CTAS vs. PAYX: Cintas vs. Paychex Stock Comparison
How do Cintas (CTAS) and Paychex (PAYX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cintas (CTAS) and Paychex (PAYX) both fall under the Commercial & Professional Services industry group, but CTAS is classified in Commercial Services & Supplies while PAYX is classified in Professional Services.
| Profile Item | CTAS | PAYX |
|---|---|---|
| Name | Cintas Corporation | Paychex Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Commercial Services & Supplies | Professional Services |
| GICS Sub-Industry | Diversified Support Services | Human Resource & Employment Services |
| Market Capitalization | 80.19 billion USD | 39.82 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | August 19, 1983 | August 26, 1983 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Total Return (1Y) | -8.59% | -18.91% |
| Total Return (3Y, Annualized) | 17.50% | 0.05% |
| Total Return (5Y, Annualized) | 16.45% | 3.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Volatility (1Y, Annualized) | 22.68% | 26.79% |
| Beta (5Y) | 0.92 | 0.82 |
| Max Drawdown (5Y) | -27.68% | -44.95% |
| Avg. Volume (3M) | 2.22M | 3.34M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | -0.86 |
| Sortino Ratio (1Y) | -0.80 | -1.19 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Cintas (CTAS) earns 40.71% on shareholders’ equity, ranked against its industry; Paychex (PAYX) has no ROE this period.
CTAS
Commercial & Professional Services industry group
40.71%
- Max
- 53.04%
- CTAS
- 40.71%
- Q3
- 25.65%
- Median
- 13.99%
- Q1
- 2.99%
- Min
- -28.46%
PAYX
Commercial & Professional Services industry group
--
- Max
- 53.04%
- Q3
- 25.65%
- Median
- 13.99%
- Q1
- 2.99%
- Min
- -28.46%
- PAYX
- --
Net Margin (TTM)
For every dollar of sales, both Cintas (CTAS) at 17.75% and Paychex (PAYX) at 26.63% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CTAS
Commercial & Professional Services industry group
17.75%
- Max
- 26.63%
- CTAS
- 17.75%
- Q3
- 11.56%
- Median
- 6.26%
- Q1
- 1.30%
- Min
- -13.15%
PAYX
Commercial & Professional Services industry group
26.63%
- PAYX
- 26.63%
- Max
- 26.63%
- Q3
- 11.56%
- Median
- 6.26%
- Q1
- 1.30%
- Min
- -13.15%
Operating Margin (TTM)
Both Cintas (CTAS) at 23.65% and Paychex (PAYX) at 38.33% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
CTAS
Commercial & Professional Services industry group
23.65%
- Max
- 38.33%
- CTAS
- 23.65%
- Q3
- 17.67%
- Median
- 9.37%
- Q1
- 3.13%
- Min
- -4.52%
PAYX
Commercial & Professional Services industry group
38.33%
- PAYX
- 38.33%
- Max
- 38.33%
- Q3
- 17.67%
- Median
- 9.37%
- Q1
- 3.13%
- Min
- -4.52%
Profitability Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| ROE (TTM) | 40.71% | -- |
| ROA (TTM) | 16.10% | -- |
| Net Margin (TTM) | 17.75% | 26.63% |
| Operating Margin (TTM) | 23.65% | 38.33% |
| Gross Margin (TTM) | 50.67% | 67.20% |
Growth
Revenue Growth
Only one side can be read here: Paychex (PAYX) reports revenue growth of 16.88%, ranked against its industry; Cintas (CTAS) has no revenue growth figure this period.
