Paychex (PCX) Stock Overview

Provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. More details

PCX fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 49.5% below our estimate of its fair value

Earnings are forecast to grow 10.72% per year

Risk Analysis

Shares are highly illiquid

Dividend of 4.43% is not well covered by earnings

Has a high level of debt

PCX Community Fair Values

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Paychex, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Paychex
Historical stock prices
Current Share Price	US$79.75
52 Week High	US$0
52 Week Low	US$0
Beta	0.82
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent updates

Shareholder Returns

	PCX	CH Professional Services	CH Market
7D	0%	-1.2%	2.5%
1Y	n/a	-29.1%	12.6%

Return vs Industry: Insufficient data to determine how PCX performed against the Swiss Professional Services industry.

Return vs Market: Insufficient data to determine how PCX performed against the Swiss Market.

Price Volatility

Is PCX's price volatile compared to industry and market?
PCX volatility
PCX Average Weekly Movement	n/a
Professional Services Industry Average Movement	5.6%
Market Average Movement	4.4%
10% most volatile stocks in CH Market	7.6%
10% least volatile stocks in CH Market	2.4%

Stable Share Price: PCX's share price has been volatile over the past 3 months compared to the Swiss market.

Volatility Over Time: Insufficient data to determine PCX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1971	19,000	John Gibson	www.paychex.com

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), 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. The company provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services.

Paychex, Inc. Fundamentals Summary

How do Paychex's earnings and revenue compare to its market cap?
PCX fundamental statistics
Market cap	CHF 27.99b
Earnings (TTM)	CHF 1.31b
Revenue (TTM)	CHF 5.07b

21.4x

P/E Ratio

5.5x

P/S Ratio

Is PCX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PCX income statement (TTM)
Revenue	US$6.33b
Cost of Revenue	US$1.65b
Gross Profit	US$4.68b
Other Expenses	US$3.05b
Earnings	US$1.64b

Last Reported Earnings

Feb 28, 2026

Next Earnings Date

Jun 24, 2026

Earnings per share (EPS)	4.57
Gross Margin	73.93%
Net Profit Margin	25.84%
Debt/Equity Ratio	123.4%

How did PCX perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

95%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/18 04:35
End of Day Share Price	2026/06/08 00:00
Earnings	2026/02/28
Annual Earnings	2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Paychex, Inc. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Mark Marcon	Baird
Lisa Dejong Ellis	Bernstein

Paychex, Inc.BRSE:PCX Stock Report