# Paychex share price today (Paychex, Inc., PAYX) > Paychex, Inc.'s earnings have grown faster than its share price. Earnings per share grew +6.8% in a year while the price moved +6.7%. PAYX · Technology · Software - Application · data as of 5 November 2026. Page: https://www.sectoralpha.in/us/stocks/payx Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: $119.50 (+6.7% in a year) - P/E: 23.7× (lower than 85% of the last 4.4 years) - Revenue (Aug 2026): $1.6 B (+5.9% on a year ago) - Profit (Aug 2026): $430 M (+12.0% on a year ago) - Operating margin: 38.5% (+1.8 points on a year ago) - ROE: 47%, FY26 - ROIC: 27.4%, against a 8.5% cost of capital: +18.9 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Paychex share price today? Paychex, Inc.'s share price was $119.50 at the close on 5 November 2026. It has been stalling near its high for 5 weeks. That is 15.4% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. In the last 52 weeks it traded between $86 and $127, and at that close it sat 82% of the way up from that low. Over the last 10 years the share price moved +95% while the S&P 500 moved +245%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Paychex pay? Paychex, Inc. paid $4.54 per share over the last four reported quarters. The most recent declaration was $1.19 for Aug 2026. At today's price of $119.50 that is a yield of 3.80%, based on dividends already paid, not a forecast. ## Which stock lists is Paychex on? Paychex is on 3 of our US lists: Nasdaq 100 companies, S&P 500 companies and US tech stocks. - [Nasdaq 100 companies](https://www.sectoralpha.in/nasdaq-100-stocks) - [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks) - [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Paychex profitable? Paychex, Inc. earned $430 M of net profit in the Aug 2026 quarter, +12.0% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was $1.8 B. Over 4 years profit has grown 6.0% a year on average. That is 26.4% of the quarter's revenue. The same quarter a year earlier earned $384 M. For the full year, FY26 profit was $1.8 B (+6.2% on the year before). Why profit moved: revenue changed +5.9% on a year earlier and the margin moved +1.8 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +14.3% and revenue +14.2%. Profit and revenue are moving at about the same pace. ## How much revenue does Paychex make, and is it growing? Paychex, Inc. reported $1.6 B of revenue in the Aug 2026 quarter, +5.9% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 9.0% a year on average. The last full year, FY26, came in at $6.5 B. The last four reported quarters add to $6.6 B. FY26 revenue was $6.5 B, +16.9% on the year before. Recent pace: the last four quarters grew +14.2% on average, against 9.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.0%, against +11.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +11.9%, against +3.1% a year (accelerating). ## How much of every $100 of sales does Paychex keep? Paychex, Inc.'s operating margin was 38.5% in the Aug 2026 quarter, 1.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between 39.5% and 41.8%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed +0.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Paychex's profit turning into cash? Over the last 3 years, 124% of Paychex, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $2.6 B of operating cash against $1.8 B of profit. After $235 M of spending on assets, $2.3 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Paychex's cash go? Paychex, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $588 M on assets over the last 3 years. Averaged over those years that is 3.0% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $588 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Paychex's P/E ratio, and how does it compare with its own history? Paychex, Inc.'s P/E is 23.7×, near the low end of its own history: it has been lower only 15% of the time. Its usual P/E (the middle reading) is 27.4×, over 4.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +6.8% while the price moved +6.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +2.7% a year; about +4.6% a year came from earnings growth and about −1.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Paychex business getting better or worse? Paychex, Inc.'s business is turning around. Profit growth has swung from −5.9% at its low to +11.9%, improving for 2 quarters in a row, with ROCE falling at 28.6%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Paychex earn on its capital? Paychex, Inc. earned a ROE of 47% in FY26. That is up from a low of 40% in FY25. Its return on capital used (ROIC) is 18.