Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : €3.65 Billion

According to Paychex's latest financial reports the company has €3.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Paychex - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$€3.25 B	13.65%
2022-05-31	$€2.86 B	18.41%
2021-05-31	$€2.41 B	-3.44%
2020-05-31	$€2.50 B	6.43%
2019-05-31	$€2.35 B	16.5%
2018-05-31	$€2.02 B	15.41%
2017-05-31	$€1.75 B	2.07%
2016-05-31	$€1.71 B	5.56%
2015-05-31	$€1.62 B	24.69%
2014-05-31	$€1.30 B	-4.19%
2013-05-31	$€1.35 B	4.87%
2012-05-31	$€1.29 B	24.12%
2011-05-31	$€1.04 B	-8.44%
2010-05-31	$€1.14 B	18.36%
2009-05-31	$€0.96 B	25.19%
2008-05-31	$€0.77 B	-46.92%
2007-05-31	$€1.45 B	12.36%
2006-05-31	$€1.29 B	14.69%
2005-05-31	$€1.12 B	14.45%
2004-05-31	$€0.98 B	8.53%
2003-05-31	$€0.90 B	-8.16%
2002-05-31	$€0.98 B	11.56%
2001-05-31	$€0.88 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	€5.07 B	38.91%	🇺🇸 USA
Intuit INTU	€17.50 B	378.81%	🇺🇸 USA
Equifax EFX	€4.79 B	31.07%	🇺🇸 USA
Insperity NSP	€0.11 B	-96.75%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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