Paychex, Inc
Paychex, Inc. provides integrated human capital management solutions for payroll, benefits, human resource (HR), retirement, and insurance services for small- to medium-sized businesses in the United States and Europe. The company offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides HR outsourcing services, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, recruiting, and onboarding solutions; various accounting and financial services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and various services, such as payment processing services, financial fitness programs, and a small-business loan resource center. Further, it provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life; and state unemployment insurance services, which allows clients with prompt processing for all claims, appeals, determinations, change statements, and requests for separation documents. The company markets its products and services through direct sales force. Paychex, Inc. was founded in 1979 and is headquartered in Rochester, New York. Show More...
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Website http://www.paychex.com
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Sector Industrials
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Industry Staffing & Employment Services
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Last Quote 157.91 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-05 2011-05 2012-05 2013-05 2014-05 2015-05 2016-05 2017-05 2018-05 2019-05 TTM Earnings Per Share USD 1.32 1.42 1.51 1.56 1.71 1.85 2.09 2.28 2.75 2.86 3.07 Dividends USD 1.24 1.24 1.27 0.65 1.4 1.52 1.68 1.84 2.06 2.3 2.48 Payout Ratio % * 87.3 84.1 62.1 63.6 82.3 80.4 81.8 78.7 84.5 80.8 Shares Mil 361.0 362.0 363.0 364.0 366.0 365.0 363.0 363.0 362.0 362.0 361.0 Book Value Per Share * USD 4.13 4.42 4.39 4.93 5.18 5.2 5.28 5.7 7.23 7.69 Free Cash Flow Per Share * USD 1.7 1.7 1.78 1.88 2.12 2.46 2.49 2.85 3.29 Return on Assets % 9.21 9.7 9.23 9.0 10.01 10.5 11.71 12.31 13.06 12.82 11.17 Financial Leverage (Average) 3.73 3.6 4.04 3.48 3.58 3.63 3.37 3.5 3.69 3.31 3.43 Return on Equity % 34.77 35.56 35.35 33.69 35.35 37.89 40.94 42.27 46.92 44.55 41.35 Return on Invested Capital % 32.15 33.4 35.35 33.69 35.14 37.64 40.68 42.02 46.63 33.28 31.43 Interest Coverage 899.27 498.92 333.33 78.73 38.43 Current Ratio 1.11 1.12 1.07 1.13 1.13 1.12 1.11 1.12 1.09 1.17 1.19 Quick Ratio 0.16 0.17 0.1 0.16 0.17 0.16 0.18 0.18 0.19 0.32 0.32 Debt/Equity 0.3 0.33