Company Overview
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services. The company provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services. In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; HR support to non-payroll clients through HR Partner Plus solution; and insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. Additionally, it offers payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and both virtual and on-site availability of a professionally trained HR representative, and other solutions to businesses. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Why Investors Should Care
Generates a return on equity of 40.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 23.0%.
Trades at a P/E of 22.5, below the sector median of 34.7.
Maintains a net profit margin of 26.6%.
Offers a dividend yield of 4.35%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- May 2025 Revenue of $5.41B (+5.4% YoY); net profit $1.66B.
- Trailing 12 Months Year-on-year growth — revenue +12.5%, earnings +42.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.8%, profit CAGR 6.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 5.82% |
| 1 Year: | 12.50% |
Compounded Profit Growth
| 5 Years: | 6.41% |
| 1 Year: | 42.60% |
Stock Price Performance
| 1 Year: | -20.64% |
| 6 Months: | -0.10% |
| 3 Months: | +25.40% |
| 1 Month: | +9.31% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)66.49 · Neutral
P/E of 22.49 is below the sector median of 34.66 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 40.2%.
- Healthy ROCE of 23.0%.
- Excellent profit margin of 26.6%.
- Attractive dividend yield of 4.35%.
- Generates positive free cash flow.
CONS
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PAYX Paychex, Inc. NDXSPX | 110.00 | 22.49 | $39.12B | 4.35% | 22.98% | 40.15% | 5.82% | 6.41% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 212.50 | 32.59 | $5.15T | 0.47% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 327.50 | 39.60 | $4.81T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 395.63 | 23.96 | $2.94T | 0.95% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 419.48 | 36.41 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 394.28 | 64.96 | $1.88T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 904.28 | 20.44 | $1.02T | 0.05% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 529.14 | 172.36 | $862.82B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,815.27 | 59.79 | $699.64B | 0.51% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Feb 2015 | May 2015 | Aug 2015 | Nov 2015 | Feb 2016 | May 2016 | Aug 2016 | Nov 2016 | Feb 2017 | May 2017 | Aug 2017 | Nov 2017 | Feb 2018 | May 2018 | Aug 2018 | Nov 2018 | Feb 2019 | May 2019 | Aug 2019 | Nov 2019 | Feb 2020 | May 2020 | Aug 2020 | Nov 2020 | Feb 2021 | Aug 2021 | Nov 2021 | Feb 2022 | Aug 2022 | Nov 2022 | Feb 2023 | Aug 2023 | Nov 2023 | Feb 2024 | Aug 2024 | Nov 2024 | Feb 2025 | Aug 2025 | Nov 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | 779.20M | 789.00M | 918.00M | 828.00M | 845.70M | 840.60M | 1.05B | 958.20M | 971.50M | 970.80M | 1.12B | 889.80M | 917.30M | 968.90M | 1.10B | 1.07B | 1.09B | 1.26B | 1.19B | 1.17B | 1.35B | 1.25B | 1.23B | 1.40B | 1.28B | 1.28B | 1.47B | 1.49B | 1.50B | 1.75B |
| Operating Income | 264.30M | 251.60M | 296.10M | 294.20M | 280.00M | 276.30M | 323.00M | 311.10M | 306.60M | 298.90M | 317.30M | 303.10M | 369.00M | 302.10M | 320.30M | 307.20M | 429.30M | 314.50M | 349.10M | 341.70M | 470.10M | 299.60M | 284.00M | 354.30M | 468.60M | 442.90M | 440.30M | 562.80M | 495.60M | 472.30M | 611.90M | 536.30M | 506.20M | 649.80M | 546.70M | 538.10M | 691.80M | 541.90M | 571.90M | 792.00M |
| Net Income | 169.40M | 161.20M | 209.10M | 189.20M | 180.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 427.40M | 413.40M | 519.30M | 383.80M | 395.40M | 560.30M |
| Diluted EPS | 0.46 | 0.44 | 0.58 | 0.52 | 0.50 | 0.49 | 0.60 | 0.56 | 0.56 | 0.54 | 0.58 | 0.55 | 1.01 | 0.60 | 0.67 | 0.65 | 0.90 | 0.64 | 0.73 | 0.72 | 0.98 | 0.61 | 0.59 | 0.75 | 0.97 | 0.92 | 0.91 | 1.19 | 1.05 | 0.99 | 1.29 | 1.16 | 1.08 | 1.38 | 1.18 | 1.14 | 1.43 | 1.06 | 1.10 | 1.56 |
Profit & Loss (Annual)
Figures in USD.
