Sunday 11 October 2026 Export all PAYX data to Excel Powerpack

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.

103.98 0.48 −0.46%
Market cap
$37.2B
P/E
20.6×
Fwd P/E
17.9×
Dividend yield
4.37%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100

Paychex, Inc. (PAYX) EV/FCF

Alert me on EV/FCF

As of 9 October 2026, Paychex, Inc. (PAYX) trades at a EV/FCF of 20.3×. Over the past ten years it has ranged from 12.9× (September 2015) to 39.2× (December 2021); the current reading is higher than 18% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2026 17.5× (50.25%)
FY2025 35.1× 43.19%
FY2024 24.5× 4.72%
FY2023 23.4× (22.81%)
FY2022 30.3× (3.67%)
FY2021 31.5× 61.49%
FY2020 19.5× (27.60%)
FY2019 26.9× 30.39%
FY2018 20.6× (15.01%)
FY2017 24.3× 16.45%

Quarterly newest first

Period EV/FCF Change
Aug 2026 24.4× 39.92%
May 2026 17.5× (1.17%)
Feb 2026 17.7× (18.22%)
Nov 2025 21.6× (22.98%)
43 more quarters

Against its own ten years

Low 12.9× High 39.2×
Ten-year median 23.9×
Current reading's percentile 10

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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