PAYX

Paychex, Inc.

Price Chart

Latest Quote

$95.93

-2.31 (-2.35%)

Current Price

Previous Close	$98.24
Open	$97.20
Day High	$98.35
Day Low	$95.81
Volume	4,444,627

Fetched: 2026-06-23T02:46:29

Stock Information

Quarterly Dividend / Yield	$4.76 / 4.96%
Shares Outstanding	358.29M
Quarterly Dividend Yield	4.96%
Quarterly Dividend	$4.76
Total Debt	$5.01B
Cash Equivalents	$1.78B
Revenue	$3.97B
Sector	Technology
Industry	Software - Application
Market Cap	$34.37B
P/E Ratio	21.18
EPS (TTM)	$4.53
Exchange	NMS

🌐 Visit Website

📊 Comprehensive Analysis

Company Data

Enterprise Value	$37.60B
Sales	$3.97B
Book/sh	$11.20
Cash/sh	$4.97

Financial Ratios

Quick Ratio	0.30
Current Ratio	1.15
Debt/Eq	124.91
EPS Growth TTM	7.90%

Returns & Margins

Gross Margin	67.20%
Operating Margin	44.38%
Profit Margin	26.63%

Ownership

Insider Ownership	10.30%
Institutional Ownership	85.48%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	16.27
PEG	1.71
P/S	8.66
P/B	8.56

Analyst Data

Recommendation	hold
Target Price	$105.43

Technical Indicators

SMA20	$98.68
SMA50	$94.15
SMA200	$104.47
RSI	33.40
ATR	2.9607

Short Float	6.25%
Short Ratio	6.28
Rel Volume	1.32

Performance History

Week	-4.67%
Month	+1.06%
Quarter	+4.99%
6 Months	-15.87%
YTD	-9.60%
Year	-33.56%
3 Years	-5.05%
5 Years	+6.73%
10 Years	+131.92%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-06-22	$95.93	4,444,627
2026-06-18	$98.24	7,100,900
2026-06-17	$97.58	3,603,300
2026-06-16	$100.28	3,386,400
2026-06-15	$100.90	3,593,900
2026-06-12	$100.63	2,639,300
2026-06-11	$99.27	3,147,800
2026-06-10	$101.10	2,679,600
2026-06-09	$100.28	3,369,100
2026-06-08	$98.92	3,612,200
2026-06-05	$100.53	2,410,100
2026-06-04	$99.48	2,237,400
2026-06-03	$98.45	2,446,800
2026-06-02	$100.79	2,513,100
2026-06-01	$102.44	4,135,500
2026-05-29	$96.98	5,719,700
2026-05-28	$95.51	2,270,600
2026-05-27	$94.43	2,474,600
2026-05-26	$94.80	2,959,500

About Paychex, Inc.

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services. The company provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services. In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; HR support to non-payroll clients through HR Partner Plus solution; and insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. Additionally, it offers payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and both virtual and on-site availability of a professionally trained HR representative, and other solutions to businesses. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

📰 Latest News

Did New Trust and Workplace Honors Just Shift Paychex's (PAYX) Investment Narrative?

Simply Wall St. • 2026-06-22T22:09:51Z

US Equity Investors to Watch Out for Micron Technology's Earnings, PCE Inflation, Iran Peace Talks This Week

MT Newswires • 2026-06-22T09:37:12Z

Paychex Gears Up to Report Q4 Earnings: What's in Store?

Zacks • 2026-06-19T13:59:00Z

What Analyst Projections for Key Metrics Reveal About Paychex (PAYX) Q4 Earnings

Zacks • 2026-06-18T13:15:02Z

Jim Cramer on ManpowerGroup: “It’s Never Really Been a Great Win for Me”

Insider Monkey • 2026-06-17T16:53:54Z

Paychex (PAYX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Zacks • 2026-06-17T14:00:04Z

Paychex upgraded to Buy by Citi on growth rebound, AI tailwinds

Investing.com • 2026-06-15T18:20:50Z

Datadog upgraded, Accenture downgraded: Wall Street's top analyst calls

The Fly • 2026-06-15T13:42:48Z

Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Datadog, DuPont, EPAM Systems, Ferrari, Paychex, Rocket Lab, TeraWulf, and More

