Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : $3.85 Billion USD

According to Paychex's latest financial reports the company has $3.85 Billion USD 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	$$3.49 B	13.22%
2022-05-31	$$3.08 B	4.65%
2021-05-31	$$2.94 B	5.99%
2020-05-31	$$2.78 B	6.18%
2019-05-31	$$2.61 B	11.15%
2018-05-31	$$2.35 B	20.53%
2017-05-31	$$1.95 B	2.28%
2016-05-31	$$1.91 B	7.07%
2015-05-31	$$1.78 B	0.48%
2014-05-31	$$1.77 B	0.19%
2013-05-31	$$1.77 B	10.55%
2012-05-31	$$1.60 B	7.24%
2011-05-31	$$1.49 B	6.72%
2010-05-31	$$1.40 B	4.51%
2009-05-31	$$1.34 B	12.1%
2008-05-31	$$1.19 B	-38.7%
2007-05-31	$$1.95 B	17.97%
2006-05-31	$$1.65 B	19.42%
2005-05-31	$$1.38 B	15.48%
2004-05-31	$$1.19 B	11.38%
2003-05-31	$$1.07 B	16.6%
2002-05-31	$$0.92 B	21.92%
2001-05-31	$$0.75 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	$5.34 B	38.91%	🇺🇸 USA
Intuit INTU	$18.43 B	378.81%	🇺🇸 USA
Equifax EFX	$5.04 B	31.07%	🇺🇸 USA
Insperity NSP	$0.12 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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