| Metric | May 2008 | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.07B | 2.08B | 2.00B | 2.08B | 2.23B | 2.33B | 2.52B | 2.74B | 2.95B | 3.10B | 3.31B | 3.69B | 3.95B | 4.00B | 4.55B | 4.91B | 5.13B | 5.41B |
| Operating Income | 828.27M | 805.20M | 724.80M | 786.40M | 853.90M | 904.80M | 982.70M | 1.05B | 1.15B | 1.25B | 1.29B | 1.37B | 1.46B | 1.46B | 1.84B | 2.03B | 2.17B | 2.21B |
| Net Income | 576.14M | 533.50M | 477.00M | 515.30M | 548.00M | 569.00M | 627.50M | 674.90M | 756.80M | 826.30M | 994.10M | 1.03B | 1.10B | 1.10B | 1.39B | 1.56B | 1.69B | 1.66B |
| Diluted EPS | 1.56 | 1.48 | 1.32 | 1.42 | 1.51 | 1.56 | 1.71 | 1.85 | 2.09 | 2.28 | 2.75 | 2.86 | 3.04 | 3.03 | 3.84 | 4.30 | 4.67 | 4.58 |
Balance Sheet (Annual)
Figures in USD.
| Metric | May 2007 | May 2008 | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 5.13B | 5.23B | 5.39B | 6.48B | 6.16B | 6.37B | 6.47B | 6.44B | 6.83B | 7.92B | 8.68B | 8.55B | 9.23B | 9.64B | 10.55B | 10.38B | 16.56B |
| Total Equity | 1.95B | 1.20B | 1.34B | 1.40B | 1.50B | 1.60B | 1.77B | 1.78B | 1.79B | 1.91B | 2.23B | 2.36B | 2.62B | 2.78B | 2.95B | 3.09B | 3.49B | 3.80B | 4.13B |
| Cash & Equivalents | 79.35M | 164.20M | 472.80M | 284.30M | 119.00M | 108.80M | 107.30M | 152.50M | 170.00M | 131.50M | 184.60M | 358.20M | 673.60M | 905.20M | 995.20M | 370.00M | 1.22B | 1.47B | 1.63B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | 796.40M | 796.80M | 797.30M | 797.70M | 798.20M | 798.60M | 4.55B |
| Total Liabilities | - | - | 3.79B | 3.82B | 3.90B | 4.88B | 4.39B | 4.59B | 4.68B | 4.53B | 4.88B | 5.56B | 6.06B | 5.77B | 6.28B | 6.55B | 7.05B | 6.58B | 12.44B |
| Current Liabilities | - | - | 3.70B | 3.74B | 3.79B | 4.75B | 4.27B | 4.44B | 4.57B | 4.37B | 4.73B | 5.30B | 4.84B | 4.43B | 4.94B | 5.27B | 5.81B | 5.31B | 6.96B |
Cash Flows (Annual)
Figures in USD.
| Metric | May 2008 | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 724.67M | 688.80M | 610.90M | 715.30M | 706.60M | 675.30M | 880.90M | - | 1.02B | 960.40M | 1.28B | 1.27B | 1.44B | 1.26B | 1.59B | 1.71B | 1.90B | 1.90B |
| Investing Cash Flow | 933.16M | 404.50M | -401.30M | -409.50M | -1.24B | 181.70M | -316.10M | - | -63.10M | -662.20M | 998.50M | -1.63B | 771.90M | -460.60M | -1.51B | 211.70M | -260.90M | -3.36B |
| Financing Cash Flow | -1.57B | -784.70M | -398.10M | -471.10M | 527.50M | -858.50M | -519.60M | - | -993.60M | -482.70M | -423.80M | -1.01B | -1.49B | -636.40M | -979.30M | -711.40M | -1.87B | 2.29B |
| Capital Expenditure | -82.29M | -64.70M | -61.30M | -100.50M | -89.60M | -98.70M | -84.10M | -102.80M | -97.70M | -94.30M | -154.00M | -123.80M | -127.00M | -118.40M | -133.80M | -143.00M | -161.40M | -191.80M |
| Free Cash Flow | 642.38M | 624.10M | 549.60M | 614.80M | 617.00M | 576.60M | 796.80M | - | 920.50M | 866.10M | 1.12B | 1.15B | 1.31B | 1.14B | 1.46B | 1.56B | 1.74B | 1.71B |
| Share Buybacks | 1,000.00M | - | - | - | 0 | 0 | 249.70M | 182.40M | 107.90M | 166.20M | 143.10M | 56.90M | 171.90M | 155.70M | 145.20M | 0 | 169.20M | 104.50M |
Ratios (Annual)
Figures in %.
