PAYX vs. RSG: Paychex vs. Republic Services Stock Comparison

June 13, 2026

This page compares Paychex (PAYX) with Republic Services (RSG) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

PAYX

RSG

Paychex (PAYX) vs. Republic Services (RSG): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Paychex (PAYX) and Republic Services (RSG). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
1-Year Return	-31.74%	-15.74%

Risk

Drawdown

PAYX

RSG

Paychex (PAYX) vs. Republic Services (RSG): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
1-Year Volatility	26.83%	18.64%
Beta	0.83	0.40
3-Month Avg. Volume	3.57M	1.68M

Company Profile

Paychex (PAYX) and Republic Services (RSG) both fall under the Commercial & Professional Services industry group, but PAYX is classified in Professional Services while RSG is classified in Commercial Services & Supplies.

Company profile comparison for Paychex (PAYX) and Republic Services (RSG)
Profile Item	PAYX	RSG
Name	Paychex Inc.	Republic Services, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Commercial & Professional Services	Commercial & Professional Services
GICS Industry	Professional Services	Commercial Services & Supplies
GICS Sub-Industry	Human Resource & Employment Services	Environmental & Facilities Services
Market Capitalization	36.05 billion USD	64.58 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	August 26, 1983	July 1, 1998
Security Type	Common Stock	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Both Paychex (PAYX) at 22.21 and Republic Services (RSG) at 30.12 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

PAYX

Commercial & Professional Services industry group

22.21

Max: 67.87
Q3: 37.72
PAYX: 22.21
Median: 21.61
Q1: 14.71
Min: 4.85

RSG

Commercial & Professional Services industry group

30.12

Max: 67.87
Q3: 37.72
RSG: 30.12
Median: 21.61
Q1: 14.71
Min: 4.85

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

Price-to-Sales Ratio (TTM)

Both look expensive on sales: Republic Services (RSG) at 3.87 sits in the upper P/S ratio quartile, and Paychex (PAYX) at 9.09 prices even higher, above its industry range.

PAYX

Commercial & Professional Services industry group

9.09

PAYX: 9.09
Max: 6.40
Q3: 3.14
Median: 1.30
Q1: 0.66
Min: 0.09

RSG

Commercial & Professional Services industry group

3.87

Max: 6.40
RSG: 3.87
Q3: 3.14
Median: 1.30
Q1: 0.66
Min: 0.09

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

Price-to-Book Ratio (MRQ)

Republic Services (RSG) at 5.40 is valued about in line with its industry on P/B ratio, while Paychex (PAYX) at 8.98 carries an above-peer premium to book — PAYX is pricier on assets.

PAYX

Commercial & Professional Services industry group

8.98

PAYX: 8.98
Max: 8.98
Q3: 5.88
Median: 2.95
Q1: 1.89
Min: -2.68

RSG

Commercial & Professional Services industry group

5.40

Max: 8.98
Q3: 5.88
RSG: 5.40
Median: 2.95
Q1: 1.89
Min: -2.68

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation at a Glance

Valuation metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
Price-to-Earnings Ratio (TTM)	22.21	30.12
Price-to-Sales Ratio (TTM)	9.09	3.87
Price-to-Book Ratio (MRQ)	8.98	5.40
Free Cash Flow Yield	--	2.80%

Profitability

Return on Equity (TTM)

Capital efficiency shows on one side only: Republic Services (RSG) earns 18.35% on shareholders’ equity, ranked against its industry; Paychex (PAYX) has no ROE this period.

PAYX

Commercial & Professional Services industry group

Max: 53.04%
Q3: 25.65%
Median: 13.99%
Q1: 2.65%
Min: -26.88%
PAYX: --

RSG

Commercial & Professional Services industry group

18.35%

Max: 53.04%
Q3: 25.65%
RSG: 18.35%
Median: 13.99%
Q1: 2.65%
Min: -26.88%

Paychex (PAYX) vs. Republic Services (RSG): PAYX does not report ROE, so it has no value marker; RSG is benchmarked against the Commercial & Professional Services industry group.

