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
DateValue
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