Paychex (PAYX) EV to FCF (2009 - 2026)
Paychex's (PAYX) quarterly EV to FCF came in at 64.75 in Q2 2026, down 66.8% year-over-year from 195.02 in Q2 2025, and up 55.23% quarter-over-quarter from 41.71 in Q1 2026.
Analysis
Paychex (PAYX) EV to FCF (2009 - 2026) Analysis & Trends
Paychex has disclosed EV to FCF across 18 years of filings, most recently posting 64.75 for Q2 2026.
- In Q2 2026, EV to FCF fell 66.8% year-over-year to 64.75; the TTM figure through May 2026 stood at 14.36 (down 55.57% YoY), while the FY2026 annual figure was 14.36, down 55.57% from the prior year.
- EV to FCF came in at 64.75 for Q2 2026 at Paychex, up from 41.71 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 231.45 in Q2 2024 to a low of 41.71 in Q1 2026.
- Average EV to FCF over 5 years is 110.56, with a median of 93.54 recorded in 2024.
- Year-over-year, EV to FCF surged 137.25% in 2024 and plunged 66.8% in 2026.
- Over 5 years, EV to FCF stood at 135.74 in 2022, then rose by 15.63% to 156.96 in 2023, then surged by 32.06% to 207.28 in 2024, then plunged by 51.4% to 100.73 in 2025, then sank by 35.72% to 64.75 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 64.75 in Q2 2026, 41.71 in Q1 2026, and 100.73 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 64.75 |
| Feb 28, 2026 | 41.71 |
| Nov 30, 2025 | 100.73 |
| Aug 31, 2025 | 73.24 |
| May 31, 2025 | 195.02 |
| Feb 28, 2025 | 79.45 |
| Nov 30, 2024 | 207.28 |
| Aug 31, 2024 | 89.53 |
| May 31, 2024 | 231.45 |
| Feb 29, 2024 | 67.21 |
| Nov 30, 2023 | 156.96 |
| Aug 31, 2023 | 64.88 |
| May 31, 2023 | 97.55 |
| Feb 28, 2023 | 71.08 |
| Nov 30, 2022 | 135.74 |
| Aug 31, 2022 | 129.48 |
| May 31, 2022 | 112.03 |
| Feb 28, 2022 | 71.99 |
| Nov 30, 2021 | 309.70 |
| Aug 31, 2021 | 112.97 |