Is PAYX or UAL cheaper?

On trailing earnings, UAL is cheaper: PAYX trades at a 22.27 P/E and UAL at 10.71.

Which has grown faster, PAYX or UAL?

Over the past five years, UAL grew revenue faster — PAYX at a 9.95% CAGR versus UAL at 41.67%.

Does PAYX or UAL pay a bigger dividend?

PAYX pays a dividend (4.39% yield) while UAL does not currently pay one.

Is PAYX or UAL more profitable?

PAYX runs the higher net margin — PAYX at 25.84% versus UAL at 6.06%.

Which has been the better investment, PAYX or UAL?

Over the past 10-year, UAL delivered the higher annualized total return — PAYX at 9.68% versus UAL at 10.84%. Past performance doesn't predict future results.

Paychex, Inc. (PAYX) vs United Airlines Holdings, Inc. (UAL)

UAL leads on 10 of 16 compared metrics.

A side-by-side comparison of Paychex, Inc. and United Airlines Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

United Airlines Holdings, Inc.

$38.94B

$119.97Industrials

Total return — PAYX vs UAL

growth of $100 · last 20y

PAYX +177.3%UAL +280.0%UAL compounded faster

PAYX UAL

PAYX vs UAL: by the numbers

•UAL is the larger company ($38.94B vs $36.15B market cap).
•UAL trades at the lower earnings multiple (10.71 vs 22.27 P/E).
•PAYX converts more revenue to profit (25.84% vs 6.06% net margin).
•UAL grew revenue faster over the past five years (41.67% vs 9.95% CAGR).
•PAYX pays a dividend (4.39% yield) while UAL does not currently pay one.

Which is better, PAYX or UAL?

Metric tally: PAYX 6 · UAL 10

It depends on what you're optimizing for:

ValueUAL(lower P/E)

GrowthUAL(faster 5Y revenue CAGR)

QualityPAYX(higher ROIC)

Metrics side by side

Valuation

Metric	PAYX	UAL
P/E ratio	22.27	10.71●
Forward P/E	18.37	8.32●
P/S ratio	5.74	0.65●
P/B ratio	9.07	2.47●
PEG ratio	2.62	1.66●
EV / EBITDA	14.00	7.17●
FCF yield	5.91%	8.18%●

Profitability

Metric	PAYX	UAL
Gross margin	73.93%●	64.24%
Operating margin	36.90%●	8.44%
Net margin	25.84%●	6.06%
ROE	40.78%●	23.09%
ROIC	16.77%●	6.63%

Dividends

Metric	PAYX	UAL
Dividend yield	4.39%	—
Payout ratio	96.30%	—

Growth (annualized)

Metric	PAYX	UAL
Revenue CAGR (5Y)	9.95%	41.67%●
EPS CAGR (5Y)	8.50%●	-2.15%
FCF CAGR (5Y)	13.61%	61.78%●
Total return CAGR (5Y)	2.37%	16.76%●

Frequently asked

Which is better, PAYX or UAL?: It depends on your goal. value: UAL (lower P/E); growth: UAL (faster 5Y revenue CAGR); quality: PAYX (higher ROIC). Across all compared metrics, UAL leads 10 to 6.
Is PAYX or UAL cheaper?: On trailing earnings, UAL is cheaper: PAYX trades at a 22.27 P/E and UAL at 10.71.
Which has grown faster, PAYX or UAL?: Over the past five years, UAL grew revenue faster — PAYX at a 9.95% CAGR versus UAL at 41.67%.
Does PAYX or UAL pay a bigger dividend?: PAYX pays a dividend (4.39% yield) while UAL does not currently pay one.
Is PAYX or UAL more profitable?: PAYX runs the higher net margin — PAYX at 25.84% versus UAL at 6.06%.
Which has been the better investment, PAYX or UAL?: Over the past 10-year, UAL delivered the higher annualized total return — PAYX at 9.68% versus UAL at 10.84%. Past performance doesn't predict future results.

Go deeper

Full PAYX analysis Full UAL analysis Interactive comparison tool

Dig into the metrics

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

Paychex & United Airlines appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin 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 June 15, 2026.