Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $53.31 billion. The enterprise value is $56.69 billion.
| Market Cap | 53.31B |
| Enterprise Value | 56.69B |
Important Dates
The last earnings date was Wednesday, June 25, 2025, before market open.
| Earnings Date | Jun 25, 2025 |
| Ex-Dividend Date | Jul 21, 2025 |
Share Statistics
Paychex has 360.24 million shares outstanding. The number of shares has decreased by -0.03% in one year.
| Current Share Class | 360.24M |
| Shares Outstanding | 360.24M |
| Shares Change (YoY) | -0.03% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 10.56% |
| Owned by Institutions (%) | 79.39% |
| Float | 321.91M |
Valuation Ratios
The trailing PE ratio is 32.31 and the forward PE ratio is 27.11.
| PE Ratio | 32.31 |
| Forward PE | 27.11 |
| PS Ratio | 9.57 |
| Forward PS | 8.00 |
| PB Ratio | 12.92 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 31.19 |
| P/OCF Ratio | 28.05 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.33, with an EV/FCF ratio of 33.17.
| EV / Earnings | 34.21 |
| EV / Sales | 10.18 |
| EV / EBITDA | 22.33 |
| EV / EBIT | 24.34 |
| EV / FCF | 33.17 |
Financial Position
The company has a current ratio of 1.28, with a Debt / Equity ratio of 1.22.
| Current Ratio | 1.28 |
| Quick Ratio | 0.52 |
| Debt / Equity | 1.22 |
| Debt / EBITDA | 1.96 |
| Debt / FCF | 2.95 |
| Interest Coverage | 22.10 |
Financial Efficiency
Return on equity (ROE) is 41.80% and return on invested capital (ROIC) is 21.01%.
| Return on Equity (ROE) | 41.80% |
| Return on Assets (ROA) | 10.80% |
| Return on Invested Capital (ROIC) | 21.01% |
| Return on Capital Employed (ROCE) | 24.24% |
| Revenue Per Employee | $293,247 |
| Profits Per Employee | $87,226 |
| Employee Count | 19,000 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $518.60 million in taxes.
| Income Tax | 518.60M |
| Effective Tax Rate | 23.83% |
Stock Price Statistics
The stock price has increased by +20.08% in the last 52 weeks. The beta is 0.87, so Paychex's price volatility has been lower than the market average.
| Beta (5Y) | 0.87 |
| 52-Week Price Change | +20.08% |
| 50-Day Moving Average | 150.59 |
| 200-Day Moving Average | 146.47 |
| Relative Strength Index (RSI) | 54.15 |
| Average Volume (20 Days) | 2,469,432 |
Short Selling Information
The latest short interest is 11.61 million, so 3.22% of the outstanding shares have been sold short.
| Short Interest | 11.61M |
| Short Previous Month | 12.86M |
| Short % of Shares Out | 3.22% |
| Short % of Float | 3.61% |
| Short Ratio (days to cover) | 3.58 |
Income Statement
In the last 12 months, Paychex had revenue of $5.57 billion and earned $1.66 billion in profits. Earnings per share was $4.58.
| Revenue | 5.57B |
| Gross Profit | 4.03B |
| Operating Income | 2.33B |
| Pretax Income | 2.22B |
| Net Income | 1.66B |
| EBITDA | 2.54B |
| EBIT | 2.33B |
| Earnings Per Share (EPS) | $4.58 |
Balance Sheet
The company has $1.66 billion in cash and $5.04 billion in debt, giving a net cash position of -$3.38 billion or -$9.39 per share.
| Cash & Cash Equivalents | 1.66B |
| Total Debt | 5.04B |
| Net Cash | -3.38B |
| Net Cash Per Share | -$9.39 |
| Equity (Book Value) | 4.13B |
| Book Value Per Share | 11.45 |
| Working Capital | 1.96B |
Cash Flow
In the last 12 months, operating cash flow was $1.90 billion and capital expenditures -$191.80 million, giving a free cash flow of $1.71 billion.
| Operating Cash Flow | 1.90B |
| Capital Expenditures | -191.80M |
| Free Cash Flow | 1.71B |
| FCF Per Share | $4.74 |
Margins
Gross margin is 72.35%, with operating and profit margins of 41.81% and 29.74%.
| Gross Margin | 72.35% |
| Operating Margin | 41.81% |
| Pretax Margin | 39.05% |
| Profit Margin | 29.74% |
| EBITDA Margin | 45.57% |
| EBIT Margin | 41.81% |
| FCF Margin | 30.67% |
Dividends & Yields
This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 2.92%.
| Dividend Per Share | $4.32 |
| Dividend Yield | 2.92% |
| Dividend Growth (YoY) | 10.16% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 89.96% |
| Buyback Yield | 0.03% |
| Shareholder Yield | 2.98% |
| Earnings Yield | 3.11% |
| FCF Yield | 3.21% |
Analyst Forecast
The average price target for Paychex is $152.70, which is 3.18% higher than the current price. The consensus rating is "Hold".
| Price Target | $152.70 |
| Price Target Difference | 3.18% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 3.55 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.55 |
| Piotroski F-Score | 5 |