PAYX vs ADP vs BZ Stock Comparison

Paychex, Automatic Data Processing and Kanzhun Prices as of Oct 27, 2026 Peers: Industry group
PAYX Paychex Inc
$109.26 +7.8% 1M -12.6% 1Y
Market cap
$38.07B
P/E
21.1x
Revenue (TTM)
$6.60B
Div. yield
0.04%
HR Software Technology
1 win
BZ Kanzhun Ltd
$16.65 +18.0% 1M -25.6% 1Y
Market cap
$7.18B
P/E
10.8x
Revenue (TTM)
$1.25B
Div. yield
–
HR Software Technology
5 wins

Head to Head

11 decided of 12

Automatic Data Processing leads on 5 of the 12 questions below (Automatic Data Processing 5, Kanzhun 5, Paychex 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAYXADPBZLeader
Larger companyMarket capitalisation $38.07B $114.58B $7.18B ADP
Cheaper on earningsLower P/E, profitable companies only 21.1x 26.0x 10.8x BZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.4x 22.8x 12.4x BZ
Faster revenue growthRevenue growth, trailing twelve months +14.0% +6.7% +51.0% BZ
More profitableNet margin, trailing twelve months 27.4% 20.1% 53.2% BZ
Better return on capitalReturn on invested capital 23.7% -46.5% — PAYX
Less leveragedLower net debt / EBITDA 1.2x -0.2x — ADP
Higher dividend yieldTrailing dividend yield 0.04% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -12.6% +4.5% -25.6% ADP
Better 5-year returnAnnualised price return, 5 years -2.4%/yr +5.6%/yr -14.3%/yr ADP
Less volatileAnnualised volatility, 1 year 31.4% 28.5% 39.5% ADP
Higher overall scoreMean of the five percentile scores vs peers 58/100 39/100 87/100 BZ

Percentile Scorecard

PAYXADPBZ

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

AxisPAYXADPBZ
Valuation 48 #53 of 101 32 #69 of 101 90 #11 of 101
Growth 34 #64 of 97 27 #71 of 97 96 #5 of 97
Profitability 97 #4 of 94 54 #44 of 94 95 #6 of 94
Financial Health 40 #65 of 108 36 #70 of 108 96 #5 of 108
Shareholder Returns 68 #21 of 64 48 #34 of 64 59 #27 of 64
Overall 58 39 87
  • PAYX ranked among 114 companies in Business Applications
  • ADP 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

PeriodPAYXADPBZSPY
1 month +7.8%+11.2%+18.0% -0.2%
3 months -8.1%+11.0%+5.2% +3.9%
6 months +20.1%+47.2%+21.4% +8.2%
Year to date -2.6%+13.9%-18.3% +12.9%
1 year -12.6%+4.5%-25.6% +12.3%
3 years -0.3%+36.4%+12.0% +87.4%
3 years, per year -0.1%+10.9%+3.9% +23.3%
5 years -11.4%+31.5%-53.8% +67.9%
5 years, per year -2.4%+5.6%-14.3% +10.9%
10 years +97.8%+238.2%— +261.1%
10 years, per year +7.1%+13.0%— +13.7%

Risk

MeasurePAYXADPBZSPY
Volatility, 1Y 31.4%28.5%39.5% 12.7%
Downside volatility, 1Y 33.0%27.2%38.4% 12.7%
Beta vs S&P 500, 1Y -0.04-0.090.66 1.00
Return / volatility, 1Y -0.400.16-0.65 0.97
Max drawdown, 5Y -46.4%-42.2%-73.6% -25.4%
From 52-week high -14.2%-4.8%-26.3% -1.2%
52-week high $127.34$307.94$22.60 $779.14
52-week low $85.57$188.79$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.

