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Discontinued — last reported Q4 '26

EBIT at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
$1.38B+5.7%
Barrett Business Services logo
Barrett Business ServicesBBSI
-$6.47M-55.0%
Insperity logo
InsperityNSP
$62M-8.8%
Paycom Software logo
Paycom SoftwarePAYC
$210.2M+13.6%
Paylocity logo
PaylocityPCTY
$156.98M+23.6%
Workday, Inc. logo
Workday, Inc.WDAY

Other financials

Income statement

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Revenue$1.6B+12.5%
Gross profit$1.2B+15.0%
Operating income$604.7M+40.3%
Net income$420.6M+41.5%
EPS (diluted)$1.18+43.9%

Balance sheet

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Cash & equivalents$1.1B-33.2%
Total debt$4.6B-0.3%
Total equity$3.7B-9.5%
Total assets$16.2B-2.4%

Cash flow

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Operating cash flow$580.9M+69.0%
CapEx$65.9M+8.9%
Free cash flow$515.0M+81.8%

Valuation

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Market cap$41.56B-17.3%
Enterprise value$45.1B-15.3%
P/E23.6×-6.7×
P/S6.4×-2.6×

Profitability

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Gross margin74.3%+1.9pp
Operating margin38.6%-1.1pp
Net margin27%-2.7pp
FCF margin35.7%+5.0pp

Returns & leverage

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Return on equity44.8%+3.0pp
Debt / equity1.2×+0.1×
Current ratio1.3×0.0×

Where this comes from

Calculated from Paychex’s reported figures.

The source filing: Paychex’s 10-K, filed July 17, 2026. Open the filing →

Filed
Jul 17, 2026, 4:05 PM EDT
Fiscal year
FY2026
Accession
0001193125-26-307785

FAQ

What is Paychex's EBIT?
Paychex (PAYX) reported EBIT of $604.7M in Q1 2026.
How has Paychex's EBIT changed year-over-year?
Paychex's EBIT increased by 40.3% year-over-year, from $431.1M to $604.7M.
What is the long-term trend for Paychex's EBIT?
Over 4 years (2022 to 2026), Paychex's EBIT has grown at a 8.1% compound annual growth rate (CAGR), from $1.84B to $2.51B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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