Val
—
Gro
—
Qua
—
Mom
—
Sta
—
Cap—
P/S10.95
P/E—
Fwd P/E19.12
PEG2.04
52W— – —
RSI—
Target$108.5 (-11.2%)
BetaN/A
Div—
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RSI (14)
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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.
52-Week Range
52W Low
—
52W High
Position in Range
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RSI (14)
0 · Oversold
RSI 75
Overbought · 100
Signal
Overbought
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
4Bullish
1Bearish
0Neutral
▲ Double Bottom — Two lows ~$87.75 — bullish reversal confirmed
▲ Bull Flag — Breakout after +9% pole — bullish continuation
▲ Bull Flag — Breakout after +11% pole — bullish continuation
▲ Bull Flag — Breakout after +20% pole — bullish continuation
▼ Double Top — Two peaks ~$103.11 — bearish reversal confirmed
View overlays on the price chart via Chart tab → Pattern Overlays.
EPS — History & Forecast
Estimate
Beat
Miss
Forecast
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Revenue — History & Forecast
Revenue
Forecast
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EPS Beat Rate
88%
7/8 quarters
Wall Street Consensus
HOLD
BuyHoldSell
Price Target Range
$108.5
-11.2% upside
Low $95
—
High $140
Consensus
Current price
Wall Street Analyst Ratings
| Firm | Rating | Change | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | — | ↔ Maintain | 2026-07-22 |
| Morgan Stanley | Equal-Weight | — | ↔ Maintain | 2026-06-30 |
| JP Morgan | Underweight | — | ↔ Maintain | 2026-06-25 |
| Stifel | Hold | — | ↔ Maintain | 2026-06-17 |
| Citigroup | Buy | Neutral → Buy | ▲ Upgrade | 2026-06-15 |
| TD Cowen | Hold | — | ↔ Maintain | 2026-06-08 |
| Wells Fargo | Underweight | — | ↔ Maintain | 2026-03-26 |
| Baird | Neutral | — | ↔ Maintain | 2026-03-26 |
| RBC Capital | Sector Perform | — | ↔ Maintain | 2026-03-19 |
| Guggenheim | Neutral | — | ● Initiate | 2026-03-19 |
| BMO Capital | Market Perform | — | ↔ Maintain | 2026-03-13 |
| Cantor Fitzgerald | Underweight | — | ● Initiate | 2026-01-27 |
| Jefferies | Hold | — | ↔ Maintain | 2025-12-08 |
UBS
2026-07-22
Neutral
↔ Maintain
Morgan Stanley
2026-06-30
Equal-Weight
↔ Maintain
JP Morgan
2026-06-25
Underweight
↔ Maintain
Stifel
2026-06-17
Hold
↔ Maintain
Citigroup
2026-06-15
Buy
(from Neutral)
▲ Upgrade
TD Cowen
2026-06-08
Hold
↔ Maintain
Wells Fargo
2026-03-26
Underweight
↔ Maintain
Baird
2026-03-26
Neutral
↔ Maintain
RBC Capital
2026-03-19
Sector Perform
↔ Maintain
Guggenheim
2026-03-19
Neutral
● Initiate
BMO Capital
2026-03-13
Market Perform
↔ Maintain
Cantor Fitzgerald
2026-01-27
Underweight
● Initiate
Jefferies
2025-12-08
Hold
↔ Maintain
Profitability
Gross Margin
67.20%TTM
Op. Margin
38.32%TTM
ROE
N/ATTM
Rev. Growth
12.50%YoY
Free Cash Flow
N/ATTM
FCF Yield
—TTM
Balance Sheet
Debt / Equity
123.97MRQ
Current Ratio
1.15MRQ
Cash
1.14BMRQ
Total Debt
4.63BMRQ
Net Debt
