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| 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 |