Paychex (PAYX) Asset Utilization Ratio (2009 - 2026)
Paychex recorded quarterly Asset Utilization Ratio of 0.37 in Q1 2026, up 3.18% quarter-over-quarter from 0.35 in Q4 2025, and down 25.61% year-over-year from 0.49 in Q1 2025.
Paychex's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.37 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 25.61% year-over-year to 0.37; the TTM figure through Feb 2026 stood at 0.37 (down 25.61% YoY), while the FY2025 annual figure was 0.41, down 18.01% from the prior year.
- Asset Utilization Ratio came in at 0.37 for Q1 2026 at Paychex, up from 0.35 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 0.34 in Q3 2025.
- A 5-year average of 0.44 and a median of 0.44 in 2022 frame the typical range for Asset Utilization Ratio.
- On a YoY basis, Asset Utilization Ratio climbed as much as 21.52% in 2025 and fell as far as 32.01% in 2025.
- Paychex's Asset Utilization Ratio stood at 0.52 in 2022, then declined by 20.85% to 0.41 in 2023, then gained by 21.2% to 0.5 in 2024, then slipped by 29.4% to 0.35 in 2025, then climbed by 3.18% to 0.37 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.37, 0.35, and 0.34 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.51 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.40 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 0.84 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 0.55 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.50 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.83 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.29 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.57 |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.37 |
| Nov 30, 2025 | 0.35 |
| Aug 31, 2025 | 0.34 |
| May 31, 2025 | 0.40 |
| Feb 28, 2025 | 0.49 |
| Nov 30, 2024 | 0.50 |
| Aug 31, 2024 | 0.50 |
| May 31, 2024 | 0.44 |
| Feb 29, 2024 | 0.41 |
| Nov 30, 2023 | 0.41 |
| Aug 31, 2023 | 0.44 |
| May 31, 2023 | 0.46 |
| Feb 28, 2023 | 0.49 |
| Nov 30, 2022 | 0.52 |
| Aug 31, 2022 | 0.51 |
| May 31, 2022 | 0.47 |
| Feb 28, 2022 | 0.44 |
| Nov 30, 2021 | 0.45 |
| Aug 31, 2021 | 0.45 |
| May 31, 2021 | 0.42 |
| Feb 28, 2021 | 0.43 |
| Nov 30, 2020 | 0.46 |
| Aug 31, 2020 | 0.46 |
| May 31, 2020 | 0.44 |
| Feb 29, 2020 | 0.45 |
| Nov 30, 2019 | 0.46 |
| Aug 31, 2019 | 0.45 |
| May 31, 2019 | 0.39 |
| Feb 28, 2019 | 0.41 |
| Nov 30, 2018 | 0.49 |
| Aug 31, 2018 | 0.46 |
| May 31, 2018 | 0.45 |
| Feb 28, 2018 | 0.45 |
| Nov 30, 2017 | 0.41 |
| Aug 31, 2017 | 0.43 |
| May 31, 2017 | 0.44 |
| Feb 28, 2017 | 0.47 |
| Nov 30, 2016 | 0.51 |
| Aug 31, 2016 | 0.48 |
| May 31, 2016 | 0.43 |
| Feb 29, 2016 | 0.44 |
| Nov 30, 2015 | 0.47 |
| Aug 31, 2015 | 0.45 |
| May 31, 2015 | 0.39 |
| Feb 28, 2015 | 0.39 |
| Nov 30, 2014 | 0.42 |
| Aug 31, 2014 | 0.40 |
| May 31, 2014 | 0.37 |
| Feb 28, 2014 | 0.37 |
| Nov 30, 2013 | 0.39 |
| Aug 31, 2013 | 0.38 |
| May 31, 2013 | 0.34 |
| Feb 28, 2013 | 0.34 |
| Nov 30, 2012 | 0.39 |
| Aug 31, 2012 | 0.36 |
| May 31, 2012 | 0.35 |
| Feb 29, 2012 | 0.40 |
| Nov 30, 2011 | 0.43 |
| Aug 31, 2011 | 0.40 |
| May 31, 2011 | 0.36 |
| Feb 28, 2011 | 0.37 |
| Nov 30, 2010 | 0.40 |
| Aug 31, 2010 | 0.39 |
| May 31, 2010 | 0.36 |
| Feb 28, 2010 | 0.37 |
| Nov 30, 2009 | 0.42 |
| Aug 31, 2009 | 0.41 |