Paychex Overview

  • Founded
  • 1971
Founded
  • Status
  • Public
  • Employees
  • 15,800
Employees
  • Stock Symbol
  • PAYX
Stock Symbol
  • Investments
  • 18
  • Share Price
  • $92.12
  • (As of Friday Closing)

Paychex General Information

Description

Paychex competes in the payroll outsourcing industry. It is the second- largest player in terms of revenue and focuses on providing this service to small and midsize businesses. Paychex was created from the consolidation of 17 payroll processors in 1979 and services about 590,000 clients. The firm has almost 13,000 employees and is based in Rochester, New York.

Contact Information

Website
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Human Capital Services
Stock Exchange
NAS
Primary Office
  • 911 Panorama Trail South
  • Rochester, NY 14625
  • United States
+1 (585) 000-0000
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Paychex Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$92.12 $89.31 $47.87 - $99.95 $33.2B 361M 1.82M $2.96

Paychex Financials Summary

In Thousands,
USD
TTM 30-Nov-2020 FY 2020 31-May-2020 FY 2019 31-May-2019 FY 2018 31-May-2018
EV 33,519,255 26,027,152 30,953,905 23,197,779
Revenue 3,973,700 4,040,500 3,772,500 3,377,700
EBITDA 1,612,300 1,673,300 1,553,800 1,430,100
Net Income 1,059,200 1,098,100 1,034,400 994,100
Total Assets 8,615,400 8,550,700 8,676,000 7,915,400
Total Debt 896,100 898,800 809,400 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Paychex Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Paychex Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Paychex competes in the payroll outsourcing industry. It is the second- largest player in terms of revenue and focuses o
Human Capital Services
Rochester, NY
15,800 As of 2020
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00000 0000000 00000000
Roseland, NJ
00000 As of 0000
000
00000000000 000

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000000000 00000000
Schaumburg, IL
0000 As of 0000
00000
0.000 0000-00-00
00000000 00000
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Paychex Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Automatic Data Processing Corporation Roseland, NJ 00000 000 00000000000 000
000000000 Formerly VC-backed Schaumburg, IL 0000 00000 00000000 00000
000000 00000 Formerly PE-Backed Dublin, CA 0000 00000 00000000000 00000
0000000 0000000 Corporation Toronto, Canada 0000 00000000
000000 Private Equity-Backed Guildford, United Kingdom 000 000000000000
You’re viewing 5 of 13 competitors. Get the full list »

Paychex Executive Team (46)

Name Title Board Seat Contact Info
Martin Mucci Chief Executive Officer & Board Member
Efrain Rivera JD Chief Financial Officer, Finance & Senior Vice President
Cory Janick Principal Technology Strategist
Pierce Brehm HCM Consultant- Private Equity Channel Southeast
Laura White Senior Sales Consultant
You’re viewing 5 of 46 executive team members. Get the full list »

Paychex Board Members (7)

Name Representing Role Since
0. 00000000 Self Chairman & Board Member 000 0000
000000 00000 Self Board Member 000 0000
000000 00000 Self Board Member 000 0000
000000 00000 Self Board Member 000 0000
000000 00000 Paychex Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Paychex Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Paychex Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000000000 20-Dec-2018 000000000000000000 00.00 Human Capital Services 000000 00000
000000 00000 28-Feb-2018 000000000000000000 00000 Systems and Information Management 000000 00000
00 00000000000 18-Aug-2017 000000000000000000 000.00 Human Capital Services 000000 00000
0000000 00000000 22-Dec-2015 000000000000000000 00000 Consulting Services (B2B) 000000 00000
UPD Holding 17-Jun-2014 Merger/Acquisition Beverages 000000 00000
You’re viewing 5 of 18 investments and acquisitions. Get the full list »

Paychex Subsidiaries (10)

Company Name Industry Location Founded
ExpenseWire Financial Software Wooster, OH 2005
00 00000000000 Human Capital Services Lawrenceville, GA 0000
00000000000 Financial Software Glenview, IL 0000
0000000 0000000 00 Business/Productivity Software San Diego, CA 0000
00000 00000000 000 Office Services (B2B) Denver, CO 0000
You’re viewing 5 of 10 subsidiaries. Get the full list »

Paychex Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
000 000000000000 11-Apr-2014 000000000000000000 Completed
  • 0000000
Stromberg 13-Apr-2004 Merger/Acquisition Completed
To view Paychex’s complete exits history, request access »