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/Sales
As of 16 October 2026, Paychex, Inc. (PAYX) trades at a EV/Sales of 6.6×. Over the past ten years it has ranged from 4.4× (March 2020) to 11.4× (December 2021); the current reading is higher than 24% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2026 | 6.2× | (42.17%) |
| FY2025 | 10.8× | 33.52% |
| FY2024 | 8.1× | 9.18% |
| FY2023 | 7.4× | (22.92%) |
| FY2022 | 9.6× | 7.77% |
| FY2021 | 8.9× | 40.25% |
| FY2020 | 6.3× | (22.61%) |
| FY2019 | 8.2× | 19.38% |
| FY2018 | 6.9× | 2.81% |
| FY2017 | 6.7× | 2.58% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Aug 2026 | 7.5× | 19.87% |
| May 2026 | 6.2× | 6.78% |
| Feb 2026 | 5.8× | (18.42%) |
| Nov 2025 | 7.1× | (20.69%) |
| 43 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ZM Zoom Communications, Inc. compare | 4.1× |
| SSNC SS&C Technologies Holdings, Inc. compare | 4.1× |
| WDAY Workday, Inc. compare | 4.6× |
| ROP Roper Technologies, Inc. compare | 6.0× |
| ADSK Autodesk, Inc. compare | 6.2× |
| PAYX Paychex, Inc. | 6.6× |
| PTC PTC Inc. compare | 7.9× |
| TEAM Atlassian Corporation PLC compare | 8.1× |
| MSTR Strategy Inc compare | 105× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (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/FCF
- 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