Paychex, Inc. PAYX

101.37 (0.22) (0.22%) as of 25 Sep
Market cap
$36.0B
P/E
20.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Paychex, Inc. (PAYX) EV/EBITDA

As of 25 September 2026, Paychex, Inc. (PAYX) trades at a EV/EBITDA of 12.5×. Over the past ten years it has ranged from 9.4× (March 2020) to 23.2× (December 2021); the current reading is higher than 7% of that period. That is below the Software Application industry median of 14.4× and below the Technology sector median of 15.7×.

EV/EBITDA, daily

Annual

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

Period EV/EBITDA Change
Aug 2026 15.4× 21.54%
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 16.1×
Current reading's percentile 7

EV/EBITDA against peers

Company EV/EBITDA
MSTR Strategy Inc compare n/m
SSNC SS&C Technologies Holdings, Inc. compare 11.4×
ZM Zoom Communications, Inc. compare 12.1×
PAYX Paychex, Inc. 12.5×
ADSK Autodesk, Inc. compare 14.4×
ROP Roper Technologies, Inc. compare 14.4×
FICO Fair Isaac Corporation compare 19.9×
WDAY Workday, Inc. compare 26.1×
TEAM Atlassian Corporation PLC compare 322×
Software Application industry median 14.4×
Technology sector median 15.7×
Market median 11.0×

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 →

More on PAYX