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Saturday 31 October 2026 Export PAYX’s income statement to Excel — free account

Paychex, Inc.

PAYX Technology Software Application

Paychex, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $6.5 billion, up 16.9% from fiscal 2025. In the quarter to August 2026, revenue grew 5.88%, EPS grew 13.1%, free cash flow fell 46.1% and total debt fell 8.27%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for five; insiders bought in the last twelve months.

112.10 2.73 +2.50%
Market cap
$38.9B
P/E
22.2×
Fwd P/E
21.5×
Dividend yield
5.11%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

Paychex, Inc. (PAYX) EV/EBITDA

Alert me on EV/EBITDA

As of 30 October 2026, Paychex, Inc. (PAYX) trades at a EV/EBITDA of 13.4×. Over the past ten years it has ranged from 9.4× (March 2020) to 23.2× (December 2021); the current reading is higher than 14% of that period. That is below the Software Application industry median of 16.1× and below the Technology sector median of 16.1×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 12.7× (43.36%)
FY2025 22.4× 35.59%
FY2024 16.5× 9.36%
FY2023 15.1× (22.61%)
FY2022 19.5× 1.78%
FY2021 19.2× 42.10%
FY2020 13.5× (22.14%)
FY2019 17.3× 24.92%
FY2018 13.9× 7.05%
FY2017 13.0× (9.69%)

Quarterly newest first

Period EV/EBITDA Change
Aug 2026 15.0× 18.45%
May 2026 12.7× 3.41%
Feb 2026 12.3× (18.90%)
Nov 2025 15.1× (20.43%)
43 more quarters

Against its own ten years

Low 9.4× High 23.2×
Ten-year median 16.0×
Current reading's percentile 14

EV/EBITDA against peers

Company EV/EBITDA
MSTR Strategy Inc compare n/m
ZM Zoom Communications, Inc. compare 13.2×
PAYX Paychex, Inc. 13.4×
ADSK Autodesk, Inc. compare 17.3×
ROP Roper Technologies, Inc. compare 17.8×
PTC PTC Inc. compare 18.8×
WDAY Workday, Inc. compare 27.2×
BSP Bending Spoons S.p.A. compare 46.3×
TEAM Atlassian Corporation PLC compare 329×
Software Application industry median 16.1×
Technology sector median 16.1×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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