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No complete published report is available for Paychex, Inc. (PAYX) on this page. Market-directory data, when present, is not a substitute for a reviewed stock analysis.

PAYX Stock Analysis, Forecast & Valuation

Market cap	43.4B
Revenue (ttm)	6.5B
Net income (ttm)	1.8B
EPS (ttm)	$4.89
Shares out	355.7M
P/E (trailing)	25.0x
P/E (forward)	20.4x
Dividend	$4.76 (3.90%)
Volume	4,863,617

Beta	0.82

Price target	$109	-11.2%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ARM	Arm Holdings plc	240.2B	264.6x	46.6x	14.1%	—	+36.8%	Sell
FLEX	Flex Ltd.	37.7B	39.8x	1.3x	15.1%	+2.9%	+104.0%	Sell
LITE	Lumentum Holdings Inc.	46.9B	114.5x	18.8x	8.3%	+7.7%	+462.1%	Reduce

All PAYX indicators

Market & fundamental data

Available fields

290

Groups with data

Currency

USD

Showing 290 of 290 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0000723531
Company name	Paychex, Inc.
Country	United States
Country code	US
Cusip	704326107
Employees	17,600
Employees Change	-1,400%
Employees Change Percent	-7.37
Enterprise value	$46.9B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
In Index	SP500, NASDAQ100
Industry	Software - Application
Industry PE	46.07
Industry PE Fwd	20.07
Isin	US7043261079
Last refreshed	2026-07-30
Market cap	$43.4B
Market cap category	Large-Cap
Price	$122
Price currency	USD
Rev Per Employee	370,000x
Sector	Technology
Sector PE	35.59
Sector PE Fwd	19.33
Sic	8700
Symbol	PAYX
Website	https://www.paychex.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	4.05%
EV Earnings	26.67x
EV Sales Forward	6.84x
EV/EBIT	18.7x
EV/EBITDA	14.69x
EV/FCF	20.22x
EV/Sales	7.21x
FCF yield	5.34%
Forward P/E	20.41x
P/B ratio	11.63x
P/E ratio	24.98x
P/S ratio	6.67x
PE Ratio10 Y	27.91x
PE Ratio3 Y	27.29x
PE Ratio5 Y	28.53x
PS Forward	6.33x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	38.55%
EBITDA Margin	49.06%
FCF margin	35.65%
Gross margin	74.29%
Gross Profit	$4.8B
Gross Profit Growth	20%
Gross Profit Growth Q	14.98%
Gross Profit Growth3 Y	10.82%
Gross Profit Growth5 Y	11.67%
Net Income	$1.8B
Net Income Growth	6.2%
Net Income Growth Q	41.52%
Net Income Growth Quarters	2%
Net Income Growth Years	1%
Net Income Growth3 Y	4.16%
Net Income Growth5 Y	9.91%
Pretax Margin	35.49%
Profit Margin	27.03%
Profit Per Employee	$100,006
Profitable Quarters	$127
Profitable Years	33
ROA	9.82
Roa5y	11.68
ROCE	26.9
ROE	44.77
Roe5y	45.29
ROIC	27.09
Roic5y	44.22

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	10.91%
Cagr15y	13.9%
Cagr1y	-12.83%
Cagr20y	10.21%
Cagr3y	2.5%
Cagr5y	4.93%
Div CAGR10	10.19%
Div CAGR3	10.55%
Div CAGR5	12.14%
EPS Growth	6.77
EPS Growth Q	43.37
EPS Growth Quarters	2
EPS Growth Years	1
EPS Growth3 Y	4.38
EPS Growth5 Y	10.05
FCF Growth	35.85%
FCF Growth Q	81.79%
FCF Growth3 Y	14.1%
FCF Growth5 Y	15.25%
OCF Growth	34.5%
OCF Growth Q	68.97%
OCF Growth10 Y	9.64%
OCF Growth3 Y	14.43%
OCF Growth5 Y	15.2%
Revenue Growth	16.88x
Revenue Growth Q	12.49x
Revenue Growth Quarters	21x
Revenue Growth Years	16x
Revenue Growth3 Y	9.15x
Revenue Growth5 Y	9.93x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.4
Assets	$16.2B
Cash	$1.1B
Current Assets	$8.6B
Current Liabilities	$6.8B
Debt	$4.6B
Debt EBITDA	$1.45
Debt Equity	$1.24
Debt FCF	$1.99
Equity	$3.7B
Interest Coverage	9.32
Liabilities	$12.4B
Long Term Assets	$7.6B
Long Term Liabilities	$5.6B
Net Cash	$-3.5B
Net Cash By Market Cap	$-8.02
Net Debt EBITDA	$1.09
Net Debt Equity	$0.93
Net Debt FCF	$1.5
Tangible Book Value	$-2.5B
Tangible Book Value Per Share	$-6.96
WACC	8.34