—MRQ
Dividend History
Payout Ratio (TTM): 90.59%
| Date | Amount / Share | Yield at Payment |
|---|---|---|
| 2026-07-28 | $1.1900 | 1.00% |
| 2026-05-13 | $1.1900 | 1.32% |
| 2026-01-28 | $1.0800 | 1.07% |
| 2025-11-07 | $1.0800 | 0.99% |
| 2025-07-21 | $1.0800 | 0.78% |
| 2025-05-12 | $1.0800 | 0.74% |
| 2025-02-07 | $0.9800 | 0.70% |
| 2024-11-07 | $0.9800 | 0.71% |
| 2024-08-08 | $0.9800 | 0.84% |
| 2024-05-09 | $0.9800 | 0.86% |
| 2024-02-12 | $0.8900 | 0.79% |
| 2023-11-13 | $0.8900 | 0.85% |
| 2023-08-09 | $0.8900 | 0.79% |
| 2023-05-10 | $0.8900 | 0.91% |
| 2023-02-08 | $0.7900 | 0.77% |
| 2022-11-08 | $0.7900 | 0.76% |
| 2022-08-10 | $0.7900 | 0.67% |
| 2022-05-11 | $0.7900 | 0.76% |
| 2022-01-28 | $0.6600 | 0.65% |
| 2021-10-29 | $0.6600 | 0.61% |
| 2021-07-30 | $0.6600 | 0.67% |
| 2021-05-11 | $0.6600 | 0.78% |
| 2021-01-29 | $0.6200 | 0.83% |
| 2020-10-30 | $0.6200 | 0.89% |
| 2020-07-31 | $0.6200 | 1.02% |
| 2020-05-14 | $0.6200 | 1.18% |
| 2020-01-31 | $0.6200 | 0.87% |
| 2019-10-31 | $0.6200 | 0.90% |
| 2019-07-31 | $0.6200 | 0.92% |
| 2019-05-14 | $0.6200 | 0.91% |
| 2019-01-31 | $0.5600 | 0.98% |
| 2018-10-31 | $0.5600 | 1.07% |
| 2018-07-31 | $0.5600 | 1.03% |
| 2018-05-08 | $0.5600 | 1.16% |
| 2018-01-31 | $0.5000 | 0.94% |
| 2017-10-31 | $0.5000 | 1.02% |
| 2017-07-28 | $0.5000 | 1.13% |
| 2017-05-08 | $0.4600 | 1.04% |
| 2017-01-30 | $0.4600 | 1.00% |
| 2016-10-28 | $0.4600 | 1.12% |
How PAYX Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 43.44B |
| Enterprise Value | 46.94B |
| Trailing P/E | 24.33 |
| Forward P/E | 19.12 |
| PEG Ratio (5yr) | 2.04 |
| Price/Sales (ttm) | 10.95 |
| Price/Book (mrq) | 11.63 |
| EV/Revenue | 11.83 |
| EV/EBITDA | 29.19 |
Share Statistics
| Avg Vol (3m) | 3.41M |
| Shares Outstanding | 355.68M |
| Float | N/A |
| % Held by Insiders | 10.36% |
| % Held by Institutions | 85.75% |
| Short Ratio | 5.11 |
| Short % of Float | 6.06% |
Profitability
| Gross Margin | 67.20% |
| Operating Margin (ttm) | 38.32% |
| Profit Margin | 26.63% |
| Return on Assets (ttm) | N/A |
| Return on Equity (ttm) | N/A |
Income Statement
| Revenue (ttm) | 3.97B |
| Revenue Growth (yoy) | 12.50% |
| Gross Profit (ttm) | 2.67B |
| EBITDA | 1.61B |
| Net Income (ttm) | N/A |
| Diluted EPS (ttm) | 5.02 |
| EPS Growth (yoy) | 43.40% |
Balance Sheet
| Total Cash (mrq) | 1.14B |
| Total Debt (mrq) | 4.63B |
| Debt / Equity (mrq) | 123.97 |
| Current Ratio (mrq) | 1.15 |
| Book Value / Share | 10.50 |
| Operating CF (ttm) | 1.18B |
| Free Cash Flow (ttm) | N/A |
Trading & Dividends
| Beta (5Y) | N/A |
| 50-Day MA | 103.23 |
| 200-Day MA | 103.69 |
| Fwd Dividend Yield | 400.00% |
| Payout Ratio | 90.59% |
Ownership Breakdown
Institutional 85.75%
Insider 10.36%
Public 3.9%
Short Interest
6.06% of float
Moderate
Institutional 13F Holdings
Famous investors who disclosed a position in PAYX in their latest SEC 13F filing.
