Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $50.24 billion. The enterprise value is $49.87 billion.
| Market Cap | 50.24B |
| Enterprise Value | 49.87B |
Important Dates
The last earnings date was Thursday, December 19, 2024, before market open.
| Earnings Date | Dec 19, 2024 |
| Ex-Dividend Date | Nov 7, 2024 |
Share Statistics
Paychex has 360.06 million shares outstanding. The number of shares has decreased by -0.15% in one year.
| Current Share Class | 360.06M |
| Shares Outstanding | 360.06M |
| Shares Change (YoY) | -0.15% |
| Shares Change (QoQ) | -0.06% |
| Owned by Insiders (%) | 10.61% |
| Owned by Institutions (%) | 78.08% |
| Float | 321.45M |
Valuation Ratios
The trailing PE ratio is 29.38 and the forward PE ratio is 27.13. Paychex's PEG ratio is 3.87.
| PE Ratio | 29.38 |
| Forward PE | 27.13 |
| PS Ratio | 9.36 |
| Forward PS | 8.71 |
| PB Ratio | 12.80 |
| P/TBV Ratio | 26.92 |
| P/FCF Ratio | 32.00 |
| P/OCF Ratio | 28.97 |
| PEG Ratio | 3.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.89, with an EV/FCF ratio of 31.76.
| EV / Earnings | 29.00 |
| EV / Sales | 9.29 |
| EV / EBITDA | 20.89 |
| EV / EBIT | 22.50 |
| EV / FCF | 31.76 |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.22.
| Current Ratio | 1.39 |
| Quick Ratio | 0.59 |
| Debt / Equity | 0.22 |
| Debt / EBITDA | 0.36 |
| Debt / FCF | 0.55 |
| Interest Coverage | 57.57 |
Financial Efficiency
Return on equity (ROE) is 46.16% and return on invested capital (ROIC) is 30.18%.
| Return on Equity (ROE) | 46.16% |
| Return on Assets (ROA) | 12.26% |
| Return on Capital (ROIC) | 30.18% |
| Revenue Per Employee | $323,482 |
| Profits Per Employee | $103,572 |
| Employee Count | 16,600 |
| Asset Turnover | 0.48 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $532.50 million in taxes.
| Income Tax | 532.50M |
| Effective Tax Rate | 23.65% |
Stock Price Statistics
The stock price has increased by +8.35% in the last 52 weeks. The beta is 0.99, so Paychex's price volatility has been similar to the market average.
| Beta (5Y) | 0.99 |
| 52-Week Price Change | +8.35% |
| 50-Day Moving Average | 142.59 |
| 200-Day Moving Average | 129.44 |
| Relative Strength Index (RSI) | 43.81 |
| Average Volume (20 Days) | 2,179,648 |
Short Selling Information
The latest short interest is 17.33 million, so 4.81% of the outstanding shares have been sold short.
| Short Interest | 17.33M |
| Short Previous Month | 16.64M |
| Short % of Shares Out | 4.81% |
| Short % of Float | 5.39% |
| Short Ratio (days to cover) | 10.71 |
Income Statement
In the last 12 months, Paychex had revenue of $5.37 billion and earned $1.72 billion in profits. Earnings per share was $4.75.
| Revenue | 5.37B |
| Gross Profit | 3.86B |
| Operating Income | 2.22B |
| Pretax Income | 2.22B |
| Net Income | 1.72B |
| EBITDA | 2.39B |
| EBIT | 2.22B |
| Earnings Per Share (EPS) | $4.75 |
Balance Sheet
The company has $1.24 billion in cash and $862.80 million in debt, giving a net cash position of $377.30 million or $1.05 per share.
| Cash & Cash Equivalents | 1.24B |
| Total Debt | 862.80M |
| Net Cash | 377.30M |
| Net Cash Per Share | $1.05 |
| Equity (Book Value) | 3.93B |
| Book Value Per Share | 10.90 |
| Working Capital | 2.10B |
Cash Flow
In the last 12 months, operating cash flow was $1.73 billion and capital expenditures -$164.60 million, giving a free cash flow of $1.57 billion.
| Operating Cash Flow | 1.73B |
| Capital Expenditures | -164.60M |
| Free Cash Flow | 1.57B |
| FCF Per Share | $4.36 |
Margins
Gross margin is 71.80%, with operating and profit margins of 41.28% and 32.02%.
| Gross Margin | 71.80% |
| Operating Margin | 41.28% |
| Pretax Margin | 41.93% |
| Profit Margin | 32.02% |
| EBITDA Margin | 44.46% |
| EBIT Margin | 41.28% |
| FCF Margin | 29.24% |
Dividends & Yields
This stock pays an annual dividend of $3.92, which amounts to a dividend yield of 2.81%.
| Dividend Per Share | $3.92 |
| Dividend Yield | 2.81% |
| Dividend Growth (YoY) | 10.69% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 82.52% |
| Buyback Yield | 0.15% |
| Shareholder Yield | 2.96% |
| Earnings Yield | 3.42% |
| FCF Yield | 3.12% |
Analyst Forecast
The average price target for Paychex is $131.62, which is -5.68% lower than the current price. The consensus rating is "Hold".
| Price Target | $131.62 |
| Price Target Difference | -5.68% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 5.38% |
| EPS Growth Forecast (5Y) | 7.33% |
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 5.87 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.87 |
| Piotroski F-Score | 6 |