PAYX
Price:
$129.38
Market Cap:
$46.54B
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementa...[Read more]
Industry
Staffing & Employment Services
IPO Date
1983-08-26
Stock Exchange
NASDAQ
Ticker
PAYX
According to Paychex, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of 7.78% compared to the average of 1.27 of the last 4 quarters.
The mean historical Current Ratio of Paychex, Inc. over the last ten years is 1.20. The current 1.37 Current Ratio has changed 11.28% with respect to the historical average. Over the past ten years (40 quarters), PAYX's Current Ratio was at its highest in in the May 2024 quarter at 1.37. The Current Ratio was at its lowest in in the November 2017 quarter at 1.09.
Average
1.20
Median
1.20
Minimum
1.09
Maximum
1.37
Discovering the peaks and valleys of Paychex, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 7.18%
Maximum Annual Current Ratio = 1.37
Minimum Annual Increase = -2.03%
Minimum Annual Current Ratio = 1.09
Year | Current Ratio | Change |
---|---|---|
2024 | 1.37 | 5.33% |
2023 | 1.30 | 3.82% |
2022 | 1.25 | -0.02% |
2021 | 1.25 | 1.21% |
2020 | 1.23 | 5.36% |
2019 | 1.17 | 7.18% |
2018 | 1.09 | -2.03% |
2017 | 1.12 | 0.16% |
2016 | 1.11 | -0.17% |
2015 | 1.12 | -1.15% |
The current Current Ratio of Paychex, Inc. (PAYX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.30
5-year avg
1.28
10-year avg
1.20
Paychex, Inc.’s Current Ratio is less than Robert Half International Inc. (1.74), greater than ManpowerGroup Inc. (1.14), less than Upwork Inc. (3.00), greater than Insperity, Inc. (1.17), less than Korn Ferry (2.15), less than Kforce Inc. (2.33), less than Kelly Services, Inc. (1.61), less than Heidrick & Struggles International, Inc. (1.84), less than BGSF, Inc. (2.02), less than Hudson Global, Inc. (3.30), less than TrueBlue, Inc. (1.90),
Company | Current Ratio | Market cap |
---|---|---|
1.74 | $6.32B | |
1.14 | $3.30B | |
3.00 | $1.26B | |
1.17 | $3.26B | |
2.15 | $3.51B | |
2.33 | $1.21B | |
1.61 | $711.56M | |
1.84 | $729.60M | |
2.02 | $85.57M | |
3.30 | $43.91M | |
1.90 | $220.72M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Paychex, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Paychex, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Paychex, Inc.'s Current Ratio?
How is the Current Ratio calculated for Paychex, Inc. (PAYX)?
What is the highest Current Ratio for Paychex, Inc. (PAYX)?
What is the 3-year average Current Ratio for Paychex, Inc. (PAYX)?
What is the 5-year average Current Ratio for Paychex, Inc. (PAYX)?
How does the current Current Ratio for Paychex, Inc. (PAYX) compare to its historical average?