Paychex PAYX
NASDAQ PAYX
$121.71 -3.37 (-2.69%)
At close: Sep 4, 2026 · 4:00 PM EDT

Paychex (PAYX) Asset Utilization Ratio (2009 - 2026)

Paychex's (PAYX) quarterly Asset Utilization Ratio came in at 0.39 in Q2 2026, down 3.59% year-over-year from 0.4 in Q2 2025, and up 3.86% quarter-over-quarter from 0.37 in Q1 2026.

Analysis

Paychex (PAYX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Paychex has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.39 for Q2 2026.

  • In Q2 2026, Asset Utilization Ratio fell 3.59% year-over-year to 0.39; the TTM figure through May 2026 stood at 0.39 (down 3.59% YoY), while the FY2026 annual figure was 0.4, down 3.8% from the prior year.
  • Asset Utilization Ratio came in at 0.39 for Q2 2026 at Paychex, up from 0.37 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.53 in Q4 2022 to a low of 0.35 in Q3 2025.
  • Average Asset Utilization Ratio over 5 years is 0.45, with a median of 0.45 recorded in 2022.
  • The largest YoY upside for Asset Utilization Ratio was 20.16% in 2025 against a maximum downside of 31.48% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.53 in 2022, then fell by 19.08% to 0.43 in 2023, then gained by 20.06% to 0.51 in 2024, then dropped by 28.74% to 0.36 in 2025, then gained by 6.31% to 0.39 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.39 in Q2 2026, 0.37 in Q1 2026, and 0.36 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Automatic Data Processing 110.44 Bn 106.21 Bn 2.51 Bn 0.34
2 Paychex 43.28 Bn 42.14 Bn 1.19 Bn 0.39
3 Paycom Software 10.27 Bn 10.07 Bn 412.40 Mn 0.43
4 Paylocity Holding 8.11 Bn 7.84 Bn 300.38 Mn 0.34
5 Kanzhun 7.88 Bn 5.57 Bn 306.38 Mn 0.33
6 Alight 393.98 Mn 180.98 Mn 142.00 Mn 0.52
7 Asure Software 267.49 Mn 247.81 Mn 25.06 Mn 0.31
8 Dhi 194.97 Mn 191.20 Mn 25.04 Mn 0.65
9 CXApp 5.71 Mn 5.71 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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
Aug 31, 2021 0.45