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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Paychex (PAYX) Interest Coverage Ratio (2016 - 2026)

Paychex (PAYX) has disclosed Interest Coverage Ratio for 12 consecutive years, with 11.63 as the latest value for Q1 2026.

  • Quarterly Interest Coverage Ratio fell 62.01% to 11.63 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 8.7 through Feb 2026, down 80.27% year-over-year, with the annual reading at 20.95 for FY2025, 64.06% down from the prior year.
  • Interest Coverage Ratio hit 11.63 in Q1 2026 for Paychex, up from 8.35 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 67.99 in Q1 2023 to a low of 6.77 in Q2 2025.
  • Historically, Interest Coverage Ratio has averaged 43.51 across 5 years, with a median of 51.34 in 2022.
  • Biggest five-year swings in Interest Coverage Ratio: grew 17.43% in 2022 and later crashed 86.66% in 2025.
  • Year by year, Interest Coverage Ratio stood at 51.34 in 2022, then grew by 16.0% to 59.55 in 2023, then decreased by 4.89% to 56.64 in 2024, then tumbled by 85.26% to 8.35 in 2025, then soared by 39.3% to 11.63 in 2026.
  • Business Quant data shows Interest Coverage Ratio for PAYX at 11.63 in Q1 2026, 8.35 in Q4 2025, and 7.95 in Q3 2025.