8%+0.2%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Paychex Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Paychex is operating .

  • Measures how much profit Paychex makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Paychex to the Software - Application industry mean.
  • An Operating Margin of 46.9% means the company generated $0.47  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Paychex Inc:

  • The MRQ is 46.9%. The company is operating very efficient. +2
  • The TTM is 42.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ46.9%TTM42.9%+4.1%
TTM42.9%YOY39.6%+3.3%
TTM42.9%5Y39.9%+2.9%
5Y39.9%10Y38.9%+1.0%
4.3.2.2. Operating Ratio

Measures how efficient Paychex is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 0.54 means that the operating costs are $0.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Paychex Inc:

  • The MRQ is 0.542. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.579. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.542TTM0.579-0.037
TTM0.579YOY0.604-0.025
TTM0.5795Y0.605-0.026
5Y0.60510Y0.613-0.009
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Paychex Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Paychex is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 1.39 means the company has $1.39 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Paychex Inc:

  • The MRQ is 1.393. The company is just able to pay all its short-term debts.
  • The TTM is 1.353. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.393TTM1.353+0.039
TTM1.353YOY1.255+0.098
TTM1.3535Y1.281+0.072
5Y1.28110Y1.208+0.073
4.4.3.2. Quick Ratio

Measures if Paychex is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Paychex to the Software - Application industry mean.
  • A Quick Ratio of 0.60 means the company can pay off $0.60 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Paychex Inc:

  • The MRQ is 0.604. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.566. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.604TTM0.566+0.038
TTM0.566YOY0.487+0.079
TTM0.5665Y0.510+0.056
5Y0.51010Y0.387+0.123
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Paychex Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Paychex assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Paychex to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.63 means that Paychex assets are financed with 63.3% credit (debt) and the remaining percentage (100% - 63.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Paychex Inc:

  • The MRQ is 0.633. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.648. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.633TTM0.648-0.015
TTM0.648YOY0.694-0.046
TTM0.6485Y0.672-0.024
5Y0.67210Y0.689-0.017
4.5.4.2. Debt to Equity Ratio

Measures if Paychex is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Paychex to the Software - Application industry mean.
  • A Debt to Equity ratio of 172.6% means that company has $1.73 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Paychex Inc:

  • The MRQ is 1.726. The company is just able to pay all its debts with equity.
  • The TTM is 1.869. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.726TTM1.869-0.143
TTM1.869YOY2.280-0.410
TTM1.8695Y2.067-0.197
5Y2.06710Y2.254-0.187
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Paychex generates.

  • Above 15 is considered overpriced but always compare Paychex to the Software - Application industry mean.
  • A PE ratio of 26.43 means the investor is paying $26.43 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Paychex Inc:

  • The EOD is 25.641. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.432. Based on the earnings, the company is overpriced. -1
  • The TTM is 27.411. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD25.641MRQ26.432-0.791
MRQ26.432TTM27.411-0.979
TTM27.411YOY27.229+0.182
TTM27.4115Y28.516-1.105
5Y28.51610Y27.472+1.044
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Paychex Inc:

  • The EOD is 19.954. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.570. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 35.322. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.954MRQ20.570-0.616
MRQ20.570TTM35.322-14.752
TTM35.322YOY26.666+8.656
TTM35.3225Y31.842+3.479
5Y31.84210Y30.049+1.793
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Paychex is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 13.34 means the investor is paying $13.34 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Paychex Inc:

  • The EOD is 12.938. Based on the equity, the company is expensive. -2
  • The MRQ is 13.337. Based on the equity, the company is expensive. -2
  • The TTM is 12.485. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD12.938MRQ13.337-0.399
MRQ13.337TTM12.485+0.853
TTM12.485YOY11.925+0.560
TTM12.4855Y12.293+0.191
5Y12.29310Y11.697+0.596
4.6.2. Total Gains per Share

2.4. Latest News of Paychex Inc

Does Paychex Inc still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Paychex Inc to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-07-01
22:04
PAYX Quantitative Stock AnalysisRead
2025-07-01
18:00
AuditBoard Appoints Raul Villar Jr. as Chief Executive OfficerRead
2025-06-29
21:05
Weekly gainers & losers in tech sector: Arista Networks leads, Palantir ends in redRead
2025-06-28
18:20
Jim Cramer Expresses Shock Over Paychex Stock’s 9% DeclineRead
2025-06-26
20:05
Paychex (PAYX) Slashes 9.4% on Dismal EarningsRead
2025-06-26
00:23
Stocks Finish Mixed as Chip Stock Strength Pushes Nasdaq to a Record HighRead
2025-06-25
22:50
Wall Street Mixed as Traders Parse Powell's Remarks; Nvidia Hits Record HighRead
2025-06-25
22:41
Stocks Finish Mixed as Chip Stock Strength Pushes Nasdaq to a Record HighRead
2025-06-25
22:34
Equity Markets Close Mixed as Fed Chair Hints at Tariff-Driven InflationRead
2025-06-25
22:11
US Equities Markets Mixed Wednesday as Nasdaq, S&P 500 Trade Near Record HighsRead

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Paychex Inc.

4.8.1. Institutions holding Paychex Inc

Institutions are holding 81.614% of the shares of Paychex Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31Vanguard Group Inc8.83080.0887318078432868180.9099
2025-03-31BlackRock Inc7.53220.0879271303813312021.2359
2025-03-31Capital Research & Mgmt Co - Division 37.12390.778225659515-1245516-4.6293
2025-03-31State Street Corp3.80650.087213710773985080.7237
2025-03-31Charles Schwab Investment Management Inc2.99350.3118107821737375427.3426
2025-03-31Geode Capital Management, LLC2.7510.120399089243678903.8559
2024-12-31Wells Fargo & Co2.60410.29669379731-195724-2.044
2025-03-31Bank of New York Mellon Corp2.51830.27729070548-394532-4.1683
2025-03-31Morgan Stanley - Brokerage Accounts1.65910.06595976037-1531198-20.3963
2025-03-31Bank of America Corp1.63120.073258753595050269.404
2025-03-31Northern Trust Corp1.38520.114349891821816283.778
2025-03-31Amvescap Plc.1.14810.12094135296306700.7472
2025-03-31Select Equity Group LP0.97012.32623494312173837298.9995
2025-03-31UBS Asset Mgmt Americas Inc0.92350.131433265291957486.2524
2024-12-31UBS Group AG0.880.08213169816124308264.5176
2025-03-31Goldman Sachs Group Inc0.7890.07128418491299104.7903
2025-03-31Dimensional Fund Advisors, Inc.0.77340.106827857031025623.8225
2025-03-31Legal & General Group PLC0.70540.1067254083772190.2849
2025-03-31Ameriprise Financial Inc0.62820.094522628461189225.5469
2025-03-31Envestnet Asset Management Inc0.56980.10212052210-247087-10.7462
Total 50.22335.443180899864+2461042+1.4%

4.9.2. Funds holding Paychex Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-04-30Vanguard Total Stock Mkt Idx Inv2.8860.089103949511468651.4331
2025-05-31Schwab US Dividend Equity ETF™2.54082.1187915173063000.0689
2025-04-30Vanguard Institutional 500 Index Trust2.5130.099890516371452051.6303
2025-03-31Capital Group Wash Mutual Invtrs Comp2.41560.71948700909-17412-0.1997
2025-03-31American Funds Washington Mutual A2.41560.71948700909-17412-0.1997
2025-05-30Invesco QQQ Trust2.06990.3537455700-16849-0.2255
2025-03-31American Funds American Mutual A1.16520.6334196815-1589479-27.4697
2025-03-31Capital Group American Mutual Comp1.16520.6334196815-1589479-27.4697
2025-04-30Fidelity 500 Index1.11760.0997402542249710.1236
2025-05-31SPDR® S&P 500® ETF1.06480.10093835351-17108-0.4441
2025-05-31iShares Core S&P 500 ETF1.03040.1007371152400
2025-04-30Vanguard Growth Index Investor1.02070.20093676498340230.9341
2025-03-31American Funds Capital Income Bldr A0.80420.40862896805-202988-6.5484
2025-03-31American Funds American Balanced A0.78330.1864282125200
2025-03-31Capital Group Investment Co of Amer Comp0.75390.2842715508-4587-0.1686
2025-03-31American Funds Invmt Co of Amer A0.75390.2842715508-4587-0.1686
2025-03-31Capital Group Fundamental Invtrs Comp0.65890.27252373342-6504-0.2733
2025-03-31American Funds Fundamental Invs A0.65890.27252373342-6504-0.2733
2025-04-30Vanguard Institutional Index I0.54620.09981967284-5151-0.2611
2025-04-30Vanguard Dividend Appreciation ETF0.47560.24761712908190861.1268
Total 26.83977.922996674210-3121610-3.2%

5.3. Insider Transactions

Insiders are holding 10.632% of the shares of Paychex Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2025-04-15Joseph M VelliSELL3650149.25
2024-10-15Robert L SchraderSELL13015142.35
2024-10-09Michael E GiojaSELL26428139.03
2024-10-04Michael E GiojaSELL14731139.18
2024-08-05David J S FlaschenSELL14434125.21
2024-07-26David J S FlaschenSELL9615125.6
2024-07-24Mark Anthony BottiniSELL8954123.6
2024-07-15John B GibsonSELL12670119.53
2024-07-01Martin MucciSELL101490117.27
3rd party ad coffee SUPPORTERis ad-free.

5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2024-02-292024-05-312024-08-312024-11-302025-02-28
Net Interest Income  9,4002,70012,100-1,80010,300-4,0006,300-12,300-6,000
Total Other Income Expense Net 9,40060010,00040010,400-4,8005,600-11,600-6,000



5.2. Latest Balance Sheet

Balance Sheet of 2025-02-28. Currency in USD. All numbers in thousands.

