MetaCap

Paychex Financial Ratios

NASDAQ: PAYXIndustrialsDiversified Commercial ServicesUSD

103.98-0.48 (-0.46%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Paychex ratio analysis

Paychex earned a net margin of 27.0% in FY 2026, down from 29.7% a year earlier. Gross margin was 74.3% compared with a median of 70.2% over the prior 8 years. Return on equity reached 47.1%, meaning Paychex generated 0.47 dollars of profit for every dollar of shareholders' equity.

Debt-to-equity stood at 1.22 versus 1.20 the year before, and the current ratio was 1.26. At the end of FY 2026, PAYX traded at 19.8 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 19.8 to 34.5, with a median of 25.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.

Summary generated from market data by MetaCap's automated system. Methodology

Paychex financial ratios (annual)

Paychex annual financial ratios
RatioFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
P/E ratio (at fiscal year end)19.8334.4825.7325.6432.7633.8523.7830.0024.1726.00
Price / sales5.3410.218.207.949.849.106.418.177.076.76
Price / book9.3213.7811.3911.3714.7012.529.3211.7610.139.57
Gross margin74.3%72.4%72.0%71.0%70.6%68.7%68.3%68.8%69.9%—
Operating margin38.6%39.6%41.2%40.6%39.9%36.0%36.1%36.3%38.2%39.8%
Net margin27.0%29.7%32.0%31.1%30.2%27.1%27.2%27.4%29.4%26.2%
Free cash flow margin35.7%30.7%32.9%31.2%31.6%28.1%32.5%30.4%33.2%27.5%
Return on equity (ROE)47.1%40.1%44.5%44.6%45.1%37.2%39.5%39.5%42.2%37.1%
Return on assets (ROA)10.9%10.0%16.3%14.8%14.5%11.9%12.8%11.9%12.6%12.1%
Debt / equity1.221.200.220.230.260.270.290.300.00—
Current ratio1.261.281.371.301.251.251.231.171.111.12
Revenue growth16.9%5.6%5.4%8.6%13.7%0.4%7.1%11.7%7.1%6.8%
EPS growth6.8%-1.9%8.6%12.0%26.7%-0.3%6.3%4.0%20.6%9.1%

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