PAYX · Paychex, Inc.
Technology NMS United States paychex.com ↗
BULLISH HOLD
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)
Pattern Overlays
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Software - Application Rochester, United States 17,600 employees
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
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.

Next Earnings Sep 29, 2026
Beat Rate 88%
Consensus HOLD
Analyst Upside -11.2%
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
2
12
4
BuyHoldSell
Price Target Range
$108.5 -11.2% upside
Low $95 High $140
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
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%
DateAmount / ShareYield 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
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap43.44B
Enterprise Value46.94B
Trailing P/E24.33
Forward P/E19.12
PEG Ratio (5yr)2.04
Price/Sales (ttm)10.95
Price/Book (mrq)11.63
EV/Revenue11.83
EV/EBITDA29.19
Share Statistics
Avg Vol (3m)3.41M
Shares Outstanding355.68M
FloatN/A
% Held by Insiders10.36%
% Held by Institutions85.75%
Short Ratio5.11
Short % of Float6.06%
Profitability
Gross Margin67.20%
Operating Margin (ttm)38.32%
Profit Margin26.63%
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
EBITDA1.61B
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 / Share10.50
Operating CF (ttm)1.18B
Free Cash Flow (ttm)N/A
Trading & Dividends
Beta (5Y)N/A
50-Day MA103.23
200-Day MA103.69
Fwd Dividend Yield400.00%
Payout Ratio90.59%
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
DateInsiderRoleTransactionSharesValue
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