As can be seen in the table below, Payroll Processing and HR Outsourcing & Services can add revenues in excess of $400 million over the next five years for Paychex. Pricing increases will likely be the biggest contributor towards revenue growth for both divisions, though an increase in its client base will contribute as well.
- How Much Will Paychex’s Revenue Grow in the Next 2 Years?
- Is The Market Pricing Paychex Fairly?
- Key Takeaways From Paychex’s Q1 FY’19 Earnings
- What To Expect From Paychex’s Q1 Earnings
- Key Takeaways From Paychex Inc.’s Q3 Earnings
- Paychex Earnings: Strong HR Outsourcing Growth And Improving Interest Rates Boost Results
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap
More Trefis Research