Paychex (PAYX) FCF Margin (2009 - 2026)
Paychex recorded quarterly FCF Margin of 44.61% in Q1 2026, up 39.34% quarter-over-quarter from 32.02% in Q4 2025, and down 90.0% year-over-year from 446.13% in Q1 2025.
Paychex's FCF Margin history runs 18 years deep, the most recent figure standing at 44.61% for Q1 2026.
- In Q1 2026, FCF Margin fell 90.0% year-over-year to 44.61%; the TTM figure through Feb 2026 stood at 35.85% (up 764.0% YoY), while the FY2025 annual figure was 30.67%, down 222.0% from the prior year.
- FCF Margin came in at 44.61% for Q1 2026 at Paychex, up from 32.02% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 54.78% in Q3 2023 to a low of 6.65% in Q2 2024.
- A 5-year average of 34.85% and a median of 35.47% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 2459 bps in 2023 and slumped 2418 bps in 2024, its largest moves.
- Paychex's FCF Margin stood at 25.25% in 2022, then fell by 4 bps to 24.24% in 2023, then slipped by 28 bps to 17.57% in 2024, then surged by 82 bps to 32.02% in 2025, then jumped by 39 bps to 44.61% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 44.61%, 32.02%, and 44.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 44.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 44.61% |
| Nov 30, 2025 | 32.02% |
| Aug 31, 2025 | 44.39% |
| May 31, 2025 | 19.85% |
| Feb 28, 2025 | 45.52% |
| Nov 30, 2024 | 17.57% |
| Aug 31, 2024 | 40.46% |
| May 31, 2024 | 6.65% |
| Feb 29, 2024 | 47.76% |
| Nov 30, 2023 | 24.24% |
| Aug 31, 2023 | 54.78% |
| May 31, 2023 | 30.83% |
| Feb 28, 2023 | 39.98% |
| Nov 30, 2022 | 25.25% |
| Aug 31, 2022 | 30.19% |
| May 31, 2022 | 35.47% |
| Feb 28, 2022 | 52.89% |
| Nov 30, 2021 | 9.61% |
| Aug 31, 2021 | 35.49% |
| May 31, 2021 | 48.24% |
| Feb 28, 2021 | 36.66% |
| Nov 30, 2020 | 18.48% |
| Aug 31, 2020 | 21.18% |
| May 31, 2020 | 30.28% |
| Feb 29, 2020 | 48.13% |
| Nov 30, 2019 | 24.34% |
| Aug 31, 2019 | 27.63% |
| May 31, 2019 | 33.80% |
| Feb 28, 2019 | 40.98% |
| Nov 30, 2018 | 26.00% |
| Aug 31, 2018 | 32.27% |
| May 31, 2018 | 16.93% |
| Feb 28, 2018 | 59.64% |
| Nov 30, 2017 | 17.57% |
| Aug 31, 2017 | 44.05% |
| May 31, 2017 | 24.33% |
| Feb 28, 2017 | 44.24% |
| Nov 30, 2016 | 17.68% |
| Aug 31, 2016 | 34.93% |
| May 31, 2016 | 38.83% |
| Feb 29, 2016 | 41.34% |
| Nov 30, 2015 | 22.20% |
| Aug 31, 2015 | 35.56% |
| May 31, 2015 | 25.18% |
| Feb 28, 2015 | 37.16% |
| Nov 30, 2014 | 17.88% |
| Aug 31, 2014 | 36.28% |
| May 31, 2014 | 26.74% |
| Feb 28, 2014 | 53.98% |
| Nov 30, 2013 | 18.42% |
| Aug 31, 2013 | 40.06% |
| May 31, 2013 | 11.77% |
| Feb 28, 2013 | 47.36% |
| Nov 30, 2012 | 22.80% |
| Aug 31, 2012 | 33.85% |
| May 31, 2012 | 26.56% |
| Feb 29, 2012 | 46.44% |
| Nov 30, 2011 | 24.34% |
| Aug 31, 2011 | 30.25% |
| May 31, 2011 | 12.44% |
| Feb 28, 2011 | 52.87% |
| Nov 30, 2010 | 16.28% |
| Aug 31, 2010 | 37.37% |
| May 31, 2010 | 28.48% |
| Feb 28, 2010 | 37.75% |
| Nov 30, 2009 | 18.10% |
| Aug 31, 2009 | 37.51% |
| May 31, 2009 | 16.40% |
| Feb 28, 2009 | 44.96% |