Summary
Total Assets11,221,600
Total Liabilities7,105,000
Total Stockholder Equity4,116,600
 As reported
Total Liabilities 7,105,000
Total Stockholder Equity+ 4,116,600
Total Assets = 11,221,600

Assets

Total Assets11,221,600
Total Current Assets8,077,000
Long-term Assets3,144,600
Total Current Assets
Cash And Cash Equivalents 1,563,800
Short-term Investments 37,200
Net Receivables 1,865,300
Other Current Assets 4,592,400
Total Current Assets  (as reported)8,077,000
Total Current Assets  (calculated)8,058,700
+/- 18,300
Long-term Assets
Property Plant Equipment 499,400
Goodwill 1,877,800
Intangible Assets 175,600
Long-term Assets Other 591,800
Long-term Assets  (as reported)3,144,600
Long-term Assets  (calculated)3,144,600
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,799,700
Long-term Liabilities1,305,300
Total Stockholder Equity4,116,600
Total Current Liabilities
Short-term Debt 17,600
Short Long Term Debt 17,600
Accounts payable 118,700
Other Current Liabilities 5,593,400
Total Current Liabilities  (as reported)5,799,700
Total Current Liabilities  (calculated)5,747,300
+/- 52,400
Long-term Liabilities
Long term Debt 799,000
Capital Lease Obligations 47,100
Long-term Liabilities Other 248,000
Long-term Liabilities  (as reported)1,305,300
Long-term Liabilities  (calculated)1,094,100
+/- 211,200
Total Stockholder Equity
Common Stock3,600
Retained Earnings 2,387,800
Accumulated Other Comprehensive Income -89,600
Other Stockholders Equity 1,814,800
Total Stockholder Equity (as reported)4,116,600
Total Stockholder Equity (calculated)4,116,600
+/-0
Other
Capital Stock3,600
Cash and Short Term Investments 1,601,000
Common Stock Shares Outstanding 362,000
Current Deferred Revenue51,700
Liabilities and Stockholders Equity 11,221,600
Net Debt -700,100
Net Invested Capital 4,933,200
Net Working Capital 2,277,300
Property Plant and Equipment Gross 499,400
Short Long Term Debt Total 863,700



