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Midas Edge

PAYCHEX INC

For the period ended May 31, 2024. Filed Jul 11, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jul 11, 2024

PAYX$114.76-2.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Table of Contents

INDEX TO FORM 10-K

For the fiscal year ended May 31, 2024

DescriptionPage
PART I
Cautionary Note Regarding Forward-Looking Statements1
Item 1Business3
Item 1ARisk Factors11
Item 1BUnresolved Staff Comments16
Item 1CCybersecurity17
Item 2Properties18
Item 3Legal Proceedings18
Item 4Mine Safety Disclosures18
PART II
Item 5Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities19
Item 6[Reserved]21
Item 7Management’s Discussion and Analysis of Financial Condition and Results of Operations22
Item 7AQuantitative and Qualitative Disclosures About Market Risk35
Item 8Financial Statements and Supplementary Data37
Item 9Changes in and Disagreements with Accountants on Accounting and Financial Disclosure72
Item 9AControls and Procedures72
Item 9BOther Information72
Item 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections72
PART III
Item 10Directors, Executive Officers and Corporate Governance73
Item 11Executive Compensation74
Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters75
Item 13Certain Relationships and Related Transactions, and Director Independence75
Item 14Principal Accounting Fees and Services75
PART IV
Item 15Exhibits and Financial Statement Schedules76
Signatures79

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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.