PAYX vs. TTEK: Paychex vs. Tetra Tech Stock Comparison
How do Paychex (PAYX) and Tetra Tech (TTEK) 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
Paychex (PAYX) and Tetra Tech (TTEK) both fall under the Commercial & Professional Services industry group, but PAYX is classified in Professional Services while TTEK is classified in Commercial Services & Supplies.
| Profile Item | PAYX | TTEK |
|---|---|---|
| Name | Paychex Inc. | Tetra Tech 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 | 41.67 billion USD | 10.32 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | August 26, 1983 | December 17, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Total Return (1Y) | 7.76% | 29.45% |
| Total Return (3Y, Annualized) | 4.26% | 11.17% |
| Total Return (5Y, Annualized) | 1.96% | 3.89% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Volatility (1Y, Annualized) | 30.84% | 37.39% |
| Beta (5Y) | 0.79 | 0.84 |
| Max Drawdown (5Y) | -44.95% | -47.50% |
| Avg. Volume (3M) | 2.88M | 2.25M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Sharpe Ratio (1Y) | 0.11 | 0.67 |
| Sortino Ratio (1Y) | 0.16 | 1.02 |
Profitability
ROE (TTM)
Paychex (PAYX) at 47.06% sits in the top ROE quartile, while Tetra Tech (TTEK) at 24.30% is closer to the peer norm — stronger capital efficiency for PAYX.
PAYX
Commercial & Professional Services industry group
47.06%
- PAYX
- 47.06%
- Max
- 47.06%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
TTEK
Commercial & Professional Services industry group
24.30%
- Max
- 47.06%
- Q3
- 25.43%
- TTEK
- 24.30%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
Net Margin (TTM)
Paychex (PAYX) at 27.35% converts revenue to bottom-line profit above its industry’s benchmark range, while Tetra Tech (TTEK) at 10.00% keeps roughly the typical share for its industry.
PAYX
Commercial & Professional Services industry group
27.35%
- PAYX
- 27.35%
- Max
- 23.28%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
TTEK
Commercial & Professional Services industry group
10.00%
- Max
- 23.28%
- Q3
- 11.35%
- TTEK
- 10.00%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
Operating Margin (TTM)
Paychex (PAYX) at 38.50% operates in the top operating margin quartile, ahead of Tetra Tech (TTEK) at 14.25%, which runs around its industry’s norm.
PAYX
Commercial & Professional Services industry group
38.50%
- PAYX
- 38.50%
- Max
- 38.50%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
TTEK
Commercial & Professional Services industry group
14.25%
- Max
- 38.50%
- Q3
- 18.84%
- TTEK
- 14.25%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
Profitability Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| ROE (TTM) | 47.06% | 24.30% |
| ROA (TTM) | 10.19% | 8.54% |
| Net Margin (TTM) | 27.35% | 10.00% |
| Operating Margin (TTM) | 38.50% | 14.25% |
| Gross Margin (TTM) | 74.39% | 21.84% |
Growth
Revenue Growth
Paychex (PAYX) at 16.88% sits in the top revenue growth quartile, while Tetra Tech (TTEK) at 4.69% is closer to the peer norm — faster top-line expansion for PAYX.