EPS Growth
Both Cintas (CTAS) at 11.59% and Paychex (PAYX) at 6.77% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Revenue Growth (YoY) | -- | 16.88% |
| Revenue Growth (3Y CAGR) | -- | 9.15% |
| EPS Growth (YoY) | 11.59% | 6.77% |
| EPS Growth (3Y CAGR) | 14.77% | 4.38% |
Financial Strength
Current Ratio (MRQ)
Both Cintas (CTAS) at 1.43 and Paychex (PAYX) at 1.15 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CTAS
Commercial & Professional Services industry group
1.43
- Max
- 3.17
- Q3
- 2.01
- Median
- 1.48
- CTAS
- 1.43
- Q1
- 1.13
- Min
- 0.45
PAYX
Commercial & Professional Services industry group
1.15
- Max
- 3.17
- Q3
- 2.01
- Median
- 1.48
- PAYX
- 1.15
- Q1
- 1.13
- Min
- 0.45
Debt / Equity (MRQ)
Both Cintas (CTAS) at 0.53 and Paychex (PAYX) at 1.24 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CTAS
Commercial & Professional Services industry group
0.53
- Max
- 2.61
- Q3
- 1.39
- Median
- 0.94
- CTAS
- 0.53
- Q1
- 0.40
- Min
- 0.01
PAYX
Commercial & Professional Services industry group
1.24
- Max
- 2.61
- Q3
- 1.39
- PAYX
- 1.24
- Median
- 0.94
- Q1
- 0.40
- Min
- 0.01
Financial Strength Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 1.15 |
| Debt / Equity (MRQ) | 0.53 | 1.24 |
| Net Debt / EBITDA | 0.77 | 2.17 |
Dividends
Dividend Yield (TTM)
Paychex (PAYX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cintas (CTAS) reports a yield of 0.89%, ranking against industry peers normally.
CTAS
Commercial & Professional Services industry group
0.89%
- Max
- 3.77%
- Q3
- 1.82%
- CTAS
- 0.89%
- Median
- 0.44%
- Q1
- 0.00%
- Min
- 0.00%
PAYX
Commercial & Professional Services industry group
0.00%
- Max
- 3.77%
- Q3
- 1.82%
- Median
- 0.44%
- PAYX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cintas (CTAS) at 36.66% and Paychex (PAYX) at 90.59% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
CTAS
Commercial & Professional Services industry group
36.66%
- Max
- 90.59%
- CTAS
- 36.66%
- Q3
- 36.56%
- Median
- 16.11%
- Q1
- 0.00%
- Min
- 0.00%
PAYX
Commercial & Professional Services industry group
90.59%
- PAYX
- 90.59%
- Max
- 90.59%
- Q3
- 36.56%
- Median
- 16.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| Dividend Yield (TTM) | 0.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 36.66% | 90.59% |
Valuation
P/E Ratio (TTM)
Paychex (PAYX) at 23.57 is near its industry’s usual P/E ratio, while Cintas (CTAS) at 41.15 sits in the richer quartile — CTAS needs stronger growth or earnings quality to justify the premium.
CTAS
Commercial & Professional Services industry group
41.15
- Max
- 67.06
- CTAS
- 41.15
- Q3
- 38.84
- Median
- 23.07
- Q1
- 16.03
- Min
- 4.96
PAYX
Commercial & Professional Services industry group
23.57
- Max
- 67.06
- Q3
- 38.84
- PAYX
- 23.57
- Median
- 23.07
- Q1
- 16.03
- Min
- 4.96
P/S Ratio (TTM)
Both look expensive on sales: Cintas (CTAS) at 7.12 sits in the upper P/S ratio quartile, and Paychex (PAYX) at 10.04 prices even higher, above its industry range.
CTAS
Commercial & Professional Services industry group
7.12
- Max
- 7.33
- CTAS
- 7.12
- Q3
- 3.42
- Median
- 1.37
- Q1
- 0.74
- Min
- 0.13
PAYX
Commercial & Professional Services industry group
10.04
- PAYX
- 10.04
- Max
- 7.33
- Q3
- 3.42
- Median
- 1.37
- Q1
- 0.74
- Min
- 0.13
P/B Ratio (MRQ)
Both look rich against book: Paychex (PAYX) at 10.66 sits in the upper P/B ratio quartile, and Cintas (CTAS) at 15.60 prices even higher, above its industry range.
CTAS
Commercial & Professional Services industry group
15.60
- CTAS
- 15.60
- Max
- 10.74
- Q3
- 5.92
- Median
- 3.25
- Q1
- 1.95
- Min
- -2.86
PAYX
Commercial & Professional Services industry group
10.66
- Max
- 10.74
- PAYX
- 10.66
- Q3
- 5.92
- Median
- 3.25
- Q1
- 1.95
- Min
- -2.86
Valuation Metrics
| Metric | CTAS | PAYX |
|---|---|---|
| P/E Ratio (TTM) | 41.15 | 23.57 |
| P/S Ratio (TTM) | 7.12 | 10.04 |
| P/B Ratio (MRQ) | 15.60 | 10.66 |
| Free Cash Flow Yield (TTM) | 1.83% | -- |