Paychex (PAYX) Debt Ratio (2016 - 2026)
Paychex's (PAYX) quarterly Debt Ratio came in at 0.28 in Q2 2026, down 13.06% year-over-year from 0.32 in Q2 2025, and down 7.87% quarter-over-quarter from 0.31 in Q1 2026.
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Analysis
Paychex (PAYX) Debt Ratio (2016 - 2026) Analysis & Trends
Paychex has disclosed Debt Ratio across 11 years of filings, most recently posting 0.28 for Q2 2026.
- In Q2 2026, Debt Ratio fell 13.06% year-over-year to 0.28; the TTM figure through May 2026 stood at 0.28 (down 13.06% YoY), while the FY2026 annual figure was 0.28, down 13.06% from the prior year.
- Debt Ratio came in at 0.28 for Q2 2026 at Paychex, down from 0.31 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.33 in Q4 2025 to a low of 0.06 in Q1 2024.
- Average Debt Ratio over 5 years is 0.14, with a median of 0.08 recorded in 2024.
- Year-over-year, Debt Ratio fell 24.53% in 2023 and soared 311.29% in 2026.
- Over 5 years, Debt Ratio stood at 0.09 in 2022, then retreated by 22.85% to 0.07 in 2023, then climbed by 15.53% to 0.08 in 2024, then jumped by 310.78% to 0.33 in 2025, then fell by 13.35% to 0.28 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.28 in Q2 2026, 0.31 in Q1 2026, and 0.33 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 0.41 |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 0.11 |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 0.36 |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 0.30 |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 0.08 |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 0.24 |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | 0.16 |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 0.13 |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 0.28 |
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();