5.3. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2025-02-282024-11-302024-08-312024-05-312024-02-292023-11-302023-08-312023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-312019-05-312019-02-282018-11-302018-08-312018-05-312018-02-282017-11-302017-08-312017-05-312017-02-282016-11-302016-08-312016-05-312016-02-292015-11-302015-08-312015-05-312015-02-282014-11-302014-08-312014-05-312014-02-282013-11-302013-08-312013-05-312013-02-282012-11-302012-08-312012-05-312012-02-292011-11-302011-08-312011-05-312011-02-282010-11-302010-08-312010-05-312010-02-282009-11-302009-08-312009-05-312009-02-282008-11-302008-08-312008-05-312008-02-292007-11-302007-08-312007-05-312007-02-282006-11-302006-08-312006-05-312006-02-282005-11-302005-08-312005-05-312005-02-282004-11-302004-08-312004-05-312004-02-292003-11-302003-08-312003-05-312003-02-282002-11-302002-08-312002-05-312002-02-282001-11-302001-08-312001-05-312001-02-282000-11-302000-08-312000-05-312000-02-291999-11-301999-08-311999-05-311999-02-281998-11-301998-08-311998-05-311998-02-281997-11-301997-08-311997-05-311997-02-281996-11-301996-08-311996-05-311996-02-291995-11-301995-08-311995-05-311995-02-281994-11-301994-08-311994-05-311994-02-281993-11-301993-08-311993-05-311993-02-281992-11-301992-08-311992-05-311992-02-291991-11-301991-08-311991-05-311991-02-281990-11-301990-08-311990-05-311990-02-281989-11-301989-08-311989-05-311989-02-281988-11-301988-08-311988-05-311988-02-291987-11-301987-08-311987-05-311987-02-281986-11-301986-08-311986-05-311986-02-281985-11-301985-08-31
> Total Assets 
0
0
0
26,500
0
0
0
32,600
0
0
0
42,500
0
0
0
54,800
56,300
58,400
60,000
62,100
64,600
66,200
68,900
70,400
73,400
79,200
81,500
86,200
90,600
94,700
103,000
106,900
113,900
115,200
128,000
129,800
144,300
148,400
158,800
168,400
186,000
198,400
216,100
220,200
250,600
263,300
294,000
1,201,300
1,244,300
1,312,100
1,733,100
1,549,800
1,531,000
1,570,200
1,960,300
1,873,100
1,967,900
2,027,400
2,469,600
2,455,577
2,510,902
2,603,829
2,671,131
2,907,196
2,792,249
2,772,540
3,275,035
2,953,075
3,069,137
3,317,018
3,675,174
3,690,783
3,612,336
3,660,508
4,275,062
3,950,203
3,938,755
4,035,097
4,629,165
4,379,116
4,095,842
4,120,028
5,719,595
5,549,302
5,864,740
5,871,239
5,771,814
6,246,519
5,557,937
5,026,355
5,872,015
5,309,791
5,229,610
5,111,860
5,775,468
5,127,415
4,707,743
4,657,132
5,788,031
5,226,299
5,039,000
5,022,700
5,962,800
5,393,800
4,991,500
4,932,000
6,094,900
6,479,600
5,710,900
5,724,200
7,507,500
6,163,700
6,031,200
6,019,400
7,069,400
6,370,100
6,286,600
6,274,500
7,344,200
6,482,500
5,983,000
6,016,800
7,067,500
6,440,800
6,096,900
5,776,100
7,310,300
6,833,700
7,619,500
7,684,600
6,842,800
7,463,700
7,050,000
7,002,400
10,363,000
8,682,500
8,638,200
8,701,700
9,466,900
8,550,700
8,376,900
8,615,400
9,665,900
9,227,200
9,367,300
9,688,100
10,283,700
9,635,200
9,125,900
9,214,300
10,603,600
10,546,400
12,200,000
12,052,100
13,023,900
10,383,100
10,489,100
10,554,700
11,221,600
11,221,60010,554,70010,489,10010,383,10013,023,90012,052,10012,200,00010,546,40010,603,6009,214,3009,125,9009,635,20010,283,7009,688,1009,367,3009,227,2009,665,9008,615,4008,376,9008,550,7009,466,9008,701,7008,638,2008,682,50010,363,0007,002,4007,050,0007,463,7006,842,8007,684,6007,619,5006,833,7007,310,3005,776,1006,096,9006,440,8007,067,5006,016,8005,983,0006,482,5007,344,2006,274,5006,286,6006,370,1007,069,4006,019,4006,031,2006,163,7007,507,5005,724,2005,710,9006,479,6006,094,9004,932,0004,991,5005,393,8005,962,8005,022,7005,039,0005,226,2995,788,0314,657,1324,707,7435,127,4155,775,4685,111,8605,229,6105,309,7915,872,0155,026,3555,557,9376,246,5195,771,8145,871,2395,864,7405,549,3025,719,5954,120,0284,095,8424,379,1164,629,1654,035,0973,938,7553,950,2034,275,0623,660,5083,612,3363,690,7833,675,1743,317,0183,069,1372,953,0753,275,0352,772,5402,792,2492,907,1962,671,1312,603,8292,510,9022,455,5772,469,6002,027,4001,967,9001,873,1001,960,3001,570,2001,531,0001,549,8001,733,1001,312,1001,244,3001,201,300294,000263,300250,600220,200216,100198,400186,000168,400158,800148,400144,300129,800128,000115,200113,900106,900103,00094,70090,60086,20081,50079,20073,40070,40068,90066,20064,60062,10060,00058,40056,30054,80000042,50000032,60000026,500000
   > Total Current Assets 
0
0
0
12,600
0
0
0
16,700
0
0
0
23,300
0
0
0
32,500
33,000
32,400
31,900
31,400
31,100
29,900
29,900
29,700
32,300
34,200
36,900
41,600
47,300
50,900
59,100
64,200
70,700
72,800
84,600
87,000
101,200
105,100
114,700
124,200
137,200
142,100
161,000
165,300
193,700
203,600
233,700
1,140,700
1,181,900
1,245,900
1,663,400
1,478,800
1,461,100
1,494,600
1,878,300
1,793,100
1,889,400
1,942,100
2,379,000
2,362,575
2,416,332
2,505,069
2,564,742
2,791,273
2,676,899
2,647,440
3,149,088
2,814,574
928,666
626,493
3,204,435
3,032,642
2,956,641
2,998,451
3,616,734
3,280,447
815,475
3,370,041
3,965,113
3,689,070
3,401,229
3,422,281
5,020,201
4,444,301
4,711,249
4,586,017
4,443,641
4,861,319
4,259,861
4,229,604
5,048,274
4,465,911
4,375,400
4,220,354
4,872,887
4,239,826
3,603,869
3,562,206
4,716,531
4,159,117
3,999,900
4,013,900
4,864,800
4,257,900
3,833,400
3,740,000
4,872,200
5,075,900
4,300,400
4,268,800
6,319,600
4,832,600
4,698,300
4,663,800
5,719,300
5,011,400
4,872,000
4,859,900
5,957,400
5,103,200
4,588,200
4,602,500
5,503,600
4,863,600
4,521,000
4,215,700
5,751,800
5,272,000
5,973,500
5,993,000
5,048,700
5,784,400
5,076,200
5,290,000
7,292,000
5,676,200
5,555,900
5,627,900
6,389,400
5,464,600
5,340,200
5,592,400
6,622,200
6,169,500
6,317,300
6,632,400
7,237,300
6,581,600
6,085,400
6,198,200
7,595,200
7,528,100
9,088,500
8,923,700
9,886,400
7,251,500
7,361,400
7,429,600
8,077,000
8,077,0007,429,6007,361,4007,251,5009,886,4008,923,7009,088,5007,528,1007,595,2006,198,2006,085,4006,581,6007,237,3006,632,4006,317,3006,169,5006,622,2005,592,4005,340,2005,464,6006,389,4005,627,9005,555,9005,676,2007,292,0005,290,0005,076,2005,784,4005,048,7005,993,0005,973,5005,272,0005,751,8004,215,7004,521,0004,863,6005,503,6004,602,5004,588,2005,103,2005,957,4004,859,9004,872,0005,011,4005,719,3004,663,8004,698,3004,832,6006,319,6004,268,8004,300,4005,075,9004,872,2003,740,0003,833,4004,257,9004,864,8004,013,9003,999,9004,159,1174,716,5313,562,2063,603,8694,239,8264,872,8874,220,3544,375,4004,465,9115,048,2744,229,6044,259,8614,861,3194,443,6414,586,0174,711,2494,444,3015,020,2013,422,2813,401,2293,689,0703,965,1133,370,041815,4753,280,4473,616,7342,998,4512,956,6413,032,6423,204,435626,493928,6662,814,5743,149,0882,647,4402,676,8992,791,2732,564,7422,505,0692,416,3322,362,5752,379,0001,942,1001,889,4001,793,1001,878,3001,494,6001,461,1001,478,8001,663,4001,245,9001,181,9001,140,700233,700203,600193,700165,300161,000142,100137,200124,200114,700105,100101,20087,00084,60072,80070,70064,20059,10050,90047,30041,60036,90034,20032,30029,70029,90029,90031,10031,40031,90032,40033,00032,50000023,30000016,70000012,600000
       Cash And Cash Equivalents 
0
0
0
200
0
0
0
1,200
0
0
0
2,500
0
0
0
1,900
500
200
500
500
200
500
500
500
4,800
4,600
6,300
5,200
7,600
6,100
15,400
5,000
9,200
4,200
21,000
14,600
10,900
12,000
28,000
12,900
11,500
8,900
21,500
15,400
18,900
19,600
47,100
50,200
53,300
52,100
19,100
35,600
49,500
29,400
54,600
52,700
69,200
23,800
64,800
47,136
48,003
32,561
106,796
45,784
59,325
96,290
159,595
61,897
141,622
98,516
169,603
79,871
131,819
134,238
208,621
219,492
213,133
231,907
279,112
280,944
337,321
315,816
135,718
137,423
343,911
129,269
80,921
79,353
110,614
52,926
159,790
164,237
61,582
330,633
428,407
472,769
315,323
225,304
279,261
284,316
272,900
233,200
236,000
119,000
113,100
96,100
146,500
108,800
149,000
122,600
100,400
107,300
111,600
213,000
271,300
152,500
462,600
140,400
265,300
170,000
455,900
412,300
253,100
131,500
130,000
165,000
189,900
184,600
234,400
257,200
323,900
358,200
440,100
510,600
696,400
692,200
586,400
600,600
780,000
905,200
835,700
693,500
787,000
995,200
1,102,000
636,200
267,500
370,000
1,184,200
1,096,500
1,316,900
1,222,000
1,645,900
1,363,100
1,693,600
1,468,900
1,459,600
1,202,100
1,563,800
1,563,8001,202,1001,459,6001,468,9001,693,6001,363,1001,645,9001,222,0001,316,9001,096,5001,184,200370,000267,500636,2001,102,000995,200787,000693,500835,700905,200780,000600,600586,400692,200696,400510,600440,100358,200323,900257,200234,400184,600189,900165,000130,000131,500253,100412,300455,900170,000265,300140,400462,600152,500271,300213,000111,600107,300100,400122,600149,000108,800146,50096,100113,100119,000236,000233,200272,900284,316279,261225,304315,323472,769428,407330,63361,582164,237159,79052,926110,61479,35380,921129,269343,911137,423135,718315,816337,321280,944279,112231,907213,133219,492208,621134,238131,81979,871169,60398,516141,62261,897159,59596,29059,32545,784106,79632,56148,00347,13664,80023,80069,20052,70054,60029,40049,50035,60019,10052,10053,30050,20047,10019,60018,90015,40021,5008,90011,50012,90028,00012,00010,90014,60021,0004,2009,2005,00015,4006,1007,6005,2006,3004,6004,8005005005002005005002005001,9000002,5000001,200000200000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
309,800
358,100
373,700
0
461,919
491,212
506,273
568,217
0
0
0
663,316
0
0
382,673
301,328
306,253
315,505
328,574
304,348
379,735
365,773
414,269
426,666
459,853
476,691
798,824
440,007
4,107,226
4,160,060
566,888
511,772
338,639
414,028
248,210
228,727
402,553
71,044
61,163
19,710
13,853
62,011
115,765
82,496
3,467,300
3,490,700
233,700
345,000
372,000
315,000
356,800
207,500
241,900
178,600
470,200
398,200
447,600
250,400
314,400
398,700
96,700
388,600
355,500
366,600
81,800
64,100
74,100
220,600
367,700
128,000
214,000
138,800
133,800
81,400
97,300
66,000
82,900
248,400
35,600
30,900
40,900
34,400
73,800
27,200
30,600
174,900
203,700
36,700
39,600
376,000
1,086,000
853,900
45,800
165,600
240,100
373,400
45,700
34,400
36,600
33,900
38,400
38,000
37,200
37,20038,00038,40033,90036,60034,40045,700373,400240,100165,60045,800853,9001,086,000376,00039,60036,700203,700174,90030,60027,20073,80034,40040,90030,90035,600248,40082,90066,00097,30081,400133,800138,800214,000128,000367,700220,60074,10064,10081,800366,600355,500388,60096,700398,700314,400250,400447,600398,200470,200178,600241,900207,500356,800315,000372,000345,000233,7003,490,7003,467,30082,496115,76562,01113,85319,71061,16371,044402,553228,727248,210414,028338,639511,772566,8884,160,0604,107,226440,007798,824476,691459,853426,666414,269365,773379,735304,348328,574315,505306,253301,328382,67300663,316000568,217506,273491,212461,9190373,700358,100309,80000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
