Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $44.84 billion. The enterprise value is $48.19 billion.
| Market Cap | 44.84B |
| Enterprise Value | 48.19B |
Important Dates
The last earnings date was Tuesday, September 30, 2025, before market open.
| Earnings Date | Sep 30, 2025 |
| Ex-Dividend Date | Nov 7, 2025 |
Share Statistics
Paychex has 359.89 million shares outstanding. The number of shares has increased by 0.04% in one year.
| Current Share Class | 359.89M |
| Shares Outstanding | 359.89M |
| Shares Change (YoY) | +0.04% |
| Shares Change (QoQ) | -0.11% |
| Owned by Insiders (%) | 10.56% |
| Owned by Institutions (%) | 80.48% |
| Float | 321.46M |
Valuation Ratios
The trailing PE ratio is 27.94 and the forward PE ratio is 22.53.
| PE Ratio | 27.94 |
| Forward PE | 22.53 |
| PS Ratio | 7.75 |
| Forward PS | 6.62 |
| PB Ratio | 11.29 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 24.09 |
| P/OCF Ratio | 21.63 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.34, with an EV/FCF ratio of 25.90.
| EV / Earnings | 29.87 |
| EV / Sales | 8.32 |
| EV / EBITDA | 18.34 |
| EV / EBIT | 20.52 |
| EV / FCF | 25.90 |
Financial Position
The company has a current ratio of 1.27, with a Debt / Equity ratio of 1.26.
| Current Ratio | 1.27 |
| Quick Ratio | 0.52 |
| Debt / Equity | 1.26 |
| Debt / EBITDA | 1.89 |
| Debt / FCF | 2.70 |
| Interest Coverage | 14.32 |
Financial Efficiency
Return on equity (ROE) is 41.27% and return on invested capital (ROIC) is 21.41%.
| Return on Equity (ROE) | 41.27% |
| Return on Assets (ROA) | 10.81% |
| Return on Invested Capital (ROIC) | 21.41% |
| Return on Capital Employed (ROCE) | 24.63% |
| Revenue Per Employee | $304,905 |
| Profits Per Employee | $84,932 |
| Employee Count | 19,000 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $502.60 million in taxes.
| Income Tax | 502.60M |
| Effective Tax Rate | 23.75% |
Stock Price Statistics
The stock price has decreased by -11.90% 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 | -11.90% |
| 50-Day Moving Average | 131.34 |
| 200-Day Moving Average | 143.75 |
| Relative Strength Index (RSI) | 37.80 |
| Average Volume (20 Days) | 3,021,854 |
Short Selling Information
The latest short interest is 12.59 million, so 3.50% of the outstanding shares have been sold short.
| Short Interest | 12.59M |
| Short Previous Month | 13.16M |
| Short % of Shares Out | 3.50% |
| Short % of Float | 3.92% |
| Short Ratio (days to cover) | 3.99 |
Income Statement
In the last 12 months, Paychex had revenue of $5.79 billion and earned $1.61 billion in profits. Earnings per share was $4.46.
| Revenue | 5.79B |
| Gross Profit | 4.22B |
| Operating Income | 2.35B |
| Pretax Income | 2.12B |
| Net Income | 1.61B |
| EBITDA | 2.63B |
| EBIT | 2.35B |
| Earnings Per Share (EPS) | $4.46 |
Balance Sheet
The company has $1.67 billion in cash and $5.02 billion in debt, giving a net cash position of -$3.35 billion or -$9.31 per share.
| Cash & Cash Equivalents | 1.67B |
| Total Debt | 5.02B |
| Net Cash | -3.35B |
| Net Cash Per Share | -$9.31 |
| Equity (Book Value) | 3.97B |
| Book Value Per Share | 11.03 |
| Working Capital | 1.91B |
Cash Flow
In the last 12 months, operating cash flow was $2.07 billion and capital expenditures -$212.10 million, giving a free cash flow of $1.86 billion.
| Operating Cash Flow | 2.07B |
| Capital Expenditures | -212.10M |
| Free Cash Flow | 1.86B |
| FCF Per Share | $5.17 |
Margins
Gross margin is 72.83%, with operating and profit margins of 40.53% and 27.86%.
| Gross Margin | 72.83% |
| Operating Margin | 40.53% |
| Pretax Margin | 36.53% |
| Profit Margin | 27.86% |
| EBITDA Margin | 45.36% |
| EBIT Margin | 40.53% |
| FCF Margin | 32.13% |
Dividends & Yields
This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 3.47%.
| Dividend Per Share | $4.32 |
| Dividend Yield | 3.47% |
| Dividend Growth (YoY) | 10.18% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 94.62% |
| Buyback Yield | -0.03% |
| Shareholder Yield | 3.43% |
| Earnings Yield | 3.60% |
| FCF Yield | 4.15% |
Analyst Forecast
The average price target for Paychex is $144.58, which is 16.04% higher than the current price. The consensus rating is "Hold".
| Price Target | $144.58 |
| Price Target Difference | 16.04% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 8.58% |
| 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 3.59 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.59 |
| Piotroski F-Score | 5 |