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 27.0% net margin and 0.40× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 27.0% net margin × 0.40× asset turnover × 4.33× leverage (assets divided by equity) ≈ 46.8% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 27.4% − 8.5% = +18.9 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. ## Does Paychex have too much debt? Paychex, Inc. has total debt of $4.6 B against shareholder equity of $3.7 B as of Aug 2026, so its debt is 1.25× its equity. Year by year, that ratio went from 0.29 in FY22 to 1.24 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Paychex shareholding pattern? 6.5% of Paychex, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Paychex from balance-sheet trouble? For Paychex, Inc., the Z-score is 3.22. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.22 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Paychex rank in its industry? 60.5 out of 100, rank 8 of 30 in Software - Application, with 85% of the evidence available. Paychex, Inc. scores 60.5 out of 100 against the 30 companies it is compared with in Software - Application, ranking 8. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.8 + 20.1 + 9.4 + 9.2 = 60.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Paychex compared with? Paychex ranks 8 of 30 Software - Application companies on the 4-Factor Sector Score, with 60.5 out of 100. 1. [PTC Inc.](https://www.sectoralpha.in/us/stocks/ptc) PTC · breaking out · Most evidence points up · 81% evidence 75.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 19.5% · Profit 100% · Operating margin change -4.6 points · 83% evidence Capital efficiency 18.9/25 · ROCE 22.7% · Operating margin 28.2% · 76% evidence Valuation 15.2/20 · P/E 10.7× · PEG 0.8 · 65% evidence Relative strength 17.8/20 · Lead over its industry 10.5% · Lead over S&P 500 24.7% · 1 year 10.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 18.9 + 15.2 + 17.8 = 75.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Autodesk, Inc.](https://www.sectoralpha.in/us/stocks/adsk) ADSK · breaking out · Most evidence points up · 85% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 17.9% · Profit 57.4% · Operating margin change 3.7 points · 95% evidence Capital efficiency 20.0/25 · ROCE 34.2% · Operating margin 29.2% · 76% evidence Valuation 14.3/20 · P/E 30.1× · PEG 0.72 · 65% evidence Relative strength 10.3/20 · Lead over its industry -5.1% · Lead over S&P 500 7.2% · 1 year -9.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 29 + 20 + 14.3 + 10.3 = 73.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [DocuSign, Inc.](https://www.sectoralpha.in/us/stocks/docu) DOCU · leader · Most evidence points up · 85% evidence 66.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 8.6% · Profit 17.9% · Operating margin change 5.3 points · 95% evidence Capital efficiency 14.8/25 · ROCE 20.2% · Operating margin 13.4% · 76% evidence Valuation 10.6/20 · P/E 31.7× · PEG 1.42 · 65% evidence Relative strength 18.3/20 · Lead over its industry 20% · Lead over S&P 500 34.6% · 1 year 13.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.5 + 14.8 + 10.6 + 18.3 = 66.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Atlassian Corporation](https://www.sectoralpha.in/us/stocks/team) TEAM · leader · Evidence leans up · 64% evidence 63.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 26% · Profit n/a · Operating margin change 14.4 points · 62% evidence Capital efficiency 8.8/25 · ROCE 11.7% · Operating margin 12.3% · 76% evidence Valuation 11.5/20 · P/E -366.7× · PEG n/a · 15% evidence Relative strength 18.3/20 · Lead over its industry 29.9% · Lead over S&P 500 43.8% · 1 year 16.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.2 + 8.8 + 11.5 + 18.3 = 63.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Fair Isaac Corporation](https://www.sectoralpha.in/us/stocks/fico) FICO · basing · Evidence leans up · 81% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 24.1% · Profit 28.4% · Operating margin change 4.9 points · 83% evidence Capital efficiency 21.2/25 · ROCE 96.5% · Operating margin 53.8% · 76% evidence Valuation 12.3/20 · P/E 34× · PEG 0.96 · 65% evidence Relative strength 0.4/20 · Lead over its industry -50.2% · Lead over S&P 500 -44% · 1 year -59.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.9 + 21.2 + 12.3 + 0.4 = 61.8 · What this means: Earnings are strong; relative strength in its sector is -50.2% and the one-year return is -59.3%. 6. [Automatic Data Processing, Inc.](https://www.sectoralpha.in/us/stocks/adp) ADP · leader · Evidence leans up · 85% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue 6.5% · Profit 9.4% · Operating margin change 0.8 points · 95% evidence Capital efficiency 19.9/25 · ROCE 49.3% · Operating margin 26.7% · 76% evidence Valuation 8.6/20 · P/E 22.6× · PEG 1.99 · 65% evidence Relative strength 15.4/20 · Lead over its industry 8.6% · Lead over S&P 500 22.9% · 1 year 20.