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U.S. HR Services Industry Analysis

UpdatedJul 30, 2026
DataAggregated Company Financials
Companies43
  • 7D11.3%
  • 3M30.5%
  • 1Y-14.4%
  • YTDn/a

The HR Services industry is up 11% in the last week, with Automatic Data Processing up 12%. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the U.S. HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jul 2026US$193.3bUS$82.0bUS$4.6b24.9x42.2x2.4x
Sat, 27 Jun 2026US$154.9bUS$81.7bUS$4.5b21.2x34.6x1.9x
Mon, 25 May 2026US$159.9bUS$81.5bUS$4.3b20.4x36.9x2x
Wed, 22 Apr 2026US$149.2bUS$81.0bUS$4.1b18.7x36.7x1.8x
Fri, 20 Mar 2026US$149.4bUS$80.2bUS$4.0b17.3x37.5x1.9x
Sun, 15 Feb 2026US$155.2bUS$80.1bUS$4.9b20.2x32x1.9x
Tue, 13 Jan 2026US$206.1bUS$86.5bUS$5.0b22x41.2x2.4x
Thu, 11 Dec 2025US$204.0bUS$86.2bUS$5.0b19.1x40.8x2.4x
Sat, 08 Nov 2025US$201.5bUS$87.3bUS$5.0b19.7x40.4x2.3x
Mon, 06 Oct 2025US$230.4bUS$86.6bUS$6.3b27.6x36.6x2.7x
Wed, 03 Sep 2025US$244.2bUS$86.9bUS$6.2b29.6x39.4x2.8x
Fri, 01 Aug 2025US$239.5bUS$85.3bUS$6.8b25.4x35.3x2.8x
Sun, 29 Jun 2025US$231.4bUS$79.8bUS$6.7b30.8x34.4x2.9x
Tue, 27 May 2025US$246.6bUS$79.7bUS$6.8b32.3x36.2x3.1x
Thu, 24 Apr 2025US$226.2bUS$79.0bUS$6.9b22.2x32.7x2.9x
Sat, 22 Mar 2025US$237.1bUS$80.0bUS$6.7b27.1x35.4x3x
Mon, 17 Feb 2025US$247.1bUS$81.0bUS$6.7b23.2x37.1x3.1x
Wed, 15 Jan 2025US$242.5bUS$85.7bUS$6.7b24.2x36.3x2.8x
Fri, 13 Dec 2024US$252.0bUS$85.7bUS$6.7b26.1x37.8x2.9x
Sun, 10 Nov 2024US$255.7bUS$85.7bUS$6.6b27.2x38.5x3x
Tue, 08 Oct 2024US$230.2bUS$81.4bUS$6.2b25.4x37.1x2.8x
Thu, 05 Sep 2024US$221.4bUS$81.4bUS$6.2b23.3x35.7x2.7x
Sat, 03 Aug 2024US$213.9bUS$81.4bUS$6.2b22.3x34.6x2.6x
Mon, 01 Jul 2024US$202.9bUS$86.6bUS$6.6b20.9x30.9x2.3x
Wed, 29 May 2024US$216.3bUS$87.6bUS$6.5b22.3x33.5x2.5x
Fri, 26 Apr 2024US$217.4bUS$87.0bUS$6.1b23.7x35.5x2.5x
Sun, 24 Mar 2024US$222.5bUS$87.4bUS$6.3b25.3x35.2x2.5x
Tue, 20 Feb 2024US$225.6bUS$87.3bUS$6.4b26.8x35.3x2.6x
Thu, 18 Jan 2024US$214.1bUS$87.3bUS$6.4b26.5x33.6x2.5x
Sat, 16 Dec 2023US$219.8bUS$87.2bUS$6.3b27.6x34.7x2.5x
Mon, 13 Nov 2023US$204.9bUS$87.2bUS$5.8b24.3x35x2.4x
Wed, 11 Oct 2023US$232.2bUS$92.1bUS$6.3b20.2x36.9x2.5x
Fri, 08 Sep 2023US$233.3bUS$92.0bUS$6.2b20.6x37.7x2.5x
Sun, 06 Aug 2023US$234.6bUS$92.1bUS$6.2b18.4x37.7x2.5x
Price to Earnings Ratio

37.7x


Total Market Cap: US$234.6bTotal Earnings: US$6.2bTotal Revenue: US$92.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. HR Services Industry Price to Earnings3Y Average 36.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Human Resource and Employment Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.2x which is higher than its 3-year average PE of 36.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 9.8% per year over the last three years,
  • Revenues have also declined 3.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. HR Services compare with similar industries?