EPS Growth
Both Paychex (PAYX) at 6.77% and Tetra Tech (TTEK) at -24.39% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Revenue Growth (YoY) | 16.88% | 4.69% |
| Revenue Growth (3Y CAGR) | 9.15% | 15.81% |
| EPS Growth (YoY) | 6.77% | -24.39% |
| EPS Growth (3Y CAGR) | 4.38% | -1.46% |
Financial Strength
Current Ratio (MRQ)
Both Paychex (PAYX) at 1.28 and Tetra Tech (TTEK) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
PAYX
Commercial & Professional Services industry group
1.28
- Max
- 3.63
- Q3
- 2.14
- Median
- 1.55
- PAYX
- 1.28
- Q1
- 1.09
- Min
- 0.45
TTEK
Commercial & Professional Services industry group
1.18
- Max
- 3.63
- Q3
- 2.14
- Median
- 1.55
- TTEK
- 1.18
- Q1
- 1.09
- Min
- 0.45
Debt / Equity (MRQ)
Both Paychex (PAYX) at 1.25 and Tetra Tech (TTEK) at 0.55 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PAYX
Commercial & Professional Services industry group
1.25
- Max
- 2.37
- Q3
- 1.25
- PAYX
- 1.25
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
TTEK
Commercial & Professional Services industry group
0.55
- Max
- 2.37
- Q3
- 1.25
- Median
- 0.88
- TTEK
- 0.55
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Current Ratio (MRQ) | 1.28 | 1.18 |
| Debt / Equity (MRQ) | 1.25 | 0.55 |
| Net Debt / EBITDA | 1.20 | 1.21 |
Dividends
Dividend Yield (TTM)
Paychex (PAYX) at 3.80% delivers top-quartile income for its industry, while Tetra Tech (TTEK) at 0.66% pays a more typical yield — both are credible income propositions, PAYX the richer one.
PAYX
Commercial & Professional Services industry group
3.80%
- Max
- 4.33%
- PAYX
- 3.80%
- Q3
- 1.80%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
TTEK
Commercial & Professional Services industry group
0.66%
- Max
- 4.33%
- Q3
- 1.80%
- TTEK
- 0.66%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Tetra Tech (TTEK) at 16.08% pays out a band-typical share of earnings, while Paychex (PAYX) at 90.08% distributes more than its industry norm — less retained, thinner cover.
PAYX
Commercial & Professional Services industry group
90.08%
- Max
- 99.58%
- PAYX
- 90.08%
- Q3
- 41.99%
- Median
- 17.27%
- Q1
- 0.00%
- Min
- -17.94%
TTEK
Commercial & Professional Services industry group
16.08%
- Max
- 99.58%
- Q3
- 41.99%
- Median
- 17.27%
- TTEK
- 16.08%
- Q1
- 0.00%
- Min
- -17.94%
Dividend Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| Dividend Yield (TTM) | 3.80% | 0.66% |
| Dividend Payout Ratio (TTM) | 90.08% | 16.08% |
Valuation
P/E Ratio (TTM)
Both Paychex (PAYX) at 23.23 and Tetra Tech (TTEK) at 24.27 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
23.23
- Max
- 49.47
- Q3
- 33.76
- Median
- 24.16
- PAYX
- 23.23
- Q1
- 16.01
- Min
- 1.89
TTEK
Commercial & Professional Services industry group
24.27
- Max
- 49.47
- Q3
- 33.76
- TTEK
- 24.27
- Median
- 24.16
- Q1
- 16.01
- Min
- 1.89
P/S Ratio (TTM)
Tetra Tech (TTEK) at 2.37 is priced about in line with its industry on P/S ratio, while Paychex (PAYX) at 6.31 sits in the pricier quartile — PAYX costs more per dollar of sales.
PAYX
Commercial & Professional Services industry group
6.31
- Max
- 7.17
- PAYX
- 6.31
- Q3
- 3.35
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
TTEK
Commercial & Professional Services industry group
2.37
- Max
- 7.17
- Q3
- 3.35
- TTEK
- 2.37
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
P/B Ratio (MRQ)
Tetra Tech (TTEK) at 5.57 is valued about in line with its industry on P/B ratio, while Paychex (PAYX) at 11.25 carries an above-peer premium to book — PAYX is pricier on assets.
PAYX
Commercial & Professional Services industry group
11.25
- PAYX
- 11.25
- Max
- 11.25
- Q3
- 6.08
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
TTEK
Commercial & Professional Services industry group
5.57
- Max
- 11.25
- Q3
- 6.08
- TTEK
- 5.57
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
Valuation Metrics
| Metric | PAYX | TTEK |
|---|---|---|
| P/E Ratio (TTM) | 23.23 | 24.27 |
| P/S Ratio (TTM) | 6.31 | 2.37 |
| P/B Ratio (MRQ) | 11.25 | 5.57 |
| Free Cash Flow Yield (TTM) | 4.53% | 3.84% |