Paychex
PAYX
Paychex trades at 7.0x EV/NTM revenue on a $48.65B enterprise value. Revenue grew 12.5% year over year to $1.61B in the quarter ending May 2026, an annual run rate of $6.42B.
ARR ($M)
6422
Net Dollar Retention
--
ARR Growth
12.5%
EV / NTM Revenue
7.0x
Payback Period
EV / Run Rate
7.6x
Price & Key Metrics
Price Performance
Company Details
Share Price: 127.04
Last Filing Date: 2026-05-31
Last Filing: Form
Founding Year: 1979
IPO Year: 1983
% of 52 wk High: 93%
Description
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India.
Categories
Software
Application Software
B2B SaaS
Valuation
Market Cap: 45,185.951
Enterprise Value: 48,653.851
EV / Revenue Run Rate: 7.6x
EV / NTM Revenue: 7.0x
EV / 2026 Revenue Estimates: 7.2x
EV / 2027 Revenue Estimates: 6.9x
EV / 2028 Revenue Estimates: 6.5x
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 6,422
ARR Growth %: 12%
ARR/Customer ($K): --
ARR/Employee ($K): 364
Revenue
Revenue Run Rate: 6,422
ARR: 6,422
2026 Revenue Estimates: 6,741
2027 Revenue Estimates: 7,098
2028 Revenue Estimates: 7,445
LTM Revenue: 6,512
Last Year Run Rate: 5,709
Growth
Revenue Growth: 12%
ARR Growth: 12%
Growth Persistence: 122%
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: 5%
2028 Revenue Growth Estimates: 5%
Financials
Quarterly
Calendar Year
Frequently Asked Questions
How fast is Paychex growing?
Paychex grew revenue 12.5% year over year, reaching $1.61B in the quarter ending May 2026.
What multiple does Paychex trade at?
Paychex trades at 7.0x EV/NTM revenue and 7.6x EV/run-rate, on an enterprise value of $48.65B.
Is Paychex profitable?
For Paychex, operating income was $604.7M last quarter and LTM free cash flow margin is 35.6%.
What sector is Paychex in?
Public Comps classifies Paychex under Software, Application Software, and B2B SaaS.
Where does Public Comps get Paychex's data?
Figures come from Paychex's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.