US Market-2.63%
Industrials-2.55%
Professional Services8.57%
HR Services11.34%
Research and Consulting Services3.60%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADP Automatic Data ProcessingUS$273.3712.4%
+US$12.1b		-12.1%PE25.1x
PAYX PaychexUS$122.1310.4%
+US$4.1b		-15.4%PE24.7x
PAYC Paycom SoftwareUS$168.9221.3%
+US$1.4b		-28.3%PE16.8x
PCTY Paylocity HoldingUS$144.7919.9%
+US$1.3b		-22.3%PE30x
TNET TriNet GroupUS$70.2317.0%
+US$468.6m		1.7%PE20.3x

Latest News

ADP
US$273.37
Automatic Data Processing
7D
12.4%
1Y
-12.1%
Seeking Alpha • 5h

Automatic Data Processing: Post-Earnings Rally Closed The Valuation Gap, Still A Buy

Summary Automatic Data Processing, Inc. delivered a double beat in Q4, driving shares higher and reaffirming its long-term upside potential. ADP's robust free cash flow, margin expansion, and aggressive share buybacks underpin its investment appeal, even as forward P/E approaches 23x. Management guided for modestly lower revenue growth in FY27, but ongoing AI integration and margin gains support continued EPS and cash flow strength. ADP trades below its 5-year average multiple, offers a 2.51% yield, and maintains a fortress balance sheet, making it attractive for patient investors. Read the full article on Seeking Alpha
PCTY
US$144.79
Paylocity Holding
7D
19.9%
1Y
-22.3%
PAYC
US$168.92
Paycom Software
7D
21.3%
1Y
-28.3%
TNET
US$70.23
TriNet Group
7D
17.0%
1Y
1.7%
FVRR
US$9.21
Fiverr International
7D
-12.3%
1Y
-58.2%
RHI
US$40.13
Robert Half
7D
-1.4%
1Y
7.2%
TBI
US$7.47
TrueBlue
7D
-10.5%
1Y
3.5%
BZ
US$16.10
Kanzhun
7D
4.5%
1Y
-15.9%
Narrative Update • Jul 22

BZ: Expanded Buybacks And AI Adoption Will Support Future Upside

Analysts have trimmed their price target for Kanzhun to about $26 from roughly $28, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What’s in the News for Kanzhun Kanzhun repurchased more than RMB 2.06b of Class A ordinary shares in the first half of 2026 under an authorized buyback mandate of up to US$400m through August 28, 2027, according to recent company disclosures.
PAYX
US$122.13
Paychex
7D
10.4%
1Y
-15.4%
Narrative Update • Jul 22

PAYX: FY27 Revenue Outlook Will Drive Downside Risk At Current P E

Analysts have nudged the Paychex fair value estimate higher from $90.00 to $95.00. This reflects updated models that incorporate refined discount rate assumptions, slightly adjusted revenue growth expectations, and a modestly higher projected profit margin and future P/E multiple based on recent price target changes and commentary around the FY27 setup, acquisition synergies, and dividend support.
KFY
US$84.69
Korn Ferry
7D
8.4%
1Y
18.2%
BGSF
US$5.36
BGSF
7D
-4.5%
1Y
-12.8%
FA
US$21.51
First Advantage
7D
7.8%
1Y
19.4%
Narrative Update • Jul 17

FA: Index Additions And Buybacks Will Support Earnings With Measured Upside

Analysts have raised their price target on First Advantage from $20.00 to about $23.45, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for First Advantage First Advantage hit a 52 week high of $18.56 after Q1 2026 results that exceeded analyst expectations, with earnings per share of $0.26 and revenue of $385.2 million.
NIXX
US$0.65
Nixxy
7D
-22.7%
1Y
-61.9%
CLIK
US$1.41
Click Holdings
7D
-13.0%
1Y
-87.8%
JOB
US$0.21
GEE Group
7D
-2.7%
1Y
3.7%
YOUL
US$0.35
Youlife Group
7D
-41.7%
1Y
-81.8%