Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $38.48 billion. The enterprise value is $41.99 billion.
| Market Cap | 38.48B |
| Enterprise Value | 41.99B |
Important Dates
The last earnings date was Friday, December 19, 2025, before market open.
| Earnings Date | Dec 19, 2025 |
| Ex-Dividend Date | Jan 28, 2026 |
Share Statistics
Paychex has 358.97 million shares outstanding. The number of shares has decreased by -0.04% in one year.
| Current Share Class | 358.97M |
| Shares Outstanding | 358.97M |
| Shares Change (YoY) | -0.04% |
| Shares Change (QoQ) | -0.41% |
| Owned by Insiders (%) | 10.38% |
| Owned by Institutions (%) | 77.93% |
| Float | 321.39M |
Valuation Ratios
The trailing PE ratio is 24.25 and the forward PE ratio is 18.85.
| PE Ratio | 24.25 |
| Forward PE | 18.85 |
| PS Ratio | 6.40 |
| Forward PS | 5.65 |
| PB Ratio | 9.92 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.28 |
| P/OCF Ratio | 17.31 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.64, with an EV/FCF ratio of 21.04.
| EV / Earnings | 26.32 |
| EV / Sales | 6.96 |
| EV / EBITDA | 14.64 |
| EV / EBIT | 16.66 |
| EV / FCF | 21.04 |
Financial Position
The company has a current ratio of 1.27, with a Debt / Equity ratio of 1.30.
| Current Ratio | 1.27 |
| Quick Ratio | 0.50 |
| Debt / Equity | 1.30 |
| Debt / EBITDA | 1.74 |
| Debt / FCF | 2.52 |
| Interest Coverage | 11.30 |
Financial Efficiency
Return on equity (ROE) is 40.88% and return on invested capital (ROIC) is 22.99%.
| Return on Equity (ROE) | 40.88% |
| Return on Assets (ROA) | 11.64% |
| Return on Invested Capital (ROIC) | 22.99% |
| Return on Capital Employed (ROCE) | 26.59% |
| Revenue Per Employee | $317,574 |
| Profits Per Employee | $83,984 |
| Employee Count | 19,000 |
| Asset Turnover | 0.45 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $497.10 million in taxes.
| Income Tax | 497.10M |
| Effective Tax Rate | 23.75% |
Stock Price Statistics
The stock price has decreased by -26.73% in the last 52 weeks. The beta is 0.90, so Paychex's price volatility has been similar to the market average.
| Beta (5Y) | 0.90 |
| 52-Week Price Change | -26.73% |
| 50-Day Moving Average | 112.02 |
| 200-Day Moving Average | 133.39 |
| Relative Strength Index (RSI) | 36.19 |
| Average Volume (20 Days) | 2,486,980 |
Short Selling Information
The latest short interest is 17.52 million, so 4.88% of the outstanding shares have been sold short.
| Short Interest | 17.52M |
| Short Previous Month | 14.71M |
| Short % of Shares Out | 4.88% |
| Short % of Float | 5.45% |
| Short Ratio (days to cover) | 4.74 |
Income Statement
In the last 12 months, Paychex had revenue of $6.03 billion and earned $1.60 billion in profits. Earnings per share was $4.42.
| Revenue | 6.03B |
| Gross Profit | 4.43B |
| Operating Income | 2.52B |
| Pretax Income | 2.09B |
| Net Income | 1.60B |
| EBITDA | 2.87B |
| EBIT | 2.52B |
| Earnings Per Share (EPS) | $4.42 |
Balance Sheet
The company has $1.52 billion in cash and $5.04 billion in debt, with a net cash position of -$3.51 billion or -$9.79 per share.
| Cash & Cash Equivalents | 1.52B |
| Total Debt | 5.04B |
| Net Cash | -3.51B |
| Net Cash Per Share | -$9.79 |
| Equity (Book Value) | 3.88B |
| Book Value Per Share | 10.81 |
| Working Capital | 1.87B |
Cash Flow
In the last 12 months, operating cash flow was $2.22 billion and capital expenditures -$227.20 million, giving a free cash flow of $2.00 billion.
| Operating Cash Flow | 2.22B |
| Capital Expenditures | -227.20M |
| Free Cash Flow | 2.00B |
| FCF Per Share | $5.56 |
Margins
Gross margin is 73.36%, with operating and profit margins of 41.77% and 26.45%.
| Gross Margin | 73.36% |
| Operating Margin | 41.77% |
| Pretax Margin | 34.68% |
| Profit Margin | 26.45% |
| EBITDA Margin | 47.52% |
| EBIT Margin | 41.77% |
| FCF Margin | 33.08% |
Dividends & Yields
This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 4.02%.
| Dividend Per Share | $4.32 |
| Dividend Yield | 4.02% |
| Dividend Growth (YoY) | 10.18% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 95.47% |
| Buyback Yield | 0.04% |
| Shareholder Yield | 4.07% |
| Earnings Yield | 4.15% |
| FCF Yield | 5.19% |
Analyst Forecast
The average price target for Paychex is $131.23, which is 22.43% higher than the current price. The consensus rating is "Hold".
| Price Target | $131.23 |
| Price Target Difference | 22.43% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 8.59% |
| EPS Growth Forecast (5Y) | 10.03% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 3.57 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.57 |
| Piotroski F-Score | 5 |