Net Profit Margin (TTM)

For every dollar of sales, both Paychex (PAYX) at 26.63% and Republic Services (RSG) at 12.99% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

PAYX

Commercial & Professional Services industry group

26.63%

PAYX: 26.63%
Max: 26.63%
Q3: 11.56%
Median: 6.26%
Q1: 1.18%
Min: -13.34%

RSG

Commercial & Professional Services industry group

12.99%

Max: 26.63%
RSG: 12.99%
Q3: 11.56%
Median: 6.26%
Q1: 1.18%
Min: -13.34%

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Profit Margin (TTM)

Paychex (PAYX) at 44.38% shows unusually strong operating efficiency — above its industry’s operating margin range — and Republic Services (RSG) at 20.20% also operates in the top quartile.

PAYX

Commercial & Professional Services industry group

44.38%

PAYX: 44.38%
Max: 37.53%
Q3: 17.67%
Median: 9.37%
Q1: 3.13%
Min: -4.52%

RSG

Commercial & Professional Services industry group

20.20%

Max: 37.53%
RSG: 20.20%
Q3: 17.67%
Median: 9.37%
Q1: 3.13%
Min: -4.52%

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability at a Glance

Profitability metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
Return on Equity (TTM)	--	18.35%
Return on Assets (TTM)	--	6.18%
Net Profit Margin (TTM)	26.63%	12.99%
Operating Profit Margin (TTM)	44.38%	20.20%
Gross Profit Margin (TTM)	67.20%	43.05%

Growth

Revenue Growth

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
1-Year Revenue Growth	5.56%	3.49%
3-Year Revenue CAGR	6.51%	7.08%

EPS Growth

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
1-Year EPS Growth	-1.93%	5.55%
3-Year EPS CAGR	6.05%	13.46%

Financial Strength

Current Ratio (MRQ)

Paychex (PAYX) at 1.15 keeps current ratio within its industry’s typical mid-range, while Republic Services (RSG) at 0.67 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RSG.

PAYX

Commercial & Professional Services industry group

1.15

Max: 3.17
Q3: 2.01
Median: 1.51
PAYX: 1.15
Q1: 1.13
Min: 0.45

RSG

Commercial & Professional Services industry group

0.67

Max: 3.17
Q3: 2.01
Median: 1.51
Q1: 1.13
RSG: 0.67
Min: 0.45

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Both Paychex (PAYX) at 1.25 and Republic Services (RSG) at 1.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

PAYX

Commercial & Professional Services industry group

1.25

Max: 2.61
Q3: 1.39
PAYX: 1.25
Median: 0.94
Q1: 0.45
Min: 0.01

RSG

Commercial & Professional Services industry group

1.18

Max: 2.61
Q3: 1.39
RSG: 1.18
Median: 0.94
Q1: 0.45
Min: 0.01

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their debt-to-equity ratio against the Commercial & Professional Services industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
Current Ratio (MRQ)	1.15	0.67
Debt-to-Equity Ratio (MRQ)	1.25	1.18
Net Debt / EBITDA	2.01	2.69

Dividends

Dividend Yield (TTM)

Paychex (PAYX) at 4.73% delivers top-quartile income for its industry, while Republic Services (RSG) at 1.19% pays a more typical yield — both are credible income propositions, PAYX the richer one.

PAYX

Commercial & Professional Services industry group

4.73%

Max: 5.49%
PAYX: 4.73%
Q3: 2.30%
Median: 0.97%
Q1: 0.00%
Min: 0.00%

RSG

Commercial & Professional Services industry group

1.19%

Max: 5.49%
Q3: 2.30%
RSG: 1.19%
Median: 0.97%
Q1: 0.00%
Min: 0.00%

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Republic Services (RSG) at 35.22% keeps its payout in the industry’s typical band, while Paychex (PAYX) at 95.36% pays out more than any of its peers — the most stretched cover in its group.

PAYX

Commercial & Professional Services industry group

95.36%

PAYX: 95.36%
Max: 79.70%
Q3: 36.60%
Median: 16.11%
Q1: 0.00%
Min: 0.00%

RSG

Commercial & Professional Services industry group

35.22%

Max: 79.70%
Q3: 36.60%
RSG: 35.22%
Median: 16.11%
Q1: 0.00%
Min: 0.00%

Paychex (PAYX) vs. Republic Services (RSG): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividends at a Glance

Dividend metrics for Paychex (PAYX) and Republic Services (RSG)
Metric	PAYX	RSG
Dividend Yield (TTM)	4.73%	1.19%
Dividend Payout Ratio (TTM)	95.36%	35.22%