PAYX vs TTEK
Paychex Inc. and Tetra Tech Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PAYX | TTEK |
|---|---|---|
| Revenue | $6.5B | $5.4B |
| Net income | $1.8B | $247.9M |
| Gross margin | 74.3% | 17.7% |
| Net margin | 27.0% | 4.6% |
| Return on equity | 44.8% | 13.7% |
| Diluted EPS | $4.89 | $0.93 |
| Dividend / share | $4.43 | $0.25 |
| Payout ratio | 90.3% | 26.2% |
| Free cash flow | $2.3B | $439.1M |
| Equity | $3.7B | $1.8B |
| Net debt / equity | 0.93× | 0.33× |
| Current ratio | 1.26× | 1.18× |
| Revenue CAGR 5y | 9.9% | 12.7% |
| Profit CAGR 5y | · | 7.4% |
PAYX bills 1.2× the revenue of TTEK, and keeps more of each dollar of revenue as profit (27.0% against 4.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PAYX | TTEK |
|---|---|---|
| FY2025 | $6.5B | $5.4B |
| FY2024 | $5.6B | $5.2B |
| FY2023 | $5.3B | $4.5B |
| FY2022 | $5.0B | $3.5B |
| FY2021 | $4.6B | $3.2B |
| FY2020 | $4.1B | $3.0B |
| FY2019 | $4.0B | $3.1B |
| FY2018 | $3.8B | $3.0B |
| FY2017 | $3.4B | $2.8B |
| FY2016 | $3.2B | $2.6B |
Bottom line
| Fiscal year | PAYX | TTEK |
|---|---|---|
| FY2025 | $1.8B | $247.9M |
| FY2024 | $1.7B | $333.4M |
| FY2023 | $1.7B | $273.5M |
| FY2022 | $1.6B | $263.2M |
| FY2021 | $1.4B | $232.8M |
| FY2020 | $1.1B | $173.9M |
| FY2019 | $1.1B | $158.8M |
| FY2018 | $1.0B | $137.0M |
| FY2017 | $994.1M | $117.9M |
| FY2016 | $826.3M | $83.9M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,069,410,000 | PAYX |
| FY2024 | +$373,021,000 | PAYX |
| FY2023 | +$755,750,000 | PAYX |
| FY2022 | +$1,503,052,000 | PAYX |
| FY2021 | +$1,398,187,000 | PAYX |
| FY2020 | +$1,061,909,000 | PAYX |
| FY2019 | +$933,152,000 | PAYX |
| FY2018 | +$808,352,000 | PAYX |
| FY2017 | +$624,340,000 | PAYX |
| FY2016 | +$569,531,000 | PAYX |
| FY2015 | +$652,579,000 | PAYX |
| FY2014 | +$255,786,000 | PAYX |
| FY2013 | −$94,855,000 | TTEK |
| FY2012 | −$384,875,000 | TTEK |
| FY2011 | −$343,344,000 | TTEK |
| FY2010 | −$116,932,000 | TTEK |
| FY2009 | −$286,684,000 | TTEK |
| FY2008 | −$62,454,000 | TTEK |
The higher-revenue side has changed between PAYX and TTEK over this period. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +22.5 pp | PAYX |
| FY2024 | +23.3 pp | PAYX |
| FY2023 | +26.0 pp | PAYX |
| FY2022 | +23.6 pp | PAYX |
| FY2021 | +23.0 pp | PAYX |
| FY2014 | +20.3 pp | PAYX |
| FY2013 | +25.0 pp | PAYX |
| FY2012 | +20.6 pp | PAYX |
| FY2011 | +21.0 pp | PAYX |
| FY2010 | +21.2 pp | PAYX |
| FY2009 | +20.0 pp | PAYX |
| FY2008 | +22.8 pp | PAYX |
PAYX has kept the higher net margin in every one of these 12 fiscal years.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PAYX's net margin has been more volatile than TTEK's over the 12 comparable fiscal years — 2.9 percentage points of standard deviation against 2.0.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PAYX led in net margin in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TTEK's return on equity has been more volatile than PAYX's over the 18 comparable fiscal years — 5.6 percentage points of standard deviation against 4.2.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PAYX led in return on equity in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.