Paychex PAYX Peer Comparison

NASDAQ PAYX
$121.71 -3.37 (-2.69%)
At close: Sep 4, 2026 · 4:00 PM EDT
Peer Comparison

142 Comparable Companies

Industry HR Software

Paychex Inc (PAYX) is the 11th largest of 142 HR Software companies by market capitalisation, at 43.28 Bn, behind Banco Santander (Brasil) S.A. at 44.60 Bn. It trades on a P/E of 24.82, 79% above the peer median of 13.87. The table below compares all 142 on 8 financial metrics.

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# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 ADP Automatic Data Processing Inc primary T-21 Business Applications TG-03 110.44 Bn 25.31 5.03 106.21 Bn
2 PAYX Paychex Inc primary T-21 Business Applications TG-03 43.28 Bn 24.82 6.65 42.14 Bn
3 PAYC Paycom Software, Inc. primary T-21 Business Applications TG-03 10.27 Bn 21.78 4.80 10.07 Bn
4 PCTY Paylocity Holding Corp primary T-21 Business Applications TG-03 8.11 Bn 30.53 4.58 7.84 Bn
5 BZ Kanzhun Ltd primary T-21 Business Applications TG-03 7.88 Bn 11.43 6.28 5.57 Bn
6 ALIT Alight, Inc. / Delaware primary T-21 Business Applications TG-03 0.39 Bn -0.19 0.18 0.18 Bn
7 ASUR Asure Software Inc primary T-21 Business Applications TG-03 0.27 Bn -31.67 1.72 0.25 Bn
8 DHX Dhi Group, Inc. primary T-21 Business Applications TG-03 0.19 Bn 151.55 1.57 0.19 Bn
9 CXAI CXApp Inc. primary T-21 Business Applications TG-03 0.01 Bn -0.01 0.05 0.01 Bn
10 BSAC Banco Santander Chile secondary F-01 Banking FG-01 448.38 Bn -0.68 — 568.32 Bn
11 SAP Sap Se secondary T-19 Business Applications TG-03 264.23 Bn 27.00 5.93 243.15 Bn
12 NOW ServiceNow, Inc. secondary T-20 Business Applications TG-03 146.07 Bn 87.24 9.92 141.41 Bn
13 MRSH Marsh & Mclennan Companies, Inc. secondary F-16 Insurance FG-04 88.77 Bn 21.91 3.18 76.82 Bn
14 NU Nu Holdings Ltd. secondary F-02 Banking FG-01 74.23 Bn 18.71 3.84 60.55 Bn
15 AON Aon plc secondary F-16 Insurance FG-04 68.55 Bn 17.32 3.90 67.31 Bn
16 AJG Arthur J. Gallagher & Co. secondary F-16 Insurance FG-04 67.32 Bn 42.81 4.27 65.96 Bn
17 WDAY Workday, Inc. secondary T-19 Business Applications TG-03 47.22 Bn 38.19 4.74 43.82 Bn
18 BSBR Banco Santander (Brasil) S.A. secondary F-02 Banking FG-01 44.60 Bn — — 44.96 Bn
19 WTW Willis Towers Watson Plc secondary F-16 Insurance FG-04 31.09 Bn 19.62 3.08 29.51 Bn
20 ZM Zoom Communications, Inc. secondary T-26 Workplace Software TG-04 29.62 Bn 9.31 5.96 22.37 Bn
21 CINF Cincinnati Financial Corp secondary F-13 Insurance FG-04 26.26 Bn 8.13 1.88 24.37 Bn
22 GPN Global Payments Inc secondary T-54 Fintech TG-09 24.60 Bn -25.59 2.40 19.84 Bn
23 BRO Brown & Brown, Inc. secondary F-16 Insurance FG-04 23.57 Bn 19.61 3.47 22.68 Bn