24/7 Wall St. • 2026-06-15T12:03:56Z

SailPoint, Inc. (SAIL) Tops Q1 Earnings and Revenue Estimates

Zacks • 2026-06-09T12:15:02Z

Period:

Income Statement (Annual)

Metric	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Revenue
Reconciled Cost Of Revenue	$1,540,400,000	$1,479,300,000	$1,453,000,000	$1,356,300,000
Cost Of Revenue	$1,540,400,000	$1,479,300,000	$1,453,000,000	$1,356,300,000
Total Revenue	$5,571,700,000	$5,278,300,000	$5,007,100,000	$4,611,700,000
Operating Revenue	$5,410,000,000	$5,132,000,000	$4,907,300,000	$4,554,000,000
Expenses
Interest Expense	$105,400,000	$37,300,000	$36,700,000	$36,600,000
Total Expenses	$3,364,000,000	$3,104,200,000	$2,974,000,000	$2,771,700,000
Other Income Expense	$800,000	$-1,500,000	$2,700,000	$18,300,000
Other Non Operating Income Expenses	$800,000	$-1,500,000	$2,700,000	$18,300,000
Net Non Operating Interest Income Expense	$-32,600,000	$45,400,000	$12,400,000	$-33,700,000
Interest Expense Non Operating	$105,400,000	$37,300,000	$36,700,000	$36,600,000
Operating Expense	$1,823,600,000	$1,624,900,000	$1,521,000,000	$1,415,400,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Net Interest Income	$-32,600,000	$45,400,000	$12,400,000	$-33,700,000
Interest Income	$72,800,000	$82,700,000	$49,100,000	$2,900,000
Normalized Income	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Net Income From Continuing And Discontinued Operation	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Total Operating Income As Reported	$2,207,700,000	$2,174,100,000	$2,033,100,000	$1,840,000,000
Net Income Common Stockholders	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Net Income	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Net Income Including Noncontrolling Interests	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Net Income Continuous Operations	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Pretax Income	$2,175,900,000	$2,218,000,000	$2,048,200,000	$1,824,600,000
Interest Income Non Operating	$72,800,000	$82,700,000	$49,100,000	$2,900,000
Operating Income	$2,207,700,000	$2,174,100,000	$2,033,100,000	$1,840,000,000
Gross Profit	$4,031,300,000	$3,799,000,000	$3,554,100,000	$3,255,400,000
Per Share
Diluted EPS	$4.58	$4.67	$4.30	$3.84
Basic EPS	$4.60	$4.69	$4.32	$3.86
Other
Tax Effect Of Unusual Items	$0	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$2,490,800,000	$2,431,800,000	$2,261,500,000	$2,053,000,000
Reconciled Depreciation	$209,500,000	$176,500,000	$176,600,000	$191,800,000
EBITDA (Bullshit earnings)	$2,490,800,000	$2,431,800,000	$2,261,500,000	$2,053,000,000
EBIT	$2,281,300,000	$2,255,300,000	$2,084,900,000	$1,861,200,000
Diluted Average Shares	$362,000,000	$362,100,000	$362,300,000	$363,100,000
Basic Average Shares	$360,200,000	$360,300,000	$360,400,000	$360,600,000
Diluted NI Availto Com Stockholders	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000
Tax Provision	$518,600,000	$527,600,000	$490,900,000	$431,800,000
Selling General And Administration	$1,823,600,000	$1,624,900,000	$1,521,000,000	$1,415,400,000

Fetched: 2026-06-22

Balance Sheet (Annual)

