Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $32.85 billion. The enterprise value is $36.08 billion.
| Market Cap | 32.85B |
| Enterprise Value | 36.08B |
Important Dates
The last earnings date was Wednesday, March 25, 2026, before market open.
| Earnings Date | Mar 25, 2026 |
| Ex-Dividend Date | Jan 28, 2026 |
Share Statistics
Paychex has 358.30 million shares outstanding. The number of shares has decreased by -0.24% in one year.
| Current Share Class | 358.29M |
| Shares Outstanding | 358.30M |
| Shares Change (YoY) | -0.24% |
| Shares Change (QoQ) | -0.25% |
| Owned by Insiders (%) | 10.32% |
| Owned by Institutions (%) | 81.48% |
| Float | 321.06M |
Valuation Ratios
The trailing PE ratio is 20.24 and the forward PE ratio is 15.90.
| PE Ratio | 20.24 |
| Forward PE | 15.90 |
| PS Ratio | 5.19 |
| Forward PS | 4.73 |
| PB Ratio | 8.18 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 15.72 |
| P/OCF Ratio | 14.16 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.41, with an EV/FCF ratio of 17.26.
| EV / Earnings | 22.05 |
| EV / Sales | 5.70 |
| EV / EBITDA | 12.41 |
| EV / EBIT | 14.47 |
| EV / FCF | 17.26 |
Financial Position
The company has a current ratio of 1.26, with a Debt / Equity ratio of 1.25.
| Current Ratio | 1.26 |
| Quick Ratio | 0.49 |
| Debt / Equity | 1.25 |
| Debt / EBITDA | 1.71 |
| Debt / FCF | 2.40 |
| Interest Coverage | 9.29 |
Financial Efficiency
Return on equity (ROE) is 40.26% and return on invested capital (ROIC) is 25.98%.
| Return on Equity (ROE) | 40.26% |
| Return on Assets (ROA) | 10.85% |
| Return on Invested Capital (ROIC) | 25.98% |
| Return on Capital Employed (ROCE) | 25.89% |
| Weighted Average Cost of Capital (WACC) | 8.47% |
| Revenue Per Employee | $333,358 |
| Profits Per Employee | $86,142 |
| Employee Count | 19,000 |
| Asset Turnover | 0.44 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $509.30 million in taxes.
| Income Tax | 509.30M |
| Effective Tax Rate | 23.73% |
Stock Price Statistics
The stock price has decreased by -38.96% in the last 52 weeks. The beta is 0.89, so Paychex's price volatility has been lower than the market average.
| Beta (5Y) | 0.89 |
| 52-Week Price Change | -38.96% |
| 50-Day Moving Average | 96.98 |
| 200-Day Moving Average | 120.79 |
| Relative Strength Index (RSI) | 43.77 |
| Average Volume (20 Days) | 4,455,572 |
Short Selling Information
The latest short interest is 20.88 million, so 5.83% of the outstanding shares have been sold short.
| Short Interest | 20.88M |
| Short Previous Month | 19.95M |
| Short % of Shares Out | 5.83% |
| Short % of Float | 6.50% |
| Short Ratio (days to cover) | 5.40 |
Income Statement
In the last 12 months, Paychex had revenue of $6.33 billion and earned $1.64 billion in profits. Earnings per share was $4.53.
| Revenue | 6.33B |
| Gross Profit | 4.68B |
| Operating Income | 2.49B |
| Pretax Income | 2.15B |
| Net Income | 1.64B |
| EBITDA | 2.91B |
| EBIT | 2.49B |
| Earnings Per Share (EPS) | $4.53 |
Balance Sheet
The company has $1.78 billion in cash and $5.01 billion in debt, with a net cash position of -$3.23 billion or -$9.02 per share.
| Cash & Cash Equivalents | 1.78B |
| Total Debt | 5.01B |
| Net Cash | -3.23B |
| Net Cash Per Share | -$9.02 |
| Equity (Book Value) | 4.01B |
| Book Value Per Share | 11.20 |
| Working Capital | 2.05B |
Cash Flow
In the last 12 months, operating cash flow was $2.32 billion and capital expenditures -$229.50 million, giving a free cash flow of $2.09 billion.
| Operating Cash Flow | 2.32B |
| Capital Expenditures | -229.50M |
| Depreciation & Amortization | 415.10M |
| Net Borrowing | 4.16B |
| Free Cash Flow | 2.09B |
| FCF Per Share | $5.83 |
Margins
Gross margin is 73.93%, with operating and profit margins of 39.37% and 25.84%.
| Gross Margin | 73.93% |
| Operating Margin | 39.37% |
| Pretax Margin | 33.88% |
| Profit Margin | 25.84% |
| EBITDA Margin | 45.92% |
| EBIT Margin | 39.37% |
| FCF Margin | 33.00% |
Dividends & Yields
This stock pays an annual dividend of $4.32, which amounts to a dividend yield of 4.71%.
| Dividend Per Share | $4.32 |
| Dividend Yield | 4.71% |
| Dividend Growth (YoY) | 10.20% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 95.39% |
| Buyback Yield | 0.24% |
| Shareholder Yield | 4.95% |
| Earnings Yield | 4.98% |
| FCF Yield | 6.36% |
Analyst Forecast
The average price target for Paychex is $114.73, which is 25.14% higher than the current price. The consensus rating is "Hold".
| Price Target | $114.73 |
| Price Target Difference | 25.14% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 7.96% |
| 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 3.23 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.23 |
| Piotroski F-Score | 5 |