Paychex, Inc. (PAYX)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 4,041 | 4,057 | 4,612 | 5,007 | 5,278 | 5,572 | 6,512 | 6,603 |
| Operating profit | $m | 2,511 | 2,588 | ||||||
| Net profit | $m | 1,098 | 1,098 | 1,393 | 1,557 | 1,690 | 1,657 | 1,760 | 1,806 |
| EPS reported | $ | 4.89 | 5.03 | ||||||
| Operating cashflow per share | $ | 7.12 | 7.15 | ||||||
| Capex per share | $ | 0.65 | 0.66 | ||||||
| FCF per share | $ | 6.47 | 6.49 | ||||||
| Free cash flow | $m | 2,322 | 2,017 | ||||||
| Net debt | $m | 3,401 | 3,624 | ||||||
| Book value equity | $m | 3,735 | 3,706 | ||||||
| Book value per share | $ | 10.38 | 10.39 | ||||||
| Number of shares | m | 360 | 356.6 | ||||||
| DPS (TTM paid) | $ | 3.46 | 4.54 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 17.01 | 20.77 | ||||||
| P/B LTM | x | 9.84 | 15.35 | ||||||
| P/S LTM | x | 5.25 | 8.61 | ||||||
| P/FCF LTM | x | 15.84 | 28.20 | ||||||
| EV/EBITDA LTM | x | 12.01 | 19.61 | ||||||
| EV/Sales LTM | x | 5.87 | 7.20 | ||||||
| Earnings Yield LTM | % | +7.34% | +4.81% | ||||||
| FCF Yield | % | +6.32% | +3.55% | ||||||
| Quality | |||||||||
| ROE | % | +47.12% | +45.13% | ||||||
| ROIC | % | +20.44% | +20.44% | ||||||
| Operating margin | % | +38.55% | +38.55% | ||||||
| Gross margin | % | +74.29% | +74.29% | ||||||
| FCF/Sales | % | +35.65% | +35.65% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +6.77% | +7.71% | ||||||
| Sales Growth YoY | % | +16.88% | +25.09% | ||||||
| Net Income Growth YoY | % | +6.20% | +6.84% | ||||||
| FCF Growth | % | +31.97% | +16.15% | ||||||
| Operating Profit Growth | % | +13.72% | +19.03% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +4.32% | +3.72% | ||||||
| Dividend Growth | % | -18.01% | +18.54% | ||||||
| Payout Ratio | % | +90.30% | +90.37% | ||||||
| FCF/Debt | x | 0.50 | 0.44 | ||||||
| Net Debt/EBITDA | x | 1.16 | 1.16 | ||||||
| EBIT/Net interest | x | 9.32 | 9.32 | ||||||
| Net debt/market cap | % | +12.45% | +10.55% | ||||||
| Net debt/Equity | x | 0.91 | 0.98 | ||||||
| Gross debt/equity | x | 1.24 | 1.25 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
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