Paychex (PCX) Ratios
Paychex Ratios
DE:PCX's free cash flow for Q1 2027 was $357.40M. For the 2027 fiscal year, DE:PCX's free cash flow was decreased by $-56.10M and operating cash flow was $413.50M. See a summary of the company’s cash flow.
| Ratios | May 26 | May 25 | May 24 | May 23 | May 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.26 | 1.28 | 1.37 | 1.30 | 1.25 |
| Quick Ratio | 1.26 | 1.28 | 1.37 | 1.30 | 1.25 |
| Cash Ratio | 0.17 | 0.23 | 0.28 | 0.21 | 0.07 |
| Solvency Ratio | 0.18 | 0.15 | 0.28 | 0.25 | 0.24 |
| Operating Cash Flow Ratio | 0.37 | 0.28 | 0.36 | 0.29 | 0.29 |
| Short-Term Operating Cash Flow Coverage | 116.21 | 4.66 | 101.48 | 166.61 | 173.05 |
| Net Current Asset Value | $ -3.83B | $ -3.52B | $ 669.40M | $ 474.90M | $ 31.60M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.29 | 0.30 | 0.08 | 0.08 | 0.09 |
| Debt-to-Equity Ratio | 1.24 | 1.22 | 0.23 | 0.25 | 0.29 |
| Debt-to-Capital Ratio | 0.55 | 0.55 | 0.19 | 0.20 | 0.22 |
| Long-Term Debt-to-Capital Ratio | 0.55 | 0.52 | 0.17 | 0.19 | 0.21 |
| Financial Leverage Ratio | 4.33 | 4.01 | 2.73 | 3.02 | 3.12 |
| Debt Service Coverage Ratio | 8.45 | 3.77 | 34.00 | 36.65 | 35.32 |
| Interest Coverage Ratio | 9.32 | 20.95 | 58.29 | 55.40 | 50.27 |
| Debt to Market Cap | 0.12 | 0.09 | 0.02 | 0.02 | 0.02 |
| Interest Debt Per Share | 13.65 | 14.24 | 2.51 | 2.50 | 2.55 |
| Net Debt to EBITDA | 1.16 | 1.36 | -0.25 | -0.16 | 0.25 |
| Profitability Margins | |||||
| Gross Profit Margin | 74.29% | 72.35% | 71.97% | 70.98% | 70.59% |
| EBIT Margin | 39.51% | 40.94% | 42.73% | 40.60% | 39.90% |
| EBITDA Margin | 46.30% | 44.70% | 46.07% | 44.13% | 44.06% |
| Operating Profit Margin | 38.55% | 39.62% | 41.19% | 40.60% | 39.90% |
| Pretax Profit Margin | 35.49% | 39.05% | 42.02% | 40.91% | 39.56% |
| Net Profit Margin | 27.03% | 29.74% | 32.03% | 31.10% | 30.20% |
| Continuous Operations Profit Margin | 27.03% | 29.74% | 32.03% | 31.10% | 30.20% |
| Net Income Per EBT | 76.17% | 76.17% | 76.21% | 76.03% | 76.33% |
| EBT Per EBIT | 92.05% | 98.56% | 102.02% | 100.74% | 99.16% |
| Return on Assets (ROA) | 10.88% | 10.01% | 16.28% | 14.77% | 14.46% |
| Return on Equity (ROE) | 47.12% | 40.15% | 44.47% | 44.58% | 45.14% |
| Return on Capital Employed (ROCE) | 26.90% | 22.98% | 42.85% | 42.88% | 42.14% |
| Return on Invested Capital (ROIC) | 20.44% | 16.77% | 32.54% | 32.54% | 32.11% |
| Return on Tangible Assets | 17.67% | 16.40% | 20.35% | 18.27% | 18.38% |
| Earnings Yield | 4.79% | 2.91% | 3.90% | 4.12% | 3.12% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.95 | 2.82 | 3.25 | 3.51 | 3.50 |
| Payables Turnover | 10.82 | 11.87 | 14.18 | 17.15 | 12.83 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 9.98 | 9.68 | 11.51 | 10.94 | 9.61 |
| Asset Turnover | 0.40 | 0.34 | 0.51 | 0.47 | 0.48 |
| Working Capital Turnover Ratio | 3.49 | 2.86 | 2.88 | 3.30 | 3.63 |
| Cash Conversion Cycle | 90.01 | 98.63 | 86.66 | 82.69 | 75.89 |
| Days of Sales Outstanding | 123.75 | 129.38 | 112.39 | 103.96 | 104.33 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 33.74 | 30.76 | 25.73 | 21.28 | 28.45 |
| Operating Cycle | 123.75 | 129.38 | 112.39 | 103.96 | 104.33 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 7.12 | 5.42 | 5.27 | 4.72 | 4.17 |
| Free Cash Flow Per Share | 6.47 | 4.88 | 4.82 | 4.32 | 3.81 |
| Dividend Paid and CapEx Coverage Ratio | 1.40 | 1.19 | 1.29 | 1.29 | 1.33 |
| Capital Expenditure Coverage Ratio | 10.88 | 10.17 | 11.76 | 11.88 | 11.35 |
| Operating Cash Flow Coverage Ratio | 0.55 | 0.39 | 2.19 | 1.96 | 1.71 |
| Operating Cash Flow to Sales Ratio | 0.39 | 0.35 | 0.36 | 0.34 | 0.33 |
| Free Cash Flow Yield | 6.32% | 3.09% | 4.01% | 4.12% | 3.07% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 20.91 | 34.33 | 25.61 | 24.28 | 32.06 |
| Price-to-Sales (P/S) Ratio | 5.65 | 10.21 | 8.20 | 7.55 | 9.68 |
| Price-to-Book (P/B) Ratio | 9.84 | 13.78 | 11.39 | 10.83 | 14.47 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.84 | 32.33 | 24.93 | 24.30 | 32.52 |
| Price-to-Operating Cash Flow Ratio | 14.38 | 29.15 | 22.81 | 22.25 | 29.66 |
| Price-to-Earnings Growth (PEG) Ratio | 3.21 | -17.89 | 2.99 | 2.04 | 1.21 |
| Enterprise Value Multiple | 13.35 | 24.20 | 17.56 | 16.95 | 22.23 |
| Enterprise Value | 40.26B | 60.27B | 42.69B | 37.46B | 45.16B |
| EV to EBITDA | 13.35 | 24.20 | 17.56 | 16.95 | 22.23 |
| EV to Sales | 6.18 | 10.82 | 8.09 | 7.48 | 9.79 |
| EV to Free Cash Flow | 17.34 | 34.26 | 24.59 | 24.07 | 32.90 |
| EV to Operating Cash Flow | 15.74 | 30.89 | 22.50 | 22.04 | 30.00 |
| Tangible Book Value Per Share | -6.90 | -6.48 | 4.78 | 4.08 | 2.85 |
| Shareholders’ Equity Per Share | 10.41 | 11.46 | 10.55 | 9.69 | 8.56 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 |
| Revenue Per Share | 18.14 | 15.47 | 14.65 | 13.89 | 12.79 |
| Net Income Per Share | 4.90 | 4.60 | 4.69 | 4.32 | 3.86 |
| Tax Burden | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 |
| Interest Burden | 0.90 | 0.95 | 0.98 | 1.01 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.36 | 0.33 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.45 | 1.18 | 1.12 | 1.09 | 1.08 |
Currency in USD