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

Paychex's (PAYX) quarterly Asset Utilization Ratio came in at 0.37 in Q1 2026, down 25.61% year-on-year from 0.49 in Q1 2025, and up 3.18% quarter-over-quarter from 0.35 in Q4 2025.

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

Paychex has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.37 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.37, down 25.61% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.37 (down 25.61% YoY), and the FY2025 annual result 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.
  • The 5-year median for Asset Utilization Ratio is 0.44 (2022), against an average of 0.44.
  • Peak annual rise in Asset Utilization Ratio reached 21.52% in 2025, while the deepest fall reached 32.01% in 2025.
  • Paychex's Asset Utilization Ratio stood at 0.52 in 2022, then dropped by 20.85% to 0.41 in 2023, then rose by 21.2% to 0.5 in 2024, then decreased by 29.4% to 0.35 in 2025, then advanced by 3.18% to 0.37 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.35 (Q4 2025), and 0.34 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.51
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.88
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.84
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.39
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.50
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.55
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.29
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.85
10 Paychex 36.04 Bn 34.25 Bn 1.38 Bn 0.37

Historic Data

Download Data
DateValue
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