Paychex Inc. is a leading provider of payroll and human resource services for small and medium-sized businesses. The company's business model revolves around offering comprehensive solutions to help businesses manage their payroll, benefits, HR administration, and other related functions efficiently. Paychex Inc. helps businesses streamline their processes, ensuring accurate payroll processing, tax compliance, and timely payment to employees. With its scalable solutions and personalized customer service, Paychex Inc. provides businesses with peace of mind, allowing them to focus on their core operations while leaving the payroll and HR tasks in reliable hands.

Paychex Inc is primarily active in the field of human resource solutions. With its diverse range of services, Paychex caters to various industries including small and medium-sized businesses, healthcare, retail, hospitality, manufacturing, construction, technology, and professional services. By providing comprehensive payroll processing, HR management, retirement services, insurance, and time and attendance solutions, Paychex assists businesses across these industries in streamlining their operations and enhancing their overall efficiency.

The main competitors of Paychex Inc in the market include Automatic Data Processing (ADP), Intuit Inc, and Paylocity Holding Corporation.

Paychex Inc is a leading provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses. Founded in 1971 by B. Thomas Golisano, Paychex began as a small business with just three employees. Over the years, the company expanded its services and grew into a trusted partner for businesses across the United States. Today, Paychex serves over 650,000 clients, offering a comprehensive suite of services including payroll processing, time and attendance tracking, employee benefits administration, and more. With a strong commitment to innovation and customer satisfaction, Paychex has established itself as a reliable and reputable player in the industry.

Paychex Inc, a leading provider of payroll, human resource, and benefits outsourcing solutions, has achieved several significant milestones. It has consistently been recognized as one of the top human resource outsourcing companies, serving over 670,000 clients nationwide. Paychex Inc has been listed on the NASDAQ stock exchange since its initial public offering in 1983. The company has expanded its services to include advanced technology platforms, helping businesses streamline their operations effectively. Paychex Inc has also been acknowledged for its commitment to customer satisfaction, earning a reputation as a reliable payroll partner for businesses of all sizes.

Paychex Inc is primarily present in the United States. With its headquarters in Rochester, New York, the company caters to businesses across the country. As a leading provider of payroll, human resources, and benefits outsourcing solutions, Paychex serves small to medium-sized businesses in all 50 states. Paychex's extensive network includes regional offices and service centers strategically located throughout the United States, allowing them to deliver their comprehensive services to clients nationwide. With their localized presence, Paychex ensures businesses across multiple industries can efficiently manage their payroll and HR needs with their reliable and tailored solutions.

Paychex Inc represents values of integrity, innovation, and commitment to client success. With a corporate philosophy centered around providing trusted and reliable payroll, human resources, and benefits outsourcing solutions, Paychex aims to simplify and streamline businesses' administrative tasks. Their dedication to excellent customer service, cutting-edge technology, and regulatory compliance has earned them a strong reputation in the industry. Paychex Inc is committed to helping businesses thrive by offering comprehensive solutions tailored to their specific needs.

Analysts currently set an average price target of 123.90 USD for the Paychex stock (median: 124.21 USD), implying +12.0 % versus the latest price. The consensus is based on 23 analyst ratings.

Paychex Analyst Price Targets 2026

23 analysts currently rate the Paychex stock: 1 recommend buying, 16 holding and 6 selling.

Paychex Analyst Price Targets 2026

Converted at the current exchange rate, the Paychex share trades at 97.27 EUR (110.66 USD).

The Paychex share (PAYX) is listed on 10 stock exchanges, including: NASDAQ (PAYX), XETRA (PCX.DE), Frankfurt (PCX.F), München (PCX.MU), Düsseldorf (PCX.DU), Hamburg (PCX.HM), London (0KGE.L), London (0KGE.L).

Paychex Inc. is a leading American provider of outsourcing solutions for the human resource management of small and medium-sized businesses. The company was founded in 1971 and is headquartered in Rochester, New York. Paychex is listed on the NASDAQ stock exchange and employs over 15,000 employees worldwide. The business model of Paychex includes various divisions, including payroll processing, human resources (HR), time and attendance, insurance services, retirement services, and accounting software. Payroll processing is the core business of Paychex. The company offers its customers fully automated salary processing and payments. This includes hours tracking, wage and salary calculation, tax and social security contributions deposit, and report generation. Paychex's human resources division provides a wide range of services, including personnel administration, compliance management, employee handbooks, and training. Paychex also supports companies in hiring and firing employees and offers comprehensive compliance solutions that comply with US labor laws. Paychex's time and attendance division offers automated time and attendance solutions to help companies monitor and process the working hours of their employees. This provides companies with better control over their employees' working hours and helps them avoid overtime and underemployment. Paychex's insurance services include various insurance products such as health, life, accident, and liability insurance. The company collaborates with various insurance providers to offer its customers a wide range of insurance solutions. Paychex Retirement Services offers companies a wide range of pension and retirement services, including management of 401(k) plans, individual retirement account (IRA) plans, and pension plans. Paychex collaborates with over 70 different investment funds to offer its customers a wide range of investment options. Finally, the company offers accounting software specifically designed for small and medium-sized businesses. These software applications include modules for managing accounting, invoicing, accounts payable, payments, as well as generating reports and analyzing business data. Paychex's business model is based on providing outsourcing solutions that help small and medium-sized businesses automate and optimize their administrative processes. By offering a wide range of services and products, the company can provide its customers with a comprehensive range of HR solutions. This allows customers to focus on their core competencies and save them time and money.

The revenue of Paychex is 6.51 B USD. This figure is based on current financial data and reflects the company's business performance.

The profit of Paychex is 1.76 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Paychex is currently 22.52. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Paychex stock.

The price-to-sales ratio (P/S) of Paychex is currently 6.09. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Paychex stock.

The Eulerpool Quality Score for Paychex is 7/10.

The ISIN of Paychex is US7043261079. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Paychex is 868284. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Paychex is PAYX. The ticker symbol is used to trade Paychex shares on the stock exchange.

Over the past 12 months, Paychex paid a dividend of 4.43 USD . This corresponds to a dividend yield of about 4.00 %. For the coming 12 months, Paychex is expected to pay a dividend of 4.96 USD.

The current dividend yield of Paychex is 4.00 %.

Paychex pays a dividend, distributed in the months of , , , .

Paychex paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 4.96 USD are expected. This corresponds to a dividend yield of 4.48 %.

Paychex is assigned to the 'Information technology' sector.

To receive the latest dividend of Paychex from amounting to 1.19 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Paychex distributed 4.02 USD as dividends.

The dividends of Paychex are distributed in USD.