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

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

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

Paychex has reported FCF Payout Ratio for 18 years, with the latest figure at 1.14 in Q2 2026.

  • Quarterly FCF Payout Ratio fell 16.71% year-over-year to 1.14 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.68 (down 19.22% YoY) and the FY2026 annual result came in at 0.68, down 19.22% from the prior year.
  • FCF Payout Ratio advanced to 1.14 in Q2 2026 per PAYX's latest filing, from 0.48 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 1.62 in Q2 2024 and troughed at 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.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio plunged 45.1% in 2022, then jumped 87.87% in 2024.
  • Over 5 years, FCF Payout Ratio stood at 0.96 in 2022, then climbed by 11.64% to 1.08 in 2023, then gained by 11.99% to 1.21 in 2024, then sank by 33.18% to 0.81 in 2025, then soared by 42.0% to 1.14 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 1.14, 0.48, and 0.81 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.00
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.06
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn -
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn -
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.50
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn -
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.06
10 Paychex 43.39 Bn 42.27 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