Paychex (PAYX) Interest Coverage Ratio (2015 - 2026)
Paychex's (PAYX) quarterly Interest Coverage Ratio came in at 9.35 in Q2 2026, up 38.1% year-over-year from 6.77 in Q2 2025, and down 19.64% quarter-over-quarter from 11.63 in Q1 2026.
Powered by 
Analysis
Paychex (PAYX) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 4.71 |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 8.18 |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 4.93 |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | -15.08 |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 6.79 |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | - |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 9.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 9.51 |
| May 31, 2026 | 9.35 |
| Feb 28, 2026 | 11.63 |
| Nov 30, 2025 | 8.35 |
| Aug 31, 2025 | 7.95 |
| May 31, 2025 | 6.77 |
| Feb 28, 2025 | 30.61 |
| Nov 30, 2024 | 56.64 |
| Aug 31, 2024 | 56.95 |
| May 31, 2024 | 50.72 |
| Feb 29, 2024 | 65.64 |
| Nov 30, 2023 | 59.55 |
| Aug 31, 2023 | 57.05 |
| May 31, 2023 | 48.22 |
| Feb 28, 2023 | 67.99 |
| Nov 30, 2022 | 51.34 |
| Aug 31, 2022 | 54.46 |
| May 31, 2022 | 43.30 |
| Feb 28, 2022 | 62.53 |
| Nov 30, 2021 | 47.34 |
API Access
Paychex Interest Coverage Ratio 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=interest-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();