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

Company Info

ISIN

US7043261079

CUSIP

704326107

Sector

Industrials

IPO Date

Mar 26, 1990

Highlights

Market Cap

$50.49B

EPS (TTM)

$4.69

PE Ratio

29.91

PEG Ratio

4.20

Total Revenue (TTM)

$4.05B

Gross Profit (TTM)

$2.92B

EBITDA (TTM)

$1.83B

Year Range

$112.14 - $150.71

Target Price

$136.07

Short %

5.39%

Short Ratio

10.71

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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

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.


-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.22%
7.29%
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

Returns By Period

Paychex, Inc. had a return of 17.53% year-to-date (YTD) and 8.70% in the last 12 months. Over the past 10 years, Paychex, Inc. had an annualized return of 14.84%, outperforming the S&P 500 benchmark which had an annualized return of 11.01%.


PAYX

YTD

17.53%

1M

-4.16%

6M

9.88%

1Y

8.70%

5Y*

12.94%

10Y*

14.84%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of PAYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.20%1.47%0.15%-3.25%1.96%-1.33%7.98%3.31%2.28%3.83%5.68%17.53%
20230.26%-4.07%3.80%-4.13%-3.69%6.61%12.16%-1.88%-5.65%-3.71%10.70%-2.34%6.22%
2022-13.22%1.10%14.62%-7.14%-1.64%-8.04%12.65%-3.27%-9.02%5.44%5.56%-6.83%-13.16%
2021-5.63%4.29%7.63%-0.54%4.43%6.09%6.70%0.57%-1.76%10.22%-3.31%14.51%50.16%
20201.55%-9.67%-18.79%8.90%6.55%4.80%-4.24%6.33%4.32%3.89%13.25%0.03%13.25%
20199.53%8.79%4.13%5.12%2.52%-4.08%1.66%-1.63%1.31%1.80%2.96%-1.23%34.53%
20180.99%-4.57%-5.44%-1.66%9.25%4.22%1.80%6.13%0.55%-10.30%8.05%-7.93%-1.08%
2017-0.22%1.87%-4.10%0.65%0.70%-3.87%2.45%-1.42%5.14%7.22%5.52%1.14%15.41%
2016-8.69%7.38%5.10%-3.50%4.87%9.74%0.40%2.34%-4.62%-3.81%6.79%3.27%18.98%
2015-1.17%10.11%-0.44%-2.47%2.91%-5.12%-0.13%-3.75%6.65%9.17%5.18%-2.51%18.40%
2014-7.38%-0.14%2.01%-1.85%-0.82%1.09%-0.42%1.56%6.12%7.08%1.00%-2.62%4.96%
20134.98%1.39%5.91%3.85%2.25%-1.93%9.00%-1.93%5.07%4.85%3.47%4.12%48.92%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PAYX is 64, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PAYX is 6464
Overall Rank
The Sharpe Ratio Rank of PAYX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of PAYX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of PAYX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of PAYX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of PAYX is 6868
Martin 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.


Sharpe ratio
The chart of Sharpe ratio for PAYX, currently valued at 0.49, compared to the broader market-4.00-2.000.002.000.491.90
The chart of Sortino ratio for PAYX, currently valued at 0.79, compared to the broader market-4.00-2.000.002.004.000.792.54
The chart of Omega ratio for PAYX, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.35
The chart of Calmar ratio for PAYX, currently valued at 0.73, compared to the broader market0.002.004.006.000.732.81
The chart of Martin ratio for PAYX, currently valued at 2.22, compared to the broader market0.0010.0020.002.2212.39
PAYX
^GSPC

The current Paychex, Inc. Sharpe ratio is 0.49. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Paychex, Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.49
1.90
PAYX (Paychex, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Paychex, Inc. provided a 2.82% dividend yield over the last twelve months, with an annual payout of $3.83 per share. The company has been increasing its dividends for 10 consecutive years.


1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$3.83$3.46$3.03$2.60$2.48$2.42$2.18$1.92$1.76$1.60$1.46$0.70

Dividend yield

2.82%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.89$0.00$0.00$0.98$0.00$0.00$0.98$0.00$0.00$0.98$0.00$3.83
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$3.46
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$3.03
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$2.60
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$2.48
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$2.42
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$2.18
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$1.92
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$1.76
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$1.60
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$1.46
2013$0.35$0.00$0.00$0.35$0.00$0.00$0.70

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%2.8%
Paychex, Inc. has a dividend yield of 2.82%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%80.5%
Paychex, Inc. has a payout ratio of 80.45%, 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. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.65%
-3.58%
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 8.65%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.85%Nov 22, 2000428Aug 12, 20022818Oct 21, 20133246
-44.15%Feb 21, 202022Mar 23, 2020160Nov 6, 2020182
-38.43%Oct 14, 1996118Apr 2, 1997163Nov 20, 1997281
-33.93%Apr 16, 199092Aug 23, 199057Nov 13, 1990149
-30.72%Apr 28, 199973Aug 10, 199941Oct 7, 1999114

Volatility

Volatility Chart

The current Paychex, Inc. volatility is 4.63%, 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%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.63%
3.64%
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

Valuation

The Valuation section provides an assessment of the market value of Paychex, Inc. compared to its peers in the Staffing & Employment Services industry.


PE Ratio
50.0100.0150.0200.029.9
The chart displays the price to earnings (P/E) ratio for PAYX in comparison to other companies of the Staffing & Employment Services industry. Currently, PAYX has a PE value of 29.9. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.04.2
The chart displays the price to earnings to growth (PEG) ratio for PAYX in comparison to other companies of the Staffing & Employment Services industry. Currently, PAYX has a PEG value of 4.2. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Paychex, Inc..


Loading data...

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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