Paychex, Inc. Website

Paychex, Inc.

NasdaqGS-PAYX

Basic

  • Market Cap

    $43.91B

  • EV

    $43.05B

  • Shares Out

    359.96M

  • Revenue

    $5,212.8M

  • Employees

    16,600

Margins

  • Gross

    71.73%

  • EBITDA

    44.52%

  • Operating

    41.16%

  • Pre-Tax

    42.01%

  • Net

    31.86%

  • FCF

    36.84%

Returns (5Yr Avg)

  • ROA

    13.64%

  • ROTA

    47.64%

  • ROE

    43.24%

  • ROCE

    40.53%

  • ROIC

    17.15%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $120.87

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $1,730.2M

  • Net Debt

    -$861.4M

  • Debt/Equity

    0.23

  • EBIT/Interest

    57.68

Growth (CAGR)

  • Rev 3Yr

    9.76%

  • Rev 5Yr

    7.46%

  • Rev 10Yr

    7.78%

  • Dil EPS 3Yr

    16.27%

  • Dil EPS 5Yr

    10.23%

  • Dil EPS 10Yr

    10.77%

  • Rev Fwd 2Yr

    5.19%

  • EBITDA Fwd 2Yr

    7.11%

  • EPS Fwd 2Yr

    7.93%

  • EPS LT Growth Est

    6.89%

Dividends

  • Yield

  • Payout

    77.26%

  • DPS

    $3.56

  • DPS Growth 3Yr

    12.81%

  • DPS Growth 5Yr

    9.71%

  • DPS Growth 10Yr

    9.94%

  • DPS Growth Fwd 2Yr

    7.81%

Select a metric from the list below to chart it

May '14

May '15

May '16

May '17

May '18

May '19

May '20

May '21

May '22

May '23

LTM

May '24 (E)

May '25 (E)

May '26 (E)

Operating Revenues

3,691.9

3,953.6

3,997.5

4,554

4,907.3

5,079.8

Interest And Invest. Income

80.6

86.9

59.3

57.7

99.8

133

Total Revenues

3,772.5

4,040.5

4,056.8

4,611.7

5,007.1

5,212.8

Total Revenues % Chg.

11.7%

7.1%

0.4%

13.7%

8.6%

5.9%

Cost of Goods Sold, Total

1,177.8

1,280.8

1,271.2

1,356.3

1,453

1,473.9

Gross Profit

2,594.7

2,759.7

2,785.6

3,255.4

3,554.1

3,738.9

Selling General & Admin Expenses, Total

1,218.1

1,299.2

1,324.9

1,415.4

1,521

1,593.3

Other Operating Expenses, Total

1,218.1

1,299.2

1,324.9

1,415.4

1,521

1,593.3

Operating Income

1,376.6

1,460.5

1,460.7

1,840

2,033.1

2,145.6

Interest Expense, Total

-17.6

-38.8

-35.8

-36.6

-36.7

-37.2

Interest And Investment Income

13.3

12.3

2.3

2.9

49.1

79.9

Net Interest Expenses

-4.3

-26.5

-33.5

-33.7

12.4

42.7

Income (Loss) On Equity Invest.

Other Non Operating Income (Expenses)

1

-8.2

5.8

18.1

12.5

11.4

EBT, Excl. Unusual Items

1,373.3

1,425.8

1,433

1,824.4

2,058

2,199.7

Merger & Related Restructuring Charges

-5.3

Gain (Loss) On Sale Of Investments

11.3

1.2

0.2

-9.8

-9.9

EBT, Incl. Unusual Items

1,368

1,437.1

1,434.2

1,824.6

2,048.2

2,189.8

Income Tax Expense

333.6

339

336.7

431.8

490.9

528.9

Earnings From Continuing Operations

1,034.4

1,098.1

1,097.5

1,392.8

1,557.3

1,660.9

Net Income

1,034.4

1,098.1

1,097.5

1,392.8

1,557.3

1,660.9

Net Income to Common Incl Extra Items

1,034.4

1,098.1

1,097.5

1,392.8

1,557.3

1,660.9

Net Income to Common Excl. Extra Items

1,034.4

1,098.1

1,097.5

1,392.8

1,557.3

1,660.9

Total Shares Outstanding

359.3

358.8

359.8

359.9

360.5

360

Weighted Avg. Shares Outstanding

359.2

358.5

359.9

360.6

360.4

360.5

Weighted Avg. Shares Outstanding Dil

361.8

361

362.1

363.1

362.3

362.2

EPS

2.9

3.1

3

3.9

4.3

4.6

EPS Diluted

2.9

3

3

3.8

4.3

4.6

EBITDA

1,558.1

1,670.2

1,652.7

2,031.8

2,209.7

2,320.6

Effective Tax Rate

24.4%

23.6%

23.5%

23.7%

24%

24.2%