NASDAQ · Staffing & Employment Services

Paychex, Inc. (PAYX) Stock

$118.04 -0.65% NASDAQ: PAYX Industrials

Valuation

MetricValue
Price$118.04
Market Cap$42.02B
P/E Ratio19.50
P/B Ratio9.46
P/S Ratio5.31
EPS (TTM)$4.58
52-Week High$129.24
52-Week Low$85.45
Dividend Yield4.83%

Financials & Margins

MetricValue
ROE47.11%
ROA11.53%
ROCE27.76%
Gross Margin73.93%
Operating Margin36.90%
Net Margin27.35%
Debt/Equity1.25
Current Ratio1.28

Annual Financials (USD)

Metric20222023202420252026
Revenue$4.6B$5.0B$5.3B$5.6B$6.5B
Operating Profit$1.8B$2.0B$2.2B$2.2B$2.5B
Net Profit$1.4B$1.6B$1.7B$1.7B$1.8B
EPS$3.84$4.30$4.67$4.58$4.89
Op Margin39.9%40.6%41.2%39.6%38.5%

Balance Sheet (USD)

Metric20222023202420252026
Total Assets$9.6B$10.5B$10.4B$16.6B$16.2B
Total Liabilities$6.5B$7.1B$6.6B$12.4B$12.4B
Cash$370.0M$1.2B$1.5B$1.6B$1.1B
Borrowings$881.0M$866.0M$866.0M$5.0B$4.6B

Latest News

Paychex (PAYX) Could Be 38% Below Fair Value After Russell Growth Index Removal Simply Wall St. · Jul 10, 2026 The Nasdaq 100’s 5 Highest-Yielding Stocks Are Hot Summer Picks 24/7 Wall St. · Jul 9, 2026 The Toughest Questions PAYX Faced On Its Latest Call Trefis · Jul 8, 2026 Here's Why You Should Retain Paychex Stock in Your Portfolio Zacks · Jul 7, 2026 Beat the Market the Zacks Way: PDF Solutions, LifeStance Health, Paychex in Focus Zacks · Jul 6, 2026

Cash Flow (USD)

Metric20222023202420252026
Operating Cash Flow$1.5B$1.7B$1.9B$2.0B$2.6B
Investing Cash Flow$-1.6B$76.0M$-422.0M$-3.9B$-1.4B
Financing Cash Flow$19.0M$472.0M$-568.0M$-125.0M$-593.0M
Net Cash Flow$-895.0M$1.2B$-238.0M$837.0M$-1.2B
Free Cash Flow$1.4B$1.6B$1.7B$1.8B$2.3B

Valuation & Return Ratios

MetricValue
PEG Ratio1.53
EV / EBITDA12.71
FCF Yield5.76%
Quick Ratio1.28
Interest Coverage9.71
Return 1Y-1.39%
Return 3Y11.41%
Return 5Y6.11%

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ADPAutomatic Data Processing, Inc. $304.16 -1.23% 23.87 $120.52B 2.60%
ASURAsure Software Inc $7.36 +0.14% -26.67 $212.55M 0.00%
BBSIBarrett Business Services, Inc. $33.22 +1.25% 21.95 $805.09M 1.05%
LGCLLucas GC Limited $1.59 -2.45% 0.01 $30649 0.00%
NSPInsperity, Inc. $54.44 +1.80% -110.67 $2.08B 5.16%

About Paychex, Inc.

Paychex, Inc. is led by CEO John Gibson Jr., employs 16,500 people, headquartered in Rochester, US, publicly traded since 1983.

Paychex, Inc. (PAYX) stock trades at $118.04 with a market capitalization of $42.02B. The stock is valued at a price-to-earnings (P/E) ratio of 19.50, price-to-book of 9.46, price-to-sales of 5.31. Over the past 52 weeks the stock has ranged between $85.45 and $129.24, and currently trades 8.7% below its 52-week high. It pays a dividend yielding 4.83%.

On profitability, Paychex, Inc. generates a return on equity (ROE) of 47.11%, above the typical market range of roughly 12-15%, return on capital employed of 27.76%, an operating margin of 36.90%, a net profit margin of 27.35%.

In its most recent fiscal year, Paychex, Inc. reported annual revenue of $6.5B, net profit of $1.8B. Over the last 5 fiscal years, revenue grew at an average annual rate of 9.9%, and net profit grew at an average annual rate of 9.9%.

The balance sheet shows a debt-to-equity ratio of 1.25, a current ratio of 1.28, total assets of $16.2B, $1.1B in cash and equivalents.

PAYX has an average daily trading volume of 3,193,127 shares, a beta of 0.81.

Paychex, Inc. by the numbers, 2017–2026

Between 2017 and 2026 Paychex, Inc. reported revenue of $3.2B rising to $6.5B, a change of +106.7% across 10 years. Compounded, revenue has grown 9.9% a year over five years, 9.2% over three, 16.9% over the last twelve months. Net profit rose to $1.8B.

Operating margin went from 39.3% in 2017 to 38.5% in 2026, essentially unchanged. The most recent net margin is 27.35%. On a trailing twelve-month basis to Jun '26, revenue is $6.5B and net profit $1.8B.

Borrowings stand at $4.6B, cash from operations was $2.6B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 44.3% over five years, and was 47.1% in the most recent year.

The share price itself has compounded at 1.8% a year over five years, -1.5% over three, -36.5% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Paychex, Inc. (PAYX) — frequently asked questions

What is Paychex, Inc. (PAYX) stock price today?

Paychex, Inc. (PAYX) is currently trading at $118.04, down 0.65% today.

What is PAYX P/E ratio?

Paychex, Inc.'s P/E ratio is 19.50. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is PAYX return on equity (ROE)?

Paychex, Inc.'s return on equity (ROE) is 47.11%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.

What is Paychex, Inc.'s market cap?

Paychex, Inc. has a market capitalization of $42.02B.

Does PAYX pay a dividend?

Yes. Paychex, Inc. currently yields 4.83%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does PAYX carry?

Paychex, Inc. has a debt-to-equity ratio of 1.25. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is PAYX's profit margin?

Paychex, Inc. reports a net profit margin of 27.35% — the share of revenue left after every cost, including tax and interest.

What sector is PAYX in?

Paychex, Inc. is classified under Industrials, in the Staffing & Employment Services industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is PAYX listed on?

Paychex, Inc. trades on NASDAQ under the ticker PAYX.

What is PAYX's 52-week range?

Over the last year Paychex, Inc. has traded between $85.45 and $129.24.

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Screens PAYX currently matches

On the figures above, Paychex, Inc. passes the filters for 20 of our ready-made screens, among them High Dividend Stocks, Dividend Stocks, S&P 500 Dividend Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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