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Valuation Estimation |
EPS (Current/Estimated)
4.81/5.45
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Enterprise Value
55.33B
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Balance Sheet |
Book Value Per Share
11.43
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Cash Flow |
Cash Flow Yield
0.03
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Income Statement |
Total Revenue
734.70M
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Operating Revenue Per Share
14.12
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Industry Comparison
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Business Description
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Paychex is a technology company providing human capital management solutions, enabling clients to better implement payroll, talent, time, tax, and benefits administration. It has a diverse set of product offerings addressing client needs. Aside from its traditional cloud-based payroll and HCM software offering, which accounts for close to half of total revenue, the company provides outsourcing options. Paychex's administrative service organization and professional employer organization accounts generate over 40% of sales. The balance of revenue is generated through retirement services, insurance solutions, and other products. In fiscal 2024, the company had 745,000 clients and over 2.3 million worksite employees across its ASO and PEO. |