MultiplePAYXADPBZ
P/E now vs peer median 21.5xmedian 28.3x 26.7xmedian 28.3x 11.2xmedian 28.3x
P/S now vs peer median 5.9xmedian 2.8x 5.3xmedian 2.8x 6.2xmedian 2.8x
EV/EBITDA now vs peer median 13.0xmedian 17.3x -25.2xmedian 17.3x —median 17.3x
P/FCF now vs peer median 19.6xmedian 15.8x 22.2xmedian 15.8x 11.6xmedian 15.8x
P/B now vs peer median 10.5xmedian 3.2x 19.3xmedian 3.2x 2.5xmedian 3.2x
PEG now vs peer median 4.50median 0.85 2.65median 0.85 0.09median 0.85

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 monthsPAYXADPBZ
Revenue $6.60B $21.95B $1.25B
Gross profit $4.91B $10.19B $1.21B
Operating income $2.59B -$6.44B $412.25M
Net income $1.81B $4.41B $657.32M
Free cash flow $1.98B $5.24B $665.92M
R&D – $1.03B $58.24M
EPS (diluted) $5.06 $10.94 $1.44
Cash & equivalents $600.90M $4.23B $380.29M
Total debt $4.56B $4.96B –
Shares (diluted) 356.60M 403.30M 463.50M
Enterprise value $33.16B $96.71B -$1.14B

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
MetricPAYXADPBZ
P/E 21.5x 26.7x 11.2x
P/FCF 19.6x 22.2x 11.6x
P/Operating cash flow 17.3x 21.4x 11.6x
P/S 5.9x 5.3x 6.2x
P/B 10.5x 19.3x 2.5x
P/Tangible book 18.7x 26.6x 2.5x
EV/EBITDA 13.0x -25.2x –
EV/EBIT 16.6x -18.2x 13.2x
EV/Revenue 6.5x 5.3x 4.3x
EV/FCF 21.6x 22.4x 8.2x
EV/Operating cash flow 19.0x 21.6x 8.2x
PEG (3Y EPS CAGR) 4.50 2.65 0.09

Growth

14 metrics
MetricPAYXADPBZ
Revenue growth (1Y) 14.0% 6.7% 51.0%
Revenue CAGR (3Y) 9.1% 6.8% 20.9%
Gross profit growth (1Y) 16.4% 7.6% 21.2%
Gross profit CAGR (3Y) 10.7% 8.1% 22.9%
Operating income growth (1Y) 17.5% -4.9% 64.4%
Operating income CAGR (3Y) 7.7% -4.2% 236.9%
Net income growth (1Y) 11.9% 8.2% 121.6%
Net income CAGR (3Y) 4.2% 9.0% 132.3%
EPS growth (1Y) 13.6% 9.6% 118.2%
EPS CAGR (3Y) 4.8% 10.1% 131.7%
Operating cash flow growth (1Y) 8.6% 10.2% 25.2%
Operating cash flow CAGR (3Y) 3.4% 8.9% 37.2%
Free cash flow growth (1Y) 8.4% 9.9% 24.1%
Free cash flow CAGR (3Y) 1.9% 9.4% 41.7%

Profitability

14 metrics
MetricPAYXADPBZ
Gross margin 74.4% 46.4% 96.5%
EBITDA margin 49.8% -21.2% –
Operating margin 39.2% -29.3% 32.9%
Pretax margin 36.0% 26.1% 66.1%
Net margin 27.4% 20.1% 53.2%
FCF margin 30.0% 23.9% 53.1%
Operating cash flow margin 34.1% 24.8% 53.1%
Return on equity 48.5% 71.3% 21.6%
Return on assets 11.3% 6.9% 17.1%
Return on invested capital 23.7% -46.5% –
Return on capital employed 27.0% -46.6% 13.4%
Asset turnover 0.4x 0.3x 0.3x
Cash conversion (OCF / net income) 1.2x 1.2x 1.0x
Stock comp / revenue 1.3% 1.1% –