| Metric | May 2008 | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 40.1% | 38.7% | 36.2% | 37.7% | 38.3% | 38.9% | 39.0% | 38.5% | 38.8% | 40.4% | 39.0% | 37.1% | 36.9% | 36.5% | 40.4% | 41.4% | 42.4% | 40.8% |
| Net Margin % | 27.9% | 25.6% | 23.8% | 24.7% | 24.6% | 24.5% | 24.9% | 24.6% | 25.6% | 26.6% | 30.0% | 28.0% | 27.8% | 27.5% | 30.6% | 31.7% | 32.9% | 30.6% |
| ROE % | 48.1% | 39.8% | 34.0% | 34.4% | 34.2% | 32.1% | 35.3% | 37.8% | 39.6% | 37.1% | 42.2% | 39.5% | 39.5% | 37.2% | 45.1% | 44.6% | 44.5% | 40.1% |
| ROCE % | - | 56.5% | 48.8% | 49.0% | 49.2% | 47.7% | 50.9% | 55.6% | 55.3% | 59.5% | 49.3% | 35.8% | 35.4% | 34.1% | 42.1% | 42.9% | 42.8% | 23.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Capital International Investors | 8.36% | 29.95M | $3.36B |
| 2 | Blackrock Inc. | 7.93% | 28.41M | $3.19B |
| 3 | Vanguard Capital Management LLC | 5.85% | 20.97M | $2.35B |
| 4 | Vanguard Portfolio Management LLC | 4.26% | 15.25M | $1.71B |
| 5 | State Street Corporation | 3.92% | 14.05M | $1.58B |
| 6 | Geode Capital Management, LLC | 2.87% | 10.27M | $1.15B |
| 7 | Charles Schwab Investment Management, Inc. | 2.62% | 9.38M | $1.05B |
| 8 | Federated Hermes, Inc. | 1.64% | 5.89M | $659.83M |
| 9 | Morgan Stanley | 1.48% | 5.30M | $593.96M |
| 10 | Invesco Ltd. | 1.47% | 5.25M | $588.68M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PAYX
Paychex Inc (PAYX) chair sells 25K shares after option exercise - Stock Titan
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Paychex (PAYX) Stock Sees Modest Fair Value Lift As Analysts Weigh Paycor Upside - Yahoo Finance
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Paychex Inc. stock outperforms competitors despite losses on the day - MarketWatch
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How Will Paychex Stock React To Its Upcoming Earnings? - Trefis
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Paychex Stock Looks Beaten Down, But Not Broken - MarketBeat
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PAYX — Frequently Asked Questions
What is the current share price of Paychex, Inc. (PAYX)?
As of 2026-07-15 16:51 PDT, Paychex, Inc. (PAYX) trades at $110.00 on NasdaqGS. Its 52-week range is $84.48 to $143.22.
What is the market capitalisation of PAYX?
Paychex, Inc. (PAYX) has a market capitalisation of $39.12B on NasdaqGS.
What is the P/E ratio of PAYX?
PAYX trades at a trailing price-to-earnings (P/E) ratio of 22.49. The industry average P/E is 34.66. Its price-to-book (P/B) ratio is 10.67.
Does PAYX pay a dividend?
Paychex, Inc. (PAYX) currently offers a dividend yield of 4.35%.
What is the return on equity (ROE) of PAYX?
PAYX has a return on equity (ROE) of 40.15%. Its return on capital employed (ROCE) is 22.98%.
Is PAYX a good stock to buy?
This page provides a data-driven analysis of Paychex, Inc. (PAYX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.