Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
99.90
+3.18 (3.29%)
At close: Jun 26, 2026, 4:00 PM EDT
98.23
-1.67 (-1.67%)
After-hours: Jun 26, 2026, 7:14 PM EDT

Paychex Statistics

Total Valuation

Paychex has a market cap or net worth of $35.52 billion. The enterprise value is $39.01 billion.

Market Cap 35.52B
Enterprise Value 39.01B

Important Dates

The last earnings date was Wednesday, June 24, 2026, before market open.

Earnings Date Jun 24, 2026
Ex-Dividend Date May 13, 2026

Share Statistics

Paychex has 355.60 million shares outstanding. The number of shares has decreased by -0.55% in one year.

Current Share Class 355.60M
Shares Outstanding 355.60M
Shares Change (YoY) -0.55%
Shares Change (QoQ) -0.36%
Owned by Insiders (%) 10.31%
Owned by Institutions (%) 82.95%
Float 318.66M

Valuation Ratios

The trailing PE ratio is 20.43 and the forward PE ratio is 16.74.

PE Ratio 20.43
Forward PE 16.74
PS Ratio 5.46
Forward PS 5.18
PB Ratio 9.51
P/TBV Ratio n/a
P/FCF Ratio 15.30
P/OCF Ratio 13.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.94, with an EV/FCF ratio of 16.80.

EV / Earnings 22.16
EV / Sales 5.99
EV / EBITDA 12.94
EV / EBIT 15.16
EV / FCF 16.80

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 1.23.

Current Ratio 1.26
Quick Ratio 0.49
Debt / Equity 1.23
Debt / EBITDA 1.51
Debt / FCF 1.98
Interest Coverage 9.55

Financial Efficiency

Return on equity (ROE) is 44.77% and return on invested capital (ROIC) is 27.09%.

Return on Equity (ROE) 44.77%
Return on Assets (ROA) 9.82%
Return on Invested Capital (ROIC) 27.09%
Return on Capital Employed (ROCE) 27.56%
Weighted Average Cost of Capital (WACC) 8.29%
Revenue Per Employee $342,737
Profits Per Employee $92,637
Employee Count 19,000
Asset Turnover 0.40
Inventory Turnover n/a

Taxes

In the past 12 months, Paychex has paid $550.80 million in taxes.

Income Tax 550.80M
Effective Tax Rate 23.83%

Stock Price Statistics

The stock price has decreased by -27.58% in the last 52 weeks. The beta is 0.82, so Paychex's price volatility has been lower than the market average.

Beta (5Y) 0.82
52-Week Price Change -27.58%
50-Day Moving Average 95.42
200-Day Moving Average 105.77
Relative Strength Index (RSI) 55.71
Average Volume (20 Days) 3,890,458

Short Selling Information

The latest short interest is 20.62 million, so 5.80% of the outstanding shares have been sold short.

Short Interest 20.62M
Short Previous Month 20.01M
Short % of Shares Out 5.80%
Short % of Float 6.47%
Short Ratio (days to cover) 6.86

Income Statement

In the last 12 months, Paychex had revenue of $6.51 billion and earned $1.76 billion in profits. Earnings per share was $4.89.

Revenue 6.51B
Gross Profit 4.84B
Operating Income 2.57B
Pretax Income 2.31B
Net Income 1.76B
EBITDA 3.02B
EBIT 2.57B
Earnings Per Share (EPS) $4.89
Full Income Statement

Balance Sheet

The company has $1.12 billion in cash and $4.61 billion in debt, giving a net cash position of -$3.48 billion or -$9.80 per share.

Cash & Cash Equivalents 1.12B
Total Debt 4.61B
Net Cash -3.48B
Net Cash Per Share -$9.80
Equity (Book Value) 3.74B
Book Value Per Share 10.50
Working Capital 1.77B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.56 billion and capital expenditures -$234.90 million, giving a free cash flow of $2.32 billion.

Operating Cash Flow 2.56B
Capital Expenditures -234.90M
Depreciation & Amortization 442.60M
Net Borrowing -418.80M
Free Cash Flow 2.32B
FCF Per Share $6.53
Full Cash Flow Statement

Margins

Gross margin is 74.29%, with operating and profit margins of 39.51% and 27.03%.

Gross Margin 74.29%
Operating Margin 39.51%
Pretax Margin 35.49%
Profit Margin 27.03%
EBITDA Margin 46.30%
EBIT Margin 39.51%
FCF Margin 35.65%

Dividends & Yields

This stock pays an annual dividend of $4.76, which amounts to a dividend yield of 4.76%.

Dividend Per Share $4.76
Dividend Yield 4.76%
Dividend Growth (YoY) 10.20%
Years of Dividend Growth 12
Payout Ratio 90.59%
Buyback Yield 0.55%
Shareholder Yield 5.47%
Earnings Yield 4.95%
FCF Yield 6.54%
Dividend Details

Analyst Forecast

The average price target for Paychex is $105.93, which is 6.04% higher than the current price. The consensus rating is "Hold".

Price Target $105.93
Price Target Difference 6.04%
Analyst Consensus Hold
Analyst Count 18
Revenue Growth Forecast (3Y) 5.32%
EPS Growth Forecast (3Y) 7.05%
Stock Forecasts

Stock Splits

The last stock split was on May 23, 2000. It was a forward split with a ratio of 1.5:1.

Last Split Date May 23, 2000
Split Type Forward
Split Ratio 1.5:1

Scores

Paychex has an Altman Z-Score of 3.24 and a Piotroski F-Score of 5.

Altman Z-Score 3.24
Piotroski F-Score 5