Financial Health

11 metrics
MetricPAYXADPBZ
Debt / assets 29.1% 7.9% –
Debt / equity 1.2x 0.8x –
Net debt / EBITDA 1.2x -0.2x –
Debt / FCF 2.3x 0.9x –
Liabilities / assets 76.3% 90.5% 21.7%
Equity / assets 23.7% 9.5% 78.3%
Interest coverage 9.7x -14.0x –
Current ratio 1.3x 1.1x 4.2x
Quick ratio 0.5x 0.2x 3.1x
Cash ratio 0.1x 0.1x 3.0x
Altman Z-score 3.21 1.88 –

Shareholder Returns

7 metrics
MetricPAYXADPBZ
Dividend yield 5.2% 2.3% 3.1%
Net buyback yield 1.2% 1.8% –
Shareholder yield 6.4% 4.1% 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.

ConsensusPAYXADPBZ
Forward P/E 17.4xFY2026 22.8xFY2027 12.4xFY2026
EPS, next fiscal year $6.28FY2026 $12.87FY2027 $1.34FY2026
EPS growth, next FY +14.0%FY2026 +15.7%FY2027 +18.6%FY2026
EPS growth, the year after -1.6% +6.8% +3.0%
Revenue, next fiscal year $6.60BFY2026 $22.14BFY2027 $1.42BFY2026
Revenue growth, next FY +1.4%FY2026 +0.9%FY2027 +20.7%FY2026
Revenue growth, the year after +12.2% +18.1% +7.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAYXADPBZ
Held by institutions 82.5% 88.1% 66.1%
Institutions holding 1,528 2,290 254
Change in shares held, QoQ +3.4% +4.4% -1.6%
Institutions buying 785 1,084 129
Institutions selling 531 874 94
Buyers to sellers 1.48 1.24 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.

PAYXADPBZ
PAYX 1.00 0.87 0.11
ADP 0.87 1.00 0.10
BZ 0.11 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAYX, ADP and BZ?

Automatic Data Processing (ADP) is the largest by market capitalisation: Paychex (PAYX) $38.07B, Automatic Data Processing (ADP) $114.58B, Kanzhun (BZ) $7.18B.

Which stock is cheaper, PAYX, ADP and BZ?

Kanzhun (BZ) trades on the lowest price-to-earnings ratio (Paychex (PAYX) 21.1x, Automatic Data Processing (ADP) 26.0x, Kanzhun (BZ) 10.8x). On next year's consensus earnings, Kanzhun (BZ) is cheapest (Paychex (PAYX) 17.4x, Automatic Data Processing (ADP) 22.8x, Kanzhun (BZ) 12.4x). 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: Paychex (PAYX) +14.0%, Automatic Data Processing (ADP) +6.7%, Kanzhun (BZ) +51.0%.

Which company is more profitable?

Kanzhun (BZ) has the highest net margin (Paychex (PAYX) 27.4%, Automatic Data Processing (ADP) 20.1%, Kanzhun (BZ) 53.2%). On return on invested capital, Paychex (PAYX) leads (Paychex (PAYX) 23.7%, Automatic Data Processing (ADP) -46.5%).

Which stock has performed better?

Over the past year Automatic Data Processing (ADP) returned the most: Paychex (PAYX) -12.6%, Automatic Data Processing (ADP) +4.5%, Kanzhun (BZ) -25.6%. Over five years, Automatic Data Processing (ADP) compounded fastest (Paychex (PAYX) -2.4%/yr, Automatic Data Processing (ADP) +5.6%/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: Paychex (PAYX) 0.04%, Automatic Data Processing (ADP) 0.00%, Kanzhun (BZ) 0.00%. Automatic Data Processing (ADP) and Kanzhun (BZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Automatic Data Processing (ADP) has been the steadiest (Paychex (PAYX) 31.4%, Automatic Data Processing (ADP) 28.5%, Kanzhun (BZ) 39.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PAYX, ADP 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, Automatic Data Processing (ADP) 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.