Paychex, Inc. PAYX
- Market cap
- $36.0B
- P/E
- 20.1×
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Paychex, Inc. (PAYX) Return on equity
Paychex, Inc.'s return on equity over the twelve months to 31 August 2026 was 47.1%, up 2.3 percentage points from fiscal 2026 (44.8%). Over the past ten years it has ranged from 37.9% (fiscal 2015) to 47.4% (fiscal 2023); the current reading is higher than 67% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.27%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2026 | 44.8% | 2.97 |
| FY2025 | 41.8% | (4.55) |
| FY2024 | 46.4% | (1.00) |
| FY2023 | 47.4% | 1.18 |
| FY2022 | 46.2% | 7.86 |
| FY2021 | 38.3% | (2.35) |
| FY2020 | 40.7% | (0.91) |
| FY2019 | 41.6% | (4.54) |
| FY2018 | 46.1% | 3.37 |
| FY2017 | 42.7% | 1.80 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| ADSK Autodesk, Inc. compare | 53.9% |
| PAYX Paychex, Inc. | 47.1% |
| ZM Zoom Communications, Inc. compare | 32.1% |
| WDAY Workday, Inc. compare | 16.0% |
| ROP Roper Technologies, Inc. compare | 13.1% |
| SSNC SS&C Technologies Holdings, Inc. compare | 12.6% |
| TEAM Atlassian Corporation PLC compare | −4.48% |
| FICO Fair Isaac Corporation compare | −29.7% |
| MSTR Strategy Inc compare | −80.1% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.27% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on PAYX
- Revenue
- Net income
- 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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement