Paychex (PAYX) Asset Utilization Ratio (2009 - 2026)
Paychex's (PAYX) Asset Utilization Ratio stood at 0.41 in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 19.0% from 0.35 a year earlier and up 7.3% from the prior quarter.
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Analysis
Paychex (PAYX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Paychex's Asset Utilization Ratio came in at 0.40, down 3.8% from FY2025.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.41 in FY2025 (-18.0%), 0.50 in FY2024 (+1.6%), 0.50 in FY2023 (+1.5%) and 0.49 in FY2022 (+7.1%).
- The fiscal Q1 2027 figure is the highest quarterly Asset Utilization Ratio since fiscal Q3 2025.
- On a year-over-year basis, Asset Utilization Ratio rose in three of the last eight quarters, with an average decline of 5.2%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 20.2% in fiscal Q3 2025, against a decline of 31.5% in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.39 (Q4 2026), 0.37 (Q3 2026) and 0.36 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 0.56 |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 0.25 |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 0.52 |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 0.41 |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 0.53 |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 0.34 |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 0.56 |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | 0.01 |
| 10 | Paychex | 39.41 Bn | 34.49 Bn | 1.20 Bn | 0.41 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.41 |
| May 31, 2026 | 0.39 |
| Feb 28, 2026 | 0.37 |
| Nov 30, 2025 | 0.36 |
| Aug 31, 2025 | 0.35 |
| May 31, 2025 | 0.40 |
| Feb 28, 2025 | 0.50 |
| Nov 30, 2024 | 0.51 |
| Aug 31, 2024 | 0.51 |
| May 31, 2024 | 0.45 |
| Feb 29, 2024 | 0.42 |
| Nov 30, 2023 | 0.43 |
| Aug 31, 2023 | 0.45 |
| May 31, 2023 | 0.47 |
| Feb 28, 2023 | 0.50 |
| Nov 30, 2022 | 0.53 |
| Aug 31, 2022 | 0.50 |
| May 31, 2022 | 0.46 |
| Feb 28, 2022 | 0.45 |
| Nov 30, 2021 | 0.45 |
API Access
Paychex Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();