Paychex (PAYX) Interest Coverage Ratio (2015 - 2026)

Paychex has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 9.35 for Q2 2026.

• In Q2 2026, Interest Coverage Ratio rose 38.1% year-over-year to 9.35; the TTM figure through May 2026 stood at 9.32 (down 55.53% YoY), while the FY2026 annual figure was 9.32, down 55.53% from the prior year.
• Interest Coverage Ratio came in at 9.35 for Q2 2026 at Paychex, down from 11.63 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.
• Average Interest Coverage Ratio over 5 years is 41.61, with a median of 51.03 recorded in 2022.
• Year-over-year, Interest Coverage Ratio plunged 86.66% in 2025 and jumped 38.1% in 2026.
• Over 5 years, Interest Coverage Ratio stood at 51.34 in 2022, then increased by 16.0% to 59.55 in 2023, then fell by 4.89% to 56.64 in 2024, then slumped by 85.26% to 8.35 in 2025, then increased by 11.95% to 9.35 in 2026.
• Per Business Quant data, the three most recent Interest Coverage Ratio figures were 9.35 in Q2 2026, 11.63 in Q1 2026, and 8.35 in Q4 2025.