Paychex, Inc. (PAYX)
Stock Price Chart
Key Info
| Market Cap | 30.19B |
| Revenue (ttm) | 3.98B |
| Net Income (ttm) | 1.05B |
| Shares Out | 359.50M |
| EPS (ttm) | 2.90 |
| PE Ratio | 28.96 |
| Forward PE | 29.15 |
| Dividend | $2.48 |
| Dividend Yield | 2.95% |
Stock Quote
| Trading Day | Oct 22, 2020 |
| Last Price | $83.99 |
| Previous Close | $82.62 |
| Change ($) | 1.37 |
| Change (%) | 1.66% |
| Day's Open | 82.70 |
| Day's Range | 82.26 - 84.20 |
| Day's Volume | 1,168,234 |
| 52-Week Range | 47.87 - 90.54 |
More Stats
| Market Cap | 30.19B |
| Enterprise Value | 30.18B |
| Earnings Date (est) | Dec 16, 2020 |
| Ex-Dividend Date | Jul 31, 2020 |
| Shares Outstanding | 359.50M |
| Float | 320.64M |
| EPS (basic) | 2.91 |
| EPS (diluted) | 2.90 |
| FCF / Share | 3.45 |
| Dividend | $2.48 |
| Dividend Yield | 2.95% |
| Earnings Yield | 3.45% |
| FCF Yield | 4.11% |
| Payout Ratio | 85.20% |
| Shares Short | 9.96M |
| Short Ratio | 5.54 |
| Short % of Float | 3.11% |
| Beta | 0.90 |
| PE Ratio | 28.96 |
| Forward PE | 29.15 |
| P/FCF Ratio | 24.35 |
| PS Ratio | 7.59 |
| PB Ratio | 10.60 |
| Revenue | 3.98B |
| Operating Income | 1.40B |
| Net Income | 1.05B |
| Free Cash Flow | 1.24B |
| Net Cash | 19.00M |
| Net Cash / Share | 0.05 |
| Gross Margin | 69.33% |
| Operating Margin | 35.05% |
| Profit Margin | 26.30% |
| FCF Margin | 31.15% |
| ROA | 10.25% |
| ROE | 39.47% |
| ROIC | 68.10% |
Analyst Summary
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,041 | 3,773 | 3,378 | 3,153 | 2,952 | 2,740 | 2,519 | 2,326 | 2,230 | 2,084 |
| Revenue Growth | 7.1% | 11.69% | 7.13% | 6.81% | 7.75% | 8.76% | 8.28% | 4.32% | 6.98% | - |
| Gross Profit | 2,760 | 2,595 | 2,360 | 2,234 | 2,095 | 1,932 | 1,786 | 1,655 | 1,560 | 1,433 |
| Operating Income | 1,461 | 1,371 | 1,292 | 1,254 | 1,147 | 1,054 | 983 | 905 | 854 | 786 |
| Net Income | 1,098 | 1,034 | 994 | 826 | 757 | 675 | 628 | 569 | 548 | 515 |
| Shares Outstanding | 359 | 359 | 359 | 360 | 361 | 363 | 365 | 364 | 362 | 362 |
| Earnings Per Share | 3.04 | 2.86 | 2.75 | 2.28 | 2.09 | 1.85 | 1.71 | 1.56 | 1.51 | 1.42 |
| EPS Growth | 6.29% | 4% | 20.61% | 9.09% | 12.97% | 8.19% | 9.62% | 3.31% | 6.34% | - |
| Dividend Per Share | 2.48 | 2.30 | 2.06 | 1.84 | 1.68 | 1.52 | 1.40 | 1.31 | 1.27 | 1.24 |
| Dividend Growth | 7.83% | 11.65% | 11.96% | 9.52% | 10.53% | 8.57% | 6.87% | 3.15% | 2.42% | - |
| Operating Cash Flow | 1,441 | 1,272 | 1,276 | 960 | 1,018 | 895 | 881 | 675 | 707 | 715 |
| Capital Expenditures | -127 | -124 | -154 | -94.30 | -97.70 | -103 | -84.10 | -98.70 | -89.60 | -101 |
| Free Cash Flow | 1,314 | 1,148 | 1,122 | 866 | 921 | 792 | 797 | 577 | 617 | 615 |
| Cash & Equivalents | 982 | 763 | 424 | 323 | 352 | 537 | 551 | 506 | 316 | 464 |
| Total Debt | 899 | 809 | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 83.40 | -46.20 | 424 | 323 | 352 | 537 | 551 | 506 | 316 | 464 |
| Assets | 8,551 | 8,676 | 7,915 | 6,834 | 6,441 | 6,468 | 6,370 | 6,164 | 6,480 | 5,394 |
| Liabilities | 5,769 | 6,057 | 5,559 | 4,878 | 4,529 | 4,682 | 4,593 | 4,390 | 4,875 | 3,898 |
| Book Value | 2,781 | 2,620 | 2,357 | 1,955 | 1,912 | 1,786 | 1,777 | 1,774 | 1,605 | 1,496 |
Company Profile
Company Details
| Full Name | Paychex, Inc. |
| Country | United States |
| Employees | 15,600 |
| CEO | Martin Mucci |
Stock Information
| Ticker Symbol | PAYX |
| Stock Exchange | NASDAQ |
| Sector | Industrials |
| Industry | Staffing & Employment Services |
| Unique Identifier | NASDAQ: PAYX |
Description
Paychex provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small- to medium-sized businesses in the United States and Europe. The company offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, it provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. The company markets and sells its services primarily through its direct sales force. Paychex, Inc. was founded in 1979 and is headquartered in Rochester, New York.