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Paychex (PAYX) Competitors

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$104.64 +0.66 (+0.63%)
Closing price 10/12/2026 04:00 PM Eastern
Extended Trading
$104.93 +0.29 (+0.28%)
As of 05:59 AM Eastern
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PAYX vs. ADP, PCTY, ROP, SSNC, and BAH

Should you buy Paychex stock or one of its competitors? Paychex's main competitors and comparable companies include Automatic Data Processing (ADP), Paylocity (PCTY), Roper Technologies (ROP), SS&C Technologies (SSNC), and Booz Allen Hamilton (BAH). Companies are selected based on similarities in market, industry, and size.

How does Paychex compare to Automatic Data Processing?

Paychex (NASDAQ:PAYX) and Automatic Data Processing (NASDAQ:ADP) are both large-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, valuation, media sentiment, risk, earnings, analyst recommendations, dividends and institutional ownership.

Automatic Data Processing has higher revenue and earnings than Paychex. Paychex is trading at a lower price-to-earnings ratio than Automatic Data Processing, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paychex$6.60B5.64$1.76B$5.0420.76
Automatic Data Processing$21.95B4.94$4.41B$10.9425.03

Paychex has a net margin of 27.35% compared to Automatic Data Processing's net margin of 20.11%. Automatic Data Processing's return on equity of 71.34% beat Paychex's return on equity.

Company Net Margins Return on Equity Return on Assets
Paychex27.35% 52.78% 12.29%
Automatic Data Processing 20.11%71.34%6.73%

Paychex presently has a consensus price target of $127.59, indicating a potential upside of 21.93%. Automatic Data Processing has a consensus price target of $273.50, indicating a potential downside of 0.11%. Given Paychex's higher possible upside, research analysts clearly believe Paychex is more favorable than Automatic Data Processing.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paychex
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.11
Automatic Data Processing
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.17

83.5% of Paychex shares are held by institutional investors. Comparatively, 80.0% of Automatic Data Processing shares are held by institutional investors. 0.6% of Paychex shares are held by company insiders. Comparatively, 0.2% of Automatic Data Processing shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Paychex pays an annual dividend of $4.76 per share and has a dividend yield of 4.5%. Automatic Data Processing pays an annual dividend of $6.80 per share and has a dividend yield of 2.5%. Paychex pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Automatic Data Processing pays out 62.2% of its earnings in the form of a dividend. Paychex has raised its dividend for 3 consecutive years and Automatic Data Processing has raised its dividend for 49 consecutive years.

Paychex has a beta of 0.86, meaning that its share price is 14% less volatile than the broader market. Comparatively, Automatic Data Processing has a beta of 0.83, meaning that its share price is 17% less volatile than the broader market.

In the previous week, Paychex had 9 more articles in the media than Automatic Data Processing. MarketBeat recorded 20 mentions for Paychex and 11 mentions for Automatic Data Processing. Automatic Data Processing's average media sentiment score of 1.01 beat Paychex's score of 0.34 indicating that Automatic Data Processing is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paychex
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Automatic Data Processing
6 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Paychex and Automatic Data Processing tied by winning 10 of the 20 factors compared between the two stocks.

How does Paychex compare to Paylocity?

Paychex (NASDAQ:PAYX) and Paylocity (NASDAQ:PCTY) are both industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, media sentiment, dividends, earnings and risk.

Paychex has a beta of 0.86, indicating that its share price is 14% less volatile than the broader market. Comparatively, Paylocity has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market.

Paychex has higher revenue and earnings than Paylocity. Paychex is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paychex$6.60B5.64$1.76B$5.0420.76
Paylocity$1.77B4.67$269.74M$4.9531.52

In the previous week, Paychex had 16 more articles in the media than Paylocity. MarketBeat recorded 20 mentions for Paychex and 4 mentions for Paylocity. Paylocity's average media sentiment score of 0.62 beat Paychex's score of 0.34 indicating that Paylocity is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paychex
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Paylocity
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paychex presently has a consensus price target of $127.59, suggesting a potential upside of 21.93%. Paylocity has a consensus price target of $163.29, suggesting a potential upside of 4.66%. Given Paychex's higher possible upside, equities research analysts clearly believe Paychex is more favorable than Paylocity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paychex
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.11
Paylocity
0 Sell rating(s)
5 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.71

Paychex has a net margin of 27.35% compared to Paylocity's net margin of 15.23%. Paychex's return on equity of 52.78% beat Paylocity's return on equity.