5,700
0
0
0
7,000
0
0
0
8,600
0
0
0
12,000
31,500
30,900
29,900
29,500
29,700
27,400
27,200
26,200
24,900
26,300
26,700
17,500
18,300
19,100
18,200
55,300
58,500
66,200
61,800
68,700
86,900
90,300
82,700
37,500
40,000
44,800
38,200
44,900
49,600
55,100
50,600
56,000
58,700
68,700
62,800
67,800
78,100
88,300
73,800
81,000
88,700
104,300
95,200
110,044
114,423
131,548
110,071
128,921
135,958
137,557
106,826
135,168
132,998
143,632
117,730
141,299
145,074
170,148
133,490
158,328
183,797
205,613
166,352
192,957
208,818
239,729
183,581
227,974
220,825
257,482
202,301
239,897
246,355
252,351
189,261
219,121
226,657
249,229
187,109
205,680
224,519
250,818
181,722
215,300
231,400
252,800
163,400
190,500
220,000
249,400
157,300
173,000
177,100
169,300
125,100
165,800
183,400
213,600
159,000
185,700
198,500
242,000
180,600
214,500
238,700
277,800
385,000
444,700
517,300
564,700
461,900
543,400
570,600
630,400
582,000
563,600
564,300
591,200
844,700
845,000
861,400
905,600
847,000
790,300
855,900
991,800
1,105,900
1,053,600
1,084,500
1,371,500
1,204,700
1,318,200
1,373,300
1,391,600
1,415,000
1,426,200
1,574,600
1,650,800
1,702,100
1,625,300
1,702,900
1,879,500
1,865,300
1,865,3001,879,5001,702,9001,625,3001,702,1001,650,8001,574,6001,426,2001,415,0001,391,6001,373,3001,318,2001,204,7001,371,5001,084,5001,053,6001,105,900991,800855,900790,300847,000905,600861,400845,000844,700591,200564,300563,600582,000630,400570,600543,400461,900564,700517,300444,700385,000277,800238,700214,500180,600242,000198,500185,700159,000213,600183,400165,800125,100169,300177,100173,000157,300249,400220,000190,500163,400252,800231,400215,300181,722250,818224,519205,680187,109249,229226,657219,121189,261252,351246,355239,897202,301257,482220,825227,974183,581239,729208,818192,957166,352205,613183,797158,328133,490170,148145,074141,299117,730143,632132,998135,168106,826137,557135,958128,921110,071131,548114,423110,04495,200104,30088,70081,00073,80088,30078,10067,80062,80068,70058,70056,00050,60055,10049,60044,90038,20044,80040,00037,50082,70090,30086,90068,70061,80066,20058,50055,30018,20019,10018,30017,50026,70026,30024,90026,20027,20027,40029,70029,50029,90030,90031,50012,0000008,6000007,0000005,700000
       Other Current Assets 
0
0
0
6,700
0
0
0
8,500
0
0
0
12,200
0
0
0
18,600
1,000
1,300
1,500
1,400
1,200
2,000
2,200
3,000
2,600
3,300
3,900
18,900
21,400
25,700
25,500
3,900
3,000
2,400
1,800
3,700
3,400
2,800
4,000
73,800
85,700
88,400
101,300
105,000
125,200
128,900
136,000
1,034,500
1,069,900
1,125,100
1,581,500
1,375,400
1,333,500
1,376,900
1,749,900
1,659,400
1,421,700
1,455,900
1,845,300
2,205,395
1,791,987
1,849,748
1,841,602
2,616,568
2,481,616
2,413,593
2,882,667
2,617,509
654,046
384,345
2,534,429
2,510,144
2,373,495
2,378,560
2,946,049
2,598,279
38,810
2,566,748
3,105,380
3,025,662
2,395,237
2,390,045
3,902,078
3,638,897
39,287
39,206
3,593,531
4,030,297
3,564,253
3,510,299
4,451,013
3,853,826
3,684,608
3,569,448
4,196,208
3,541,667
3,050,174
3,024,073
4,139,783
3,577,000
3,318,400
3,297,600
4,231,700
3,603,400
3,128,300
3,079,500
4,211,600
4,586,600
3,974,300
3,850,100
5,623,900
4,161,300
3,955,700
3,986,800
4,974,600
4,265,600
4,114,200
4,088,900
5,156,000
4,337,100
3,811,800
3,848,300
4,791,400
4,066,800
3,506,000
3,358,000
4,886,000
4,405,200
5,034,700
5,024,000
4,045,500
4,796,600
3,988,900
3,939,800
5,715,300
233,900
4,067,200
4,087,300
4,688,600
3,741,900
3,618,000
3,732,200
4,525,600
4,084,000
4,091,200
4,248,700
4,679,100
4,039,500
3,482,100
3,544,500
4,623,200
4,506,500
5,822,300
5,875,400
6,454,100
4,123,400
4,160,500
4,348,000
4,592,400
4,592,4004,348,0004,160,5004,123,4006,454,1005,875,4005,822,3004,506,5004,623,2003,544,5003,482,1004,039,5004,679,1004,248,7004,091,2004,084,0004,525,6003,732,2003,618,0003,741,9004,688,6004,087,3004,067,200233,9005,715,3003,939,8003,988,9004,796,6004,045,5005,024,0005,034,7004,405,2004,886,0003,358,0003,506,0004,066,8004,791,4003,848,3003,811,8004,337,1005,156,0004,088,9004,114,2004,265,6004,974,6003,986,8003,955,7004,161,3005,623,9003,850,1003,974,3004,586,6004,211,6003,079,5003,128,3003,603,4004,231,7003,297,6003,318,4003,577,0004,139,7833,024,0733,050,1743,541,6674,196,2083,569,4483,684,6083,853,8264,451,0133,510,2993,564,2534,030,2973,593,53139,20639,2873,638,8973,902,0782,390,0452,395,2373,025,6623,105,3802,566,74838,8102,598,2792,946,0492,378,5602,373,4952,510,1442,534,429384,345654,0462,617,5092,882,6672,413,5932,481,6162,616,5681,841,6021,849,7481,791,9872,205,3951,845,3001,455,9001,421,7001,659,4001,749,9001,376,9001,333,5001,375,4001,581,5001,125,1001,069,9001,034,500136,000128,900125,200105,000101,30088,40085,70073,8004,0002,8003,4003,7001,8002,4003,0003,90025,50025,70021,40018,9003,9003,3002,6003,0002,2002,0001,2001,4001,5001,3001,00018,60000012,2000008,5000006,700000
   > Long-term Assets 
0
0
0
13,900
0
0
0
15,900
0
0
0
19,200
0
0
0
22,300
23,300
26,000
28,100
30,700
33,500
36,300
39,000
40,700
41,100
45,000
44,600
44,600
43,300
43,800
43,900
42,700
43,200
42,400
43,400
42,800
43,100
43,300
44,100
44,200
48,800
56,300
55,100
54,900
56,900
59,700
60,300
60,600
62,400
66,200
69,700
71,000
69,900
75,600
82,000
80,000
78,500
85,300
90,600
93,002
94,570
98,760
106,389
115,923
115,350
125,100
125,947
138,501
2,140,471
2,690,525
470,739
658,141
655,695
662,057
658,328
669,756
3,123,280
665,056
664,052
690,046
694,613
697,747
699,394
1,105,001
1,153,491
1,285,222
1,328,173
1,385,200
1,298,076
796,751
823,741
843,880
854,210
891,506
902,581
887,589
1,103,874
1,094,926
1,071,500
1,067,182
1,039,100
1,008,800
1,098,000
1,135,900
1,158,100
1,192,000
1,222,700
1,403,700
1,410,500
1,420,500
1,152,500
1,331,100
1,332,900
1,355,600
1,350,100
1,358,700
1,414,600
1,414,600
1,386,800
1,379,300
1,394,800
1,414,300
1,563,900
1,577,200
1,575,900
1,560,400
1,558,500
1,561,700
1,646,000
1,691,600
1,794,100
1,679,300
1,973,800
1,712,400
3,071,000
3,006,300
3,082,300
3,073,800
3,077,500
3,086,100
3,036,700
3,023,000
3,043,700
3,057,700
3,050,000
3,055,700
3,046,400
3,053,600
3,040,500
3,016,100
3,008,400
3,018,300
3,111,500
3,128,400
3,137,500
3,131,600
3,127,700
3,125,100
3,144,600
3,144,6003,125,1003,127,7003,131,6003,137,5003,128,4003,111,5003,018,3003,008,4003,016,1003,040,5003,053,6003,046,4003,055,7003,050,0003,057,7003,043,7003,023,0003,036,7003,086,1003,077,5003,073,8003,082,3003,006,3003,071,0001,712,4001,973,8001,679,3001,794,1001,691,6001,646,0001,561,7001,558,5001,560,4001,575,9001,577,2001,563,9001,414,3001,394,8001,379,3001,386,8001,414,6001,414,6001,358,7001,350,1001,355,6001,332,9001,331,1001,152,5001,420,5001,410,5001,403,7001,222,7001,192,0001,158,1001,135,9001,098,0001,008,8001,039,1001,067,1821,071,5001,094,9261,103,874887,589902,581891,506854,210843,880823,741796,7511,298,0761,385,2001,328,1731,285,2221,153,4911,105,001699,394697,747694,613690,046664,052665,0563,123,280669,756658,328662,057655,695658,141470,7392,690,5252,140,471138,501125,947125,100115,350115,923106,38998,76094,57093,00290,60085,30078,50080,00082,00075,60069,90071,00069,70066,20062,40060,60060,30059,70056,90054,90055,10056,30048,80044,20044,10043,30043,10042,80043,40042,40043,20042,70043,90043,80043,30044,60044,60045,00041,10040,70039,00036,30033,50030,70028,10026,00023,30022,30000019,20000015,90000013,900000
       Property Plant Equipment 
0
0
0
13,600
0
0
0
15,700
0
0
0
19,000
0
0
0
22,100
23,000
25,700
27,900
30,100
33,000
35,700
38,200
40,000
40,200
44,100
43,900
43,900
42,400
42,800
43,200
42,100
42,000
41,600
42,700
42,400
42,400
42,900
43,600
43,700
47,700
50,900
50,200
50,000
51,400
52,400
53,500
54,200
55,500
59,400
63,100
64,700
63,000
68,300
67,900
65,900
65,500
67,400
72,800
75,375
75,576
80,272
86,291
96,078
96,699
107,071
106,914
121,566
136,981
151,786
153,815
159,039
160,138
169,021
169,054
171,346
171,573
173,842
176,578
205,319
213,573
218,900
223,561
234,664
237,131
246,638
253,485
256,087
260,943
264,902
274,366
275,297
275,628
283,029
280,956
274,530
268,317
262,024
264,273
267,583
268,000
279,500
303,700
308,700
310,500
316,000
316,800
324,300
326,900
351,800
341,700
346,000
350,500
351,400
345,100
342,200
346,600
344,400
347,700
353,900
350,100
352,700
350,000
353,000
348,400
349,300
341,600
337,200
328,600
377,100
397,200
393,500
389,100
394,000
404,700
408,700
516,200
520,900
528,100
522,200
492,100
492,000
494,900
498,800
499,600
495,900
483,500
480,000
472,800
463,700
452,600
457,800
466,100
477,000
478,000
458,600
466,900
478,400
499,400
499,400478,400466,900458,600478,000477,000466,100457,800452,600463,700472,800480,000483,500495,900499,600498,800494,900492,000492,100522,200528,100520,900516,200408,700404,700394,000389,100393,500397,200377,100328,600337,200341,600349,300348,400353,000350,000352,700350,100353,900347,700344,400346,600342,200345,100351,400350,500346,000341,700351,800326,900324,300316,800316,000310,500308,700303,700279,500268,000267,583264,273262,024268,317274,530280,956283,029275,628275,297274,366264,902260,943256,087253,485246,638237,131234,664223,561218,900213,573205,319176,578173,842171,573171,346169,054169,021160,138159,039153,815151,786136,981121,566106,914107,07196,69996,07886,29180,27275,57675,37572,80067,40065,50065,90067,90068,30063,00064,70063,10059,40055,50054,20053,50052,40051,40050,00050,20050,90047,70043,70043,60042,90042,40042,40042,70041,60042,00042,10043,20042,80042,40043,90043,90044,10040,20040,00038,20035,70033,00030,10027,90025,70023,00022,10000019,00000015,70000013,600000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,655
0
0
0
0
0
243,739
243,317
393,703
394,033
395,094
395,094
405,652
405,689
405,716
405,992
405,992
405,842
405,842
405,842
405,842
405,842
405,842
407,712
407,712
440,308
433,115
433,115
433,316
433,316
433,316
434,073
433,316
433,316
421,559
421,559
421,559
421,600
421,600
508,600
513,700
513,600
513,600
518,100
517,400
517,400
517,400
533,900
533,900
533,900
540,000
540,000
540,300
563,400
563,800
563,800
561,500
561,500
561,500
656,200
657,100
657,100
657,100
657,100
657,100
698,000
698,100
827,400
814,000
813,300
810,600
1,781,500
1,782,600
1,783,100
1,785,800
1,789,800
1,791,100
1,796,800
1,798,900
1,819,600
1,820,700
1,816,700
1,832,300
1,831,800
1,831,500
1,825,300
1,830,000
1,833,600
1,834,000
1,881,400
1,882,300
1,882,300
1,882,700
