PAYX (PAYX)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$45.03B
EV / Sales6.91
EV / EBITDA14.91
EV / Operating Cash Flow17.61
EV / Free Cash Flow19.39

Return Metrics (TTM)

Return on Equity (ROE)45.13%
Return on Assets (ROA)10.88%
Return on Invested Capital (ROIC)20.49%
Return on Capital Employed (ROCE)26.90%

Yield Metrics

Earnings Yield4.21%
Free Cash Flow Yield5.59%

Balance Sheet Strength

Net Debt / EBITDA1.15
Current Ratio1.26
Working Capital$1.77B
Tangible Asset Value-$2.48B
Net Current Asset Value-$3.83B

Working Capital Efficiency

Days Sales Outstanding123.75
Days Payables Outstanding33.74
Operating Cycle (Days)123.75
Cash Conversion Cycle90.01

Capital Allocation

CapEx / Revenue3.61%
CapEx / Operating Cash Flow9.19%
R&D / Revenue0.00%
SG&A / Revenue35.73%

Fiscal Year 2026 Ratios

Audited annual results as of 2026-05-31

Margins

Gross Profit Margin74.29%
Operating Margin38.55%
Net Profit Margin27.03%

Solvency

Debt / Equity1.23
Quick Ratio1.26
Cash Ratio0.17

Per Share

Revenue / Share$18.14
FCF / Share$6.47
PE Ratio20.91