Paychex Inc (FRA:PCX)
€ 85.79 +2.84 (+3.42%) Market Cap: 30.11 Bil Enterprise Value: 33.17 Bil PE Ratio: 22.33 PB Ratio: 9.05 GF Score: 84/100

Paychex Inc at Nasdaq London Investor Conference Transcript

Dec 10, 2025 / 09:00AM GMT
Release Date Price: €98.21 (+2.06%)
James Faucette
Morgan Stanley - Analyst

All right. I think we've gotten the people that want to leave out, and we'll get the people who are coming in, still coming in as I get started here. So thanks, everybody, for joining us here at the Nasdaq Conference and appreciate their partnership with us here at Morgan Stanley to put on this event. It's always a great time. And certainly, enjoy having the companies that come over to visit, including the senior management here from Paychex.

I'm James Faucette, Senior Fintech Analyst at Morgan Stanley, and I'm very pleased today to have John Gibson, CEO of Paychex as well as Bob Schrader, CFO of Paychex.

Questions & Answers

James Faucette
Morgan Stanley - Analyst

Obviously, time is short, and these go quick. So I guess without any further ado, John, Bob, pretty interesting start to the week. We know that you've got earnings coming up, but you had some AI-related announcements that certainly is a topic in every conversation that we're having today. Why don't you kind of talk to us about some of your

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