1,884,900
1,879,800
1,877,800
1,877,8001,879,8001,884,9001,882,7001,882,3001,882,3001,881,4001,834,0001,833,6001,830,0001,825,3001,831,5001,831,8001,832,3001,816,7001,820,7001,819,6001,798,9001,796,8001,791,1001,789,8001,785,8001,783,1001,782,6001,781,500810,600813,300814,000827,400698,100698,000657,100657,100657,100657,100657,100656,200561,500561,500561,500563,800563,800563,400540,300540,000540,000533,900533,900533,900517,400517,400517,400518,100513,600513,600513,700508,600421,600421,600421,559421,559421,559433,316433,316434,073433,316433,316433,316433,115433,115440,308407,712407,712405,842405,842405,842405,842405,842405,842405,992405,992405,716405,689405,652395,094395,094394,033393,703243,317243,739000001,655000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
304,874
317,430
294,088
290,106
266,300
226,400
182,600
207,300
232,900
265,200
295,400
473,700
480,400
504,300
227,000
369,100
365,600
375,900
377,800
385,600
396,500
398,500
408,600
399,800
416,200
436,500
428,600
441,100
446,300
432,100
440,200
454,000
483,200
480,900
405,400
295,500
264,600
10,000
20,000
10,200
10,300
10,100
10,200
10,200
10,200
10,100
9,900
7,100
7,100
7,000
5,100
5,000
3,900
3,900
3,800
3,800
1,600
1,600
1,600
3,700
0
0
0
0003,7001,6001,6001,6003,8003,8003,9003,9005,0005,1007,0007,1007,1009,90010,10010,20010,20010,20010,10010,30010,20020,00010,000264,600295,500405,400480,900483,200454,000440,200432,100446,300441,100428,600436,500416,200399,800408,600398,500396,500385,600377,800375,900365,600369,100227,000504,300480,400473,700295,400265,200232,900207,300182,600226,400266,300290,106294,088317,430304,874000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,584
6,731
6,442
8,843
9,612
9,476
9,316
8,852
9,040
8,726
310,030
309,770
492,045
488,710
486,444
482,724
490,203
486,665
483,411
480,039
477,450
474,254
472,322
469,492
60,704
59,973
69,241
68,499
67,213
64,767
69,893
78,312
74,500
70,952
77,759
85,272
76,641
75,510
71,478
68,085
63,262
58,400
54,200
74,500
77,200
71,300
65,700
61,200
55,800
51,300
47,000
49,900
45,200
42,100
43,600
40,500
40,600
42,600
38,800
35,600
32,400
33,000
31,300
73,500
69,500
65,000
65,200
62,000
57,600
79,200
77,400
105,100
141,400
135,500
128,000
420,900
399,100
379,500
359,700
348,000
330,600
314,100
297,200
287,900
275,800
260,000
245,900
234,800
224,600
212,500
203,900
196,200
187,400
197,500
201,000
204,900
194,500
187,700
179,800
175,600
175,600179,800187,700194,500204,900201,000197,500187,400196,200203,900212,500224,600234,800245,900260,000275,800287,900297,200314,100330,600348,000359,700379,500399,100420,900128,000135,500141,400105,10077,40079,20057,60062,00065,20065,00069,50073,50031,30033,00032,40035,60038,80042,60040,60040,50043,60042,10045,20049,90047,00051,30055,80061,20065,70071,30077,20074,50054,20058,40063,26268,08571,47875,51076,64185,27277,75970,95274,50078,31269,89364,76767,21368,49969,24159,97360,704469,492472,322474,254477,450480,039483,411486,665490,203482,724486,444488,710492,045309,770310,0308,7269,0408,8529,3169,4769,6128,8436,4426,7315,58400000000000000000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,882
17,627
18,994
18,488
20,098
19,845
18,651
18,029
19,033
16,935
16,648
317,528
316,924
499,102
495,557
493,036
489,274
498,410
494,840
491,214
487,474
484,727
481,040
478,847
475,833
870,337
916,360
1,038,584
1,074,688
1,129,113
1,037,133
531,849
549,375
568,583
578,582
608,477
621,625
613,059
835,557
832,902
807,227
799,599
771,100
729,300
794,300
827,200
847,600
876,000
905,900
1,079,400
1,083,600
0
0
985,100
982,400
1,004,200
1,005,000
1,016,500
1,068,000
1,070,200
1,039,100
1,025,400
1,044,700
1,061,600
1,213,900
1,224,200
1,227,500
1,211,100
1,216,900
1,224,500
1,317,400
1,314,500
1,396,900
34,900
371,300
369,800
443,900
397,700
393,200
397,300
401,400
432,000
423,500
424,800
431,400
455,300
466,600
474,600
491,200
512,500
526,000
514,600
522,200
535,300
564,900
0
0
0
0
0
0
000000564,900535,300522,200514,600526,000512,500491,200474,600466,600455,300431,400424,800423,500432,000401,400397,300393,200397,700443,900369,800371,30034,9001,396,9001,314,5001,317,4001,224,5001,216,9001,211,1001,227,5001,224,2001,213,9001,061,6001,044,7001,025,4001,039,1001,070,2001,068,0001,016,5001,005,0001,004,200982,400985,100001,083,6001,079,400905,900876,000847,600827,200794,300729,300771,100799,599807,227832,902835,557613,059621,625608,477578,582568,583549,375531,8491,037,1331,129,1131,074,6881,038,584916,360870,337475,833478,847481,040484,727487,474491,214494,840498,410489,274493,036495,557499,102316,924317,52816,64816,93519,03318,02918,65119,84520,09818,48818,99417,62717,8820000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,706
18,488
19,723
21,080
21,300
23,300
25,000
25,400
25,900
27,700
28,000
29,200
30,500
31,300
32,600
34,100
36,300
36,100
36,300
37,100
36,200
38,700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000038,70036,20037,10036,30036,10036,30034,10032,60031,30030,50029,20028,00027,70025,90025,40025,00023,30021,30021,08019,72318,48817,706000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
7,900
0
0
0
8,600
0
0
0
11,000
0
0
0
14,600
13,700
13,500
14,200
14,900
15,100
14,400
15,800
15,900
16,000
18,000
17,000
18,800
18,700
18,300
22,100
21,700
22,900
18,600
25,200
21,300
28,200
26,000
27,700
28,500
31,300
30,400
38,400
29,400
45,600
45,900
56,900
949,800
974,600
1,023,400
1,421,900
1,220,200
1,174,000
1,188,300
1,549,700
1,437,300
1,505,400
1,531,600
1,941,300
1,892,145
1,890,791
1,938,566
1,953,740
2,149,354
1,976,515
1,925,968
2,390,737
2,029,094
2,097,000
2,316,552
2,631,863
2,613,412
2,503,109
2,505,908
3,079,550
2,750,230
2,683,383
2,745,362
3,297,774
2,993,441
2,637,909
2,598,910
4,139,005
3,894,459
4,119,166
4,043,632
3,868,778
4,294,271
3,913,815
3,781,944
4,720,024
4,113,149
3,979,485
3,827,137
4,444,319
3,785,937
3,342,881
3,264,942
4,390,911
3,824,320
3,602,000
3,573,200
4,494,600
3,897,600
3,452,200
3,373,300
4,499,500
4,875,100
4,055,500
4,026,000
5,901,600
4,390,000
4,282,800
4,259,000
5,281,200
4,593,100
4,501,000
4,440,200
5,472,200
4,697,000
4,192,200
4,158,500
5,193,400
4,529,100
4,108,800
3,960,500
5,413,600
4,878,400
5,675,700
5,715,700
4,797,300
5,439,200
4,663,000
4,577,900
7,765,000
6,063,000
6,118,900
6,132,300
6,707,100
5,769,300
5,598,300
5,725,700
6,689,500
6,279,200
6,323,800
6,568,300
6,997,700
6,550,000
5,988,500
6,009,000
7,202,500
7,053,200
8,612,200
8,527,700
9,276,800
6,582,100
6,638,700
6,629,000
7,105,000
7,105,0006,629,0006,638,7006,582,1009,276,8008,527,7008,612,2007,053,2007,202,5006,009,0005,988,5006,550,0006,997,7006,568,3006,323,8006,279,2006,689,5005,725,7005,598,3005,769,3006,707,1006,132,3006,118,9006,063,0007,765,0004,577,9004,663,0005,439,2004,797,3005,715,7005,675,7004,878,4005,413,6003,960,5004,108,8004,529,1005,193,4004,158,5004,192,2004,697,0005,472,2004,440,2004,501,0004,593,1005,281,2004,259,0004,282,8004,390,0005,901,6004,026,0004,055,5004,875,1004,499,5003,373,3003,452,2003,897,6004,494,6003,573,2003,602,0003,824,3204,390,9113,264,9423,342,8813,785,9374,444,3193,827,1373,979,4854,113,1494,720,0243,781,9443,913,8154,294,2713,868,7784,043,6324,119,1663,894,4594,139,0052,598,9102,637,9092,993,4413,297,7742,745,3622,683,3832,750,2303,079,5502,505,9082,503,1092,613,4122,631,8632,316,5522,097,0002,029,0942,390,7371,925,9681,976,5152,149,3541,953,7401,938,5661,890,7911,892,1451,941,3001,531,6001,505,4001,437,3001,549,7001,188,3001,174,0001,220,2001,421,9001,023,400974,600949,80056,90045,90045,60029,40038,40030,40031,30028,50027,70026,00028,20021,30025,20018,60022,90021,70022,10018,30018,70018,80017,00018,00016,00015,90015,80014,40015,10014,90014,20013,50013,70014,60000011,0000008,6000007,900000
   > Total Current Liabilities 
0
0
0
4,500
0
0
0
4,700
0
0
0
6,100
0
0
0
9,500
8,800
8,400
9,300
10,200
10,500
10,000
11,400
10,500
10,700
12,800
11,900
13,700
14,000
13,600
17,800
17,800
19,000
15,300
22,500
19,000
25,900
23,800
25,700
26,700
30,200
29,600
37,500
28,100
42,300
42,400
53,100
946,000
969,800
1,017,900
1,416,900
1,215,700
1,168,900
1,183,100
1,544,600
1,432,300
1,500,400
1,526,300
1,936,200
1,886,945
1,885,176
1,933,409
1,948,606
2,143,842
1,970,833
1,920,102
2,385,302
2,023,406
125,609
102,002
2,618,715
2,587,525
2,476,089
2,477,506
3,052,708
2,721,903
201,257
2,707,413
3,256,693
2,941,824
2,583,502
2,542,434
4,080,751
3,838,372
4,064,845
3,985,453
3,811,484
4,237,470
3,845,490
3,711,740
4,647,850
4,037,272
3,903,682
3,751,508
4,365,647
3,701,893
3,259,654
3,186,729
4,312,423
3,742,178
3,520,200
3,485,700
4,390,500
3,788,300
3,337,100
3,248,200
4,372,400
4,745,700
3,919,700
3,888,600
5,756,500
4,268,200
4,150,400
4,119,100
5,138,900
4,438,900
4,344,000
4,279,300
5,348,000
4,573,000
4,046,400
4,009,900
5,039,200
4,365,900
3,913,200
3,784,100
5,273,700
4,725,100
5,455,700
5,501,700
4,623,700
5,291,800
4,397,400
4,306,800
6,549,700
4,845,000
4,823,500
4,823,900
5,389,700
4,426,900
4,263,100
4,380,000
5,356,000
4,938,200
4,957,900
5,221,900
5,687,900
5,269,200
4,702,200
4,753,900
5,958,100
5,805,400
7,343,500
7,254,400
8,000,800
5,309,100
5,343,900
5,329,200
5,799,700
5,799,7005,329,2005,343,9005,309,1008,000,8007,254,4007,343,5005,805,4005,958,1004,753,9004,702,2005,269,2005,687,9005,221,9004,957,9004,938,2005,356,0004,380,0004,263,1004,426,9005,389,7004,823,9004,823,5004,845,0006,549,7004,306,8004,397,4005,291,8004,623,7005,501,7005,455,7004,725,1005,273,7003,784,1003,913,2004,365,9005,039,2004,009,9004,046,4004,573,0005,348,0004,279,3004,344,0004,438,9005,138,9004,119,1004,150,4004,268,2005,756,5003,888,6003,919,7004,745,7004,372,4003,248,2003,337,1003,788,3004,390,5003,485,7003,520,2003,742,1784,312,4233,186,7293,259,6543,701,8934,365,6473,751,5083,903,6824,037,2724,647,8503,711,7403,845,4904,237,4703,811,4843,985,4534,064,8453,838,3724,080,7512,542,4342,583,5022,941,8243,256,6932,707,413201,2572,721,9033,052,7082,477,5062,476,0892,587,5252,618,715102,002125,6092,023,4062,385,3021,920,1021,970,8332,143,8421,948,6061,933,4091,885,1761,886,9451,936,2001,526,3001,500,4001,432,3001,544,6001,183,1001,168,9001,215,7001,416,9001,017,900969,800946,00053,10042,40042,30028,10037,50029,60030,20026,70025,70023,80025,90019,00022,50015,30019,00017,80017,80013,60014,00013,70011,90012,80010,70010,50011,40010,00010,50010,2009,3008,4008,8009,5000006,1000004,7000004,500000
       Short-term Debt 
0
0
0
200
0
0
0
200
0
0
0
600
0
0
0
600
600
700
600
500
1,100
1,500
1,500
400
400
400
400
400
500
400
400
400
400
300
1,800
200
400
200
200
200
700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55,600
0
0
0
72,197
68,957
59,757
93,046
74,272
92,077
61,743
79,125
77,876
65,869
82,023
97,330
87,344
117,427
93,192
114,369
106,635
139,676
105,778
141,834
130,069
148,834
107,655
141,499
125,268
147,586
113,964
140,911
132,589
164,912
128,221
158,404
152,223
201,119
162,199
152,276
180,224
227,900
206,300
163,400
187,400
222,800
169,300
178,600
144,800
195,900
145,300
160,300
146,300
157,200
0
0
171,400
0
0
0
0
0
0
0
247,800
116,900
103,100
55,400
280,500
61,300
133,400
57,700
325,200
-174,900
57,300
53,600
815,600
93,500
89,400
88,800
92,800
57,900
6,900
7,000
36,300
-679,600
8,900
8,700
33,800
-843,400
10,100
10,200
30,500
-812,200
13,600
18,800
37,900
92,400
18,200
17,600
17,60018,20092,40037,90018,80013,600-812,20030,50010,20010,100-843,40033,8008,7008,900-679,60036,3007,0006,90057,90092,80088,80089,40093,500815,60053,60057,300-174,900325,20057,700133,40061,300280,50055,400103,100116,900247,8000000000171,40000157,200146,300160,300145,300195,900144,800178,600169,300222,800187,400163,400206,300227,900180,224152,276162,199201,119152,223158,404128,221164,912132,589140,911113,964147,586125,268141,499107,655148,834130,069141,834105,778139,676106,635114,36993,192117,42787,34497,33082,02365,86977,87679,12561,74392,07774,27293,04659,75768,95772,19700055,6000000000000000000007002002002004002001,8003004004004004005004004004004004001,5001,5001,100500600700600600000600000200000200000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
51,300
103,100
55,400
0
57,200
133,400
57,700
0
56,700
0
53,600
0
56,500
51,300
51,200
5,100
6,100
6,900
7,000
7,400
7,100
8,900
8,700
8,700
10,300
10,100
10,200
10,200
13,700
13,600
18,800
18,700
18,900
18,200
17,600
17,60018,20018,90018,70018,80013,60013,70010,20010,20010,10010,3008,7008,7008,9007,1007,4007,0006,9006,1005,10051,20051,30056,500053,600056,700057,700133,40057,200055,400103,10051,3000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,400
1,700
2,400
2,900
2,000
2,300
1,800
3,000
1,600
4,300
2,000
3,500
2,300
3,700
3,100
3,400
3,700
2,900
3,400
3,500
3,700
5,500
4,600
3,500
3,400
5,600
4,900
3,800
3,400
4,600
3,800
5,600
4,300
3,700
4,800
10,500
6,600
7,600
8,200
10,328
11,800
10,900
12,800
17,086
14,020
14,346
14,116
16,377
13,136
12,179
15,056
14,104
14,956
19,023
21,627
22,213
21,107
22,487
20,500
22,589
24,583
25,438
23,385
30,385
28,978
25,346
28,005
46,668
47,067
39,908
55,954
46,961
91,807
63,359
34,456
40,251
35,041
38,858
37,484
37,334
33,301
36,494
35,081
37,300
34,400
33,800
35,700
45,400
38,500
54,900
46,000
69,700
40,700
43,600
47,600
42,700
40,400
36,400
34,700
48,800
40,100
39,800
40,100
51,700
43,000
47,400
55,800
56,700
51,200
48,600
55,900
57,200
74,600
58,400
71,900
74,500
62,600
70,600
73,900
75,900
61,700
76,300
67,700
79,400
62,000
70,400
73,900
89,000
79,000
85,900
111,400
105,700
84,700
86,700
122,500
84,700
95,300
92,300
94,000
104,300
80,900
89,200
118,700
118,70089,20080,900104,30094,00092,30095,30084,700122,50086,70084,700105,700111,40085,90079,00089,00073,90070,40062,00079,40067,70076,30061,70075,90073,90070,60062,60074,50071,90058,40074,60057,20055,90048,60051,20056,70055,80047,40043,00051,70040,10039,80040,10048,80034,70036,40040,40042,70047,60043,60040,70069,70046,00054,90038,50045,40035,70033,80034,40037,30035,08136,49433,30137,33437,48438,85835,04140,25134,45663,35991,80746,96155,95439,90847,06746,66828,00525,34628,97830,38523,38525,43824,58322,58920,50022,48721,10722,21321,62719,02314,95614,10415,05612,17913,13616,37714,11614,34614,02017,08612,80010,90011,80010,3288,2007,6006,60010,5004,8003,7004,3005,6003,8004,6003,4003,8004,9005,6003,4003,5004,6005,5003,7003,5003,4002,9003,7003,4003,1003,7002,3003,5002,0004,3001,6003,0001,8002,3002,0002,9002,4001,7001,4000000000000000000
       Other Current Liabilities 
0
0
0
4,300
0
0
0
4,500
0
0
0
5,500
0
0
0
8,900
6,800
6,000
6,300
6,800
7,400
6,200
8,100
7,100
8,700
8,100
9,500
9,800
11,200
9,500
14,300
14,000
14,900
12,100
17,300
15,300
21,800
18,100
20,900
23,000
26,100
24,000
32,600
24,300
38,900
37,800
49,300
940,400
965,500
1,014,200
1,412,100
1,205,200
1,162,300
1,175,500
1,536,400
1,421,972
1,488,600
1,515,400
1,923,400
1,865,140
1,871,156
1,919,063
1,934,490
2,123,044
1,954,458
1,904,579
2,343,782
2,005,165
77,618
2,282,532
2,575,743
2,561,067
2,429,129
2,452,131
3,008,219
2,693,702
2,593,093
2,677,624
3,209,185
2,901,387
2,507,144
2,509,128
4,026,247
3,778,321
3,960,411
3,929,089
3,735,283
4,173,906
3,699,035
3,642,433
4,604,564
3,975,459
3,803,198
3,696,414
4,298,355
3,652,819
3,158,534
3,147,719
4,250,019
3,694,725
3,428,100
3,444,100
4,349,300
3,738,500
3,238,100
3,177,900
4,305,900
4,667,400
3,815,300
3,845,000
5,718,800
4,170,400
4,079,900
4,051,100
5,096,100
4,366,000
4,243,700
4,232,100
5,297,100
4,508,400
3,974,000
3,897,000
4,975,000
4,272,400
3,718,300
3,553,200
5,103,900
4,600,000
5,295,100
5,220,500
4,447,500
5,180,900
4,189,900
4,103,100
6,376,900
3,913,200
4,578,000
4,557,400
5,170,800
4,252,700
4,103,600
4,223,300
5,221,700
4,770,400
4,792,300
5,030,300
5,489,000
5,057,300
4,526,400
4,612,300
5,744,500
5,615,100
7,122,500
7,009,900
7,815,300
5,069,200
5,120,300
5,078,900
5,593,400
5,593,4005,078,9005,120,3005,069,2007,815,3007,009,9007,122,5005,615,1005,744,5004,612,3004,526,4005,057,3005,489,0005,030,3004,792,3004,770,4005,221,7004,223,3004,103,6004,252,7005,170,8004,557,4004,578,0003,913,2006,376,9004,103,1004,189,9005,180,9004,447,5005,220,5005,295,1004,600,0005,103,9003,553,2003,718,3004,272,4004,975,0003,897,0003,974,0004,508,4005,297,1004,232,1004,243,7004,366,0005,096,1004,051,1004,079,9004,170,4005,718,8003,845,0003,815,3004,667,4004,305,9003,177,9003,238,1003,738,5004,349,3003,444,1003,428,1003,694,7254,250,0193,147,7193,158,5343,652,8194,298,3553,696,4143,803,1983,975,4594,604,5643,642,4333,699,0354,173,9063,735,2833,929,0893,960,4113,778,3214,026,2472,509,1282,507,1442,901,3873,209,1852,677,6242,593,0932,693,7023,008,2192,452,1312,429,1292,561,0672,575,7432,282,53277,6182,005,1652,343,7821,904,5791,954,4582,123,0441,934,4901,919,0631,871,1561,865,1401,923,4001,515,4001,488,6001,421,9721,536,4001,175,5001,162,3001,205,2001,412,1001,014,200965,500940,40049,30037,80038,90024,30032,60024,00026,10023,00020,90018,10021,80015,30017,30012,10014,90014,00014,3009,50011,2009,8009,5008,1008,7007,1008,1006,2007,4006,8006,3006,0006,8008,9000005,5000004,5000004,300000
   > Long-term Liabilities 
0
0
0
3,400
0
0
0
3,900
0
0
0
4,900
0
0
0
5,100
4,900
5,100
4,900
4,700
4,600
4,400
4,400
5,400
5,300
5,200
5,100
5,100
4,700
4,700
4,300
3,900
3,900
3,300
2,700
2,300
2,300
2,200
2,000
1,800
1,100
800
900
1,300
3,300
3,500
3,800
3,800
4,800
5,500
5,000
4,500
5,100
5,200
5,100
5,000
5,000
5,300
5,100
5,200
5,615
5,157
5,134
5,512
5,682
5,866
5,435
5,688
1,971,391
2,214,550
13,148
25,887
27,020
28,402
26,842
28,327
2,482,126
37,949
41,081
51,617
54,407
56,476
58,254
56,087
54,321
58,179
57,294
56,801
68,325
70,204
72,174
75,877
75,803
75,629
78,672
84,044
83,227
78,213
78,488
82,142
81,800
87,500
104,100
109,300
115,100
125,100
127,100
129,400
135,800
137,400
145,100
121,800
132,400
139,900
142,300
154,200
157,000
160,900
124,200
124,000
145,800
148,600
154,200
163,200
195,600
176,400
139,900
153,300
220,000
214,000
173,600
147,400
265,600
271,100
1,215,300
1,218,000
1,295,400
1,308,400
1,317,400
1,342,400
1,335,200
1,345,700
1,333,500
1,341,000
1,365,900
1,346,400
1,309,800
1,280,800
1,286,300
1,255,100
1,244,400
1,247,800
1,268,700
1,273,300
1,276,000
1,273,000
1,294,800
1,299,800
1,305,300
1,305,3001,299,8001,294,8001,273,0001,276,0001,273,3001,268,7001,247,8001,244,4001,255,1001,286,3001,280,8001,309,8001,346,4001,365,9001,341,0001,333,5001,345,7001,335,2001,342,4001,317,4001,308,4001,295,4001,218,0001,215,300271,100265,600147,400173,600214,000220,000153,300139,900176,400195,600163,200154,200148,600145,800124,000124,200160,900157,000154,200142,300139,900132,400121,800145,100137,400135,800129,400127,100125,100115,100109,300104,10087,50081,80082,14278,48878,21383,22784,04478,67275,62975,80375,87772,17470,20468,32556,80157,29458,17954,32156,08758,25456,47654,40751,61741,08137,9492,482,12628,32726,84228,40227,02025,88713,1482,214,5501,971,3915,6885,4355,8665,6825,5125,1345,1575,6155,2005,1005,3005,0005,0005,1005,2005,1004,5005,0005,5004,8003,8003,8003,5003,3001,3009008001,1001,8002,0002,2002,3002,3002,7003,3003,9003,9004,3004,7004,7005,1005,1005,2005,3005,4004,4004,4004,6004,7004,9005,1004,9005,1000004,9000003,9000003,400000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
800,000
796,400
796,500
796,600
796,700
796,800
796,900
797,000
797,200
797,300
797,400
797,500
0
797,700
797,800
797,900
0
798,200
0
0
0
0
0
0
0
0000000798,2000797,900797,800797,7000797,500797,400797,300797,200797,000796,900796,800796,700796,600796,500796,400800,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,706
18,488
19,723
21,080
21,300
23,300
25,000
25,400
25,900
27,700
28,000
29,200
30,500
31,300
32,600
34,100
36,300
36,100
36,300
37,100
36,200
38,700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000038,70036,20037,10036,30036,10036,30034,10032,60031,30030,50029,20028,00027,70025,90025,40025,00023,30021,30021,08019,72318,48817,706000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,154
5,200
5,615
5,157
5,134
5,512
5,682
5,866
5,435
5,630
6,478
11,363
13,148
18,842
19,688
20,095
14,317
13,931
17,884
22,368
25,090
33,858
37,023
39,420
41,485
40,606
40,106
44,939
45,635
47,234
61,007
62,886
65,047
66,277
65,031
66,128
67,860
71,271
70,186
70,470
72,702
74,339
73,700
78,300
84,400
86,200
83,400
88,000
86,900
88,800
90,500
90,900
98,100
68,500
74,100
78,300
80,600
85,200
97,000
102,000
106,600
107,200
127,600
134,200
135,900
141,100
154,400
157,900
122,200
119,400
124,600
129,000
131,700
152,000
265,600
271,100
415,300
415,100
405,100
411,700
415,600
448,700
443,200
456,500
443,600
451,300
475,900
462,200
432,900
408,300
417,500
390,400
383,400
392,300
415,300
0
0
0
0
0
0
000000415,300392,300383,400390,400417,500408,300432,900462,200475,900451,300443,600456,500443,200448,700415,600411,700405,100415,100415,300271,100265,600152,000131,700129,000124,600119,400122,200157,900154,400141,100135,900134,200127,600107,200106,600102,00097,00085,20080,60078,30074,10068,50098,10090,90090,50088,80086,90088,00083,40086,20084,40078,30073,70074,33972,70270,47070,18671,27167,86066,12865,03166,27765,04762,88661,00747,23445,63544,93940,10640,60641,48539,42037,02333,85825,09022,36817,88413,93114,31720,09519,68818,84213,14811,3636,4785,6305,4355,8665,6825,5125,1345,1575,6155,2005,1540000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,041
