Paychex EBITDA
What is the EBITDA of Paychex?
The EBITDA of Paychex Inc. is $2.210B
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Industrials sector on NASDAQ compared to Paychex
What does Paychex do?
paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.
Companies with ebitda similar to Paychex
- Ternium S.A has EBITDA of $2.204B
- Standard Life Aberdeen Plc has EBITDA of £2.204B
- Ball has EBITDA of $2.205B
- Prudential has EBITDA of $2.205B
- Betterware de Mexico, S.A.P.I. de C.V has EBITDA of MXN$2.205B
- KSB has EBITDA of ₨2.208B
- Paychex has EBITDA of $2.210B
- Willis Towers Watson Public has EBITDA of $2.210B
- Lincoln National has EBITDA of $2.210B
- Filatex India has EBITDA of ₨2.210B
- S H Kelkar and has EBITDA of ₨2.216B
- Seshasayee Paper and Boards has EBITDA of ₨2.217B
- CGI has EBITDA of CAD$2.217B