PAYX Paychex Inc

Price (delayed)

$103.82

Market cap

$37.41B

P/E Ratio

35.43

Dividend/share

$2.52

EPS

$2.93

Enterprise value

$37.47B

Paychex, Inc. is an American provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses. With headquarters in Rochester, New York, the company has more than ...

Highlights
The equity rose by 8% year-on-year and by 3% since the previous quarter
The company's debt fell by 6% YoY
The quick ratio has grown by 25% year-on-year but it has declined by 7% since the previous quarter
The stock's price to earnings (P/E) is 32% more than its 5-year quarterly average of 26.9 and 26% more than its last 4 quarters average of 28.1
PAYX's EPS is down by 5% year-on-year

Key stats

What are the main financial stats of PAYX
Market
Shares outstanding
360.36M
Market cap
$37.41B
Enterprise value
$37.47B
Valuations
Price to earnings (P/E)
35.43
Price to book (P/B)
12.58
Price to sales (P/S)
9.5
EV/EBIT
27.15
EV/EBITDA
23.77
EV/Sales
9.5
Earnings
Revenue
$3.94B
EBIT
$1.38B
EBITDA
$1.58B
Free cash flow
$1.14B
Per share
EPS
$2.93
Free cash flow per share
$3.16
Book value per share
$8.25
Revenue per share
$10.93
TBVPS
$20.96
Balance sheet
Total assets
$9.67B
Total liabilities
$6.69B
Debt
$896.9M
Equity
$2.98B
Working capital
$1.27B
Liquidity
Debt to equity
0.3
Current ratio
1.24
Quick ratio
0.4
Net debt/EBITDA
0.04
Margins
EBITDA margin
40%
Gross margin
68.4%
Net margin
26.8%
Operating margin
35.7%
Efficiency
Return on assets
12%
Return on equity
36.9%
Return on invested capital
64.9%
Return on capital employed
32%
Return on sales
35%
Dividend
Dividend yield
2.43%
DPS
$2.52
Payout ratio
86%

PAYX stock price

How has the Paychex stock price performed over time
Intraday
-0.5%
1 week
0.23%
1 month
3.71%
1 year
35.78%
YTD
11.42%
QTD
5.92%

Financial performance

How have Paychex's revenue and profit performed over time
Revenue
$3.94B
Gross profit
$2.7B
Operating income
$1.41B
Net income
$1.06B
Gross margin
68.4%
Net margin
26.8%
The net income has declined by 4.7% year-on-year
Paychex's operating income has decreased by 4.7% YoY
Paychex's revenue has decreased by 4% YoY
Paychex's gross profit has decreased by 3.5% YoY

Growth

What is Paychex's growth rate over time

Valuation

What is Paychex stock price valuation
P/E
35.43
P/B
12.58
P/S
9.5
EV/EBIT
27.15
EV/EBITDA
23.77
EV/Sales
9.5
The stock's price to earnings (P/E) is 32% more than its 5-year quarterly average of 26.9 and 26% more than its last 4 quarters average of 28.1
PAYX's EPS is down by 5% year-on-year
The P/B is 20% more than the last 4 quarters average of 10.5 and 14% more than the 5-year quarterly average of 11.0
The equity rose by 8% year-on-year and by 3% since the previous quarter
PAYX's price to sales (P/S) is 30% higher than its 5-year quarterly average of 7.3 and 27% higher than its last 4 quarters average of 7.5
Paychex's revenue has decreased by 4% YoY

Efficiency

How efficient is Paychex business performance
PAYX's return on invested capital is down by 13% year-on-year and by 2.6% since the previous quarter
The ROE has decreased by 13% YoY and by 2.4% from the previous quarter
PAYX's ROA is down by 4% year-on-year

Dividends

What is PAYX's dividend history
DPS
$2.52
Dividend yield
2.43%
Payout ratio
86%
Recent dividends

Financial health

How did Paychex financials performed over time
The total assets is 44% more than the total liabilities
The quick ratio has grown by 25% year-on-year but it has declined by 7% since the previous quarter
PAYX's total liabilities is up by 17% since the previous quarter
The company's debt is 70% lower than its equity
PAYX's debt to equity is down by 14% year-on-year and by 3.2% since the previous quarter
The equity rose by 8% year-on-year and by 3% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.