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

Paychex, Inc. (PAYX) Return on equity

Alert me on 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 0.00%.

Return on equity, annual

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Annual newest first

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

Low 37.9% High 47.4%
Ten-year median 42.3%
Current reading's percentile 67

Return on equity against peers

Company Return on equity
ADSK Autodesk, Inc. compare 53.9%
PAYX Paychex, Inc. 47.1%
PTC PTC Inc. compare 35.1%
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%
MSTR Strategy Inc compare −80.1%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 1.35%

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)

The full definition of Return on equity →

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