EMCOR Group, Inc. (EME) vs Paychex, Inc. (PAYX)
A side-by-side comparison of EMCOR Group, Inc. and Paychex, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
EME
EMCOR Group, Inc.
$751.96IndustrialsDelayed quote: Sep 24, 2026, 4:00 PM EDT
PAYX
Paychex, Inc.
$101.59IndustrialsDelayed quote: Sep 24, 2026, 4:00 PM EDT
Total return — EME vs PAYX
growth of $100 · dividends reinvested · last 10yEME +1300.0% (+30.2%/yr)PAYX +171.2% (+10.5%/yr)EME compounded faster over this window
Log scale — wide-divergence pair
EME PAYX
EME vs PAYX: by the numbers
- •PAYX is the larger company ($36.13B vs $33.17B market cap).
- •PAYX trades at the lower trailing earnings multiple (20.82 vs 23.49 P/E), one valuation lens rather than an overall verdict.
- •PAYX converts more revenue to profit (27.03% vs 7.72% net margin).
- •EME grew revenue faster over the past five years (15.06% vs 9.93% CAGR).
- •PAYX pays the higher dividend yield (3.92% vs 0.19%).
Metrics side by side
Valuation
| Metric | EME | PAYX |
|---|---|---|
| P/E ratio | 23.49 | 20.82 |
| Forward P/E | 22.82 | 17.04 |
| P/S ratio | 1.78 | 5.55 |
| P/B ratio | 8.13 | 9.67 |
| EV / EBITDA | 15.76 | 13.42 |
| FCF yield | 3.53% | 6.43% |
Profitability
| Metric | EME | PAYX |
|---|---|---|
| Gross margin | 19.66% | 74.29% |
| Operating margin | 10.15% | 38.55% |
| Net margin | 7.72% | 27.03% |
| ROE | 35.21% | 47.12% |
| ROIC | 26.94% | 20.44% |
Dividends
| Metric | EME | PAYX |
|---|---|---|
| Dividend yield | 0.19% | 3.92% |
| Payout ratio | 4.53% | 93.03% |
Growth (annualized)
| Metric | EME | PAYX |
|---|---|---|
| Revenue CAGR (5Y) | 15.06% | 9.93% |
| EPS CAGR (5Y) | 63.55% | 9.95% |
| FCF CAGR (5Y) | 19.34% | 15.18% |
| Total return CAGR (5Y) | 46.64% | 4.15% |
Frequently asked
- Which has the lower trailing P/E, EME or PAYX?
- PAYX has the lower trailing P/E: EME trades at 23.49 and PAYX at 20.82. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EME or PAYX?
- Over the past five years, EME grew revenue faster — EME at a 15.06% CAGR versus PAYX at 9.93%.
- Does EME or PAYX pay a bigger dividend?
- EME yields 0.19% and PAYX yields 3.92% based on trailing dividends and the latest price.
- Is EME or PAYX more profitable?
- PAYX runs the higher net margin — EME at 7.72% versus PAYX at 27.03%.
- How have EME and PAYX total returns compared?
- Over the past 10 years, EME delivered 30.69% and PAYX delivered 10.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
EMCOR P/E ratioPaychex P/E ratioEMCOR dividend yieldPaychex dividend yieldEMCOR ROEPaychex ROEEMCOR operating marginPaychex operating marginEMCOR revenue growthPaychex revenue growthEMCOR free cash flowPaychex free cash flow
EMCOR & Paychex appear in these rankings
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 September 13, 2026.