Paychex (PAYX) FCF Payout Ratio (2009 - 2026)

Paychex (PAYX) reported FCF Payout Ratio of 1.14 for Q2 2026, down 16.71% on a YoY basis from 1.37 in Q2 2025, and up 138.04% sequentially from 0.48 in Q1 2026.

Paychex (PAYX) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Paychex (PAYX) has 18 years of FCF Payout Ratio data on file, last reported at 1.14 in Q2 2026.

  • For the quarter ending Q2 2026, FCF Payout Ratio fell 16.71% year-over-year to 1.14; the trailing twelve-month figure through May 2026 stood at 0.68 (down 19.22% YoY), and the FY2026 full-year result was 0.68, down 19.22% from the prior year.
  • FCF Payout Ratio advanced to 1.14 in Q2 2026, from 0.48 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.62 in Q2 2024 to a low of 0.36 in Q1 2022.
  • A 5-year average of 0.83 and a median of 0.8 in 2022 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio slumped 45.1% in 2022 and surged 87.87% in 2024, its largest moves.
  • Tracing PAYX's FCF Payout Ratio over 5 years: stood at 0.96 in 2022, then rose by 11.64% to 1.08 in 2023, then grew by 11.99% to 1.21 in 2024, then slumped by 33.18% to 0.81 in 2025, then soared by 42.0% to 1.14 in 2026.
  • Business Quant data shows PAYX's FCF Payout Ratio at 1.14 in Q2 2026, 0.48 in Q1 2026, and 0.81 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.06
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.31
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Paychex 39.35 Bn 38.23 Bn 1.14 Bn 1.14

Historic Data

Download Data
DateValue
May 31, 2026 1.14
Feb 28, 2026 0.48
Nov 30, 2025 0.81
Aug 31, 2025 0.59
May 31, 2025 1.37
Feb 28, 2025 0.59
Nov 30, 2024 1.21
Aug 31, 2024 0.66
May 31, 2024 1.62
Feb 29, 2024 0.48
Nov 30, 2023 1.08
Aug 31, 2023 0.47
May 31, 2023 0.86
Feb 28, 2023 0.53
Nov 30, 2022 0.96
Aug 31, 2022 0.79
May 31, 2022 0.96
Feb 28, 2022 0.36
Nov 30, 2021 1.76
Aug 31, 2021 0.67