PAYX
Paychex Inc
Price:  
121.99 
USD
Volume:  
1,144,904.00
United States | IT Services
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Paychex WACC - Weighted Average Cost of Capital

The WACC of Paychex Inc (PAYX) is 8.2%.

The Cost of Equity of Paychex Inc (PAYX) is 8.30%.
The Cost of Debt of Paychex Inc (PAYX) is 4.55%.

Range Selected
Cost of equity 7.00% - 9.60% 8.30%
Tax rate 23.60% - 23.80% 23.70%
Cost of debt 4.50% - 4.60% 4.55%
WACC 6.9% - 9.5% 8.2%
WACC

Paychex WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.68 0.85
Additional risk adjustments 0.0% 0.5%
Cost of equity 7.00% 9.60%
Tax rate 23.60% 23.80%
Debt/Equity ratio 0.02 0.02
Cost of debt 4.50% 4.60%
After-tax WACC 6.9% 9.5%
Selected WACC 8.2%