24 PHM Pultegroup Inc/Mi/ secondary D-08 Homebuilding DG-03 23.32 Bn 12.36 1.42 21.94 Bn
25 EFX Equifax Inc secondary F-24 Financial Data FG-06 20.83 Bn 30.12 3.23 20.78 Bn
26 XHG XChange TEC.INC secondary F-16 Insurance FG-04 19.63 Bn — — 19.63 Bn
27 TOST Toast, Inc. secondary T-31 Vertical Software TG-05 19.59 Bn 40.39 2.88 17.88 Bn
28 PNFP Pinnacle Financial Partners, Inc. secondary F-01 Banking FG-01 15.26 Bn 20.67 13.69 7.61 Bn
29 ERIE Erie Indemnity Co secondary F-16 Insurance FG-04 11.68 Bn 20.24 2.83 11.33 Bn
30 RYAN Ryan Specialty Holdings, Inc. secondary F-16 Insurance FG-04 10.71 Bn 21.63 3.33 11.08 Bn
31 XP XP Inc. secondary F-19 Capital Markets FG-05 10.32 Bn 40.77 6.49 5.47 Bn
32 CFR Cullen/Frost Bankers, Inc. secondary F-01 Banking FG-01 10.11 Bn 15.01 77.69 3.60 Bn
33 PRI Primerica, Inc. secondary F-12 Insurance FG-04 9.13 Bn 12.03 2.66 8.50 Bn
34 KNSL Kinsale Capital Group, Inc. secondary F-13 Insurance FG-04 8.50 Bn 14.93 4.26 7.52 Bn
35 YMM Full Truck Alliance Co. Ltd. secondary T-51 Internet Platforms TG-08 8.08 Bn 14.81 — 7.12 Bn
36 TTAN ServiceTitan, Inc. secondary T-30 Vertical Software TG-05 7.27 Bn -61.28 7.17 6.85 Bn
37 WEX WEX Inc. secondary T-54 Fintech TG-09 6.65 Bn 19.19 2.38 0.55 Bn
38 FNB Fnb Corp/Pa/ secondary F-01 Banking FG-01 6.60 Bn 11.03 3.61 4.22 Bn
39 HOMB Home Bancshares Inc secondary F-01 Banking FG-01 6.04 Bn 12.66 130.66 4.99 Bn
40 AGBK AGI Inc secondary F-01 Banking FG-01 5.72 Bn 20.93 1.82 -3.75 Bn
41 WTM White Mountains Insurance Group Ltd secondary F-13 Insurance FG-04 5.02 Bn 4.35 1.31 -5.66 Bn
42 FFIN First Financial Bankshares Inc secondary F-01 Banking FG-01 4.79 Bn 18.43 7.20 4.00 Bn
43 DOCS Doximity, Inc. secondary T-27 Vertical Software TG-05 4.74 Bn 28.79 7.23 4.05 Bn
44 HGTY Hagerty, Inc. secondary F-16 Insurance FG-04 4.65 Bn 22.13 3.24 4.78 Bn
45 FULT Fulton Financial Corp secondary F-01 Banking FG-01 4.60 Bn 11.94 15.89 3.34 Bn
46 NP Neptune Insurance Holdings Inc. secondary F-16 Insurance FG-04 4.58 Bn 138.90 25.17 4.56 Bn
47 FBP First Bancorp /Pr/ secondary F-01 Banking FG-01 4.35 Bn 11.74 4.23 -15.36 Bn
48 BWIN Baldwin Insurance Group, Inc. secondary F-16 Insurance FG-04 4.31 Bn -21.48 2.48 4.66 Bn
49 KFY Korn Ferry secondary I-26 Business Services IG-06 4.28 Bn 15.61 1.46 3.15 Bn
50 UCB United Community Banks Inc secondary F-01 Banking FG-01 4.27 Bn 11.56 3.84 3.72 Bn
51 CATY Cathay General Bancorp secondary F-01 Banking FG-01 4.19 Bn 12.34 151.76 0.45 Bn
52 WSBC Wesbanco Inc secondary F-01 Banking FG-01 3.96 Bn 11.95 3.79 2.88 Bn
53 BANF Bancfirst Corp /Ok/ secondary F-01 Banking FG-01 3.79 Bn 15.06 51.50 3.42 Bn
