Paychex, Inc.
NASDAQ Global SelectTotal Valuation
Paychex, Inc. carries a market capitalization of 43.40B, placing it among publicly traded companies globally. Its enterprise value stands at 37.97B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 43.40B |
| Enterprise Value | 37.97B |
Share Statistics
Paychex, Inc. currently has 355.60M shares outstanding.
| Shares Outstanding | 355.60M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Paychex, Inc. trades at a trailing price-to-earnings ratio of 19.78. The price-to-sales ratio is 5.35, and the price-to-book ratio stands at 9.23.
| PE Ratio | 19.78 |
| PS Ratio | 5.35 |
| PB Ratio | 9.23 |
| P/TBV Ratio | -13.93 |
| P/FCF Ratio | 12.51 |
| P/OCF Ratio | 13.62 |
Enterprise Valuation
On an enterprise value basis, Paychex, Inc. trades at an EV/EBITDA multiple of 12.86 and an EV/FCF ratio of 12.67. The EV/Sales ratio of 5.83 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 15.12 provides insight into valuation relative to core operating earnings.
| EV / Sales | 5.83 |
| EV / EBITDA | 12.86 |
| EV / EBIT | 15.12 |
| EV / FCF | 12.67 |
Financial Position
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.
| Current Ratio | 1.26 |
| Quick Ratio | 0.49 |
| Debt / Equity | 123.38 |
| Debt / EBITDA | 1.56 |
| Interest Coverage | 10.96 |
Financial Efficiency
Paychex, Inc. posts a return on equity of 44.77 and a return on invested capital of 21.83.
| Return on Equity (ROE) | 44.77 |
| Return on Assets (ROA) | 10.75 |
| Return on Invested Capital (ROIC) | 21.83 |
| Return on Capital Employed (ROCE) | 22.47 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Paychex, Inc. has paid 550.80M in income taxes, reflecting an effective tax rate of 23.83.
| Income Tax | 550.80M |
| Effective Tax Rate | 23.83 |
Stock Price Statistics
Paychex, Inc.'s stock has declined approximately -11.25173% over the past 52 weeks. The 50-day moving average sits at 108.35, while the 200-day moving average is 103.31.
| Beta (5Y) | N/A |
| 52-Week Price Change | -11.25173% |
| 50-Day Moving Average | 108.35 |
| 200-Day Moving Average | 103.31 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Paychex, Inc. generated 6.51B in revenue and converted that into 1.76B in net income, yielding earnings per share of 4.89. EBITDA reached 2.95B, while operating income came in at 2.51B.
| Revenue | 6.51B |
| Gross Profit | 4.84B |
| Operating Income | 2.51B |
| Pretax Income | 2.31B |
| Net Income | 1.76B |
| EBITDA | 2.95B |
| EBIT | 2.51B |
| Earnings Per Share (EPS) | 4.89 |
Balance Sheet
Paychex, Inc. holds 1.12B in cash and equivalents against 4.61B in total debt, resulting in a net debt position of 3.47B. Total book value stands at 3.74B, with working capital of 1.77B providing operational flexibility.
| Cash & Cash Equivalents | 1.12B |
| Total Debt | 4.61B |
| Net Debt | 3.47B |
| Equity (Book Value) | 3.74B |
| Book Value Per Share | 10.50 |
| Working Capital | 1.77B |
Cash Flow
Paychex, Inc. produced 2.56B in operating cash flow over the past twelve months. After subtracting -234.90M in capital expenditures, free cash flow totaled 2.32B - equivalent to 6.47 per share.
| Operating Cash Flow | 2.56B |
| Capital Expenditures | -234.90M |
| Free Cash Flow | 2.32B |
| FCF Per Share | 6.47 |
Margins
Paychex, Inc. operates with 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.
| Gross Margin | 74.29 |
| Operating Margin | 38.55 |
| Pretax Margin | 35.49 |
| Profit Margin | 27.03 |
| EBITDA Margin | 45.35 |
Dividends & Yields
The company's payout ratio of 90.31 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 4.43 |
| Dividend Yield | N/A |
| Payout Ratio | 90.31 |
| Shareholder Yield | 7.70 |
| FCF Yield | 8.00 |
Stock Splits
Paychex, Inc.'s most recent stock split took place on May 23, 2000 with a 2:3 split ratio.
| Last Split Date | 5/23/2000 |
| Split Ratio | 2:3 |
Scores
Paychex, Inc. posts an Altman Z-Score of 3.62, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 3.62 |