Paychex EV/EBIT PAYX

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 17.6×
10-year median: 20.6×
Against its 10-year history: 16th; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.1× to 28.8×
Peer median: 25.2×

Paychex's EV/EBIT is 17.6× as of Oct 23, 2026.

That is below its ten-year median of 20.6×, lower than on 84% of days in the last ten years.

Over that time it ranged from 13.1× in Mar 2020 to 28.8× in Dec 2021.

The median for 10 industrial stocks of a similar size is 25.2×.

EV/EBIT over time

median 20.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.6×	14.5×	19.8×
2025	19.9×	19.7×	25.6×
2024	22.8×	19.3×	24.2×
2023	20.1×	18.7×	22.3×
2022	21.4×	20.6×	27.6×
2021	28.8×	22.2×	28.8×
2020	23.8×	13.1×	24.9×
2019	21.4×	17.8×	23.3×
2018	17.3×	16.5×	20.6×
2017	19.8×	15.5×	20.0×
2016	18.2×	14.8×	19.4×
2015	16.8×	14.7×	17.9×
2014	16.3×	14.4×	17.0×
2013	17.2×	12.9×	17.2×
2012	12.5×	12.0×	14.3×
2011	12.7×	11.1×	15.7×
2010	14.4×	11.9×	14.6×

Against its peers

Companies in Industrials nearest Paychex's size, closest first, today.

Company	EV/EBIT
PAYXPaychex	17.6×
HEIHEICO	35.3×
FIXComfort Systems USA	18.5×
FERGFerguson	n/m
WABWestinghouse Air Brake Technologies	24.7×
CARRCarrier Global	29.7×
ODFLOld Dominion Freight Line	26.0×
WCNWaste Connections	32.0×
LHXL3Harris Technologies	25.2×
ROKRockwell Automation	22.2×
DALDelta Air Lines	11.1×
Peer median	25.2×

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Paychex

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.