54 FA First Advantage Corp secondary T-39 Infrastructure Software TG-06 3.67 Bn -475.03 2.21 3.43 Bn
55 INTR Inter & Co, Inc. secondary F-02 Banking FG-01 3.65 Bn 4.60 1.58 3.67 Bn
56 SFNC Simmons First National Corp secondary F-01 Banking FG-01 3.42 Bn -9.82 67.49 2.82 Bn
57 CBU Community Financial System, Inc. secondary F-01 Banking FG-01 3.36 Bn 14.72 63.82 3.36 Bn
58 SBCF Seacoast Banking Corp Of Florida secondary F-01 Banking FG-01 3.35 Bn 21.13 577.80 2.92 Bn
59 TNET Trinet Group, Inc. secondary I-25 Business Services IG-06 3.17 Bn 18.13 0.65 1.29 Bn
60 PFS Provident Financial Services Inc secondary F-01 Banking FG-01 3.09 Bn 9.89 3.41 2.85 Bn
61 CBZ CBIZ, Inc. secondary I-29 Business Services IG-06 2.98 Bn 26.72 1.08 2.91 Bn
62 NBTB Nbt Bancorp Inc secondary F-01 Banking FG-01 2.72 Bn 12.69 3.66 2.32 Bn
63 WAFD Wafd Inc secondary F-01 Banking FG-01 2.68 Bn 11.09 84.87 2.01 Bn
64 GSHD Goosehead Insurance, Inc. secondary F-16 Insurance FG-04 2.32 Bn 26.40 5.76 2.21 Bn
65 OFG Ofg Bancorp secondary F-01 Banking FG-01 2.25 Bn 10.20 3.01 1.50 Bn
66 FCF First Commonwealth Financial Corp /Pa/ secondary F-01 Banking FG-01 2.16 Bn 12.84 3.95 2.16 Bn
67 SRCE 1St Source Corp secondary F-01 Banking FG-01 2.10 Bn 12.28 70.86 2.14 Bn
68 CCS Century Communities, Inc. secondary D-08 Homebuilding DG-03 1.83 Bn 15.65 0.47 1.74 Bn
69 BFC Bank First Corp secondary F-01 Banking FG-01 1.73 Bn 21.59 7.94 1.11 Bn
70 OBK Origin Bancorp, Inc. secondary F-01 Banking FG-01 1.68 Bn 16.87 57.98 1.14 Bn
71 COUR Coursera, Inc. secondary T-28 Vertical Software TG-05 1.59 Bn -9.90 1.79 0.60 Bn
72 TWFG TWFG, Inc. secondary F-16 Insurance FG-04 1.56 Bn 6.80 5.29 1.68 Bn
73 PEBO Peoples Bancorp Inc secondary F-01 Banking FG-01 1.44 Bn -41.34 56.73 1.26 Bn
74 CTBI Community Trust Bancorp Inc /Ky/ secondary F-01 Banking FG-01 1.41 Bn 13.01 4.73 0.90 Bn
75 FMBH First Mid Bancshares, Inc. secondary F-01 Banking FG-01 1.37 Bn 13.87 3.56 1.06 Bn
76 UVE Universal Insurance Holdings, Inc. secondary F-13 Insurance FG-04 1.23 Bn 5.55 0.75 0.59 Bn
77 TRUP Trupanion, Inc. secondary F-13 Insurance FG-04 1.22 Bn 52.37 0.80 0.82 Bn
78 CLBK Columbia Financial, Inc./MD/ secondary F-03 Banking FG-01 1.22 Bn 21.17 65.65 0.94 Bn
79 GTM ZoomInfo Technologies Inc. secondary T-16 Business Applications TG-03 1.21 Bn -2.25 0.96 1.05 Bn
80 DCBG Dime Commercial Bancshares, Inc. /NY/ secondary F-01 Banking FG-01 1.17 Bn 9.43 51.34 1.12 Bn
81 UVSP UNIVEST FINANCIAL Corp secondary F-01 Banking FG-01 1.17 Bn 11.94 48.83 0.97 Bn
82 CCNE Cnb Financial Corp/Pa secondary F-01 Banking FG-01 1.03 Bn 11.17 3.09 0.56 Bn
83 HBNC Horizon Bancorp Inc /In/ secondary F-01 Banking FG-01 1.02 Bn -7.06 -78.50 0.80 Bn
