Financial Statements

Paychex, Inc. (PCX.DE)

104.8 €

-1.40 (-1.32%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 1,4461,4311,410930-
Net Income 1,3931,0981,0981,034934
Stock Dividends -170-174-187272736
Dividend Paid -1,000-909-889-827-740
Retained Earnings 1,6701,4461,4311,410930

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 499522409394-
Annual Depreciation 11491241139548
Capital Expenditure -133-115-127-124-154
Net PPE 480499522409394

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -8141,7831,7911,821
New Purchases -50,220-35,146-25,218-6,090-17,808
Intangible and Goodwill 8141,7831,7911,8211,832

Paychex, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Paychex, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.