Highlights
- Market Cap
- $33.22B
- Enterprise Value
- $32.34B
- EPS (TTM)
- $4.53
- PE Ratio
- 20.35
- PEG Ratio
- 1.80
- Total Revenue (TTM)
- $6.33B
- Gross Profit (TTM)
- $4.68B
- EBITDA (TTM)
- $2.09B
- Year Range
- $86.89 - $161.24
- Target Price
- $117.00
- ROA (TTM)
- 9.35%
- ROE (TTM)
- 40.78%
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.
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Returns By Period
Paychex, Inc. (PAYX) has returned -17.03% so far this year and -38.18% over the past 12 months. Over the last ten years, PAYX has returned 8.70% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
Paychex, Inc.
- 1D
- -1.07%
- 1M
- -1.63%
- YTD
- -17.03%
- 6M
- -25.86%
- 1Y
- -38.18%
- 3Y*
- -4.04%
- 5Y*
- 1.51%
- 10Y*
- 8.70%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
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, your 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% | -17.03% | |||||||||
| 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 13.00%, beta of 0.95, and R² of 0.27 versus S&P 500 Index. Calculated based on daily prices since March 27, 1990.
- This stock captured 113.01% 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
- 13.00%
- Beta
- 0.95
- R²
- 0.27
- Upside Capture
- 113.01%
- Downside Capture
- 71.20%
Return for Risk
Risk / Return Rank
PAYX ranks 4 for risk / return — in the bottom 4% 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 a chosen benchmark (S&P 500 Index).
| PAYX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.47 | 0.90 | -2.36 |
Sortino ratioReturn per unit of downside risk | -2.09 | 1.39 | -3.48 |
Omega ratioGain probability vs. loss probability | 0.73 | 1.21 | -0.48 |
Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.40 | -2.24 |
Martin ratioReturn relative to average drawdown | -1.57 | 6.61 | -8.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore PAYX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Paychex, Inc. provided a 4.69% dividend yield over the last twelve months, with an annual payout of $4.32 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 | $4.32 | $4.22 | $3.83 | $3.46 | $3.03 | $2.60 | $2.48 | $2.42 | $2.18 | $1.92 | $1.76 | $1.60 |
Dividend yield | 4.69% | 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 | $1.08 | |||||||||
| 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 4.69%, 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 40.74%.
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 |
| -43.78% | Jun 9, 2025 | 178 | Feb 23, 2026 | — | — | — |
| -38.19% | Oct 18, 1996 | 114 | Apr 2, 1997 | 162 | Nov 19, 1997 | 276 |
| -34.83% | Apr 16, 1990 | 92 | Aug 23, 1990 | 57 | Nov 13, 1990 | 149 |
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 20.3. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
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 1.8. 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 5.3. 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 8.3. 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
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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 | — |
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Interest Income | — |
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Net Interest Income | — |