Which has the lower trailing P/E, EME or PAYX?

PAYX has the lower trailing P/E: EME trades at 24.83 and PAYX at 23.94. 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 0.18% and PAYX yields 3.79% 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 30.98% and PAYX delivered 10.39% annualized total return. Past performance doesn't predict future results.

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 August 2, 2026. Differences are shown without an overall score or investment verdict.

EME

EMCOR Group, Inc.

$35.17B

$797.43IndustrialsAt close: Jul 31, 2026, 4:00 PM ET

PAYX

Paychex, Inc.

$41.56B

$116.84IndustrialsAt close: Jul 31, 2026, 4:00 PM ET

Total return — EME vs PAYX

growth of $100 · dividends reinvested · last 30y

EME +21820.5%PAYX +2759.2%EME compounded faster

Log scale — wide-divergence pair

EME PAYX

EME vs PAYX: by the numbers

•PAYX is the larger company ($41.56B vs $35.17B market cap).
•PAYX trades at the lower trailing earnings multiple (23.94 vs 24.83 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 (3.79% vs 0.18%).

Metrics side by side

Valuation

Metric	EME	PAYX
P/E ratio	24.83	23.94
Forward P/E	25.90	21.27
P/S ratio	1.71	6.43
P/B ratio	7.84	11.21
PEG ratio	0.71	3.21
EV / EBITDA	15.41	15.35
FCF yield	3.56%	5.55%

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	24.16%	20.49%

Dividends

Metric	EME	PAYX
Dividend yield	0.18%	3.79%
Payout ratio	5.14%	90.41%

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)	46.06%	3.68%

Frequently asked

Which has the lower trailing P/E, EME or PAYX?: PAYX has the lower trailing P/E: EME trades at 24.83 and PAYX at 23.94. 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 0.18% and PAYX yields 3.79% 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 30.98% and PAYX delivered 10.39% annualized total return. Past performance doesn't predict future results.

Go deeper

Full EME analysis Full PAYX analysis Interactive comparison tool

Dig into the metrics

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

EMCOR & 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 August 2, 2026.