Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $51.04 billion. The enterprise value is $50.41 billion.
| Market Cap | 51.04B |
| Enterprise Value | 50.41B |
Important Dates
The next estimated earnings date is Thursday, December 19, 2024, before market open.
| Earnings Date | Dec 19, 2024 |
| Ex-Dividend Date | Nov 7, 2024 |
Share Statistics
Paychex has 359.90 million shares outstanding. The number of shares has decreased by -0.14% in one year.
| Current Share Class | 359.90M |
| Shares Outstanding | 359.90M |
| Shares Change (YoY) | -0.14% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 10.61% |
| Owned by Institutions (%) | 78.88% |
| Float | 321.45M |
Valuation Ratios
The trailing PE ratio is 30.24 and the forward PE ratio is 28.09. Paychex's PEG ratio is 4.04.
| PE Ratio | 30.24 |
| Forward PE | 28.09 |
| PS Ratio | 9.62 |
| Forward PS | 8.91 |
| PB Ratio | 13.26 |
| P/TBV Ratio | 28.71 |
| P/FCF Ratio | 32.05 |
| P/OCF Ratio | 29.15 |
| PEG Ratio | 4.04 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.37, with an EV/FCF ratio of 31.66.
| EV / Earnings | 29.68 |
| EV / Sales | 9.49 |
| EV / EBITDA | 21.37 |
| EV / EBIT | 23.08 |
| EV / FCF | 31.66 |
Financial Position
The company has a current ratio of 1.38, with a Debt / Equity ratio of 0.23.
| Current Ratio | 1.38 |
| Quick Ratio | 0.60 |
| Debt / Equity | 0.23 |
| Debt / EBITDA | 0.36 |
| Debt / FCF | 0.54 |
| Interest Coverage | 58.25 |
Financial Efficiency
Return on equity (ROE) is 45.67% and return on invested capital (ROIC) is 29.77%.
| Return on Equity (ROE) | 45.67% |
| Return on Assets (ROA) | 12.03% |
| Return on Capital (ROIC) | 29.77% |
| Revenue Per Employee | $319,928 |
| Profits Per Employee | $102,325 |
| Employee Count | 16,600 |
| Asset Turnover | 0.47 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $527.40 million in taxes.
| Income Tax | 527.40M |
| Effective Tax Rate | 23.69% |
Stock Price Statistics
The stock price has increased by +20.69% 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 | +20.69% |
| 50-Day Moving Average | 139.80 |
| 200-Day Moving Average | 127.35 |
| Relative Strength Index (RSI) | 48.52 |
| Average Volume (20 Days) | 1,683,352 |
Short Selling Information
The latest short interest is 18.93 million, so 5.26% of the outstanding shares have been sold short.
| Short Interest | 18.93M |
| Short Previous Month | 18.89M |
| Short % of Shares Out | 5.26% |
| Short % of Float | 5.89% |
| Short Ratio (days to cover) | 11.19 |
Income Statement
In the last 12 months, Paychex had revenue of $5.31 billion and earned $1.70 billion in profits. Earnings per share was $4.69.
| Revenue | 5.31B |
| Gross Profit | 3.81B |
| Operating Income | 2.18B |
| Pretax Income | 2.22B |
| Net Income | 1.70B |
| EBITDA | 2.36B |
| EBIT | 2.18B |
| Earnings Per Share (EPS) | $4.69 |
Balance Sheet
The company has $1.50 billion in cash and $867.00 million in debt, giving a net cash position of $631.00 million or $1.75 per share.
| Cash & Cash Equivalents | 1.50B |
| Total Debt | 867.00M |
| Net Cash | 631.00M |
| Net Cash Per Share | $1.75 |
| Equity (Book Value) | 3.85B |
| Book Value Per Share | 10.70 |
| Working Capital | 2.02B |
Cash Flow
In the last 12 months, operating cash flow was $1.75 billion and capital expenditures -$158.30 million, giving a free cash flow of $1.59 billion.
| Operating Cash Flow | 1.75B |
| Capital Expenditures | -158.30M |
| Free Cash Flow | 1.59B |
| FCF Per Share | $4.42 |
Margins
Gross margin is 71.77%, with operating and profit margins of 41.13% and 31.98%.
| Gross Margin | 71.77% |
| Operating Margin | 41.13% |
| Pretax Margin | 41.91% |
| Profit Margin | 31.98% |
| EBITDA Margin | 44.42% |
| EBIT Margin | 41.13% |
| FCF Margin | 32.90% |
Dividends & Yields
This stock pays an annual dividend of $3.92, which amounts to a dividend yield of 2.76%.
| Dividend Per Share | $3.92 |
| Dividend Yield | 2.76% |
| Dividend Growth (YoY) | 10.69% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 83.58% |
| Buyback Yield | 0.14% |
| Shareholder Yield | 2.91% |
| Earnings Yield | 3.33% |
| FCF Yield | 3.12% |
Analyst Forecast
The average price target for Paychex is $131.62, which is -7.20% lower than the current price. The consensus rating is "Hold".
| Price Target | $131.62 |
| Price Target Difference | -7.20% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 6.44% |
| EPS Growth Forecast (5Y) | 7.65% |
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 5.65 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.65 |
| Piotroski F-Score | 6 |