Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $43.89 billion. The enterprise value is $47.38 billion.
| Market Cap | 43.89B |
| Enterprise Value | 47.38B |
Important Dates
The next estimated earnings date is Tuesday, September 29, 2026, before market open.
| Earnings Date | Sep 29, 2026 |
| Ex-Dividend Date | Jul 28, 2026 |
Share Statistics
Paychex has 355.68 million shares outstanding. The number of shares has decreased by -0.55% in one year.
| Current Share Class | 355.68M |
| Shares Outstanding | 355.68M |
| Shares Change (YoY) | -0.55% |
| Shares Change (QoQ) | -0.36% |
| Owned by Insiders (%) | 10.31% |
| Owned by Institutions (%) | 84.50% |
| Float | 318.71M |
Valuation Ratios
The trailing PE ratio is 25.24 and the forward PE ratio is 20.64.
| PE Ratio | 25.24 |
| Forward PE | 20.64 |
| PS Ratio | 6.76 |
| Forward PS | 6.41 |
| PB Ratio | 11.66 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 18.95 |
| P/OCF Ratio | 17.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.75, with an EV/FCF ratio of 20.45.
| EV / Earnings | 26.98 |
| EV / Sales | 7.29 |
| EV / EBITDA | 15.75 |
| EV / EBIT | 18.46 |
| EV / FCF | 20.45 |
Financial Position
The company has a current ratio of 1.26, with a Debt / Equity ratio of 1.24.
| Current Ratio | 1.26 |
| Quick Ratio | 0.49 |
| Debt / Equity | 1.24 |
| Debt / EBITDA | 1.52 |
| Debt / FCF | 1.99 |
| Interest Coverage | 9.55 |
Financial Efficiency
Return on equity (ROE) is 44.77% and return on invested capital (ROIC) is 27.09%.
| Return on Equity (ROE) | 44.77% |
| Return on Assets (ROA) | 9.82% |
| Return on Invested Capital (ROIC) | 27.09% |
| Return on Capital Employed (ROCE) | 27.56% |
| Weighted Average Cost of Capital (WACC) | 8.24% |
| Revenue Per Employee | $370,000 |
| Profits Per Employee | $100,006 |
| Employee Count | 17,600 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $550.80 million in taxes.
| Income Tax | 550.80M |
| Effective Tax Rate | 23.83% |
Stock Price Statistics
The stock price has decreased by -11.36% in the last 52 weeks. The beta is 0.80, so Paychex's price volatility has been lower than the market average.
| Beta (5Y) | 0.80 |
| 52-Week Price Change | -11.36% |
| 50-Day Moving Average | 110.53 |
| 200-Day Moving Average | 103.34 |
| Relative Strength Index (RSI) | 62.08 |
| Average Volume (20 Days) | 2,751,480 |
Short Selling Information
The latest short interest is 20.14 million, so 5.66% of the outstanding shares have been sold short.
| Short Interest | 20.14M |
| Short Previous Month | 19.23M |
| Short % of Shares Out | 5.66% |
| Short % of Float | 6.32% |
| Short Ratio (days to cover) | 6.09 |
Income Statement
In the last 12 months, Paychex had revenue of $6.51 billion and earned $1.76 billion in profits. Earnings per share was $4.89.
| Revenue | 6.51B |
| Gross Profit | 4.84B |
| Operating Income | 2.57B |
| Pretax Income | 2.31B |
| Net Income | 1.76B |
| EBITDA | 3.02B |
| EBIT | 2.57B |
| Earnings Per Share (EPS) | $4.89 |
Balance Sheet
The company has $1.14 billion in cash and $4.63 billion in debt, with a net cash position of -$3.49 billion or -$9.80 per share.
| Cash & Cash Equivalents | 1.14B |
| Total Debt | 4.63B |
| Net Cash | -3.49B |
| Net Cash Per Share | -$9.80 |
| Equity (Book Value) | 3.74B |
| Book Value Per Share | 10.50 |
| Working Capital | 1.77B |
Cash Flow
In the last 12 months, operating cash flow was $2.56 billion and capital expenditures -$234.90 million, giving a free cash flow of $2.32 billion.
| Operating Cash Flow | 2.56B |
| Capital Expenditures | -234.90M |
| Depreciation & Amortization | 442.60M |
| Net Borrowing | -418.80M |
| Free Cash Flow | 2.32B |
| FCF Per Share | $6.53 |
Margins
Gross margin is 74.29%, with operating and profit margins of 39.51% and 27.03%.
| Gross Margin | 74.29% |
| Operating Margin | 39.51% |
| Pretax Margin | 35.49% |
| Profit Margin | 27.03% |
| EBITDA Margin | 46.30% |
| EBIT Margin | 39.51% |
| FCF Margin | 35.65% |
Dividends & Yields
This stock pays an annual dividend of $4.76, which amounts to a dividend yield of 3.86%.
| Dividend Per Share | $4.76 |
| Dividend Yield | 3.86% |
| Dividend Growth (YoY) | 10.19% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 97.34% |
| Buyback Yield | 0.55% |
| Shareholder Yield | 4.40% |
| Earnings Yield | 4.00% |
| FCF Yield | 5.28% |
Analyst Forecast
The average price target for Paychex is $110.64, which is -10.35% lower than the current price. The consensus rating is "Hold".
| Price Target | $110.64 |
| Price Target Difference | -10.35% |
| Analyst Consensus | Hold |
| Analyst Count | 18 |
| Revenue Growth Forecast (3Y) | 5.33% |
| EPS Growth Forecast (3Y) | 7.17% |
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 3.24 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.24 |
| Piotroski F-Score | 5 |