PAYXNasdaqServices-Engineering, Accounting, Research, ManagementFiscal year ends May 31
PAYCHEX INC
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 24, 2026
$110.75−0.88 (-0.79%)
Close on Oct 19, 2026
- Market cap
- $39.49B
- P/E (TTM)
- 22.0
- Dividend yield
- 4.00%
Paychex statistics
Financials through Aug 31, 2026, price as of Oct 19, 2026, median of Services-Engineering, Accounting, Research, Management companies for comparison
Valuation
| Measure | Paychex | Industry median |
|---|---|---|
| Market Cap | $39.42B | $74.60M |
| Enterprise Value | $43.05B | $56.72M |
| PE Ratio | 21.97 | 25.83 |
| PS Ratio | 5.97 | 3.25 |
| PB Ratio | 10.64 | 3.13 |
| P/FCF Ratio | 19.55 | 20.60 |
| P/OCF Ratio | 17.51 | 15.81 |
Enterprise value
| Measure | Paychex | Industry median |
|---|---|---|
| EV / Sales | 6.52 | 2.79 |
| EV / EBITDA | 14.20 | 15.81 |
| EV / EBIT | 16.64 | 22.04 |
| EV / FCF | 21.35 | 21.35 |
Income (trailing twelve months)
| Measure | Paychex | Industry median |
|---|---|---|
| Revenue | $6.60B | $24.74M |
| Gross Profit | $4.91B | $19.54M |
| Operating Income | $2.59B | -$55.64K |
| Pretax Income | $2.38B | $45.62K |
| Net Income | $1.81B | -$97.64K |
| EBITDA | $3.03B | -$29.48K |
| EPS (Diluted) | $5.04 | $0.00 |
Margins
| Measure | Paychex | Industry median |
|---|---|---|
| Gross Margin | 74.4% | 40.4% |
| Operating Margin | 39.2% | 0.94% |
| Pretax Margin | 36.0% | 2.64% |
| Profit Margin | 27.4% | 0.51% |
| EBITDA Margin | 45.9% | 3.48% |
| FCF Margin | 30.5% | 5.05% |
Returns
| Measure | Paychex | Industry median |
|---|---|---|
| Return on Equity (ROE) | 47.1% | 0.45% |
| Return on Assets (ROA) | 11.2% | -3.47% |
| Return on Invested Capital (ROIC) | 26.9% | 2.85% |
| Return on Capital Employed (ROCE) | 27.8% | 2.03% |
Growth
| Measure | Paychex | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 14.0% | 4.26% |
| Net Income Growth (YoY) | 11.9% | -0.74% |
| EPS Growth (YoY) | 13.3% | 9.14% |
| FCF Growth (YoY) | 8.36% | -10.5% |
| Revenue Growth (3Y CAGR) | 9.15% | 2.15% |
| Revenue Growth (5Y CAGR) | 9.93% | 7.37% |
| EPS Growth (3Y CAGR) | 4.38% | 6.08% |
| EPS Growth (5Y CAGR) | 10.0% | 9.81% |
Balance sheet
| Measure | Paychex | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $934.20M | $5.43M |
| Total Debt | $4.56B | $85.44M |
| Net Cash (Debt) | -$3.62B | $17.62K |
| Net Cash Per Share | -$10.18 | $0.00 |
| Equity (Book Value) | $3.71B | $10.50M |
| Book Value Per Share | $10.41 | $0.60 |
| Tangible Book Value | -$2.45B | -$78.36K |
| Working Capital | $1.75B | $2.78M |
Financial position
| Measure | Paychex | Industry median |
|---|---|---|
| Current Ratio | 1.28 | 1.26 |
| Quick Ratio | 0.15 | 0.65 |
| Debt / Equity | 1.23 | 0.45 |
| Debt / EBITDA | 1.50 | 2.59 |
| Debt / FCF | 2.26 | 3.29 |
| Net Debt / EBITDA | 1.20 | 1.99 |
| Interest Coverage | 9.71 | -0.23 |
Cash flow (trailing twelve months)
| Measure | Paychex | Industry median |
|---|---|---|
| Operating Cash Flow | $2.25B | $8.04K |
| Capital Expenditures | -$235.10M | -$8.33M |
| Free Cash Flow | $2.02B | $11.03M |
| FCF Per Share | $5.67 | $0.76 |
Efficiency
| Measure | Paychex | Industry median |
|---|---|---|
| Asset Turnover | 0.41 | 0.83 |
| Revenue Per Employee | $375.14K | $216.23K |
| Profits Per Employee | $102.61K | -$3.19K |
| Employee Count | 17,600 | 123 |
Dividends and yields
| Measure | Paychex | Industry median |
|---|---|---|
| Earnings Yield | 4.58% | -0.97% |
| FCF Yield | 5.12% | 3.90% |
| Dividend Yield | 4.00% | 1.80% |
| Buyback Yield | 1.14% | 1.36% |
| Shareholder Yield | 5.14% | 1.65% |
| Dividend Per Share | $4.43 | $0.52 |
| Dividend Growth (YoY) | 10.2% | 7.42% |
| Years of Dividend Growth | 11 | 1 |
| Payout Ratio | 90.0% | 43.9% |
| FCF Payout Ratio | 80.6% | 30.1% |
Shares
| Measure | Paychex | Industry median |
|---|---|---|
| Shares Outstanding | 355,980,000 | 29,217,800 |
| Shares Change (YoY) | -0.91% | 0.84% |
| Shares Change (QoQ) | 0.11% | 0.00% |
| Float | 319,851,000 | 26,226,050 |
| Shares Held by Insiders | 10.1% | 4.85% |
| Shares Held by Institutions | 83.3% | 83.3% |
Taxes
| Measure | Paychex | Industry median |
|---|---|---|
| Income Tax | $572.40M | $1.36M |
| Effective Tax Rate | 24.1% | 23.6% |
Scores
| Measure | Paychex | Industry median |
|---|---|---|
| Graham Number | $34.36 | $16.51 |
| Graham Upside | -69.0% | -50.2% |
| Altman Z-Score | 3.24 | 2.66 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Paychex's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.