Paychex (PAYX) Asset Utilization Ratio (2009 - 2026)
Paychex (PAYX) posted Asset Utilization Ratio of 0.38 for Q2 2026, up 5.81% sequentially from 0.36 in Q1 2026, and down 0.93% YoY from 0.38 in Q2 2025.
Paychex (PAYX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Paychex has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.38 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 0.93% year-over-year to 0.38 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.38 (down 0.93% YoY) and the FY2026 annual result came in at 0.38, down 4.13% from the prior year.
- Asset Utilization Ratio rose to 0.38 in Q2 2026 per PAYX's latest filing, from 0.36 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.52 in Q4 2022 and troughed at 0.33 in Q3 2025.
- A 5-year average of 0.43 and a median of 0.44 in 2022 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 17.35% in 2025, down 31.55% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.52 in 2022, then retreated by 20.49% to 0.41 in 2023, then gained by 16.98% to 0.49 in 2024, then decreased by 28.86% to 0.35 in 2025, then rose by 9.35% to 0.38 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.38, 0.36, and 0.35 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.52 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.93 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.39 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.53 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.57 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.34 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.85 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.57 |
| 10 | Paychex | 43.39 Bn | 42.27 Bn | 1.14 Bn | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.38 |
| Feb 28, 2026 | 0.36 |
| Nov 30, 2025 | 0.35 |
| Aug 31, 2025 | 0.33 |
| May 31, 2025 | 0.38 |
| Feb 28, 2025 | 0.48 |
| Nov 30, 2024 | 0.49 |
| Aug 31, 2024 | 0.48 |
| May 31, 2024 | 0.43 |
| Feb 29, 2024 | 0.41 |
| Nov 30, 2023 | 0.41 |
| Aug 31, 2023 | 0.44 |
| May 31, 2023 | 0.47 |
| Feb 28, 2023 | 0.49 |
| Nov 30, 2022 | 0.52 |
| Aug 31, 2022 | 0.50 |
| May 31, 2022 | 0.46 |
| Feb 28, 2022 | 0.45 |
| Nov 30, 2021 | 0.45 |
| Aug 31, 2021 | 0.45 |