Is CLS or PAYX cheaper?

On trailing earnings, PAYX is cheaper: CLS trades at a 37.12 P/E and PAYX at 23.44.

Which has grown faster, CLS or PAYX?

Over the past five years, CLS grew revenue faster — CLS at a 19.51% CAGR versus PAYX at 9.93%.

Does CLS or PAYX pay a bigger dividend?

PAYX pays a dividend (3.87% yield) while CLS does not currently pay one.

Is CLS or PAYX more profitable?

PAYX runs the higher net margin — CLS at 6.95% versus PAYX at 27.03%.

Which has been the better investment, CLS or PAYX?

Over the past 10-year, CLS delivered the higher annualized total return — CLS at 40.76% versus PAYX at 9.96%. Past performance doesn't predict future results.

Celestica Inc. (CLS) vs Paychex, Inc. (PAYX)

PAYX leads on 8 of 15 compared metrics.

A side-by-side comparison of Celestica Inc. and Paychex, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CLS

Celestica Inc.

$35.34B

$307.34TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT

PAYX

Paychex, Inc.

$40.97B

$115.20TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT

Total return — CLS vs PAYX

growth of $100 · dividends reinvested · last 28y

CLS +3178.3%PAYX +1228.8%CLS compounded faster

CLS PAYX

CLS vs PAYX: by the numbers

•PAYX is the larger company ($40.97B vs $35.34B market cap).
•PAYX trades at the lower earnings multiple (23.44 vs 37.12 P/E).
•PAYX converts more revenue to profit (27.03% vs 6.95% net margin).
•CLS grew revenue faster over the past five years (19.51% vs 9.93% CAGR).
•PAYX pays a dividend (3.87% yield) while CLS does not currently pay one.

Which is better, CLS or PAYX?

Metric tally: CLS 7 · PAYX 8

It depends on what you're optimizing for:

ValuePAYX(lower P/E)

GrowthCLS(faster 5Y revenue CAGR)

QualityCLS(higher ROIC)

Metrics side by side

Valuation

Metric	CLS	PAYX
P/E ratio	37.12	23.44●
Forward P/E	30.45	20.82●
P/S ratio	2.57●	6.29
P/B ratio	17.36	10.97●
PEG ratio	0.39●	3.21
EV / EBITDA	28.51	15.05●
FCF yield	1.39%	5.67%●

Profitability

Metric	CLS	PAYX
Gross margin	11.61%	74.29%●
Operating margin	7.84%	38.55%●
Net margin	6.95%	27.03%●
ROE	46.86%	47.12%
ROIC	27.74%●	20.49%

Dividends

Metric	CLS	PAYX
Dividend yield	—	3.87%
Payout ratio	—	90.41%

Growth (annualized)

Metric	CLS	PAYX
Revenue CAGR (5Y)	19.51%●	9.93%
EPS CAGR (5Y)	73.33%●	9.95%
FCF CAGR (5Y)	26.52%●	15.18%
Total return CAGR (5Y)	111.48%●	3.87%

Frequently asked

Which is better, CLS or PAYX?: It depends on your goal. value: PAYX (lower P/E); growth: CLS (faster 5Y revenue CAGR); quality: CLS (higher ROIC). Across all compared metrics, PAYX leads 8 to 7.
Is CLS or PAYX cheaper?: On trailing earnings, PAYX is cheaper: CLS trades at a 37.12 P/E and PAYX at 23.44.
Which has grown faster, CLS or PAYX?: Over the past five years, CLS grew revenue faster — CLS at a 19.51% CAGR versus PAYX at 9.93%.
Does CLS or PAYX pay a bigger dividend?: PAYX pays a dividend (3.87% yield) while CLS does not currently pay one.
Is CLS or PAYX more profitable?: PAYX runs the higher net margin — CLS at 6.95% versus PAYX at 27.03%.
Which has been the better investment, CLS or PAYX?: Over the past 10-year, CLS delivered the higher annualized total return — CLS at 40.76% versus PAYX at 9.96%. Past performance doesn't predict future results.

Go deeper

Full CLS analysis Full PAYX analysis Interactive comparison tool

Dig into the metrics

Celestica P/E ratio Paychex P/E ratio Celestica dividend yield Paychex dividend yield Celestica ROE Paychex ROE Celestica operating margin Paychex operating margin Celestica revenue growth Paychex revenue growth Celestica free cash flow Paychex free cash flow

Celestica & Paychex appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks

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 July 20, 2026.