Paychex Inc (PAYX)

Price$100.53

Value ScoreD

Growth ScoreC

Momentum ScoreC

Favorite Metrics

Price vs S&P 500 (26W)-17.92%

Price vs S&P 500 (4W)7.04%

VGM Score44.58

Market Capitalization$36.02B

P/E Ratio (Annual)21.73x

Indicated Dividend Yield (Annual)4.78%

All Metrics

P/CF (Annual)18.95x

Book Value / Share (Quarterly)$11.20

P/TBV (Annual)26.04x

Indicated Dividend (Annual)$4.76

Revenue Growth (3Y)6.51%

Cash Flow / Share (Quarterly)$5.75

Payout Ratio (TTM)94.97%

Price vs S&P 500 (YTD)-18.54%

Gross Margin (TTM)91.37%

Net Profit Margin (TTM)25.84%

EPS (TTM)$4.54

10-Day Avg Trading Volume2.98M

EPS Excl Extra (TTM)$4.54

Revenue Growth (5Y)6.64%

EPS (Annual)$4.58

Dividend / Share (Annual)$4.02

ROI (Annual)18.22%

Gross Margin (Annual)88.53%

Net Profit Margin (5Y Avg)30.02%

Cash / Share (Quarterly)$4.97

P/E Basic Excl Extra (TTM)22.01x

Revenue Growth QoQ (YoY)19.87%

EPS Growth (5Y)8.52%

P/E Normalized (Annual)21.73x

ROA (Last FY)10.01%

Revenue Growth TTM (YoY)16.44%

EBITD / Share (TTM)$7.53

ROE (5Y Avg)42.31%

Operating Margin (TTM)36.36%

Cash Flow / Share (Annual)$4.66

P/B Ratio8.97x

P/B Ratio (Quarterly)8.41x

Net Income / Employee (Annual)$87,200

EV / Revenue (TTM)6.19x

Net Interest Coverage (TTM)55.47x

ROA (TTM)9.73%

EPS Growth QoQ (YoY)8.65%

EV / EBITDA (TTM)14.43x

EPS Incl Extra (Annual)$4.58

Current Ratio (Annual)1.28x

Quick Ratio (Quarterly)1.21x

3-Month Avg Trading Volume3.87M

52-Week Price Return-36.90%

EV / Free Cash Flow (Annual)23.36x

P/E Incl Extra (TTM)22.01x

Revenue / Employee (TTM)$333,400

Tangible BV / Share (Quarterly)$6.32

P/S Ratio (Annual)6.46x

Asset Turnover (Annual)0.34x

52-Week High$161.24

Operating Margin (5Y Avg)39.34%

EPS Excl Extra (Annual)$4.58

CapEx CAGR (5Y)10.13%

Tangible BV CAGR (5Y)-2.31%

26-Week Price Return-9.99%

Quick Ratio (Annual)1.22x

13-Week Price Return2.19%

Total Debt / Equity (Annual)1.20x

Current Ratio (Quarterly)1.26x

Enterprise Value$39.23B

Revenue / Share Growth (5Y)6.58%

Asset Turnover (TTM)0.38x

Book Value / Share Growth (5Y)8.11%

Revenue / Employee (Annual)$293,200

Pretax Margin (Annual)39.05%

Cash / Share (Annual)$4.61

3-Month Return Std Dev31.61%

Gross Margin (5Y Avg)90.76%

Net Income / Employee (TTM)$86,100

EBITDA CAGR (5Y)6.28%

EBITDA Interim CAGR (5Y)11.89%

ROE (Last FY)40.15%

Net Interest Coverage (Annual)14.12x

EPS Basic Excl Extra (Annual)$4.58

P/FCF (TTM)17.49x

Receivables Turnover (TTM)3.27x

EV / Free Cash Flow (TTM)19.05x

Total Debt / Equity (Quarterly)1.23x

EPS Incl Extra (TTM)$4.54

Receivables Turnover (Annual)3.14x

ROI (TTM)18.26%

Dividend Growth Rate (5Y)10.17%

P/S Ratio (TTM)5.69x

Pretax Margin (5Y Avg)39.38%

Revenue / Share (Annual)$15.39

Tangible BV / Share (Annual)$6.05

Forward P/E16.48x

Free OCF CAGR (5Y)5.19%

Price vs S&P 500 (52W)-61.26%

P/E Ratio (TTM)22.01x

EPS Growth TTM (YoY)-5.65%

Year-to-Date Return-10.39%

5-Day Price Return-1.86%

EPS Normalized (Annual)$4.58

ROA (5Y Avg)13.48%

Net Profit Margin (Annual)29.74%

Month-to-Date Return3.66%

Cash Flow / Share (TTM)$4.89

EBITD / Share (Annual)$6.26

EPS Growth (3Y)6.07%

Operating Margin (Annual)39.01%

LT Debt / Equity (Annual)1.10x

P/CF (TTM)15.53x

ROI (5Y Avg)31.21%

P/E Excl Extra (TTM)22.01x

LT Debt / Equity (Quarterly)1.13x

EPS Basic Excl Extra (TTM)$4.54

P/TBV (Quarterly)14.91x

Payout Ratio (Annual)87.40%

P/B Ratio (Annual)13.75x

Dividend / Share (TTM)$4.33

Pretax Margin (TTM)33.88%

Book Value / Share (Annual)$11.45

Price vs S&P 500 (13W)-6.07%

Net Margin Growth (5Y)1.82%

Dividend Yield (TTM)4.32%

Beta0.81x

P/FCF (Annual)21.45x

Revenue / Share (TTM)$17.62

ROE (TTM)40.94%

52-Week Low$85.45

vGradeD

gGradeC

mGradeC

vgmGradeC

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Analyst Recommendations

Feb 2026

Mar 2026

Apr 2026

May 2026

2.70

2.68

Industry Peers — Engineering & Management Services(2)

Symbol	Value Score	Growth Score	Momentum Score	Price
PAYXPaychex Inc	D	C	C	$100.53
FORRForrester Research Inc	A	D	C	$7.00
GLXGGalaxy Payroll Group Limited Class A Ordinary Shares	B	D	F	$1.11

About

Paychex is a cloud-based human capital management platform providing payroll, talent management, tax, and benefits administration solutions to mid-market businesses. The company operates a diversified revenue model: approximately half from software offerings, over 40% from its administrative service organization (ASO) and professional employer organization (PEO) outsourcing services, and the remainder from retirement and insurance products. It serves 800,000 clients and 2.5 million worksite employees.