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Friday 6 November 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.

Revenue
+5.88%
EPS
+13.1%
Free cash flow
−46.1%
Total debt
−8.27%

Quarter to August 2026, against a year earlier

119.15 0.44 +0.37%
Market cap
$42.5B
P/E
23.6×
Fwd P/E
20.4×
Dividend yield
4.81%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Paychex, Inc. (PAYX) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Paychex, Inc. (PAYX) trades at a P/S ratio of 6.4×. Over the past ten years it has ranged from 4.4× (March 2020) to 11.4× (December 2021); the current reading is higher than 13% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

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 10

P/S ratio against peers

Company P/S ratio
WDAY Workday, Inc. compare 4.8×
ZM Zoom Communications, Inc. compare 5.2×
ROP Roper Technologies, Inc. compare 5.8×
PAYX Paychex, Inc. 6.4×
ADSK Autodesk, Inc. compare 7.3×
TEAM Atlassian Corporation PLC compare 7.3×
BSP Bending Spoons S.p.A. compare 14.4×
DDOG Datadog, Inc. compare 14.7×
MSTR Strategy Inc compare 105×
Software Application industry median 3.0×
Technology sector median 2.6×
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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