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.26
Net Working Capital	$651M
Quick ratio	0.49
Working Capital	$1.8B
Working Capital Turnover	$3.49

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	0.55%
Dividend Growth	10.19%
Dividend Growth Years	12%
Dividend per share	$4.76
Dividend Years	39
Dividend Yield	3.9%
Ex Div Date	2026-07-28
Last Dividend	$1.19
Payout Frequency	Quarterly
Payout Ratio	97.34%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	181.51%
1Y total return	-12.82%
200-day SMA	103.7
3Y total return	7.68%
50-day SMA	103.2
50-day SMA vs 200-day SMA	50under200
5Y total return	27.22%
All Time High	161.2
All Time High Change	-24.26%
All Time High Date	2025-06-06
All Time Low	0.13
All Time Low Change	90,770.54%
All Time Low Date	1984-11-02
ATR	3.62
Beta	0.82
Beta1y	0.26
Beta2y	0.43
Ch YTD	8.87
High	124.7
High52	148
High52 Date	2025-07-30
High52ch	-17.48%
Low	118.9
Low52	85.45
Low52 Date	2026-04-10
Low52ch	42.93%
Ma50ch	18.31%
Premarket Change Percent	-0.3
Premarket Price	$119
Premarket Volume	3,383
Price vs 200-day SMA	17.78%
RSI	75.01
RSI Monthly	52.35
RSI Weekly	68.17
Sharpe ratio	-0.51x
Sortino ratio	-0.52
Total Return	4.45%
Tr YTD	12.58
Tr15y	604.24%
Tr1m	23.53%
Tr1w	11.43%
Tr3m	37.37%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	18
Analyst Count Top	2
Analyst Price Target Top	$133
Analyst Ratings	Hold
Analyst Ratings Top	Buy
Earnings EPS Estimate	$1.31
Earnings EPS Estimate Growth	10.08
Earnings Revenue Estimate	1,605,034,552x
Earnings Revenue Estimate Growth	12.45x
Operating Income	$2.6B
Operating Income Growth	10.45
Operating Income Growth Q	14.79
Operating Income Growth3 Y	8.16
Operating Income Growth5 Y	11.99
Operating margin	39.51
Price target	$109
Price Target Change	$-11.16
Price Target Change Top	$8.49

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	318,711,309%
Float Percent	89.61%
Net Borrowing	-418,800,000
Shares Insiders	10.31%
Shares Institutions	83.5%
Shares Out	355,682,860
Shares Qo Q	-0.36%
Shares Yo Y	-0.55%
Short Float	6.04%
Short Ratio	5.11
Short Shares	5.41

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$2.2B
Adjusted OCF	2,460,600,000
Average Volume	3,300,758.6x
Bv Per Share	10.5
CAPEX	$-234.9M
Ch10y	106.3
Ch15y	331.1
Ch1m	22.25
Ch1w	10.29
Ch1y	-16.5
Ch20y	254.4
Ch3m	34.22
Ch3y	-3.47
Ch5y	8.3
Ch6m	19.21
Change	2.74%
Change From Open	2.13
Close	118.9
Days Gap	0.6
Depreciation Amortization	442,600,000
Dollar Volume	593,993,544.2
Earnings Date	2026-06-24
Earnings Time	bmo
EBIT	$2.5B
EBITDA	$3.2B
EPS	$4.89
F Score	5
FCF	$2.3B
FCF EV Yield	4.95x
FCF Per Share	$6.53
Financing CF	-2,653,800,000
Fiscal Year End	May
Founded	1,979
Goodwill	4,527,400,000
Graham Number	33.99507
Graham Upside	-72.17
Income Tax	$550.8M
Investing CF	-1,152,400,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-06-24
Last Report Date	2026-05-31
Last Split Date	2000-05-23
Last Split Type	Forward
Last10k Filing Date	2026-07-17
Lynch Fair Value	$48.45
Lynch Upside	-60.34
Ma150	99.47
Ma150ch	22.78%
Ma20	111
Ma20ch	9.98%
Net CF	-1,249,500,000
Next Earnings Date	2026-09-29
Open	119.6
Optionable	Yes
P FCF Ratio	18.71
P FCF Ratio SBC	19.52
P OCF Ratio	16.99
P OCF Ratio SBC	17.66
Payment Date	2026-08-28
Position In Range	55.54
Post Close	122.1
Postmarket Change Percent	0.38
Postmarket Price	$123
Ppne	652,800,000
Pre Close	118.9
Price Date	2026-07-29
Price EBITDA	$13.6
Relative Volume	1.47x
Revenue	6,512,000,000x
SBC By Revenue	1.48x
Share Based Comp	96,100,000
Tax By Revenue	8.46x
Tax Rate	23.83%
Tr20y	598.98%
Tr6m	22%
Us State	New York
Volume	4,863,617
Z Score	3.24

Paychex, Inc. (PAYX)

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Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

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