Paychex (PAYX) FCF Margin (2009 - 2026)
Paychex (PAYX) reported FCF Margin of 21.92% for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 21.10 percentage points from 43.02% a year earlier and down 10.16 percentage points from the prior quarter.
Paychex (PAYX) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Paychex's FCF Margin came in at 30.54%, down 1.58 percentage points year-over-year; for FY2026 (ended May 31, 2026), it came in at 35.65%, up 4.98 percentage points from FY2025.
- FCF Margin has a five-year change of +7.51 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 30.67% in FY2025 (-2.22 pp), 32.90% in FY2024 (+1.68 pp), 31.22% in FY2023 (-0.35 pp) and 31.57% in FY2022 (+3.42 pp).
- The fiscal Q1 2027 figure ranks as the lowest quarterly FCF Margin since fiscal Q4 2025.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +0.33 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q1 2024 (a gain of 23.21 percentage points); the low point was fiscal Q1 2027 (a drop of 21.10 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 32.08% (Q4 2026), 42.10% (Q3 2026) and 24.58% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 62.08% |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | -27.89% |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 33.09% |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 9.68% |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 11.86% |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 24.76% |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 29.95% |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | -4.83% |
| 10 | Paychex | 39.41 Bn | 34.49 Bn | 1.20 Bn | 21.50% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 21.50% |
| May 31, 2026 | 30.99% |
| Feb 28, 2026 | 41.79% |
| Nov 30, 2025 | 24.29% |
| Aug 31, 2025 | 42.05% |
| May 31, 2025 | 19.46% |
| Feb 28, 2025 | 43.61% |
| Nov 30, 2024 | 18.64% |
| Aug 31, 2024 | 37.76% |
| May 31, 2024 | 13.60% |
| Feb 29, 2024 | 43.47% |
| Nov 30, 2023 | 20.40% |
| Aug 31, 2023 | 50.37% |
| May 31, 2023 | 30.30% |
| Feb 28, 2023 | 38.74% |
| Nov 30, 2022 | 26.64% |
| Aug 31, 2022 | 27.20% |
| May 31, 2022 | 33.78% |
| Feb 28, 2022 | 45.03% |
| Nov 30, 2021 | 11.75% |
Paychex FCF Margin 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=fcf-margin&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();