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Paychex, Inc. (PAYX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS7043261079
CUSIP704326107
SectorIndustrials
IndustryStaffing & Employment Services

Highlights

Market Cap$44.19B
EPS$4.49
PE Ratio27.35
PEG Ratio3.00
Revenue (TTM)$5.15B
Gross Profit (TTM)$3.26B
EBITDA (TTM)$2.28B
Year Range$101.62 - $128.72
Target Price$121.45
Short %3.63%
Short Ratio6.93

Share Price Chart


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Paychex, Inc.

Popular comparisons: PAYX vs. PAYC, PAYX vs. SPY, PAYX vs. ADP, PAYX vs. VOO, PAYX vs. ACN, PAYX vs. ORCL, PAYX vs. VICI, PAYX vs. WSO, PAYX vs. CPRT, PAYX vs. CBOE

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Paychex, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
2.34%
17.40%
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

S&P 500

Returns By Period

Paychex, Inc. had a return of 0.75% year-to-date (YTD) and 12.39% in the last 12 months. Over the past 10 years, Paychex, Inc. had an annualized return of 14.78%, outperforming the S&P 500 benchmark which had an annualized return of 10.37%.


PeriodReturnBenchmark
Year-To-Date0.75%5.06%
1 month-1.16%-3.23%
6 months2.27%17.14%
1 year12.39%20.62%
5 years (annualized)11.02%11.54%
10 years (annualized)14.78%10.37%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.20%1.47%0.15%
2023-5.65%-3.71%10.70%-2.34%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PAYX is 69, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of PAYX is 6969
Paychex, Inc.(PAYX)
The Sharpe Ratio Rank of PAYX is 7272Sharpe Ratio Rank
The Sortino Ratio Rank of PAYX is 6464Sortino Ratio Rank
The Omega Ratio Rank of PAYX is 6464Omega Ratio Rank
The Calmar Ratio Rank of PAYX is 7373Calmar Ratio Rank
The Martin Ratio Rank of PAYX is 7272Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Paychex, Inc. (PAYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PAYX
Sharpe ratio
The chart of Sharpe ratio for PAYX, currently valued at 0.63, compared to the broader market-2.00-1.000.001.002.003.000.63
Sortino ratio
The chart of Sortino ratio for PAYX, currently valued at 0.95, compared to the broader market-4.00-2.000.002.004.000.95
Omega ratio
The chart of Omega ratio for PAYX, currently valued at 1.12, compared to the broader market0.501.001.501.12
Calmar ratio
The chart of Calmar ratio for PAYX, currently valued at 0.52, compared to the broader market0.001.002.003.004.005.000.52
Martin ratio
The chart of Martin ratio for PAYX, currently valued at 2.21, compared to the broader market0.0010.0020.0030.002.21
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.76, compared to the broader market-2.00-1.000.001.002.003.001.76
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.57, compared to the broader market-4.00-2.000.002.004.002.57
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market0.501.001.501.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.001.002.003.004.005.001.33
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.04, compared to the broader market0.0010.0020.0030.007.04

Sharpe Ratio

The current Paychex, Inc. Sharpe ratio is 0.63. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
0.63
1.79
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Paychex, Inc. granted a 2.99% dividend yield in the last twelve months. The annual payout for that period amounted to $3.56 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$3.56$3.46$3.03$2.60$2.48$2.42$2.18$1.92$1.76$1.60$1.46$0.70

Dividend yield

2.99%2.90%2.62%1.90%2.66%2.85%3.35%2.82%2.89%3.03%3.16%1.54%

Monthly Dividends

The table displays the monthly dividend distributions for Paychex, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.89$0.00
2023$0.00$0.79$0.00$0.00$0.89$0.00$0.00$0.89$0.00$0.00$0.89$0.00
2022$0.66$0.00$0.00$0.00$0.79$0.00$0.00$0.79$0.00$0.00$0.79$0.00
2021$0.62$0.00$0.00$0.00$0.66$0.00$0.66$0.00$0.00$0.66$0.00$0.00
2020$0.62$0.00$0.00$0.00$0.62$0.00$0.62$0.00$0.00$0.62$0.00$0.00
2019$0.56$0.00$0.00$0.00$0.62$0.00$0.62$0.00$0.00$0.62$0.00$0.00
2018$0.50$0.00$0.00$0.00$0.56$0.00$0.56$0.00$0.00$0.56$0.00$0.00
2017$0.46$0.00$0.00$0.00$0.46$0.00$0.50$0.00$0.00$0.50$0.00$0.00
2016$0.42$0.00$0.00$0.00$0.42$0.00$0.46$0.00$0.00$0.46$0.00$0.00
2015$0.38$0.00$0.00$0.00$0.38$0.00$0.42$0.00$0.00$0.42$0.00$0.00
2014$0.35$0.00$0.00$0.00$0.35$0.00$0.38$0.00$0.00$0.38$0.00$0.00
2013$0.35$0.00$0.00$0.35$0.00$0.00

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%3.0%
Paychex, Inc. has a dividend yield of 2.99%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%111.6%
Paychex, Inc. has a payout ratio of 111.60%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-10.70%
-4.42%
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Paychex, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Paychex, Inc. was 64.85%, occurring on Aug 12, 2002. Recovery took 2818 trading sessions.

The current Paychex, Inc. drawdown is 10.70%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.85%Nov 22, 2000428Aug 12, 20022818Oct 21, 20133246
-54.84%Jun 8, 1989307Aug 23, 1990271Sep 19, 1991578
-45.54%Oct 6, 198717Oct 28, 1987371Apr 18, 1989388
-44.15%Feb 21, 202022Mar 23, 2020160Nov 6, 2020182
-38.43%Oct 14, 1996118Apr 2, 1997163Nov 20, 1997281

Volatility

Volatility Chart

The current Paychex, Inc. volatility is 5.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2024FebruaryMarchApril
5.82%
3.35%
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Paychex, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

0.00

Cost Of Revenue

0.00

Gross Profit

0.00
Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items