7,743
5,786
7,803
8,100
9,200
19,700
23,100
31,700
37,100
40,200
40,600
45,300
46,500
47,000
53,300
58,300
61,600
61,700
69,000
60,000
58,900
17,600
16,800
18,200
14,400
18,300
22,100
41,200
18,500
17,700
33,900
95,400
85,000
41,900
48,800
155,500
161,600
229,200
223,100
227,600
226,800
232,700
240,800
243,500
240,400
233,300
384,100
387,400
394,000
414,100
433,300
157,100
129,800
0
112,100
473,200
0
0
0
0
0
0
000000473,200112,1000129,800157,100433,300414,100394,000387,400384,100233,300240,400243,500240,800232,700226,800227,600223,100229,200161,600155,50048,80041,90085,00095,40033,90017,70018,50041,20022,10018,30014,40018,20016,80017,60058,90060,00069,00061,70061,60058,30053,30047,00046,50045,30040,60040,20037,10031,70023,10019,7009,2008,1007,8035,7867,74313,041000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
18,600
0
0
0
24,000
0
0
0
31,500
0
0
0
40,200
42,600
44,900
45,800
47,200
49,500
51,800
53,100
54,500
57,400
61,200
64,500
67,400
71,900
76,400
80,900
85,200
91,000
96,600
102,800
108,500
116,100
122,400
131,100
139,900
154,700
168,000
177,700
190,800
205,000
217,400
237,100
251,500
269,700
288,700
311,200
329,600
357,000
381,900
410,600
435,800
462,500
495,800
528,300
563,432
620,111
665,263
717,391
757,842
815,734
846,572
884,298
923,981
972,137
1,000,466
1,043,311
1,077,371
1,109,227
1,154,600
1,195,512
1,199,973
1,255,372
1,289,735
1,331,391
1,385,675
1,457,933
1,521,118
1,580,590
1,654,843
1,745,574
1,827,607
1,903,036
1,952,248
1,644,122
1,244,411
1,151,991
1,196,642
1,250,125
1,284,723
1,331,149
1,341,478
1,364,862
1,392,190
1,397,120
1,401,979
1,437,000
1,449,500
1,468,200
1,496,200
1,539,300
1,558,700
1,595,400
1,604,500
1,655,400
1,698,200
1,605,900
1,773,700
1,748,400
1,760,400
1,788,200
1,777,000
1,785,600
1,834,300
1,872,000
1,785,500
1,790,800
1,858,300
1,874,100
1,911,700
1,988,100
1,815,600
1,896,700
1,955,300
1,943,800
1,968,900
2,045,500
2,024,500
2,387,000
2,424,500
2,598,000
2,619,500
2,519,300
2,569,400
2,759,800
2,781,400
2,778,600
2,889,700
2,976,400
2,948,000
3,043,500
3,119,800
3,286,000
3,085,200
3,137,400
3,205,300
3,401,100
3,493,200
3,587,800
3,524,400
3,747,100
3,801,000
3,850,400
3,925,700
4,116,600
4,116,6003,925,7003,850,4003,801,0003,747,1003,524,4003,587,8003,493,2003,401,1003,205,3003,137,4003,085,2003,286,0003,119,8003,043,5002,948,0002,976,4002,889,7002,778,6002,781,4002,759,8002,569,4002,519,3002,619,5002,598,0002,424,5002,387,0002,024,5002,045,5001,968,9001,943,8001,955,3001,896,7001,815,6001,988,1001,911,7001,874,1001,858,3001,790,8001,785,5001,872,0001,834,3001,785,6001,777,0001,788,2001,760,4001,748,4001,773,7001,605,9001,698,2001,655,4001,604,5001,595,4001,558,7001,539,3001,496,2001,468,2001,449,5001,437,0001,401,9791,397,1201,392,1901,364,8621,341,4781,331,1491,284,7231,250,1251,196,6421,151,9911,244,4111,644,1221,952,2481,903,0361,827,6071,745,5741,654,8431,580,5901,521,1181,457,9331,385,6751,331,3911,289,7351,255,3721,199,9731,195,5121,154,6001,109,2271,077,3711,043,3111,000,466972,137923,981884,298846,572815,734757,842717,391665,263620,111563,432528,300495,800462,500435,800410,600381,900357,000329,600311,200288,700269,700251,500237,100217,400205,000190,800177,700168,000154,700139,900131,100122,400116,100108,500102,80096,60091,00085,20080,90076,40071,90067,40064,50061,20057,40054,50053,10051,80049,50047,20045,80044,90042,60040,20000031,50000024,00000018,600000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,500
2,500
2,500
3,718
3,723
3,729
3,733
3,736
3,743
3,747
3,751
3,759
3,761
3,763
3,764
3,767
3,770
3,775
3,777
3,780
3,782
3,783
3,785
3,786
3,790
3,796
3,798
3,803
3,804
3,811
3,819
3,822
3,747
3,637
3,604
3,605
3,608
3,608
3,608
3,610
3,614
3,614
3,614
3,615
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,700
3,700
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,7003,7003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6003,6153,6143,6143,6143,6103,6083,6083,6083,6053,6043,6373,7473,8223,8193,8113,8043,8033,7983,7963,7903,7863,7853,7833,7823,7803,7773,7753,7703,7673,7643,7633,7613,7593,7513,7473,7433,7363,7333,7293,7233,7182,5002,5002,50000000000000000000000000000000000000000000000000000000000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
839,366
853,084
852,936
856,290
873,000
894,500
913,000
919,500
951,500
975,800
995,000
1,002,100
1,033,000
1,060,800
964,900
1,088,500
1,034,200
993,200
983,700
957,500
943,700
964,300
978,300
894,300
876,400
913,900
899,600
926,200
958,900
834,900
871,900
901,700
843,700
881,000
961,400
930,300
1,268,100
1,302,600
1,425,800
1,409,500
1,265,200
1,301,400
1,433,300
1,431,400
1,370,200
1,418,900
1,499,300
1,445,900
1,513,300
1,606,900
0
1,669,600
1,736,300
1,811,400
0
2,023,100
0
0
0
0
0
0
0
00000002,023,10001,811,4001,736,3001,669,60001,606,9001,513,3001,445,9001,499,3001,418,9001,370,2001,431,4001,433,3001,301,4001,265,2001,409,5001,425,8001,302,6001,268,100930,300961,400881,000843,700901,700871,900834,900958,900926,200899,600913,900876,400894,300978,300964,300943,700957,500983,700993,2001,034,2001,088,500964,9001,060,8001,033,0001,002,100995,000975,800951,500919,500913,000894,500873,000856,290852,936853,084839,366000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-45,000
-51,800
-55,000
-57,900
-60,100
-62,400
-65,100
-68,500
-72,100
-76,000
-79,800
-83,400
-87,400
-92,000
-96,300
-99,700
-102,600
-2,400
-3,200
-7,000
-8,575
2,766
2,192
13,231
13,067
20,353
16,145
20,539
17,024
27,133
19,105
29,453
28,695
14,522
13,636
16,013
-2,709
5,755
-440
-4,857
-6,422
-7,745
-12,935
-12,074
-14,326
-7,555
-1,879
-3,966
-9,661
-4,096
9,005
8,771
16,047
22,303
20,995
43,125
41,940
43,201
49,639
48,562
42,409
54,200
39,100
29,300
37,500
44,200
33,900
43,100
37,700
37,300
39,700
32,700
22,000
-4,900
13,700
24,600
21,500
26,000
22,400
21,800
7,500
13,800
20,300
37,500
29,200
39,200
-16,800
4,600
20,000
24,400
-9,200
-26,700
-36,200
-35,800
-47,400
-19,300
100
26,500
11,600
45,200
56,500
79,500
73,100
57,200
51,800
45,100
3,800
-47,000
-133,900
-171,400
-198,300
-204,200
-159,900
-183,100
-167,200
-145,200
-145,100
-80,300
-91,900
-89,600
-89,600-91,900-80,300-145,100-145,200-167,200-183,100-159,900-204,200-198,300-171,400-133,900-47,0003,80045,10051,80057,20073,10079,50056,50045,20011,60026,500100-19,300-47,400-35,800-36,200-26,700-9,20024,40020,0004,600-16,80039,20029,20037,50020,30013,8007,50021,80022,40026,00021,50024,60013,700-4,90022,00032,70039,70037,30037,70043,10033,90044,20037,50029,30039,10054,20042,40948,56249,63943,20141,94043,12520,99522,30316,0478,7719,005-4,096-9,661-3,966-1,879-7,555-14,326-12,074-12,935-7,745-6,422-4,857-4405,755-2,70916,01313,63614,52228,69529,45319,10527,13317,02420,53916,14520,35313,06713,2312,1922,766-8,575-7,000-3,200-2,400-102,600-99,700-96,300-92,000-87,400-83,400-79,800-76,000-72,100-68,500-65,100-62,400-60,100-57,900-55,000-51,800-45,000000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
478,681
485,853
492,008
499,665
506,200
512,300
522,300
535,600
540,000
545,400
553,700
561,100
581,500
594,100
604,700
659,500
715,400
749,900
776,300
794,400
812,300
844,000
868,300
880,100
897,000
920,500
933,400
952,700
986,400
993,900
1,016,600
1,030,000
1,072,100
1,093,500
1,107,200
1,126,800
1,151,100
1,165,700
1,187,900
1,206,300
1,224,000
1,252,800
1,277,700
1,289,900
1,325,300
1,394,100
1,416,300
1,446,700
1,481,500
1,505,500
0
1,545,900
1,568,900
1,588,600
0
1,626,400
0
0
0
0
0
0
0
00000001,626,40001,588,6001,568,9001,545,90001,505,5001,481,5001,446,7001,416,3001,394,1001,325,3001,289,9001,277,7001,252,8001,224,0001,206,3001,187,9001,165,7001,151,1001,126,8001,107,2001,093,5001,072,1001,030,0001,016,600993,900986,400952,700933,400920,500897,000880,100868,300844,000812,300794,400776,300749,900715,400659,500604,700594,100581,500561,100553,700545,400540,000535,600522,300512,300506,200499,665492,008485,853478,681000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
7,700
0
0
0
8,100
0
0
0
8,700
0
0
0
9,100
9,200
9,300
9,400
9,500
9,500
9,600
9,700
9,700
9,800
10,600
11,700
11,900
12,100
12,700
13,900
14,200
14,300
14,600
16,000
16,100
16,100
16,300
17,800
63,100
73,200
81,100
84,800
90,800
93,500
96,500
106,500
110,700
114,800
121,800
129,700
138,900
149,300
159,600
170,300
176,100
71,900
82,400
91,400
98,904
107,941
125,127
133,434
139,897
153,982
161,535
169,143
903,198
188,348
191,435
193,811
198,713
205,850
216,706
220,039
227,164
231,756
234,629
237,114
240,700
248,511
264,966
269,792
284,395
294,149
317,849
348,929
362,982
408,883
416,622
421,563
431,639
443,644
451,245
456,690
466,427
478,681
485,853
492,008
499,700
506,200
512,300
522,300
535,600
540,000
545,400
553,700
561,100
581,500
1,227,900
1,242,100
659,500
715,400
749,900
776,300
794,400
812,300
844,000
868,300
880,100
897,000
920,500
933,400
952,700
986,400
993,900
1,016,600
1,030,000
1,072,100
1,093,500
1,107,200
1,126,800
1,151,100
1,165,700
1,187,900
1,206,300
1,224,000
1,252,800
1,277,700
1,289,900
1,325,300
1,394,100
1,416,300
1,446,700
1,481,500
1,505,500
1,530,900
1,545,900
1,568,900
1,588,600
1,608,000
1,626,400
1,666,400
1,678,600
1,702,500
1,729,500
1,761,700
1,789,400
1,814,800
1,814,8001,789,4001,761,7001,729,5001,702,5001,678,6001,666,4001,626,4001,608,0001,588,6001,568,9001,545,9001,530,9001,505,5001,481,5001,446,7001,416,3001,394,1001,325,3001,289,9001,277,7001,252,8001,224,0001,206,3001,187,9001,165,7001,151,1001,126,8001,107,2001,093,5001,072,1001,030,0001,016,600993,900986,400952,700933,400920,500897,000880,100868,300844,000812,300794,400776,300749,900715,400659,5001,242,1001,227,900581,500561,100553,700545,400540,000535,600522,300512,300506,200499,700492,008485,853478,681466,427456,690451,245443,644431,639421,563416,622408,883362,982348,929317,849294,149284,395269,792264,966248,511240,700237,114234,629231,756227,164220,039216,706205,850198,713193,811191,435188,348903,198169,143161,535153,982139,897133,434125,127107,94198,90491,40082,40071,900176,100170,300159,600149,300138,900129,700121,800114,800110,700106,50096,50093,50090,80084,80081,10073,20063,10017,80016,30016,10016,10016,00014,60014,30014,20013,90012,70012,10011,90011,70010,6009,8009,7009,7009,6009,5009,5009,4009,3009,2009,1000008,7000008,1000007,700000



