Paychex (PAYX) FCF Payout Ratio (2009 - 2026)
Paychex recorded quarterly FCF Payout Ratio of 0.48 in Q1 2026, down 40.34% quarter-over-quarter from 0.81 in Q4 2025, and down 9.11% year-over-year from 0.53 in Q1 2025.
Paychex's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.48 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 9.11% year-over-year to 0.48; the TTM figure through Feb 2026 stood at 0.7 (down 25.5% YoY), while the FY2025 annual figure was 0.85, up 11.9% from the prior year.
- FCF Payout Ratio came in at 0.48 for Q1 2026 at Paychex, down from 0.81 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 4.1 in Q2 2024 to a low of 0.36 in Q1 2022.
- A 5-year average of 0.96 and a median of 0.68 in 2022 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio surged 373.5% in 2024 and slumped 66.45% in 2025, its largest moves.
- Paychex's FCF Payout Ratio stood at 0.96 in 2022, then advanced by 11.64% to 1.08 in 2023, then surged by 45.59% to 1.57 in 2024, then sank by 48.6% to 0.81 in 2025, then tumbled by 40.34% to 0.48 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.48, 0.81, and 0.59 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.07 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.31 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.06 |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.48 |
| Nov 30, 2025 | 0.81 |
| Aug 31, 2025 | 0.59 |
| May 31, 2025 | 1.37 |
| Feb 28, 2025 | 0.53 |
| Nov 30, 2024 | 1.57 |
| Aug 31, 2024 | 0.66 |
| May 31, 2024 | 4.10 |
| Feb 29, 2024 | 0.48 |
| Nov 30, 2023 | 1.08 |
| Aug 31, 2023 | 0.47 |
| May 31, 2023 | 0.87 |
| Feb 28, 2023 | 0.53 |
| Nov 30, 2022 | 0.96 |
| Aug 31, 2022 | 0.79 |
| May 31, 2022 | 0.68 |
| Feb 28, 2022 | 0.36 |
| Nov 30, 2021 | 2.24 |
| Aug 31, 2021 | 0.62 |
| May 31, 2021 | 0.51 |
| Feb 28, 2021 | 0.55 |
| Nov 30, 2020 | 1.23 |
| Aug 31, 2020 | 1.15 |
| May 31, 2020 | 0.83 |
| Feb 29, 2020 | 0.41 |
| Nov 30, 2019 | 0.94 |
| Aug 31, 2019 | 0.83 |
| May 31, 2019 | 0.67 |
| Feb 28, 2019 | 0.46 |
| Nov 30, 2018 | 0.90 |
| Aug 31, 2018 | 0.74 |
| May 31, 2018 | 1.43 |
| Feb 28, 2018 | 0.32 |
| Nov 30, 2017 | 1.27 |
| Aug 31, 2017 | 0.52 |
| May 31, 2017 | 0.87 |
| Feb 28, 2017 | 0.47 |
| Nov 30, 2016 | 1.23 |
| Aug 31, 2016 | 0.61 |
| May 31, 2016 | 0.53 |
| Feb 29, 2016 | 0.49 |
| Nov 30, 2015 | 0.96 |
| Aug 31, 2015 | 0.59 |
| May 31, 2015 | 0.80 |
| Feb 28, 2015 | 0.53 |
| Nov 30, 2014 | 1.14 |
| Aug 31, 2014 | 0.58 |
| May 31, 2014 | 0.74 |
| Feb 28, 2014 | 0.37 |
| Nov 30, 2013 | 1.14 |
| Aug 31, 2013 | 0.53 |
| Feb 28, 2013 | 0.87 |
| Nov 30, 2012 | 0.92 |
| Aug 31, 2012 | 0.59 |
| May 31, 2012 | 0.81 |
| Feb 29, 2012 | 0.44 |
| Nov 30, 2011 | 0.89 |
| Aug 31, 2011 | 0.67 |
| May 31, 2011 | 1.73 |
| Feb 28, 2011 | 0.41 |
| Nov 30, 2010 | 1.38 |
| Aug 31, 2010 | 0.58 |
| May 31, 2010 | 0.82 |
| Feb 28, 2010 | 0.59 |
| Nov 30, 2009 | 1.28 |
| Aug 31, 2009 | 0.61 |
| May 31, 2009 | 1.42 |
| Feb 28, 2009 | 0.49 |