The company said total revenue for fiscal 2024, which ended on May 31, 2024, rose 5% to $5,278.3 million, operating income rose 7% to $2,174.1 million, and diluted EPS rose 9% to $4.67.

1. 01

   The company said total revenue for fiscal 2024, which ended on May 31, 2024, rose 5% to $5,278.3 million, operating income rose 7% to $2,174.1 million, and diluted EPS rose 9% to $4.67.

2. 02

   Paychex said operating income for Q4 was $481.8 million and adjusted operating income was $521.3 million, with adjusted operating margin at 40.2%. It said the adjustments consisted of one-time cost optimization initiative costs of $39.5 million.

3. 03

   The company said cash flow from operations for fiscal 2024 was $1.9 billion. It also said it paid dividends of $1.3 billion and repurchased 1.5 million shares for $169.2 million.

4. 04

   The company said its outlook for fiscal 2025 calls for total revenue growth of 4.0% to 5.5%, adjusted diluted EPS growth of 5% to 7%, and an operating margin of 42% to 43%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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