Paychex (PAYX) Debt Ratio (2016 - 2026)
Paychex's Debt Ratio came in at 0.29 for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 2.4% from 0.30 a year earlier but up 3.3% from the prior quarter.
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Analysis
Paychex (PAYX) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Paychex's Debt Ratio was 0.28, down 6.1% from FY2025.
- Going back by fiscal year, Debt Ratio was 0.30 in FY2025 (+280.9%), 0.08 in FY2024 (+2.7%), 0.08 in FY2023 (-8.4%) and 0.08 in FY2022 (-4.0%).
- The five-year range for quarterly Debt Ratio is 0.06 (fiscal Q3 2024) to 0.30 (fiscal Q2 2026).
- Year-over-year, Debt Ratio increased in six of the last eight quarters, with growth averaging 145.4%.
- The fastest year-over-year change in Debt Ratio over five years came in fiscal Q3 2026 (growth of 288.8%), and the weakest in fiscal Q1 2024 (a decline of 24.8%).
- Business Quant data shows PAYX's Debt Ratio at 0.28 (Q4 2026), 0.28 (Q3 2026) and 0.30 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | - |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 0.41 |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 0.11 |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 0.36 |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 0.24 |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 0.08 |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 0.21 |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | 0.16 |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | 0.13 |
| 10 | Paychex | 39.41 Bn | 34.49 Bn | 1.20 Bn | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.29 |
| May 31, 2026 | 0.28 |
| Feb 28, 2026 | 0.28 |
| Nov 30, 2025 | 0.30 |
| Aug 31, 2025 | 0.30 |
| May 31, 2025 | 0.30 |
| Feb 28, 2025 | 0.07 |
| Nov 30, 2024 | 0.08 |
| Aug 31, 2024 | 0.08 |
| May 31, 2024 | 0.08 |
| Feb 29, 2024 | 0.06 |
| Nov 30, 2023 | 0.07 |
| Aug 31, 2023 | 0.07 |
| May 31, 2023 | 0.08 |
| Feb 28, 2023 | 0.08 |
| Nov 30, 2022 | 0.09 |
| Aug 31, 2022 | 0.09 |
| May 31, 2022 | 0.08 |
| Feb 28, 2022 | 0.08 |
| Nov 30, 2021 | 0.08 |
API Access
Paychex Debt Ratio 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=debt-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();