Metric	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Assets
Net Tangible Assets	$-2,333,400,000	$1,723,800,000	$1,471,800,000	$1,029,100,000
Total Assets	$16,564,100,000	$10,383,100,000	$10,546,400,000	$9,635,200,000
Total Non Current Assets	$7,647,600,000	$3,131,600,000	$3,018,300,000	$3,053,600,000
Other Non Current Assets	$128,500,000	$115,000,000	$65,200,000	$79,200,000
Non Current Deferred Assets	$482,400,000	$477,100,000	$470,100,000	$433,300,000
Goodwill And Other Intangible Assets	$6,461,400,000	$2,077,200,000	$2,021,400,000	$2,056,100,000
Other Intangible Assets	$1,947,300,000	$194,500,000	$187,400,000	$224,600,000
Current Assets	$8,916,500,000	$7,251,500,000	$7,528,100,000	$6,581,600,000
Other Current Assets	$378,300,000	$321,900,000	$289,800,000	$272,300,000
Restricted Cash	$4,861,200,000	$3,754,000,000	$4,168,600,000	$3,733,200,000
Prepaid Assets	$38,900,000	$47,500,000	$48,100,000	$34,000,000
Receivables	$1,975,000,000	$1,625,300,000	$1,426,200,000	$1,318,200,000
Other Receivables	$616,600,000	$542,400,000	$528,500,000	$572,100,000
Accrued Interest Receivable	$27,900,000	$23,300,000	$24,400,000	$22,300,000
Accounts Receivable	$1,330,500,000	$1,059,600,000	$873,300,000	$723,800,000
Allowance For Doubtful Accounts Receivable	$-26,000,000	$-21,300,000	$-20,500,000	$-18,200,000
Gross Accounts Receivable	$1,356,500,000	$1,080,900,000	$893,800,000	$742,000,000
Cash Cash Equivalents And Short Term Investments	$1,663,100,000	$1,502,800,000	$1,595,400,000	$1,223,900,000
Cash And Cash Equivalents	$1,628,600,000	$1,468,900,000	$1,222,000,000	$370,000,000
Debt
Net Debt	$3,338,200,000	-	-	$436,400,000
Total Debt	$5,022,300,000	$866,300,000	$865,700,000	$881,200,000
Long Term Debt And Capital Lease Obligation	$4,603,900,000	$847,600,000	$855,500,000	$872,500,000
Long Term Debt	$4,548,400,000	$798,600,000	$798,200,000	$797,700,000
Current Debt And Capital Lease Obligation	$418,400,000	$18,700,000	$10,200,000	$8,700,000
Current Debt	$418,400,000	$18,700,000	$10,200,000	$8,700,000
Other Current Borrowings	$399,800,000	-	-	-
Liabilities
Total Liabilities Net Minority Interest	$12,436,100,000	$6,582,100,000	$7,053,200,000	$6,550,000,000
Total Non Current Liabilities Net Minority Interest	$5,479,800,000	$1,273,000,000	$1,247,800,000	$1,280,800,000
Other Non Current Liabilities	$312,200,000	$236,800,000	$197,200,000	$184,700,000
Tradeand Other Payables Non Current	$119,000,000	$102,600,000	$83,000,000	$58,100,000
Non Current Deferred Liabilities	$444,700,000	$86,000,000	$112,100,000	$165,500,000
Non Current Deferred Taxes Liabilities	$444,700,000	$86,000,000	$112,100,000	$165,500,000
Current Liabilities	$6,956,300,000	$5,309,100,000	$5,805,400,000	$5,269,200,000
Other Current Liabilities	$5,419,000,000	$4,338,500,000	$4,689,400,000	$4,207,600,000
