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StockVS

NASDAQ · Software - Application · USD

Paychex, Inc. (PAYX) Stock Analysis

Paychex, Inc. (PAYX) is a Software - Application stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

PAYX

$112.50

−$0.12 (−0.11%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PAYX Key Statistics

As of Oct 21, 2026
Trading
Open
$111.75
Previous Close
$112.62
Day's Range
111.69–113.52
52-Week Range
85.45–128.57
Volume
1.80M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.85
Valuation
Market Cap
$40.05B
P/E Ratio
22.32
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
17.61
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.10
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
6.07
EPS (ttm)Profit attributable to each share over the last twelve months.
5.04
Financials (FY)
Revenue (FY)
$6.51B+16.88%
Net Income (FY)
$1.76B+6.20%
Profit marginThe share of revenue left as profit after all costs and taxes.
27.35%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
355.98M
1-Year Return
−7.91%
Dividend and dates
Dividend
$4.76+4.23%
Ex-Dividend Date
October 26, 2026
Earnings Date
December 18, 2026estimated
Avg Volume
3.00M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PAYX closed at $112.50, −7.91% over 1 year.

Paychex, Inc. (PAYX) has a market capitalization of $40.05B.

In fiscal 2025, PAYX reported revenue of $6.51B.

PAYX Stock Return by Calendar Year

Paychex, Inc. (PAYX) 10-year return: what $10,000 became

1 year
$10,000 $9,209
−7.91%
5 years
$10,000 $10,736
+7.36%
10 years
$10,000 $27,413
+174.13%

If you had invested $10,000 in Paychex, Inc. (PAYX) 10 years ago, at the close on October 21, 2016, it would have been worth $27,413 at the close on October 21, 2026: +174.13% in total, +10.61% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+3.70%
2025−17.49%
2024+21.31%
2023+6.21%
2022−13.16%
2021+50.16%
2020+13.25%
2019+34.53%
2018−1.08%
2017+15.41%
2016 (partial year)+3.91%

As of October 21, 2026.

PAYX Revenue and Earnings by Fiscal Year

FY ends May
Fiscal yearRevenueNet incomeNet margin
2025$6.51B$1.76B27.0%
2024$5.57B$1.66B29.7%
2023$5.28B$1.69B32.0%
2022$5.01B$1.56B31.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$6.51B$4.84B$2.51B$1.76B27.0%
2024$5.57B$4.03B$2.21B$1.66B29.7%
2023$5.28B$3.80B$2.17B$1.69B32.0%
2022$5.01B$3.55B$2.03B$1.56B31.1%

Annual figures as reported, in the company's reporting currency. As of May 31, 2026.

PAYX Dividend History

$4.22+10.2% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$3.463—
2025$4.224+10.2%
2024$3.834+10.7%
2023$3.464+14.2%
YearDividends per sharePaymentsChange
2026 (partial year)$3.463—
2025$4.224+10.2%
2024$3.834+10.7%
2023$3.464+14.2%
2022$3.034+16.5%
2021$2.604+4.8%
2020$2.484+2.5%
2019$2.424+11.0%
2018$2.184+13.5%
2017$1.924+317.4%
2016$0.461—

Most recent payment: $1.15 per share, ex-dividend July 28, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PAYX Valuation vs Software - Application Median

Median of 240 stocks
MetricPAYXSoftware - Application medianvs median
P/E22.3229.7925% below
P/S ratio6.072.83115% above
Profit margin27.35%0.82%26.5 pts above

Medians across 240 Software - Application stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Paychex, Inc. (PAYX) at $40.05B. The company sits in the Technology sector, in the Software - Application industry. The company reports 17,600 employees.

The most recent close on file for PAYX is $112.50, dated October 21, 2026. That is −$0.12 (−0.11%) against the previous close. The 52-week range on file runs from $85.45 to $128.57. The latest close sits 31.66% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $6.51B. That is +16.88% against the prior fiscal year, when revenue was $5.57B. The same year closed with net income of $1.76B. That is +6.20% against the prior fiscal year. Profit margin runs at 27.35%. That is 26.5 percentage points above the Software - Application median of 0.82%. Trailing earnings per share are 5.04.

Across the 4 fiscal years on file, revenue moves from $5.01B in 2022 to $6.51B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 22.32 times earnings. That is 25.08% below the Software - Application median of 29.79. The forward P/E on file is 17.61. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.1. The price-to-sales ratio is 6.07. On price-to-sales that is 114.62% above the Software - Application median of 2.83. 240 Software - Application companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −7.91%. Measured over 10 years, that is +10.61% a year compounded. The reported beta is 0.85. Daily returns over the trailing 10 years annualize to a volatility of 25.78%.

Growth & Income

Shareholders receive a dividend, yielding 4.23% on the latest price. That is 3 percentage points above the Software - Application median yield of 1.21%. The indicated annual rate is $4.76 a share. The ex-dividend date on file is October 26, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $3.46 a share. The year before, 2025, totalled $4.22 a share.

Across the complete calendar years on file, 2021 returned +50.16% and 2025 returned −17.49%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the total return is +3.70%.

Peer Comparison

Paychex, Inc. (PAYX) operates in the Software - Application industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Paychex, Inc. PAYX $40.05B 22.3
SAP SE SAP $268.62B 29.9
Shopify Inc. SHOP $226.17B 117.8
Salesforce, Inc. CRM $198.98B 22.1

The Software - Application industry average P/E ratio is 29.8x. Paychex, Inc. trades at a P/E of 22.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Paychex, Inc.

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services. The company also 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; administrative services organization HR outsourcing solutions; solutions to payroll and non-payroll customers; retirement and funding solutions; 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, HR, employee benefits administration, retirement, insurance, risk management outsourcing, and access to professionally trained HR representatives, virtually and on-site. It markets and sells its solutions primarily through its direct sales force. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

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