Paychex PAYX
NASDAQ PAYX
$121.71 -3.37 (-2.69%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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