Current Deferred Liabilities	$69,400,000	$50,200,000	$47,300,000	$38,400,000
Payables And Accrued Expenses	$129,800,000	$104,300,000	$84,700,000	$105,700,000
Payables	$129,800,000	$104,300,000	$84,700,000	$105,700,000
Accounts Payable	$129,800,000	$104,300,000	$84,700,000	$105,700,000
Total Tax Payable	-	-	-	-
Income Tax Payable	-	-	-	-
Equity
Common Stock Equity	$4,128,000,000	$3,801,000,000	$3,493,200,000	$3,085,200,000
Total Equity Gross Minority Interest	$4,128,000,000	$3,801,000,000	$3,493,200,000	$3,085,200,000
Stockholders Equity	$4,128,000,000	$3,801,000,000	$3,493,200,000	$3,085,200,000
Gains Losses Not Affecting Retained Earnings	$-53,700,000	$-145,100,000	$-159,900,000	$-133,900,000
Other Equity Adjustments	$-53,700,000	$-145,100,000	$-159,900,000	$-133,900,000
Retained Earnings	$2,277,000,000	$2,213,000,000	$2,023,100,000	$1,669,600,000
Other
Ordinary Shares Number	$360,500,000	$360,100,000	$360,500,000	$359,900,000
Share Issued	$360,500,000	$360,100,000	$360,500,000	$359,900,000
Tangible Book Value	$-2,333,400,000	$1,723,800,000	$1,471,800,000	$1,029,100,000
Invested Capital	$9,094,800,000	$4,618,300,000	$4,301,600,000	$3,891,600,000
Working Capital	$1,960,200,000	$1,942,400,000	$1,722,700,000	$1,312,400,000
Capital Lease Obligations	$55,500,000	$49,000,000	$57,300,000	$74,800,000
Total Capitalization	$8,676,400,000	$4,599,600,000	$4,291,400,000	$3,882,900,000
Additional Paid In Capital	$1,901,100,000	$1,729,500,000	$1,626,400,000	$1,545,900,000
Capital Stock	$3,600,000	$3,600,000	$3,600,000	$3,600,000
Common Stock	$3,600,000	$3,600,000	$3,600,000	$3,600,000
Long Term Capital Lease Obligation	$55,500,000	$49,000,000	$57,300,000	$74,800,000
Current Deferred Revenue	$69,400,000	$50,200,000	$47,300,000	$38,400,000
Line Of Credit	$18,600,000	$18,700,000	$10,200,000	$8,700,000
Pensionand Other Post Retirement Benefit Plans Current	$919,700,000	$797,400,000	$973,800,000	$908,800,000
Investments And Advances	$0	$3,700,000	$3,800,000	$5,000,000
Goodwill	$4,514,100,000	$1,882,700,000	$1,834,000,000	$1,831,500,000
Net PPE	$575,300,000	$458,600,000	$457,800,000	$480,000,000
Accumulated Depreciation	$-1,215,200,000	$-1,132,300,000	$-1,081,200,000	$-1,055,700,000
Gross PPE	$1,790,500,000	$1,590,900,000	$1,539,000,000	$1,535,700,000
Leases	$51,600,000	$47,600,000	$67,300,000	$91,700,000
Construction In Progress	$67,500,000	$60,700,000	$51,700,000	$50,700,000
Other Properties	$306,600,000	$260,200,000	$276,000,000	$296,100,000
Machinery Furniture Equipment	$1,199,500,000	$1,082,000,000	$1,004,500,000	$929,800,000
Buildings And Improvements	$152,300,000	$131,400,000	$130,500,000	$157,100,000
Land And Improvements	$13,000,000	$9,000,000	$9,000,000	$10,300,000
Properties	$0	$0	$0	$0
Other Short Term Investments	$34,500,000	$33,900,000	$373,400,000	$853,900,000

