Paychex (PAYX) Capital Expenditures (2009 - 2026)
Paychex (PAYX) recorded Capital Expenditures of $56.1 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 0.4% from $55.9 million a year earlier but down 14.9% from the prior quarter.
Paychex (PAYX) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Paychex's Capital Expenditures came in at $235.1 million as of Aug 31, 2026, up 10.8% year-over-year; for FY2026 (ended May 31, 2026), it was $234.9 million, up 22.5% from FY2025.
- Annual Capital Expenditures has increased for five straight fiscal years, with a five-year compound annual growth rate of 14.7% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $191.8 million in FY2025 (+18.8%), $161.4 million in FY2024 (+12.9%), $143 million in FY2023 (+6.9%) and $133.8 million in FY2022 (+13.0%).
- Quarterly Capital Expenditures has ranged from $30.6 million in fiscal Q1 2023 to $65.9 million in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for eight consecutive quarters, with growth averaging 23.1% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 57.0% in fiscal Q1 2026, against a decline of 10.4% in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $65.9 million (Q4 2026), $51 million (Q3 2026) and $62.1 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn | 8.01 Mn |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - | 28.50 Bn |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn | -192.12 Mn |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn | 171.00 Mn |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn | 52.70 Mn |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn | 91.00 Mn |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn | 27.00 Mn |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - | - |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - | -176.00 Mn |
| 10 | Paychex | 42.46 Bn | 37.54 Bn | 1.20 Bn | 63.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 63.00 Mn |
| May 31, 2026 | 83.30 Mn |
| Feb 28, 2026 | 56.50 Mn |
| Nov 30, 2025 | 66.60 Mn |
| Aug 31, 2025 | 70.90 Mn |
| May 31, 2025 | 66.00 Mn |
| Feb 28, 2025 | 57.90 Mn |
| Nov 30, 2024 | 49.50 Mn |
| Aug 31, 2024 | 48.20 Mn |
| May 31, 2024 | 45.60 Mn |
| Feb 29, 2024 | 46.00 Mn |
| Nov 30, 2023 | 54.70 Mn |
| Aug 31, 2023 | 45.20 Mn |
| May 31, 2023 | 44.80 Mn |
| Feb 28, 2023 | 34.10 Mn |
| Nov 30, 2022 | 38.30 Mn |
| Aug 31, 2022 | 36.20 Mn |
| May 31, 2022 | 34.80 Mn |
| Feb 28, 2022 | 38.30 Mn |
| Nov 30, 2021 | 39.60 Mn |
Paychex Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();