84 MPB Mid Penn Bancorp Inc secondary F-01 Banking FG-01 0.95 Bn 13.90 91.91 0.85 Bn
85 FCBC First Community Bankshares Inc /Va/ secondary F-01 Banking FG-01 0.93 Bn 15.64 53.12 0.18 Bn
86 SMBC Southern Missouri Bancorp, Inc. secondary F-01 Banking FG-01 0.82 Bn 12.42 4.16 0.63 Bn
87 CWH Camping World Holdings, Inc. secondary D-37 Retail DG-10 0.72 Bn -3.65 0.11 0.65 Bn
88 DCBO Docebo Inc. secondary T-28 Vertical Software TG-05 0.71 Bn 29.86 2.75 0.67 Bn
89 CNNE Cannae Holdings, Inc. secondary F-11 Asset and Wealth Management FG-03 0.69 Bn -1.57 1.15 0.57 Bn
90 ACNB Acnb Corp secondary F-01 Banking FG-01 0.67 Bn 12.29 121.20 0.67 Bn
91 AROW Arrow Financial Corp secondary F-01 Banking FG-01 0.65 Bn 12.68 57.39 0.65 Bn
92 NRDS Nerdwallet, Inc. secondary T-51 Internet Platforms TG-08 0.63 Bn 9.90 0.73 0.57 Bn
93 CIVB Civista Bancshares, Inc. secondary F-01 Banking FG-01 0.58 Bn 11.15 29.43 0.56 Bn
94 NOAH Noah Holdings Ltd secondary F-09 Asset and Wealth Management FG-03 0.57 Bn 6.96 1.51 -0.15 Bn
95 COFS Choiceone Financial Services Inc secondary F-01 Banking FG-01 0.51 Bn 9.38 24.49 0.41 Bn
96 FMAO Farmers & Merchants Bancorp Inc secondary F-01 Banking FG-01 0.49 Bn 12.14 92.68 0.33 Bn
97 NRC Nrc Health secondary T-27 Vertical Software TG-05 0.48 Bn 80.88 3.40 0.47 Bn
98 CZNC Citizens & Northern Corp secondary F-01 Banking FG-01 0.47 Bn 18.90 71.80 0.38 Bn
99 CBAN Colony Bankcorp Inc secondary F-01 Banking FG-01 0.46 Bn 41.58 158.74 0.13 Bn
100 PBFS Pioneer Bancorp, Inc./MD secondary F-01 Banking FG-01 0.46 Bn 151.93 103.43 0.46 Bn
101 ACIC AMERICAN COASTAL INSURANCE Corp secondary F-13 Insurance FG-04 0.45 Bn 4.58 1.36 0.08 Bn
102 GBLI Global Indemnity Group, LLC secondary F-13 Insurance FG-04 0.43 Bn — — 0.33 Bn
103 CHMG Chemung Financial Corp secondary F-01 Banking FG-01 0.41 Bn 12.07 32.93 0.34 Bn
104 CZFS Citizens Financial Services Inc secondary F-01 Banking FG-01 0.40 Bn 9.89 3.38 0.31 Bn
105 WDH Waterdrop Inc. secondary F-16 Insurance FG-04 0.38 Bn 4.77 0.59 0.26 Bn
106 NEWT NewtekOne, Inc. secondary F-02 Banking FG-01 0.36 Bn 5.74 1.22 -0.04 Bn
107 BRBS Blue Ridge Bankshares, Inc. secondary F-01 Banking FG-01 0.36 Bn 37.33 4.22 0.35 Bn
108 FDBC Fidelity D & D Bancorp Inc secondary F-01 Banking FG-01 0.32 Bn 10.57 60.18 0.11 Bn
109 ZIP Ziprecruiter, Inc. secondary T-51 Internet Platforms TG-08 0.29 Bn 12.26 0.64 0.12 Bn
110 KINS Kingstone Companies, Inc. secondary F-13 Insurance FG-04 0.29 Bn 8.19 1.22 0.27 Bn
111 BETR Better Home & Finance Holding Co secondary F-05 Lending and Credit FG-02 0.27 Bn -1.50 1.44 0.17 Bn
112 TROO Troops, Inc. /Cayman Islands/ secondary F-06 Lending and Credit FG-02 0.27 Bn -9.35 16.01 0.27 Bn