Fetched: 2026-06-22

Cash Flow Statement (Annual)

Metric	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Free Cash Flow
Free Cash Flow	$1,709,100,000	$1,736,300,000	$1,563,200,000	$1,455,900,000
Operating Activities
Operating Cash Flow	$1,900,900,000	$1,897,700,000	$1,706,200,000	$1,589,700,000
Cash Flow From Continuing Operating Activities	$1,900,900,000	$1,897,700,000	$1,706,200,000	$1,589,700,000
Operating Gains Losses	$4,100,000	$35,400,000	$11,100,000	$200,000
Investing Activities
Capital Expenditure	$-191,800,000	$-161,400,000	$-143,000,000	$-133,800,000
Investing Cash Flow	$-3,356,800,000	$-260,900,000	$211,700,000	$-1,505,100,000
Cash Flow From Continuing Investing Activities	$-3,356,800,000	$-260,900,000	$211,700,000	$-1,505,100,000
Net Other Investing Changes	$-187,100,000	$-183,900,000	$-17,200,000	$-94,800,000
Financing Activities
Repurchase Of Capital Stock	$-104,500,000	$-169,200,000	$0	$-145,200,000
Financing Cash Flow	$2,293,200,000	$-1,874,700,000	$-711,400,000	$-979,300,000
Cash Flow From Continuing Financing Activities	$2,293,200,000	$-1,874,700,000	$-711,400,000	$-979,300,000
Net Other Financing Charges	$-338,500,000	$-425,300,000	$472,000,000	$141,600,000
Cash Dividends Paid	$-1,448,500,000	$-1,315,300,000	$-1,175,000,000	$-999,600,000
Common Stock Dividend Paid	$-1,448,500,000	$-1,315,300,000	$-1,175,000,000	$-999,600,000
Net Common Stock Issuance	$-104,500,000	$-169,200,000	$0	$-145,200,000
Other
Issuance Of Debt	$4,180,900,000	$9,000,000	$2,000,000	$1,300,000
Interest Paid Supplemental Data	$37,500,000	$36,200,000	$35,700,000	$35,500,000
Income Tax Paid Supplemental Data	$512,400,000	$539,500,000	$525,800,000	$397,700,000
End Cash Position	$2,734,300,000	$1,897,000,000	$2,134,900,000	$928,400,000
Beginning Cash Position	$1,897,000,000	$2,134,900,000	$928,400,000	$1,823,100,000
Changes In Cash	$837,300,000	$-237,900,000	$1,206,500,000	$-894,700,000
Proceeds From Stock Option Exercised	$3,800,000	$26,100,000	$-10,400,000	$22,600,000
Common Stock Payments	$-104,500,000	$-169,200,000	$0	$-145,200,000
Net Issuance Payments Of Debt	$4,180,900,000	$9,000,000	$2,000,000	$1,300,000
Net Short Term Debt Issuance	$0	$9,000,000	$2,000,000	$1,300,000
Short Term Debt Issuance	$0	$9,000,000	$2,000,000	$1,300,000
Net Long Term Debt Issuance	$4,180,900,000	$0	$0	-
Long Term Debt Issuance	$4,180,900,000	$0	$0	-
Net Investment Purchase And Sale	$-10,400,000	$292,700,000	$357,900,000	$-1,252,800,000
Sale Of Investment	$14,292,500,000	$7,161,200,000	$14,943,200,000	$16,554,900,000
Purchase Of Investment	$-14,302,900,000	$-6,868,500,000	$-14,585,300,000	$-17,807,700,000
Net Business Purchase And Sale	$-2,967,500,000	$-208,300,000	$-2,700,000	$-24,900,000
Purchase Of Business	$-2,967,500,000	$-208,300,000	$-2,700,000	$-24,900,000
Net PPE Purchase And Sale	$-191,800,000	$-161,400,000	$-126,300,000	$-132,600,000
Sale Of PPE	$0	$0	$16,700,000	$1,200,000
Purchase Of PPE	$-191,800,000	$-161,400,000	$-143,000,000	$-133,800,000
Change In Working Capital	$-330,900,000	$-280,400,000	$-312,400,000	$-291,700,000
Change In Other Working Capital	$-226,700,000	$-242,300,000	$-243,100,000	$-245,100,000
Change In Payables And Accrued Expense	$42,300,000	$-127,000,000	$86,300,000	$113,100,000
Change In Payable	$42,300,000	$-127,000,000	$86,300,000	$113,100,000
Change In Account Payable	$42,300,000	$-127,000,000	$86,300,000	$113,100,000
Change In Prepaid Assets	$-12,000,000	$-25,200,000	$-17,800,000	$-7,700,000
Change In Receivables	$-134,500,000	$114,100,000	$-137,800,000	$-152,000,000
Changes In Account Receivables	$-130,700,000	$113,000,000	$-135,700,000	$-154,100,000
Other Non Cash Items	$217,300,000	$231,700,000	$219,100,000	$202,100,000
Stock Based Compensation	$111,800,000	$61,100,000	$62,600,000	$52,800,000
Provisionand Write Offof Assets	$24,200,000	$19,800,000	$17,700,000	$10,500,000
Amortization Of Securities	$23,400,000	$-7,000,000	$18,200,000	$28,900,000
Deferred Tax	$-15,800,000	$-29,800,000	$-44,000,000	$2,300,000
Deferred Income Tax	$-15,800,000	$-29,800,000	$-44,000,000	$2,300,000
Depreciation Amortization Depletion	$209,500,000	$176,500,000	$176,600,000	$191,800,000
Depreciation And Amortization	$209,500,000	$176,500,000	$176,600,000	$191,800,000
Amortization Cash Flow	$90,700,000	$49,000,000	$48,200,000	$58,100,000
Amortization Of Intangibles	$90,700,000	$49,000,000	$48,200,000	$58,100,000
Depreciation	$118,800,000	$127,500,000	$128,400,000	$133,700,000
Gain Loss On Investment Securities	$400,000	$2,600,000	$9,800,000	$-200,000
Net Income From Continuing Operations	$1,657,300,000	$1,690,400,000	$1,557,300,000	$1,392,800,000

Fetched: 2026-06-22