ATI Inc. (ATI) vs Paychex, Inc. (PAYX)

PAYX leads on 14 of 16 compared metrics.

A side-by-side comparison of ATI Inc. and Paychex, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ATI vs PAYX

growth of $100 · last 27y
ATI +686.1%PAYX +283.9%ATI compounded faster
0200400600800Start $10020042009201420192024$786$384
ATI PAYX

ATI vs PAYX: by the numbers

  • PAYX is the larger company ($36.05B vs $27.09B market cap).
  • PAYX trades at the lower earnings multiple (22.21 vs 65.72 P/E).
  • PAYX converts more revenue to profit (25.84% vs 9.26% net margin).
  • PAYX grew revenue faster over the past five years (9.95% vs 8.60% CAGR).
  • PAYX pays a dividend (4.40% yield) while ATI does not currently pay one.

Which is better, ATI or PAYX?

Metric tally: ATI 2 · PAYX 14

It depends on what you're optimizing for:

ValuePAYX(lower P/E)
GrowthPAYX(faster 5Y revenue CAGR)
QualityPAYX(higher ROIC)

Valuation

MetricATIPAYX
P/E ratio65.7222.21
Forward P/E37.0018.31
P/S ratio6.025.73
P/B ratio15.639.04
PEG ratio11.282.61
EV / EBITDA35.9613.96
FCF yield2.00%5.93%

Profitability

MetricATIPAYX
Gross margin22.53%73.93%
Operating margin14.47%36.90%
Net margin9.26%25.84%
ROE24.03%40.78%
ROIC12.27%16.77%

Dividends

MetricATIPAYX
Dividend yield4.40%
Payout ratio96.30%

Growth (annualized)

MetricATIPAYX
Revenue CAGR (5Y)8.60%9.95%
EPS CAGR (5Y)6.43%8.50%
FCF CAGR (5Y)73.92%13.61%
Total return CAGR (5Y)52.80%2.18%

Frequently asked

Which is better, ATI or PAYX?
It depends on your goal. value: PAYX (lower P/E); growth: PAYX (faster 5Y revenue CAGR); quality: PAYX (higher ROIC). Across all compared metrics, PAYX leads 14 to 2.
Is ATI or PAYX cheaper?
On trailing earnings, PAYX is cheaper: ATI trades at a 65.72 P/E and PAYX at 22.21.
Which has grown faster, ATI or PAYX?
Over the past five years, PAYX grew revenue faster — ATI at a 8.60% CAGR versus PAYX at 9.95%.
Does ATI or PAYX pay a bigger dividend?
PAYX pays a dividend (4.40% yield) while ATI does not currently pay one.
Is ATI or PAYX more profitable?
PAYX runs the higher net margin — ATI at 9.26% versus PAYX at 25.84%.
Which has been the better investment, ATI or PAYX?
Over the past 10-year, ATI delivered the higher annualized total return — ATI at 30.94% versus PAYX at 9.63%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.