US stock · Industrials sector · Staffing & Employment Services
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Paychex, Inc.

PAYXNASDAQ

123.21

USD
+0.05
(+0.04%)
Market Closed
32.09P/E
28Forward P/E
1.60P/E to S&P500
44.405BMarket CAP
2.35%Div Yield
Upcoming Earnings
20 Dec-26 Dec
Shares Short
11/15/22
9.8M
Short % of Float
3.05%
Short % of Shares Outs.
2.72%
% Held by Insiders
10.75%
% Held by Institutions
73.13%
Beta
0.98
PEG Ratio
2.06
52w. high/low
141.92/105.66
Avg. Daily Volume
1.66M
Return %
Stock
S&P 500
1 year
(0.38)
(12.95)
3 years
43.08
27.86
5 years
90.79
54.69
Scale: |
High
Low
47.14
35.96
37.47
23.22
32.88
20.31
32.82
24.65
33.91
25.12
34.70
29.12
45.94
31.47
48.20
39.80
54.78
41.59
62.18
45.76
70.39
54.20
76.02
59.36
88.43
63.33
99.95
47.87
138.97
85.30
141.92
105.66
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
4.95
5.61
5.56
5.38
5.63
6.15
6.39
6.91
7.55
8.18
8.76
9.42
10.50
11.27
11.27
12.70
13.11
Earnings per share
1.35
1.56
1.48
1.32
1.42
1.51
1.56
1.72
1.86
2.10
2.27
2.60
2.88
3.06
3.05
3.84
3.98
FCF per share
1.45
1.74
1.73
1.49
1.70
1.70
1.58
2.19
2.18
2.55
2.41
3.13
3.20
3.66
3.18
3.78
3.74
Dividends per share
0.79
1.20
1.24
1.24
1.24
1.27
1.31
1.40
1.52
1.68
1.84
2.06
2.30
2.48
2.52
2.75
2.89
CAPEX per share
0.21
0.22
0.18
0.20
0.28
0.25
0.27
0.23
0.28
0.27
0.26
0.43
0.34
0.35
0.32
0.37
0.37
Book Value per sh.
5.12
3.25
3.72
3.88
4.14
4.43
4.88
4.88
4.92
5.30
5.43
5.64
7.29
7.76
8.19
8.50
8.74
Comm.Shares outs.
381
368
361
361
362
362
364
365
363
361
360
359
359
359
360
363
361
Avg. annual P/E ratio
29.8
20.5
18.4
21.7
21.1
21.1
24.2
24.9
26.1
26.4
26.7
25.9
28.1
25.4
35.0
32.0
32.1
P/E to S&P500
1.7
1.0
0.3
1.0
1.3
1.4
1.4
1.4
1.3
1.2
1.1
1.0
1.2
0.7
1.2
1.6
1.6
Avg. annual div. yield
2.0%
3.7%
4.6%
4.3%
4.1%
4.0%
3.5%
3.3%
3.1%
3.0%
3.0%
3.1%
2.8%
3.2%
2.4%
2.2%
2.4%
Revenue (m)
1,887
2,066
2,007
1,946
2,036
2,230
2,326
2,519
2,740
2,952
3,151
3,381
3,773
4,041
4,057
4,612
4,735
Operating margin
37.2%
40.1%
40.1%
37.2%
38.6%
38.3%
38.9%
39.0%
38.5%
38.8%
39.3%
38.1%
36.3%
36.1%
36.0%
39.9%
39.8%
Depreciation (m)
97
100
86
86
89
98
98
105
107
115
127
138
182
210
192
192
196
Net profit (m)
515
576
534
477
515
548
569
628
675
757
817
934
1,034
1,098
1,098
1,393
1,438
Income tax rate
30.7%
32.6%
34.3%
34.6%
35.0%
36.3%
37.6%
36.5%
36.3%
34.3%
34.3%
28.0%
24.4%
23.6%
23.5%
23.7%
23.3%
Net profit margin
27.3%
27.9%
26.6%
24.5%
25.3%
24.6%
24.5%
24.9%
24.6%
25.6%
25.9%
27.6%
27.4%
27.2%
27.1%
30.2%
30.3%
Working capital (m)
624
429
538
417
470
330
564
573
530
498
547
497
833
1,038
1,231
1,312
1,383
Long-term debt (m)
- -
- -
46
- -
- -
- -
- -
- -
- -
- -
- -
- -
796
894
890
873
869
Equity (m)
1,952
1,197
1,341
1,402
1,496
1,605
1,774
1,777
1,786
1,912
1,955
2,025
2,620
2,781
2,948
3,085
3,137
ROIC
25.7%
45.3%
37.4%
32.1%
32.1%
31.6%
30.0%
32.5%
35.4%
36.5%
38.8%
43.0%
27.3%
27.3%
26.2%
32.5%
32.8%
Return on capital
11.9%
16.1%
15.8%
14.0%
14.7%
13.3%
14.8%
15.5%
16.4%
17.9%
18.3%
17.4%
16.0%
17.3%
15.9%
19.3%
20.7%
Return on equity
26.4%
48.1%
39.8%
34.0%
34.4%
34.2%
32.1%
35.3%
37.8%
39.6%
41.8%
46.1%
39.5%
39.5%
37.2%
45.1%
45.8%
Plowback ratio
41.5%
23.3%
16.1%
6.0%
12.9%
16.0%
16.2%
18.6%
18.2%
19.9%
19.0%
20.8%
20.1%
19.0%
17.2%
28.2%
27.3%
Div.&Repurch./FCF
46.7%
215.4%
71.7%
83.4%
73.0%
74.6%
82.7%
95.4%
92.7%
77.6%
95.7%
78.7%
77.0%
80.8%
92.9%
83.4%
88.1%
Capital Structure
29 Sep · 2022 | Q1
All numbers in millions
Total liabilities
$ 5,989
Total assets
$ 9,126
Long-term debt
$ 869
Cash and equiv.
$ 1,184
Goodwill
$ 1,825
Retained earnings
$ 1,736
Common stock
362
Enterprise Value
$ 44,090
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
932
1,032
1,224
Receivables
790
1,054
1,318
Inventory
- -
- -
- -
Other
3,742
4,174
3,504
Current assets
5,465
6,170
6,582
Acc. Payable
79
89
106
Debt due
5
7
9
Other
4,342
4,842
5,155
Current liabilities
4,427
4,938
5,269
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
13.68%
8.19%
7.96%
Cash flow
19.83%
5.94%
11.25%
Earnings
26.91%
10.95%
10.67%
Dividends
10.00%
7.88%
8.61%
Book value
4.65%
11.55%
6.64%
Insider Trading
Type
Shares
Date
Rivera Efrain
Sale
298
10/20/22
Gioja Michael E
Sale
249
10/20/22
Bottini Mark Anthony
Sale
215
10/20/22
Mucci Martin
Award
3,299
10/15/22
Mucci Martin
Award
916
10/15/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
932
984
1,112
1,029
4,057
2022
1,083
1,108
1,276
1,144
4,611
2023
1,206
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.59
0.76
0.97
0.73
3.05
2022
0.92
0.91
1.19
0.82
3.84
2023
1.05
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.62
0.62
0.62
0.66
2.52
2022
0.66
0.66
0.66
0.78
2.75
2023
0.79
- -
- -
- -
- -
Company Description
Sector:
Industrials
Industry:
Staffing & Employment Services
CEO:
Mr. Martin Mucci
Full-time employees:
16,000
City:
Rochester
Address:
911 Panorama Trl S
IPO:
Jun 5, 2005
Website:
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.