- ISIN
- US7043261079
- CUSIP
- 704326107
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- IPO Date
- Mar 26, 1990
Highlights
- Market Cap
- $34.59B
- Enterprise Value
- $33.71B
- EPS (TTM)
- $4.53
- PE Ratio
- 21.17
- PEG Ratio
- 1.88
- Total Revenue (TTM)
- $6.33B
- Gross Profit (TTM)
- $4.68B
- EBITDA (TTM)
- $2.09B
- Year Range
- $85.45 - $148.76
- Target Price
- $117.00
- ROA (TTM)
- 9.35%
- ROE (TTM)
- 40.78%
Share Price Chart
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Performance
PAYX Performance Chart
Paychex, Inc. (PAYX) is down 12.5% since the beginning of the year. At $96 per share, PAYX is trading 35.5% below its 52-week high of $149. Investors who bought $1,000 worth of PAYX shares 5 years ago would now be looking at an investment worth $1,078.
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Returns By Period
Paychex, Inc. (PAYX) has returned -12.49% so far this year and -33.02% over the past 12 months. Over the last ten years, PAYX has returned 9.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Paychex, Inc.
- 1D
- -2.35%
- 1M
- -1.10%
- YTD
- -12.49%
- 6M
- -14.54%
- 1Y
- -33.02%
- 3Y*
- -0.77%
- 5Y*
- 1.51%
- 10Y*
- 9.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PAYX Monthly Returns History
Based on dividend-adjusted daily data since Mar 26, 1990, PAYX's average daily return is +0.09%, while the average monthly return is +1.64%. At this rate, an investment would double in approximately 3.6 years.
Historically, 58% of months were positive and 42% were negative. The best month was Sep 1998 with a return of +35.7%, while the worst month was Mar 2020 at -18.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PAYX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +18.2%, while the worst single day was Mar 16, 2020 at -19.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.11% | -9.19% | -1.63% | 0.55% | 6.04% | -1.08% | -12.49% | ||||||
| 2025 | 5.31% | 3.38% | 1.72% | -4.64% | 8.10% | -7.88% | -0.02% | -3.38% | -9.10% | -7.68% | -3.64% | 0.44% | -17.49% |
| 2024 | 2.20% | 1.47% | 0.15% | -3.25% | 1.96% | -1.33% | 7.98% | 3.31% | 2.28% | 3.83% | 5.68% | -4.14% | 21.31% |
| 2023 | 0.26% | -4.07% | 3.80% | -4.13% | -3.69% | 6.61% | 12.16% | -1.88% | -5.65% | -3.71% | 10.69% | -2.34% | 6.21% |
| 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% |
Benchmark Metrics
Paychex, Inc. has an annualized alpha of 12.76%, beta of 0.95, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since March 26, 1990.
- This stock captured 111.60% of S&P 500 Index gains but only 71.20% of its losses - a favorable profile for investors.
- R2 of 0.27 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 12.76%
- Beta
- 0.95
- R²
- 0.27
- Upside Capture
- 111.60%
- Downside Capture
- 71.20%
Return for Risk
Risk / Return Rank
PAYX ranks 7 for risk / return — in the bottom 7% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Paychex, Inc. (PAYX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PAYX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.26 | ||
| Sortino ratioReturn per unit of downside risk | -4.47 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.37 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 2.78 | -3.57 |
| Martin ratioReturn relative to average drawdown | -1.24 | 12.44 | -13.68 |
Dividends
Dividend History
Paychex, Inc. provided a 4.62% dividend yield over the last twelve months, with an annual payout of $4.43 per share. The company has been increasing its dividends for 12 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.43 | $4.22 | $3.83 | $3.46 | $3.03 | $2.60 | $2.48 | $2.42 | $2.18 | $1.92 | $1.76 | $1.60 |
Dividend yield | 4.62% | 3.76% | 2.73% | 2.90% | 2.62% | 1.90% | 2.66% | 2.85% | 3.35% | 2.82% | 2.89% | 3.03% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $1.08 | $0.00 | $0.00 | $0.00 | $1.19 | $0.00 | $2.27 | ||||||
| 2025 | $0.00 | $0.98 | $0.00 | $0.00 | $1.08 | $0.00 | $1.08 | $0.00 | $0.00 | $0.00 | $1.08 | $0.00 | $4.22 |
| 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 |
Dividend Yield & Payout
Dividend Yield
Paychex, Inc. has a dividend yield of 4.62%, which is quite average when compared to the overall market.
Payout Ratio
Paychex, Inc. has a payout ratio of 94.97%, 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.
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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 37.49%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -64.85%Aug 2002 | 1y 8mo | 11y 2mo | 12y 11moNov 2000 - Oct 2013 |
2026 bear market2026 | -44.95%Apr 2026 | 10mo 5d | — | 1y 14dJun 2025 - now |
COVID crash2020 | -44.15%Mar 2020 | 1mo 1d | 7mo 18d | 8mo 19dFeb 2020 - Nov 2020 |
1997 bear market1997 | -38.19%Apr 1997 | 5mo 16d | 7mo 21d | 1y 1moOct 1996 - Nov 1997 |
1990 bear market1990 | -34.83%Aug 1990 | 4mo 9d | 2mo 22d | 7mo 1dApr 1990 - Nov 1990 |
Drawdown Indicators
| PAYX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -56.78% | -8.07% |
Max Drawdown (1Y)Largest decline over 1 year | -42.23% | -9.10% | -33.13% |
Max Drawdown (3Y)Largest decline over 3 years | -44.95% | -18.90% | -26.05% |
Max Drawdown (5Y)Largest decline over 5 years | -44.95% | -25.43% | -19.52% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | -33.92% | -11.03% |
Current DrawdownCurrent decline from peak | -37.49% | -1.80% | -35.69% |
Average DrawdownAverage peak-to-trough decline | -17.97% | -10.71% | -7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.74% | 2.03% | +24.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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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.
Valuation
The Valuation section provides an overview of how Paychex, Inc. is priced in the market compared to other companies in the Staffing & Employment Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for PAYX, comparing it with other companies in the Staffing & Employment Services industry. Currently, PAYX has a P/E ratio of 21.2. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for PAYX compared to other companies in the Staffing & Employment Services industry. PAYX currently has a PEG ratio of 1.9. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for PAYX relative to other companies in the Staffing & Employment Services industry. Currently, PAYX has a P/S ratio of 5.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for PAYX in comparison with other companies in the Staffing & Employment Services industry. Currently, PAYX has a P/B value of 8.6. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
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 | — |
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