Paychex (PAYX) Free Cash Flow (2009 - 2026)
Paychex's (PAYX) quarterly Free Cash Flow came in at $515.0 million in Q2 2026, up 81.79% year-over-year from $283.3 million in Q2 2025, and down 32.37% quarter-over-quarter from $761.5 million in Q1 2026.
Paychex (PAYX) Free Cash Flow (2009 - 2026) Analysis & Trends
Paychex has disclosed Free Cash Flow across 18 years of filings, most recently posting $515.0 million for Q2 2026.
- In Q2 2026, Free Cash Flow rose 81.79% year-over-year to $515.0 million; the TTM figure through May 2026 stood at $2.3 billion (up 35.85% YoY), while the FY2026 annual figure was $2.3 billion, up 35.85% from the prior year.
- Free Cash Flow came in at $515.0 million for Q2 2026 at Paychex, down from $761.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $761.5 million in Q1 2026 to a low of $180.4 million in Q2 2024.
- Average Free Cash Flow over 5 years is $460.9 million, with a median of $448.7 million recorded in 2022.
- Year-over-year, Free Cash Flow soared 136.06% in 2022 and slumped 51.43% in 2024.
- Over 5 years, Free Cash Flow stood at $320.1 million in 2022, then decreased by 15.46% to $270.6 million in 2023, then retreated by 8.35% to $248.0 million in 2024, then jumped by 54.35% to $382.8 million in 2025, then soared by 34.54% to $515.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $515.0 million in Q2 2026, $761.5 million in Q1 2026, and $382.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 1.20 Bn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | -5.40 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 3.80 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 1.10 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 473.00 Mn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 1.36 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 1.30 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | -6.43 Bn |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 515.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 357.40 Mn |
| May 31, 2026 | 515.00 Mn |
| Feb 28, 2026 | 761.50 Mn |
| Nov 30, 2025 | 382.80 Mn |
| Aug 31, 2025 | 662.50 Mn |
| May 31, 2025 | 283.30 Mn |
| Feb 28, 2025 | 667.30 Mn |
| Nov 30, 2024 | 248.00 Mn |
| Aug 31, 2024 | 510.50 Mn |
| May 31, 2024 | 180.40 Mn |
| Feb 29, 2024 | 631.00 Mn |
| Nov 30, 2023 | 270.60 Mn |
| Aug 31, 2023 | 654.30 Mn |
| May 31, 2023 | 371.40 Mn |
| Feb 28, 2023 | 538.00 Mn |
| Nov 30, 2022 | 320.10 Mn |
| Aug 31, 2022 | 333.70 Mn |
| May 31, 2022 | 386.90 Mn |
| Feb 28, 2022 | 578.20 Mn |
| Nov 30, 2021 | 135.60 Mn |
Paychex Free Cash Flow 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=free-cash-flow&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();