Paychex Inc. (PAYX): Price and Financial Metrics

PAYX POWR Grades

• PAYX scores best on the Quality dimension, with a Quality rank ahead of 97.98% of US stocks.
• The strongest trend for PAYX is in Quality, which has been heading down over the past 177 days.
• PAYX ranks lowest in Value; there it ranks in the 19th percentile.

PAYX Stock Summary

• PAYCHEX INC's market capitalization of $39,233,179,084 is ahead of 94.38% of US-listed equities.
• PAYX's went public 34.41 years ago, making it older than 90.14% of listed US stocks we're tracking.
• The volatility of PAYCHEX INC's share price is greater than that of just 8.47% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to PAYX, based on their financial statements, market capitalization, and price volatility, are LULU, CTAS, TT, DHI, and CRH.
• Visit PAYX's SEC page to see the company's official filings. To visit the company's web site, go to www.paychex.com.

PAYX Valuation Summary

• PAYX's price/sales ratio is 8; this is 627.27% higher than that of the median Industrials stock.
• PAYX's price/earnings ratio has moved down 10.1 over the prior 243 months.

Below are key valuation metrics over time for PAYX.

PAYX Growth Metrics

Its 3 year net income to common stockholders growth rate is now at 31.66%.
• The 2 year net income to common stockholders growth rate now stands at 22.71%.
• Its 3 year cash and equivalents growth rate is now at -57.76%.

Over the past 34 months, PAYX's revenue has gone up $711,000,000.

The table below shows PAYX's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	4,816.8	1,636	1,466.6
2022-09-30	4,735	1,484.2	1,438.4
2022-06-30	4,611.7	1,505.5	1,392.8
2022-03-31	4,496.6	1,558	1,359.4
2021-12-31	4,332.3	1,385	1,279.2
2021-09-30	4,207.5	1,430.9	1,219.5

PAYX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• PAYX has a Quality Grade of A, ranking ahead of 96.92% of graded US stocks.
• PAYX's asset turnover comes in at 0.456 -- ranking 342nd of 563 Business Services stocks.
• JCI, EGHT, and ADS are the stocks whose asset turnover ratios are most correlated with PAYX.

The table below shows PAYX's key quality metrics over time.