Paychex, Inc. (PAYX) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Paychex, Inc., with annual and quarterly history.
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 20.91x | 34.32x | 25.61x | 24.28x | 32.06x | 33.12x |
| P/B Ratio | 9.84x | 13.78x | 11.39x | 10.83x | 14.47x | 12.33x |
| P/S Ratio | 5.65x | 10.21x | 8.20x | 7.55x | 9.68x | 8.96x |
| Profitability | ||||||
| Gross Margin | 74.3% | 72.4% | 72.0% | 71.0% | 70.6% | 68.7% |
| Operating Margin | 38.6% | 39.6% | 41.2% | 40.6% | 39.9% | 36.0% |
| Net Margin | 27.0% | 29.7% | 32.0% | 31.1% | 30.2% | 27.1% |
| EBITDA Margin | 45.3% | 44.7% | 46.1% | 44.1% | 44.1% | 40.7% |
| Liquidity | ||||||
| Current Ratio | 1.26x | 1.28x | 1.37x | 1.30x | 1.25x | 1.25x |
| Quick Ratio | 1.26x | 1.28x | 1.37x | 1.30x | 1.25x | 1.25x |
| Leverage | ||||||
| Debt/Equity | 1.23x | 1.22x | 0.23x | 0.25x | 0.29x | 0.30x |
YoY = year-over-year change. Source: FMP..