Paychex, Inc.

As of May 31, 2026, Paychex, Inc. carries a market capitalization of 29.10B, placing it among publicly traded companies globally. Its enterprise value stands at 32.09B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Paychex, Inc.'s next confirmed earnings release is scheduled for December 17, 2026.

As of May 31, 2026, Paychex, Inc. has 355.60M shares outstanding.

As of May 31, 2026, Paychex, Inc. trades at a trailing price-to-earnings ratio of 19.45. The price-to-sales ratio is 5.26, and the price-to-book ratio stands at 9.08.

As of May 31, 2026, Paychex, Inc. trades at an EV/EBITDA multiple of 12.67 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.74 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 14.90 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Paychex, Inc. trades at an EV/FCF ratio of 14.80, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 32.09B versus a market cap of 29.10B, with the gap driven by net debt and cash on the balance sheet.

As of May 31, 2026, Paychex, Inc. maintains a current ratio of 1.26, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 123.38, indicating elevated leverage, while an interest coverage ratio of 10.96 demonstrates strong ability to service its debt obligations.

Over the twelve months ended May 31, 2026, Paychex, Inc. posted a return on equity (ROE) of 44.77, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 21.83 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 10.75, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 22.47, useful for judging operating efficiency across full business cycles. The company generates approximately 299,517.08 in revenue per employee across its workforce of 18,650.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended May 31, 2026, Paychex, Inc. recorded 472.48M in income tax expense. That works out to an effective tax rate of 23.83, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.98B, leaving 1.51B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Paychex, Inc.'s stock has declined approximately 8.62% over the past 52 weeks. The 50-day moving average sits at 99.52, while the 200-day moving average is 89.34.

Over the twelve months ended May 31, 2026, Paychex, Inc. generated 5.59B in revenue and converted that into 1.51B in net income, yielding earnings per share of 4.19. EBITDA reached 2.53B, while operating income came in at 2.15B.

As of May 31, 2026, Paychex, Inc. holds 964.60M in cash and equivalents against 3.95B in total debt, resulting in a net debt position of 2.97B. Total book value stands at 3.20B, with working capital of 1.52B providing operational flexibility.

Paychex, Inc. produced 2.19B in operating cash flow over the twelve months ended May 31, 2026. After subtracting -201.50M in capital expenditures, free cash flow totaled 1.99B - equivalent to 5.55 per share.

Over the twelve months ended May 31, 2026, Paychex, Inc. posted a gross margin of 74.29, reflecting its pricing power and cost economics. The operating margin of 38.55 and net profit margin of 27.03 provide insight into operational efficiency.

Over the twelve months ended May 31, 2026, Paychex, Inc. paid dividends of 3.80 per share. The dividend payout ratio of 90.31 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.76, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 7.82, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Paychex, Inc. shareholders.

Paychex, Inc.'s most recent stock split took place on May 23, 2000 with a 2:3 split ratio.

As of May 31, 2026, Paychex, Inc. has an Altman Z-Score of 3.59, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.