113 NKSH National Bankshares Inc secondary F-01 Banking FG-01 0.27 Bn 13.18 31.49 0.19 Bn
114 MAAS Maase Inc. secondary F-16 Insurance FG-04 0.26 Bn — 21.73 0.25 Bn
115 OSG Octave Specialty Group Inc secondary F-13 Insurance FG-04 0.22 Bn -1.38 0.70 0.12 Bn
116 LAWR Robot Consulting Co., Ltd. secondary I-26 Business Services IG-06 0.17 Bn -25.87 44.19 0.17 Bn
117 SFBC Sound Financial Bancorp, Inc. secondary F-01 Banking FG-01 0.12 Bn 15.22 3.04 0.00 Bn
118 NWPP New Peoples Bankshares Inc secondary F-01 Banking FG-01 0.11 Bn 9.33 31.38 0.03 Bn
119 RDZN Roadzen Inc. secondary T-55 Fintech TG-09 0.11 Bn -3.72 1.81 0.11 Bn
120 UWHR Uwharrie Capital Corp secondary F-01 Banking FG-01 0.10 Bn 7.86 1.86 0.01 Bn
121 SLQT SelectQuote, Inc. secondary F-16 Insurance FG-04 0.10 Bn -8.72 0.06 0.07 Bn
122 YRD Yiren Digital Ltd. secondary F-04 Lending and Credit FG-02 0.09 Bn -0.69 0.12 -0.34 Bn
123 AMTD Amtd Idea Group secondary F-17 Capital Markets FG-05 0.07 Bn 1.68 0.69 0.19 Bn
124 BVC BitVentures Ltd secondary F-16 Insurance FG-04 0.07 Bn — — 0.07 Bn
125 QDMI QDM International Inc. secondary F-16 Insurance FG-04 0.06 Bn 6.54 2.30 0.05 Bn
126 JFU 9F Inc. secondary T-40 Infrastructure Software TG-06 0.06 Bn 1.25 3.11 0.07 Bn
127 KG Kestrel Group Ltd secondary F-16 Insurance FG-04 0.06 Bn -1.55 1.33 0.03 Bn
128 SDA SunCar Technology Group Inc. secondary F-16 Insurance FG-04 0.06 Bn -2.84 0.11 0.08 Bn
129 DOMH Dominari Holdings Inc. secondary F-09 Asset and Wealth Management FG-03 0.05 Bn -0.45 0.38 0.03 Bn
130 MNY MoneyHero Ltd secondary T-51 Internet Platforms TG-08 0.04 Bn -6.66 0.52 0.01 Bn
131 PETS Petmed Express Inc secondary S-14 Staples Retail SG-06 0.04 Bn -1.34 0.23 0.03 Bn
132 QNTO Quaint Oak Bancorp, Inc. secondary F-03 Banking FG-01 0.04 Bn 49.21 30.48 -0.01 Bn
133 AIFU AIFU Inc. secondary F-16 Insurance FG-04 0.03 Bn -0.15 0.36 0.02 Bn
134 BCG Binah Capital Group, Inc. secondary F-19 Capital Markets FG-05 0.02 Bn 6.47 0.12 0.03 Bn
135 NIXX Nixxy, Inc. secondary T-13 Computer Hardware TG-02 0.02 Bn -1.75 0.14 0.01 Bn
136 HUIZ Huize Holding Ltd secondary F-16 Insurance FG-04 0.01 Bn 9.09 0.04 -0.02 Bn
137 ZBAO Zhibao Technology Inc. secondary F-16 Insurance FG-04 0.01 Bn — — 0.00 Bn
138 YAAS Youxin Technology Ltd secondary T-16 Business Applications TG-03 0.00 Bn — — 0.00 Bn
139 LDXC Londax Corp. secondary T-16 Business Applications TG-03 0.00 Bn -47.48 168.03 0.00 Bn
140 EZRA Reliance Global Group, Inc. secondary F-16 Insurance FG-04 0.00 Bn -0.28 0.16 0.00 Bn
141 BIYA Baiya International Group Inc. secondary I-25 Business Services IG-06 0.00 Bn -0.04 0.07 0.00 Bn
142 PICS PicS N.V. secondary F-02 Banking FG-01 0.00 Bn 0.00 0.00 0.00 Bn