Paychex (PAYX) Free Cash Flow (2009 - 2026)

Paychex (PAYX) reported Free Cash Flow of $371.0 million for Q2 2026, up 30.96% on a YoY basis from $283.3 million in Q2 2025, and down 54.03% sequentially from $807.0 million in Q1 2026.

Paychex (PAYX) Free Cash Flow (2009 - 2026) Analysis & Trends

Paychex (PAYX) has 18 years of Free Cash Flow data on file, last reported at $371.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 30.96% year-over-year to $371.0 million; the trailing twelve-month figure through May 2026 stood at $2.3 billion (up 35.85% YoY), and the FY2026 full-year result was $2.3 billion, up 35.85% from the prior year.
  • Free Cash Flow declined to $371.0 million in Q2 2026, from $807.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $807.0 million in Q1 2026 to a low of $217.4 million in Q2 2024.
  • A 5-year average of $468.2 million and a median of $426.4 million in 2023 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow surged 117.63% in 2022 and plunged 41.46% in 2024, its largest moves.
  • Tracing PAYX's Free Cash Flow over 5 years: stood at $295.1 million in 2022, then rose by 0.75% to $297.3 million in 2023, then retreated by 1.61% to $292.5 million in 2024, then jumped by 64.55% to $481.3 million in 2025, then fell by 22.92% to $371.0 million in 2026.
  • Business Quant data shows PAYX's Free Cash Flow at $371.0 million in Q2 2026, $807.0 million in Q1 2026, and $481.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 Paychex 39.35 Bn 38.23 Bn 1.14 Bn 371.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 371.00 Mn
May 31, 2026 371.00 Mn
Feb 28, 2026 807.00 Mn
Feb 28, 2026 807.00 Mn
Nov 30, 2025 481.30 Mn
Nov 30, 2025 481.30 Mn
Aug 31, 2025 662.50 Mn
Aug 31, 2025 662.50 Mn
May 31, 2025 283.30 Mn
May 31, 2025 283.30 Mn
Feb 28, 2025 599.80 Mn
Feb 28, 2025 599.80 Mn
Nov 30, 2024 292.50 Mn
Nov 30, 2024 292.50 Mn
Aug 31, 2024 533.50 Mn
Aug 31, 2024 533.50 Mn
May 31, 2024 217.40 Mn
May 31, 2024 217.40 Mn
Feb 29, 2024 666.40 Mn
Feb 29, 2024 666.40 Mn