Paychex, Inc. (PAYX) Stock

Paychex, Inc. (PAYX) is a Technology stock trading at $98.25 (as of 2026-06-18), with a market capitalization of $34.75B and a trailing P/E of 21.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Paychex provides human capital management services for small and midsized businesses in the United States, Europe, and India, covering payroll and payroll tax administration, employee payments, and employer compliance. It also offers HR, benefits and insurance administration, retirement plan services, and related cloud-based HR software and outsourcing services.

Valuation — source: SEC EDGAR (first-party)
Price	$98.25
Market Cap	$34.75B
P/E Ratio	21.4
EV / EBITDA	13.2
Price / Book	8.66
Price / Sales	5.49
Dividend Yield	4.5%
DCF Value (model)	$95.50
DCF Upside vs Price	-2.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$5.57B
Net Margin	29.7%
Return on Equity	40.8%
Debt / Equity	1.13
Current Ratio	1.26
Revenue Growth (YoY)	19.9%
EPS Growth (YoY)	8.3%
FCF Growth (YoY)	26.7%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.82 (grey)
Piotroski F-Score	4/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	21.4
Sector P/E (Technology)	32.6
Industry P/E (Business Services)	27.1
vs Sector	-34.4%
vs Industry	-20.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($4.75B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Technology
Industry	Business Services
CEO	John Gibson Jr.
Employees	16,500
Country	US
IPO Date	1983-08-26

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.