paychex inc. - PAYX

PAYX

Close Chg Chg %
120.13 -0.09 -0.07%

Closed Market

120.04

-0.09 (0.07%)

Volume: 1.92M

Last Updated:

Aug 7, 2026, 4:00 PM EDT

Company Overview: paychex inc. - PAYX

PAYX Key Data

Open

$119.44

Day Range

119.06 - 121.42

52 Week Range

85.45 - 141.89

Market Cap

$41.85B

Shares Outstanding

355.68M

Public Float

319.21M

Beta

0.80

Rev. Per Employee

N/A

P/E Ratio

24.07

EPS

$4.90

Yield

385.82%

Dividend

$1.19

EX-DIVIDEND DATE

Jul 28, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

3.18M

 

PAYX Performance

1 Week
 
2.74%
 
1 Month
 
11.62%
 
3 Months
 
27.80%
 
1 Year
 
-14.98%
 
5 Years
 
4.01%
 

PAYX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About paychex inc. - PAYX

Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resources, insurance, and retirement for small and medium-sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services, and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

PAYX At a Glance

Paychex, Inc.
911 Panorama Trail South
Rochester, New York 14625-2396
Phone 1-585-385-6666 Revenue 6.51B
Industry Data Processing Services Net Income 1.76B
Sector Technology Services 2026 Sales Growth 16.876%
Fiscal Year-end 05 / 2027 Employees 17,600
View SEC Filings

PAYX Valuation

P/E Current 24.067
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 19.836
Price to Sales Ratio 5.361
Price to Book Ratio 9.233
Price to Cash Flow Ratio 13.66
Enterprise Value to EBITDA 11.841
Enterprise Value to Sales 5.892
Total Debt to Enterprise Value 0.121

PAYX Efficiency

Revenue/Employee 370,000.00
Income Per Employee 100,005.682
Receivables Turnover 2.949
Total Asset Turnover 0.398

PAYX Liquidity

Current Ratio 1.259
Quick Ratio 1.259
Cash Ratio 0.172

PAYX Profitability

Gross Margin 70.57
Operating Margin 42.961
Pretax Margin 35.487
Net Margin 27.029
Return on Assets 10.752
Return on Equity 44.769
Return on Total Capital 21.04
Return on Invested Capital 20.616

PAYX Capital Structure

Total Debt to Total Equity 123.967
Total Debt to Total Capital 55.351
Total Debt to Total Assets 28.627
Long-Term Debt to Equity 123.378
Long-Term Debt to Total Capital 55.088
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Paychex Inc. - PAYX

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
5.01B 5.28B 5.57B 6.51B
Sales Growth
+8.57% +5.42% +5.56% +16.88%
Cost of Goods Sold (COGS) incl D&A
1.45B 1.48B 1.54B 1.92B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
176.60M 176.50M 209.50M 442.60M
Depreciation
128.40M 127.50M 118.80M 143.10M
Amortization of Intangibles
48.20M 49.00M 90.70M 299.50M
COGS Growth
+7.13% +1.81% +4.13% +24.42%
Gross Income
3.55B 3.80B 4.03B 4.60B
Gross Income Growth
+9.18% +6.89% +6.11% +14.00%
Gross Profit Margin
+70.98% +71.97% +72.35% +70.57%
2023 2024 2025 2026 5-year trend
SG&A Expense
1.52B 1.62B 1.66B 1.80B
Research & Development
- - - -
-
Other SG&A
1.52B 1.62B 1.66B 1.80B
SGA Growth
+7.46% +6.83% +2.24% +8.22%
Other Operating Expense
- - - -
-
Unusual Expense
- - 162.30M 304.20M
-
EBIT after Unusual Expense
2.03B 2.17B 2.21B 2.49B
Non Operating Income/Expense
51.80M 81.20M 73.60M 87.00M
Non-Operating Interest Income
49.10M 82.70M 72.80M 63.40M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
36.70M 37.30M 105.40M 269.50M
Interest Expense Growth
+0.27% +1.63% +182.57% +155.69%
Gross Interest Expense
36.70M 37.30M 105.40M 269.50M
Interest Capitalized
- - - -
-
Pretax Income
2.05B 2.22B 2.18B 2.31B
Pretax Income Growth
+12.25% +8.29% -1.90% +6.20%
Pretax Margin
+40.91% +42.02% +39.05% +35.49%
Income Tax
490.90M 527.60M 518.60M 550.80M
Income Tax - Current - Domestic
535.20M 550.90M 537.20M 447.30M
Income Tax - Current - Foreign
(300.00K) 6.50M (2.80M) (200.00K)
Income Tax - Deferred - Domestic
(41.60M) (23.20M) (12.60M) 103.70M
Income Tax - Deferred - Foreign
- (2.40M) (6.60M) (3.20M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.56B 1.69B 1.66B 1.76B
Minority Interest Expense
- - - -
-
Net Income
1.56B 1.69B 1.66B 1.76B
Net Income Growth
+11.81% +8.55% -1.96% +6.20%
Net Margin Growth
+31.10% +32.03% +29.74% +27.03%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.56B 1.69B 1.66B 1.76B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.56B 1.69B 1.66B 1.76B
EPS (Basic)
4.321 4.6916 4.601 4.9041
EPS (Basic) Growth
+11.87% +8.58% -1.93% +6.59%
Basic Shares Outstanding
360.40M 360.30M 360.20M 358.90M
EPS (Diluted)
4.2984 4.6683 4.5782 4.8892
EPS (Diluted) Growth
+12.06% +8.61% -1.93% +6.79%
Diluted Shares Outstanding
362.30M 362.10M 362.00M 360.00M
EBITDA
2.21B 2.35B 2.58B 3.24B
EBITDA Growth
+8.76% +6.38% +9.74% +25.61%
EBITDA Margin
+44.13% +44.53% +46.30% +49.76%

Snapshot

Average Recommendation HOLD Average Target Price 109.154
Number of Ratings 21 Current Quarters Estimate 1.321
FY Report Date 08 / 2026 Current Year's Estimate 5.966
Last Quarter’s Earnings 1.32 Median PE on CY Estimate N/A
Year Ago Earnings 5.51 Next Fiscal Year Estimate 6.408
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 16 17 16
Mean Estimate 1.32 1.36 5.97 6.41
High Estimates 1.35 1.40 6.00 6.49
Low Estimate 1.30 1.35 5.92 6.25
Coefficient of Variance 0.85 0.96 0.36 0.88

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 1
OVERWEIGHT 0 0 0
HOLD 14 14 16
UNDERWEIGHT 1 1 0
SELL 4 4 4
MEAN Hold Hold Hold

Insider Actions for Paychex Inc. - PAYX

Date Name Shares Transaction Value
Jul 3, 2026 Adam Ante Sr. Vice President, Paycor 52,865 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.71 per share 5,429,764.15
Jul 3, 2026 Ryan Bergstrom Chief Product Officer 41,582 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.71 per share 4,270,887.22
May 6, 2026 Blase Thomas Golisano 35,763,223 Bona fide gift Non-derivative transaction at $93.21 per share 3,333,490,015.83
Feb 6, 2026 Joseph G. Doody Director 1,000 Open market or private purchase of non-derivative security Non-derivative transaction at $98.76 per share 98,760.00
Feb 6, 2026 Thomas F. Bonadio Director 21,504 Open market or private purchase of non-derivative security Non-derivative transaction at $98.5 per share 2,118,144.00
Dec 30, 2025 Martin Mucci Director 418,047 Bona fide gift Non-derivative transaction at $114.36 per share 47,807,854.92

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