PAYX Paychex Inc
Price (delayed)
$148.51
Market cap
$53.47B
P/E Ratio
31.07
Dividend/share
$3.92
EPS
$4.78
Enterprise value
$53.07B
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 quick ratio has grown by 40% year-on-year
The equity rose by 11% year-on-year
The stock's price to earnings (P/E) is 12% more than its last 4 quarters average of 27.7 and 7% more than its 5-year quarterly average of 29.0
Key stats
What are the main financial stats of PAYX
Market
Valuations
Earnings
Shares outstanding
360.06M
Market cap
$53.47B
Enterprise value
$53.07B
Price to earnings (P/E)
31.07
Price to book (P/B)
13.62
Price to sales (P/S)
9.96
EV/EBIT
23.57
EV/EBITDA
21.9
EV/Sales
9.88
Revenue
$5.37B
Gross profit
$3.86B
Operating income
$2.22B
Net income
$1.72B
EBIT
$2.25B
EBITDA
$2.42B
Free cash flow
$1.57B
Per share
Balance sheet
Liquidity
EPS
$4.78
EPS diluted
$4.75
Free cash flow per share
$4.36
Book value per share
$10.91
Revenue per share
$14.92
TBVPS
$23.6
Total assets
$10.55B
Total liabilities
$6.63B
Debt
$862.8M
Equity
$3.93B
Working capital
$2.1B
Debt to equity
0.22
Current ratio
1.39
Quick ratio
0.59
Net debt/EBITDA
-0.17
Margins
Efficiency
Dividend
EBITDA margin
45.1%
Gross margin
71.8%
Net margin
32%
Operating margin
41.3%
Return on assets
15.5%
Return on equity
44.9%
Return on invested capital
93.8%
Return on capital employed
43.1%
Return on sales
41.9%
Dividend yield
2.64%
DPS
$3.92
Payout ratio
82%
PAYX stock price
How has the Paychex stock price performed over time
Intraday
-1.16%
1 week
0.86%
1 month
1.96%
1 year
20.32%
YTD
5.91%
QTD
5.91%
Financial performance
How have Paychex's revenue and profit performed over time
Revenue
$5.37B
Gross profit
$3.86B
Operating income
$2.22B
Net income
$1.72B
Gross margin
71.8%
Net margin
32%
Paychex's gross profit has increased by 4.6% YoY
The net income has increased by 5% year-on-year
Paychex's operating income has increased by 5% YoY
Paychex's revenue has increased by 4.2% YoY
Growth
What is Paychex's growth rate over time
Valuation
What is Paychex stock price valuation
P/E
31.07
P/B
13.62
P/S
9.96
EV/EBIT
23.57
EV/EBITDA
21.9
EV/Sales
9.88
The stock's price to earnings (P/E) is 12% more than its last 4 quarters average of 27.7 and 7% more than its 5-year quarterly average of 29.0
PAYX's EPS is up by 6% year-on-year
The P/B is 12% more than the 5-year quarterly average of 12.2 and 12% more than the last 4 quarters average of 12.2
The equity rose by 11% year-on-year
PAYX's price to sales (P/S) is 16% higher than its 5-year quarterly average of 8.6 and 13% higher than its last 4 quarters average of 8.8
Paychex's revenue has increased by 4.2% YoY
Efficiency
How efficient is Paychex business performance
PAYX's ROA is up by 8% year-on-year and by 4.7% since the previous quarter
PAYX's return on invested capital is down by 7% year-on-year and by 5% since the previous quarter
The ROE has decreased by 3.4% YoY
Dividends
What is PAYX's dividend history
DPS
$3.92
Dividend yield
2.64%
Payout ratio
82%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Paychex financials performed over time
The total assets is 59% more than the total liabilities
The quick ratio has grown by 40% year-on-year
PAYX's total liabilities is down by 22% year-on-year
The company's debt is 78% lower than its equity
PAYX's debt to equity is down by 12% year-on-year and by 4.3% since the previous quarter
The equity rose by 11% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.