Paychex Inc (PAYX) stock
Close on Nov 13, 2026Market cap $41.18BP/E 23.0Yield 3.83%
Paychex Inc grew revenue 14.0% to $6.60B over the twelve months to Aug 31, 2026. Operating income rose 17.5% to $2.59B, moving the operating margin from 38.0% to 39.2%. Free cash flow was $2.02B, up 8.4% from a year earlier. At the latest close the market valued the company at $41.18B, 23.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Aug 31, 2026
Valuation
- Market cap
- $41.18B
- P/E ratio
- 23.0
- Price to sales
- 6.24
- Price to book
- 11.11
- Dividend yield
- 3.83%
- Free cash flow yield
- 4.90%
Fundamentals
- Revenue
- $6.60B
- Net income
- $1.81B
- EPS, diluted
- $5.04
- Free cash flow
- $2.02B
- Book value per share
- $10.39
- Diluted shares
- 357M
Trading
- Next earnings
- Dec 18, 2026 (estimated, before the open)
- Previous close
- $115.18
- Open
- $116.83
- Day's range
- $115.46 – $116.89
- Volume
- 1,295,443
- Average volume (20 days)
- 2,789,854
- Index membership
- S&P 500, Nasdaq-100, Russell 1000, Russell 3000
- Beta (5 years)
- 0.75
- 52-week range
- $85.45 – $127.98
- RSI (14 days)
- 55.1
- Volatility (1 year)
- 30.9%
- Relative volume
- 0.44×
- WACC
- 8.4%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, QQQ, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | PAYX | S&P 500 | Difference | PAYX per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +10.0% | -3.0% | +13.0 pts | ||
| 3 months | -6.8% | -2.8% | −4.0 pts | ||
| Year to date | +7.7% | +11.5% | −3.8 pts | ||
| 1 year | +8.1% | +13.5% | −5.4 pts | ||
| 3 years | +12.2% | +77.7% | −65.5 pts | +3.9% | +21.1% |
| 5 years | +8.9% | +72.6% | −63.7 pts | +1.7% | +11.5% |
| 10 years | +179.0% | +308.2% | −129.2 pts | +10.8% | +15.1% |
Fifteen years at a glance
Fiscal years 2012 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Paychex filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- News
- News
- Results
About Paychex
Services-Engineering, Accounting, Research, Management
Paychex, Inc. delivers human capital management technology and advisory services across human resources, payroll processing, employee benefits, and business insurance. The company operates through core offerings that include proprietary software platforms such as SurePayroll, Paychex Flex, and Paycor, along with administrative services organization and professional employer organization solutions. Its platforms address the full employee life cycle by providing tools for talent acquisition, performance management, time and attendance tracking, benefits administration, retirement recordkeeping, and small business financing. Paychex markets these solutions to diverse business clients ranging from small firms to large organizations across multiple commercial industries.
Company profile, executives and historyPaychex stock: common questions
What is Paychex's stock price?
PAYX closed at $115.68 on Nov 13, 2026, up 0.43% on the day. Over the past 52 weeks it traded between $85.45 and $127.98.
What is Paychex's market cap?
Paychex was worth $41.18B at the close on Nov 13, 2026: the share price times the diluted shares outstanding.
What is PAYX's P/E ratio?
PAYX trades at 23.0 times earnings, based on diluted earnings per share of $5.04 over the twelve months to Aug 31, 2026.
How much revenue does Paychex make?
Paychex reported revenue of $6.60B for the twelve months to Aug 31, 2026, up 14.0% from a year earlier.
Does Paychex pay a dividend?
Yes. Paychex paid $4.43 per share over the last twelve months, a yield of 3.83% at the latest price, and has raised its annual dividend 15 years in a row.
When does Paychex report earnings next?
Paychex is expected to report Q2 FY2027 results on Dec 18, 2026, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has PAYX stock performed over the past year?
Including dividends, PAYX returned +8.1% over the past year, against +13.5% for the S&P 500.
How many PAYX shares are sold short?
20M shares were sold short at the latest FINRA report, 6.21% of the float, or 6.6 days of average trading volume.
Who are Paychex's competitors?
Companies most similar to Paychex by business, industry and size include TNET, NSP, G, PAYC, PCTY.
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