Paychex, Inc.

Paychex, Inc.verified

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

The ROE as of September 2024 (TTM) for Paychex, Inc. (PAYX) is 46.12%

According to Paychex, Inc.’s latest financial reports and current stock price. The company's current ROE is 46.12%. This represents a change of 299.95% compared to the average of 11.53% of the last 4 quarters.

Paychex, Inc. (PAYX) Historical ROE (quarterly & annually)

How has PAYX ROE performed in the past?

The mean historical ROE of Paychex, Inc. over the last ten years is 41.57%. The current 46.12% ROE has changed 10.95% with respect to the historical average. Over the past ten years (40 quarters), PAYX's ROE was at its highest in in the February 2023 quarter at 13.74%. The ROE was at its lowest in in the August 2020 quarter at 7.62%.

Quarterly (TTM)
Annual

Average

41.57%

Median

40.69%

Minimum

37.23%

Maximum

46.12%

Paychex, Inc. (PAYX) ROE by Quarter and Year

Discovering the peaks and valleys of Paychex, Inc. ROE, 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 = 21.26%

Maximum Annual ROE = 46.12%

Minimum Annual Increase = -14.38%

Minimum Annual ROE = 37.23%

Quarterly (TTM)
Annual
YearROEChange
202444.47%-0.24%
202344.58%-1.25%
202245.14%21.26%
202137.23%-5.70%
202039.48%-0.02%
201939.49%-14.38%
201846.12%10.34%
201741.80%5.59%
201639.59%4.73%
201537.80%7.04%

Paychex, Inc. (PAYX) Average ROE

How has PAYX ROE performed in the past?

The current ROE of Paychex, Inc. (PAYX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

44.73%

5-year avg

42.18%

10-year avg

41.57%

Paychex, Inc. (PAYX) ROE vs. Peers

How is PAYX’s ROE compared to its peers?

Paychex, Inc.’s ROE is less than Robert Half International Inc. (20.41%), less than ManpowerGroup Inc. (2.04%), less than Upwork Inc. (20.75%), less than Insperity, Inc. (140.29%), less than Korn Ferry (10.76%), less than Kforce Inc. (30.75%), less than Kelly Services, Inc. (3.84%), less than Heidrick & Struggles International, Inc. (8.46%), less than BGSF, Inc. (2.47%), greater than Hudson Global, Inc. (-4.55%), greater than TrueBlue, Inc. (-25.66%),

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