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Saturday 17 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.

111.63 0.85 +0.77%
Market cap
$39.4B
P/E
22.1×
Fwd P/E
17.9×
Dividend yield
4.07%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Paychex, Inc. (PAYX) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Paychex, Inc. (PAYX) trades at a P/S ratio of 6.0×. Over the past ten years it has ranged from 4.4× (March 2020) to 11.4× (December 2021); the current reading is higher than 7% of that period. That is above the Software Application industry median of 2.7× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2026 5.6× (44.55%)
FY2025 10.2× 24.14%
FY2024 8.2× 8.60%
FY2023 7.6× (22.00%)
FY2022 9.7× 8.07%
FY2021 9.0× 40.34%
FY2020 6.4× (21.85%)
FY2019 8.2× 17.19%
FY2018 7.0× 3.13%
FY2017 6.8× 2.02%

Quarterly newest first

Period P/S ratio Change
Aug 2026 6.9× 21.55%
May 2026 5.6× 5.77%
Feb 2026 5.3× (18.93%)
Nov 2025 6.6× (22.09%)
43 more quarters

Against its own ten years

Low 4.4× High 11.4×
Ten-year median 7.7×
Current reading's percentile 7

P/S ratio against peers

Company P/S ratio
SSNC SS&C Technologies Holdings, Inc. compare 3.0×
WDAY Workday, Inc. compare 4.6×
ROP Roper Technologies, Inc. compare 4.6×
ZM Zoom Communications, Inc. compare 5.5×
PAYX Paychex, Inc. 6.0×
ADSK Autodesk, Inc. compare 6.5×
PTC PTC Inc. compare 7.5×
TEAM Atlassian Corporation PLC compare 8.2×
MSTR Strategy Inc compare 96.8×
Software Application industry median 2.7×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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