Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $57.38 billion. The enterprise value is $56.64 billion.
| Market Cap | 57.38B |
| Enterprise Value | 56.64B |
Important Dates
The next estimated earnings date is Wednesday, June 25, 2025, before market open.
| Earnings Date | Jun 25, 2025 |
| Ex-Dividend Date | May 12, 2025 |
Share Statistics
Paychex has 360.19 million shares outstanding. The number of shares has decreased by -0.10% in one year.
| Current Share Class | 360.19M |
| Shares Outstanding | 360.19M |
| Shares Change (YoY) | -0.10% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 10.55% |
| Owned by Institutions (%) | 79.60% |
| Float | 321.89M |
Valuation Ratios
The trailing PE ratio is 33.12 and the forward PE ratio is 30.18. Paychex's PEG ratio is 3.61.
| PE Ratio | 33.12 |
| Forward PE | 30.18 |
| PS Ratio | 10.55 |
| Forward PS | 9.63 |
| PB Ratio | 13.94 |
| P/TBV Ratio | 27.81 |
| P/FCF Ratio | 35.73 |
| P/OCF Ratio | 32.26 |
| PEG Ratio | 3.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.33, with an EV/FCF ratio of 35.27.
| EV / Earnings | 32.55 |
| EV / Sales | 10.41 |
| EV / EBITDA | 23.33 |
| EV / EBIT | 25.08 |
| EV / FCF | 35.27 |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.21.
| Current Ratio | 1.39 |
| Quick Ratio | 0.60 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | 0.35 |
| Debt / FCF | 0.54 |
| Interest Coverage | 44.11 |
Financial Efficiency
Return on equity (ROE) is 44.25% and return on invested capital (ROIC) is 29.42%.
| Return on Equity (ROE) | 44.25% |
| Return on Assets (ROA) | 11.64% |
| Return on Invested Capital (ROIC) | 29.42% |
| Return on Capital Employed (ROCE) | 41.65% |
| Revenue Per Employee | $327,681 |
| Profits Per Employee | $104,819 |
| Employee Count | 16,600 |
| Asset Turnover | 0.45 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $538.40 million in taxes.
| Income Tax | 538.40M |
| Effective Tax Rate | 23.63% |
Stock Price Statistics
The stock price has increased by +31.04% in the last 52 weeks. The beta is 0.91, so Paychex's price volatility has been similar to the market average.
| Beta (5Y) | 0.91 |
| 52-Week Price Change | +31.04% |
| 50-Day Moving Average | 150.63 |
| 200-Day Moving Average | 143.92 |
| Relative Strength Index (RSI) | 66.45 |
| Average Volume (20 Days) | 1,463,782 |
Short Selling Information
The latest short interest is 13.82 million, so 3.84% of the outstanding shares have been sold short.
| Short Interest | 13.82M |
| Short Previous Month | 14.00M |
| Short % of Shares Out | 3.84% |
| Short % of Float | 4.29% |
| Short Ratio (days to cover) | 7.73 |
Income Statement
In the last 12 months, Paychex had revenue of $5.44 billion and earned $1.74 billion in profits. Earnings per share was $4.81.
| Revenue | 5.44B |
| Gross Profit | 3.92B |
| Operating Income | 2.26B |
| Pretax Income | 2.22B |
| Net Income | 1.74B |
| EBITDA | 2.43B |
| EBIT | 2.26B |
| Earnings Per Share (EPS) | $4.81 |
Balance Sheet
The company has $1.60 billion in cash and $863.70 million in debt, giving a net cash position of $737.30 million or $2.05 per share.
| Cash & Cash Equivalents | 1.60B |
| Total Debt | 863.70M |
| Net Cash | 737.30M |
| Net Cash Per Share | $2.05 |
| Equity (Book Value) | 4.12B |
| Book Value Per Share | 11.43 |
| Working Capital | 2.28B |
Cash Flow
In the last 12 months, operating cash flow was $1.78 billion and capital expenditures -$172.60 million, giving a free cash flow of $1.61 billion.
| Operating Cash Flow | 1.78B |
| Capital Expenditures | -172.60M |
| Free Cash Flow | 1.61B |
| FCF Per Share | $4.46 |
Margins
Gross margin is 72.03%, with operating and profit margins of 41.52% and 31.99%.
| Gross Margin | 72.03% |
| Operating Margin | 41.52% |
| Pretax Margin | 41.89% |
| Profit Margin | 31.99% |
| EBITDA Margin | 44.63% |
| EBIT Margin | 41.52% |
| FCF Margin | 29.53% |
Dividends & Yields
This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 2.71%.
| Dividend Per Share | $4.32 |
| Dividend Yield | 2.71% |
| Dividend Growth (YoY) | 10.14% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 89.81% |
| Buyback Yield | 0.10% |
| Shareholder Yield | 2.81% |
| Earnings Yield | 3.03% |
| FCF Yield | 2.80% |
Analyst Forecast
The average price target for Paychex is $143.45, which is -9.96% lower than the current price. The consensus rating is "Hold".
| Price Target | $143.45 |
| Price Target Difference | -9.96% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 5.95% |
| EPS Growth Forecast (5Y) | 6.26% |
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 5.71 and a Piotroski F-Score of 7.
| Altman Z-Score | 5.71 |
| Piotroski F-Score | 7 |