TICKVALE
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Nasdaq · CIK 0000723531 · SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT

Paychex, Inc.

PAYX chart by TradingView
P/E 19.8xP/B 9.3xP/SALES 5.4xEV/EBITDA 13.0xFCF YIELD 6.66%

PRICE HISTORY

LIVE · NASDAQ
PAYX chart by TradingView
REVENUE FY2026 ENDED MAY 2026
$6.5B
EBITDA
$3.0B
FREE CASH FLOW
$2.3B
EPS
$4.89
GROSS MARGIN
74.29%
ROIC
24.44%
Q4 FY26ENDED MAY 2026HOVERDRAG ACROSS ANY CHART TO SCRUB ALL 24 · 40 QUARTERS SHOWNVALUATIONGROWTHPROFITABILITY & RETURNSCASH & CAPITALBALANCE SHEET

VALUATION

what you pay for a unit of the business7 CHARTS

P / E RATIO (TTM)

19.8x
-31%
LATEST · Q4 FY26
19.8xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
19.8x34.5x

P / SALES (TTM)

5.4x
-27%
LATEST · Q4 FY26
5.4xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
5.3x10.3x

P / BOOK

9.3x
-16%
LATEST · Q4 FY26
9.3xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
8.4x14.6x

EV / EBITDA (TTM)

13.0x
-29%
LATEST · Q4 FY26
13.0xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
13.0x25.0x

EV / REVENUE (TTM)

5.9x
-23%
LATEST · Q4 FY26
5.9xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
5.8x10.9x

FCF YIELD (TTM)

6.66%
+2.4pp
LATEST · Q4 FY26
6.66%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
2.90%6.66%

DIVIDEND YIELD (TTM)

4.57%
+1.9pp
LATEST · Q4 FY26
4.57%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
2.18%4.61%

GROWTH

is the business getting bigger5 CHARTS

REVENUE

$1.6B
+104%
LATEST · Q4 FY26
1.6BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

EBITDA (DERIVED)

$0.7B
+104%
LATEST · Q4 FY26
0.7BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

NET INCOME

$0.4B
+93%
LATEST · Q4 FY26
0.4BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

EPS (DILUTED)

$1.17
+96%
LATEST · Q4 FY26
1.17Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

REVENUE GROWTH YOY

12.49%
+3.8pp
LATEST · Q4 FY26
12.49%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
-6.66%19.87%

PROFITABILITY & RETURNS

what survives to the bottom, and what it earns on capital4 CHARTS

FCF MARGIN

32.08%
-2.9pp
LATEST · Q4 FY26
32.08%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
11.95%50.88%

RETURN ON CAPITAL

24.44%
-13.4pp
LATEST · Q4 FY26
24.44%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
19.89%58.29%

RETURN ON EQUITY (TTM)

47.12%
+8.6pp
LATEST · Q4 FY26
47.12%Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
35.45%47.12%

MARGIN FUNNEL

every line is a share of the same revenue, so they read on one scale — the gaps are what each layer takes out, and net rises above operating when income arrives from outside the business
GROSS MARGIN74.01%
OPERATING MARGIN37.66%
NET MARGIN26.20%
FCF MARGIN32.08%
83.7862.8341.8920.940.00GROSSOPERNETFCFQ1 FY17Q1 FY18Q1 FY19Q1 FY20Q1 FY21Q1 FY22Q1 FY23Q1 FY24Q1 FY25Q1 FY26Q4 FY26

CASH & CAPITAL

where the money actually goes5 CHARTS

FREE CASH FLOW

$0.5B
+88%
LATEST · Q4 FY26
0.5BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

STOCK-BASED COMP

$0.0B
+127%
LATEST · Q4 FY26
0.0BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

CAPITAL EXPENDITURE

$0.1B
+225%
LATEST · Q4 FY26
0.1BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

SHARES OUTSTANDING

0.36B
-1%
LATEST · Q4 FY26
0.36BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

DIVIDEND / SHARE

$1.19
+138%
LATEST · Q4 FY26
1.19Q1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

BALANCE SHEET

how much cushion there is3 CHARTS

CASH & EQUIVALENTS

$1.1B
+737%
LATEST · Q4 FY26
1.1BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

TOTAL DEBT

$4.6B
+470%
LATEST · Q4 FY26
4.6BQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26

DEBT / EBITDA (TTM)

1.5x
+193%
LATEST · Q4 FY26
1.5xQ1 FY17Q1 FY19Q1 FY21Q1 FY23Q1 FY25Q4 FY26
0.3x2.0x

OWNERSHIP

10 LARGEST HOLDERS · WHO OWNS THE FLOAT
INSTITUTIONS 86.07%INSIDERS 10.36%OTHER / RETAIL 3.57%1,994 INSTITUTIONAL FILERS
HOLDER% HELDSHARESVALUECHANGE
Capital International Investors8.42%29.9M$3.60B-1.1%
Blackrock Inc.7.99%28.4M$3.41B+1.9%
Vanguard Capital Management LLC5.89%21.0M$2.52BNEW
Vanguard Portfolio Management LLC4.29%15.2M$1.83BNEW
State Street Corporation3.95%14.0M$1.69B+0.4%
Invesco Ltd.3.59%12.8M$1.53B+6.1%
Geode Capital Management, LLC2.89%10.3M$1.23B+5.8%
Charles Schwab Investment Management, Inc.2.64%9.4M$1.13B-18.8%
Federated Hermes, Inc.1.65%5.9M$706.5M+144.3%
Morgan Stanley1.49%5.3M$636.0M+9.4%
AS OF 2026-03-31 · MOST RECENT 13F FILINGS
SOURCE → 10-K · 10-Q · 8-K / GUIDANCE · ALL FILINGS
FILING DATA AS OF 2026-08-10. Figures are derived from public SEC EDGAR filings (40most recent quarters shown, Q4 implied as full-year minus Q1-Q3). Valuation multiples use each period’s fiscal period-end close. Live price charts and quotes are provided by TradingView. This page is informational only — it is not investment advice, and figures are not warranted for accuracy. EBITDA is not a GAAP measure; it is derived as operating income + D&A. Verify against the linked source filing before relying on any number here.