Company Net Margins Return on Equity Return on Assets
Paychex27.35% 52.78% 12.29%
Paylocity 15.23%27.02%5.78%

83.5% of Paychex shares are owned by institutional investors. Comparatively, 94.8% of Paylocity shares are owned by institutional investors. 0.6% of Paychex shares are owned by insiders. Comparatively, 19.4% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Paychex beats Paylocity on 11 of the 17 factors compared between the two stocks.

How does Paychex compare to Roper Technologies?

Paychex (NASDAQ:PAYX) and Roper Technologies (NASDAQ:ROP) are related large-cap companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, media sentiment, analyst recommendations, risk, profitability and earnings.

Paychex has higher earnings, but lower revenue than Roper Technologies. Roper Technologies is trading at a lower price-to-earnings ratio than Paychex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paychex$6.60B5.64$1.76B$5.0420.76
Roper Technologies$8.28B4.39$1.54B$24.1415.22

Paychex pays an annual dividend of $4.76 per share and has a dividend yield of 4.5%. Roper Technologies pays an annual dividend of $3.64 per share and has a dividend yield of 1.0%. Paychex pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Roper Technologies pays out 15.1% of its earnings in the form of a dividend. Paychex has raised its dividend for 3 consecutive years and Roper Technologies has raised its dividend for 33 consecutive years.

In the previous week, Paychex had 14 more articles in the media than Roper Technologies. MarketBeat recorded 20 mentions for Paychex and 6 mentions for Roper Technologies. Roper Technologies' average media sentiment score of 0.76 beat Paychex's score of 0.34 indicating that Roper Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paychex
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Roper Technologies
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paychex has a beta of 0.86, meaning that its stock price is 14% less volatile than the broader market. Comparatively, Roper Technologies has a beta of 0.75, meaning that its stock price is 25% less volatile than the broader market.

Paychex currently has a consensus target price of $127.59, indicating a potential upside of 21.93%. Roper Technologies has a consensus target price of $466.94, indicating a potential upside of 27.12%. Given Roper Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Roper Technologies is more favorable than Paychex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paychex
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.11
Roper Technologies
3 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.21

83.5% of Paychex shares are owned by institutional investors. Comparatively, 93.3% of Roper Technologies shares are owned by institutional investors. 0.6% of Paychex shares are owned by insiders. Comparatively, 0.8% of Roper Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Roper Technologies has a net margin of 30.24% compared to Paychex's net margin of 27.35%. Paychex's return on equity of 52.78% beat Roper Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Paychex27.35% 52.78% 12.29%
Roper Technologies 30.24%11.36%6.33%

Summary

Roper Technologies beats Paychex on 11 of the 20 factors compared between the two stocks.

How does Paychex compare to SS&C Technologies?

SS&C Technologies (NASDAQ:SSNC) and Paychex (NASDAQ:PAYX) are both large-cap industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

Paychex has higher revenue and earnings than SS&C Technologies. Paychex is trading at a lower price-to-earnings ratio than SS&C Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SS&C Technologies$6.27B3.03$796.90M$3.4823.27
Paychex$6.60B5.64$1.76B$5.0420.76

In the previous week, Paychex had 15 more articles in the media than SS&C Technologies. MarketBeat recorded 20 mentions for Paychex and 5 mentions for SS&C Technologies. SS&C Technologies' average media sentiment score of 0.71 beat Paychex's score of 0.34 indicating that SS&C Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SS&C Technologies
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paychex
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

SS&C Technologies pays an annual dividend of $1.20 per share and has a dividend yield of 1.5%. Paychex pays an annual dividend of $4.76 per share and has a dividend yield of 4.5%. SS&C Technologies pays out 34.5% of its earnings in the form of a dividend. Paychex pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. SS&C Technologies has raised its dividend for 9 consecutive years and Paychex has raised its dividend for 3 consecutive years.

96.9% of SS&C Technologies shares are owned by institutional investors. Comparatively, 83.5% of Paychex shares are owned by institutional investors. 16.0% of SS&C Technologies shares are owned by company insiders. Comparatively, 0.6% of Paychex shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Paychex has a net margin of 27.35% compared to SS&C Technologies' net margin of 13.16%. Paychex's return on equity of 52.78% beat SS&C Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
SS&C Technologies13.16% 21.20% 7.19%
Paychex 27.35%52.78%12.29%

SS&C Technologies currently has a consensus price target of $92.63, suggesting a potential upside of 14.37%. Paychex has a consensus price target of $127.59, suggesting a potential upside of 21.93%. Given Paychex's higher probable upside, analysts clearly believe Paychex is more favorable than SS&C Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SS&C Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
Paychex
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.11

SS&C Technologies has a beta of 1.09, indicating that its share price is 9% more volatile than the broader market. Comparatively, Paychex has a beta of 0.86, indicating that its share price is 14% less volatile than the broader market.