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Insider Transactions
| Date | Insider | Role | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-20 | SCHRADER ROBERT L. | Chief Financial Officer | Sale at price 115.09 per share. | 2,600 | $299,234 |
| 2026-07-17 | MUCCI MARTIN | Chairman of the Board | Stock Gift at price 113.98 per share. | 9,309 | $1,061,058 |
| 2026-07-17 | SIMMONS CHRISTOPHER C | Officer and Treasurer | Sale at price 115.92 per share. | 2,615 | $303,131 |
| 2026-07-15 | SCHRADER ROBERT L. | Chief Financial Officer | Stock Award(Grant) at price 0.00 per share. | 4,364 | — |
| 2026-07-15 | ANTE ADAM BROOKS | Officer | Stock Award(Grant) at price 0.00 per share. | 3,409 | — |
| 2026-07-15 | BERGSTROM RYAN NORMAN | Officer | Stock Award(Grant) at price 0.00 per share. | 3,409 | — |
| 2026-07-15 | GIBSON JOHN B JR | Chief Executive Officer | Stock Award(Grant) at price 0.00 per share. | 14,318 | — |
| 2026-07-15 | SIMMONS CHRISTOPHER C | Officer and Treasurer | Stock Award(Grant) at price 0.00 per share. | 1,818 | — |
| 2026-07-15 | ARGIROPOULOS MASON | Officer | Stock Award(Grant) at price 0.00 per share. | 2,182 | — |
| 2026-07-15 | PARODI CHAD C | Officer | Stock Award(Grant) at price 0.00 per share. | 2,727 | — |
| 2026-07-14 | MUCCI MARTIN | Chairman of the Board | Conversion of Exercise of derivative security at price 57.24 per share. | 214,482 | $12,276,950 |
| 2026-07-14 | MUCCI MARTIN | Chairman of the Board | Sale at price 109.93 per share. | 25,000 | $2,748,250 |
| 2026-06-26 | TUCCI JOSEPH M | Director | Conversion of Exercise of derivative security at price 60.59 per share. | 10,220 | $619,230 |
| 2026-06-26 | TUCCI JOSEPH M | Director | Sale at price 98.25 per share. | 3,907 | $383,863 |
| 2026-06-01 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 96.98 per share. | 1,032 | $100,083 |
| 2026-05-13 | ROALDSEN ELIZABETH | Officer | Sale at price 90.00 per share. | 459 | $41,310 |
| 2026-05-08 | VELLI JOSEPH M | Director | Conversion of Exercise of derivative security at price 60.59 per share. | 10,220 | $619,230 |
| 2026-05-06 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 91.27 per share. | 109,300 | $9,975,811 |
| 2026-05-04 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 93.21 per share. | 163,930 | $15,279,915 |
| 2026-03-03 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 93.65 per share. | 1,104 | $103,390 |
| 2026-02-04 | DOODY JOSEPH G | Director | Purchase at price 98.76 per share. | 1,000 | $98,760 |
| 2026-02-04 | BONADIO THOMAS F | Director | Purchase at price 98.50 per share. | 1,000 | $98,498 |
| 2026-01-30 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 102.13 per share. | 26,130 | $2,668,657 |
| 2026-01-23 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 107.17 per share. | 9,390 | $1,006,326 |
| 2026-01-21 | GOLISANO B THOMAS | Beneficial Owner of more than 10% of a Class of Security | Stock Gift at price 107.77 per share. | 239,845 | $25,848,096 |
SCHRADER ROBERT L.
Chief Financial Officer
Sale at price 115.09 per share.
2026-07-20
2,600 sh
$299,234
MUCCI MARTIN
Chairman of the Board
Stock Gift at price 113.98 per share.
2026-07-17
9,309 sh
$1,061,058
SIMMONS CHRISTOPHER C
Officer and Treasurer
Sale at price 115.92 per share.
2026-07-17
2,615 sh
$303,131
SCHRADER ROBERT L.
Chief Financial Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
4,364 sh
—
ANTE ADAM BROOKS
Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
3,409 sh
—
BERGSTROM RYAN NORMAN
Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
3,409 sh
—
GIBSON JOHN B JR
Chief Executive Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
14,318 sh
—
SIMMONS CHRISTOPHER C
Officer and Treasurer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
1,818 sh
—
ARGIROPOULOS MASON
Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
2,182 sh
—
PARODI CHAD C
Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-15
2,727 sh
—
MUCCI MARTIN
Chairman of the Board
Conversion of Exercise of derivative security at price 57.24 per share.
2026-07-14
214,482 sh
$12,276,950
MUCCI MARTIN
Chairman of the Board
Sale at price 109.93 per share.
2026-07-14
25,000 sh
$2,748,250
TUCCI JOSEPH M
Director
Conversion of Exercise of derivative security at price 60.59 per share.
2026-06-26
10,220 sh
$619,230
TUCCI JOSEPH M
Director
Sale at price 98.25 per share.
2026-06-26
3,907 sh
$383,863
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 96.98 per share.
2026-06-01
1,032 sh
$100,083
ROALDSEN ELIZABETH
Officer
Sale at price 90.00 per share.
2026-05-13
459 sh
$41,310
VELLI JOSEPH M
Director
Conversion of Exercise of derivative security at price 60.59 per share.
2026-05-08
10,220 sh
$619,230
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 91.27 per share.
2026-05-06
109,300 sh
$9,975,811
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 93.21 per share.
2026-05-04
163,930 sh
$15,279,915
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 93.65 per share.
2026-03-03
1,104 sh
$103,390
DOODY JOSEPH G
Director
Purchase at price 98.76 per share.
2026-02-04
1,000 sh
$98,760
BONADIO THOMAS F
Director
Purchase at price 98.50 per share.
2026-02-04
1,000 sh
$98,498
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 102.13 per share.
2026-01-30
26,130 sh
$2,668,657
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 107.17 per share.
2026-01-23
9,390 sh
$1,006,326
GOLISANO B THOMAS
Beneficial Owner of more than 10% of a Class of Security
Stock Gift at price 107.77 per share.
2026-01-21
239,845 sh
$25,848,096