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Discontinued — last reported Q4 '26

EBITDA at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
$2.01B+8.8%
Barrett Business Services logo
Barrett Business ServicesBBSI
-$4.3M-94.0%
Insperity logo
InsperityNSP
$73M-7.6%
Paycom Software logo
Paycom SoftwarePAYC
$261.3M+16.1%
Paylocity logo
PaylocityPCTY
$184.28M+20.4%
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.

$604.7Mebit+
$113.2MDepreciation Depletion & Amortization
=$717.9M

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 EBITDA?
Paychex (PAYX) reported EBITDA of $717.9M in Q1 2026.
How has Paychex's EBITDA changed year-over-year?
Paychex's EBITDA increased by 38.9% year-over-year, from $516.8M to $717.9M.
What is the long-term trend for Paychex's EBITDA?
Over 4 years (2022 to 2026), Paychex's EBITDA has grown at a 9.8% compound annual growth rate (CAGR), from $2.03B to $2.95B.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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