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
DateValue
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