Paychex Inc (PAYX) · Peers
Paychex against the 85 other companies here in its SEC industry, SIC 87xx (the wider group: its own four-digit code has fewer than five). Each figure is the one on the company's own page; the median is the peers', and the rank is among all 86, highest first.
Measure by measure
| Measure | PAYX | Peer median | Rank |
|---|---|---|---|
| Market value | $39.70B | median $104.26M | 2 of 83 |
| P/E | 22.6× | median 26.3× | 26 of 40 |
| Forward P/E | 18.7× | median 16.0× | 18 of 38 |
| EV/EBITDA | 14.6× | median 15.5× | 22 of 42 |
| P/S | 6.1× | median 2.9× | 28 of 80 |
| FCF yield | 5.8% | median 1.1% | 21 of 82 |
| Dividend yield | 4.0% | median 2.0% | 4 of 19 |
| Gross margin | 74.3% | median 40.8% | 15 of 65 |
| Operating margin | 38.6% | median 1.8% | 4 of 75 |
| Net margin | 27.0% | median 1.2% | 4 of 74 |
| ROIC | 27.7% | median 2.2% | 6 of 65 |
| ROE | 47.1% | median 2.0% | 5 of 70 |
| Revenue growth (4y, yearly) | 9.0% | median 5.7% | 25 of 58 |
| EPS growth (yearly) | 6.2% | median 7.0% | 12 of 21 |
| Net debt / EBITDA | 1.2× | median 2.3× | 20 of 25 |
| Current ratio | 1.3× | median 1.6× | 52 of 84 |
| Stock pay / revenue | 1.5% | median 1.4% | 39 of 79 |
| Share count change | -0.6% | median 1.2% | 62 of 79 |
Green where Paychex is on the better side of the median, red where on the worse; no colour where higher is neither, like size or dividend yield.
The peers, largest first
| Company | Market value | P/E | ROIC | Score |
|---|---|---|---|---|
| PAYXPaychex Inc | $39.70B | P/E 22.6× | 27.7% | 6.0 |
| IQVIQVIA Holdings Inc | $44.55B | P/E 32.2× | 8.6% | 5.0 |
| INCYIncyte Corporation | $22.59B | P/E 15.8× | 73.6% | 7.4 |
| MEDPMedpace Holdings, Inc. | $17.26B | P/E 35.1× | – | 6.5 |
| ULSUL Solutions Inc. | $14.74B | P/E 29.2× | 26.9% | 5.4 |
| CRLCharles River Laboratories | $14.33B | P/E – | 0.4% | 3.9 |
| ICLRIcon PLC | $13.03B | P/E 307.7× | 2.2% | 4.9 |
| ITGartner Inc | $12.97B | P/E 16.7× | 66.6% | 6.5 |
| RTORentokil Initial PLC | $10.61B | P/E 22.6× | 5.0% | 4.7 |
| BAHBooz Allen Hamilton Holding Corp | $8.93B | P/E 11.5× | 18.1% | 5.7 |
| TTEKTetra Tech Inc | $8.89B | P/E 20.4× | 19.9% | 5.7 |
| STNStantec Inc | $7.90B | P/E 23.6× | – | 5.6 |
| ACMAecom | $7.59B | P/E 26.3× | 12.8% | 4.8 |
| GGenpact LTD | $6.26B | P/E 10.7× | 18.6% | 6.2 |
| VSECVSE Corp | $4.60B | P/E 61.4× | 2.6% | 4.3 |
| FCNFTI Consulting, Inc | $4.10B | P/E 16.2× | 13.7% | 5.8 |
| EXPOExponent Inc | $3.42B | P/E 30.6× | 51.2% | 5.7 |
| HURNHuron Consulting Group Inc. | $2.83B | P/E 27.3× | 11.8% | 5.0 |
| VVXV2X, Inc. | $2.20B | P/E 23.9× | 8.2% | 5.3 |
| NEONeogenomics Inc | $2.17B | P/E – | -10.0% | 4.4 |
| ASTHAstrana Health, Inc. | $2.05B | P/E 50.6× | 5.8% | 4.8 |
| ICFIICF International, Inc. | $1.60B | P/E 18.1× | 7.7% | 5.4 |
| WLDNWilldan Group, Inc. | $1.10B | P/E 16.8× | 10.7% | 6.0 |
| BWMNBowman Consulting Group Ltd. | $741.44M | P/E 100.5× | 4.1% | 4.4 |
| MGMistras Group, Inc. | $683.50M | P/E 25.3× | 9.3% | 5.5 |
| OABIOmniAb, Inc. | $667.34M | P/E – | -18.3% | 3.8 |
| EVHEvolent Health, Inc. | $516.68M | P/E – | -27.4% | 3.8 |
| ROMARoma Green Finance Ltd | $496.77M | P/E – | -34.7% | 2.4 |
| ONTOnterris, Inc. | $492.00M | P/E – | 0.8% | 4.6 |
| NRCNational Research Corp | $445.71M | P/E 81.6× | 12.0% | 4.0 |
| PPHCPublic Policy Holding Company, Inc. | $309.72M | P/E – | -21.3% | 4.8 |
| RMRRMR Group Inc | $307.61M | P/E 15.5× | 19.4% | 5.5 |
| EFTYEtoiles Capital Group Co., Ltd | $287.28M | P/E – | -6.8% | 2.7 |
| HCKTHackett Group, Inc. | $281.12M | P/E 16.7× | 18.3% | 5.5 |
| IIIInformation Services Group Inc. | $273.54M | P/E 23.4× | 12.4% | 5.3 |
| ONMDOneMedNet Corp | $267.38M | P/E – | – | 2.9 |
| FORRForrester Research, Inc. | $223.71M | P/E – | -84.4% | 4.4 |
| FCFranklin Covey Co | $202.73M | P/E 92.7× | 16.4% | 5.4 |
| TSSITSS, Inc. | $199.51M | P/E 13.9× | 9.2% | 4.5 |
| PHCIPanamera Holdings Corp | $168.56M | P/E – | – | 3.1 |
| MXCTMaxcyte, Inc. | $134.17M | P/E – | -62.2% | 4.3 |
And 45 smaller ones.
The industry is the Standard Industrial Classification code the company registered with the SEC. It is a broad label: a peer group is a starting point for comparing, not proof that two businesses are alike. None of this is advice.