Paychex PAYX
NASDAQ PAYX
$121.71 -3.37 (-2.69%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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