Paychex, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Paychex, Inc.'s yearly results (2023–2026), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Goodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative. Less tangible than 88% of Technology companies in United States.
Where $100 of sales goes
Latest year (May 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$124Over the last 3 years, every $100 of reported profit came with $124 of operating cash.
Lower than 74% of Technology companies in United States.
Self-Funding Ratio
10.8×Over the last 3 years its own operating cash covered its investment spending (capex) 10.8 times.
Higher than 82% of Technology companies in United States.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 75% of Technology companies in United States.
Growth Efficiency Ratio
$13Sales grew 30% in 3 years; of every extra $100 of sales, $13 became extra profit.
Lower than 59% of Technology companies in United States.
Asset Productivity Ratio
+30% / +53%In 3 years sales changed by +30% while total assets changed by +53%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
—Data incomplete
Cash Cushion Ratio
−8%Debt, after subtracting cash, equals 8% of its market value (net debt).
Lower than 70% of Technology companies in United States.
Tangible Assets Ratio
62%Of every $100 the company owns, $62 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 65% of Technology companies in United States.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 88% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Paychex, Inc. owes $0.77 for every $1 it owns. Net profit rose 6% in the year to May 2026, and grew 4% a year on average over 3 years.
Compared with Technology companies in United States · latest annual results May 2026.
P/E ratio
23.6Investors pay $23.6 for every $1 of Paychex, Inc.'s yearly profit, lower than 64% of Technology companies in United States.
P/B ratio
11.32The share price is 11.32 times Paychex, Inc.'s book value per share, higher than 86% of Technology companies in United States.
Market cap
$42.3 BThe total market value of all of Paychex, Inc.'s shares at today's price (share price × number of shares), larger than 91% of Technology companies in United States. PosiCap size class: Tito Cap.
Net worth (book value)
$3.7 BWhat Paychex, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 May 2026).
Book value per share
$10.49Net worth divided by the number of shares. The share price of $118.81 is 11.3 times this, which is the P/B above.
Return on equity (ROE)
47.1%Paychex, Inc. earned 47.1% on its shareholders' money over the last year, higher than 93% of Technology companies in United States.
Owes vs Owns
0.77×Paychex, Inc. owes $0.77 for every $1 it owns (moderate), higher than 81% of Technology companies in United States.
Dividend yield
4.23%Paychex, Inc. pays 4.23% of its share price as dividends a year, higher than 96% of dividend-paying Technology companies in United States.
Revenue growth
+17%Revenue rose 17% in the year to May 2026, and grew 9% a year on average over 3 years.
Profit growth
+6%Net profit rose 6% in the year to May 2026, and grew 4% a year on average over 3 years.
Profit margin
27.0%Paychex, Inc. keeps $27 of every $100 of revenue as net profit.
Cash quality
1.5×Cash from Paychex, Inc.'s business was 1.5× its reported profit in the year to May 2026 — its profit turned into cash.
Interest cover
9.3×Paychex, Inc.'s operating profit covered its interest costs 9.3 times in the year to May 2026.
Cash vs debt
Net debtPaychex, Inc. had $3.5 B more debt than cash (net debt) at May 2026.
Questions
What is Paychex, Inc.'s P/E ratio?
Investors pay $23.6 for every $1 of Paychex, Inc.'s yearly profit, lower than 64% of Technology companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Paychex, Inc.: $42.3 B ÷ $3.7 B (31 May 2026) = 11.3.
What is Paychex, Inc.'s return on equity?
Paychex, Inc. earned 47.1% on its shareholders' money over the last year, higher than 93% of Technology companies in United States.
How much does Paychex, Inc. owe compared with what it owns?
Paychex, Inc. owes $0.77 for every $1 it owns (moderate), higher than 81% of Technology companies in United States.
Does Paychex, Inc. pay a dividend?
Yes. Paychex, Inc. pays 4.23% of its share price as dividends a year, higher than 96% of dividend-paying Technology companies in United States.
Is Paychex, Inc.'s revenue growing?
Revenue rose 17% in the year to May 2026, and grew 9% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.