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 17.2 + 19.9 + 8.6 + 15.4 = 61.1 · What this means: Relative strength against the index is 22.9%, and revenue and profit growth are weak. 7. [Roper Technologies, Inc.](https://www.sectoralpha.in/us/stocks/rop) ROP · turning · Evidence leans up · 85% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 9.2% · Profit 65% · Operating margin change 0.3 points · 95% evidence Capital efficiency 11.2/25 · ROCE 7.9% · Operating margin 28.7% · 76% evidence Valuation 12.3/20 · P/E 13.3× · PEG 1.37 · 65% evidence Relative strength 17.7/20 · Lead over its industry 11.2% · Lead over S&P 500 25.6% · 1 year 10% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.6 + 11.2 + 12.3 + 17.7 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Paychex, Inc. this page PAYX · turning · Evidence leans up · 85% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 14% · Profit 12% · Operating margin change 1.8 points · 95% evidence Capital efficiency 20.1/25 · ROCE 28.9% · Operating margin 38.5% · 76% evidence Valuation 9.4/20 · P/E 25.1× · PEG 1.89 · 65% evidence Relative strength 9.2/20 · Lead over its industry -2.1% · Lead over S&P 500 11% · 1 year 6.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 21.8 + 20.1 + 9.4 + 9.2 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Intuit Inc.](https://www.sectoralpha.in/us/stocks/intu) INTU · breaking out · Evidence leans up · 85% evidence 60.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 13.9% · Profit 18% · Operating margin change 8.7 points · 95% evidence Capital efficiency 17.1/25 · ROCE 23.2% · Operating margin 17.6% · 76% evidence Valuation 13.7/20 · P/E 18.9× · PEG 0.94 · 65% evidence Relative strength 5.4/20 · Lead over its industry -25.4% · Lead over S&P 500 -17.1% · 1 year -45.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 17.1 + 13.7 + 5.4 = 60 · What this means: Earnings are strong; relative strength in its sector is -25.4% and the one-year return is -45.3%. 10. [Workday, Inc.](https://www.sectoralpha.in/us/stocks/wday) WDAY · breaking out · Evidence leans up · 85% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 13.3% · Profit 100% · Operating margin change 1.2 points · 95% evidence Capital efficiency 10.9/25 · ROCE 13.1% · Operating margin 11.8% · 76% evidence Valuation 7.8/20 · P/E 31.7× · PEG 2.02 · 65% evidence Relative strength 15.3/20 · Lead over its industry 4.6% · Lead over S&P 500 16.7% · 1 year -11.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.7 + 10.9 + 7.8 + 15.3 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Manhattan Associates, Inc.](https://www.sectoralpha.in/us/stocks/manh) MANH · leader · Evidence leans up · 81% evidence 58.7 out of 100 Growth Capital Valuation Relative 12. [Bentley Systems, Incorporated](https://www.sectoralpha.in/us/stocks/bsy) BSY · breaking out · Evidence leans up · 81% evidence 58.4 out of 100 Growth Capital Valuation Relative 13. [SAP SE](https://www.sectoralpha.in/us/stocks/sap) SAP · breaking out · Evidence leans up · 85% evidence 58.2 out of 100 Growth Capital Valuation Relative 14. [Salesforce, Inc.](https://www.sectoralpha.in/us/stocks/crm) CRM · breaking out · Evidence leans up · 85% evidence 53.9 out of 100 Growth Capital Valuation Relative 15. [Adobe Inc.](https://www.sectoralpha.in/us/stocks/adbe) ADBE · quiet · Evidence leans up · 85% evidence 53.3 out of 100 Growth Capital Valuation Relative 16. [Guidewire Software, Inc.](https://www.sectoralpha.in/us/stocks/gwre) GWRE · losing its lead · Evidence leans down · 75% evidence 49.6 out of 100 Growth Capital Valuation Relative 17. [Unity Software Inc.](https://www.sectoralpha.in/us/stocks/u) U · leader · Evidence leans down · 61% evidence 49.3 out of 100 Growth Capital Valuation Relative 18. [Snowflake Inc.](https://www.sectoralpha.in/us/stocks/snow) SNOW · quiet · Evidence leans down · 64% evidence 45.9 out of 100 Growth Capital Valuation Relative 19. [Zoom Communications, Inc.](https://www.sectoralpha.in/us/stocks/zm) ZM · quiet · Evidence leans down · 85% evidence 45.6 out of 100 Growth Capital Valuation Relative 20. [Cadence Design Systems, Inc.](https://www.sectoralpha.in/us/stocks/cdns) CDNS · basing · Evidence leans down · 81% evidence 44.3 out of 100 Growth Capital Valuation Relative 21. [Fiserv, Inc.](https://www.sectoralpha.in/us/stocks/fisv) FISV · turning · Evidence leans down · 81% evidence 44.3 out of 100 Growth Capital Valuation Relative 22. [Shopify Inc.](https://www.sectoralpha.in/us/stocks/shop) SHOP · losing its lead · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative 23. [SS&C