Paychex, Inc.PAYX
NasdaqGS•Technology•Software - Application
Understand cash generation quality and how management allocates capital.
Free cash flow was $761.50M in the latest quarter (14.1% increase YoY). FCF margin is 12.0%. Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation