PAYC vs PAYX vs BZ Stock Comparison

Paycom Software, Paychex and Kanzhun Prices as of Oct 29, 2026 Peers: Industry group
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PAYC Paycom Software, Inc.
$260.65 +19.3% 1M +39.8% 1Y
Market cap
$12.06B
P/E
24.7x
Revenue (TTM)
$2.14B
Div. yield
–
HR Software Technology
3 wins
PAYX Paychex Inc
$109.37 +10.1% 1M -6.8% 1Y
Market cap
$40.00B
P/E
22.1x
Revenue (TTM)
$6.60B
Div. yield
0.04%
HR Software Technology
3 wins
BZ Kanzhun Ltd
$16.28 +14.9% 1M -27.6% 1Y
Market cap
$7.52B
P/E
11.3x
Revenue (TTM)
$1.25B
Div. yield
–
HR Software Technology
5 wins

Head to Head

11 decided of 12

Kanzhun leads on 5 of the 12 questions below (Kanzhun 5, Paychex 3, Paycom Software 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAYCPAYXBZLeader
Larger companyMarket capitalisation $12.06B $40.00B $7.52B PAYX
Cheaper on earningsLower P/E, profitable companies only 24.7x 22.1x 11.3x BZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.2x 17.4x 12.1x BZ
Faster revenue growthRevenue growth, trailing twelve months +9.2% +14.0% +51.0% BZ
More profitableNet margin, trailing twelve months 22.8% 27.4% 53.2% BZ
Better return on capitalReturn on invested capital 31.3% 23.7% — PAYC
Less leveragedLower net debt / EBITDA 0.8x 1.2x — PAYC
Higher dividend yieldTrailing dividend yield 0.00% 0.04% 0.00% –
Better 1-year returnPrice return, last 12 months +39.8% -6.8% -27.6% PAYC
Better 5-year returnAnnualised price return, 5 years -13.8%/yr -2.4%/yr -14.3%/yr PAYX
Less volatileAnnualised volatility, 1 year 46.9% 30.9% 39.6% PAYX
Higher overall scoreMean of the five percentile scores vs peers 62/100 57/100 87/100 BZ

Percentile Scorecard

PAYCPAYXBZ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPAYCPAYXBZ
Valuation 54 #47 of 101 48 #53 of 101 91 #10 of 101
Growth 57 #42 of 97 33 #65 of 97 96 #5 of 97
Profitability 98 #3 of 93 97 #4 of 93 95 #6 of 93
Financial Health 39 #66 of 108 40 #65 of 108 96 #5 of 108
Shareholder Returns 61 #25 of 63 66 #22 of 63 60 #26 of 63
Overall 62 57 87
  • PAYC ranked among 114 companies in Business Applications
  • PAYX ranked among 114 companies in Business Applications
  • BZ ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPAYCPAYXBZSPY
1 month +19.3%+10.1%+14.9% +0.7%
3 months +61.4%-6.0%-0.7% +3.7%
6 months +105.6%+18.1%+20.4% +7.1%
Year to date +63.6%-2.5%-20.1% +12.8%
1 year +39.8%-6.8%-27.6% +11.9%
3 years +8.6%-1.1%+7.2% +85.2%
3 years, per year +2.8%-0.4%+2.3% +22.8%
5 years -52.4%-11.3%-53.6% +67.6%
5 years, per year -13.8%-2.4%-14.3% +10.9%
10 years +404.7%+98.7%— +262.0%
10 years, per year +17.6%+7.1%— +13.7%

Risk

MeasurePAYCPAYXBZSPY
Volatility, 1Y 46.9%30.9%39.6% 12.7%
Downside volatility, 1Y 42.1%32.2%38.7% 12.6%
Beta vs S&P 500, 1Y 0.07-0.050.65 1.00
Return / volatility, 1Y 0.85-0.22-0.70 0.94
Max drawdown, 5Y -79.5%-46.4%-73.6% -25.4%
From 52-week high -5.1%-14.1%-28.0% -1.2%
52-week high $274.60$127.34$22.60 $779.14
52-week low $113.59$85.57$12.65 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePAYCPAYXBZ
P/E now vs peer median 24.5xmedian 28.0x 21.5xmedian 28.0x 11.0xmedian 28.0x
P/S now vs peer median 5.4xmedian 2.8x 5.9xmedian 2.8x 6.0xmedian 2.8x
EV/EBITDA now vs peer median 14.5xmedian 16.9x 13.1xmedian 16.9x —median 16.9x
P/FCF now vs peer median 20.1xmedian 15.9x 19.6xmedian 15.9x 11.4xmedian 15.9x
P/B now vs peer median 20.2xmedian 3.2x 10.5xmedian 3.2x 2.4xmedian 3.2x
PEG now vs peer median 0.98median 0.89 4.51median 0.89 0.08median 0.89

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPAYCPAYXBZ
Revenue $2.14B $6.60B $1.25B
Gross profit $1.79B $4.91B $1.21B
Operating income $648.40M $2.59B $412.25M
Net income $487.60M $1.81B $657.32M
Free cash flow $575.10M $1.98B $665.92M
R&D $258.90M – $58.24M
EPS (diluted) $10.62 $5.06 $1.44
Cash & equivalents $198.00M $600.90M $380.29M
Total debt $900.00M $4.56B –
Shares (diluted) 45.91M 356.60M 463.50M
Enterprise value $10.96B $35.08B -$797.92M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPAYCPAYXBZ
P/E 24.5x 21.5x 11.0x
P/FCF 20.1x 19.6x 11.4x
P/Operating cash flow 14.4x 17.3x 11.4x
P/S 5.4x 5.9x 6.0x
P/B 20.2x 10.5x 2.4x
P/Tangible book 21.3x 18.7x 2.5x
EV/EBITDA 14.5x 13.1x –
EV/EBIT 18.9x 16.6x 12.8x
EV/Revenue 5.7x 6.5x 4.2x
EV/FCF 21.3x 21.6x 7.9x
EV/Operating cash flow 15.3x 19.0x 7.9x
PEG (3Y EPS CAGR) 0.98 4.51 0.08

Growth

14 metrics
MetricPAYCPAYXBZ
Revenue growth (1Y) 9.2% 14.0% 51.0%
Revenue CAGR (3Y) 11.2% 9.1% 20.9%
Gross profit growth (1Y) 10.9% 16.4% 21.2%
Gross profit CAGR (3Y) 11.0% 10.7% 22.9%
Operating income growth (1Y) 17.7% 17.5% 64.4%
Operating income CAGR (3Y) 14.9% 7.7% 236.9%
Net income growth (1Y) 17.3% 11.9% 121.6%
Net income CAGR (3Y) 15.6% 4.2% 132.3%
EPS growth (1Y) 44.3% 13.6% 118.2%
EPS CAGR (3Y) 25.0% 4.8% 131.7%
Operating cash flow growth (1Y) 43.6% 8.6% 25.2%
Operating cash flow CAGR (3Y) 21.4% 3.4% 37.2%
Free cash flow growth (1Y) 60.1% 8.4% 24.1%
Free cash flow CAGR (3Y) 24.3% 1.9% 41.7%

Profitability

14 metrics
MetricPAYCPAYXBZ
Gross margin 83.7% 74.4% 96.5%
EBITDA margin 39.5% 49.8% –
Operating margin 30.3% 39.2% 32.9%
Pretax margin 32.0% 36.0% 66.1%
Net margin 22.8% 27.4% 53.2%
FCF margin 26.9% 30.0% 53.1%
Operating cash flow margin 37.4% 34.1% 53.1%
Return on equity 70.5% 48.5% 21.6%
Return on assets 9.7% 11.3% 17.1%
Return on invested capital 31.3% 23.7% –
Return on capital employed 36.7% 27.0% 13.4%
Asset turnover 0.4x 0.4x 0.3x
Cash conversion (OCF / net income) 1.6x 1.2x 1.0x
Stock comp / revenue 4.2% 1.3% –