Technologies Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ssnc) SSNC · losing its lead · Evidence leans down · 85% evidence 43.1 out of 100 Growth Capital Valuation Relative 24. [Tyler Technologies, Inc.](https://www.sectoralpha.in/us/stocks/tyl) TYL · breaking out · Evidence leans down · 81% evidence 42.3 out of 100 Growth Capital Valuation Relative 25. [Uber Technologies, Inc.](https://www.sectoralpha.in/us/stocks/uber) UBER · basing · Evidence leans down · 85% evidence 41.9 out of 100 Growth Capital Valuation Relative 26. [Grab Holdings Limited](https://www.sectoralpha.in/us/stocks/grab) GRAB · turning · Evidence leans down · 71% evidence 40.6 out of 100 Growth Capital Valuation Relative 27. [Datadog, Inc.](https://www.sectoralpha.in/us/stocks/ddog) DDOG · quiet · Evidence leans down · 71% evidence 38.9 out of 100 Growth Capital Valuation Relative 28. [Strategy Inc](https://www.sectoralpha.in/us/stocks/mstr) MSTR · breaking out · Most evidence points down · 67% evidence 28.2 out of 100 Growth Capital Valuation Relative 29. [ServiceNow, Inc.](https://www.sectoralpha.in/us/stocks/now) NOW · quiet · Most evidence points down · 81% evidence 26.4 out of 100 Growth Capital Valuation Relative 30. Bending Spoons S.p.A. BSP · breaking out · Too little evidence to rank firmly · 28% evidence 47.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Software - Application](https://www.sectoralpha.in/us/sectors/software-application), all 30 compared on one page. ## Which companies are close to Paychex in size? Paychex is the 17th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: Roper Technologies, Inc., Workday, Inc. and Atlassian Corporation. Just below it: Fiserv, Inc., Zoom Communications, Inc. and Unity Software Inc. ### Software - Application companies close in size 1. [Roper Technologies, Inc.](https://www.sectoralpha.in/us/stocks/rop) $48.7 billion 2. [Workday, Inc.](https://www.sectoralpha.in/us/stocks/wday) $48.3 billion 3. [Atlassian Corporation](https://www.sectoralpha.in/us/stocks/team) $46.4 billion 4. Paychex, Inc. $42.5 billion 5. [Fiserv, Inc.](https://www.sectoralpha.in/us/stocks/fisv) $33.4 billion 6. [Zoom Communications, Inc.](https://www.sectoralpha.in/us/stocks/zm) $25.9 billion 7. [Unity Software Inc.](https://www.sectoralpha.in/us/stocks/u) $21.5 billion [All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies) ### Companies close in size in other industries 1. [Rocket Companies, Inc.](https://www.sectoralpha.in/us/stocks/rkt) $42.6 billion · Mortgage Finance 2. [American International Group, Inc.](https://www.sectoralpha.in/us/stocks/aig) $42.4 billion · Insurance - Diversified 3. Paychex, Inc. $42.3 billion 4. [Paramount Skydance Corporation](https://www.sectoralpha.in/us/stocks/psky) $42.3 billion · Entertainment 5. [Carnival Corporation Ltd.](https://www.sectoralpha.in/us/stocks/ccl) $42.1 billion · Travel Services ## What else do people ask about Paychex? ### What were Paychex's latest quarterly results? Paychex, Inc. reported revenue of $1.6 B and net profit of $430 M for the Aug 2026 quarter. Revenue rose 5.9% and profit rose 12.0% compared with a year earlier. Earnings per share were $1.21. The operating margin was 38.5%, 1.8 percentage points higher than a year earlier (as of 5 November 2026). ### What is Paychex's market cap? Paychex, Inc.'s market capitalisation is $42.5 B at a stock price of $119.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026). ### How is Paychex performing? Paychex, Inc.'s share price has been stalling near its high for 5 weeks. In its latest quarter, revenue rose 5.9% and profit rose 12.0% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 5 November 2026). ### Will Paychex's stock price go up? This page does not forecast Paychex, Inc.'s stock price. What it shows instead: the stock price is $119.50, and it has been stalling near its high for 5 weeks. Its P/E of 23.7× is higher than 15% of its own last 4 years (as of 5 November 2026). ### Where is Paychex in its business cycle? Paychex, Inc.'s FY26 operating margin was 39.5%, against a 5-year range of 39.5% to 41.8%: the low end of its own range, which is often where recoveries start. The latest quarter was 38.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026). ### What could break the Paychex story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026). ### Is Paychex a stock worth studying right now? What the numbers show: Paychex, Inc.'s earnings have grown faster than its share price. Earnings per share grew +6.8% in a year while the price moved +6.7%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026). ## Lists - Nasdaq 100 companies: https://www.sectoralpha.in/nasdaq-100-stocks - S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.