5.4. Balance Sheets

Currency in USD. All numbers in thousands.




5.5. Cash Flows

Currency in USD. All numbers in thousands.




5.6. Income Statements

Currency in USD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-05-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue5,278,300
Cost of Revenue-1,479,300
Gross Profit3,799,0003,799,000
 
Operating Income (+$)
Gross Profit3,799,000
Operating Expense-1,624,900
Operating Income2,174,1002,174,100
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,624,900
Selling And Marketing Expenses0
Operating Expense1,624,9001,624,900
 
Net Interest Income (+$)
Interest Income82,700
Interest Expense-37,300
Other Finance Cost-0
Net Interest Income45,400
 
Pretax Income (+$)
Operating Income2,174,100
Net Interest Income45,400
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,218,0002,130,200
EBIT - interestExpense = 2,218,000
2,218,000
1,727,700
Interest Expense37,300
Earnings Before Interest and Taxes (EBIT)2,255,3002,255,300
Earnings Before Interest and Taxes (EBITDA)2,431,800
 
After tax Income (+$)
Income Before Tax2,218,000
Tax Provision-527,600
Net Income From Continuing Ops1,690,4001,690,400
Net Income1,690,400
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,104,200
Total Other Income/Expenses Net43,900-45,400
 

Technical Analysis of Paychex
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Paychex. The general trend of Paychex is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Paychex's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Paychex Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Paychex Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 161.24.

The bearish price targets are: 145.11 > 136.88 > 134.64.

Know someone who trades $PAYX? Share this with them.👇

Paychex Inc Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Paychex Inc. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Paychex Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Paychex Inc. The current macd is -2.35230399.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Paychex price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Paychex. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Paychex price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Paychex Inc Daily Moving Average Convergence/Divergence (MACD) ChartPaychex Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Paychex Inc. The current adx is 23.88.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Paychex shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Paychex Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Paychex Inc. The current sar is 137.35.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Paychex Inc Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Paychex Inc. The current rsi is 44.78. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Paychex Inc Daily Relative Strength Index (RSI) ChartPaychex Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Paychex Inc. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Paychex price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Paychex Inc Daily Stochastic Oscillator ChartPaychex Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Paychex Inc. The current cci is -54.42145732.

Paychex Inc Daily Commodity Channel Index (CCI) ChartPaychex Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Paychex Inc. The current cmo is -8.16799219.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Paychex Inc Daily Chande Momentum Oscillator (CMO) ChartPaychex Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Paychex Inc. The current willr is -43.11899622.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Paychex is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Paychex Inc Daily Williams %R ChartPaychex Inc Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Paychex Inc.

Paychex Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Paychex Inc. The current atr is 3.32607017.

Paychex Inc Daily Average True Range (ATR) ChartPaychex Inc Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Paychex Inc. The current obv is 60,394,073.

Paychex Inc Daily On-Balance Volume (OBV) ChartPaychex Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Paychex Inc. The current mfi is 49.70.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Paychex Inc Daily Money Flow Index (MFI) ChartPaychex Inc Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Paychex Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-31CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-01STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Paychex Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Paychex Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.776
Ma 20Greater thanMa 50150.506
Ma 50Greater thanMa 100151.655
Ma 100Greater thanMa 200149.814
OpenGreater thanClose146.300
Total2/5 (40.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Paychex with someone you think should read this too:
  • Are you bullish or bearish on Paychex? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Paychex? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Paychex Inc

I send you an email if I find something interesting about Paychex Inc.


Comments

How you think about this?

Leave a comment

Stay informed about Paychex Inc.

Receive notifications about Paychex Inc in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.