Paychex, Inc. (PAYX)
Company Info
US7043261079
704326107
Mar 26, 1990
Highlights
$53.26B
$4.68
31.62
4.45
$5.31B
$3.81B
$2.38B
$112.02 - $150.71
$133.54
5.88%
10.32
Share Price Chart
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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.
Returns By Period
Paychex, Inc. had a return of 23.78% year-to-date (YTD) and 25.45% in the last 12 months. Over the past 10 years, Paychex, Inc. had an annualized return of 15.20%, outperforming the S&P 500 benchmark which had an annualized return of 11.16%.
PAYX
23.78%
1.76%
15.62%
25.45%
14.06%
15.20%
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.20% | 1.47% | 0.15% | -3.25% | 1.96% | -1.33% | 7.98% | 3.31% | 2.28% | 3.83% | 23.78% | ||
| 2023 | 0.26% | -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% |
| 2020 | 1.55% | -9.67% | -18.79% | 8.90% | 6.55% | 4.80% | -4.24% | 6.33% | 4.32% | 3.89% | 13.25% | 0.03% | 13.25% |
| 2019 | 9.53% | 8.79% | 4.13% | 5.12% | 2.52% | -4.08% | 1.66% | -1.63% | 1.31% | 1.80% | 2.96% | -1.23% | 34.53% |
| 2018 | 0.99% | -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% |
| 2013 | 4.98% | 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 risk-adjusted rank of PAYX is 80, placing it in the top 20% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
Paychex, Inc. provided a 2.68% 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.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2.68% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.89 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $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
Payout Ratio
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.
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 3.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64.85% | Nov 22, 2000 | 428 | Aug 12, 2002 | 2818 | Oct 21, 2013 | 3246 |
| -44.15% | Feb 21, 2020 | 22 | Mar 23, 2020 | 160 | Nov 6, 2020 | 182 |
| -38.43% | Oct 14, 1996 | 118 | Apr 2, 1997 | 163 | Nov 20, 1997 | 281 |
| -33.93% | Apr 16, 1990 | 92 | Aug 23, 1990 | 57 | Nov 13, 1990 | 149 |
| -30.72% | Apr 28, 1999 | 73 | Aug 10, 1999 | 41 | Oct 7, 1999 | 114 |
Volatility
Volatility Chart
The current Paychex, Inc. volatility is 7.25%, 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.
Financials
Financial Performance
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
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 31.6. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
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 4.5. 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..
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Income Statement
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Minority Interest | — |
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Net Interest Income | — |