Paychex (PAYX) FCF Payout Ratio (2009 - 2026)
Paychex's (PAYX) quarterly FCF Payout Ratio came in at 0.83 in Q2 2026, down 39.99% year-over-year from 1.37 in Q2 2025, and up 61.93% quarter-over-quarter from 0.51 in Q1 2026.
Analysis
Paychex (PAYX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Paychex has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.83 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 39.99% year-over-year to 0.83; the TTM figure through May 2026 stood at 0.68 (down 19.21% YoY), while the FY2026 annual figure was 0.68, down 19.21% from the prior year.
- FCF Payout Ratio came in at 0.83 for Q2 2026 at Paychex, up from 0.51 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.96 in Q2 2024 to a low of 0.41 in Q1 2022.
- Average FCF Payout Ratio over 5 years is 0.85, with a median of 0.78 recorded in 2026.
- Year-over-year, FCF Payout Ratio tumbled 49.39% in 2022 and surged 126.05% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.89 in 2022, then surged by 33.04% to 1.18 in 2023, then increased by 20.22% to 1.42 in 2024, then slipped by 28.77% to 1.01 in 2025, then dropped by 18.58% to 0.83 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.83 in Q2 2026, 0.51 in Q1 2026, and 1.01 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 0.50 |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 0.83 |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 0.09 |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | - |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | - |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 0.02 |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | - |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | - |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.83 |
| Feb 28, 2026 | 0.51 |
| Nov 30, 2025 | 1.01 |
| Aug 31, 2025 | 0.59 |
| May 31, 2025 | 1.37 |
| Feb 28, 2025 | 0.53 |
| Nov 30, 2024 | 1.42 |
| Aug 31, 2024 | 0.69 |
| May 31, 2024 | 1.96 |
| Feb 29, 2024 | 0.51 |
| Nov 30, 2023 | 1.18 |
| Aug 31, 2023 | 0.49 |
| May 31, 2023 | 0.87 |
| Feb 28, 2023 | 0.53 |
| Nov 30, 2022 | 0.89 |
| Aug 31, 2022 | 0.85 |
| May 31, 2022 | 0.74 |
| Feb 28, 2022 | 0.41 |
| Nov 30, 2021 | 1.76 |
| Aug 31, 2021 | 0.67 |