Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
141.01
+3.07 (2.23%)
At close: Jun 26, 2025, 4:00 PM
140.90
-0.11 (-0.08%)
After-hours: Jun 26, 2025, 7:58 PM EDT

Paychex Statistics

Total Valuation

Paychex has a market cap or net worth of $50.79 billion. The enterprise value is $54.15 billion.

Market Cap 50.79B
Enterprise Value 54.15B

Important Dates

The last earnings date was 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 -0.03% in one year.

Current Share Class 360.19M
Shares Outstanding 360.19M
Shares Change (YoY) -0.03%
Shares Change (QoQ) +0.08%
Owned by Insiders (%) 10.55%
Owned by Institutions (%) 79.83%
Float 322.20M

Valuation Ratios

The trailing PE ratio is 30.79 and the forward PE ratio is 25.87. Paychex's PEG ratio is 2.75.

PE Ratio 30.79
Forward PE 25.87
PS Ratio 9.12
Forward PS 8.07
PB Ratio 12.31
P/TBV Ratio n/a
P/FCF Ratio 28.87
P/OCF Ratio 26.03
PEG Ratio 2.75
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.33, with an EV/FCF ratio of 30.78.

EV / Earnings 32.67
EV / Sales 9.72
EV / EBITDA 21.33
EV / EBIT 23.25
EV / FCF 30.78

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 1.95
Debt / FCF 2.85
Interest Coverage 16.88

Financial Efficiency

Return on equity (ROE) is 41.80% and return on invested capital (ROIC) is 21.04%.

Return on Equity (ROE) 41.80%
Return on Assets (ROA) 10.80%
Return on Invested Capital (ROIC) 21.04%
Return on Capital Employed (ROCE) 24.24%
Revenue Per Employee $337,679
Profits Per Employee $100,442
Employee Count 16,500
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 +12.78% 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 +12.78%
50-Day Moving Average 151.49
200-Day Moving Average 145.48
Relative Strength Index (RSI) 31.43
Average Volume (20 Days) 2,380,579

Short Selling Information

The latest short interest is 12.35 million, so 3.43% of the outstanding shares have been sold short.

Short Interest 12.35M
Short Previous Month 12.41M
Short % of Shares Out 3.43%
Short % of Float 3.83%
Short Ratio (days to cover) 7.99

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
Full Income Statement

Balance Sheet

The company has $1.66 billion in cash and $5.02 billion in debt, giving a net cash position of -$3.36 billion or -$9.33 per share.

Cash & Cash Equivalents 1.66B
Total Debt 5.02B
Net Cash -3.36B
Net Cash Per Share -$9.33
Equity (Book Value) 4.13B
Book Value Per Share 11.45
Working Capital 1.96B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.95 billion and capital expenditures -$191.80 million, giving a free cash flow of $1.76 billion.

Operating Cash Flow 1.95B
Capital Expenditures -191.80M
Free Cash Flow 1.76B
FCF Per Share $4.88
Full Cash Flow Statement

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 31.58%

Dividends & Yields

This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 3.06%.

Dividend Per Share $4.32
Dividend Yield 3.06%
Dividend Growth (YoY) 10.14%
Years of Dividend Growth 11
Payout Ratio 87.77%
Buyback Yield 0.03%
Shareholder Yield 3.09%
Earnings Yield 3.26%
FCF Yield 3.46%
Dividend Details

Analyst Forecast

The average price target for Paychex is $145.27, which is 3.02% higher than the current price. The consensus rating is "Hold".

Price Target $145.27
Price Target Difference 3.02%
Analyst Consensus Hold
Analyst Count 11
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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