Paychex (PAYX) Free Cash Flow (2009 - 2026)
Paychex (PAYX) posted Free Cash Flow of $371.0 million for Q2 2026, down 54.03% sequentially from $807.0 million in Q1 2026, and up 30.96% YoY from $283.3 million in Q2 2025.
Paychex (PAYX) Free Cash Flow (2009 - 2026) Analysis & Trends
Paychex has reported Free Cash Flow for 18 years, with the latest figure at $371.0 million in Q2 2026.
- Quarterly Free Cash Flow rose 30.96% year-over-year to $371.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $2.3 billion (up 35.85% YoY) and the FY2026 annual result came in at $2.3 billion, up 35.85% from the prior year.
- Free Cash Flow declined to $371.0 million in Q2 2026 per PAYX's latest filing, from $807.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $807.0 million in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow jumped 117.63% in 2022, then slumped 41.46% in 2024.
- Over 5 years, Free Cash Flow stood at $295.1 million in 2022, then climbed by 0.75% to $297.3 million in 2023, then dropped by 1.61% to $292.5 million in 2024, then jumped by 64.55% to $481.3 million in 2025, then slipped by 22.92% to $371.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $371.0 million, $807.0 million, and $481.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 8.16 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 654.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 2.79 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 473.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 232.77 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 1.36 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.11 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 5.24 Bn |
| 10 | Paychex | 43.39 Bn | 42.27 Bn | 1.14 Bn | 371.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |