Paychex (PAYX) FCF Payout Ratio (2009 - 2026)
Paychex's (PAYX) quarterly FCF Payout Ratio came in at 0.48 in Q1 2026, down 9.11% year-on-year from 0.53 in Q1 2025, and down 40.34% quarter-over-quarter from 0.81 in Q4 2025.
Paychex (PAYX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Paychex has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.48 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.48, down 9.11% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.7 (down 25.5% YoY), and the FY2025 annual result 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.
- The 5-year median for FCF Payout Ratio is 0.68 (2022), against an average of 0.96.
- Across the five-year window, FCF Payout Ratio jumped 373.5% in 2024 and tumbled 66.45% in 2025, its largest moves.
- Paychex's FCF Payout Ratio stood at 0.96 in 2022, then gained by 11.64% to 1.08 in 2023, then jumped by 45.59% to 1.57 in 2024, then slumped by 48.6% to 0.81 in 2025, then plunged by 40.34% to 0.48 in 2026.
- The last three FCF Payout Ratio figures came in at 0.48 (Q1 2026), 0.81 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | - |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.06 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | - |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.31 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | - |
| 10 | Paychex | 36.04 Bn | 34.25 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 |