Summary

Paychex beats SS&C Technologies on 10 of the 19 factors compared between the two stocks.

How does Paychex compare to Booz Allen Hamilton?

Booz Allen Hamilton (NYSE:BAH) and Paychex (NASDAQ:PAYX) are both industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, risk, media sentiment, profitability, analyst recommendations and earnings.

Paychex has a net margin of 27.35% compared to Booz Allen Hamilton's net margin of 7.01%. Booz Allen Hamilton's return on equity of 76.71% beat Paychex's return on equity.

Company Net Margins Return on Equity Return on Assets
Booz Allen Hamilton7.01% 76.71% 11.48%
Paychex 27.35%52.78%12.29%

Booz Allen Hamilton pays an annual dividend of $2.36 per share and has a dividend yield of 3.2%. Paychex pays an annual dividend of $4.76 per share and has a dividend yield of 4.5%. Booz Allen Hamilton pays out 37.1% of its earnings in the form of a dividend. Paychex pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Booz Allen Hamilton has raised its dividend for 14 consecutive years and Paychex has raised its dividend for 3 consecutive years.

91.8% of Booz Allen Hamilton shares are owned by institutional investors. Comparatively, 83.5% of Paychex shares are owned by institutional investors. 1.1% of Booz Allen Hamilton shares are owned by company insiders. Comparatively, 0.6% of Paychex shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Booz Allen Hamilton has a beta of 0.37, meaning that its share price is 63% less volatile than the broader market. Comparatively, Paychex has a beta of 0.86, meaning that its share price is 14% less volatile than the broader market.

Paychex has lower revenue, but higher earnings than Booz Allen Hamilton. Booz Allen Hamilton is trading at a lower price-to-earnings ratio than Paychex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Booz Allen Hamilton$11.22B0.79$851M$6.3611.59
Paychex$6.60B5.64$1.76B$5.0420.76

In the previous week, Paychex had 11 more articles in the media than Booz Allen Hamilton. MarketBeat recorded 20 mentions for Paychex and 9 mentions for Booz Allen Hamilton. Paychex's average media sentiment score of 0.34 beat Booz Allen Hamilton's score of 0.22 indicating that Paychex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Booz Allen Hamilton
1 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Paychex
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Booz Allen Hamilton currently has a consensus target price of $85.62, indicating a potential upside of 16.17%. Paychex has a consensus target price of $127.59, indicating a potential upside of 21.93%. Given Paychex's stronger consensus rating and higher probable upside, analysts clearly believe Paychex is more favorable than Booz Allen Hamilton.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Booz Allen Hamilton
4 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.00
Paychex
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.11

Summary

Paychex beats Booz Allen Hamilton on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PAYX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PAYX vs. The Competition

MetricPaychexProfessional Services IndustryIndustrials SectorNASDAQ Exchange
Market Cap$37.01B$7.95B$10.21B$13.27B
Dividend Yield4.56%3.74%96.64%20.72%
P/E Ratio20.7637.0926.6425.82
Price / Sales5.6424.29274.8591.53
Price / Cash13.9622.2023.9236.12
Price / Book10.036.874.746.10
Net Income$1.76B$236.73M$614.62M$380.59M
7 Day Performance3.58%0.65%-1.39%-2.04%
1 Month Performance-9.64%-1.84%-2.90%-4.24%
1 Year Performance-17.88%-9.72%2.11%-1.55%

Paychex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PAYX
Paychex
4.1065 of 5 stars
$104.64
+0.6%
$127.59
+21.9%
-16.7%$37.01B$6.60B20.7617,600
ADP
Automatic Data Processing
4.0098 of 5 stars
$260.26
+1.0%
$273.50
+5.1%
-4.0%$102.11B$21.95B23.7967,000
PCTY
Paylocity
2.0908 of 5 stars
$147.39
+2.0%
$163.29
+10.8%
+3.7%$7.67B$1.77B29.786,900
ROP
Roper Technologies
4.9188 of 5 stars
$363.38
+2.6%
$466.94
+28.5%
-27.8%$35.04B$7.90B15.0519,400
SSNC
SS&C Technologies
4.7909 of 5 stars
$79.08
+0.7%
$92.63
+17.1%
-1.6%$18.43B$6.27B22.7228,800

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This page (NASDAQ:PAYX) was last updated on 10/13/2026 by MarketBeat.com Staff.
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