Paychex Statistics
Total Valuation
Paychex has a market cap or net worth of $40.07 billion. The enterprise value is $43.76 billion.
| Market Cap | 40.07B |
| Enterprise Value | 43.76B |
Important Dates
The last earnings date was Wednesday, September 23, 2026, before market open.
| Earnings Date | Sep 23, 2026 |
| Ex-Dividend Date | Oct 26, 2026 |
Share Statistics
Paychex has 355.98 million shares outstanding. The number of shares has decreased by -0.92% in one year.
| Current Share Class | 355.98M |
| Shares Outstanding | 355.98M |
| Shares Change (YoY) | -0.92% |
| Shares Change (QoQ) | -0.45% |
| Owned by Insiders (%) | 10.14% |
| Owned by Institutions (%) | 84.73% |
| Float | 319.60M |
Valuation Ratios
The trailing PE ratio is 22.05 and the forward PE ratio is 18.38. Paychex's PEG ratio is 2.32.
| PE Ratio | 22.05 |
| Forward PE | 18.38 |
| PS Ratio | 5.97 |
| Forward PS | 5.67 |
| PB Ratio | 10.64 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.55 |
| P/OCF Ratio | 17.51 |
| PEG Ratio | 2.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.01, with an EV/FCF ratio of 21.38.
| EV / Earnings | 23.87 |
| EV / Sales | 6.53 |
| EV / EBITDA | 14.01 |
| EV / EBIT | 16.36 |
| EV / FCF | 21.38 |
Financial Position
The company has a current ratio of 1.28, with a Debt / Equity ratio of 1.25.
| Current Ratio | 1.28 |
| Quick Ratio | 0.52 |
| Debt / Equity | 1.25 |
| Debt / EBITDA | 1.49 |
| Debt / FCF | 2.29 |
| Interest Coverage | 9.89 |
Financial Efficiency
Return on equity (ROE) is 47.06% and return on invested capital (ROIC) is 27.38%.
| Return on Equity (ROE) | 47.06% |
| Return on Assets (ROA) | 10.19% |
| Return on Invested Capital (ROIC) | 27.38% |
| Return on Capital Employed (ROCE) | 28.27% |
| Weighted Average Cost of Capital (WACC) | 8.44% |
| Revenue Per Employee | $375,142 |
| Profits Per Employee | $102,614 |
| Employee Count | 17,600 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Paychex has paid $572.40 million in taxes.
| Income Tax | 572.40M |
| Effective Tax Rate | 24.07% |
Stock Price Statistics
The stock price has decreased by -12.49% in the last 52 weeks. The beta is 0.85, so Paychex's price volatility has been lower than the market average.
| Beta (5Y) | 0.85 |
| 52-Week Price Change | -12.49% |
| 50-Day Moving Average | 114.36 |
| 200-Day Moving Average | 103.35 |
| Relative Strength Index (RSI) | 56.12 |
| Average Volume (20 Days) | 3,447,254 |
Short Selling Information
The latest short interest is 18.83 million, so 5.29% of the outstanding shares have been sold short.
| Short Interest | 18.83M |
| Short Previous Month | 19.82M |
| Short % of Shares Out | 5.29% |
| Short % of Float | 5.89% |
| Short Ratio (days to cover) | 5.42 |
Income Statement
In the last 12 months, Paychex had revenue of $6.60 billion and earned $1.81 billion in profits. Earnings per share was $5.04.
| Revenue | 6.60B |
| Gross Profit | 4.91B |
| Operating Income | 2.63B |
| Pretax Income | 2.38B |
| Net Income | 1.81B |
| EBITDA | 3.08B |
| EBIT | 2.63B |
| Earnings Per Share (EPS) | $5.04 |
Balance Sheet
The company has $934.20 million in cash and $4.62 billion in debt, with a net cash position of -$3.69 billion or -$10.36 per share.
| Cash & Cash Equivalents | 934.20M |
| Total Debt | 4.62B |
| Net Cash | -3.69B |
| Net Cash Per Share | -$10.36 |
| Equity (Book Value) | 3.71B |
| Book Value Per Share | 10.41 |
| Working Capital | 1.75B |
Cash Flow
In the last 12 months, operating cash flow was $2.25 billion and capital expenditures -$235.10 million, giving a free cash flow of $2.02 billion.
| Operating Cash Flow | 2.25B |
| Capital Expenditures | -235.10M |
| Depreciation & Amortization | 443.10M |
| Net Borrowing | -418.80M |
| Free Cash Flow | 2.02B |
| FCF Per Share | $5.67 |
Margins
Gross margin is 74.39%, with operating and profit margins of 39.91% and 27.35%.
| Gross Margin | 74.39% |
| Operating Margin | 39.91% |
| Pretax Margin | 36.02% |
| Profit Margin | 27.35% |
| EBITDA Margin | 46.62% |
| EBIT Margin | 39.91% |
| FCF Margin | 30.54% |
Dividends & Yields
This stock pays an annual dividend of $4.76, which amounts to a dividend yield of 4.28%.
| Dividend Per Share | $4.76 |
| Dividend Yield | 4.28% |
| Dividend Growth (YoY) | 10.19% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 94.42% |
| FCF Payout Ratio | 84.02% |
| Buyback Yield | 0.92% |
| Shareholder Yield | 5.22% |
| Earnings Yield | 4.58% |
| FCF Yield | 5.12% |
Analyst Forecast
The average price target for Paychex is $113.93, which is 1.21% higher than the current price. The consensus rating is "Hold".
| Price Target | $113.93 |
| Price Target Difference | 1.21% |
| Analyst Consensus | Hold |
| Analyst Count | 19 |
| Revenue Growth Forecast (3Y) | 5.33% |
| EPS Growth Forecast (3Y) | 7.51% |
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 3.22 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.22 |
| Piotroski F-Score | 6 |