Paychex (PAYX) Asset Utilization Ratio (2009 - 2026)
Paychex (PAYX) reported Asset Utilization Ratio of 0.38 for Q2 2026, down 0.93% on a YoY basis from 0.38 in Q2 2025, and up 5.81% sequentially from 0.36 in Q1 2026.
Paychex (PAYX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Paychex (PAYX) has 18 years of Asset Utilization Ratio data on file, last reported at 0.38 in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 0.93% year-over-year to 0.38; the trailing twelve-month figure through May 2026 stood at 0.38 (down 0.93% YoY), and the FY2026 full-year result was 0.38, down 4.13% from the prior year.
- Asset Utilization Ratio rose to 0.38 in Q2 2026, from 0.36 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.52 in Q4 2022 to a low of 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.
- Peak annual rise in Asset Utilization Ratio reached 17.35% in 2025, while the deepest fall reached 31.55% in 2025.
- Tracing PAYX's Asset Utilization Ratio over 5 years: stood at 0.52 in 2022, then dropped by 20.49% to 0.41 in 2023, then grew by 16.98% to 0.49 in 2024, then declined by 28.86% to 0.35 in 2025, then climbed by 9.35% to 0.38 in 2026.
- Business Quant data shows PAYX's Asset Utilization Ratio at 0.38 in Q2 2026, 0.36 in Q1 2026, and 0.35 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 0.84 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.88 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.39 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.53 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.29 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.57 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.50 |
| 10 | Paychex | 39.35 Bn | 38.23 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 |