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

PAYXNASDAQ

117.33

USD
+1.49
(+1.29%)
Market Closed
31.37P/E
29Forward P/E
1.21P/E to S&P500
42.358BMarket CAP
2.28%Div Yield
Upcoming Earnings
23 Jun-27 Jun
Shares Short
4/29/22
7.92M
Short % of Float
2.46%
Short % of Shares Outs.
2.19%
% Held by Insiders
10.74%
% Held by Institutions
71.84%
Beta
0.97
PEG Ratio
2.32
52w. high/low
141.92/99.88
Avg. Daily Volume
1.91M
Return %
Stock
S&P 500
1 year
16.08
(6.46)
3 years
35.30
36.32
5 years
104.16
63.92
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
109.87
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
4.41
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
12.47
Earnings per share
1.23
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
3.77
FCF per share
1.29
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
3.97
Dividends per share
0.61
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
2.64
CAPEX per share
0.21
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
0.35
Book Value per sh.
4.36
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
8.60
Comm.Shares outs.
379
381
368
361
361
362
362
364
365
363
361
360
359
359
359
360
360
Avg. annual P/E ratio
31.2
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
31.4
P/E to S&P500
1.7
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
1.2
Avg. annual div. yield
1.6%
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%
Revenue (m)
1,675
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
4,496
Operating margin
38.8%
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%
39.8%
Depreciation (m)
94
97
100
86
86
89
98
98
105
107
115
127
138
182
210
192
190
Net profit (m)
465
515
576
534
477
515
548
569
628
675
757
817
934
1,034
1,098
1,098
1,359
Income tax rate
31.1%
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%
23.8%
Net profit margin
27.8%
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%
30.0%
Working capital (m)
606
624
429
538
417
470
330
564
573
530
498
547
497
833
1,038
1,231
1,549
Long-term debt (m)
- -
- -
- -
46
- -
- -
- -
- -
- -
- -
- -
- -
- -
796
894
890
877
Equity (m)
1,655
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
3,286
ROIC
27.2%
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%
29.8%
Return on capital
12.2%
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%
17.5%
Return on equity
28.1%
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%
41.4%
Plowback ratio
50.2%
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%
29.9%
Div.&Repurch./FCF
40.9%
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%
72.2%
Capital Structure
31 Mar · 2022 | Q3
All numbers in millions
Total liabilities
$ 6,998
Total assets
$ 10,284
Long-term debt
$ 877
Cash and equiv.
$ 268
Goodwill
$ 1,832
Retained earnings
$ 1,799
Common stock
361
Enterprise Value
$ 42,968
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
713
932
1,032
Receivables
854
790
1,054
Inventory
- -
- -
- -
Other
4,111
3,974
4,406
Current assets
5,678
5,465
6,170
Acc. Payable
76
79
89
Debt due
- -
5
7
Other
4,769
4,342
4,842
Current liabilities
4,845
4,427
4,938
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
0.40%
6.59%
6.92%
Cash flow
(12.80)%
8.38%
8.32%
Earnings
(0.05)%
7.78%
8.10%
Dividends
2.17%
8.30%
7.89%
Book value
5.99%
11.27%
7.30%
Insider Trading
Type
Shares
Date
Saunders-Mcclendon Karen E.
Sale
203
04/15/22
Gioja Michael E
Exempt
26,000
04/05/22
Gioja Michael E
Sale
26,000
04/05/22
Gioja Michael E
Exempt
26,000
04/05/22
Golisano B Thomas
Gift
704
03/01/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
992
991
1,143
915
4,041
2021
932
984
1,112
1,029
4,057
2022
1,083
1,108
1,276
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.74
0.72
0.99
0.62
3.06
2021
0.59
0.76
0.97
0.73
3.05
2022
0.93
0.92
1.19
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.62
0.62
0.62
0.62
2.48
2021
0.62
0.62
0.62
0.66
2.52
2022
0.66
0.66
0.66
- -
- -
Company Description
Sector:
Industrials
Industry:
Staffing & Employment Services
CEO:
Mr. Martin Mucci
Full-time employees:
15,000
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 and Europe. The company offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It 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, the company 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, it 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. The company markets and sells its services primarily through its direct sales force. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.