Price Alert

Paychex Inc. (PAYX)

NASDAQ: PAYX · Real-Time Price · USD

138.13

0.64 (0.47%)

At close: Aug 15, 2025, 3:59 PM

138.25

0.09%

After-hours: Aug 15, 2025, 05:37 PM EDT

Paychex Statistics

Share Statistics

Paychex has 360.24M shares outstanding. The number of shares has increased by 0.12% in one year.

Shares Outstanding	360.24M
Shares Change (YoY)	0.12%
Shares Change (QoQ)	0%
Owned by Institutions (%)	77.64%
Shares Floating	322.17M
Failed to Deliver (FTD) Shares	200
FTD / Avg. Volume	0.01%

Short Selling Information

The latest short interest is 11.61M, so 3.22% of the outstanding shares have been sold short.

Short Interest	11.61M
Short % of Shares Out	3.22%
Short % of Float	3.61%
Short Ratio (days to cover)	4.28

Valuation Ratios

The PE ratio is 34.32 and the forward PE ratio is 25.81. Paychex's PEG ratio is -17.88.

PE Ratio	34.32
Forward PE	25.81
PS Ratio	10.21
Forward PS	7.6
PB Ratio	13.78
P/FCF Ratio	32.33
PEG Ratio	-17.88

Financial Ratio History

Enterprise Valuation

Paychex has an Enterprise Value (EV) of 60.27B.

EV / Sales	10.82
EV / EBITDA	24.2
EV / EBIT	30.89
EV / FCF	34.26

Financial Position

The company has a current ratio of 1.28, with a Debt / Equity ratio of 1.22.

Current Ratio	1.28
Quick Ratio	1.28
Debt / Equity	1.22
Debt / EBITDA	2.02
Debt / FCF	2.85
Interest Coverage	20.95

Financial Efficiency

Return on Equity is 40.15% and Return on Invested Capital is 16.77%.

Return on Equity	40.15%
Return on Assets	10.01%
Return on Invested Capital	16.77%
Revenue Per Employee	$337.68K
Profits Per Employee	$100.44K
Employee Count	16,500
Asset Turnover	0.34
Inventory Turnover	n/a

Taxes

Income Tax	518.6M
Effective Tax Rate	23.83%

Stock Price Statistics

The stock price has increased by 11.99% in the last 52 weeks. The beta is 0.91, so Paychex's price volatility has been higher than the market average.

Beta	0.91
52-Week Price Change	11.99%
50-Day Moving Average	147.78
200-Day Moving Average	146.56
Relative Strength Index (RSI)	42.38
Average Volume (20 Days)	2,209,101

Income Statement

In the last 12 months, Paychex had revenue of 5.57B and earned 1.66B in profits. Earnings per share was 4.6.

Revenue	5.57B
Gross Profit	4.03B
Operating Income	2.21B
Net Income	1.66B
EBITDA	2.49B
EBIT	2.28B
Earnings Per Share (EPS)	4.6

Full Income Statement

Balance Sheet

The company has 1.63B in cash and 5.02B in debt, giving a net cash position of -3.39B.

Cash & Cash Equivalents	1.63B
Total Debt	5.02B
Net Cash	-3.39B
Retained Earnings	2.28B
Total Assets	16.56B
Working Capital	1.96B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.95B and capital expenditures -191.8M, giving a free cash flow of 1.76B.

Operating Cash Flow	1.95B
Capital Expenditures	-191.8M
Free Cash Flow	1.76B
FCF Per Share	4.88

Full Cash Flow Statement

Margins

Gross margin is 72.35%, with operating and profit margins of 39.62% and 29.74%.

Gross Margin	72.35%
Operating Margin	39.62%
Pretax Margin	39.05%
Profit Margin	29.74%
EBITDA Margin	44.7%
EBIT Margin	39.62%
FCF Margin	31.58%

Dividends & Yields

PAYX pays an annual dividend of $5.1, which amounts to a dividend yield of 2.89%.

Dividend Per Share	$5.10
Dividend Yield	2.89%
Dividend Growth (YoY)	10.11%
Payout Ratio	111.35%
Earnings Yield	2.91%
FCF Yield	3.09%

Dividend Details

Analyst Forecast

The average price target for PAYX is $150, which is 8.2% higher than the current price. The consensus rating is "Hold".

Price Target	$150
Price Target Difference	8.2%
Analyst Consensus	Hold
Analyst Count	10

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$39.42
Lynch Upside	-71.56%
Graham Number	34.44
Graham Upside	-75.15%

Stock Splits

The last stock split was on May 23, 2000. It was a forward split with a ratio of 3:2.

Last Split Date	May 23, 2000
Split Type	forward
Split Ratio	3:2

Scores

Altman Z-Score	3.58
Piotroski F-Score	6