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.
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Paychex, Inc. (PAYX) 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 | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| MSTR Strategy Inc compare | −2.7× |
| ZM Zoom Communications, Inc. compare | 11.1× |
| WDAY Workday, Inc. compare | 16.0× |
| ADSK Autodesk, Inc. compare | 16.8× |
| ROP Roper Technologies, Inc. compare | 18.6× |
| PAYX Paychex, Inc. | 20.3× |
| PTC PTC Inc. compare | 25.1× |
| U Unity Software Inc. compare | 39.0× |
| TEAM Atlassian Corporation PLC compare | 40.8× |
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))
More on PAYX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement