Paychex (PAYX) FCF Payout Ratio (2009 - 2026)
Paychex's FCF Payout Ratio was 1.19 in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 102.0% from 0.59 a year earlier and up 43.9% from the prior quarter.
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Analysis
Paychex (PAYX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Paychex's FCF Payout Ratio was 0.81 through Aug 31, 2026, up 1.0% year-over-year; for FY2026 (ended May 31, 2026), it was 0.68, down 19.2% from FY2025.
- In earlier fiscal years, FCF Payout Ratio was 0.85 in FY2025 (+11.9%), 0.76 in FY2024 (+0.8%), 0.75 in FY2023 (+9.5%) and 0.69 in FY2022 (-13.7%).
- The fiscal Q1 2027 figure marks the highest quarterly FCF Payout Ratio since fiscal Q4 2025.
- Compared with a year earlier, FCF Payout Ratio was higher in three of the last eight quarters, with growth averaging 1.1%.
- The best year-over-year quarter for FCF Payout Ratio over five years was fiscal Q4 2024 (growth of 126.3%); the worst was fiscal Q2 2023 (a decline of 49.4%).
- Per Business Quant data, PAYX's FCF Payout Ratio in the three fiscal quarters before Q1 2027 was 0.82 (Q4 2026), 0.51 (Q3 2026) and 1.01 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 467.78 Bn | 436.73 Bn | 1.64 Bn | - |
| 2 | Oracle | 390.98 Bn | 263.11 Bn | - | - |
| 3 | Sap Se | 263.14 Bn | 190.92 Bn | 8.40 Bn | - |
| 4 | Salesforce | 198.23 Bn | 154.10 Bn | 8.70 Bn | - |
| 5 | ServiceNow | 150.00 Bn | 128.46 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 115.45 Bn | 97.58 Bn | 2.51 Bn | - |
| 7 | Intuit | 89.81 Bn | 69.16 Bn | 3.44 Bn | - |
| 8 | Relx | 71.52 Bn | 70.62 Bn | - | - |
| 9 | Strategy | 51.22 Bn | 44.21 Bn | 81.55 Mn | - |
| 10 | Paychex | 39.39 Bn | 34.48 Bn | 1.20 Bn | 1.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.21 |
| May 31, 2026 | 0.85 |
| Feb 28, 2026 | 0.51 |
| Nov 30, 2025 | 1.03 |
| Aug 31, 2025 | 0.60 |
| May 31, 2025 | 1.40 |
| Feb 28, 2025 | 0.54 |
| Nov 30, 2024 | 1.44 |
| Aug 31, 2024 | 0.71 |
| May 31, 2024 | 2.00 |
| Feb 29, 2024 | 0.51 |
| Nov 30, 2023 | 1.25 |
| Aug 31, 2023 | 0.50 |
| May 31, 2023 | 0.86 |
| Feb 28, 2023 | 0.53 |
| Nov 30, 2022 | 0.90 |
| Aug 31, 2022 | 0.87 |
| May 31, 2022 | 0.74 |
| Feb 28, 2022 | 0.42 |
| Nov 30, 2021 | 1.83 |
API Access
Paychex FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();