Financial Health

11 metrics
MetricPAYCPAYXBZ
Debt / assets 17.3% 29.1% –
Debt / equity 1.6x 1.2x –
Net debt / EBITDA 0.8x 1.2x –
Debt / FCF 1.6x 2.3x –
Liabilities / assets 89.0% 76.3% 21.7%
Equity / assets 11.0% 23.7% 78.3%
Interest coverage 39.8x 9.7x –
Current ratio 1.1x 1.3x 4.2x
Quick ratio 0.1x 0.5x 3.1x
Cash ratio 0.1x 0.1x 3.0x
Altman Z-score 3.04 3.22 –

Shareholder Returns

7 metrics
MetricPAYCPAYXBZ
Dividend yield 0.6% 5.2% 3.1%
Net buyback yield 12.9% 1.2% –
Shareholder yield 13.5% 6.4% 3.1%
Payout ratio (earnings) – 90.0% –
Payout ratio (FCF) – 82.0% –
Dividend growth (1Y) – 9.5% –
Dividend CAGR (3Y) – 10.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPAYCPAYXBZ
Forward P/E 22.2xFY2026 17.4xFY2026 12.1xFY2026
EPS, next fiscal year $11.74FY2026 $6.28FY2026 $1.34FY2026
EPS growth, next FY +27.1%FY2026 +14.0%FY2026 +18.6%FY2026
EPS growth, the year after +14.6% -1.6% +3.0%
Revenue, next fiscal year $2.08BFY2026 $6.60BFY2026 $1.42BFY2026
Revenue growth, next FY +1.5%FY2026 +1.4%FY2026 +20.7%FY2026
Revenue growth, the year after +11.2% +12.2% +7.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAYCPAYXBZ
Held by institutions 90.3% 82.5% 66.1%
Institutions holding 595 1,530 254
Change in shares held, QoQ -8.5% +3.4% -1.6%
Institutions buying 295 787 129
Institutions selling 222 531 94
Buyers to sellers 1.33 1.48 1.37

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PAYCPAYXBZ
PAYC 1.00 0.67 0.07
PAYX 0.67 1.00 0.12
BZ 0.07 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAYC, PAYX and BZ?

Paychex (PAYX) is the largest by market capitalisation: Paycom Software (PAYC) $12.06B, Paychex (PAYX) $40.00B, Kanzhun (BZ) $7.52B.

Which stock is cheaper, PAYC, PAYX and BZ?

Kanzhun (BZ) trades on the lowest price-to-earnings ratio (Paycom Software (PAYC) 24.7x, Paychex (PAYX) 22.1x, Kanzhun (BZ) 11.3x). On next year's consensus earnings, Kanzhun (BZ) is cheapest (Paycom Software (PAYC) 22.2x, Paychex (PAYX) 17.4x, Kanzhun (BZ) 12.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kanzhun (BZ) grew revenue fastest over the trailing twelve months: Paycom Software (PAYC) +9.2%, Paychex (PAYX) +14.0%, Kanzhun (BZ) +51.0%.

Which company is more profitable?

Kanzhun (BZ) has the highest net margin (Paycom Software (PAYC) 22.8%, Paychex (PAYX) 27.4%, Kanzhun (BZ) 53.2%). On return on invested capital, Paycom Software (PAYC) leads (Paycom Software (PAYC) 31.3%, Paychex (PAYX) 23.7%).

Which stock has performed better?

Over the past year Paycom Software (PAYC) returned the most: Paycom Software (PAYC) +39.8%, Paychex (PAYX) -6.8%, Kanzhun (BZ) -27.6%. Over five years, Paychex (PAYX) compounded fastest (Paycom Software (PAYC) -13.8%/yr, Paychex (PAYX) -2.4%/yr, Kanzhun (BZ) -14.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Paycom Software (PAYC) 0.00%, Paychex (PAYX) 0.04%, Kanzhun (BZ) 0.00%. Paycom Software (PAYC) and Kanzhun (BZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Paychex (PAYX) has been the steadiest (Paycom Software (PAYC) 46.9%, Paychex (PAYX) 30.9%, Kanzhun (BZ) 39.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PAYC, PAYX and BZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kanzhun (BZ) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.