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ISIN
US7043261079
CUSIP
704326107
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-7.11%-9.19%-1.63%0.55%6.04%-1.08%-12.49%
20255.31%3.38%1.72%-4.64%8.10%-7.88%-0.02%-3.38%-9.10%-7.68%-3.64%0.44%-17.49%
20242.20%1.47%0.15%-3.25%1.96%-1.33%7.98%3.31%2.28%3.83%5.68%-4.14%21.31%
20230.26%-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
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.


PAYX Risk / Return Rank: 77
Overall Rank
PAYX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
PAYX Sortino Ratio Rank: 44
Sortino Ratio Rank
PAYX Omega Ratio Rank: 55
Omega Ratio Rank
PAYX Calmar Ratio Rank: 1212
Calmar Ratio Rank
PAYX Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


PAYXBenchmarkDifference
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.


2.00%2.50%3.00%3.50%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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 8mo11y 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 1d7mo 18d
8mo 19dFeb 2020 - Nov 2020
1997 bear market1997
-38.19%Apr 1997
5mo 16d7mo 21d
1y 1moOct 1996 - Nov 1997
1990 bear market1990
-34.83%Aug 1990
4mo 9d2mo 22d
7mo 1dApr 1990 - Nov 1990

Drawdown Indicators


PAYXBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-37.49%

-1.80%

-35.69%

Average Drawdown

Average peak-to-trough decline

-17.97%

-10.71%

-7.26%

Ulcer Index

Depth 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.


Annual
Quarterly

0.0

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

Values in undefined except per share items
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